Thursday, March 6, 2008
How To Create a Win-Win-Win Situation With Affiliate Marketing
When contemplating the possibility of pursuing affiliate marketing on the internet, all too often we feel that in order to be successful, we will have to do something shady or dishonest. The great news is that affiliate marketing can be a WIN-WIN-WIN situation! That s right, a win situation for three parties involved. It s really quite simple. In any sales transaction that takes place that is facilitated by affiliate marketing, there are three parties involved: the producer of the product, the buyer of the product, and you - the internet marketer. All you have to do is choose what product or products you would like to market. This is the point where you can ensure your sense of propriety by selecting quality products. After you have done that, everyone wins when a sales transaction occurs. The producer of the product wins because someone has just purchased their product and they will receive a profit from the sale. The buyer wins because you have helped connect them with a product that meets their needs. You win because the producer of the product shares a generous commission with you for bringing in the sale. Typically these commissions are 50% and can often be as high as 75%. In my opinion, the biggest winner in this scenario is you, the internet marketer. You win in a variety of ways. To begin with, you have found the ideal business. You get to earn a supplemental income without the headaches of maintaining inventory and delivering product. All inventory and product delivery functions are handled by the producer of the product. All you have to do is connect a buyer with a product that he or she needs. Additionally, your bookkeeping tasks are minimal. As a matter of fact, there are hardly any bookkeeping tasks required of you at all. You simply receive a check on typically a bi-weekly basis from the affiliate sale processor that you have signed up with. If you have utilized only free methods of promoting the product, then your check is income, plain and simple. If you have incurred any expenses, then you subtract your expenses from the funds you have earned to arrive at your net income. If you have ever considered affiliate or internet marketing, then I would encourage you to learn more about it so you can make educated decisions for yourself. For additional information, peruse through the articles posted on my blog at wantmomoney.wordpress.com. Simeon Calhoun is a freelance writer and online entrepreneur. Did you find this article on Affiliate Marketing helpful? If so, visit my Affiliate Marketing Blog at http://wealthy-affiliate-marketing-review.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment