The next and final 3 methods I'm going to explore with you are based around affiliate marketing!
With affiliate marketing, you don’t need your own product, or your own website. You don't need to worry about product fulfillment or customer service.
You simply refer sales and get a cut of the sale for your work. It's the best way to start online for the part-timer who really wants to see some decent bucks roll in!
Overview of Affiliate Marketing
Affiliate marketing is the technical term for “selling someone else’s product or service” which you get paid a commission (% of sales) for customers you refer.
Commission payouts can be anywhere from 10% to 100% so it can be very lucrative to be an affiliate marketer.
If you sell a $47 product at 50% commission, you will earn $23.50 for each sale. Just one sale a day and that's $164.50 a week!
Almost all websites that sell something online have an affiliate program associated with it that you can sign up to and create an affiliate account (usually free).
This allows other marketers, besides the original product owner, to promote the website and earn money.
If you ever see a website you think you would like to promote as an affiliate, look around the site for any links that say “affiliates”, “referral program” or “make money” etc.
I even have an affiliate program for this “No Brain Cash” e-book course.
See the “Make Money With This Report” report for details.
(a list of popular affiliate programs/marketing marketplaces which you can sign up for are listed at the end of this chapter)
When you sign up to an affiliate program, you are given a unique URL or affiliate link which contains a code of numbers or a name you choose.
The Most Important Tool: Your Affiliate Link! Example of an affiliate link: http://somecoolsite.com/?affid=code8453
Your affiliate link is the key to you getting paid. Use your affiliate link as it is. Don' t ever remove the code or change the URL (cloaking is the only exception).
That code is there so YOU get credited for your work. When someone clicks on your link, they will be tagged with your ID code so if they make a purchase, the website knows where the sale comes from.
Your affiliate link is your weapon which will allow you to earn money just by referring others to someone else's website. But you only get paid when your referral buys.
Don't think that any hit on your link from anywhere will result in a sale.
You need targeted traffic!
You can read more about the difference in traffic and how to get targeted traffic on my blog.
