How To Make Money Online With Affiliate Marketing

Affiliate Marketing

People that make money online with affiliate marketing earn some of the highest paying net salaries.

The affiliate marketing model is what most “work at home” newcomers to Internet marketing start off with, and for good reason.  You can make money very quickly.

First of all let’s define what affiliate marketing is all about.

An advertiser is a company who sells their product or service on or off line, in return for payment from their customers.

In order to facilitate the sales of their products, advertisers frequently set up affiliate programs.

When an advertiser has an affiliate program, they allow affiliates to market their product or service for a commission of the sale.

Affiliate marketing is when you get paid a commission on the sale of the products or services that you have recommended online.

Most of the people who make money online with affiliate marketing fit into four similar yet distinct categories.

• Beginner Marketing
• Niche Marketing
• Expert Marketing
• Entrepreneurial Marketing

Beginner Marketing

Beginner affiliate marketing is normally what is taught by most of the online marketing courses, tutorials and mentoring programs.

Affiliate marketers are first taught how to find the latest hot product or service online, regardless their affiliation to the product’s creator, and then find potential buyers to promote their products to.

PPC (Pay Per Click) advertising, blogging, video creation, forum postings, email signatures, banner ads, reviews and other types of promotional strategies are taught to get people to purchase the affiliate product.

Since the potential buyers never know the real identity of the affiliate marketer, this affiliate marketing model is also known as anonymous marketing.

Niche Marketing

Niche marketing is the quickest way to become a successful affiliate marketer online.

The idea is to find and target a small market which you can dominate that has relatively little competition, yet enjoys a high volume of Internet searches.

Choose a specific topic, preferably one that you know well and focus your all your attention on this particular niche.

Do some research to find affiliate products that help people solve a particular set of problems within the niche.

Focus your first websites or blogs on identifying market niches and providing products or services to accommodate the needs of those prospects.

Although you can be an anonymous affiliate marketer, you will achieve better results when there is a face behind your promotions.

Don’t fall into the trap of trying to compete with Amazon for book sales.  Instead concentrate on a specific niche such as ancient coin collecting or creating stained glass suncatchers.

By focusing your website and your affiliate marketing efforts on a small segment of the market that is  not already dominated, you can make huge net salaries.

The most important thing you can do to become a successful affiliate marketer is to devote enough time to research a good niche market.

Expert Marketing

Expert affiliate marketers leverage their expert credentials into focused recommendations for their existing and potential customers.

As an established expert affiliate marketer, most expert affiliates create their own products to market alongside with the products and services they already recommend.

Expert affiliates usually promote their own products as an add on or as a supplement to an existing product to better serve their customers.

The main difference from the first two categories is that because you are already recognized as an expert affiliate marketer, your recommendations have more authority and credibility.

Entrepreneur Marketing

Real entrepreneurs set up their own affiliate networks and have affiliates promote their own products and services.

By simply setting up an online payment system and connecting it to affiliate tracking software, you can offer your services online and have people around the world serving as your commissioned sales force.

Other than the cost of the tracking software, this strategy has no up front costs.  Your affiliates get paid only when they make a sale.

Most of the people who make money online with affiliate marketing do so because it can be done quickly, easily, without the necessity of a website and with no monetary outlay.