What is Affiliate Marketing?
Affiliate marketing is hosting links, banners, and product information on a website or blog and then getting paid a flat fee or percentage of a sale whenever visitors click through on these links and make a purchase. In essence, affiliate marketing is selling products or services offered by others and then getting paid for each sale.
The Growth of Affiliate Marketing
The early days of affiliate marketing on the Internet primarily involved Amazon.com and its Associates program. While Amazon.com continues with its affiliate network model, many others have joined in, providing a wide range of affiliate programs that include products and services with which you can become affiliated and earn money.
In fact, you can now register with one or more various affiliate marketing networks, such as Commission Junction, LinkShare or Dynamic Trade, that will not only provide a variety of sites with which you can affiliate, but will also keep track of your affiliate earnings, issue checks, send out year end tax statements and more.
Affiliate Marketing Growth
In just a short time, the growth and popularity of affiliate marketing has exploded so that it is now a significant force in selling products and services on the web. Thousands of affiliate marketing programs are available that can blend with almost any sort of web content you might imagine and numerous eager entrepreneurs have built their business model on affiliate marketing success.
Making Money with Affiliate Marketing
While not everyone succeeds in making significant amounts of money with affiliate marketing, those who are very knowledgeable do, and it has allowed them to grow their online businesses into significant money makers with essentially no customers in the traditional sense of the word in a marketplace that is never closed.