Affiliate Marketing Defined

byEugeneMyers

98 followers

Updated 5 years ago

Hey all, I was going through my collection of marketing stuff and I found this little gem. I'm not sure where I got this file but the steps listed in it kind of sum up the whole concept of Wealthy Affiliate, in my opinion.

___________________________________________

Affiliate Marketer Defined:

According to The World’s Glossary of Internet Terms, “Affiliate Marketer is defined as: “A business relationship with a merchant or other service provider who allows you to link to that business. When a visitor clicks on the link at your site and subsequently makes a purchase from the merchant, you receive a commission based on the amount of the sale, a referral fee or a pay-for-click fee.”

This is a simple, straight-forward agreement between a merchant and an affiliate. Budding affiliate marketers run into a problem when they try to reverse the success process. Instead of starting at the beginning, they try to start at the end.

Making money is the end of the process. The beginning of the process is education and there are several steps in between. Too many people, who are just getting started in affiliate marketing, fail to take the steps necessary to get to the end of the process and actually make money.

Step #1: Educate yourself. This is the key, opening the door of opportunity. It's also the common thread connecting successful affiliate marketers. Education lays the foundation - the building blocks to success. Start by gathering the best information you can find about affiliate marketing and absorbing it.

Step #2: Turn that information into usable knowledge. Even the best information remains kind of worthless, however, until after you discover how to use it - how to make it serve your purpose.

Step #3: Start applying the knowledge ... take action ...start building your affiliate business. Will you make mistakes, even though you've invested all that time educating yourself? Yes, you most likely will make mistakes.

Step #4: Test and tweak, test and tweak. This one never ends. And it's often the dividing line between succeeding and failing. Attention to small details often returns big rewards.

__________________________________________________

WA is a place where you can educate yourself with the support of thousands of members who are willing to share their knowledge and insights. The tutorials are top notch and the support staff are rock stars. If you're not a premium member yet, consider this benefit. Web hosting costs are around $4 per month per site. As a premium member you are able to host 50 sites which is a $200 per month value by itself. Add in the value of having thousands of mentors available and you can see WA is worth far more than the monthly membership fee.

What are your thoughts?