An affiliate program is a method of advertising that websites use in which they offer a monetary incentive for other webmasters to drive traffic to their website. For instance, when someone purchases a product through a secondary website that is not the main supplier of the product, the secondary website receives a portion of the profit that the main supplier receives. This portion can be taken as a percentage or a flat rate, depending on the main supplier.
Passive income is the most important tool a small business owner can use to expand his/her income easily. The most common examples of passive income are through owning rental properties, bonds, etc. However, another easy way to build passive income is through affiliate plans offered by nearly every major website. The possibilities are limitless when it comes to the amount of affiliate plans that you can partner with in order to build multiple streams of passive income. If you want to increase your passive income, contact us!
Does it cost money to become an affiliate?
Most affiliate programs do not charge anything to set up. The only price that the company offering the affiliate program requires is usually in the form of a percentage, portion, or flat rate for every product purchased through the affiliate. With Amazon.com, an affiliate can make 10% on every product purchased on Amazon.com through that affiliate.
Webepreneur Featured Affiliates
Here is a list of our favorite affiliates on the web. Click on a logo to get more information about affiliates that align with your business and can put money in your pocket!
Put that website up, and they will come - NOT! And even if they were to come looking for you, standing on the street corner, shouting your name, will you be ready to respond? You better fall in love with Internet Marketing.
Internet marketing is confusing, especially if you are a beginner. About the time you think you have a direction and you get to work, the next bright shiny object comes along. Web 2.0, social networking, video marketing, podcasts, blogs - it's endless.
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