What Is An Affiliate Program? Learn The Secrets Of Passive Income
If you would like to make a living online, or just make a few bucks here and there, you will need to know what is an affiliate program.
Anyone from a sales or marketing background will understand the concept of affiliation.
And I think it not too big of a leap for the rest of us to pick up readily.
An affiliate program is a system where a company or vendor that creates a product pays ‘affiliates’ to sell and to market this product.
If you think of someone, who invents a device but does not have any time to market or sell.
They may well employ the services of another company.
Or pay individuals a percentage of profits made to do the marketing and selling of the invention.
This is the best way to answer what is an affiliate program.
More importantly, there are as many variations as there are products.
What Is An Affiliate Program? The Basics Answered
In the most basic format, as an online marketer, you affiliate with a company by signing up to their affiliate program on their website.
Alternatively, you can use a 3rd party, and promote their product on your website.
Or it can be done through paid advertisements, and you get paid for clicks or views. Simple.
How To Join An Affiliate Program
Now you know the answer to, ‘What is affiliate marketing?’
You ought to be asking, ‘How do I get into affiliate marketing? ‘
And the answer is just as simple.
In precisely the same way so many people started, myself included; with ClickBank.
ClickBank is the affiliate marketplace anywhere.
Thousands of vendors pay Clickbank to host their affiliate strategies, and most will let you promote their products without application.
The possibilities are endless.
With a Clickbank account and you can market products like Dog Training, Marketing Training, and Heartburn Remedies.
This is the reason that so many people use it is it’s simple.
You join, view the product you want to market, stick it on your website and get your affiliate link.
Of course, you need buyers, but this is the basic overview.
Advantages of the ClickBank Affiliate Program
Here are the common benefits to Clickbank, apart from the sheer simplicity of use:
- Regular payments. And you know you’ll get paid.
- They can pay direct into your bank account – No sitting around waiting for tests.
- A multitude of products.
- Clickbank’s no questions asked money back guarantee adds hope to any transaction.
- They are getting stricter on bad products.
- The commission rates are good, mostly.
Disadvantages of Affiliate Programs
It’s not all rainbows, puppies, and kittens.
However, there are a few downsides of affiliate programs such as ClickBank.
On the contrary, I am not meaning to scare you off, but I like to be honest.
Clickbank has a low reputation with a few expert marketers that are online.
Now it is unfounded as ClickBank is reputable and did a lot to clean themselves up.
In the past, they had some junk products on their books, but they have taken steps to fight that.
You have to wait to reach the threshold before you get your first payout.
In addition, sometimes the products do not work on some customers computers.
So you will get some people asking you for assistance to make it work.
However, there’s enough to pick from so that shouldn’t be an issue.
In summary, I use a lot, Clickbank, and it ‘s made me plenty of money in the past.
Hence, I see no reason it shouldn’t do the same for you.
Using An Affiliate Program As a Vendor
On the other hand, you’re the individual with a product sell it can make a lot of money for you.
Personally, I use WarriorPlus to host and sell my digital training.
The benefit is you can get other affiliates to promote it for you.
And you want people to sell it for you if you would like income in your sleep.
Affiliate programs such as WarriorPlus and ClickBank have made it easy.
You just need to agree on the selling price, the commission you will pay affiliates and your refund policy.
Furthermore, you will need to create your product and set up a sales page for people to see….
Passive income at its finest.
As a heads up there can be a one time fee if you are selling as a vendor.
Alternative Affiliate Programs
Now that you have an overview of what is an affiliate program there are hundreds of other affiliate programs around if you don’t like Clickbank.
A few of these are awesome and worth checking out.
Here are a few examples:
- Cash Network
A Simple Affiliate Program For Your Website
When you’re deciding how to monetize your website, make sure that you ‘ve weighed up all of your options.
While I still think that AdSense is the easiest way to make money on a website.
Affiliate marketing with AdSense is a simple strategy.
Your options are incredible and the benefits huge:
- Your income is limitless.
- You’re only bound by time and promotion you can do.
- You don’t need bricks and mortar business.
- Affiliates can do this on a computer at your home.
- You write your ticket once you learn the skills.
Watch Out For The Traps
Marketing is exciting.
Why doesn’t everyone learn what is an affiliate program and jump in and make a lot of money then?
A very simple question to answer.
Because it’s not straightforward.
As a result, the capacity to earn a whole lot of money is great, but it requires dedication and hard work.
And you don’t succeed without some effort.
It is reported that an offline business takes two years to begin breaking even.
Whereas, in affiliate marketing, you can break in your first month.
But here’s what people do, and will fall into at least one of these traps:
- They invest a large amount of time reading up about how to make money online
- They probably fall for a lot of the BS surrounding the business
- Newbies may well spend thousands or hundreds of dollars on ‘how to’ guides
- Newbies jump from idea to idea, from project to project, not committing to one thing that is sensible long enough to succeed
- After a few weeks, a few months or a few days they quit
Now that you are aware of this you can make a change for success.
Furthermore, those that carry on going stick in and try and try again are the real winners.
You don’t have to be perfect at it, just don’t give up and work on improving each day instead.
For that reason, think of it this way, when you’re learning to drive you don’t start the car a few times and then abandon driving if it’s difficult.
Finally, successful businessmen (and women) don’t try a business out for two months and then shut it down whenever they’re not making tremendous profits.
In conclusion, to really understand what is an affiliate program you have to be productive and join a program.
The affiliate marketing successes are only seen by us as soon as we give value every day.
Are you interested to learn more?
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