| Making Money Selling Other People’s Products | | | | may also require you to present the URL of your |
| A lot of people are now getting into online businesses | | | | website and describe its contents. This will allow the |
| and online marketing either to supplement their “real | | | | retailers to verify that you actually have a website with |
| world” income or for it to become their primary | | | | contents that are relevant to their products. Some |
| source of income. Why? Because online marketing | | | | affiliate programs, however, won’t require you to |
| just provides them a lot of benefits! | | | | have a website. After filling out the form and all, you |
| First, you can reach just about anybody in the world | | | | are then allowed to choose the affiliate programs you |
| who has Internet access if you market your products | | | | want to promote. |
| online. That means a wider market for you, which | | | | After signing up with an affiliate program and being an |
| can translate to larger profits. Second, setting up an | | | | actual affiliate, you are now ready to start making a lot |
| online business requires only a fraction of the cost | | | | of money by selling other people’s product online. |
| required to set up an actual business establishment, | | | | How do you make money? There are actually a |
| which means a lot of savings for the business owner. | | | | number of ways for you to earn money as an affiliate, |
| Another aspect that has attracted a lot of people | | | | and most of these ways depends on the type of |
| towards online marketing is the fact that one | | | | affiliate marketing program you’ve gotten into. |
| doesn’t have to have his own products to get | | | | Many affiliate marketing programs compensate their |
| started. In online marketing, one can start making a lot | | | | affiliates in either of three ways: pay-per-click (PPC), |
| of money just by selling, or even by just trying to sell, | | | | pay-per-sale (PPS), or pay-per-lead (PPL). In |
| other people’s products. And getting started with | | | | pay-per-click affiliate marketing, the affiliate is paid |
| this kind of marketing strategy is actually quite easy. | | | | whenever he directs traffic to the merchant’s |
| All that one needs to do is to set up an agreement | | | | site. PPS and PPL affiliate marketing programs work |
| with an online retailer or merchant, and after everything | | | | rather differently. In PPS, the affiliate only gets paid |
| is settled, one can immediately start making money by | | | | when his referral converts into an actual sale. In |
| selling the merchant’s or the retailer’s products. | | | | typical PPS affiliate programs, the affiliate would usually |
| | | | | get 15% to 20% commission for each conversion. |
| Incidentally, the most popular and the fastest growing | | | | PPL affiliate programs work the same way, although |
| method of selling other people’s products online is | | | | affiliates are paid a fixed fee whenever his referral |
| affiliate marketing. Affiliate marketing, in its simplest | | | | converts into a lead for the company. |
| definition, is a relationship between an online merchant | | | | Some affiliate marketing programs are two-tier |
| or retailer, who has products to sell, and his affiliates, | | | | programs, wherein the affiliate is also allowed to |
| who are willing to promote the merchant’s product | | | | recommend other affiliates to the merchant. In such |
| on their website. | | | | affiliate programs, the affiliate would not only be paid |
| In a typical affiliate marketing set up, the merchant | | | | for the traffic or sales that he would direct to the |
| provides his affiliates with banners and text ads that | | | | merchant’s site but also for the traffic or sales |
| links to his site. The affiliates will then get these ads | | | | directed by the affiliates who signed up with the |
| posted on their website and they get paid whenever | | | | program through his recommendation. |
| traffic or sales is directed to the merchant’s | | | | Yet another way of earning more profits with affiliate |
| website. Affiliates are often paid on commission | | | | marketing is through residual affiliate programs. |
| basis, although other online merchants would opt to | | | | Residual affiliate programs are affiliate programs |
| pay a fixed fee for the affiliate’s compensation. | | | | where the affiliate gets paid a number of times for as |
| | | | | long as the merchant keeps the customer the affiliate |
| Starting to make money online with affiliate marketing | | | | has referred to his site. One form of residual |
| is relatively quick and easy. All that one has to do is | | | | program gets the affiliate paid a commission every |
| to sign up as an affiliate for an online company that | | | | time the referred customer purchases something on |
| offers affiliate programs. An alternative method, and | | | | the merchant’s site. Another form of residual |
| usually an easier one, is to sign up as a member of an | | | | affiliate program gets the affiliate paid a percentage |
| affiliate network—a network that hosts a variety of | | | | every month for as long as the company keeps the |
| affiliate programs for different online merchants or | | | | referred customer. |
| retailers. Signing up is usually free, although other | | | | With a lot of options available and a lot of ways to |
| companies and networks may require you to pay a | | | | earn money, affiliate marketing is undoubtedly the most |
| particular fee. Such fees, however, are made as | | | | popular and the easiest way to make money by selling |
| payment for additional services that the company may | | | | other people’s products online. As to how much |
| render, like providing you with tools and assistance to | | | | money one can get from affiliate marketing actually |
| jumpstart your online business. | | | | depends on the affiliate. A dedicated and |
| When you sign up with an affiliate marketing program, | | | | hardworking affiliate would certainly get more from the |
| you are usually required to fill out a form containing | | | | program compared to those affiliates who would |
| information about yourself. Some affiliate programs | | | | simply sign up and forget about the program later. |