Have you ever wondered how people legitimately make money on the internet? Well, there are a lot of ways to do it. However, let’s just focus on one effective and popular way at the moment. Let’s talk about the Pros and Cons of Affiliate Marketing.
Affiliate marketing is an online business with a win-win opportunity for both the merchant and the publisher. Generally speaking, it is a joint venture partnership between an affiliate and a merchant. The main goal of the affiliate is to promote the merchant’s product or service simply by placing advertisements such as banners and links through his or her website. In return, the merchant pays commission to the affiliate for promoting the product or services. Commission rate depends on the merchant and affiliate’s agreement.
Let’s take a closer look at some of the Pros and Cons of affiliate marketing.
- No need for you to own a store, deal with products or even transactions.
- No investment at all. You can make money just by redirecting the consumer to the merchant.
- The merchant does not have to pay the affiliate unless the affiliate brings business to him.
- Merchant and Affiliate business partnership – Complete win-win situation for both parties.
However, keep in mind that Affiliate marketing also has its downside.
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