Friday, September 19, 2008

Affiliate Marketing

Dear Dollar Diary,
Here are some of my thoughts on affiliate marketing.
Affiliate marketing is one of the most common and lucrative ways to make money online. Many business that have products for sale cut on advertising costs and time by listing them on online marketplaces like Clickbank and Commission Junction. People like you and I who would like to work from home but do not have any products to sell, go to these marketplaces, register for free, and choose products to promote. They can range anywhere from airline vacation packages to dog training, and once someone purchases something you promote online, you get commission, usually 50 to 75 percent.
That may sound easy enough, but then there is the tiny little task of doing the actual advertising and how to go about it.
Mentoring
To someone who is just starting out, I highly recommend joining a community of people who can support you and give you step by step lessons, resources, and tools.
By far the most helpful program available is Wealthy Affiliates. Founded by two 26 year old internet millionaires, Wealthy Affiliate offers a complete course on affiliate marketing, search engine optimization, website building, advertising including Google, and writing articles. But that is just the tip of the iceberg. They also include Site Rubix, an insanely easy to use website building template, and webhosting to get your website online.
I myself learned a lot from my membership at Wealthy Affiliate which I am dedicated to share with you here.
Look forward to my future posts where I will cover individual topics on affiliate marketing in a step by step manner including:
  • Where to start
  • Clickbank: what is it and how to use it
  • Squidoo
  • Article submissions
  • Search Engine Optimization
Gotta go for now... see ya later!