What is Affiliate Marketing?
Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products.
In a nutshell, all you have to do is:
- Find a product you like,
- Recomend it to others
- Earn a share of the profit for each sale that you make.
Benefits for Businesses:
Unlike traditional media and advertising, with affiliate marketing, the business only pays when they make a sale, which makes it extremely easy for companies to calculate their ROI (Return on Investment.)
How much money can be made?
Physical products usually pay a 5-10% commission and digital products usually pay between 30-50% and sometimes even up to 75%.
You can realistically make anywhere from $200 up to $8,000 a month from your affiliate commissions.
Some of the Most Recommended Sites to sign up to start your affiliate marketing journey are :
Clickbank, Jvzoo, Amazon, Commission Junction (cj)…etc.