10 Reasons Why Affiliate Marketing Will Be Your Last Career
An increasing number of people want to start their own business and work for themselves. And who could blame them? Having to answer to someone else day-in and day-out can drive you crazy! Most of us dream of winning the lottery and finally getting to tell our boss what we really think of them. It’s an exciting prospect to answer to no one.
If and when you decide to work from home, you probably will think of starting a small business and selling a product or service. But that can be risky. Many people believe that a business from home is somehow easier to operate than opening up a brick-and-mortar storefront. That’s simply
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Affiliate Marketing on the other hand is a little different. Your goal from home is to promote the products of other businesses online meaning your customer base is potentially the entire Internet. Let’s discuss 10 reasons why being an affiliate is an exciting and profitable work-at-home business opportunity.
1. Low Start-up Costs
When starting a home-based business, you are going to invest some time and money to get up and running. You need to register a business name, get a business bank account with cheques, hook up a business telephone and FAX
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Joining a merchant’s affiliate program is free and you can leave at
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2. No Product Development or Warehousing
As an affiliate, you will be promoting the products of other companies. Therefore, you don’t have to design and develop your idea into a working product which can take a great deal of time and effort. You won’t need patents or have to find suppliers and buyers nor will you have to test or market the product to target consumers.
By promoting products already in demand online,
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3. Open 24/7
When you have a business, you earn income only when you’re working and open to customers. And because you can only work so much, there’s a limit to how much you
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4. High Product Diversity
There are millions of products online that you can promote and make commissions from. If a merchant you’re affiliated with happens to go bankrupt, you don’t go down with the ship like you
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Almost everything you can imagine is being sold online and the merchant may be looking for affiliates (even if they don’t discuss it on their website, most businesses are open to providing a finder’s fee for new customers). And because there’s so much product diversity online, you can most likely find the right mix of products to promote to your customers.
5. Lower Advertising Costs
If you’re running a business, you’ll need to advertise your products and services. Offline advertising can become very expensive and rarely targets your market. Most
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If you take out an ad in the Yellow Pages, you’re locked into a contract for an entire year limiting your ability to adapt to market trends. Your ad most likely will become a generic box with a phone numbe so that’s applicable for the entire year. As an affiliate you have a great deal of flexibility in how you promote your website(s) and you’re rarely locked in to a long-term contract. You can find related sites and pay for link inclusion
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6. Speed
Let’s face it, businesses that can capitalize on market trends first are the ones that succeed. Affiliate Marketing allows you to follow customer demands for new products and technologies. Let’s use an example of a new, revolutionary diet being talked about today on Oprah. Within hours, you can quickly set up a website and be promoting the diet, ready for customers searching for it online.
This is something you could never do if you had a product line or service.
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7. No Customer Support
Okay, this one is my favourite. It’s not that I hated talking to clients. It’s that talking to them took me away from everything else in my business. And let’s face it, most customer support is answering basic annoying questions that the customer should have read on the FAQ page before calling.
The thing is, when you run a business, customers are your life blood - the things that make your business a success.
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8. No Sales, just Pre-Selling
Some people are just born to sell. They love putting on a smile and hitting the pavement to make a deal. Not all of us are like that however. Affiliate Marketing can be the answer for the those non-salesman types because it requires no face-to-face selling. You don’t have to meet clients at coffee
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The merchant you’re affiliated with does the selling because it’s their product. They handle payments, returns, refunds, and exchanges and you just bring them customers. Affiliates pre-sell and ‘warm’ the customer up to get them interested in the product so that when they get to the merchant, they convert and buy. That’s all you have to do!
9. Potential Residual Income
If you open a small business, you’ll most likely earn income when you deliver a product or service to your customer. It’s like working 40 hours a week and getting paid for 40 hours. This is known as linear
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While many affiliate programs offer a single finder’s fee where you’re paid once for bringing the merchant a new customer (CPA = linear income), an increasing number of merchants are offering residual income (lifetime commissions, passive income). Residual income allows you to earn commissions for effort you did in the past with no additional effort. So, you continue to earn commissions with no additional work for as long as the customer you sent to the merchant,
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10. Work your own Hours
The best part of Affiliate Marketing is the ability to work when and for how long you want. There’s no ‘business hours’ to worry about and no clients to meet during that time. You no longer need to be sitting at your desk from 9-5pm just in case someone calls. You have the freedom to work at anytime during the day, even sporadically with a few hours here and a few hours there. Being an affiliate allows you to
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In Conclusion
Affiliate Marketing is now a viable business opportunity for those of us who wish to work from home, even those with little or no Internet knowledge. You can quickly and easily affilaite with a merchant and start promoting their products. If you’ve been considering Affiliate Programs, dive right in and start earning income from home. You have nothing to lose and so much to gain.
Curtis Kopeschny, B.Sc. is a successful Affiliate Marketer dedicated to helping others earn the money they want from home! He has
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