Affiliate marketing is about the widespread process of promoting a product or service. The process requires the affiliate program owner or creator to reward their affiliates whenever their site or product generates viewers, sales or even when people register for the product. the rewarding process all depends on what a certain affiliate program is as well as the number of people signing up or registering for the program.
Just the same as collecting commissions from the perspective of a salesperson, the more you sell (as the affiliate), the more you get paid. The process typically surrounds this process. Different programs may have different compensation calculations, but most are based on any of the following:
• PPC or Pay per click – Every visitor that an affiliate can send is equivalent to a certain amount.
• PPL or Pay per lead – The affiliate is paid with each sign-up or registration made through his or her efforts.
• PPS or Pay per sale – The affiliate can get a commission from a certain percentage of every sale he or she makes.
If you are planning to make money from online efforts, then you can start driving traffic from the subscriber list that you have already made to your affiliate links. The amount that an affiliate can get from affiliate marketing depends on the product or service that you are selling. Some who were able to choose a great product can generate income from sales they make and get their share of around 50 to 75%. Others who can’t find a great affiliate program end up earning a fairly small amount due to the low percentage they can get from the commission.
Generally, the answer for what is affiliate marketing is mainly about promoting products as well as services online. How the process works focuses on how many people you can entice to visit a product’s website or generate sales. If you are equipped with steady subscriber lists and have an impressive selling skill, then you can turn affiliate marketing as your basic source of income online.
Is it Suitable For You?
There are many who would ask the same question aside from learning more about what is affiliate marketing, its basics and how they can possibly benefit from it. What if this is not meant for them or what if it is not a great financial source for them? You can only answer this if you can find a good paying affiliate program or product online. There are some who are lucky to find affiliate marketing as a lucrative source of income and made it their career.
In planning to make affiliate marketing as your main source of income, it is recommended that you know the ins and outs of the process. There are challenges at first that may lead you to give up, but you can take these as situations where you can learn some lessons as well as become more productive in the long run.