Affiliate Marketing Explained – Part I

Affiliate Marketing is something even I was unclear about until recently, and for those of you who are not clear on what Affiliate Marketing is (and believe me, 2 months ago I myself had NO idea), there’s a good 3-part explanation that my friend Megan McGinnis found on the website, by Brian  Hunter. Believe me, it’s a good way to make passive income, and everyone should, at the very least, understand what it’s all about.  Who knows – you might decide to jump into the game and collect those passive income paychecks in your sleep.  Angella

By Brian Hunter

Affiliate marketing, or re-selling as it is sometimes known, is a huge business on the Internet. It is a cooperative effort between merchants who have a product to sell and those who volunteer to get sales for them for a commission on each sale. For many years now, affiliate marketing has proved to be a cost-efficient, measurable method of delivering long-term results. It has become a favored method for Internet sites that are trying to make some extra or additional passive income for their site. Every day, new people get interested in affiliate marketing and want to make money out of it. But in many cases, these new affiliates do not fully understand the affiliate world and make costly mistakes largely through lack of Internet experience.

One of the common misconceptions that new affiliates have about affiliate marketing is ’selling’ – though selling is an important activity of affiliate marketing and the central function of a business operation. Another is that affiliate marketing is commonly linked with ‘advertising’. While the importance of advertising in marketing a certain product is not to be underestimated, the truth is, advertising like selling, is just one part of the many functions of marketing……

Article Source: by Brian Hunter

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