If you like to work at home and want to make some income or get some easy money at home, then you need to think about affiliate programs. If you want to find out the nukes and corners of this work at home money making programs, keep reading this article.
There is a misconception that you need to sell anything to make money.You do not have to - but you can if you like to. Because affiliate programs are serious business opportunities, and the intention of this article is to cover all serious business offers, I feel I should tell you about them.
What are the advantages of this kind of business?
you don't have to have your own product, you don't have to bother with storing and delivering the product, you don't even have to own a web site your commission can be as high as 75% of the retail price with well targeted advertising, profits reach 100% of what you spend on ads. For each dollar spend on advertising you can earn $2. On the very same day! These features of affiliate marketing place it among the most popular Internet business opportunities. It can be a crucial step on your way to wealth. Every day you can earn several dozen percent of what you spend on ads.
How does affiliate marketing work?
The vendors want to sell as many products (or services) as possible. They are ready to give a significant part of the price to somebody who directs customers to them. In case of products, the affiliate gets paid once - just after the customer makes the transaction. But sometimes the product is a subscription or a membership program, and usually in such cases the affiliate earns a steady percentage of the subscription fee for as long as the customer keeps paying. This way a couple of dollars invested in advertising can yield a steady income that is several times larger than the money spend on that advertisement. This is a very profitable business, with profits reaching several hundred percent, and, what is very important, this method works very fast.
Why does affiliate business work very fast?
The cost of advertising is on the order of several to several dozen cents for each customer. Statistically, even if only one customer out of a hundred decides to purchase, several dollars spent on advertising - ON THE SAME DAY - turns into several dozen dollars of profit, and, if the product you advertised was a recurring service, you will receive this money every month (for as long as the customer keeps paying for the service).
Affiliate networks
The merchants and vendors that look for affiliates are usually members of some affiliate network. This makes affiliate business even more attractive and profitable - affiliates can promote products of all the merchants belonging to that affiliate network. The company that runs the network is responsible for collecting commissions and making payouts. The affiliate receives every moth (or every two weeks) a wire transfer (or a check) for an amount that is the sum of all his earned commissions. Joining an affiliate network is usually free, the only thing that you have to do is fill in an online form. Below you will find the biggest and most reputable affiliate networks. Commission Junction is the one the biggest affiliate networks worldwide. It offers thousands of products organized in many categories.
Affiliate Fuel offers about 160 affiliate products in various categories, and includes a unique conversion ratio indicator that tells you how an affiliate product is performing in the network.
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