For the next few days, I am creating a series of how-to posts for the newbie marketers in my Affiliate program. Join the program and earn 30% commissions for each referral. Here are 5 Things to Know About Affiliate Marketing Online:
1. Affiliate programs are incentive programs created by individuals and/or business owners who will pay you a percentage of the price of their product for every product that you sell.
2. Unlike MLM Ventures, affiliate programs are usually free. You don’t pay to promote the products, but you do have to spend time actually promoting the products and learning how affiliate marketing works.
3. Once you join an affiliate program (like mines for example), you will get unique affiliate links that you will share with people online via blogs, forums, twitter, youtube, etc. If you don’t know what a text link is or how to use one, I’ll explain it at the end of this post.
4. When you share your affiliate link with others and they click the link, that click is tracked. If they buy a product, you make a commission. For example: I give my affiliates 30% commissions per sale. Example: If you share your affiliate link to my $97 product, you will earn $29.10 for each successful sale made.
5. Depending on the guidelines of the affiliate program you joined, at the end of each month you should receive payment for any sales your affiliate links have generated. Some programs only pay when you make a certain amount or after a certain amount of time has passed. For example: Some programs only pay when you by check when you make over $100. Other programs will be you after 30 or 45 days to ensure there are no product returns, charge backs first. I pay my affiliates via Paypal, so even if you just make $1, I will send you an affiliate payment.
Paypal Side Note: Getting paid via Paypal. You may not be familiar with Paypal, so here is a quick crash course. Paypal allows people to pay for a product or service online with a check, credit card, or debit card. If you have a Paypal account, I can pay you online. How do you take money out of your Paypal account? Paypal has several withdrawal options. They can send you a check or you can directly deposit your money to your bank account.
Need help with text links? Click here: Creating HTML Text Links – A guide for Beginners
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