INTRODUCTION: WHAT IS AFFILIATE MARKETING?
Welcome to “Internet Marketing Secrets for Newbiesâ€. In this video series and accompanying ebook, I am going to be sharing with you the amazing world of affiliate marketing. I will be taking you stepâ€byâ€step through the process of beginning affiliate marketing, selecting a product to promote, setting up a basic website blog, and promoting your site. Let’s go ahead and get started with a basic discussion on affiliate marketing.
Wikipedia defines affiliate marketing as “A method of promoting web businesses where an affiliate is rewarded for every sale through their effortsâ€. Now the good news is that just about anything that you can find on the internet, has an opportunity for affiliate marketing.
Let’s say, for example, that I have a website that I created to simply share some tidbits about dog training. I started it just for fun and over time have built up quite a nice little site. There are people coming there every day because they want to learn more about dog training. How great would it be if I could advertise a product to them, simply by creating a basic ad, and every time a visitor clicked on the ad, and made a purchase through my link, I would get credited for the sale!
Initially I dismissed the concept of affiliate marketing. I think it was because I didn’t feel like going through all of the trouble of selling something when I was only going to get like a 5% commission on the sale. Boy, was I wrong!
It is not uncommon to find affiliate products where you will get to keep over 50% of the sale!
Take, for example, that dog website I shared with you. There is a dog training program on clickbank that pays you 75% of each sale that you make. This means that if a customer buys a product that costs $40, you would get $30 of that. Isn’t that incredible?
WHY AFFILIATE MARKETING IS AWESOME
Before we go any further, I would like to talk about the basic advantages of affiliate marketing: Why Affiliate Marketing is AWESOME!
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