Is affiliate marketing a business? Is the Horizon horizontal? Is the Pope Catholic?
Answer; Absolutely…. Read all about it here.
Do you like to shop online?
Do you search Google and Bing for information?
Do you compare online reviews of products before you buy?
Do you have favorite ‘go to’ websites about your passions and hobbies?
Do you use the internet to study courses and learn new skills?
Do you surf the web for fun?
Every time you go online,
you are exposed to affiliate marketing.
The people behind your favorite websites are in the affiliate marketing business. Their mission is to help you find what you are searching for… a solution to a problem, the best tool for a job, the cheapest, or best.
No matter how random or obscure your interests are, there is a niche website to help you find your happy zone. The best affiliate marketers are so skilled at their job, you don’t even know they are there!
Affiliate Marketing is just like any other business. They have operating procedures, schedules and overheads, profits and losses, taxes and deductions. Affiliates are mostly solo entrepreneurs who have learned how to make money with websites. Their earnings are performance based and are calculated by commission on sales.
Affiliate Marketing is a unique business model.
AM requires no stock and storage, no shop front with associated costs and no physical product to sell.
Affiliate Marketing business sells other people’s stuff. Within the pages of an affiliate’s website are links to help you find the right products or services.
The costs involved in affiliate marketing are quite low compared to other businesses, making it a very low risk investment. The opportunity exists to create multi income streams with many affiliate connections and multiple websites.
Big name brands and global companies run affiliate programs.
Have you heard of Olympus, Mattel, Walmart, Microsoft, Amazon, Ebay, David Jones, Country Road, Myer, Net-a-Porter, Burberry, Liberty London and ASOS. They all operate affiliate programs. Anyone with an appropriate website can join and there are thousands of other brands who welcome affiliates to promote their products.
How large is the affiliate marketing industry?
$3billion US was the reported income through affiliate marketing in 2016. This figure is set to explode to $6.8 billion over the next five years.
Ritoban Chakrabarti ( an Entrepreneur, Movie buff, Travel freak and freedom fanatic) has created this fabulous infographic to summarise the Evolution of Affiliate Marketing.
Want to learn how to be a successful affiliate marketer?
Go well from Janelle,
Founder of The Cashed Up Nomad.com Where You Can Earn Your Freedom Online
- Wealthy Affiliate Review – Can You Get Cashed Up?
- How To Start Your Own Online Business.
- Make Your Website ‘Mobile Friendly’ On A Budget.
- Find A Good Niche For Affiliate Marketing And Make It Pay.