How to Building Your Business-Affiliate Marketing
Meriam Webster defines affiliate as a : to bring or receive into close connection as a member or branch b : to associate as a member
Both apply to being an affiliate in an online sense. When you become an affiliate for a program you become a branch of the particular business that you have joined but at the same time you are also a member.
Now the beauty of affiliate programs is that you can have products from a wide variety of vendors without having to create them or store them. You do not need to carry an inventory or handle any of the delivery problems.
All you have to do to fulfill your part is to send people to the program and let them handle the sale, money collection, delivery etc. For this you will receive a commission that can vary from about 3% to 75% depending on the product.
If you are looking to sell physical products you can use services like Amazon, Commission Junction, Linkshare or many others. Most physical products pay between 3% and 10%. If you are looking to sell digital products there are literally thousands of products available. Clickbank and Paydotcom are two of the largest programs which will allow you to sell other people's digital products.
We are going to look at the equipment you need to seriously run an internet business. There are some things that you absolutely must have and other things that you will want to get down the road.
The idea is pervasive online that you can earn huge amounts of money with little or no effort. This is a myth.
You are building a business and all normal business principles apply. You need to budget, keep records, and plan where you want to go. The internet can help to cut the time frame that it takes to achieve profit but it does NOT change the basics of building a successful venture.