affiliate marketing is a type of ecommerce business or you can say that it's a tool of ecommerce business.
Affiliate Marketing is basically selling someone else’s products or services and then in return, you receiving a commission for doing so.
Affiliate marketing has become one of the most popular ways for people to make money online. It has grown in popularity because it is virtually FREE to set up and the best thing about it is, just about anyone can start doing it, no matter how old you are or what walk of life you come from.
Say you have a dog training blog with a thousand monthly readers. You can "monetize" your blog (make money on it) by advertising a dog training book you like. Many banner ads sell affiliate products. If someone clicks on the banner ad, they'll be directed to Amazon to purchase the book and Amazon will pay you a small commission.
There are many affiliate products. You can go to a site like Commission Junction and become a member. It's like a warehouse of thousands of products that you can sell online and get commission - everything from t-shirts to high-end private jet rentals. There are many categories, many help forums and many websites that host products. Affiliate marketing is a big business.
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Affiliate Marketing is growing in popularity and it is a great way to promote other peoples products or services. In that way you won't have to create products (at least not right from the beginning), you can learn or cut your teeth so to speak by promoting other peoples stuff.
What's great about that is there is no customer service, no product returns, no inventory, no product creation. You are basically learning one huge and incredibly important aspect of internet marketing and that is promotion.
What are you promoting? You are promoting other peoples stuff. Why reinvent genius when someone has already created something wonderful and all they need is your help getting it out there and sold. That sounds like a good deal. They create the product and you help sell it. Not out of the kindness of your heart though.
You do get a commission for selling their stuff. You get a percentage of every unit sold. And with smart marketing, your cost to sell should be significantly less than the revenue you bring in. GREAT! There is your profit. Do it over and over again with good products, then you are in business.
Now you should purchase some if not all of the products you are promoting. Why? Because its great to endorse something you are familiar with and once you are familiar you can give a genuine endorsement of the product. But, that is not the only reason why you should buy it.
Later when you want to sell your own stuff (and perhaps you will), you will know the ins and outs of creating a great product.
That's enough for now. I hope you have benefited from this brief article on Affiliate Marketing.