If you spend
at least 2-3 hours every day online and have at least a bit of interest about
how to make money online, you must not have had missed watching the recent
craze of these two words ‘affiliate marketing’. An increasing number of people
every day are taking interest to make money online with the power of affiliate
marketing. Though there are vast numbers of experts in this arena, many
newcomers truly need help. Considering this aspect in mind, AffiliateMarketingMonster.com
hosts a vast resource (probably one of the largest on time) on affiliate
marketing and related products. You can bookmark us for your future reference.
Now, let us first understand what affiliate marketing is. In simple terms,
affiliate marketing is basically revenue sharing between an online merchant and
publisher in exchange of bringing potential customers or buyers to the site of
the online merchant. There are primarily three major ways of affiliate
marketing:
• Pay per click: The classic example of pay per click affiliate
marketing is Google AdSense. It happens when a visitor leaves the website of
the affiliate by clicking the advertisement link displayed on the website to
the merchant’s site or product. The commission is accumulated either in pennies
or in dollars, depending on the type of the product being promoted.
• Pay per
sale: In this type of affiliate marketing, affiliates get the commission on the
basis of sales made through the advertisement displayed on the website.
• Pay
per lead: When potential customer registers as a result of the advertisement
displayed on the affiliate’s websites, the affiliate receives the commission.
Affiliate marketing offers benefits to each end. It means affiliate marketing
is beneficial for both merchants and affiliates. Practically affiliates do not
need to work on a consistent way once the site is already promoted and gaining
high volume of visitors. On the other hand, merchants get the benefit of
spreading the advertisement of their products through affiliates’ websites. So
from merchant’s perspective, they get more benefit when they get more
affiliates for their products.