Pros and Cons of becoming an affiliate
There are many advantages to becoming an affiliate for a company
and earning a commission for sales. One of the obvious ones is
you don't have to create your own product! Here is how the
affiliate business works:
You first sign up with with a company after a little
investigating to make sure they have good products, their
commissions are good, and they are honest and will actually pay
you when the sell is complete. After you find a good company to
work with and sign up, you will be given a affiliate link. This
is how the company identifies you and makes sure you get paid
for your referrals. Then you need to get people to click on this
link and they will get redirected to the company's website. If
the customer buys a product, you get paid a commission. If the
customer decides to come back later and buy, don't worry! The
websites software will keep track of them and you will get paid
even if they come back moths later. Commission is between 1 and
100%, and its pretty common to get 50%. If you plan to only work
affiliate programs some of the time, or make it your main focus,
you need to have your own website! Now matter what your selling
on the Internet you need to be capturing the emails of your
customers. That way you can send them future promotional emails
to sell the affiliate products. This list can be a great asset
to you that you can only get if you have your own website.
Pros of becoming an affiliate:
You can start making money right away! Because the company takes
care of everything for you but the marketing, you can put all
your focus on making sales. As soon as you can get customers to
their site, you are making money.
You can make more money per sale than they do. Good affiliate
programs can pay 50%. This is actually a pretty good deal for
you because other business expenses come out of their profits so
you end up making more money from the sale then they do! Alot of
the time a good company will provide you with all the marketing
materials you need including pre-written emails, reports, ads,
etc.
The Cons of become an affiliate
You are competing with other affiliates for sales. Other people
out there are doing the same thing you are! You need to watch
out for dishonest companies, or you could end up wasting a lot
of time and money.
You can have your own affiliates so there is no way to increase
the value of your efforts like you could if you were selling
your own product.
Becoming an affiliate can also be a great way to break into a
market before releasing your own product.It is also a great way
to make some money if you already have a large email mailing
list.
If you are looking for an unlimited income, you may want to
consider developing your own product!
Best Wishes! Maranda Mann
Want to learn how to make a website, create your own product,
and tons more absolutely FREE?
Get over 12 hours of video and a 120 page E-book Get your FREE
course http://www.internetprofitmentor.com