Affiliate marketing is one of the most tried and true ways to make money online. That said, many people don’t know what it is or how it works. Affiliate marketing passive income is a great way to earn money and not worry about any fulfillment and/or complains. To put it simply, affiliate marketing is when a person or business sells a product that’s manufactured by another company and receives a commission on a per sale basis. With this in mind, let’s take a look at some of the best examples of affiliate marketing online.
If you were to search for “what is affiliate marketing,” then you would probably come across Amazon’s affiliate program. The program can be hard to join since you have to prove that you have a legitimate way to sell their products, such as having a website or blog, but once you’re in, things wouldn’t be easier.
As a member of Amazon’s affiliate program, you can advertise your products on your own website and get paid every time someone buys through your affiliate link. For example, if you had a blog that’s all about dog training, you could have a link to dog treats on Amazon. When someone clicks over to Amazon using your link, the cookie they receive ensures that you get credit for the purchase if they make one.
Clickbank is one of the oldest networks for affiliate marketing online. However, their business model is a lot different from Amazon’s affiliate program. With Clickbank, people can sign up as an affiliate or as a seller. A seller is someone who puts their product in the Clickbank marketplace for affiliates to find and do the actual marketing/selling. Every time a sale is made, the affiliate gets a commission, and the seller gets the rest.
An example of this would be a seller listing a video training course on how to train your dog to follow simple commands. They would list this in the Clickbank marketplace and decide the price and how much of a commission their affiliates are paid, among other factors. Affiliates who visit the marketplace can then get the affiliate link and use it to promote the product on their websites and blogs to earn money when they make sales.
JVZoo is another affiliate marketing platform and is often compared to Clickbank, though they do things a little differently. While Clickbank is known for having a wide variety of products, JVZoo has doubled down on digital products such as ebooks, video courses, and apps. While they lack the flexibility of Clibkank, they make up for it with a heavy focus on this niche.
JVZoo also places a heavy emphasis on the fact that their sellers only pay affiliates for sales, not for traffic. This helps sellers to avoid paying fees for “empty traffic,” which is to say, traffic that doesn’t convert into sales. Taking this approach also helps to cut down on dishonest affiliates that may pay for empty traffic to be sent through an affiliate link to make a profit.
Real Life Affiliate Marketing
Believe it or not, affiliate marketing isn’t confined to the Internet. In fact, before the Internet, it was typically done using newspapers. An example of this would be someone joining an affiliate program for watches, then placing their ad in a newspaper for the watch they want to sell. For every sale they made, they would be paid a commission.
These days, offline affiliate marketing can be done using QR codes on flyers or business cards. This allows affiliates to spread the word about the products they’re promoting in real life and get paid for the sales made through their QR code. While this does take more work, it can be very rewarding if the affiliate targets the right demographic.
Why Affiliate Marketing is Popular
In conclusion, affiliate marketing is a popular way to make money for both sellers and affiliates because it divides up the workload and allows each party to focus on specific tasks. The seller gets to focus on manufacturing the product, while the affiliates focus on the marketing. This is particularly beneficial for the seller since they can have many affiliates working for them.
As for the affiliates, they don’t have to worry about the business side of things, such as keeping an inventory and can focus solely on marketing the products they chose. They can also drop products and find new ones to promote quickly and easily as well, making this a very flexible and low-risk business model.