Affiliate marketing can be the most profitable source of income for a blogger if it’s done the wright way. However, there is a lot more work involved compared to other types of income streams like contextual advertising, selling links, placing banners etc.
It there is somebody on this planet who still doesn’t know what affiliate marketing is, here is a short explanation: you get payed every time somebody buys a product or a service following your recommendation. You basically act like and online salesman; therefore, if you plan to become an affiliate marketeer, you should take a step back for a minute, forget all about websites, blogs, seo and other internet related stuff and do a little research on “classic” selling techniques. See what’s involved, what are the steps from approaching a potential customer to closing a deal, and after that, see how you can adapt all that knowledge to affiliate marketing. If you don’t have the time or resources to do it, visit the “Money Online” blog, because this is what I will be covering in my next series of posts.