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The following article was published in our article directory on May 6, 2019.
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The Things You Need to Know About Affiliate Marketing

Article Category: Computers and Technology

Author Name: Gary Higgins

It is everyone�s dream to be able to earn income even while you are sleeping. You might think that it is impossible unless you are the CEO of a huge multinational corporation, right? Nowadays, even regular folks like you can create a passive income source, and you do not even have to make the products or services yourself; it is called affiliate marketing.
The idea behind affiliate marketing is that you promote other people�s products, and you will earn a part of the profit as commission if people use your affiliate code to buy the item.
If you are interested to learn more about affiliate marketing, the first step is to learn its basic parts, which are:
The Merchant � This the party whose task is the manufacturing the product or service. Anyone can be a merchant, they need not be actively involved in the process, they just need to provide the product/service as needed.
The Affiliate � Sometimes also known as the publisher, the affiliate is the party who is responsible for attracting and convincing people to purchase the merchant�s goods. This is where the �marketing� aspect of affiliate marketing comes in; the affiliate will promote the merchant�s products by creating online content like blogs, or online videos (vlogs) that review the product or service.
The Consumer � The consumer, also known as the customer, is the part that actually makes the whole affiliate marketing system go round. These are the people that the affiliate needs to impress to earn a commission, and the merchant can make a profit. It is worthy to take note that the consumer does not always need to know that he/she is part of the affiliate system, and it is entirely up to the affiliate to decide if the consumer needs to know. Usually though, the affiliates are very transparent about these kinds of dealings, which is actually not a very bad practice.
When the affiliate lets the consumers know that he or she will also receive a commission on every sale of the product, the consumers usually would not care, and there is no reason for alarm anyway. The merchant will still make a profit, the affiliate will receive payment in return for his or her marketing efforts, and the consumer will still receive the goods or services paid for.
The Network � This part serves as a somewhat intermediary between the merchant and the affiliate. Although the affiliate could just directly deal with the merchant regarding revenue sharing, letting an established network like Commission Junction or ClickBank handle the logistics makes the affiliate seem more professional and trustworthy. In addition, the affiliate network also serves as a kind of directory of dozens upon dozens of merchants, from which affiliates can choose the merchants they wish to promote. Usually, affiliates promote more than one merchant to increase their chances of making a profit.

Now that you know a bit about the inner workings of affiliate marketing, you are now ready to embark on your own online journey towards financial freedom.

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