What is Affiliate Marketing?
So you’re new to Internet Marketing and you’re looking for a home based business and you hear the words Affiliate Marketing.
What is Affiliate Marketing?
Affiliate Marketing is when you promote a product for a merchant (the person selling their own product) and an affiliate ( a person willing to promote other people’s products). This means when someone purchases the products the affiliate receives a commission. These commissions can be from 10% - 90%. The average seems to be around 50%.
It is similar to networking marketing in that you are paid for one level or maybe 2 levels. It is not multi-level marketing. You are not building an affiliate team.
However, the sale can produce a lead for your network marketing business. This is accomplished by linking to affiliate products that are related to your network marketing opportunity if you have one (services, information products, books, training etc.)
Affiliate marketing has become very popular over the years because of its simplicity and low start up or investment costs. The opportunity tomake cash flow quickly without hours spent initially creating your own products. Adding affiliate marketing to your own network marketing creates an empowering model by generating income up front and at the same time developing prospects for your MLM.
It has now become so popular especially in this time of financial world crisis that people are setting up in an affiliate marketing business as a full time.
How Affiliate Marketing Schemes help Network Marketers.
By locating products and promoting products that are applicable to your niche market it can help network marketers gain extra income whilst they build their business.
How attract prospects to your pages? You do it by creating content, reviews, videos and audios. Often times the merchant or merchant company will supply you with the text and the web site ready to go.
With affiliate marketing you minimise the risks involved in setting up a new business whilst increasing your profits. By putting all your eggs in one basket you are not in control of the situation if the MLM Company gets shaky, as one did with me. The CEO was actually given a custodial sentence for tax fraud. This did not close the company but had a huge adverse effect on the con
fidence of the distributors.
By adding affiliate marketing to your network marketing business can generate cash flow to reinvest into your primary business. The merchant company is paying commissions into your bank account on a monthly basis and keep your business fluid until your residuals begin to kick in.
Get Started with Affiliate Marketing as part of your Business Plan.
Where and How?
Head over to www.Clickbank.com and join for free. They have over 10,000 products which you can promote and receive up to 75% commission. They have a complete system in place for you so you don’t need to worry about a website at this point. They have been aro
und for a number of years and have established an excellent reputation in the industry. There are various other schemes and programs that will be equally valuable to you as you develop your affiliate marketing business and begin to make money. Two more of my favourites are Commission Junction www.cj.com and ShareASale atwww.sharesasale.com
If you are looking for training in Affiliate Marketing head over to:
Affiliate marketing is also called Funded Proposal which shows you how to monetise your business whilst still attracting clients. This puts money in your pocket to help with your growth and advertising budget. There are a number of excellent places where you can learn more about funded proposals.
Affiliate Marketing is:
1. Pay for Performance by producing sales f
or the merchant. Regular monthly payments
made direct to your bank account or Pay Pal account.
2. A legitimate business and in some cases big business.
3. A long established business model. Amazon was one of the first in 1996.
4. Internet based. All tracking and processing is done through the Internet.
5. Open to anyone. No special qualifications and you don’t need to be an internet genius.
What it is not.
1. Creating or selling your own product.
2. Becoming a spammer.
3. About earning $20,000 over night Pardon my rants a little here , but in case you hadn’t noticed walking into the work from home/ make money on line can be like walking into shark infested waters.
Here’s the real scoop: There are no magic overnight success formulas. Sure there are people doing very well out of affiliate marketing but they have been working hard for some time and planning their campaigns like any other normal business. Fail to plan and you plan to fail.
Would Affiliate Marketing Suit You?
The profit potential of the net is growing at an amazing rate and the list of people who can benefit from becoming involkved in cyber commerce is getting bigger every day. Take a look at this resource Super Affiliate Handbook
So I invite your to join a great Home Based Business Opportunity to secure your financial future.
Let me point you in the direction that will help you build your Affiliate Business step by step.
Visit my website www.attractionmarketingandmindset.com and join my affiliate newsletter information group. You will receive regular hints and tips to help develop your affiliate marketing business.
Judith Atkinson
Your Partner in Success
judith.attractionmarketing@gmail.com
http://attractionmarketingandmindset.com
Skype:judith070942
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