Money is in the list!

One of the best ways to make money online is affiliate marketing. Affiliate marketing is promoting someone else's product and getting commission once you make a sale. It sounds pretty simple, but to take the full advantage of affiliate marketing you need to know some tricks.
One of the easiest way to promote affiliate products is to get the link of the product. Than create an ad and than pay some website to display your ad. This will cost you around 100 dollars a month. If you a are selling expensive product you can return your investment with two or three sales. This way is also the least effective. Because the customer doesn't belong to you. This means you can't promote similar products to the same customers. With this process you won't make a lot of money. I don't recommend this way of promoting.
The second way is using social media for promoting. If you have big social media accounts, with couple of thousands of followers you can make good money. You can put images on Instagram and Pinterest with a link. Once a follower clicks on the image he or she will be send to the product page. If you have big social media accounts, I recommend giving this method a try.
The third way is promoting affiliate products on your website. This means you write a review about a product or a book on your website. At the end of the review you put the affiliate link. This is the second most effective way. And if you have review based blog or website or Youtube channel you should do this.
The fourth way is the best way. The most effective way of making money with affiliate marketing is building and e-mail list. You make a squeeze page. On the squeeze page you can offer a freebie like 10-page report in exchange for an e-mail. Once you've got the e-mail address of a visitor you can send e-mails promoting different products. Also you can build a squeeze about a certain product and tell the visitor to give you his e-mail address if he wants to buy the product. This way is most effective because people who visit the squeeze page are already interested in the product you are selling. So there is high chance they'll buy the product. This also means they will be interested in similar products in the future. With this in mind if you have large e-mail list of around 10000 people you can make money on the demand. This process has one drawback. To get visitors to your squeeze page you need to buy traffic. Also you need to pay for the autoresponder. An autoresponder is a program that automatically sends an  e-mail to your subscribers.You can also set certain times and dates for the e-mails to be send. All in all an autoresponder is a very useful tool.
Affiliate marketing is not hard way to make money. But first you need to learn how to write good sales letters. Than you need to know how to make effective squeeze pages. And you need to have some for buying traffic and for an autoresponder.
For more on affiliate marketing, building a list and software that will help build effective squeeze pages follow my blog.