Grandma Learns Internet Marketing Rotating Header Image

online money maker

Affiliate Marketing

Affiliate Marketing – An Online Money Maker

To receive a commission from selling products that belong to someone else is one of the easier ways to make money online. For Seniors learning the Internet Marketing business it is a great starting point. This way to market products is not a new idea. Long before the internet people were selling other people’s products. Many Senior Internet Marketers come from a background of selling in the wholesale and retail trade. The Internet was a bit slower to pick up on the idea of offering commissions to others to sell products.

1990 saw the beginning of the computer to be used as a way to communicate with one another. The birth of the World Wide Webb has changed our world in ways we could not have imagined. It was four years after this first beginning that commissioned sales were used to market products. The adult business, that frequently is a leader in sales techniques, was the first to offer affiliate marketing opportunities. Shortly thereafter CDNow, the online music store, followed suit and was the firs non-adult business to offer commissions for sales of its products.

The giant of the industry Amazon began their Affiliate Program in 1996 and look at how that has grown.

This method of making sales and earning commissions is an extremely easy concept. As the affiliate you describe and show the product on your website or in a newsletter and if someone clicks through to the third party and buys you are paid a commission. The amount of money that you collect varies from product to product. It can be a small percent all the way up to 100% of the sales price. In many cases the more items from a particular supplier you sell the larger the percentage.

Vendors that are willing to pay 100% commissions are usually looking for long time relationships with the customer and are willing to sacrifice to get them on their list.

Affiliate marketing can go under many different names: associate marketing, partners programs, joint ventures and revenue sharing. There are many programs where you just sign up but others where you must be pre-approved. Other programs are only accessible to consumers who have purchased the program or goods.

Many companies run their own associates programs and affiliates can deal directly with them. For the majority of products companies will use affiliate management companies. For downloadable products the major company is Clickbank while for many products companies have chosen Commission Junction.

There are good things and bad things to all these affiliate programs. ClickBank, has completely streamlined their program. You register with them which is very straight forward and has no cost. They will assign you an id or affiliate link. You pick a product and when the code is produced for it your id will be in the code. Commissions are very generous usually 50% and 75%. From a marketers point of view the con to Clickbank is its readiness to refund on the purchase and nobody is certain how well they track the sales. That not with standing many online marketers have made considerable money selling the Clickbank products.

Some examples of great products to promote from Clickbank are:

If you prefer to sell real products from retailers then Commission Junction is a great option. From an extensive selection of products it is easy to find something to interest you. At CJ you must apply to each company separately and be approved on an individual bases.

To start off you must apply to Commission Junction to become a member. Then when you pick a product you apply to the company that produces the product. You can be denied access to products with no explanation as to why.

The idea at Commission Junction is to sell many many items and in return they offer smaller commissions. They work on the theory increase your sales and you will make money.

There are thousands of products on CJ in various niches.
If you are interested in developing a golf site here is a list of products to promote:

In the Internet Marketing Field:

I also happen to like Linkshare. Similar to Commission Junction there are thousands of products to promote. One of the great products is CheapOair Super Combo Offer – Save up up 65% on all Flights – Hotels – Car Rentals. Book Now! Offer Valid till Dec 31, 2010. that has the lowest flight prices online.

With Amazon’s Associate Program that they run themselves it is easy to sign up. There is no cost to joining this program and they too operate their commissions on the number of items that you sell. It is 4 to 5% to begin with then if you sell more it will go as high as 7%. The con to the program is every month you start at the lower rate again.

The pro to the Amazon program is that once someone has clicked through to their site for one product they are very good at interesting the customer in something else. This way you make a commission on something that you have not promoted. You are paid on the value of the total sale for that transaction.

Some sales programs promote products with residual commissions that are paid over and over again. An example of this is a membership site where you would receive a commission for as long as your referral stays a member. This provides you with a recurring income that can add up and it makes for a nice steady pay day for a long time.

From your website that has many visitors, or your blog or newsletter to your mailing list or anywhere that you have established trust, you are able to make a nice revenue from promoting third party products. You don’t have to own the inventory, write sales letters, service customers or face all the headaches that product owners and vendors have to endure.

Affiliate marketing is one of the easier ways to make money online.. To earn the commissions you review and suggest, or you advertise on your site and then monitor the click throughs and collect the paycheck. For Senior Internet marketers this is a great way to start with no outlay of cash and a possible return very quickly.

Related Posts:

Rss Feed Tweeter button Facebook button Technorati button Reddit button Myspace button Linkedin button Webonews button Delicious button Digg button Flickr button Stumbleupon button Newsvine button Youtube button
Get Adobe Flash player