What exactly is affiliate marketing? Some of you may have heard of it and have an inkling of what it is, and some of you might have no idea at all.
Well, imagine you are an owner of a product, and you want to sell your product online. So you put up a website and start generating a modest amount of traffic and pick up a few sales now and then. But you want to sell more of your product and make more money online. How would you do it?
You get other people to promote your product! You entice other website owners (webmasters) to promote your product, and in return, you pay them a commission for every sale of your product made through their website.
So you, as the owner of a product, gets more exposure for your product (since other webmasters are promoting it for you), and the affiliate (for example, me), make money anytime someone buys your product from my website. So, it is basically a win-win situation for both you and me.
Affiliate marketing offers many advantages: if you already have a website and want to make money from it, just find products to promote through your website. You do not have to worry about stock keeping, order fulfillment, shipping and handling, and so on, because the product owner takes care all of that. All you have to do is to promote your website, or if you do not have a website, promote the product through other means (like email, post ads). Not a bad idea for an online business right?
(To receive a free website, you may want to check this out)