"For online retailers and service providers the use of affiliate marketing has allowed the acquisition of new customers and helped consolidate brands’ positioning in existing markets. Through the management of an affiliate network, affiliate channels have become a very profitable addition to sales and marketing strategies"- Dan Redfearn (Internet Advertising Bureau, www.iabuk.net )
The purchase of goods and services over the internet is the new commerce reality.Consumer confidence in internet shopping is at an all time high, online retailers such as Amazon have become mainstream brands and all high-street brands now recognise the importance of the internet sales channel and have invested in ecommerce.Hand in hand with the growth of e-retail there has been a rise in affiliate marketing.Affiliate marketing is the ideal partner to online retailers as it works like a virtual sales team,paid only on commission.
Affiliate networks are the best places to start in your affiliate marketing career.Affiliate Marketing is marketing products or services for other companies in exchange for a commission.You are a virtual sales person of sorts.You don’t deal with inventory, customer service, follow up, or anything like that. You simply sell. When you successfully get a customer to the business and make a sale (or lead), you get paid a commission.You never deal with the individual companies directly.Instead,you always deal directly with the affiliate network. This way you really only have one point of contact.Next major benefit of the affiliate network is the payment terms. Affiliate networks usually pay their affiliates way faster than a direct company.You can often get paid biweekly or weekly after a minimum earning threshold.
More and more affiliate networks are popping up every day.Be wise and stick with the tried and true affiliate networks.Until you have some experience under your belt and know what to look for, do not try to go for just any affiliate network.At first,just download and read one useful free e-Book to know more about Affiliate marketing, and then stay here for my forthcoming posts on Online Money Making & Affiliate marketing!
