My Affiliate Marketing Explanation and Top 5 Recommendations

What is affiliate marketing?

From my understanding, affiliate marketing is selling the products of another business, and earning commissions on the sales you create. this is often completely different to Multi Level Marketing (MLM) or Pyramid Schemes. many of us who I even have spoken to about what I do, think that affiliate marketing is that the same as MLM. I can understand the confusion; however the confusion means those people don't understand what affiliate marketing is. for instance, Amazon offers affiliate opportunities. So if you sell products on Amazon through your unique link; you'd get a commission thereon. If the customer asks for a refund later, you'd likely lose the commission thereon particular sale. With physical products, the sale is once-off. simply because you would possibly make say, 100 sales in one month wouldn't guarantee that you simply make sales again subsequent month. this is able to mean you continuously need to keep it up making sales to earn an income. you'll automate the method by having your own website- say, with a review of the merchandise and a link thereto. you simply need to write the review once; but could make sales from that review months down the road. With physical products, there is no guarantee that they might have stock of the merchandise you're selling. There might even be delays with shipping, and every one of that's beyond your control.

Passive, Recurring Income

With the instance of Amazon above, all of the products on there are once-off, direct sales. However, if you sell online memberships, you'd get a commission thereon sale monthly. Memberships can combat many forms, an example i might use is Chess.com. I currently have a paid membership to play chess, do tactics puzzles, undergo lessons- basically access resources that this company spends tons of your time, money and energy to develop. If I sell a membership to someone else- i might get a monthly commission thereon sale. If a member cancels their membership, i might stop earning a commission thereon sale. It really is that straightforward.

This could be where the confusion with MLM comes in. MLM schemes have complicated ways of tricking you, et al., into paying to be during a network where the people above you earn quite you are doing. They promise recurring income- but that's on the condition that the pyramid keeps growing. If it stops, the scheme wouldn't continue and would go bankrupt if they deliver on the promised payouts.

The Value Exchange

Going back to the Chess.com example- albeit I make zero sales, i might still be proud of my membership due to the worth i buy from the products they provide me for the monthly membership fee. this is often the most difference between legitimate affiliate marketing opportunities, and hyped-up scams. Most affiliate marketing opportunities offer you value for money when it involves membership fees. I even have personally been learning about affiliate marketing, from various sites and platforms. This doesn't mean that I even have been making money from all of them. that's not the aim. The knowledge and skills developed are going to be valuable to me for years to return. I can say that I even have received tons useful from all of the sites listed below- and that i still have tons of action to require for every of them.

My Top 5 list of legitimate affiliate marketing platforms / opportunities:

(Click on each link for more information)

Lead Lightning ($7 once-off, $6 commission per sale) Link: {bit.ly/joleadlightning}. i might recommend starting with this one. It provides all the essentials you would like to start out generating leads (customers) to your business. browsing and applying this training would be an honest place to start out out. There also are up-sells and higher-priced memberships, but this is often the membership I'm on. i might say it's better to upgrade when you've skilled and implemented the training that's available from here. Below is one among the banner ads wont to promote this product.

BuilderAll {bit.ly/jobuildall} this is often an all-in-one platform for existing business owners, with everything you would like to create and automate your business sites, email campaigns, ad campaigns etc. ($29 initial sign-up fee; various monthly membership options counting on your needs).

WealthyAffiliate {bit.ly/wealthyafjo}. this is often another platform that i'm personally using. It includes training, web hosting, email automation, site research, a supportive community and everything you would like to start out and grow your online business. there's a free membership option, with limited benefits. there's just one premium membership of $50/month, with the primary month being $19 to ascertain if you wish it. this is often a requirement if you're serious about growing a business online- and need to form sales on multiple platforms and multiple products.

Legendary Marketer Free Blog: {bit.ly/legendaryblog} (Club Membership: $30/month, $18 commission per sale) check in link: {bit.ly/LegendaryJo}. this is often the one that got me started within the affiliate marketing niche. The training is superb, combined with expert coaches makes it a must have for anyone who wants to try to to well during this niche. The results of this company are hard to match- over $100 million in only over 2 years is not any small feat. The claims you see within the promotional videos are all real. There's nothing fake about this company. The authenticity of the people that train you causes you to realise it's possible for you to realize what they need. i prefer how transparent David Sharpe and therefore the team at Legendary Marketer are. They really do tell you everything they know- and everything you would like to understand about the corporate. i might say the raw quality of what they provide is what sets them apart. Everything they've created is top-notch. the location is straightforward to navigate, the training is obvious, everything works, the graphic design is great. this is often for everybody from beginners to experts. The higher-value products appear to be good value for money to me- but I even have not had the cash to upgrade to any of them yet. I'm sure there are many of us reading this which may be within the same situation. That's OK! the talents you learn from the Club membership will make earning higher commissions easy once you can afford to upgrade.

MyLeadSystemPro {jldupreez.topearnerstrategy.com/}. (Various pricing options) This one is for experienced marketers, or people that have tons of your time to seem through tons of various trainings / products to suit their needs. it's quite easy to feel overwhelmed or experience information overload when rummaging through all the items this platform has available. i might say you ought to have a transparent view of what you would like before joining this- because it's likely that they're going to have just about anything and everything you'll consider. All the highest affiliate marketers i do know of are on here and promote this. So if you would like to urge to the highest, this is often definitely one among the businesses you ought to realize.

In conclusion i might say these are the platforms presumably to assist you grow a successful online business. Something that has got to be mentioned for legal reasons, is that there's no guarantee of income from any of those. The earnings you get from any of those are directly proportional to the work you set in.