Many businesses online invest heavily in legit internet marketing and are always looking for ways to extend their reach and therefore their marketing dollar.
Internet marketing can be very effective for driving sales for businesses. Affiliate marketing is a branch of internet marketing that allows business to extend their reach by splitting revenues with affiliates bringing you paying customers.
What is affiliate marketing?
The most succinct definition I could find that describes what affiliate marketing is was by the page on Wikipedia:
“Affiliate marketing is a marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate’s own marketing efforts.”
This basically means that if you, an affiliate of the company, bring the company a paying customer, they will share the proceeds of that sale with you at a prearranged amount.
Affiliate marketing is most prevalent on the web, and affiliate marketers play a significant role in many company’s online marketing strategies.
Is affiliate marketing a scam?
Affiliate marketing is not a scam. It’s a legitimate way for businesses to extend their marketing reach by providing a commission to anyone who can provide a paying customer to them.
Affiliate marketing as a technique often uses many other internet marketing techniques which allow the affiliate to bring more people to the business they are affiliating with.
How affiliate marketers help businesses
Affiliate marketers help business because having an affiliate marketing for you is like paying a commission only sales person.
Online, this could potentially mean hundreds or thousands of online sales people reaching potential customers that would cost you much more than if you were to try to contact them yourself.
It’s this benefit that makes it worth it for the business to pay a percentage of the sale to the affiliate. It’s really a win-win.
There is mountains of information to learn about affiliate marketing. Our affiliate marketing blog brings you the best information we can muster, stick around for more.
Click here to find out more about our affiliate link management tool for WordPress.
2 thoughts on “How to extend your internet marketing dollar”
Amazing post! This is such a very informative and helpful article. Internet marketing is not just about building or ranking one’s blog/site. There are a lot of factors and ways to consider on how to make it a successful one. Such information in this post is one great additional tip for us to acknowledge.
Thanks Victoria – so true, there is lots of factors that goes into making your IM successful.