Having difficulty finding work? The time is now to consider starting an online affiliate marketing business. I get it: you’re skeptical and wondering, “Is there really money to be made online?” Yes, there is. But like any other business, the success of an online venture is wholly dependent on proper planning, effort and execution.
Affiliate Marketing: How Does It Work?
Affiliate marketing has been around since Nero ruled Rome. But over the past decade, thanks to increased Internet use and low startup costs, the affiliate marketing business has matured into a profitable and viable work-at-home opportunity.
How does it work?
Affiliate marketing is when companies pay commissions to people who promote and sell their products and services online. Traditionally, companies provide affiliates with a special ID; affiliates then place ID-specific product links and advertisements on their own websites. Depending on the agreement terms, the affiliate will either:
- Earn a certain amount anytime someone clicks on a link, or
- Get a percentage of the sale if the user buys the product or service through their ID’d links.
Why big brands are Using Affiliates More and More
In the past, larger retailers and corporations steered clear of affiliate marketing models. But since life has moved online, product producers are making a sharp u-turn when it comes to third-party marketing programs.
According to the publisher of Performance Review, Chris Trayhorn:
“Performance marketing delivers real, measurable marketing results and successful campaigns are highly scalable. That’s an irresistible set of characteristics in the middle of a recession, and makes performance marketing an essential part of the marketing mix.”
Fortune 500 companies are abandoning outdated marketing models. Instead, they’re hiring top-level executives to develop, implement and manage third-party affiliate marketing programs. Some people speculate it will become the standard advertising model over the next decade. Get started now!
How to get started With An Affiliate Marketing Business
Starting an online affiliate marketing business doesn’t cost much. All you need to do is:
- Find a niche market that interests you, in addition to several affiliate-marketing-friendly companies that sell products to said niche;
- Buy a few URLs and set them up with websites; and
- Find a lawyer to make sure your sites are in compliance with various FTC and FCC Internet marketing rules, plus a hand full of Federal and state laws.
Contact An Affiliate Marketing Attorney For Help Getting Started
Kelly / Warner Law represents affiliate marketing businesses. Whether you’re a one-person operation or agency, our affiliate legal team will get you started, answer any questions, and even help you promote your business. We work with people all over the world and have helped people make millions.