Nowadays, Billions of dollars are spending to purchase the products or service online. But did you know that you can earn commission on every sale made by simply referring and recommending the products.
In idea1, you have learnt that you can earn money from every single click but the amount is just a few cents. You can get regular income but you cannot be millionarie from Ads.
In this idea2, Affiliate, you can earn commission from every single sale and you can be millionaire.
What is Associate or Affiliate Marketing ?
Affiliate Marketing is an internet-based marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate's marketing efforts.
As the world adopts online purchasing habits, a fundamental change is taking place in how retailers acquire customers.
You may confuse it. I will explain you in example. Lets say you have a website or blog and you have many users, you put the link to somebody else ebook or software in your website or blog. The commission % depends on the site. Let's say, commission rate is 50%. If the price of the product is 100$, you can earn 50$. If 100 customers buy the same products from your link, you can earn 5000$. Some sites even give you 70% commission.
For the product developers, they can focus on their product by giving affiliate commission for marketing. They do not need to care for marketing.
If you don't have website or blog, you can put affiliate link in your email and send to your friends. If your friends buy from your link, you can earn commission. You do the marketing their products and you earn the commission. There are many millionaires who earn from affiliate marketing. You can see in case study session. You can get many affiliate marketing from many websites.
How to get affiliate marketing from other website?
Very simple! It is free to get affiliate marketing from a certain website. You just go to affiliate tab in that website and you register in their form. You have to fill your profile and your website URL. Make sure your name and address is correct. Because, they will send your money to your address in check and then you just transform this check to your local bank account. You have to copy their affiliate text links or banner in html format and past into your website or blog.
Now you already have affiliate link in your website. If your users click this text or banner link in your website and then buy the product from that website, they know your affiliate ID and give you the commission of the product sales. You go to your affiliate login in that website and you can check how much you have earned. If their affiliate marketing is linked to clickbank, you can track your earning in clickbank account.
You can get many affiliate products in clickbank.com and linkshare.com.
You should put affiliate marketing which relevant to your website or blog. If your website describe about entertainment, your visitors are interesting in entertainment and they will buy entertainment products. So, you should put affiliate link which concern with entertainment products. If your users are web designer, you can put web hosting affiliate link in your website.
Case Study : Tissa Godavitarne, bought a brand new $1.2 million home using only affiliate commissions earned while he was unemployed.
He is just someone who couldn't get a real job and stumbled across something called affiliate programs. 100% of the money his wife and he needed to build their dream home above came from affiliate commissions earned by promoting products from three well-known affiliate networks. He can honestly say "100%", because both of them were unemployed, they had little savings, and no wealthy relatives.
He had earned 2.2 million dollars from just one affiliate program in 2007.
How he earned 2.2 million dollars?
It is not so easy to earn 2.2 million in affiliate commissions. He spent $ 600000 on pay-per-click advertising in Google and Yahoo so he got net profit of 1.6 million dollars. He has to pay a few cents to Google and Yahoo for every single click. You can guess how many click have been achieve to pay $600000.
You have already learnt what pay-per-click means in idea1.
He see the huge amount of searches in Google and Yahoo. Searching a particular people's information are almost one-third of all searches. Google and Yahoo are general search engines. You can search everything in these search engines. They do not specialize in this people search so they cannot give perfect result such as phone number, date of birth for a specific people. He saw this opportunity and decided to build a search engine for people search. After he spent two years and $100000, his niche search engine was born.
Millions of people are using his search engine to search people. Millions of people click the affiliate link in his website and he earns millions of dollars. Every time users get results, he gets affiliate commissions. If you want to know about him in detail, click here.
Now, you obviously see that affiliate commission can make people millionaire. He has invested $600,000 for advertising to earn million dollars. For you, if you cannot invest this amount , don't target to this amount initially. But, you can earn a few hundreds to a few thousands dollars without investing anything if your idea is good.
If you cannot spend for Pay Per Click, you can try to get in first page of Google. You can learn in " How to get Google first Page"
For case study session, If you can earn above one thousand dollar per month, you describe about your profile, how you have earned money, your website and send to 10waysmakemoneyonline@gmail.com. I will post about you in case study session and you will get the back link as well.
Here, 10 ideas to make money online are only in basic. I just give you overview idea. You read through 10 ideas first. You choose the most suitable idea for you and then you learn in advance for that idea. Go to Advance learning.
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