Free Download Beginner's Guide to Affiliate Marketing : Launch Your Business In 1 day by B. N. MAINA
English | January 18, 2024 | ISBN: N/A | ASIN: B0CSTBMWVB | EPUB | 1.25 Mb
What is affiliate marketing? This is an advertising model in which companies' partner and compensate third party sellers also referred to as affiliates to generate traffic or leads to the company's services and products.
Who is an affiliate? This is the third-party
Publisher who could be the owner of multiple websites or email marketing lists. As an affiliate, the more websites or email lists you have, the wider its network, the more the compensation.How does it work? The affiliate searches for products and services in the market they enjoy, then promote those products or services, and earn a piece of the profit from each sale they make. As an affiliate, you put links in your posts or website that redirect buyers to another site. And every time someone buys something from that site after clicking through your link, you earn a commission. So, it's a great way to make some extra cash with minimal effort involved.
According to one report, the total sales amount generated through affiliate networks in 2006 was £2.16 billion in the United Kingdom alone while affiliates worldwide earned US$6.5 billion in bounty and commissions from a variety of sources across the industry.
Affiliate marketing is a great way to earn passive income without having to develop your own products or offer your own services to generate additional income from products that complement what you already have to offer.
As an affiliate marketer in most cases, you are paid on performance, meaning that the merchant will only pay for each converted sale.This however varies depending on which compensation model the company is running.
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