Affiliate Marketing The New Way
If you have just arrived on this blog post “Affiliate Marketing The New Way” it’s likely you are looking at how to make money with affiliate marketing or want to know what affiliate marketing is and how you can use it in your business.
That’s exactly what we wanted to know when we first started our online business back in 2010 because coming from a corporate background we had not come across it before. In our world business was referred in a traditional way through word of mouth and networking and you certainly didn’t get paid for a referral!
Our reason for wanting to know more was that affiliate marketing would be a necessary skill we needed to acquire given that affiliate income was to be included as one of the streams of income in our business and ideally suited to boomers and seniors.
What is important to know is that the internet is constantly changing and affiliate marketing today is definitely very different to what it was a few years ago – hence the emphasis here on understanding not just the principles of affiliate marketing but affiliate marketing the new way.
What is Affiliate Marketing
Let’s look first of all at what affiliate marketing is. We always like to go to Wikipedia for a first reference point and they describe it as follows …
“Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts”
Put simply it’s a way for a business to sell its products by signing up individuals (“affiliates“) who market the business’s products for a commission.
As an online business owner affiliate marketing can be a very profitable income component of your business but you need to know about affiliate marketing the new way for you to maximise your success and make money from the many affiliate launches available (and even become a recognised affiliate marketer) if that’s what you are looking for. This of course opens all kinds of doors for you.
Essentially there are two ways to approach affiliate marketing. You can either offer an affiliate program to others if you have a product to sell or you can sign up to be another business’s affiliate.
In this blog ‘affiliate marketing the new way‘ we are going to be looking at becoming another business’s affiliate. This not only adds an extra revenue stream to your business but with careful planning will be serving the needs of your existing customers’ and those of potential customers’ waiting in the wings.
By example, our business is in the online marketing education niche so anything that would help our audience to become more profitable business owners or save them time and money would be perfect.
These tools or resources should be able to solve a problem for them. We are very careful about what products we promote and have usually purchased them ourselves and know the value they offer (or come very highly recommended) before we offer them to our customers and potential customers.
The obvious advantage of being an affiliate of these products is that you have not had to create them yourselves and the business owner whose products you are promoting is getting additional sales of their product they would not otherwise have got so it’s a win win.
Well known sites where you can become an affiliate and promote are:
And if you want to find out about product launches that you can get involved with then you can subscribe to JVNotify
That being said, affiliate marketing has changed considerably over the years and certainly since we first came online. It’s therefore important to get all the best information on it so you can make the kind of income that you are looking for.
Affiliate Marketing The New Way
If you want to become a full time affiliate marketer then it’s important you understand your statistics and make sure you have the skills to be successful as an affiliate marketer.
There are many ways that you can supplement your income through affiliate marketing but always bear in mind how many units you will need to sell to realise an income goal.
For example if you were looking to make an income of say $2,000 a month and selling an affiliate product where you got say 50% commission on a $50 product that would mean selling 80 of that product.
However, you could also promote as an affiliate what we call a ‘high ticket‘ products where commissions might be anything from $1000 per sale to $5,000 per sale and even higher.
We hope you found this post Affiliate Marketing The New Way helpful in expanding your knowledge and education of affiliate marketing and wish you every success in your future promotions.
Who Are We
We’re former accountants of a certain age with 5 great kids and 3 grandchildren. We love skiing and traveling the world and have achieved a fabulous life helping others to start and build a successful 6 figure business online and now speak on international stages following our passion. Our business is centered on online marketing education and specifically around the topic of affiliate marketing. You can find out more and ways to work with us here
Authors : The Mindset Shift
Skype : chrisbeesley1 susanbeesley1
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