People always look up to other people for inspiration. One of the stories that inspired me to begin blogging and to explore internet marketing much further is that of Ashley Qualls, a 17 year old girl who built a million dollar company in the internet. Be inspired by her story in this short youtube clip. You can also read about Ashley Qualls in a previous post. I wonder what she will do with all her money at that young age. Go figure :-) … [Read more...]
An introduction to Affiliate Marketing
Affiliate marketing is one way of earning from the internet. It is defined by Wikipedia as “a web-based marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate's marketing efforts.” To put it simply let’s say A has a product that he wishes to sell on the internet. So he invites people like B, C and D to sell his products. B, C and D then post details of A’s product in their respective websites or blogs. Usually A provides them with free advertisement materials such as banners, HTML codes, preformatted email letters, Java script codes etc. B,C and D are called “Affiliates of A. If A makes a sale or if a visitor is referred to A’s site by B, C or D’s blog or website then B, C or D is given a certain form of compensation by A. There are different kinds of compensation schemes in affiliate marketing. The most popular one being Cost Per Sale (CPS), the others are Cost Per Action (CPA), Cost Per Click (CPC) and … [Read more...]