web analytics

Make Money, No Product Required

Isn’t it amazing that you can make money selling products, without having to handle your own inventory? The quicker you sign for an affiliate program, the quicker you can start making money!

Would you like to make money by selling products online? If so, do you already have a collection of products to sell? If not, do you have the money needed to obtain them? If you are like many others, who want to make money online, there is a good chance that you do not have the funds needed. After all, if you did, you likely would not be looking for ways to make money online. While you might automatically assume that it is impossible for you to make money online, especially if you don’t have any products to sell, it isn’t. There is good news. That good news is that you can make money, a substantial amount of money, even if you don’t actually have a product to sell.

As it was stated above, there are a large number of individuals who want to make money online; however, many think that it is impossible to do because they don’t already have a collection of products or they don’t have the money needed to make the purchases. Unfortunately, when this occurs, a large number of individuals just give up. You are advised against doing this. As previously mentioned, it is possible to make money online, even if you don’t have any products to sell. You can do so with affiliate programs.

Affiliate programs are programs that create a partnership with business owners and webmasters. If you are already a webmaster this is great, but if not you can easily become one. As you likely already know, a webmaster is an individual who owns and operates their own online website. Once you have a website and you find another business, which is running an affiliate program, you can enter into a partnership with them. This partnership is unique because you can both benefit from it. Affiliate programs work to help business owners increase their sales, but they also help webmasters generate extra income.

Although affiliate programs sound nice, you may be looking for more information. After all, with internet scams at an all time high, you can never be too cautious. While some affiliate programs are operated in different ways, they tend to be operated in similar matters. This matter involves the business owner creating links or banners for webmasters, just like you, to display on their website. Special tracking software, which is often referred to as affiliate tracking software, is used. That software will enable a business owner to determine exactly when you helped them generate a sale and how much that sale was. This sale will, in turn, generate additional income for you by way of commissions. The amount of money that you make will all depend on the affiliate program that you choose to join, but your commission is often a percentage of your sale. In some instances, can also be a flat rate amount.

When it comes to affiliate programs, one of the questions most commonly asked is “why?” As previously mentioned, affiliate programs allow you to make money selling a product that isn’t even yours. This means that you do not have to deal with any inventory. You also don’t have to ship any products to the buyers. In fact, you shouldn’t even have to communicate with your customers. Your affiliate partner, the one who is selling the product, will do all of the work for you. What could be easier than that?

Share
0 Comments

Basic Affiliate Marketing Relationships Work

Affiliate Marketing is a derivative of Internet marketing where the advertisement publisher gets paid for every customer or sales provided by him. Affiliate marketing is the basic for all other Internet marketing strategies. 

In this type of marketing, affiliate management companies, in-house affiliate managers and third party vendors are effectively utilized to use E-mail Marketing, Search Engine Marketing, RRS Capturing and Display Advertising for the success of the product. The web traffic can be traced with the help of a third party or own affiliate programs.

A lot of work is involved in this process. At first marketing by this method involved lots of spamming, false advertising, trademark infringement, etc. But, after the invention of complex algorithms and advance security this has been regularized to make it safer for doing business and shopping online. This even led to the better scrutinizing of the terms and conditions by the merchants. Affiliate marketing became more profiting with the opening of more opportunities but at the same time it also increased the competition in marketing.

Due to this pressure, in house affiliate programs for merchants became a thing of the past and were replaced by out-sourced programs. The companies that offered this service have expert affiliate and network program managers who have various affiliate program management techniques.  These affiliate networks have publishers associated with them who help them with the advertising part.

Since its invention, the affiliate network has been adopted by various businesses like travel, education, telecom, mobile, gaming, personal finance, retail, and subscription sites, the most common being adult and gambling sectors. In UK alone, affiliate marketing produced £ 2.16 billion.

The compensation methods used are Cost per sale (CPS), Cost per action (CPA), Cost per mile (CPM) and Cost per click (CPC). The first two are the more famous methods today. This is because in CPM and CPC, the visitor which turns up on a particular website might not be the targeted audience and a click would be enough to generate commission.

