The great strides made in
development of
Internet in
recent past has enabled information to be transmitted thousands of miles away with such ease and clarity that time and space are hardly of any consequence to
Internet Marketer today. Marketing Programs have literally taken over
Internet and riding high, is Affiliate Marketing.
According to
Computer Industry Almanac "The world-wide Internet population for 2004 was 934 million and
projection for 2006 is 1.21 billion."
Sean Michael Kerner in an article in Click Z News quoting a spokesman for eBay states "According to eBay their largest affiliate earned over $1.3 million dollars in January commission,
largest amount yet in their affiliate program's history. Their top 25 affiliates averaged over $100,000 per month each and
top 100 affiliates earn almost $25,000 each per month."
With this sort of statistics around, is it any surprise that thousands of entrepreneurs especially those Home Based Business entrepreneurs with very small marketing budgets are jumping on to
Affiliate Marketing band-wagon!
Given below are some of
Popular reasons for this desire and urge to do Affiliate Marketing:
1. Cost Factor: Most Entrepreneurs refrain from starting a brick and mortar business or for that matter a Home Based Business (non internet) because of
investment required. In Affiliate Marketing
set-up cost is negligible with most programs being free to join and
merchant even providing you with
tools, tips and websites.
2. Pick and Choose Products: With dozens of Affiliate Program providers and thousands of merchants having their own affiliate programs, there are several thousands of products to choose from. You name it they have it! In fact there are even Fortune 500 companies to choose from. The idea is to pick and choose your niche products and promote them.
3. No need for an Inventory. The hassle of purchasing, stocking of items and storing of finished items (in a production unit) and dispatching them are not there. There is no need to maintain an inventory. It is all handled by
merchant.
4. No need for Employees. In any business
wages of
employees is one of
major expenditures to contend with. Here
problem does not arise since
marketer himself will operate his home business and probably get
assistance of a family member to help him.