Have you been wanting to start your own business but are afraid of the risk? Considering that a large percentage of small businesses fail within the first year, your fears are well founded. However, there is a home based business that has the potential to earn you substantial money with little financial risk, and that is the business of Affiliate Marketing. |
Affiliate Marketing is simply an online version of serving as a commissioned salesperson where you market another company's products or services, and receive a commission for sales generated by your efforts. The great thing about this form of selling however is that you don't have to travel, or call upon people at their business location, and rejection is not an issue. Affiliate marketing is ideal for those that are creative, self motivated and not afraid of hard work. Your main task as an affiliate marketer is to send targeted traffic to a merchant's website, make sales and earn commissions.
Since there are literally thousands of affiliate programs and products to chose from, your hardest task in the beginning will be to chose affiliate products or services to market. Doing a 'Google' search will bring up literally tens of thousands of potential affiliate products. My suggestion would be to consider choosing an affiliate program that provides products or services that you know something about or have a keen interest in. The more passionate you are about the service or product, the better, as it will show forth in your marketing efforts.
When it comes to earning commissions, there are several ways that affiliate programs are structured. Some pay a one time flat commission on sales, while others provide the opportunity to earn income on additional purchases by referrals. Business opportunity affiliate programs offer the opportunity to earn residual or lifetime income. Some affiliate programs pay for leads as well. Before marketing any product or program, be certain that you understand the commission structure.
Once you have selected affiliate products, your next task is to drive traffic to your affiliate website. There are many ways to do this, some much more effective than others. If you have your own website, you can promote products that are closely related to what your site is about. Using a blog to promote affiliate products can also be very effective if the subject of your blog relates closely to what you are selling. For instance, if your blog is about personal safety, then you might want to consider selling personal safety products, books, etc. There are many other ways to advertise such as pay per click, ezine, etc., but these methods can be quite costly, and should only be considered if you have a good bit of online marketing experience. Affiliate Marketing is a relatively painless way for a person to try and earn money online. While it's not as easy to earn money with affiliate marketing as many would lead you believe, it is something that anyone can learn. Start out by visiting some forums and blogs that focus on affiliate marketing, and learn from people who have had success in this arena. Keep in mind if someone else can do it, you can as well. Start where you are today, never stop learning, and you will in time find affiliate marketing success.
Bill Thomas is actively engaged in E-Commerce and Internet Marketing. He also contributes articles on life, business and other topics. Bill is currently involved with a business that allows anyone to make excellent money without recruiting, sponsoring or investing large sums of money. Discover how you toO can earn money with the power of the 98% Solution.
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