Sunday, November 29, 2009

Affiliate Marketing

What is affiliate marketing? In simple words, Affiliate Marketing is a partnership between you and the product manufacturer or the webmaster whose affiliate you are. In this partnership, you are supposed to drive traffic to his site, and when some body buys a product from that webmasters website, you will get rewards.

The reward is typically called Affiliate Commission. An affiliate commission can be as low as 5% and as high as 80%, depending on how much the webmaster is willing to give you.

This is the best form of making money online, because it does not cost you any thing at all. You don't need to spend a single penny. The top affiliates can earn millions per month, while any affiliate who has traffic on his site can make a reasonable earning from it.
Here are few affiliate marketing ideas:-
  1. Lead Generation – Generate leads on the website and sell them to prospects.
  2. Commissions for Actions – You are being paid every time an action is completed e.g. email newsletter sign up, trial sign-up, survey etc. for example selling some ebook.
  3. Commission For Events Promotion – promote events in your industry in exchange for a commission on ticket sales. Approach any event organizer
  4. Commissions for Sales – you get paid a fixed commission or percentage share of sales value.

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