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What is affiliate marketing?
Affiliate marketing is a powerful method of generating income from the comfort of your home.
Simply explained, a customer visits your website, clicks on a product that they want to buy, and voila! Somehow, almost as if by magic they are redirected to another website. It is the website of the company that owns the product. It is also on this second website that the sale is actually concluded.
Affiliate marketing is a great way for a complete beginner to kickstart their online business career.
How do you benefit from affiliate marketing?
Managing a business is not easy and requires a lot of expertise. Affiliate marketing removes the need to learn about managing a business in the traditional way.
So affiliate marketing is appealing to a complete beginner for the following reasons:
- no need to handle stock
- no need to process payments
- no need to worry about after-sales customer support
- a flexible business which can be conducted anywhere
- you are your own boss, you work at your own pace
- no need to give up your current job
So as you can see, affiliate marketing is a great way to earn an income online if you are a beginner but it also works for the experienced internet marketer.
How much can you earn as an affiliate marketer?
Affiliate marketing income is performance-related. So you will need to sell products to be able to generate an income. The secret to earning an income as an affiliate marketer is to have the ability to send a group of hungry visitors to your website. Once they visit, they must purchase a product so you can get paid. Evidently, not everyone who visits your website will decide to purchase a product. But you need to have a good conversion rate to succeed.
What you need to get started as an affiliate marketer
Starting out as an affiliate marketer should not be daunting if you have the knowledge. There are three key requirements:
Find a product
You need to find a product that you want to sell. It can be a physical or digital product.
Create a website
If you haven’t already got one, you will need to create a website to promote your product.
You will need to drive traffic to your website. I hate to say this but it is pointless having a product and a website if you are unable to send highly targeted individuals to your website.
Don’t know where to begin?
You can find a free affiliate marketing course here.