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Making Money With Affiliates
Prem Bahadur
This is great for people who do not know what to sell or who do not have their own product. Perhaps that might be you. Let's look closer at this multi billion dollar industry.
With affiliate marketing you earn money by selling other people's stuff. Rosalind Gardner once wrote a book about how she made over $435,000 selling other people's stuff. That was several years ago and she did it right from her home in Canada.
There are millions of products you can do this with. For example, many businesses offer an affiliate program that you can make sales for them and make money doing it. There is virtually no industry anywhere in the world that does not have an affiliate program. You can get paid by check, direct deposit, or through a payment processor like PayPal. PayPal can be used to send and receive payments online. It is free for consumers, and works seamlessly with your existing credit card and current account.
Here is how affiliate marketing works.
To get credit for a sale you need to join as an affiliate for the company providing the product. You will get your own website that contains your affiliate id number. When someone purchases a product on your website you are given credit for that sale and earn a commission for it.
You can get paid by check, direct deposit, or through a payment processor like PayPal. PayPal can be used to send and receive payments online. It is free for consumers, and works seamlessly with your existing credit card and current account.
How much you earn is dependent on the commission rate. Selling information products online, for example through Clickbank, you can earn up to 75% of the sale prices.
It depends on each individual merchant on how they will pay for you. Some companies calculate your earnings monthly and pay you sometime during the following month. Some of them will figure how much you have earned every month and then pay you the next month. Your earnings could come anytime in that next month.
Google offers an affiliate program called Adsense. They will pay you by check or direct deposit for placing javascript on your website. The script matches the theme of your web page with Google advertisers and you get paid when people click on ads. It is very easy money to make.
The key to affiliate marketing is to find good products that are in demand and then fill that demand with a company provided website. It depends on each individual merchant on how they will pay for you. Some companies calculate your earnings monthly and pay you sometime during the following month. Some of them will figure how much you have earned every month and then pay you the next month. Your earnings could come anytime in that next month.
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