CPS and CPA have a compulsion that the visitor not only clicks on the link but also buys something or signs up for some service after it which proves that he is among the targeted audience. Only in the above case the affiliate gets paid. So the affiliate should try to send as much targeted traffic as possible to the advertiser in order to increase his/her returns and for this reason affiliate marketing is also known as performance marketing because it totally depends on the performance of the affiliate.

The affiliate team can be differentiated from a sales team from the nature of their jobs. The job of the affiliate team is to drag targeted traffic to a point and from that point it’s the job of the sales team to influence the visitor to buy the product or the service.

This is a very effective kind of method because the money is being paid only when results have been achieved. The publisher incurs all the cost except that of initial setup and development of the program, which is incurred by the merchant. Many businesses give credit to this method of marketing for their success.

Share
0 Comments

Article Marketing Builds Powerful Affiliates Sales Force

Words are a very powerful motivating factor and can make up an effective promotional article. A useful and powerful marketing strategy would be to use article marketing to build a large online affiliate sales force for your product or service.
Throughout history, the power of words can not be disputed. Words have brought about many dramatic revolutions and created havoc in bringing down powerful kingdoms and political alliances. The old adage that comes to mind is, ”the pen is mightier than the sword.”

Identify Your Target Market

Recruiting affiliates starts with a good understanding about your target market. This is the only way that you will be able to create effective and promotional articles. Remember that people are bombarded with tons of articles online all the time and are spoiled for choice. So, for anybody to use their valuable and limited time reading your article, it has to be great. The way to make an article appear great in the eyes of your target market, is to push all the right “hot buttons,” that will peak their interest.
To find out which hot buttons and hot topics will get your audience really interested, you will need to ask yourself the question; what turns them on about the subject you are covering? Do they want to make money online, or get rid of baldness with some magic solution that works? These are the questions that you must answer.

Give Before You Receive

Articles should give out plenty of valuable tips and information before you get around to asking folks to join your affiliate program. One very effective way of doing this is to create a regular ezine, and to ask people who are interested in getting more information to subscribe to it. This will give you an opportunity to communicate regularly with them. Research has proved time and time again that most people will not buy anything on the first encounter. They would rather purchase from somebody whom they are familiar with. Your regular ezine will cause your prospects to be very familiar with and chances of their joining your affiliate programs will be much higher.
Article marketing has a huge advantage over other conventional methods of recruiting affiliates. Usually most sites get most of their affiliates using links from their main site. The big disadvantage here is that they rely only on visitors signing up at their sites.
Top affiliate programs are a little luckier in that they usually get promoted at discussion forums where successful affiliates recommend them as good affiliate programs to join.
Article marketing has an advantage over all these methods mainly because of its’ viral tendencies. A single article can easily end up in tens of thousands of sites. The result is that the affiliate program will end up receiving colossal amounts of traffic from a wide range of different sites as potential affiliates. If performed properly, the sign ups of affiliates will be much faster and larger for article marketing, than with any other online marketing strategy.
Currently, promotional articles are hardly ever used to promote affiliate sign ups, and yet it makes plenty of sense to use them. Chances are, they will be much more effective in building up a quality affiliate sales force team.

Share
0 Comments

Multi-level Marketing Education Increases Wealth

Multi-level marketing is a business model where salespersons, sales consultants, distributors, and even franchise owners and independent owners work in harmony to increase the sales of the product, on commission basis.

Multi-level marketing is more like a franchise arrangement where the sale of the product depends on the combined effort of each franchise and regional manager. There are multiple levels of people receiving commission. Usually there are seven or more levels. Multilevel marketing is basically a combination of franchise and direct marketing.

This concept started in the 1980s when most of the companies started handling the stocking and distribution issues and started compensating all the individuals involved. This increased the interest of each member in promoting sales due to the chance of earning bonuses. Since then, the Multilevel Marketing companies have taken the responsibility of taking orders, shipping goods, and paying revenue. Things became easier with the transition to the Internet. Product promotion, advertising and sales were made online and hence, the whole process began to be known as online MLM.

