The Basics of Affiliate Marketing
Restored from the Empower Network archive (2011–2017), lightly edited to meet our current advertising standards. Views are the original author’s.
Affiliate Marking is a very simple concept when you come to look at it. It is basically scenario where various individuals – called affiliates – market a product or service, usually for a commission on every sale.
What happens is a company or an individual creates a product or provides a service and makes it available to be sold by affiliates. The author of the product or service decides how much they will give out as commission to those who chose to sell their product or service.
How the affiliate markets the product is up to them. However, it is a usual practice that the author of the product or service provides some form of training which will aid the affiliates to sell the products or services. The training usually will include various types of marketing strategies from which the affiliate can pick and chose depending on what they are comfortable with.
Online and Offline affiliate Marketing.
Affiliate Marketing is broken down in to two types; online and offline. Normally, it was just suppose to be affiliate marketing, that is just one type, and online just a strategy. But because of the revolution that the internet is, online marketing is an entire type of marketing on its own.
These two types are really just marketing strategies, a group of which are carried out online and the other offline.
Offline Affiliate Marketing.
Simply put, offline affiliate marketing is marketing other peoples’s products for a commission, using off line strategies.
It can either be Network Marketing or Direct Sales.
With Network Marketing, the affiliate or the distributor as will be called in this case, will will be paid both on the sales that they personally carry out and on that which is a result of the customers that they brought into the program.
With Direct Sales, the distributor merely concentrates on producing sales. Their commission is solely on the amount of products or services they sell.
Online Affiliate Marketing.
Here same concepts apply but for the fact that the platform of operations is the internet. Yet the very fact of this change of platform makes all the difference.
Online, affiliate marketing becomes easier and even more exciting. From the point of view of opportunities, online affiliate marketing is just phenomenal.
Three requirement for online Affiliate marketing.
What makes online affiliate marketing so fantastic is its simplicity. To carry online marketing successfully, only three things are needed: a blog, a capture page and an autoresponder.
Your blog is ‘you’ on the internet, it is your person, your online presence. It is were you meet people and they meet you and those it is were you will sell your goods and service. So it is crucial.
Then, your capture page will be a web page through which you will collect the email addresses and/or phone numbers of our prospective customers, called leads. This is because stats show that most sales are made only after five to six opportunities of exposure to a product or service. So we need the information on these people in order to follow up.
This ushers in the importance of the autoresponder. This is used to automate the follow up of leads. These has two roles. The first is to provide more exposure opportunities to the prospective customer and the other is to build a relationship. The relationship built with the list obtained through the capture page is priceless, in affiliate marketing.
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With these in place you are set to go. Welcome to affiliate marketing.
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