Affiliate marketing is an online marketing and sales system - the act of converting blog traffic into cash by promoting merchandise, products, knowledge, tools, or services of a third party in exchange for a commission fee.
If find a blogger can product or service the like, promote it to their followers, they can earn a piece of the profit from each sale. The product maker does not have to spend money on marketing, and the blogger can convert their traffic into an income stream. If everything works the way it is supposed to, the consumer gets a discount on the product(s) they buy - everybody wins.
The good thing about affiliate marketing is that the blogger does not have to have a product or service of your own to sell, and they make money by selling other people’s stuff.
The best affiliate programs are third party platforms that provide bloggers with everything they need promote, sell, and then track sales. For the blogger, there is not much work to do beyond setting up the affiliate account and strategically placing the code on their blog.
If the blog has volume traffic, there is a good chance that they can make money through an affiliate sales program. If they do a good job matching the right product(s) to their audience, it should be easy to make some extra cash.
For example, let's say the blog is about “reviews on handguns, firearms, and ammunition." This blogger might be able to create a revenue stream by loading an Amazon affiliate account to their blog. Let’s say their Amazon affiliate system displays gun-related accessories, books and videos about guns, and other such products in a prominent place of their blog. As long as the products advertised through the Amazon affiliate account is a good match with their blog audience, they should be able to make a sweet commission off of sales generated by the affiliate ads on their blog.
There are some downsides to affiliate marketing. Obviously, the bloggers are the middleman in the sales transaction, so their cut is typically very small. Plus, when their visitor leaves their website to make a purchase, he or she may not come back anytime soon, and they've potentially introduced them to one of their competitors.
There are affiliate marketing blogs built specifically to sell other people's products. These blogs exist to generate traffic from specific audiences in order sell specific products. Skilled and savvy online marketers build blogs to attract high volume traffic with the sole intent of converting the traffic into sales.
These talented affiliate marketers know how to generate traffic and capture names and email addresses as well as the "interests" of their visitors. They typically offer something of value, usually free stuff. Then, once they have the contact info of a prospective buyer, they set these folks up on an automate email marketing campaign to flood them with products and services related to their interests. These marketers parade discounted goods and services through email offers. If they can convert 5% of their email list, they consider themselves successful.
There are ways to use affiliate marketing to make some good money from your blog traffic. Please take a look at the list of affiliate marketing blogs below, and do your research. These bloggers have years of expertise and success with affiliate marketing, therefore, you'll undoubtedly learn some valuable information.