Affiliates and the Monetization Model
The affiliate model is a "high reward/low risk" Web site
monetization option
In 1997, Amazon.com launched the concept of
affiliate programs into prominence (they weren't the first, but they were the
first to do it big-time!). For the one person on the Net who doesn't know,
Amazon sells books (and tons of other merchandise now) online... and only
online.
Books, of course, offer information on millions of different specialized
subjects. And there are millions of Web sites out there, on an
incredible variety of subjects.
So Amazon figured, "Why not convert those sites into specialized, niche
book shops for us? We'll pay a commission when a site refers a customer who buys
a book."
And that's how Amazon started one of the first affiliate programs (AKA associate
or referrer programs).
Here's how an affiliate program works, using Amazon as the example...
The affiliate provides links from his site to certain books on the
Amazon site, books that are related to the affiliate's site content.
Amazon uses special software that tracks who sends each visitor. If and when the
visitor buys, Amazon pays the affiliate a commission.
The affiliate never has to...
- write a book
- process an order
- ship a book
- answer customer
support e-mails.
And the same applies
to any product that is sold in this way... CDs, travel, domain names,
even sheep!
It is one of the best opportunities for the average person interested in
e-commerce. And it is a tremendous
monetization model for those who publish information (whether as their
primary business, or a means to attract and PREsell traffic for their primary
business). But... affiliates are not
immune to the standard rules of the business world. Those who work, and work
well, succeed. Those who are looking to "get rich quick" are
once again heading for disappointment.
The
"Affiliate Masters Course" shows you how extremely well.
P.S. The part about "sheep" is made up. But just about every
other product that you could imagine is, or will soon be, sold via an
affiliate program.
New to affiliate programs? Start here – FREE
The "Affiliate Masters Course" has been described as the best
course on
affiliate marketing – and it's free. Print it out, find a quiet spot and study
it
carefully. Do that, and you'll save yourself an awful lot of wasted time.
Download the free
Affiliate Masters Course
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