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Affiliate Marketing: What It Is
Affiliate marketing is different things to different people,
but essentially, affiliate marketing is the act of marketing
someone else’s products or services for a portion, or
commission, of each sale that you make.
Some people do affiliate marketing as their full time jobs.
That’s it. That’s all they do - they market other people’s
products or services, collect their commissions, and live their
lives as they wish. They do not have to deal with customer
service, shipping orders, or anything else. All they do is
promote other people’s products or services, everyday.
Other people use affiliate programs in conjunction with their
own products or services, using affiliate programs as front end
products, upsells, and back end products. For example, if you
had an information product about weight loss, you might want to
market exercise equipment, exercise clothing, vitamins, or
other items or services that are related to weight loss along
with your weight loss information product - to increase your
revenue.
Obviously you would not want to create these items, so you
would find these related products or services, and sign up for
the affiliate programs, allowing you to promote them. Some
people even low cost information products, such as ebooks, in
order to sell high ticket affiliate products or services.
Alternately, some people just use inexpensive affiliate
products to enhance their own high ticket products or
continuity programs, such as membership sites.
Some people are confused about what affiliate marketing
actually is. For instance, many people who have products and
offer affiliate programs for those products might say that they
sell their product through affiliate marketing. What they mean
is that they have affiliates who sell the product for them, but
they are actually merchants or affiliate managers, in affiliate
marketing terms.
But basically, affiliate marketing is selling someone else’s
products or services through various means, for various reasons
- either to earn an income, to enhance a product, or even to
sell an additional product. In fact, many people use low end
affiliate products as lead ins, or entry level products, for
higher end affiliate products - never actually creating or
promoting a product or service of their own.
Is money being made? You better believe there is! If you
include all products and services that are sold through
affiliates, affiliate marketing is essentially a billion dollar
industry, even though it isn’t technically considered an
industry in its own right. Many people don’t even consider it a
career, but they are mistaken.
Right now, at this very moment, there are thousands of
affiliate marketers that you have never even heard of quietly
promoting affiliate products and collecting huge commission
checks every month. Why haven’t you heard of them? You haven’t
heard of them because they are not in the Internet Marketing
products market. They are in other ‘consumer’ niches, such as
weight loss, healthcare, sports, gambling, education, financial
products, etc.
Now, if you have an active interest in those things, or any
other conceivable thing, you have probably searched for
information or products related to your interest on the
Internet. If this is the case, you have most likely come into
contact with an affiliate marketer, without even being aware of
it. You may have even purchased a product through an affiliate
marketer without ever knowing it.
Even Google has an affiliate program. That’s what Google
AdSense is all about. It’s an affiliate program, but it isn’t
technically called that. EBay has an affiliate program, as does
Microsoft. There is an affiliate program available for just
about any product that you can imagine, but not all ‘brands’
have affiliate programs - which of course is their mistake.
Affiliate marketing presents a win-win-win situation. The owner
or maker of the product being sold is making money. The
affiliate marketer is making money, and the customer is getting
what they want or need. Everybody wins. Affiliate marketing has
been around longer than you think it has as well.
Many people think that affiliate marketing started sometime
after the Internet came into existence. This is wrong. Amway,
Avon, Mary Kay - all of these are essentially affiliate
programs, but the people who were actually doing the affiliate
marketing were called distributors or representatives - and
they are still called distributors or representatives to this
day.
Affiliate marketing can even entail network marketing.
Affiliate marketing is the act of selling a product for a
commission. Network marketing also involves selling a product
for a commission, but also focuses on bringing other resellers
(or affiliate marketers, distributors or representatives) into
the program as well. Sometimes, however, affiliate marketing
also allows and encourages you to bring other affiliate
marketers into the program.
Again, affiliate marketing is different things to different
people, but the goal is the same - to make money. Affiliate
marketing offers you the opportunity and ability to make money
without creating a product of your own.
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