There are various MLM compensations plans. According to the uni-level or stairway breakaway plans there are two types of distributors involved, managers and non-managers. According to the matrix plans, the width of each level in a distributor’s group is regulated. In binary plans, the limit of each level’s width has two legs. Commission was paid when both the legs reached a specific target. In an elevator scheme, the distributors pay a percentage after a certain number of units have been paid.   

The commissions are paid in two ways, the first says that the commission is paid only if the product is sold and the second type involves paying commission even if the customer just signed-up, it doesn’t require the customer to buy anything. Because of the second method illegitimate MLM or illegal pyramid started to arise. The intermediate members used to make proxy customer sign-ups to receive commission and they used to tempt the participant to buy more products than they can sell. But as most of these businesses present themselves as legal entities, precautions must be taken. It is better to approach businesses that follow the first method of commission, where it’s compulsory to make a sale and not just recruiting a customer. Here, money isn’t paid for a customer to sign-up at all. MLM marketing is being practiced all over the United States and in hundreds of other countries.   

In 1979, the Amway Corporation was accused of price fixing. They exaggerated sales claims, while their distributors sold the products at a minimum price. After that, FTC warned all multi-level companies whose commission was based on recruiting and not sales.

In 2006, all the business sellers including MLM organizations were asked to provide customers with thorough information, according to the Business Opportunity Rule introduced by the Federal Trade Commission, so as to save them from deception. Before that many motivating programs were started which hid the truth. Such programs were known as cult programs.   

Laws have been made stronger. As a measure, pyramid scheme is banned in most of the countries. All the newly hired salespeople have to bare the cost of initial training and material. They even have to buy a big amount of inventory. To test the legality of MLM marketing, the 70% rule is being implemented. The members are stopped from over-loading so as to increase their commission. Only when seventy percent of the inventory is sold, order can be made for new material.

Share
0 Comments

Increase Web Traffic with Affiliate Marketing

Affiliate marketing is a lucrative and exciting means to increase web traffic. The thing to remember with affiliate marketing is that you will likely never become rich merely by promoting other’s sites. However, you can use affiliate marketing to increase web traffic to your own site, actually being able to enjoy a nice profit.

Rather than put in a tremendous amount of work in setting your site up to make money, you should learn about some of the common challenges associated with affiliate marketing so you can make changes to avoid problems.

* Cookies – The way cookies work is that merchants will actually use them to determine where your referrals are located. Typically, once a person comes to your website, he or she will not make a purchase the first time. However, when these cookies become tagged using your affiliate identification even without a first time sale, you still get credit for the lead. To increase sales, you can actually use session and IP tracking along with cookies.

* Payment Options – Another challenge of web promotion using affiliates is that while customers love having a variety of payment options, it does not benefit the affiliate. The reason is that if a customer were to use a payment system from the affiliate and not you, then you end up losing commission. For this reason, you want to check out potential affiliates carefully to make sure you have a clear understanding of credit you would or would not get based on the way the payment was made.

* Phone Payments – Today, some web promotion can be done by using off line, pre-sales. While this does have some advantages, the problem is that without a standardized checkout process, there is no way for the sale to be tracked. Therefore, when talking to various affiliates, always ask about off line tracking.

* Links – Today, you can visit almost any website and see one or more affiliate links. Some will be subtle while others are very obvious. The problem is that some people become annoyed by affiliate links and will avoid them altogether, or if they want to go to the other site, type the address into the address field. Again, you need to talk to the affiliate to understand how you would be credited in cases such as this.

* Decoys – The bottom line is that for web promotion with affiliates, you should never use decoy products and/or services. The reason is that people will enter your website believing they are finding exactly what they want only to discover the product or service is not available.

* Website Structure – The more professional and easy to navigate your website is structured, the more the best affiliates will want to have a connection. Therefore, remember that web promotion and a successful online business always begins with a great site.

Share
0 Comments