You have no doubt heard of affiliate programs? This is a form of Internet advertising that rewards the program affiliates for driving traffic to the seller/advertiser or for other transactions. The advertiser in effect pays the affiliate to place a link on their website, and thus the affiliate sends traffic to the advertiser. To put this very simply, it’s about paying out commissions to affiliates/people who help you make sales.
Sounds too simple? Well, you are right!
Affiliate marketing has its good points and its bad ones. It could really damage your wallet if you are not armed with updated information and the technical know-how. But today we are hear to pass over some useful information, we are not out to condemn affiliate marketing.
So why is it that internet marketers get so excited over affiliate marketing? Here are some of the reasons:
Here are the following reasons on why web marketers go gaga over affiliate marketing as a form of Internet advertisement.
1. It is a low cost
Unlike starting a business whether that be from home or in premises, you do not need a lot of capital. Affiliate marketing allows you to make money without a vast outlay or expenses.
2. You do not have to hold inventory
Once again reducing your investment and requiring no storage facilities! The product creator holds any stock and delivers it!
3. You can leverage your income
Unlike your paid job where you get paid to attend and works the hours set. The affiliate product vendor passes over marketing materials to the affiliates, e.g. photographs, advertising copy and lets the affiliates get on with it. Once the vendor has put everything in position he can then sit back, or move on to his next product.
4. It’s a worldwide market
The power of the internet expanding all over the world means global marketing! As a vendor you can have affiliates anywhere in the world, which is beneficial for them and you. Give them the tools and let them send a steady stream of buyers to your offer.
5. It’s low risk
One major advantage of affiliate marketing is that it is low risk! If you have low funds, and little available spend for advertising, then affiliate marketing is the way to go.
6. Open all hours
With affiliate marketing, a worldwide market is being targeted every single second of the day! Imagine the opportunities that opens up! Get the right product all set, with the right marketing tools in place for your affiliates, together with a squeeze page and great website, and you are ready to roll and make money! But get everything in place or it could go horribly wrong.