Could somebody please explain how does Affiliate marketing work, and how do people make money from it.
P.S: I need only answers no links to join some groups and thereby asking to pay certain amount to proceed. Thanks.
There are various types of affiliate marketing "techniques" to make money, but the most common way is to join a company’s affiliate program and start getting people to go to their website through link you may have on either a basic website, blog, or social media site etc… The links that you provide for people click on to go to an affiliate company’s site tell the affiliate vendor’s what web site sent them the customer and will track how much commission the affiliate marketer will get (which usually based on sales) and will send payment to the affiliate who directed the customer to them.
Many affiliates who are profitable at this business will use their websites to harvest emails "legitimately" first. They do this by providing good content on their sites that readers are interested in. They then will ask for an email address to which they might send a free e-book, have a newsletter to subscribe too, or perhaps have a very educational video that can be watched. Many good marketers will then send good legitimate content to their potential customers that is useful to them, then "soft sell" sell them a product that will give them a commission for sending their buyer to the seller’s site.
The Super Basic Steps of Affiliate marketing in 5 steps:
1. Put up a website
2. Sign up for an affiliate program that you feel has products that you have the ability to promote well
3. Add the affiliate links that are provided from the affiliate program you signed up with to your website.
4. Continuously work to Optimize your site to be found in the major search engines and get visitors
5. Find more products and keep promoting and building your site
Affiliate marketing is a REAL business. If you take it seriously and work hard at it, I honestly feel anyone can succeed. It’s hard work, but well worth it. I heard that 99% who attempt internet business of people never make any money, and it’s mostly because they quit too soon.
There are many books you can get at local libraries that can get you educated on the subject. I recommend watching YouTube videos by lisa3876, my wife says she was the easiest for her to understand the concepts and really excited her to try and get started.
By the way, when doing your research, be warned that affiliate marketing "educational" websites are usually trying to sell you something and can be VERY persuasive. Try not to buy anything if you can help it unless you are 100% ready to proceed and the seller has a minimum of a 30 day return policy so you have ample time to really review it. I’ve spent thousands on my education to build my affiliate business and can tell you that if you work at it consistently, it can be done.
Good luck!
Jeff Johnson’s http://www.UndergroundConfessions.com Affiliate marketing and Product Creation Part 6 of 13
This video is from Affiliate Summit West 2009, which took place January 11-13, 2009 in Las Vegas, NV. 
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http://www.covertoptin.com/m/showme.php?reffer=60827 Sorry about the clicks. Need a new mic, I think. I’m releasing this video to explain the POWERFUL new system that is COMBINING all of the powerful aspects of both affiliate and MLM marketing. You’re going to love this.
By utilizing “passive promotions” you can recruit affiliates even if you’re not a “big name” in your industry.