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Are You Giving Away Your Affiliate Commissions?
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affiliates that generate a large percentage of sales on the web.
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I've been taking a close look at a lot of the MLM success type advertising that people do for MLM online. And to say the least, it's amazing.
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Benefits of Being an Affiliate Marketer
Copyright 2005 Patric Chan
Affiliate marketing has become one of the most effective ways to
advertise online.
It is also one of the easiest ways for anyone with a website to
make a profit online. Affiliate Marketing is an agreement
between a merchant and a website owner.
The website owner, or the affiliate, allows the use of their
site for the promotion of the merchant's products by linking to
the merchant's website. In exchange, the merchant pays a
commission to the affiliate on all sales generated by the
affiliate. Every time someone clicks on the link on the
affiliate website and proceeds to make a purchase, the affiliate
gets a commission. The merchant will pay the affiliate only when
a customer clicks on the product link and makes a purchase.
Affiliate marketing programs are described as a win-win
situation for both the merchant and the affiliate because of the
pay-for-performance scheme. Both the merchant and the affiliate
enjoy some benefits in affiliate marketing.
There are many benefits on the merchant's side. It gives the
merchant a wider market in which to advertise a product or
service. Affiliate marketing will give the product or service
the maximum exposure that it may not get with other traditional
advertising techniques. The more affiliate sites a merchant has,
the higher the traffic, which can convert to sales. Affiliate
marketing is the equivalent of having an army of sales people
who will do the advertising and will only get a commission if a
customer purchases.
Meanwhile, since an affiliate marketing relationship is a
win-win situation, the affiliate also enjoys many benefits.
Foremost among these is the easy way to make a profit. The
affiliate can earn by having an ad or link to the merchant's
website, which prospective customers will hopefully click and
proceed to make a purchase. As soon as the customer clicks on
the ad on the affiliate's site, is redirected to the merchant's
website and goes on to buy that particular product, the
affiliate earns a commission. The more referrals there are the
more profit for the affiliate.
Affiliate marketing is an excellent way to earn money while at
home.
There are virtually no production costs.
The product is already developed and proven by the merchant, and
all you have to do to find, as many prospects as you can
that
will bring in the profit for both the merchant and the affiliate.
Affiliate programs are usually free to join, so affiliates do
not have to worry about start-up costs. There are thousands of
products and services you can choose from. You can find
affiliate programs for every product under the sun. Surely,
there is a product or service out there that is relevant to your
website.
In addition, there is absolutely no sales experience necessary.
Most affiliate programs offer excellent support when it comes to
providing marketing material. The simplicity of affiliate
marketing allows you to be an affiliate marketer at the least
cost and the most comfort. You can even build a successful
affiliate marketing business right in the convenience of your
own home.
In affiliate marketing, your responsibility is simply to find
prospects for the merchant; you do not have to worry about
inventory, order processing, and product shipping. These, along
with customer service support are the duties of the merchant.
Because of the global reach of the internet, you can easily find
thousands of prospects. You can intensify your advertising
campaign by exploiting more aggressive and productive strategies
such as viral marketing. By attracting more prospects, you also
maximize your potential to earn.
Another benefit of an affiliate marketer is the minimal risk
involved. If the product you are advertising is not making money
then you can dump it and choose another. There are no long-term
binding contracts tying you to products that are not making
enough money.
All the same, the best benefit of being an affiliate marketer is
the opportunity to increase your income; and you can make a
profit even if affiliate marketing is only a sideline business.
With your own affiliate business, you can earn easily earn extra
income, although you do have to exert effort and use your
imagination to maximize your earning potential.
Indeed, affiliate marketing is one of the simplest and most
effective business opportunities on the web today.
About the author:
Patric Chan is a direct response expert, internet infopreneur,
international speaker and author. His latest product, Online
Niche Secrets Audio Course reveals how he started an online
niche business and makes it profitable in less than 48 hours at
http://www.onlinenichesecrets.com
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