If you are interested in setting up your own home-based Internet business, affiliate marketing programs are a great opportunity to make money. Companies pay well for referrals to their websites. These payments can be either pay per click, or sales commission.
Pay-per-click (PPC) pays a set amount of money for each lead that clicks your link to the affiliate’s website which is tracked using your affiliate code. Leads which turn into sales or affiliate sign-ups can also be paid a commission percentage.
These companies usually offer a variety of methods to advertise their websites, products, and services. One of the most common is the click link, sent in a text or e-mail, in which the lead clicks the link and is directed to the company’s website. Some companies offer banner or text ads which can be placed directly on your website and are a good way to advertise and get leads to click and be directed to the company’s website. Each time a link is clicked, you get paid. Some companies will pay you a percentage if the lead converts to a hard sale.
One of the challenges is finding good affiliate marketing programs and setting up a marketing system to generate leads. The only way to make money is to generate hundreds of thousand of leads. This is not impossible to do, but it does take a great deal of initial hard work and internet marketing strategies. There are companies who provide these services to you for a fee. They have created a system for lead generation, a marketing system, and usually a turnkey management database. Some of these programs actually work and are worth the investment, however, you can do this yourself without paying the middle man, but as I said earlier, it does take a great deal of work during the initial stages to set up. Once your system is established, it will become automatic and will begin to generate revenue for you.
Additionally, in order to make this work, you MUST learn how to market. There is a formula to Internet/Attraction marketing and you have to put in the time and research to stay abreast of new developments, websites, social media sites and blogs. You have to stay current on all of the latest Internet trends and move with them or you will miss your window of opportunity.