Affiliate marketing is one of the best methods to earn hugely. It is not a job, it is not a business; it is a no-strings-attached relationship with an organization where you reap only benefits, in form of commission.
Affiliate marketing actually relates to selling products for certain company where you get commission from each and every unit you sell. In affiliate marketing, you can earn as much as 80% of commission from the deal. It is one of the greatest methods to make money.
However, there are many types of affiliate marketing; it can largely be classified into two categories. Here are they!
Online Affiliate Marketing
For online affiliate marketing, you need to have a portal of your own. In this, you put an advertisement of certain product on your portal, and if that product is sold through the advertisement on your portal, you get commission. Example: Suppose I am a company and you have a portal of your own. I, as a company, will ask you to put my products’ advertisement on your website, and decide upon a commission if my product is sold through your website. If this condition is met, you get the condition. It is one of the simplest and most effective methods to earn. There are companies that pay huge commissions for selling their products.
Offline Affiliate Marketing
Offline affiliate marketing is like working as a commission agent or a broker. You sell certain company’s product and keep the commission; done! A lot of companies work on the principal of affiliate marketing; largely because they price their products/services to give good commission to affiliate marketer. Insurance industry works nearly entirely on affiliate marketing, with only few exceptions.
How Can You Earn Via Affiliate Marketing
Connect yourself to an organization that is looking for affiliate marketers, or develop a portal of your own. If you can do both, it will be great. If it all goes good, you will be rich very soon!