Affiliate Options

If you are new to the world of Internet Marketing and are interested in making some extra money online, the easiest path to take is through affiliate marketing, which is simply earning a commission from selling products and services from existing merchants.

There are a variety of affiliate marketing opportunities that are available to new and seasoned marketers, and in order to determine what will work best for you, let’s break down the different options:

Pay Per Click
Pay Per Click (PPC) is one of the most popular methods of affiliate marketing, as it provides affiliates with a way of earning revenue without having to generate a sale. With PPC, you are credited for each click made by a visitor from your website (or advertisement) to the merchants website. In other words, you connect the prospect to the merchant, and receive compensation from the referral, even if that visitor never makes a purchase on the merchants site.

Pay Per Sale
Pay Per Sale (PPS) is the traditional affiliate marketing module, where you are paid for each sale that is derived from your direct referral to the merchants website or processing agent. This means, that you must pre-sell your visitor, and motivate them to purchase a product on the merchants website, otherwise, you will not be compensated for your efforts. While this obviously requires more effort on your part, the payment received for each sale will be greater than that typically offered in a PPC campaign.

Pay Per Lead
Pay Per Lead (PPL) campaigns are set up to provide affiliates with the ability to earn money from all qualified leads that are generated by their promotional efforts. In this case, you would be compensated whenever a visitor you direct to the merchants website completes a specific lead-based action, such as filling out a survey, application or request for information. Typically, Pay Per Lead offers provide compensation on a fixed rate basis.

There are other options available as well, including:

Residual income: The affiliate is paid each month that a referred customer remains a member of the membership or subscription based website. (Popular with web hosting affiliate programs)

Lifetime Commissions: The affiliate is paid a commission for the first sale and for each subsequent purchase by each specific customer.



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Affiliate Marketing 101

Affiliate marketing is a great way to make money online, especially if you are unable (or uninterested) in creating your own product. With affiliate marketing, you are able to generate revenue via commissions that take place from all of your promotional efforts that result in sales, or in the case of CPA (cost per action), you would be given credit for leads or specific actions carried out my prospects that you have directly recruited.

In order to begin your journey into affiliate marketing however, you need a clear cut plan of action. The first step is to locate your niche market, which is the target audience you will be focusing on. While it’s easy to simply go with the larger, more popular markets, with those come heavy competition making it difficult to get your foot in the door unless you are a seasoned marketer with the ability to dig into the markets core. Otherwise, if you are a new marketer, it’s suggested that you chisel down your niche so that you are focused on smaller, yet still highly profitable markets.

I also recommend that you try your best to choose a market that you are personally interested in, as it will help you create content, get through the learning curve and stay motivated during sluggish times (and there will be some). To begin your ‘niche research’, simply take out a sheet of paper and jot down categories or ideas of topics that you would be interested in evaluating. It’s wise to focus on products or services that you, yourself, would be interested in purchasing as it’s likely an existing market.

Once you have a decent size list of potential markets, load up the ClickBank marketplace, at www.ClickBank.com and browse through the available products to determine what is currently available to promote. You will want to refine your niche once you have chiseled it down a bit, so that you are focusing on profitable markets with minimal competition.

It will get a bit tricky as most of the broader, common markets such as weight loss, dating, poker, travel, online business and Internet Marketing are very competitive markets, but also bring with it, high profit margins, so try to find something in between to cut your teeth on, when just starting out.



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Making Money Online

Making money online is getting more and more popular every day.  With gas prices still sky high and the unemployment rate shockingly high, more people are looking for ways to earn a living without the expensive commute and frightening job market.  No one wants to worry about being laid off in an uncertain economy.

But people who work online have better income security.  Although anyone can face money issues, those who work on the internet are able to increase their income by working more.  In these hard economic times, overtime for those with traditional jobs can be scarce.  

There are a lot of ways to make money online.  One way is to provide a service for other people on a freelance basis.  There are plenty of places online to find this kind of work, such as Get a Freelancer and eLance.  

Some of these services can include:

  • Freelance writing, such as writing articles.
  • Freelance graphics design.
  • Freelance website design.
  • Submitting articles.
  • Social bookmarking.
Another very good way to make money online is through affiliate marketing.  Affiliate marketing is the promotion of products you don’t own in exchange for a commission.  It’s a bit like putting a sign on your front lawn for McDonald’s with a code on it for $0.10 off a Big Mac, and getting $0.25 every time someone buys a Big Mac with that code.  Except in this case, the sign (a banner or other ad) is on your website, blog, or on another internet property in your control.
Affiliate marketing is great, because you don’t need to own a product or provide any customer support.  You just promote a link to the site and the merchant handles all of the customer support, shipping, and other issues.  Then the merchant sends you a commission check for the money you earn.
You can also make money by selling your own items with e-Commerce websites.  In this case, you would set up an online store where you’d sell items you make yourself or items you buy wholesale and sell for a profit.  This can be more profitable, because you get 100% of the profit rather than just a small commission, but it’s also more difficult.  You have to pay for a large website with online order processing.  You have to carry stock.  You have to deal with shipping and returns.  You have to provide customer support.  It’s tough.  
But there’s a major benefit to selling your own product.  Remember affiliate marketing?  You can be on the other side of it!  You can get affiliates promoting your site for you, which generally means you can make a lot more money than you could if you were the only one promoting.  Imaging having dozens or even hundreds of people sending buyers to your site!  That’s powerful!
There are plenty of other ways to make money online, but these are a few of the most common.  In fact, most of the ways to make money on the internet actually involve one of these methods in some way.  You just need to choose the right method for you and get started!