I have had an affiliate marketing business for six years now. People look at me with the one eyebrow up when I tell them what I do and many didn’t even know this kind of business model even existed. They ask me what is an affiliate marketing business. So….
What is an affiliate marketing business?
Affiliate marketing is like on line sales with no cold calls, no dealing with returns, no customer service issues. An affiliate marketer promotes the products that others have created, usually in a blog. The others deal with the customer service. You act solely as the referrer and get paid. There are millions of affiliate products out there on about anything you can think of.
More and more people are making their purchases online. Technology is making this easier and easier and more and more merchants are offering affiliate programs every day. Amazon and Walmart have affiliate programs by the way. This is only going to increase over the next few years.
When you do a search in Google and land on a blog, the chances are good that the blog you land on is in the affiliate marketing business. When you see what we call hyper links or words in blue, if you click on that link, you may be taken to a product that the blogger is an affiliate for. If you buy it, the blogger gets paid. This can get quite lucrative as you can imagine.
Bloggers also use banner ads on their sites. Some get paid a certain amount per click aka cpc, while others get paid if a person actually buys from clicking on that banner. I prefer the second method personally as some merchants pay 75% or more commissions.
How to build an affiliate marketing business
It starts with a blog and relevant affiliate products that support the topic of the blog. You find affiliate programs and apply to be the affiliate. You can find out how to do this here. It’s usually not very difficult to get accepted. Then you ad the links the merchant assigns you and you get paid for any sales that are generated from your blog or website.
Now of course starting an affiliate marketing business it’s not that easy. Owning your own business always comes with a learning curve. You need to know your market and your audience and you need to know how to get found! A lot comes into play here. The best way to learn this business is to find a teacher or a step by step course. You can find that here at Pajama Affiliates.
If you would like more information on how to start an affiliate marketing business, please leave a comment below and I will get back to you.
Where Can You Learn Affiliate Marketing Business
I learned how to build an affiliate marketing business on my own. I am self taught. If I had to do it over again, I would have cut down on that learning curve and invested into an affiliate marketing mentor or coach, that is, if I could find a good one.
There are lots of programs out there that can help with affiliate marketing, but many of them are scams. Buyer beware. I have been doing affiliate marketing for seven years now and a couple years ago I began helping others do the same. Now I have many affiliate marketing classes posted on this site where you can learn affiliate marketing and get one on one help as well. From beginner to advanced! Just find me on Facebook.