Ups And Downs Of Affiliate Marketing

Try performing a search on Affiliate Programs in your favorite search engine and you will probably see an enormous number of search results. There are literally thousands of companies offering Internet marketers the ability to make money promoting their products. Basically, an affiliate program is where you promote a company's products and when someone makes a purchase using your affiliate link, and then the company pays you a percentage of the profit. Your percentage can be anywhere from 1% to 50% and higher in some cases. Information products typically pay higher percentages but vary from company to company. Even if you choose to use affiliate programs as your only source of online income, you should still have your own website. This allows you to provide information to your visitors regarding the products you are promoting and more importantly, allows you to capture their email address. You can then send them future emails that promote other affiliate programs you are involved in. Advantages of affiliate programs are numerous. Many affiliate programs allow you to start making money almost as soon as you sign up. The affiliate program itself handles all administrative tasks such as customer support, payment processing, product delivery, and refunds. You simply send potential customers to their website and collect your checks. Also, you don't have to develop a product; the company operating the affiliate program has done that for you. The quality affiliate programs will provide you with all the marketing tools you will need to promote their products. You have access to marketing articles, email scripts, and even ebooks you can offer your prospects with links to your affiliate ID contained in the ebook. Affiliate programs also have their pitfalls. One problem is that all affiliate programs have many affiliate marketers. You are competing against these marketers for the same product. You may have to work harder to overcome this type of competition. Another problem is that you don't have affiliate marketers working for you. When you have your own product with your own affiliate program, you have affiliates promoting for you allowing you to generate much greater income. You should also be aware that there are some dishonest affiliate programs out there. Do some research and see if you can find any bad reports on the affiliate program you are interested in. Also, start by only selling one or two of their items and make sure you receive your checks before you spend a great deal of time promoting this program. Participating in affiliate programs can be a great way to make money on the Internet, especially if you are just starting out with an online business. You should make it a goal to eventually develop your own affiliate program to maximize your income. Just be sure to practice due diligence to minimize your risks.