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Tuesday, August 6, 2013

How To Make Money With Affiliate Programs (Part 1)

Let's discuss first what an affiliate program is (You can catch the shortened version of this explanation at another post)... for those of you who are not familiar with it.  Basically there are two ways to function in an "affiliate program" situation. 



You can be the affiliate (which is what this post is all about) wherein you refer visitors to your blog or website to a product which gets you a commission when they buy.

OR on the other hand...
You can be the merchant with the intent to gather affiliates of your own to leverage your marketing efforts for a product that you own (We will have some upcoming posts about how to profit in that realm)

Now that we have defined what it is to be an "affiliate", let me say it is extremely lucrative when best practices are applied properly. Normally you will work on a commission basis. Sometimes the commissions are recurring monthly, or quarterly if your referred customer is being billed on such a basis. You get paid, customer gets their product, merchant is happy with his revenue after paying out a commission plus he manages product movement and customer service. EVERYBODY IS HAPPY in successful affiliate situation.

So you understand how an affiliate gets paid. But none of what I just said above explains HOW YOU START AND WHAT YOU CAN DO RIGHT NOW to get paid as an affiliate. RIGHT????? Check out Part 2 of this post.

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