how to Sell Other's Products and Make Money!

Sell Other's Products and Make Money!

A lot of people are now getting into online
businesses and online marketing either to
supplement their “real world” income or
for it to become their primary source of
income. Why? Because online marketing just
provides them a lot of benefits!
First, you can reach just about anybody in the
world who has Internet access if you market
your products online. That means a wider
market for you, which can translate to larger
profits.
Second, setting up an online business
requires only a fraction of the cost required to set up an actual business establishment,
which means a lot of savings for the business
owner. Another aspect that has attracted a lot of
people towards online marketing is the fact
that one doesn’t have to have his own
products to get started. In online marketing,
one can start making a lot of money just by
selling, or even by just trying to sell, other people’s products. And getting started with
this kind of marketing strategy is actually
quite easy. All that one needs to do is to set
up an agreement with an online retailer or
merchant, and after everything is settled,
one can immediately start making money by selling the merchant’s or the retailer’s
products.
Incidentally, the most popular and the fastest
growing method of selling other people’s
products online is affiliate marketing.
Affiliate marketing, in its simplest definition, is a relationship between an online merchant
or retailer, who has products to sell, and his
affiliates, who are willing to promote the
merchant’s product on their website.

In a typical affiliate marketing set up, the
merchant provides his affiliates with banners
and text ads that links to his site. The
affiliates will then get these ads posted on
their website and they get paid whenever
traffic or sales is directed to the merchant’s website. Affiliates are often paid on
commission basis, although other online
merchants would opt to pay a fixed fee for
the affiliate’s compensation.
Starting to make money online with affiliate
marketing is relatively quick and easy. All that one has to do is to sign up as an affiliate
for an online company that offers affiliate
programs. An alternative method, and
usually an easier one, is to sign up as a
member of an affiliate network—a network
that hosts a variety of affiliate programs for different online merchants or retailers.
Signing up is usually free, although other
companies and networks may require you to
pay a particular fee. Such fees, however, are
made as payment for additional services that
the company may render, like providing you with tools and assistance to jumpstart your
online business. When you sign up with an affiliate marketing
program, you are usually required to fill out
a form containing information about yourself.
Some affiliate programs may also require
you to present the URL of your website and
describe its contents. This will allow the retailers to verify that you actually have a
website with contents that are relevant to
their products. Some affiliate programs,
however, won’t require you to have a
website. After filling out the form and all,
you are then allowed to choose the affiliate
programs you want to promote.

After signing up with an affiliate program
and being an actual affiliate, you are now
ready to start making a lot of money by
selling other people’s product online. How
do you make money? There are actually a
number of ways for you to earn money as an affiliate, and most of these ways depends on
the type of affiliate marketing program
you’ve gotten into. Many affiliate marketing programs
compensate their affiliates in either of three
ways: pay-per-click (PPC), pay-per-sale (PPS),
or pay-per-lead (PPL). In pay-per-click
affiliate marketing, the affiliate is paid
whenever he directs traffic to the merchant’s site. PPS and PPL affiliate
marketing programs work rather
differently. In PPS, the affiliate only gets paid
when his referral converts into an actual
sale. In typical PPS affiliate programs, the
affiliate would usually get 15% to 20% commission for each conversion. PPL affiliate
programs work the same way, although
affiliates are paid a fixed fee whenever his
referral converts into a lead for the
company. Some affiliate marketing programs are two-
tier programs, wherein the affiliate is also
allowed to recommend other affiliates to the
merchant. In such affiliate programs, the
affiliate would not only be paid for the traffic
or sales that he would direct to the merchant’s site but also for the traffic or
sales directed by the affiliates who signed up
with the program through his
recommendation. Yet another way of earning more profits
with affiliate marketing is through residual
affiliate programs. Residual affiliate
programs are affiliate programs where the
affiliate gets paid a number of times for as
long as the merchant keeps the customer the affiliate has referred to his site. One form of
residual program gets the affiliate paid a
commission every time the referred
customer purchases something on the
merchant’s site. Another form of residual
affiliate program gets the affiliate paid a percentage every month for as long as the
company keeps the referred customer.