Affiliate Marketing Basics: How to Use Affiliate Marketing to Earn Money Online

Affiliate marketing is a proven way to make money online. There are serious affiliate marketers who are literally making millions and became millionaires on their own. So, if you are thinking of becoming a millionaire and wondering how to be a millionaire with no money invested, affiliate marketing is one way to achieve that goal.  

What is Affiliate Marketing? 

Affiliate marketing is a system where a publisher or affiliate creates an affiliate relationship with a merchant to promote their product. The affiliate promotes the product and services of another company to earn a commission.  

For example: Affiliate John is an affiliate of Product A. John sets up a website and promotes product A through his website. When a sale is made for that product, affiliate John earns a commission. There are wide range of affiliate programs for various product and services. You can pick an individual product or a range of products in the same or similar category to promote them.  

Partnership with Top Brand 

Beauty of affiliate marketing is that you do not need to own any product or service in order to make money or run a business. All you have to do is to promote those products. Brand owners take care of the manufacturing, warehousing, shipping and distribution, billing etc. All you do is to generate the order. Your merchant partner takes care of the rest.  

You can pick the top brands in the industry to promote their products. You have that opportunity as an affiliate. There is no limit to what you can promote and make money on. If you however are one of those people who are focused on becoming millionaires and wondering how to become a millionaire with no money, you will need to be careful in selecting the product and brand. Since you are earning a commission per sale, you will need to select something that pays high commission.  

Parties in Affiliate Marketing 

There are three parties in any affiliate marketing campaign. First one is the seller or the product producer. This seller or producer or brand owner sells the product. Seller’s intention is to maximize the sale and generate more revenue for the product. Second party in this relationship is the affiliate or the publisher. This affiliate ia often called the publisher as he or she is the person who has a published website or will have a published platform through which the product will be promoted. Third party is the buyer or the end user. Buyer or end user is the party who buys the product and keeps the sales cycle moving.  

Show Me the Money 

Now it’s time to talk about the money matter. How do the affiliates get paid? Partnering with the merchant, publishing and promoting the product, generating commission all sound really well. But how do I get paid? After all, if you are thinking about how to become a millionaire doing affiliate marketing, then you must make sure that you will get paid.  

There are various ways an affiliate can get paid. Most common method is PayPal. Second method is via prepaid credit cards. Third option is via physical checks that get mailed to the affiliate’s mailing address. Another option is direct banks transfer. Different merchant has different payment methods. Make sure you are comfortable with the payment method and it works for you. If the payment method is something that doesn’t work for you and you cannot use that method for whatever reason, then all the work done to generate the sale is for nothing.  

Conclusion 

Affiliate marketing is a form of internet marketing. Your how to become a millionaire dream can be fulfilled with affiliate marketing. Lot of people who are trying to make money online and undertaking internet marketing campaigns are actually doing affiliate marketing. Step by step methods of affiliate marketing will be coming at a future date so make sure you visit the site frequently.