Affiliate marketing may be one of the easiest, and most effective, online business opportunities of today. Affiliate marketing is an agreement between a merchant and a website owner, or affiliate. The premise is simple – the affiliate promotes the merchant’s products on their site, linking to the merchant’s website. In exchange the merchant pays the affiliate a commission on all sales generated from their lead.
As a website owner, you may choose to become an affiliate to supplement your sales income with an affiliate commission, or choose to focus your online activities exclusively on affiliate marketing – here are some of the benefits:
As an affiliate, you make a ‘sale’ when a customer clicks on an advert or link, leading them to the merchant’s site, where they make a purchase. For example, as an Amazon affiliate you will make a commission if a visitor to your site clicks through to Amazon and buys a book! The more referrals made, the greater the profit for the affiliate.
No Start-up Costs
Affiliate programs are usually free to join, so affiliates do not have to consider paying any start-up costs.
No Production Costs
While, as an affiliate, the onus of generating prospect leads for the merchant lies with you, the merchant is entirely responsible for any production costs. The merchant develops, tests and produces the product / service, meaning the affiliate does not need to outlay any money on production.
As an affiliate marketer, if the product you’re advertising is not performing then you have the ability to drop it and choose to advertise another product, or merchant. There are no contracts binding you to merchants that aren’t making you any profit!
Range of Affiliate Marketing Programs
There are thousands of affiliate marketing programs available online. Choose advertisers that are relevant to your website, or that will enable you to target the greatest number of prospective customers, to make the most profit.
To really capitalize on an affiliate partnership you will need to work at generating leads and attracting customers who will click through to the merchant’s website and make a purchase. Targeting the audience who are most likely to buy from your website advertising is critical if you want to maximise your sales revenue!
ineedhits has both an affiliate program and an SEO Wizard reseller program that offer you the chance to earn commission without lifting a finger!