December 13, 2018
Can You Make Money Doing Affiliate Marketing
I have been a member at Wealthy Affiliate for around 2 full years now, and I don’t hesitate to recommend it to people. But I have to be upfront…it is not perfect. It is a great training site that teaches you how to make money with affiliate marketing, but it does have its flaws. I wanted to write a Wealthy Affiliate review that is completely honest and points out every aspect of the site (good and bad) and let people decide for themselves if they want to join. I realize doing this might not get as many people to join, but it is fair and lets people know is Wealthy Affiliate Scam and exactly what they are getting ahead of time.
But What Exactly Is Affiliate Marketing?
Affiliate marketing is basically advertising products and getting paid commissions. In short, it is when you sign up for a company as an affiliate, then you put your personalized affiliate links online and when somebody buys something through your links, the company pays you a commission, or a percentage of the sale price.
Let’s make up a practical example to illustrate everything. Amazon.com is a popular online store that almost everyone has heard of, and they also have an affiliate program. Pretend that you recently bought a camera from Amazon and you really like it. A few days later you find out that your friend wants to buy a new camera. You really like your camera, so you email your friend and send him a link to that camera on Amazon, and he clicks the link and decides to buy it.
If you sent your friend your affiliate link, then you would get paid a commission for helping Amazon to make a sale that they might not have made otherwise. In this example, everything works out well since you helped Amazon make a sale, you helped your friend get a good camera, and you get some money too.
That is basically how affiliate marketing works, but you do things a little differently online. Let’s say you make a webpage that is about the camera you bought and you include your affiliate link to Amazon. Then some random person who wants to buy a camera goes to Google and does a search for cameras. After searching for cameras they happen to stumble across your site and decide the camera looks good so they click your link to Amazon and buy it, meaning you will get paid a commission.
Why Affiliate Marketing Works
There are thousands of companies and affiliate networks out there that will pay you commissions for referrals. The company has the products, so you don’t need any products of your own. All you have to do is refer people to the store website, and if they buy something you will get paid.
The company doesn’t pay you unless you refer someone who buys something, meaning you don’t make money until you help them make money first. You are basically free advertising for them, so they want you to be successful and will be glad to pay you after you have made them money. Affiliate marketing works out nicely for both the affiliate and the vendor.
It is always free to sign up as an affiliate for different websites and companies. And there are free ways to advertise products online, and you don’t even have to buy cameras (like the example) or actually use products before promoting them. But in order to be a successful, you do need proper training to understand how to market well and be a good affiliate, which is where Wealthy Affiliate Program comes in.