6. Affiliate Marketing

This technique is as old as the Hills. And like the Hills, it still works....sometimes. The principle is based on the commission-salesman model. Other site owners actually become the sales men and women. They sign up to be an affiliate partner with you. This is usually done via a rather sophisticated program.

The general idea centers around paying site owners for sending their traffic your way. Some sites pay their affiliates if they send traffic, some pay when the visitor actually purchases something.

The first trick here is to get high-traffic sites as Affiliates. The second is to be sure you have the technology in place to track the commissions to the rightful owners. It is important each affiliate gets paid. They also should be able to check their accounts 24 hours a day, 7 days a week.

Amazon.com was the pioneer of Online Affiliate Marketing. Their tracking software is nothing less than awe inspiring. Fortunately, smaller sites don't need that level of sophistication. There are a number of software packages out there that will do the work for you. Also, there are a few Affiliate Marketing portals that bring those in need of affiliates together with those looking to affiliate.
One of the more popular affiliate program trackers for information products and software is called http://www.clickbank.com. All you have to do is sign up to be a seller of a product, tell clickbank how much you will pay others to sell your product for you, and they handle everything. They will track your sales, pay your affiliates, everything. I think they charge a $49 setup fee and their commissions are a little higher than other credit card processors ($1.00 per transaction plus $7.5%), but the results you can get from using them far outweigh the costs.

Proceed to Step 7 - Tell A Friend Script Marketing

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