What is affiliate marketing? It is a form of internet advertising where the affiliate is rewarded for driving traffic to the advertiser.
Generally the affiliate places a link on their website that drives traffic to the advertiser.
When a product is sold the advertiser pays the affiliate a commission on the sale.
Why is this type marketing an effective way to run your business? 1 - It is very cost effective.
Almost no capital is required to begin.
Basically just advertise your site with the affiliate link, and collect the commission.
2 - It is almost risk free.
With a very low risk factor, internet marketer's love this.
With a low budget for advertising, this type marketing is ideal.
3 - There is no inventory.
With all sales, the advertiser and not the affiliate, will deliver the product.
No carrying cost is involved and product management is not an issue.
4 - The customer base is the world wide web.
There are no limits on locality as a standard brick and mortar business.
Your marketplace is global.
The doors don't close at 5pm.
There is no closing time.
Your market is worldwide.
Be sure to choose an effective niche product that is profitable.
You can do this by visiting websites and research on which products are selling the best and have the best commission rates.
With proper marketing techniques, your internet business can thrive with minimal costs.
So if you want to kick start your internet business, with little to no cost, try this effective technique.
It works.