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Affiliate Marketing isn’t a joke, it’s a 6 billion dollar industry! If you own a blog, or have been thinking about starting an affiliate marketing business.
I’m here to show you how, step by step, using CJ’s system.
Despite what some internet trolls are saying (likely other affiliates trying to deter competition), you can start making revenue through the use of affiliate links, and driving traffic to them via blog, advertising, or otherwise.
There’s nothing to be afraid of, you can start today.
An estimated 40% of Amazon sales are generated by affiliates. Sure, Amazon is considered the best affiliate program in the business, but they are not alone in their success.
With Amazon, you are restricted to certain “qualifying” purchases, and don’t build personal relationships with product owners.
In other words, on Amazon, you can only hope to build your business with Amazon.
But there’s nothing to stop you from branching out.
The best way to get into any online business is by first casting a big net to see what’s working.
Why should you shoot for more than Amazon?
If you plan on building a business from this, then you need growth.
Just like freelancing, the best way to start building leads and connections for the future is to start networking now.
Companies like CJ will help you build those relationships while Amazon is earning you a few extra bucks per month.
We’ll start with a brief overview of Affiliate Marketing.
As mentioned in the title, affiliate marketing is defined in four main parts which we're going to cover right now.
Merchant
A merchant is any entity or person who advertises their product through affiliates. The merchant is the owner of the product or service.
From your local shoe shop to the 5-star hotel in Kuala Lumpur’s Golden Triangle, to cruise lines, to product start-ups.
Publisher
The publisher pushes the advertisement for the merchant’s product or service. A publisher can be a website owner who displays banner ads on their site.
The publisher is looking to monetize their site, and they agree to display ads, in this case for a percentage of commission.
The organic traffic and authority of their website allows them to display the ads to a high volume of people, and they are compensated for driving traffic to the merchant.
Customer
Customers visit the publishers site. They see the ads, which are typically related to the site or article they came to read, and their clicks and purchases drive the engine. They are the fuel.
Network
An affiliate network acts as an intermediary between the publisher and merchant, alike.
The exact role and function of the Network varies, but they tend to supply the publishers with links, or ads, which are provided by the merchant, and they track customer interaction.
They work to provide a safety net for both mechants and publishers, and enforce fair practices. The charge the merchant and turn proper commission over to the publisher.
Affiliate marketing is performance based advertising. Revenue is shared with the publisher when the customer interacts with their ad. This interaction is not always a sale. There are several different possible pay structures.
The most common ones are listed below, and you should be familiar with each, as different customers will have different needs, and you will need to promote them differently.
CPA
Cost per acquisition is the most common pay structure for affiliate marketing. The most common paid acquisition is a sale. An acquisition is any agreed upon conversion.
CPM
Cost per mile is a cost per 1000 ad impressions. It is not that common in affiliate advertising because it is a high risk model for the merchant, but it is used.
CPC
Cost per click isn’t as high risk for merchants as CPM, but again it is not that common in affiliate advertising. This is the model most notably used by Google Adsense.
Commission Junction (CJ) is an affiliate network. They are one of the largest on the web, and I don’t mean like top ten.
They are frequently cited as the biggest affiliate network, even bigger than Amazon according to some reports.
The big difference between CJ and other networks is the number of advertisers that they work with. There are over 3000 advertisers, including twice as many Internet Retailer 500 companies, for a publisher to do business with.
This allows you to be more selective and only advertise products that fit well with your target audience.
In fact, when the pros and cons are listed on sites such as makeawebsitehub.com, the biggest drawback is generally “steep learning curve.” That’s exactly what this course is designed to help you with.
- License: Master Resell Rights
- Category:Ebooks
- Tags:2021 Ebooks Master Resale Rights