Simply put, Affiliate Marketing is by far the easiest way to earn money online, there’s still a learning curve. The affiliate cost of fulfillment is low. For example, if an affiliate promotes a digital training course, their cost to deliver someone their login details is virtually nothing. They get to keep a percentage of the profits, which depends on what is being promoted. Of course, there is some overhead, like the cost involved in placing ads. But compared to traditional business models (like running a brick and mortar business) those costs are a drop in the bucket.
And there’s nothing shady about getting paid a commission for connecting a company with a new customer. Many businesses operate this way. If you’ve ever bought a car, you’ve dealt with a commissioned salesperson. It’s a practice that’s many hundreds of years old; time-tested and still common today.
The only difference with affiliate marketing is that you’re not a salesperson. In fact, you don’t have to do any selling if you don’t want to. Because the website you’re placing ads for can do all of the selling for you.
Explained another way, say I develop a training product for business owners who want to know how to create their first website and start collecting leads.
So I have this product, and a website that explains all the benefits of the product and how someone can buy it. But I have no website visitors.
That’s where you come in. You become an affiliate for my business by joining my affiliate program, and your role is simple, to bring a potential customer to my website. That’s it!
One of the biggest lies told by online marketers selling traffic training products is that there is “free traffic.” All traffic has a cost. Even if there’s no financial output, you will spend hours of your time implementing your program and that is a cost because your time has value.
Most people start there affiliate marketing business want to make commissions, but don’t want to spend any money. It seems like a bad idea to spend money on something that may not result in a sale. So they decide to play it safe and focus on the so-called free traffic methods, such as Search Engine Optimization (SEO), getting videos ranked on YouTube, or getting articles ranked for high-traffic keywords.
Remember, no matter what you spend your time on, there’s always an opportunity cost associated with it.
While building your business, one of the most important questions you must ask is, “How much is my time worth?”
There’s such a thing as being too attached to your money in the beginning. I have bought countless courses that promised to show me how to generate free leads. To this day, I’ve yet to find one that actually delivered. So when you are starting out, use paid traffic.
Paid traffic gives you near-instant feedback. Instead of waiting weeks or months to see if your marketing is successful, you can find out within days, even hours.
Also, just about all the biggest businesses are built on paid advertising. So the next time you hear someone telling you they know the secrets to making millions of dollars online from free traffic, ignore them.
Now, despite what I’ve told you, you are still going to be tempted to go the “free traffic” route. Most people are, and it’s mainly because they’re terrified to lose money. They are afraid they will spend money placing ads, and then have nothing come back in return. It will happen to you. I can say with absolute certainty (or time, which is the same thing) placing ads, and get no results.
You will spend money on clicks that don’t make you any commissions. That is how you learn. The good thing about this is when your money is at stake, it will force you to learn more quickly.
If you want to learn properly, you have to get in the game and place some ads. Go spend a few dollars, it doesn’t have to be much. But spend something, even you are only comfortable with $5/day, that’s fine. The reason why some of the people don’t make money with affiliate marketing, a huge percentage never even go and place their first paid traffic ad or take any action.
Once you start making commissions consistently in your affiliate marketing business, your first priority is to duplicate yourself. If you want to keep increasing your earning each month, and scale into the many hundreds of thousands of dollars a year, you will need to hire other people to help you.
The first roles you will want to hire for are for anything that takes your attention away from sales and marketing.
For example, administrative work, like doing your bookkeeping and responding to emails, is something you want to get off your plate as fast as you can. The next role was for customer service. I would fine myself doing customer service work to save on staff costs. It is not easy to change a lifetime of conditioning about how to think about money. I knew I wouldn’t start doing much bigger numbers until I became comfortable paying out much bigger numbers.
Your next step is to create a sales team, which will be a game changer.
ONLINE BUSINESS TIPS AND OPPORTUNITIES
Affiliate Marketing is a great start for Making Money Online. But it does requires work on your part. So, if you are not willing to put in the effort involved in being successful, this is not for you.
Our goal is help you with Online Business Tips to either build your own Online Business or help those already in the Online Business to help you grow even larger.
Our job is give you great business tips and opportunities. Because it is not as easy as you are led to believe from others. It requires a lot of hard work, patients, sacrifice to become successful. It is a slow journey but if you are willing to put in the time and effort necessary in the beginning and don’t give up, you will see the benefits.
“Trust in the Lord with all your heart, and lean not on your own understanding; in all your ways acknowledge Him and He shall direct your paths.” (Proverbs 3:5-6) Placing Christ first and His word is my daily rallying cry.
At some point or another, many people have considered starting their own home business. Who among us wouldn’t love to be their own boss, set their own hours, and work out of the comfort of their own home? There are many points to consider, however, when starting your own Online Home base business.
Here’s are some useful tips:Dress for success. Working at home sometimes makes you feel as if you can sit around in your pajamas. You want to still dress like you are going into the office. This allows you to be productive and focused on your work.
Have a Marketing Plan. No matter what type of home business you start, you must have a marketing plan ready to put into action. Most every business today requires a relationship with the internet, and there are many marketing packages available on the internet as well as through local and national media. A successful business is never without a successful marketing strategy.
Take advantage of the signature line in your email program. Make sure it includes the link to your website. This simple act can generate numerous sales. All email correspondence with customers, should include this link so that they can easily find their way back to your website to purchase more product.
If you are just getting started with your home business, make contact with your friends and family. Let them know what you are doing. Word of mouth business can be very powerful, so simply letting them know of your plans is helpful. Consider offering them a discount on your product to get them motivated to purchase something.
Join Online Forum. A good way to gather information on running a home business is join an online forum on the topic. This way, you can connect with other home business owners and converse about your situations. Many people who work from home will have the same issues and problems as you, so you can share solutions.
Promote your home business. By offering a coupon for a free sample or a discount for your services. People are attracted to free offers, so this is a good way to bring in new customers. People are more willing to try a new business if they do not have to risk their own money to try it.
First you should explore the type of business which would appeal to you most. Assess your goals, interests, and capabilities. The most important aspect is that you must enjoy what you are doing day in and day out. Successful entrepreneurs are the ones who feel passionate about the business they own. An entrepreneur cannot feel passionate and driven to success if they do not enjoy what they do!
Utilize social networking to the best of your abilities and then some. If you aren’t using social networking within your home business, you are losing out on a great communication method that is used by countless businesses today. Social networking improves your communication, visibility, and even your reputation within the target group you have chosen.
Write your way to a home based business. If you enjoy writing, and have plenty to say consider a business in article marketing. You can make money by writing content for the internet. You can write at your own pace and market your skills anywhere you want. There is huge potential in article marketing.
The idea of starting a home business is appealing to many people, and rightfully so. Starting a home business need not be as daunting as it might seem. The more you have thought out the steps needed, the better prepared you will be to make a success of it.
The Time is now to take action!!!
Is what your doing now benefiting you and your family? If not, then it might be time to change the program. Let us help you to get started!!! FIVE MINUTE PROFIT SITES