It can be said that affiliate marketing can be traced to a cocktail party. Yes, the one which includes Jeff Bezos, CEO, and founder of Amazon. He was chatting with one of his guests who wanted to sell books on her webpage.
The creative genius that is Jeff began thinking. Why not have his guest link her site to Amazon and receive some compensation for every book that she sold? Soon after the Amazon Associates Program was born. Indeed, it was a very simple idea. Affiliate marketers or Amazon associates would place banners and text links for individual books or link directly to Amazon’s main web page, and some of them would earn a commission. When visitors are lead to Amazon from an associate’s site and purchased a book, the website owner gets cash.
But according to some clear documentation, CDNow’s affiliate program was the first one to come up with the marketing plan to boost sales. With its buy web program, CDNow was the first to introduce the concept of affiliate marketing.
It works in the same way that Amazon’s affiliate program works:
The team at CDNow thought that music lovers who had websites could give out and write reviews on their site that visitors may be interested in purchasing. These sites could link the visitor directly to the item to be purchased on the CDNow web site.
The rest they say is history. Countless companies and advertisers have now included affiliate marketing as part of their promotions strategy. Almost all e-book publishers take advantage of affiliate marketing to spread their work out to more people.
This has resulted in more sales for the publisher as well as extra income for the affiliate marketer. With the rapid success of affiliates, advertisers see growth opportunities everywhere. Some companies such as Clickbank offer affiliate programs to Advertisers and easy access and promotion of these products for free to future and current affiliate marketers.
The history behind things, of course, make them into what they become. With the knowledge of history, we can prevent many mistakes that we may make by learning from others mistakes. Affiliate marketing and affiliate programs are no different. I encourage you to research the past and history of people who have succeeded in this field, as well as individuals who have failed.
You can make good money through affiliate marketing, but that is only the case if you know what you’re doing. To be successful at affiliate marketing, you will need to ensure that your website or blog ranks high in search engine results.
Affiliate marketing has a high potential for a steady income. It is just like any other marketing venture in the sense that research, education, and knowledge are the keys to developing a proficient grasp of the inner workings of the business and maximizing your profit potential.
Affiliate marketing is so popular and famous nowadays. It is good for advertisers since the risk is so little. The publisher will also love it since they can make extra bucks from these programs. As a result, affiliate marketing will keep dominating the world of online marketing in the future.