* The first step is to determine whether you want a single or multiple tier affiliate marketing program. Most programs are single tier meaning you will become an affiliate of another business and only get paid if the business makes a sale. A multi tier affiliate marketing program is when you are also an affiliate of other businesses and make money when those businesses make a sale.
* There are some programs that are best for selling information products. These are called information products because they deal with some aspect of a business or industry. These are the type of products many online stores use to promote themselves.
* There are also some products or programs that are best for selling tangible products. These are called products that you can use to make a product such as a pen or notebook. These types of products are the type of products Amazon sells and other websites sell in order for them to gain notoriety to become a online destination for their target audience.
* When choosing an affiliate program, always think about what the product is not: what it will do for you. There are some products that can only be sold to people that are already logged into the target audience. These are information products and they tend to have higher profit margins than physical products.
How do affiliate marketing programs work
* You join an affiliate program when you find a product to promote and you then get a link or URL to include in your promotion. When someone clicks on your link and makes a purchase you get a commission.
* Affiliate marketing programs have a lot of benefits
* They are free to join: You can join an affiliate program for free as it requires no fees to sign up for the business.
* You get the revenue stream with no out of pocket expense: You pay the program all advertising expenses and you get paid upon the commission point.
* You can promote many products simultaneously: As many products as you want to.
* With some affiliate programs you can even get 100% of the commission. This is because the vendor is just interested in building a buyers list, so they really don’t mind you as an affiliate getting 100% of the sale.