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Affiliate Programs - What Are They
The Carpet SweeperI once worked for Fuller Brush. It was a hundred years ago during my first marriage (the seventies). I ..... Affiliate Programs - What Are They
by Lois R. Thompson (c)
In recent years Affiliate Program marketing has taken the Internet by storm. Many surveys have demonstrated that Affiliate Marketing can be the most cost effective method to promote your website and quickly generate additional streams of income. For example, Forrester Research has rated Affiliate Marketing as the most effective of all online marketing methods.
Jupiter Communications claims that, "By 2002, 25 percent of the expected $37.5 billion in Internet retail sales, not including autos, will have originated on Affiliate sites."
Some of the giants offering affiliate programs are: Amazon, Barnes and Nobles, Microsoft, The Mail.com, and many smaller but well-managed companies.
Affiliate Programs offer a wide range of products and services, many of which are needed by All Internet marketers. The wide range of products and services offered by Affiliate programs are software, web hosting, auto-responders, marketing, art, books, e-books, music, movies, etc... Almost any type of product or service can be packaged and sold using an affiliate program. You'll find that many of the products and/or services needed to support your MLM are Affiliate Programs.
What Is An Affiliate Program'
Affiliate programs are also known as associate, reseller, or
referral programs. They are revenue sharing programs between
companies (the merchant) and individuals (the affiliate). An Affiliate can be likened to an independent contractor. Affiliates are basically self-employed people who are marketing the products and or services of another company. They are then paid by the company they represent for referring customers to the company's website.
This strikes a wonderful partnership between the company and the affiliate, offering a Win-Win situation for both parties. The benefit to the company in soliciting an affiliate to promote their product or service is, that they save in the cost of advertising. The benefit to the affiliate is that they do not have to develop their own product, stock inventory or worry about e-commerce, the order processing or payroll for that matter. It allows them to take an already developed product or service directly to market and focus on marketing.
Affiliate programs are fairly simple to work and will allow you to operate your on-line business much more efficiently while
increasing your income drastically.
The Best Affiliate programs, offer a Two-tier pay plan. First, you earn commissions for signing up associates on your first level, as well as earning additional commissions on their sales. However, if you find an Affiliate program which pays only on one level but allows you to earn residual income this is an excellent opportunity.
Developing Affiliate income is beneficial to you in that it builds a stable secondary income stream. For many people this could be the difference in income they need to maintain building their MLM into a profitable venture.
About 90% of people who try to make money from two-tier affiliate programs are missing it by simply signing up free, in hopes they will make money ......
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