Affiliate Marketing--Huh?

Written by Vickie J. Scanlon


Affiliate Marketing--Huh? by Vickie J. Scanlon www.myaffiliateplace.biz

In my search for a presence onrepparttar internet, I searched many avenues, but was finding more scams and dead ends than I would care to speak about.

It was one last scam and six months of my presence onrepparttar 102227 internet that I realized thatrepparttar 102228 only way I could possibly make a living onrepparttar 102229 internet -- and gain any amount of satisfaction --was to work for myself. Duh! But how? Affiliate Marketing seemed to berepparttar 102230 answer.

What is Affiliate Marketing?

Affiliate marketing isrepparttar 102231 promotion of another person's or company's product, in which you get a percentage ofrepparttar 102232 profit if a sale is made. That doesn't sound so hard, does it? Well -- it's doeable if you haverepparttar 102233 information you need to get you started in this field -- and it is work. So let me beginrepparttar 102234 enlightenment.

First and foremost, you need passion?

What is Passion?

Passion is a feeling that you have -- a feeling that is so strong that it is your driving force in doing it.

As you can see, passion is needed in any venture if you want to succeed. With passion, it will drive you forward throughrepparttar 102235 hard times,repparttar 102236 bad times, andrepparttar 102237 good times when developing your business.

This passion thing, I must admit, was my first stumbling block. I believed I didn't have a passion for anything -- and feared that maybe, just maybe, repparttar 102238 corporate world and it 70 hour work weeks may have consumed my passion.

However, I was not willing to give up. Not yet. I searched out sites, read articles, examined web sites -- in search of my passion. Then one day, inrepparttar 102239 middle of my research, I heard myself asking probing questions of -- Why? Where? When? How? My passion was found.

Affiliate Programs : Golden Opportunity or Waste of Time?

Written by Steven O. Ng


Now thatrepparttar idea of doing business overrepparttar 102226 internet has been firmly established, many potential internet businessmen are searching forrepparttar 102227 best way to do business. Usuallyrepparttar 102228 choice comes down to whether you want to set up your own business and online store, or sign up for an affiliate program.

First of all, let's define what we mean by an affiliate program. An affiliate program is basically an internet business set up by someone else. They could be selling physical goods, education, information or any other products that can be sold online. By signing up as their affiliate, you are helping them promote their business or store. In return, they will pay you a commission for each sale you bring them. The amount of commission varies between different affiliate programs. Examples of affiliate programs include Amazon.com and Wordtracker, which you can visit at:

http://www.onlinebiz-help.com/links/wordtracker.html

1) EARNINGS

So how does an affiliate program differ from starting your own online store? Let's start by looking atrepparttar 102229 potential earnings. (After all,repparttar 102230 main reason everyone wants to start an internet business is forrepparttar 102231 money). When you sign up for an affiliate program, you will be paid a commission for each sale you refer torepparttar 102232 online store. This commission can range from 5% to 15% for physical products, and possibly up to 50% or more for virtual products such as subscriptions and ebooks.

Onrepparttar 102233 other hand, if you start your own store, your profit can be much higher. For virtual products, your profit can be 100% of your selling price. After all, oncerepparttar 102234 newsletter or ebook is created, you do not need to spend any more effort. When someone buys your ebook, they just download it from your website. If you are selling a physical product, your profit depends on whether you are manufacturingrepparttar 102235 product yourself, or buying from a wholesaler or dropshipping company. Your profit in this case could easily be more than 40% or 50%.

So, if you only considerrepparttar 102236 potential earnings, starting your own business is more lucrative than joining an affiliate program.

2) LOGISTICS

However, money isn't everything (Or so they say). When you are starting your own internet business, there are a number of logistic issues you need to look at. Here are a few things you would need to take care of:

a) Create your website b) Design your product (if you are selling new products) c) Create your product (if you are selling new physical products, or any virtual products) d) Set up an online store e) Set up a merchant account or payment gateway f) Set up a warehouse or storage space (if you are selling physical products) g) Have procedures and staff ready to fulfill orders h) Set up an affiliate program to get others to marketrepparttar 102237 products for you i) Monitor for fraud j) Monitor stock levels

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