How to Earn Money Monetizing Your Website with Affiliate Marketing
Now that you have some basic information and have a valuable website, it’s now time to get some information about how to earn money with affiliate marketing. As a promoter, when you send a visitor from your site to another company’s site as an affiliate, and that visitor makes a purchase, you will earn a commission. It’s like virtual networking, where you introduce a potential buyer with a seller.
Is Affiliate Marketing Easy to Learn?
Affiliate marketing is fairly straightforward. You join an affiliate program and pick your products of choice. The merchant will provide the necessary code for your website. This will direct the potential buyer to the merchant’s web site.
The affiliate program will provide the links, banners, or ads, and once you copy and paste the code on your website you can begin the referral process. Once that potential buyer converts into a consumer by making a purchase, you earn your commission.
Different Forms of Affiliate Marketing
This is simply a brief overview of some of the different forms of affiliate marketing:
- Pay per Purchase – You get a commission in the form of a percentage of the sale upon completed purchase.
- Pay per Click – Regardless of outcome, you get paid for referral traffic when a user clicks on an advertisement.
- Pay per Lead – You will receive pay once contact information is provided by a potential customer through a contact form. If a potential consumer follows an affiliate link to a merchant’s web site and completes an action, such as signing up for a monthly newsletter or giving contact information, you’ll receive a commission.