Before you really step into the world of Affiliate Marketing, understand the language use in Affiliate Marketing the first step in your affiliate business learning curve.
Here we go……
AFFILIATE : Someone who earns a commission for sending clicks, leads, or sales to a merchant.
AFFILIATE AGREEMENT : A contractual document, usually executed electronically, between an affiliate and a merchant. Includes terms and conditions of the relationship. Legally binding.
AFFILIATE LINK : Code that sends your customer to a merchant’s sales page. The code can either be an HTML link or be part of a graphic (such as a banner). The code identifies you as the affiliate who should be credited for the click or the sale.
AFFILIATE PROGRAM : A business model that pays a commission to someone who sends leads, clicks, or sales to a merchants via a link (text or graphic) on a web site.
You will get pay when the traffic (visitors) you bring in takes the ‘action’ of buying or subscribing something on a particular website. In a simple term, the action we mean here are,
Action#1 : ‘Pay Per Lead’ – Generate of new lead (potential customer or subscriber)
Action#2 : ‘Pay Per Sale’ – Generate of sales for a product
Let’s discover both affiliate marketing model one by one. You may choose the one which suit you most or just grab these two streams of internet income into your pocket
Let’s take the simplest way to understand both Pay Per Lead affiliate program and Pay Per Sale affiliate program……
Let’s continue with Affiliate Marketing Part 2: The Golden Rules.
This is the part which most of the affiliate marketer will miss out. But for me these are the KEYS of success in Affiliate Marketing, so I called it as “The Golden Rules in Affiliate Marketing“.
All games start with RULES, understand the rules is the earliest stage for every games. Well, take your Affiliate Business as a games. In this affiliate games we enjoy and have fun through the process, and the reward from this games is your Big Money in your bank account.
Install these Golden Rules of Affiliate Marketing in you brain now….
For any affiliate products you promote, TAKE IT AS YOUR OWN PRODUCT. ( Your affiliate product = Your Product; Your product = Your affiliate product)
You are not just a promoter which promote . YOU ARE IN THE BUSINESS. YOU TAKE ONWERSHIP by promoting that product as whole-heartedly as you would if you were the merchant or copyright holder. (If you take it serois like your own business, then only you will get the GREAT result.)
Promote it in the RIGHT WAYS. Spam will burn your business and your future.
Make sure you always keep these 3 Golden Rules of Affiliate Marketing in your mind, make it permanently installed in your mind. ok? :-)
Let’s discover the type of Affiliate Marketing, and how you earn from Affiliate Marketing Business in my next post. c u then…
For my opinion, the Best Online Money Making Business Model for a newbie still Affiliate Marketing.
Affiliate Marketing is the Best & No.1 way for a new internet marketer to get started.
Why do I say so? The beauty of Affiliate Marketing are……
1.You can steal people idea to run your own business. ( Don’t worry, the onwers are happy to share their great idea with you.)
2.There is no inventory. No matter you are selling a phisycal product or a non-physical product like e-book there are no doubt of manage your inventory.
3.No doubt of producing or ordering products. (All products are ready for you to sell.)
4.No hassle with payment processors. (Just waiting for your pay cheque.)
5.No hassle with refunds or returns of products sold.
6.The BEST way for you to test, implement & practice all the profitable marketing strategies online. This will bring success in any others online business you pursue in future. (You don’t take any risk.)
…continue with Part 2 :The Golden Rules in Affiliate Marketing.
