–Making money through a referral system - Directing traffic to Merchant Website for a fee
Companies sell their products and services by generating leads through a referral system of marketing. They design what is called affiliate programs to enables its participant to make a couple of dollars off every products bought through referral from their website. The companies selling the goods in this way are called merchants and the participants are called affiliates. They depend on affiliate marketing to sell their goods and services. As an affiliate you refer customers by putting a merchant’s link on your website and direct visitors through intelligent presale copy on your website pages.
If you have a rich content site and you generate traffic from it, it is advised that you don’t just waste all the traffic that stumble on your site as result of your marketing effort, you should offer them alternatives if they are not looking for what you are offering. You use the affiliate programs as a second income generating avenue besides your primary focus i.e. your products and services. But you must make sure these ones are not competing merchant or you‘ll be asking your visitor to buy from your competitors rather than from your website.
Out of every 100 visitors to your site, it’s likely that only a small percentage will follow through and contact/hire you for your professional service. The others? Well, maybe they have slightly different needs. Perhaps they are looking for a lower-cost option or they are “just looking, thanks.” There are any number of possibilities why a visitor may not be an ideal candidate for your service.
You could, if you wished, let those visitors proceed merrily on their way. But why would you? After all, you worked very hard to get them here, right? So why not make recommendations for niche-related, non-competing products and/or services that may be more suited to the needs of those visitors? That way, your traffic is not wasted. Instead, it supports an additional revenue stream.
Do a proper research on five to ten non-competing but closely related website and join their programs. You will be amaze how much you can generate as secondary income stream. If you are interested in getting a list of affiliate website you can visit to do a research on non competing merchant, you can email me, I will send you 10 very solid ones and other research guide you should also use.