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Today | 7/4/2008 12:02:00 AM

Affiliate Marketing

What is Affiliate Marketing?

One way to jump into the world of online business is by selling other peoples products. This is called Affiliate Marketing . The opportunities to make money utilizing these programs are very real as you will soon see below. Very simply, companies pay you the "affiliate" a nice commission for each customer sent from your affiliate website who then purchases a product on the merchant web site. You can enter the world of affiliate marketing with or without a website ( both ways will be explained ). Also, the cost of start-up is very little compared to most home based businesses so the barriers to entry are minimal.

Why Join an Affiliate Program?

- Sell products without the cost of carrying inventory
- Products are in demand
- Never deal with customers
- 25%-75% commission
- Promote many different products
- Open 24/7-365
-- How does this work?

Enter Click Bank

Click bank has a huge database of companies that want affiliate marketers to promote their products!

ClickBank is a company that allows merchants to process credit cards and run an affiliate program in the simplest possible way.

Clickbank currently aligns with over 10,000 merchants in which affiliates are paid anywhere from 25% to 75% commission on every sale they make.

If you have a website read on, if not, that's ok! Further down we'll discuss how you can get started without having a website or any web skills at all.

The beauty of the Click bank system is how easy it is to use. Basically , it's free to signup. Once you sign up you are given an ID and choose a nickname. You may then start placing links on your web site of the click bank products you wish to promote. Your Id ( which is embedded into the link) ties you to each visitor you refer from your web site who ends making a purchase at the targeted merchant site.

How do you actually get paid?

ClickBank sends out checks twice a month.

What Products are available to promote?

Once you're a member of Click Bank you may choose any of the 10,000 or so products available. These range from informational products, e-books, software, pc protection products, self-help,and there are lots more.

Products are categorized by type and ranked by their conversion rates ( how many visitors actually purchase the product). Some products are "hot" and convert into sales better than others. To see how well any product converts Click bank uses a "gravity" rating; the higher the gravity rating the better chance a visitor will actually purchase the product. Obviously you will want to consider these products as they are proven revenue generators.

How Do You Promote Products and earn Commisions?

Create Your Own Website

You'll need a website to promote products you have chosen from the Click Bank database.

You will then need to spend some time developing your website so that: it receives traffic, provides solid information that pre-sells the visitor, then the most desired response is to send the visitor to the merchant who then purchases the product.

Obviously , this is extremely simplified explanation which assumes you possess all the web development skills ( HTML, ASP, PHP, database design, graphic design, web hosting, setting up domains etc…) There is an easier way for non-web developers that lets you focus on the selling, not the technical stuff.

No Web Development skills? No Problem...

If you have no idea how to build your own website or don't want to worry about the web development side you can use a well developed product like CBMALL - The CBmall has taken the very best products in the ClickBank MarketPlace and gathered them into one, easy to navigate, automated, online shopping mall. - Get More Info: CBMall Review - CBMall

But here's the beautiful part. When you become a CBmall owner, you are given a unique URL that includes your ClickBank ID. Whenever you send a shopper to the mall, you get a commission on whatever they buy.

So let's say you send someone to a merchant's web site. And that person buys an eBook from them for $47. Well, you would earn whatever commission that merchant is paying. If it was 50%, you'd clear $23.21 after processing fees are deducted. And you didn't have to do anything but send the traffic. The merchant handles the download and support, and ClickBank handles the payment part.

The CBMall database actually puts your ClickBank ID onto every single product in the mall, automatically.

So by promoting one simple URL, you have a chance to make money from thousands of ClickBank products!

Also, when you purchase the CBMall the processs automatically signs you up for Click Bank and ties your ID to any product you refer to a merchant, so you don't need to sign up for each (Click Bank and CBMall ) seperately.

One major advantage of CBMall over Click Bank is that CBMall has an advanced search feature unlike Click Bank. If you go to Clickbank.com you'll see the store front but the products are ranked only by popularity. Finding a particular product is difficult, not so with CBMall.

Part 1 Summary

Affiliate Marketing is a low risk - low cost way for people to create income-streams online. Click Bank is the most popular affiliate database with over 10,000 merchants who pay out 25%-75% commission for a wide range of popular in demand products. You will need to become a member of Click Bank which is free. You will also need an online store front in which to promote Click Bank Merchant products, you can create your own website or use a prebuilt product like CBMall . No programming or web design skills are needed if you choose to implement the CBMall, which is basically a pre-built online store front allowing you to display any of ClickBank's 10,000 plus products. Commissions are earned when visitors browse your site , read about products they are interested in and ultimately "click thru" and purchase from the actual Merchant website.

That will end the first part of Affiliate Marketing. The next article will show you exactly what to do get started and effectivley build your online business