Affiliate Marketing
Affiliate marketing is a type of marketing that allows a company to sell its products or services by signing up other individuals or companies who advertise their product. The individual or company that does the advertising gets a commission when a consumer buys the advertised product or service.
There are two types of affiliate marketing:
- You can offer a program to other individuals or companies and pay a commission for sales generated by them; or
- You can become another business’ affiliate – every lead or sale made by a link from your web site creates a commission for you.
There are some great sites about creating an affiliate program available on the internet. Below are a couple of articles that explain this process:
How to Create a Successful Affiliate Marketing Program. By Laura Lake, About.com.
How to Create a Successful Affiliate Marketing Program. By eHow Business Editor.
There are many companies that offer affiliate programs. Amazon.com, Google and many other companies offer this type of program. Many of them are at no cost to you.
With Amazon.com Associates you can earn up to 15% by advertising their products. Learn more about Amazon.com’s Affiliate programs here.
Learn about Google Affiliate Network for Publishers here.
There are many affiliate opportunities available to anyone. AssociatePrograms.com has a comprehensive list of partners available listed by category.
References:
Affiliate Marketing. Retrieved on May 18, 2009. http://www.entrepreneur.com/encyclopedia/term/82092.html
Affiliate Marketing Image. Retrieved on June 15, 2009.
http://websitereviews.professionalseoindia.com/wp-content/uploads/2009/03/affiliate-marketing-advantages.jpg