To know how to earn by affiliate marketing you must have an understanding of the business. I've put together a simple description of the different business models out there for you to consider. If you understand these, you can truly begin to find your business.
This is by far the least expensive model, and the most accessible to most people relate to. People can actually make money simply by creating high-quality content. The only thing they need to do is to provide some kind of a company link and in return the content they create is placed on the websites and traffic is targeted to the specific keywords.
This works much like "how to" you may have created a website, except that this business model takes place outside of your own home. By purchasing a domain name, hosting company, domain name registration, and then getting an affiliate account, you can promote other people's products and companies on the Internet. You can also create your own affiliate product.
The more products you create, the more promotion you will need to get on another person's own website. When someone clicks on your link and purchases a product, you get paid. This is a great way to see how to earn by affiliate marketing from the comfort of your own home.
What I love about pay per click, is that if you are paying for traffic you won't have to worry about advertising costs. You simply bid on a particular keyword or phrase and if someone bids higher you receive that amount as your pay. As you can imagine, not many people are bidding on that particular keyword or phrase so you have a better chance of being chosen. It's really simple, but still very effective.
How to earn by affiliate marketing on the web can be tricky. First you want to find a good affiliate program. If the company is truly top notch, you'll want to choose it. Otherwise you'll be wasting your time and effort.
Next you need to create a list of companies that offer an affiliate program on their website. You don't want to purchase any products just yet. You want to research the company and find out what their program offers. This will help you decide which one is the best for you.
Now all you need to do is advertise the affiliate program with your links. It's really easy. I use AdBrite for all my advertising needs. Other programs can be created with a little programming knowledge, or some more web site design skills.
If you do buy a product on the internet using a company's affiliate program you need to determine what method to take for generating traffic. Some companies provide affiliate programs through social networks such as twitter. Others have websites set up that allow you to create and sell products for them. The bottom line is if you don't create traffic and sell products on your own site you're wasting your time.
I have found that the two methods I use the best are article marketing and driving traffic. Article marketing is probably the easiest and most affordable way to do this. I simply write articles and submit them to article directories. This will drive traffic to my sites and will increase my rank on the search engines.
Another method that I've used to build traffic to my sites is to promote the products that I use on my own site. For example, I sell ebooks online and I purchase the affiliate products when I can afford them. By doing this I can create my own site, drive traffic to my own sites, and help those who want to use my products.
To make any real money in affiliate marketing, you have to find a system that works for you. If you are already using one of the above methods and are making good money then by all means continue to use that method. However, if you don't see an income coming from one of the methods I described above it may be time to move on to something new.