You advertise a product on your blog and you get paid whenever somebody purchases. Affiliate commissions can be 50% and over of the sales price for electronically deliverable products (eBooks, software, etc) that have no replacement costs. Physical products can offer 2% commission upwards. It doesn’t sound a lot, but if you sell a $10,000 entertainment system from a click on your site…
In simple terms, affiliate marketing means selling another person’s or company’s products and services. It’s like a referral service. You set up a website or blog and join affiliate programs that are relevant to your audience. You can connect to these programs through affiliate networks that provide you with a link that you include on your site. When someone clicks the link and purchases the product or service you’re marketing, you receive a percentage of the sale proceeds as a commission.
Kim, thanks so much for doing so much research for me! 😉 Guess what, after your comment I went and snatched up the domain Sea Decorations.com (would you believe it, it was still available!!!) and I am in the process of installing a new (but much less elaborate) website which I am going to try to get some Adsense earnings with. I do have Market Samurai, too, I just haven’t really used it to its potential yet. After your comment I think it is high time, though!!! Thanks again, Kim. Good luck to you in all you do!
The problem with affiliate marketing, like many other home business options, are the so-called gurus and get-rich-quick programs that suggest affiliate marketing can be done fast and with little effort. Odds are you've read claims of affiliate marketing programs that say you can make hundreds of thousands of dollars a month doing almost nothing ("Three clicks to rich!"). Or, they suggest you can set up your affiliate site, and then forget it, except to check your bank deposits.