What is Affiliate Marketing? How can we earn Money?

It is a type of Performance based Marketing of one/more of the Affiliate ( Marketing executive) at their own Effort/Cost for a Merchant/Corporate/E-commerce Associate/Seller. The Affiliate will be either paid a commission or have a share on the product value.

The industry has four core Players:  

1. The Merchant also known as Seller/ECA/Brand/Retailer  
2. The Network which contains offers for the affiliate to choose from  like all soft tools-advertisement banners, HTML links, Advertisement tips, Internet lessons..etc & and also takes care of the Commission payment modes through Paypal, Direct debit card, Cheques..etc
3. The publisher -also known as The Affiliate who promote the sale/service,
4. The customer who really buy something

The market has grown in complexity to warrant a secondary tier of players, including affiliate management agencies, super-affiliates and specialized third party vendors. Affiliate marketing overlaps with other Internet marketing methods to some degree, because affiliates often use regular advertising methods. Those methods include Search Engine Optimization (SEO), paid Search engine marketing (PPC - Pay Per Click), E-mail marketing, and in some sense Display advertising. On the other hand, affiliates sometimes use less orthodox techniques, such as publishing reviews of products or services offered by a partner.

Common Confusion

Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. However, both are distinct forms of marketing and the main difference between them is that affiliate marketing relies purely on financial motivations to drive sales while referral marketing relies on trust and personal relationships to drive sales. 

Read here the difference between Affiliate Marketing Vs Referral Marketing

How can we Earn?

There is no limit for earning in Affiliate Marketing. While thousands are failing as affiliate, only Go-getters succeeds as it is a slow and steady type of earning and the earning will slowly grow with respect to the reach of the advertisements to the customers and reaches pocket full/surplus income after some years. 

There are plenty of examples in a Brand called ebay, flipcart, Amazon where they promote their business through Affiliate Marketing.

Earning through affiliate marketing also depends on soft skills of the person, the focus of the affiliate towards learning & acquiring knowledge on advertising techniques, patience & consistency towards the target and the soft tools provided by the Brand/Merchant/Seller/E-commerce Associate.

Affiliate Marketing for Dummies

Normally people search internet to start making money ASAP after they sign up. It may not be wrong as they come with a decision and they need answers for Where, How, How much. Though Amazon kind of affiliate marketing companies address such questions, that may not be understood by Dummies (common people without much exposure on Internet & soft skills of Online Marketing).

Here I would suggest GPT websites where you have to just refer your friends . You can also work some easier by taking surveys, clicking some links, playing games..etc for each task, you will get 0.01$ to 1.5$.

Visit this article to find various websites which I take surveys & earn-NO FEES for joining. It is FREE

If your friends perform the job & earn good money, you will get some portion of his earning as your bonus each month . More friends reference to this website will bring you more money

Why Affiliate Marketing to Be Adopted -Top 6 Reasons Why Every Blogger should Adopt Affiliate Marketing Strategy