Tuesday, October 23, 2012

What Is Affiliate Marketing And Its Impact

By Mitali Deypurkaystha


If you are looking to make money online, then chances are you probably have wanted to know a little about affiliate marketing and how it works in terms of generating money. Most people know that it is a money making venture but are not sure how the system works. Amazon is the most well known within affiliate marketing worldwide as it has remained loyal to their affiliates for years now. The system works by offering you the chance to sell their products for them, earning you commission.

Basically, it is a traffic system whereby you create awareness of a company and the products they offer. You do this by attracting people onto web pages promoting these products. You are paid based on the number of people who visited your pages and buy the merchandise. Amazon has remained loyal to its affiliates and pay generous commissions to those that introduce new customers to them.

Amazon are where they are today because of their affiliate program. Therefore, they have an enviable reputation within the affiliates industry for providing some of the most comprehensive tools there are available. It means that even if you have never made any money online in the past, you can learn from one of the best companies in the world.

Payment is based on the traffic you generate and how many of these visitors buy something from Amazon; in marketing terms it is called cost-per-action, you get paid for each 'action' (in this case a purchase) made by one of your visitors.

This program is mostly suited for website owners and bloggers, but Amazon can also provide marketers a platform to sell from within the Amazon site itself. These are people who often connect with internet users from all over the world through the information they share. For instance, websites owners provide information on different subjects on the websites while bloggers continuously update latest information on matters affecting people in different locations. There are different techniques used to attract people and keeping them coming back.

Most novice entrepreneurs looking to make money online choose to venture into affiliate marketing because it is the easiest and most effective method used to reach out to thousands of consumers. It is rated as the most effective method used by offline and online businesses to market products and services, especially when supported by a reputable company such as Amazon.

You are probably asking yourself 'But why do Amazon do this? They are so massive, surely by 'giving away' profits to affiliates does their business more harm?' You forget that Amazon have reached the enviable position of most trusted and well-known e-retailer BECAUSE of their affiliates. Their affiliates are the backbone of their business and it is the reason why you know Amazon (and have very likely bought from them in the past). Amazon have vowed to remain loyal to their affiliates now they are so profitable and even encourage new affiliates to join.

Indeed, with each passing year, Amazon find even more lucrative methods to help affiliates create wealth. By doing this they cement their position as the number one online retailer in the world and ensure they remain number one in the future.




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