What Is Affiliate Marketing And How You Could Start As Fast As Today?

Affiliate marketing is a type of online business whereby you refer people to a merchant site and you’ll earn the commission when the people referred by you make the product purchase.

You as the referring party is known as affiliate.

The commission rate varies from merchant to merchant and depending on the products you’re promoting.

Generally, physical products are having lower commission rate.

It is mainly due to high overhead cost and lower profit margin that the merchants have to bear for those products.

If you’re hoping for bigger slice of the commission for your affiliate marketing business, then go for digital products.

Because digital products such as ebook, membership, training don’t have high cost to produce, the vendors can afford to pay you more.

How To Become An Affiliate?

For the merchants that have affiliate programs, you can sign-up as an affiliate and you’ll be given an unique affiliate link after successful registration.

Most affiliate programs would have your application approved immediately but there are some would require longer time for review process.

After you’ve gotten your affiliate link, your job is to promote it.

You’ll be rewarded with financial reward whenever there is sales generated from merchant site through your affiliate link.

For physical products, Amazon is one of the best place to join as an affiliate.

While for digital products, you can opt for either Clickbank or JVZoo marketplace. These 2 are the reputable ones.

Benefits Of Affiliate Marketing

With affiliate marketing, you’ll have a clone copy of your merchant’s website which is directed by your unique link.

So as to speak, you don’t have to spend time learning how to create a website or hiring others to do it.

This has cut down the amount of time required for you to start your own business.

Basically, you can start an affiliate marketing business as fast as today.

Having a high converting website is critical for an online business success.

If the merchant’s website is proven to be high converting one, you’ll have one less thing to worry because most likely you can generate sales more easily when driving the right audience to it.

You also don’t have to buy any inventory upfront when you’re in the affiliate marketing business.

Thus, you can save yourself from the financial risk of purchasing products that might lack of market demand.