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Affiliate marketing is a form of marketing where you promote someone else’s product and you get a commission on the sale. You don’t need to buy the product, stock it or provide any after sales support.
2) How does affiliate marketing work?
Step-1: You join an affiliate network.
Step-2: You pick up an offer that you would like to promote. It could be any online product or service. It can be referring people to fill a form on a dating website (like shaadi.com), or recommending them an online store to buy t-shirts from. There are thousands of such offers to promote across the globe.
Step-3: Once you choose an offer to promote, you will be provided with a
unique link to that offer. You will be able to use this link to promote
the selected offer.(You do not need to know the technical details to
special software, since it is included by default in the affiliate
program.)
Step-4: When anyone visits the offer through your unique link and
completes the desired action (like filling a form or buying something),
you’ll be paid a commission.
Step-5: Your commissions will keep accumulating in the affiliate network
you have joined. You can get paid from the affiliate networks on a
weekly or monthly basis.
The above diagram will help you understand how affiliate marketing works.
Now that you have got a basic idea about affiliate marketing, I’ll
continue from here and go into details like which affiliate networks to
join, which offers you can promote, how to promote etc.
I hope you can see the potential of how much money you can make from affiliate marketing. Does this excite you?
You do not have to join any affiliate program right now. The above
information is given so that you understand the basics of affiliate
marketing. Search for "Affiliate Marketing" online and read more on the
same for self understanding. But do Not join any affiliate programs at
this point of time.
For joining affiliate you must be having blog or Website of your own.
