Always disclose your affiliate relationship. Most visitors will probably understand that graphic ads will lead to your getting paid, but if you write a review or use an in-text link as a recommendation, you want your readers to know that may lead to compensation as well. This ensures you retain transparency and trust with your readers, but also, it's required by the FTC's endorsement rules.
As each state is different, I can only tell you about federal requirements in general. A limited liability company (LLC) is composed of members. When an LLC is composed of only one member, by default, it is disregarded for federal income tax purposes. This means the member will report all the activities of the LLC in Schedule C, just as a sole proprietor would, and attach Schedule C to the member’s personal income tax return, or Form 1040.
I’ve written about this before, but we also hear from customers who are in a different position. They have a great idea for course content in a viable niche and they’ve purchased WP Courseware, but they’re reluctant to get started with investing time in creating their content because they aren’t sure if they will be able to successfully market their course.
After the product listing for your course is submitted and approved, it is placed in the marketplace and will be live and available for publishers to begin promoting. The rest is really almost entirely handled by the marketplace. They will record visits from your affiliates, track any conversions (sales), provide reporting, and at the end of each month they’ll pay you for your percentage of each sale and pay the affiliate for their share. It’s pretty darn simple actually.
Digital marketing methods such as search engine optimization (SEO), search engine marketing (SEM), content marketing, influencer marketing, content automation, campaign marketing, data-driven marketing, e-commerce marketing, social media marketing, social media optimization, e-mail direct marketing, display advertising, e–books, and optical disks and games are becoming more common in our advancing technology. In fact, digital marketing now extends to non-Internet channels that provide digital media, such as mobile phones (SMS and MMS), callback, and on-hold mobile ring tones. In essence, this extension to non-Internet channels helps to differentiate digital marketing from online marketing, another catch-all term for the marketing methods mentioned above, which strictly occur online.
For a slightly different take on the subject and figuring out how to get targeted traffic onto your promoted links, you must have a look at Affiliate Marketing: Instant Traffic to Affiliate Links. A quick look at the reviews will help you decide if this is the exact course you are looking for. Sometimes the right approach is what is required to make a campaign work, this one might just work for you.
p.s. Enrollment for 5 Days to Your Best Year Ever ends on the 19th. There are various levels you can join the course at, but any level qualifies you for the Bonus Group. Just wanted to clarify just in case. Thanks again, and here’s the link to join one more time. [Full Disclosure: As an affiliate, I receive compensation if you purchase through this link.]
Hi Jamie, awesome content that is very helpful esp with the resources, links and the rich discussions. Want to start e-commerce and blog for money…selling others products, want to go full on with this, tired of the daily routine crunch working for others. I live in a developing country (PNG) that has high internet costs (work still in progress with getting rates down…) so will see how I go with your posts. Any advise? Don’t have a website yet, have to build one I guess….
Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. The two forms of marketing are differentiated, however, in how they drive sales, where affiliate marketing relies purely on financial motivations, while referral marketing relies more on trust and personal relationships.