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So far, I’ve only talked about affiliate marketing as it relates to the one-time commission variety. But, did you know that there are affiliate programs that give you a monthly residual commission?

Residual affiliate programs usually pay only a small percentage of sales commission for every sale directed by the affiliate to the merchant’s site. This commission often comes only in the range of 10% to 20%. Because of this, many people ignore residual affiliate programs, favoring the high paying one-time commission affiliate programs.

But, sometimes it’s nice to have a monthly check coming in, don’t you think? Sure, residual affiliate programs pay at a lower rate, but they pay you regular and ongoing commissions for a single affiliate initiated sale! That means, for the same effort you might put into a one-time commission program, you get a regular and ongoing commission for a residual program!
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You know how when you buy one thing, you get asked to buy another. You know what I’m talking about …

“Would you like fries with that?”

“People who bought this, also bought that.”

These kind of product pitches go by many names: up sells, down sells, cross sells. But all are “back end” sells — those sales made after the initial sale has been made.

If you’re just starting out in business or for any other reason only have one product of your own to sell, affiliate programs can help you increase your sales.
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There are a lot of articles, e-books and experts who will tell you that you can make money in affiliate marketing without a website. And it is true. You can launch a Pay Per Click campaign that drives people through your affiliate link and collect the paychecks.

But how sustainable is that? Do you know who bought through your affiliate link? Can you market to them about a similar product later?

No.

And therein lies the rub.

Without a website for your affiliate marketing, your business is not sustainable. You have to constantly work it, constantly find new buyers and never rest.

I’m an advocate for sustainable businesses. Who wants to re-create and re-invent their business every day? You can’t grow your business and prosper that way!

Now, you don’t have to have an elaborate, content filled website like this one to be a successful affiliate marketer. (Although, it can help.) But you do need the following so you can build a list of interested parties to market your affiliated products to:
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What exactly is affiliate marketing? Affiliate marketing is the single fastest growth industry on the Internet. Why?

Because it is an easy way to add additional streams of income to you current business. And, because it can be an easy way to make money and have a career on the Internet all on its own.

Affiliate marketing is the revenue sharing between online advertisers (and merchants) and online salespeople. Compensation and pay is based on performance measures, normally in the form of clicks, sales, and registrations. Simply put, affiliate marketing is selling products on a commission basis. You advertise and sell products for other companies. You may have a product of your own to begin with or not.

Affiliate marketing has been a contributor to the rise of many companies online, including Amazon.com. Amazon.com was one of the first adopters of affiliate marketing, and now has thousands of affiliate relationships. Those affiliates help drive sales for Amazon in return for a “piece of the action.”

The things that a successful affiliate marketer must have are:
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