Do you ever see those ads that tell you how you can make hundreds of dollars every day without even leaving your home?
We’ve all noticed them and I’m sure we all know that most of them are scams. However, you have probably heard of people taking about online affiliate marketing. You are probably wondering ‘what is affiliate marketing?’ and does it really work?
Luckily for you, we have compiled this short guide to show you what affiliate marketing is, how it works and we will also explore if you can make money online as an affiliate or not.
What is affiliate marketing?
Internet affiliate marketing is easy to explain.
Essentially you are selling other people’s products. When you sign up to one of the main affiliate marketing programs out there then you can choose from a host of products to promote.
You get a special link that is unique to you. When someone clicks on that link and buys whatever product and service that you are promoting then you get a commission. You can promote this link through a variety of means from creating a blog, landing page, online ads, email marketing and most affiliate marketers use a combination of all of these.
Does affiliate marketing really make money?
The short answer to this question is yes but the longer answer is that it depends!
Many affiliate marketers make a lot of money every day, week, month and year, however, did you know that 95% of marketers actually fail? This is due to a range of factors including a niche that is saturated or there is no money making potential, the mistake in their marketing efforts or they just give up too soon.
It can take a while to make your first sale as an affiliate.
How to make money as an affiliate
The great thing about affiliate marketing is that there is a step by step process to set up your business.
You choose a niche that you can generate income with, create a plan for your promotion efforts and then put it into action. The reality is that this is a much more complicated process than we can go into here and even if you do everything you should there is still no guarantee that you will make money.