Affiliate Marketing in a Nutshell
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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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