Why is Affiliate Marketing Popular
with Home Based Business Entrepreneurs?
The great strides made in the development of the Internet
in the 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 the Internet Marketer today.
Marketing Programs have literally taken over the Internet
and riding high, is Affiliate Marketing.
According to the Computer Industry Almanac "The world-wide
Internet population for 2004 was 934 million and the 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, the largest amount
yet in their affiliate program's history. Their top 25 affiliates averaged
over $100,000 per month each and the 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 the Affiliate Marketing
band-wagon!
Given below are some of the 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 the investment required. In Affiliate Marketing the set-up cost
is negligible with most programs being free to join and the merchant even
providing you with the 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 the merchant.
4. No need for Employees.
In any business the wages of the employees is one of
the major expenditures to contend with. Here the problem does not arise
since the marketer himself will operate his home business and probably
get the assistance of a family member to help him.
5. Necessity for Customer Service does not arise.
Customer service plays a major role in the success or
failure of a business. The advantage here is that there is no direct dealing
with the customers. The website will automatically direct the customers
to the merchants.
6. Two Tier Affiliate Marketing:
An attractive feature of certain affiliate programs is
that they have a Two tier system, whereby affiliates can sign up as sub-affiliates
below them. When the sub-affiliate earns a commission, the affiliate above
him too earns a commission.
7. Income without a limit.
In a paid job the salary structure has a vice-like grip
over your monthly income. Here the possibilities are limitless. Though
it is not every marketer who earns a big income, the fact remains that
avenues are all there for the enterprising marketer to make it to the big
time.
8. Global Market Place.
You no longer need to restrict your market to your home
town or country. With your well chosen niche product you can sit in the
comfort of your home and target the Global Market.
9. Low Risk Factor.
The risk factor in Affiliate Marketing is so small that
it has become one of the major attractions for many Home Based Business
entrepreneurs especially for those with low marketing budgets.
10. Business works Right Round the Clock.
One major asset of Internet marketing is that your Website,
or in other words, your Home Based Business never sleeps. It works right
round the clock (24/7) making money from home for you.
Having indicated the above reasons for the popularity
of Affiliate Marketing, it has to be mentioned that statistics indicate
that only 5% of the marketers do make big money. It is presumed that there
are of course several thousands of marketers who make some money, thus
giving them an additional income.
As long as the top marketers in the 5% slab, continue
to make their millions and the latter continue to make reasonable amounts
of money and have the urge to emulate the top marketers, Affiliate Marketing
will continue to draw the attention and be popular with Home Based Business
Entrepreneurs.
Next Article:
Affiliate
Marketing - How to Start Earning Money Today
Finding your first product to affiliate with I would
suggest you go for a topic that you know something about. This will make
writing your Google Ad much easier. Search for a subject that you know
a little bit about.......
Site Path : Home
Business For Extra Money ==> Affiliate
Selling Online
| Stay At Home Business
| Affiliate
Selling | eBay
Work At Home | Network
Marketing Opportunity |
| Selling
Information Online | Small
Home Based Business | Home
Based Business Work | Free
Home Based Business |
| Home
Business Opportunity Online | Online
Home Business | Work
At Home Business |
| Internet
Home Based Business | Work
From Home Business | Home
Working Opportunities |
| Site Map 1 | Site
Map 2 |
(c) www.gotothings.com All material on this site is Copyright.
Every effort is made to ensure the content integrity.
Information used on this site is at your own risk.
All product names are trademarks of their respective
companies.
The site www.gotothings.com is in no way affiliated with
or endorsed by any company listed at this site.
The content on this site may not be reproduced or redistributed
without the express written permission of
www.gotothings.com or the content authors.
|