What Is Affiliate Marketing?
This is the easiest explanation I know for you to understand what affiliate marketing is.
A system of advertising in which site A (you) agrees to feature buttons from site B (them), and site A (you) gets a percentage of any sales generated for site B (them).
Another well known example:
Affiliate Marketing is a widespread method of promoting a website, in which an affiliate is rewarded for every visitor, subscriber and/or customer provided through his efforts. It is a modern variation of the practice of paying finder’s-fees to individuals who introduce new clients to a business. Compensation may be made based on a certain value for each visit (Pay-per-click), registrant (Pay-per-lead), or a commission for each customer or sale (Pay-per-Sale).
How can I learn how to implement affiliate marketing into my business?
There are various ways to learn, it all depends on your preferred method of study.
- When you sign up for Affiliate Tips, you’ll receive a series of affiliate marketing emails tips in your inbox. It’s free to sign up here. While this isn’t actually a study guide, it will empower you with simple details of affiliate marketing.
- This next recommendation is more of a classroom style setting. Affiliate Classroom. I highly recommend this because you can ask questions and receive one-on-one support. There is even a $1 trial to try it out and if you decide you don’t want it, all you have to do is cancel. In any event, I encourage you to download the free Affiliate Classroom Magazine here.
- The Super Affiliate Handbook by Rosalind Gardner. This is, in my opinion, the most popular guide on Affiliate Marketing. While it isn’t a classroom setting, this guide will empower you step by step with setting up an plan of action including how and where to choose affiliates in your quest for a successful affiliate strategy. This affordably priced handbook is available here.