Since July 2014 I read for the first time about affiliate marketing, I never heard of this way of working before. Until then, I have worked in MLM (multi-level-marketing). Which wasn't that suitable for me. MLM is a very aggressive way of marketing, and you do need to harass everyone around you to join. That's not quite me. Affiliate marketing works very different. You write reviews about products of a company, and when people decide to buy something after reading your review, you get a few percentage of the sale. That's more my line of work.
Now that we’re in a new year, I’m excited to bring the income reports back, but in a completely different way—one that, in my eyes, is much more useful and interesting. I will still share numbers, and I will still share lessons, but instead of an overall business income report that shares a little bit of info about each income stream, we’re going to go deep and into the details of just one.
Here’s an example for you. One of our most successful WP Courseware customers provides training on how to work from home doing a very specific task and how to grow that income to full-time. She had done it herself and using the methods she teaches, she was making over $40,000 a year with just a few hours a week as a “part-time” job. So she knew what she was talking about and kenw that if people followed the steps they would make money.
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.[citation needed]
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