what is Affiliate marketing and how does one make money with it?
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I tell my friend that they should buy your product and when my friend buys something from you, you give me back some money.
It’s confusing because it’s so closely related to other forms of marketing and sales.
**Reselling (I sell the product and do the fulfilment)**
I buy your product and sell it myself at a profit.In this model I’m required to provide after sales service, handle warranty and I need to make an investment upfront in purchasing products.
**Dropshipping (I sell the product, but you do the fulfilment)**
I sell your product in my own store. I do my own marketing and set my own pricing, but when someone buys from me, you’re the one shipping the product.
In this model I’m required to provide after sales service, handle warranty but I don’t need to make an investment upfront in purchasing products.
**Affiliate marketing (you refer a sale)**
I simply refer customers to you and get paid by you when you make a sale
In this model the customer knows they are buying from you and that you will be the one doing the after sales service, handle warranty etc.
**Pay-per-click marketing (you refer a potential customer)**
You pay me a little bit of money for every person I send to you website, regardless of what that person does on your website.
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