Firstly, know that this article is not an extensive guide for affiliate marketing. There's not much time I spend on the basics, but I'm going to highlight the actual methods that you have to make money - with some relevant background to help you understand why. This information is invaluable and stimulating for beginners. You trained marketers will find this information accurate and refreshing while also finding some surprising new ideas to use in your daily efforts. So, let's go on.
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Almost everyone on the internet makes money (even millionaires) through affiliate marketing. Affiliate marketing is a means of promoting web companies, where an affiliate is honored through its efforts for every visitor, subscriber, customer and sale. The compensation or commission may be made on the basis of a certain value for each Impression (CPM), click (Pay/Click), registered or new customer (Pay-per-Lead) or CPA, sale (generally a percentage, pay-per-Sale/Repay Share), or combination thereof.
Very briefly, hundreds of thousands of affiliate programs exist on the web with tens of millions of products ranging from magazine subscriptions to life insurance and all that can be conceived. An affiliate is essentially a seller whose job is to send people to the website of a merchant. When a predetermined "action" or sale is made, a commission is paid to the affiliate. It's the same as being a retail salesman, only online. Later in this chapter, I will teach you more about the actual application of affiliate marketing.
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