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3 Replies Last post: Aug 24, 2009 12:48 PM by franklinb

Affiliate Marketing in a Nutshell

Aug 21, 2009 7:46 PM

Click to view REVMATRIX's profile Start-up REVMATRIX 1 posts since
Aug 21, 2009
What exactly is affiliate marketing? Affiliate marketing is the single fastest growth industry on the Internet. It's also true that affiliate marketing is one of the fastest and most creative ways to make money and have a career on the Internet.

Simply put, affiliate marketing is selling products on a commission basis. You own a business that advertises and sells products for other companies. You may have a product of your own to begin with or not. The things that a successful affiliate marketer must have are:

1. Your website is the jumping off point of all your marketing efforts. So the first step in any successful affiliate marketing business is building a good, credible and professional looking website. You must build a user-friendly website, which will attract your prospects and motivate them to click on the links to the products and services you are promoting and make a purchase. There are companies whose business is building websites that you can hire to build one for you.

2. You must find products to sell, you must be able to determine whether there is a demand for those products and if people will actually buy them. You may either have your own original product or products that are made by others. Which ever way you go, you must believe in the products.

3. It will be necessary for you to become an adept advertiser and be able to tell whether the advertising you are paying for is producing more income for you than the advertising is costing you.

4. It is necessary that you have good mathematical skills. You will need to be able to track your sales and determine profit, as well as, see to it that your suppliers are paid in full and on time.

5. You need the full and unwavering support of your family so that you can devote the time and energy necessary to launch your affiliate marketing business.
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Click to view MoveForward's profile Mogul MoveForward 148 posts since
Aug 13, 2009
1. Re: Affiliate Marketing in a Nutshell Aug 21, 2009 11:21 PM
I wish I had a great affilate for one of my websites. I work with LinkShare, Commission Junction and resently added PopShop. The hits are there the pennies are only in return.
Click to view LUCKIEST's profile SCORE LUCKIEST 8,131 posts since
Aug 6, 2007
2. Re: Affiliate Marketing in a Nutshell Aug 22, 2009 9:50 AM
Affiliate Marketing, Welcome

No matter how good the business system is, the business
must be one that "fits" you. It must be a business that builds on YOUR strengths
and
talents.
Achieving your dream: It
is good to understand your options and determine what is best for you.

The three basic options are:
1. Start a business from scratch
2. Buy an existing business
3. Purchase a franchise

I have just joined a group of Franchise Consultants. The
company specializes in helping people learn about many of the possible
investment choices that exist in today's market.

The services are free to you the prospective buyer. For more
info, email me at " pdeig@juno.com " and please include your phone number.
Thanks, LUCKIEST

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Click to view franklinb's profile Mogul franklinb 44 posts since
Aug 23, 2009
3. Re: Affiliate Marketing in a Nutshell Aug 24, 2009 12:48 PM
Very good basic defination and commentary. I especially ejoyed number 5:

_+5. You need the full and unwavering support of your family so that you
can devote the time and energy necessary to launch your affiliate
marketing business.+_

I totally agree and have experience with this part of starting an affiliate business. Years ago my wife and I had serious problems because I was like an obsessed mad man creating sites ane writing code, searching the web and joining new programs when I first started.

Truth is that she, and my kids, were the reason why I was doing this groundwork, but only I posessed the vision and inspiration, not them. Consequently they felt left out and lonely. I had to completely change up the schedule. I did not want to lose my family over it, so I made a schedule she and the kids could agree to.

They are all believers now and since I have taken them on some trips and cool vacations, they all respect the business now. Sure was worriesome then though, and I always counsel new affiliates to devote their time to family too.

The business consumes you because there is so much to do at first, and when you get that FIRST CHECK or paypal deposit, it gets bad again. You just have to have a good schedule they agree with!

www.bblmedia.com
Affiliate Marketing Resources

My first check came in early 1998 from Amazon and I think it was for $7.50 or so. Once I saw how it worked, I never looked back. I am still like that all the time, and I am a full time affiliate working from home.

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