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Get Rich Quick schemes often promise you unlimited wealth, but first, many of them will ask you to send them a cheque or postal order for a small sum of money. Unfortunately Web Affiliate will not make these promise, but it is possible to make money while you sleep and you will never be asked to send any money! Infact making money on the internet is not just down to luck, it is down to hardwork on your behalf and a bit of self belief. Success will not happen overnight, but if stick with it, it's possible to start making over £1,000 per month easily, quickly and it won't cost you a penny.
Affiliate marketing really isn't that hard to understand, infact the concept and idea behind it is a very simple one. There are 3 main pieces to the jigsaw;
- Network - a third party company that handles a merchants advertising account
(eg. AffiliateWindow)
- Merchant - an ecommerce website that has goods or services to sell online
(eg. Debenhams)
- Affiliate - A website or groups of websites that advertises merchants goods
(eg. Your personal website)
In the following example, we will pretend you, the affiliate, own a website that concentrates on Skiing and Snow-Boarding. People who visit your website are obviously interested in winter sports and so it should be easy for you to integrate affiliate websites into your content, eg;
- Amazon - Buy the latest Snow-Boarding books
- Cotsworld Outdoors - Keep warm with North Face Clothing
- Expedia - Fancy a Skiing or Snow-Boarding holiday?
- ExtremePie - Extreme Sports Clothing
- Posters - Skiing Posters
Everytime one of your visitors clicks on an affiliate link, like the ones above, the merchant stores a cookie on the visitors machine. Cookies are harmless! Cookies are used purely to keep track of what items someone has added to their online shopping basket, and also informs the shop that you sent the visitor. If you, as a visitor, decided to buy something from any of the above websites within the next 30 days (some companies offer cookie lengths of 999 days) then you would receive a %age of the final sale price.
Most affiliate programs, or affiliate networks, pay on a monthly basis once you have reached a certain threshold level, usually £25. If you have not reached this level within any given month, then your affiliate commissions are simply rolled over and added to your next months commissions to ensure you never lose any money owed to you.
Some affiliate programs operate what is known as residual income. When you refer a visitor or customer to a merchants website, should the person ever go back in the future and purchase again and again, then you will continue to receive commissions for the lifetime of that customer. These affiliate programs are obviously very popular with affiliate websites, as you continue to make money with very little effort, but are a little slow in the uptake by merchants.
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