Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.
The phrase, "Affiliates are an extended sales force for your business", which is often used to explain affiliate marketing, is not completely accurate. The primary difference between the two is that affiliate marketers provide little if any influence on a possible prospect in the conversion process once that prospect is directed to the advertiser's website. The sales team of the advertiser, however, does have the control and influence up to the point where the prospect either a) signs the contract, or b) completes the purchase.
Site Builder Package - There is a steep learning curve for beginners to set up their website. No kidding! Tried it with other web hosting providers in the past when I was a beginner, and it was a nightmare. But with WA Site Builder, you can quickly build a website within 30 seconds! Wealthy Affiliate has streamlined the entire online business setup process.
Web Hosting Package - Having a website is necessary if you want to earn money online. Those who tell you that you don't need a site are either lying to you, or they are living in the past. Getting a website up and running (domain name and web host - see definition) requires extra cost (web hosting service typically cost $5 to $20 or more per month). As a premium member, you can host 20 domain names without paying an additional fee.
Get back to class! This is something we never liked to hear in high school, but when it comes to building a business online, it is always nice to have current, live and interactive training you can take part in. Every Friday there is a live class that you can take part in as a Premium member of Wealthy Affiliate. Here are a few of the recent ones.
While any “regular” job requires you to be at work to make money, affiliate marketing offers you the ability to make money while you sleep. By investing an initial amount of time into a campaign, you will see continuous returns on that time as consumers purchase the product over the following days and weeks. You receive money for your work long after you’ve finished it. Even when you’re not in front of your computer, your marketing skills will be earning you a steady flow of income.