First we will start with the fundamentals, growing wealthy. If you want grow wealthy, then you are reading the right article. If you do not desire to prosper, please disregard this article. This article is intended for intense people only who have more time than cash and want to turn that around to have more cash than time!
There is no such thing as a get wealthy quick program. If you hear that, or someone is trying to convince you that it is get rich quick, RUN!!! Easy come is easy go. It takes days, consistency, sweat, tears, emotion, and a whole bunch of positive motivation to really become financially independent. Here is the good news, once you can accept this principal and not fight it, you can become wealthy doing ANYTHING!!!
Now, let us discuss the top question you have, ?What is affiliate marketing?? Affiliate marketing is simply free or low cost advertising where the supplier of a product and the affiliate mutually financially gain.
Here is an illustration: FutureSoundsOnline.com has guitars and accessories. They would prefer not to pay a lot of money on advertising that may or may not work. This advertising is known as mass advertising. There are multiple ways to do this; they could pay for web publishers to put banners on their pages, pay per click or per impression in large search engines and social networks (i.e. Google adwords, facebook, myspace, etc..) or advertise in many other expensive techniques. Affiliate advertising is generally direct target advertising, meaning that generally folks are searching especially for a particular product and the marketer will have a link on their web page, email signature, dig page, etc? One of the best part of affiliate marketing is that the affiliate makes money for doing nothing more than referring someone to the supplier's website. In most cases, the supplier pays a commission based on what was purchased on the supplier's website. This turns out great for many affiliates. Let us say you are in the music business and maintain a music website. You do not have many products for sale, but many of your traffic should benefit from certain music products. As an alternate of having the head-ache of dealing with inventory and customer support, as an affiliate marketer you simply refer a customer to the existing website and still make money. It is a great program.
Continue using this example and pretend you are the supplier. As a supplier it is very cost prohibited to advertise. There are a lot of techniques of doing so, but as we discussed earlier in this article, why waste cash on mass advertising when you can direct advertise and pay when you make a sale. It is affordable! As suppliers, FutureSoundsOnline.com can pay an affiliate high commission and not have to pay costly advertisers to hopefully get a sale. Can you see why it is worth it on both ends?
Now, let us focus on different affiliate programs and how you can benefit the most from them. You should sign up as an affiliate for thousands of affiliate programs and earn cash in hundreds of different ways. The number 1 ways to get paid as an affiliate marketer are pay per click, pay per impression, and pay per sale. Understand that the most likely affiliate program is usually pay per sale. This means the affiliate get paid when the supplier sales a product referred by the affiliate. These are common and make affiliates a lot of cash.
Suppliers throw in extra elements for affiliate marketers to use. Pay attention to those when you sign up. It is a good idea to see if there is a sign up bonus, if they track the statistics for you daily and if you can view them, and see if it is multi-tiered. These features could be helpful in choosing affiliate programs to use. One of the key elements I feel is multi-tiered support. This is a key feature that can have you making a ton of cash if signing up correctly. Read on to find out how it works, FutureSoundsOnline.com affiliate program offers 3 tiers. It allows an affiliate to build a sales force and generate revenue on their sales as well as their own. Here is an example, let us say you sign up as an FutureSoundsOnline.com affiliate and you make 4%. Every sale you pass on to the supplier, you get 4%. Now, here is the cool part, if you have a brother who wants to make extra money too then they sign up from your affiliate marketing link and they are your teammate. Every time your teammate refers a sale, they make money, and you get paid too! It is awesome?you can build an army of sales people and make bank!!!
Now that you understand of what to look for, let us discuss about how to make it happen and put the money in your bank account! When you sign up as an affiliate you will be supplied with an unique affiliate ID. This is commonly a URL that has a code or id at the end of it that will track everyone you passed on to the site. This unique ID is key; because the supplier will pay the affiliate based on the affiliate ID it sees. Most suppliers will have unique banners and advertisements they have created that the affiliate can place your affiliate id in and give you the html code to put on your website, email signature, craigslist, backpage, social networking page, etc? This is a big deal; you must take advantage of this as it will save you so much time and energy creating your own.
Finally, it is time for the exciting part, remember I mentioned earlier, nothing comes easily. Now is where you have to market your new affiliate link and spread the word. Some suggestions to do this is put the (affiliate link) banner, code, text links, on your website. This will allow your current web traffic to see the link and get potential money from existing traffic. Social networking is great as well; you can put your link or banners on your myspace or facebook sites. Any social networking will work, there is no wrong way. Create a video and put it on YouTube and many other video sites, there are tons of creative ways to create potential traffic and sales. You should also try adding the affiliate link to your email signature, cell phone text signatures, etc? This is VERY productive. Another very productive way with direct results is CraigsList and BackPages. You can actually post to these free classifieds websites. These sites can create sales as well as recruit prospects to build your sales army!!! It is a great way to make money. Having others working for you, best part it is 100% LEGAL!!!
Look at the links below for more details. Since I used FutureSoundsOnline.com as an example, here is a link to their affiliate program which does EVERYTHING I talked about in this article. They are a great start to make you money.