How to Make Money Blogging: Affiliate Marketing Explained
One of the easiest and most common ways to make money blogging is through affiliate marketing. What is affiliate marketing? Let me explain�
First, there are essentially two ways to make money online:
- Sell your own stuff. - Sell or promote someone else’s stuff (and get paid for doing it), like I pay a lot of you for promoting Tell Your Time!
Simple. But let’s talk about affiliate marketing�
What is affiliate marketing? What is an affiliate?
This is how affiliate marketing works:
- You have a blog or website. - You know of (or find) a product or service you can confidently recommend to your readers. You will be marketing this product/service for the company that offers it. In that way, you are an affiliate (sometimes referred to as an internet or affiliate marketer). - For example, let’s say on your blog or website, you alert your readers to the great product Company X offers, either by writing a post about it or placing a button or banner ad somewhere on your site. You link to the product’s website in your post and/or button/banner ad. However, you don’t just use any link, you use your affiliate link which contains your special and unique ID. A reader clicks on the text link (in your post) or the button/banner ad in your sidebar. They are taken to Company X’s website and they decide to purchase that product or service. Company X can see that their new customer (i.e. your reader) was referred by YOU (it’s that uniquely-coded link that tells them so). Because Company X is grateful to you for the referral, they reward you with a commission.http://www.dollarsincome.com/