Affiliate programs have been used by some of the most well known and profitable internet businesses to make their millions. Amazon.com and ebay.com are just two examples of websites that have used affiliate programs in a BIG WAY to make money online.
Affiliate programs are programs where you pay other people to grow your business. The idea is that you pay them a fraction of the profits you make from the sales they give you so that you are always in profit.
For example, some affiliate programs offer to pay affiliates $5 for every time they sell a copy of their $10 eBook through their special affiliate tracking link. As long as the product and the management cost less than $5 per eBook to maintain then you are still in profit and are gaining customers you wouldn’t have had otherwise.
With affiliate programs the advantage is that you will always make a profit from your investment in them if you do it right. If you pay your affiliates a commission per sale then you are only ever paying someone to benefit your business and at a profit. You will never be paying anyone to benefit your business and not get your investment back with a profit.
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