Affiliate programs have become very popular because of their potential to generate substantial, and even lavish, income in a relatively short period with little investment cost. Their fame has become so big that they are being credited as one of
main reasons for
resurrection of
online business community after
dotcom bubble burst.But what are affiliate programs? Simply put, affiliate programs, or associate programs as they are called in some circles, are web merchants who pay other websites a commission for either of two things or both:
When
affiliate website generate traffic for
web merchant;
B. When
affiliate website helps sell a product offered by
web merchant.
Now, why is such a set-up with affiliate programs a lucrative option? Well, first, all you really need is an online presence, i.e. a website, and some selling skills. You don’t have to pay anything at all. Second, there is no limit as to how many affiliate programs you could join, and there is definitely no maximum cap for how much you could earn. Third, when everything is set, a semi-automated process will be in place that would allow you to potentially earn even if you’re busy with other things.
But despite all these favorable things that can be said about affiliate programs, not that many people have decided to take
plunge. Their hesitation most probably stem from
customary notion that nothing enormously profitable can be gained with little work. Also, they may be of
belief that affiliated programs are too complicated to understand.
They’re wrong on both counts, and you could use this to your advantage by joining affiliate programs while
industry isn’t that saturated yet. Hereunder is an overview on how to start a relationship with an affiliate program, and how to make
most out of it. It is presented a la a cookbook recipe to let you know how easy it is to master.
THE 20 MINUTE AFFILIATE PROGRAM RECIPE
INGREDIENTS:
1 or more web merchants who offer good commission schemes 1 or more sellable products 1 or more websites where you could promote your affiliates 1 web builder program (i.e. Frontpage, Dreamweaver, or even MS Word) 1 payment method plan (i.e. Paypal, Stormpay, etc.) some writing skills
OPTIONAL SEASONINGS