Sunday, January 31, 2010

Making Money On the Internet With Affiliate Marketing

Affiliate marketing is a system of make money on the internet by selling someone else products or services and getting paid a percentage for each sale. If you own a product or service, you can build your own team of affiliates to help sell them for you, and you would pay your affiliates for their help. As an affiliate you can also make money by placing advertisements on your website or relevant article content with the purpose to send traffic to the advertiser. The affiliate receives money or a percentage of money based on how much traffic he or she sends in the other site owner's direction.

Making money online by cash gifting way of affiliate marketing has been gaining in popularity and shows no signs of slowing down. If you want to make affiliate marketing work for you, then provide enough incentives for your affiliates to encourage and support them in their hard work and consistent efforts. The search optimization firms you hire as well as those who work in the advertising department are important but so are the affiliates so figure out how you can pay them as high a commission as possible because they deserve it.

Affiliate marketing is a way of using one website to bring focus and attention to another and studies show that it does work. It is important for affiliate managers to always put their most creative foot forward by showing plenty of ingenuity when it comes to how they promote the websites that are part of their affiliate marketing campaign. Banners, buttons and web links are all fine and work great but it is important to think outside of the box in order to drive more traffic to a site.

There are basically two types.
Basic Resale Right: which gives you the right to resell the product. When one of your customers buys this product, he owns the product for his personal use.

Master Resale Right: which gives you the right to resell the product as well as to sell the resale rights for the product. When one of your customers buys it, he owns this product and at the same time he can also sell the right to resell the product to his own customers.

Having resale rights to a product can give you an edge over others but more importantly it may present you with a good strategy when you offer it in addition to another product that you are promoting. An example would be to give away a free e-book or sell at a discounted price, if customers purchase your main product.

My recommendation is to sell or promote affiliate products. I would recommend visiting each affiliate network before you make a decision. It may be easier to just focus on one affiliate network and few products so that you do not overwhelm yourself in the beginning.

There are several options for locating affiliate products to sell. One of the best places to look for affiliate products is a site called Clickbank. I highly recommend it as one of your options to make online profits and their commission rates on average run anywhere from 10% -75% per each sale made.