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In simple words affiliate marketing is a fabulous way of making money online. It's a technique where other publishers and websites promote your business who is also known as affiliates. This is usually performed in exchange as a share of the profits. Various advertisers provide different types of affiliate programs that include pay per click, pay per sale and pay per lead. The various marketing channels used for this kind of marketing include search engines, content sites or e-mail lists. As soon as you join an affiliate program, you have to enter into an affiliate agreement.  That explains you the necessary requirements you need to meet and how the click-through, lead generation or sales are tracked.

This is a Guest Post by Sunil. Sunil owns over a dozen profitable niche websites and is the author of “How to Go from $0 to $1,000 a month in Passive and Residual Income in Under 180 Days All in Your Spare Time“, a FREE report you can download instantly from his Extra Money Blog, where he discusses expedited wealth building through entrepreneurship, personal finance and internet marketing. In 2007, he sold his ecommerce website for $250,000 to a top Ebay Power Seller and since then has sold several niche sites for five figures each. You can read more about him and his work on his blog.

Affiliate marketing is one of the simplest ways bloggers can monetize their web properties. By simple, I mean it is relatively easy to implement. However, do not confuse simple for easy. Making money from affiliate marketing, or in general online is anything but easy.

Affiliate marketing refers to the marketing and sales of products and services that you do not personally own, thus the title of an affiliate. When you are an affiliate of a particular company, you are given permission by that company to sell its products and services in exchange for a commission payment.