What Is Affiliate Marketing And How Does It Work?

1. Understanding Affiliate Marketing
2. The Basics of Affiliate Marketing
3. The Role of Affiliates in Marketing
4. Affiliate Networks and Offers
5. FAQ

Understanding Affiliate Marketing

So, in this video, I'm going to be explaining how the affiliate marketing industry works, and exactly what affiliate marketing is. I'll be defining terms for you, and I'll be boarding everything for you right on this whiteboard right here. Affiliate marketing is sort of a jargon-filled, complicated industry. There are all these terms: advertiser, publisher, traffic source, etcetera, that have no meaning to people in normal day life. But I'm going to attempt to really break things down for you in a way that you can understand. I'm going to be using multiple examples and diagrams on this whiteboard to help you understand this territory. This will be especially interesting for you if you want to get into affiliate marketing.

The Basics of Affiliate Marketing

It's a very lucrative world. I do affiliate marketing myself, and I run a multi-million dollar business. I started earning millions of dollars in my young 20s. And, you know, hopefully this will give you a good basis for understanding this industry. So, the first thing you want to understand about affiliate marketing is what it is: it's commission-based marketing. It's selling products on a commission-only basis online. Now, it's very similar to door-to-door salesmen or salespeople selling used cars or telemarketers.

The Role of Affiliates in Marketing

Now, in affiliate marketing, it's very similar. It's almost the exact same thing. You have company, you have a customer and you have an affiliate. Now, the company gives the product to the customer and the customer gives the money to the company. The affiliates job is to connect the company with the customer. And in return, the company pays the affiliates some money and the affiliate connects the customer with the company, right? So, it's a big triangle. You know it's a pyramid scheme. It's a pyramid. It's pyramid. You know, it's not a pyramid. They could turn it and it's different. It's just basic commerce, okay? It's direct response sales.

Affiliate Networks and Offers

Now again, the way affiliate is marketing to the customer is through what's called a link or URL. And in some other videos, if you want to learn the basics of do affiliate marketing. We're going to have my assistant put up a card on this YouTube video so you can go see my playlist on YouTube. My free course on how to do affiliate marketing. Or you can subscribe to my channel and you'll get my free course on how to do affiliate marketing. But you'll get a link and you can advertise that link on Facebook posts on Snapchat on Instagram. You could put it on, you know, send it to somebody through text message. You could send the link to somebody through email. It doesn't really matter how you send the link out. You could put it on a postcard and mail it to somebody. It doesn't matter. What matters is that somebody clicks on it, that's how you connect people with these companies.

FAQ

Q: What is affiliate marketing?
A: Affiliate marketing is commission-based marketing where individuals (affiliates) earn a commission for selling products on behalf of a company.
Q: How does affiliate marketing work?
A: In affiliate marketing, affiliates connect customers with companies by promoting products through unique links or URLs. When a customer makes a purchase through the affiliate's link, the affiliate earns a commission.
Q: What is the role of affiliates in marketing?
A: The role of affiliates in marketing is to bridge the gap between customers and companies by promoting products and driving sales through their unique affiliate links.
Q: What are affiliate networks and offers?
A: Affiliate networks are platforms that connect companies with affiliates. Affiliates can choose from various offers to promote and earn commissions by driving traffic and sales through their affiliate links.