What is Affiliate Marketing and How Does It Work?
If your building a home based business there is a good chance you want to add affiliate marketing into your revenue streams. If you are trying to Figure Out what affiliate marketing is, allow me to give you an example. When you listen to the radio show you probably have heard an affiliate marketing spot. Do you recall one that the host prompts the listeners to visit a website and enter in an OFFER CODE or Discount Code? This is an example of using an affiliate link. Maybe you have seen somebody that is promoting a product or service. They specifically want you to use “their” website to purchase for a reason. That reason is because they are using an affiliate marketing link to make a sale. Probably the most common question I get is the following… Now are you starting to get a better idea of what is affiliate marketing?
The most common question is how to start affiliate marketing?
Let's take a look at this so we can start to see how YOU could really start to use affiliate marketing to earn extra revenue. In addition to asking the what is affiliate marketing question, many ask how to start affiliate marketing. The simple solution is outlined in a video that I have posted over HERE. You can also take a look at the video below where I show this same info. The video below was done directly for the audience over at Free Daily Coaching. You will get a bit extra with the video below. IF you want a more comprehensive overview take a look at some of my other material.
What is Affiliate Marketing?
To answer. What is affiliate marketing? Simply it is the ability for a company to leverage the marketing efforts of others to promote a product or service. In exchange the company rewards the affiliate marketing efforts based on performance. Many companies reward the affiliates in terms of financial payments. Some affiliate programs may reward it's affiliates with other benefits and features that I will discuss in another post.
So the basic steps look like finding a profitable affiliate marketing offer. Promoting the offer. Then collecting your compensation. The challenge is mainly in finding the right affiliate marketing offer. Although there are many options to finding the best affiliate marketing strategies. The one that has been the most rewarding for me was to simply Follow the directions of a proven system!
Take a look at the video below. Check out the affiliate marketing offers that I promote to earn some extra cash as well.
See you on the inside! I hope we answered the question of What is Affiliate Marketing for you today.
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