A popular way to make money online is to promote other marketers' products. This strategy is called affiliate marketing and is highly effective. A partnership is developed between the merchant and the affiliate. They both benefit from every sale that is made.
To illustrate this, here are some benefits for the affiliate.
• No need to create a product - It is great for beginners as they have a product already made. All you have to do is promote it! This is perfect when you start on-line, no need to worry about creating a winning product. Instead you only have to look for products with a proven track record.
• Investment - In affiliate marketing has virtually no cost attached to it. This is great news for people starting out. Also there is plenty of traffic generating strategies that are free. Of course you can use paid advertising but the choice is yours.
• Affiliate Commission - Even though you are promoting someone else's product, there is plenty of money to be made. If you are promoting a product from somewhere like Clickbank (biggest affiliate network), you can expect high commissions up to 75 percent.
• Customer queries/returns - Being an affiliate you don't have to worry about customer returns or any queries that they may have. This is all taken care of by the person whose product it belongs to. This leaves you in a great position; you only have to concentrate on the actual marketing.
Affiliate marketing is a great way for beginners to get their feet wet and start making money. I would start this way and make some money before you consider product development.
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