If you don't know, online affiliate marketing is all about promoting other people's products or services. You can for instance advertise a product on your site or blog. Once someone purchases that product from your promotion, you will obtain a piece of the sales amount. That part can be anyplace from 2% to 75% of the price, based on the category of product.
What you can do to promote a product, is for instance to make up a evaluation page on your website or blog describing that item and its features and how it can help the reader. Next you put in an affiliate link that takes the reader to the sales page of that product (if he clicks on the link). If he purchases the item on the sales page, you get credited a portion of the earnings.
The merchant (advertiser) will as a rule provide you with marketing material to put on your website, like text links, promotion banners, and more. After a sale is ended you will be credited for your part of the revenue, which is fixed in advance. For high label items it can be as low as 2%, while for digital downloads like ebooks and software your cut can be as high as 75% of the product's value.
Affiliate earnings are paid different methods. Some vendors conduct all payment themselves, and those normally pay every two weeks or once a month. Some use third party systems to take care of the payment, like PayPal and ClickBank. With PayPal you'll get your money straight into your account immediately, whereas ClickBank sends you a paper check as soon as you have made $100. Both are sound and dependable money services.
There are loads of advantages with online affiliate marketing compared to selling your own items. You don't need a storage room or to keep supply; you don't even need your own product. There is no treatment and shipping of stuff on your side, and no coping with shoppers. You just do the marketing of a product, and the vendor handles every part of the sales matters, and pays you after a transaction is completed.
So, online affiliate marketing is extremely comfortable and hasslefree to do. There are 1000's of companies that would like you to market their items, and many of them have their own affiliate programs that make it easy for you to do the selling. They will supply you with affiliate links and supplementary promoting stuff. In most cases it's as straightforward as copy and paste a link or a small piece of code onto your site or blog.
If you don't know where to get stuff to promote, you can do a Google search for a product or product type you would like to "sell". Visit the websites for stuff of interest and look for a link saying "Affiliate". It can be located on the navigation bar, or in the footer. Click on it, and you will be brought to a page that outlines how you can become an affiliate.
Another, simpler strategy to locate affiliate products, is to employ online affiliate marketing services, or agencies. The largest and simplest to utilize of these companies is ClickBank.com, which offers 1000's of items that anybody can market. First you will sign up for an account with them (it's free), then you can market any of their many items. ClickBank takes care of everything, including gathering your affiliate earnings and mailing you paper checks.
Another decent and dependable affiliate service is CommissionJunction.com. Whereas ClickBank supply only digital downloadable stuff, CJ holds all sorts of products which you can promote. But, CJ isn't as straightforward to use as ClickBank, as you will need to sign up with the merchant of the item you want to promote. CommissionJunction takes in the affiliate cash for you, though.
Online affiliate marketing is one of the simplest, quickest and most hasslefree methods to start off making cash on the web. It's best to perform the "advertising" of affiliate stuff from a website or blog, so if you don't have one of the kind yet, your first action must be to start one.