Affiliate Marketing

Most Malaysians, especially newbies, cushion their first steps to make money online Malaysia by joining affiliate marketing programs. This is because:-

- Most of the programs are free. If a fee is charged, it is usually very low.
- A wide selection of products is available but no inventory is required.
- Marketing tools are provided at no charge.
- No direct contact is necessary with prospective customers.
- Commission reimbursement is monthly or quarterly by cheque or via transmission.
- There are no creditors or debtors to worry about.

Affiliate marketing is widely defined as one of the most reliable Internet marketing practices in which the advertisers pay publishers for generating sales, bringing in customers, leads or clicks to the merchant’s site. A merchant is someone who uses the website to advertise and sell his products and services while the publishers provide their site for promoting the services and products of the advertisers.

Today, affiliate marketing has covered almost every section of the industry from business to jewelry, to education and even home. Now, almost every e-commerce site is trying to get into affiliate marketing programs since it does not involve much effort on the part of the merchant. He just needs to place an ad on the affiliate website and sit back and see the business start rolling in profits. Affiliate marketing is a process of make money online Malaysia from commissions when you sell other people’s products. Some of the important characteristics of affiliate marketing are:-

Great Benefits

1). Low risk, little to no capital or initial investment.

2). A very wide range of standard products available directly from your merchant.

3). You can start immediately without waiting for product research, approval etc.

4). No need to create marketing materials (sales letter, banner, graphics). These will be provided by the product owner.

5). No warehousing and direct distribution cost.

Less Favorable Benefits

1). Profit is usually based on commission. Commission starts from 10% up to a whopping 70%.

2). Customers who purchase goods will know the product owner directly.

3). Besides webhosting and domain name, your main expenditure is advertising, which can be quite expensive if you use Pay-Per-Click advertising.

In the early days of retailing when merchants provided consignment goods to retailers, those goods were sold by the retailers. So, the merchant makes a deal with the store owner that every volume of goods sold would earn a certain amount of commission. The retailer doesn’t have to buy the good upfront; he merely stocks it and later collects a commission if the goods are sold. If they aren’t, he simply returns them to the merchant. With the Internet, it is still possible to sell physical goods like cookies, but it is a lot easier to sell products that can be delivered digitally. Here is how you able to make money online Malaysia with affiliate marketing:-

First, you choose a unique product that you want to sell. Then you create a webpage that explains how great the product is. This will be your ‘landing page‘. This page has special links to your affiliate or link. The link is called ‘affiliate link‘. If anybody clicks on it, the system will know it is your link. When someone buys the product from the link, you earn a commission.

Next, advertise the product to attract potential customers to increase traffic to your landing page. You will need to generate as much traffic as possible. Some of it will leave, but some of it will stay on and become your ‘main lead‘. You generate traffic to your blog or website by doing frequent updates and discuss topics to interact with your readers or visitors. Always add value for the people who care about and who appreciate the subject you are dealing with. Once the monetization starts, remember to maintain regular traffic. If all goes well, at this point, the system will work by itself and you will be able to affiliate marketing.