Concept of Affiliate Marketing

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Home Affiliate Marketing Opportunities Concept of Affiliate Marketing
Published on December 25, 2016

http://wealthyaffiliateguru.com/wealthy-affiliate-marketing-guru/concept-of-affiliate-marketing/

Affiliate Marketing is a referral marketing system where you refer someone to buy a product or service online, and you are rewarded for doing so. Many Internet Marketers started with Affiliate marketing , promoting other people’s product or services. And many millionaire Internet Marketers include affiliate marketing as their main streams of income.
Affiliate marketing does not require you to invent a product. All you need to do is to learn the essence of internet marketing and promote your affiliate links to the world.
Some people do very well in affiliate marketing. Some do not make much. The main reasons behind the difference lie in
(1) Knowledge
(2) Platforms
(3) Tools
The 4 Layers of an Affiliate Marketing Simple System
All you need are four basic concepts and systems to pull together.

1.) Ample Affiliate Opportunities
You want abundant opportunities to choose from, not a single half-baked product to promote that doesn’t convert well or barely pays you what your time is worth.
If you go to ClickBank and find only 1 or 2 things to promote, then it might be wise to pick a different niche OR choose a different path – one that has you as part of a community in education or in business.
Conduct this research prior to buying a domain or investing in content .

2.) A Home on the Web
You want your own domain.
You want to set the rules for yourself and ensure that one day you don’t wake up to find your whole site deleted without warning, then owning a domain is a necessity – not a luxury.

3.) Authority Content
Your goal as an affiliate who prospers is to get them into your system for repeat sales, not one-time commissions. To hook your audience for the long-haul, you need to learn how to provide a bit of authority and expertise that keeps them tuned in to what you have to say – even if someone else wrote it and you’re simply the middle man.
You get positioned as the expert without having to create a product and possibly without having to write a single word of content or conduct any research on the topic other than basic keyword volume and competition.

4.) A Communication System

Your communication with online customers comes in the form of an automated system that leaves you with a primarily hands-off business to run.
Autoresponders are the method of choice for most marketers because you can queue up over a years’ worth of emails to go out on autopilot and do the dirty work for you.
These 4 elements are all it’s going to take to build a financially secure affiliate empire.
Now how you use these four components is where the difference between success and failure lies.