Affiliate Marketing 101: 4 Steps for Beginners

While affiliate marketing has been an often discussed and frequently misunderstood component of e-commerce since coming of age nearly 15 years ago with Amazon.com’s affiliate programs, the industry has seen a great growth curve over the years. Forrester Research estimates the affiliate marketing industry will grow to $4.5 billion by 2016 as companies continue to grow online revenues and scope out new opportunities overseas. Clearly, there’s money to be made with affiliate marketing, and if you own almost any type of website you can potentially earn monetary commissions by referring visitors of your site to the sites of merchants with whom you are affiliated.

So, what do you need to know and do in order to become a successful affiliate marketer? Just as one doesn’t open a store without first identifying the kind of merchandise to be sold or the location of the business, an affiliate marketer doesn’t just build a...

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