What is Affiliate Marketing?
The reward for your service? You, the affiliate, are rewarded a commission each time a sale has been completed.
Advantages of Affiliate Marketing
An affiliate needs to:
Sign-up with an affiliate program
Pick a product
Paste your tracking code to your website
Wait until a customer makes a purchase of the product
You earn commissions with each sale whenever a user make a purchase on your site.
As an affiliate marketer, your primary responsibility is to connect customers to the product you have selected.
You do not carry stock or inventory.
You do not have to facilitate or provide customer service.
You do not deal with tracking or shipping.
The merchant takes care of the fiddly logistics.
Anywhere, Anytime – With a computer and internet access, you can work anywhere in the world in any timezone.
Passive Income – Once everything is set up, with the right strategy/plan you can be generating income 24 hours a day.
Disadvantages of Affiliate Marketing
Working Alone – Most affiliate marketers start out as a one-man army.
Choosing the Right Product – You want to select a product that sells, product research can be time-consuming.
Not a Get Rich Quick Scheme – There is no magic to affiliate marketing. You will not get rich overnight.