People often question me about what affiliate marketing is and what exactly you do. Today I would like to go over the details of what affiliate marketing is and its benefits and disadvantages.
Affiliate marketing is the promotion of others products in which you earn a commission from any sales you make. You can be an affiliate marketer of digital products such as ebooks, software,videos and other online related products or an affiliate marketer of physical products such as books, dvd’s, cd’s and other products which are delivered to you that you can hold.
There are benefits and disadvantages to each of these…
With digital products the advantages are there is little to no overhead cost to the creator of this product. This results in a higher commission, upwards of 75% commissions on each sale you make. These sales can be a one time payment or a monthly, bi weekly or weekly payment over a period of time. The best digital affiliate to become a part of is a site called ClickBank as they handle any refunds or issues with any of the products you are selling. They only thing you need to really work at here is promoting the product and making sales. A word of advice though, make sure you test the product you want to promote. Take a look at it before you recommend it to your list, your reputation is at stake here.
With physical products the advantages are the reputation the product already has going for it. In many cases people have seen the products you are recommending on tv or in newspapers or magazines. This already builds a trusting relationship around the product. The disadvantage here is the commission values you get from each sale. Because these products have overhead costs the amount you earn in many cases will be no higher then 10% commissions. A popular site affiliate marketers become a part of for this type of promotion is called Amazon Associate.