The 4 Legit ways to make money online 2019| Affiliate Marketing
Hey there Diana here from dianagracethompson.com empowering Internet and Network Marketers to leverage the full power of the internet to build passive residual income. Thanks for taking the time to listen to what I have to say. My intention is to build as much value as I can in a way that you can understand.
Today I want to continue in a mini series on the 4 legit ways to make money online. Today I want to continue on my mini series and talk about Affiliate Marketing, which is the 3rd way to Make Money Online.
Affiliate Marketing is the process of earning commissions by promoting other people’s or company’s products or services. Find a product or service that you like, promote it to others, and get paid a certain percentage for each sale that you make.
Affiliate Marketing is a type of performance based marketing, in which a business or entity rewards one or more of their affiliates for each visitor or customer brought in by that affiliates individual marketing efforts.
The industry has 4 core players.
The first being the merchant, also known as the retailer or the brand. An affiliate merchant is a business that increases sales, traffic and brand awareness through online advertising via a network of affiliate websites. …Affiliate merchants may run their own in houseaffiliate program using in house affiliate software or they may use an affiliate network to find affiliates.
2nd is the Network An affiliate network acts as an intermediary between publishers and merchant affiliate programs. It allows website publishers to more easily find and participate in affiliate programs which are suitable. The Network contains the offer for the affiliates to choose from and they also take care of the payments. Then there’s the Publisher, also known as the Affiliate and/or the customer.
Lastly you have the Market. As far as Marketing goes Affiliate use methods such as SEO or Search Engine Optimization, Paid Search Engine Marketing, PPC, or Pay Per Click, Content Marketing, Display Advertising. You could also do reviews on different products.
Let’s talk about the Pros and Cons of Affiliate Marketing.
There are people who have built and are building lucrative businesses using this business model. You don’t have to talk directly with people and there is already support and Customer Service.
Affiliate Marketers get cheated out of around 2.3 Million dollars in commissions every Month. Vendors know that if you’re dealing with an inexperienced Marketer it’s easier to take advantage.
When I came online I was wanted to grow my Network Marketing business. In my search I came across Affiliate Marketing for the first time. I was attracted to it because of the Marketing. The women who was my first sponsor online and wrote a short article that spoke to my desires and challenges. She was using Content Marketing to promote her Affiliate Marketing business.
She put the article on Facebook using Paid Marketing. I clicked her link to learn more and I got started. She earned a preset percentage of what I paid. We were involved with a High Ticket Affiliate Program, which went bankrupt in 2018.
Always remember that companies come and go so if you choose to do Affiliate Marketing be sure and build your own marketing system that you control.
A few Big time Affiliate Marketing companies that I’ve heard of since being in the Home Based Business industry are JvZoo, ClickBank, and Amazon to name a few.
Affiliate Marketers are not Entrepreneurs. The person who is looking for Affiliates to promote their product is. They created the product and set their price.
I set my prices as an Internet & Network Marketing Coach. My coach helped me become a Coach. That’s how that works. I could have never imagined creating an income for me and my family without working for a company in Affiliate or Network Marketing if it were not for my coach.
My advice to you would be to get all the facts before you jump into the Home Based Business Industry or before you decide what company to market for. Thanks for watching and be on the watch for the last video in this mini series on the 4 Legit Ways To Make Money Online.