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How
to succeed as an Affiliate on the 'Net
Author:
Van Lam
What
is an Affiliate?
When
a company has a product or a service that they wish to sell they
will often enlist 'affiliates' to do the job of finding customers
for them.
You
may know an affiliate by another name, for example: agent, reseller,
associate, communicator.
Once
the affiliate has managed to get the customer to make an order his
job ends. The whole process of handling the order, the collection
of payment, the shipping of goods, is done by the company (or distributor).
Who
benefits ?
This
is a tremendous arrangement for both sides.
The
distributor simply waits for orders to arrive and has no involvement
in the marketing phase. The affiliate simply gets a customer, for
example, to visit a web site and takes no further part.
Commission
is paid to the affiliate on the value of orders made.
It
is the power of the Internet with the possibility of cheap or free
advertising for a vast audience which makes reselling such an outstanding
business opportunity.
And
if you have your own website, where you have the luxury of posting
your own ads for free, then you have an effortless income-producing
system.
Two
things which make reselling even more exciting
If
the product can earn you residual income, for example a monthly
commission all the while that the customer continues to renew it.
If
you can recruit your own affiliates and collect commission either
for each affiliate or for the products that they sell.
What
should you look out for ?
Here
are some rules for checking out affiliate opportunities:
#1
The company
First,
there would be no point in generating massive commission on 'paper'
only to find that the company are unreliable, don't pay up on time,
or eventually fold.
Test
out the company first.
Make
an inquiry as if you were a potential customer. Study the quality
of their reply and of their literature or website.
How
quickly do they respond ? If their customer service is poor this
does not give much hope for the way they will handle their affiliates.
Are
they an ethical company, what guarantees do they provide for refunds
?
#2
The product
Is
the product an item which is in good demand ?
What
is the rate of commission ?
These
two factors will determine your potential earnings.
As
a guide commission should range from 25 to 50%.
#3
Assistance with promotion
Does
the company provide advertising material for their affiliates ?
In
particular do they provide a personalised web site ?
#4
The cost
What
is the cost of becoming an affiliate ?
This
can vary from
- completely
free
- paying
an initial one off payment
- paying
a monthly subscription
You
don't have to be deterred by affiliate opportunities where payment
is involved. These may offer greater benefits such as advanced promotion
techniques and commission which will quickly outweigh the payments.
For
example $30 per month may seem a high figure but if you regard it
as one dollar a day to have the company's products displayed 24
hours a day to the whole world on your own personalised web site
it could be viewed as the bargain of the century.
Can
anyone become an affiliate ?
Affiliate
opportunities are ideal for both experienced online marketeers and
for newcomers to the Internet. Here's why:
#1
Experienced online marketeers
If
you have an established web site the minimum that you need to do
is post an ad on your own site.
And
there's no need to stop at one product.
Providing
that you don't overload your web site with ads you could have many
- and you can monitor how they perform so that you can judge which
ones to give prominence to.
#2
Newcomers
One
of the first and most important skills you will need to use for
any online business is how to place adverts.
Here
are some of the things that you start to learn when you submit ads:
The
various locations where you can place an ad such as newsgroups,
forums, ezines, web sites: and the different rules and methods used
for each one such as frequency of posting and size of ads.
How
to post information to a mailing list or newsgroup for free but
using a signature file to promote your products.
How
to code your adverts so that you can identify where the response
originates.
How
to organise your mail files to handle responses.
How
to simplify your own systems so that you have standard replies to
common questions.
How
to set up autoresponders if necessary to take away the chore of
responding manually.
How
to deal with the unexpected (for example, even though you may clearly
spell out in your ad that a reply should be made to an autoresponder
many people will still reply directly to you).
By
taking on an affiliate operation you have an ideal opportunity to
practise these methods. This will provide the experience for whatever
online venture you plan as well as an excellent source of additional
income.
About
the author:
Van Lam is a business opportunity reviewer who speaks his mind and
shares his thoughts. He has written a new ebook called, "The
Hidden Secrets Revealed." Register at his Private
Forum for plenty of free products to download and to chat with
other network marketers.
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