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By: Suzanne Morrison
If you want to make money on the internet, there are
numerous lucrative affiliate programs that you can join
for free.
In basic terms, all you need to do when you join an
affiliate program is add a special link containing your
unique affiliate ID to your website or blog. Whenever
someone follows that affiliate link from your website
and makes a purchase, you are credited with a commission
for that sale.
Affiliate programs are good for you because you make
money from your website visitors without having to
worry about shipping and payment processing. They are
also pretty good for the owner of the affiliate program
too as they are receiving traffic and sales that they
wouldn’t normally have received if they hadn’t come via
your website.
If you already have your own website, it should be easy
to find affiliate programs that complement the theme of
your site. For example, if you have a travel website you
can sign up with Commission Junction for free and promote
companies such as Expedia and National Geographic. Or
you could sign up with the first ever online affiliate
program, Amazon and make money by reviewing and
recommending travel books. Regardless of your website’s
niche you should be able to find some sort of affiliate
program to help monetize your traffic.
Most good affiliate programs will provide you with
banners, images, links, sample ads and sometimes even
articles and emails to help you promote their products.
They should also have a support system for you to ask
questions, plus statistics and a reporting function to
allow you to view your click-throughs and sales.
Affiliate programs for companies that sell physical
products such as books and CDs, or travel related
products such as hotels, flights and car hire tend to
pay a small amount of commission, for example 5%.
If you aren’t lucky enough to be getting thousands of
visitors to your site each day and you want to make
lots of money from affiliate programs the best plan of
action is to choose an affiliate program that has a
combination of the following:
1. A high commission
2. A residual income
3. Multiple Tiers
Affiliate programs offering a high commission are usually
selling intangible goods. Examples of these include e-books,
software and membership sites. The owners of these affiliate
programs can afford to give large commissions because
although there is a cost associated with producing the
product, the cost generally stays the same regardless of
whether the owner sells 100 copies or 1000 copies. This is
why these affiliate programs can offer a commission of 50%
and sometimes more, meaning that you can sell less of these
products and make more money than you would with a
traditional affiliate program offering a 5% commission.
Affiliate programs offering a residual income tend to be
those that offer a service such as web hosting or access to
a membership site. For example if you direct a visitor from
your site to a web hosting company that offers an affiliate
program with residual income and that person purchases a
hosting package, you would receive a commission every single
month, for as long as that person stays with that hosting
company. The power of this is that you can build up a more
reliable income, which means a steady pay packet during the
months when new sales are slow.
Finally, a multi tier affiliate program is one that rewards
you for recruiting your own affiliates. As well as receiving
a commission for sales that are made through your affiliate
link, you will also receive a percentage of the sales made
from the affiliates that you’ve recruited yourself.
So it pays to promote affiliate programs, but it pays even
more to be choosy when deciding on which affiliate programs to
promote. Choosing programs that pay high commissions and
offer multi tier or residual income can make a huge
difference to your bank balance at the end of each month.
About the Author
Suzanne Morrison is the webmaster of http://www.homebiz-direct.com
She makes an online income with the Plug-In Profit Site -
http://makingmoneylink.com/pips.html – a money making website built
for you within 24 hours, promoting 5 of the best affiliate programs
with high commissions, residual income and multiple-tiers.
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