What is affiliate marketing?
In the broad sense of the term it’s earning commission for recommending a product or service. Now this can be for anything imaginable these days and when I say that I’m not exaggerating!
Almost every product or service online has an affiliate program attached to it. From holiday companies, to baby clothes to small business internet marketing products selling software.
Yes, affiliate marketing is a huge huge business and fortunately for you, one of the easiest to get into. The idea behind affiliate marketing is that you promote products, through an affiliate network, earning a commission if your audience buys thanks to your marketing efforts via your affiliate link.
The end result is you earn a commission based on a percentage set by the vendor. This percentage solely depends on the amount set by the vendor and can range from 1% to 100%
The ultimate goal is to make money while you sleep and buy time. A phrase once coined by Pat Flynn of Smart Passive Income, is the ‘Work hard now and reap the rewards for years to come’.
