The Advantages Of Affiliate Marketing
For people who know that they want their own online business, and a full time career working from the comfort of their own homes, affiliate marketing offers a wonderful solution. Often, people know that they want to be in business for themselves, but they don’t have any ideas for a product or service to offer, and even if they do have an idea, they don’t have the funds or the ability to create the product or service.
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With affiliate marketing, the greatest advantage is that you don’t need your own product or service. You simply promote someone else’s products or services for a commission of the sales. There are generally no start up costs, and no overhead, other than the need for a computer with an Internet connection.
Other costs are minimal, at best, and include the cost of an autoresponder, a domain name, and a website. An affiliate marketing business can literally be started for under $100, if you already have a computer. Starting a full blown internet business, on the other hand, where a product or service must be created, can cost thousands of dollars.
Even after a business is started, the cost of maintaining the business and serving customers can become astronomical! The headaches of running such a business become intense as well.
With affiliate marketing, you can avoid all of that. Delivery of the product or service is someone else’s responsibility. Running the business is someone else’s problem. All of that overhead is someone else’s concern. All you have to do is market the product or service.
You will of course need to keep your own records regarding your income and expenses, but when it’s all said and done, your job is simply to market the product or service, and to let the company handle the rest of the work. You also won’t have to deal with refunds, even though such refunds will affect your affiliate commission.
Another advantage of affiliate marketing is that while it is desirable to have your own domain name and website, it isn’t required. You can market affiliate programs without a website at all, using free blogs, writing articles, publishing your own newsletter, and purchasing ezine ads – all of which will direct potential customers to the affiliate sales page, through your affiliate link.
©2009 Captain-Affiliate.com All Rights Reserved.
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10 comments
Ric Raftis - Follow this person as @RicRaftis on Twitter
on March 11, 2009 at 5:24 AM
Great post. I don’t think there are too many marketers on the net that didn’t start out in the affiliate area. It’s a great proving ground and gives you a good insight into how to look after your own affiliates when you eventually do start marketing your own products and have your own affiliates.
Cheers,
Andre Arnett - Follow this person as @learningaffil on Twitter
on March 11, 2009 at 6:21 AM
Hey Captain,
Thanks for for a great post. Affiliate marketing is a great way to get started on the internet. It feels really good to look at your account and see that you have made a sale. It gets the juices flowing and makes you work a little harder. And you understand then that this can actually work.
Andre Arnett’s last blog post..Well Mr Twitter, Where Do We Go From Here?
Mike Paetzold - Follow this person as @mikepaetzold on Twitter
on March 11, 2009 at 6:59 AM
Affiliate marketing is probably the least expensive way to start a business online. The processes are simple but not easy. It does take focus and effort but the rewards can be great.
Mike Paetzold’s last blog post..Are you smarter than a turtle?
Jason - Follow this person as @jayrob1 on Twitter
on March 11, 2009 at 7:19 AM
Hi,
Just wanted to add an advantage i think is worth a mention, its the amount of products available to you at no cost. So even if a certain product isnt doing very well for you, it wouldnt be hard to change it for another one that does and remember to test, test, test.
Jason Robinson
http://www.reselldigitalproducts.com
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Ron Barrett - Follow this person as @ronbarrett on Twitter
on March 11, 2009 at 1:02 PM
Hey Cap’n…thanks for the great info on some of the advantages of affiliate marketing. It IS a great way to start in this biz if you don’t have your own product.
Keep the good info flowing….
Ron
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Earl Netwal - Follow this person as @EarlNetwal on Twitter
on March 11, 2009 at 2:55 PM
Affiliate marketing is not only a good way to start, it can be a long term source of added revenue even when you are up and running with your own products. When you get that first ebook or other product up, you can add affiliate products as upsells, bonuses etc. You can follow-up with you buyers with them as well.
Earl Netwal’s last blog post..Curb Appeal for Search Engines
Joel Osborne - Follow this person as @JoelOsborne on Twitter
on March 11, 2009 at 6:29 PM
Affiliate marketing probably is the easiest business to start online. If anyone is looking to supplement their income or to create a whole new income, affiliate marketing could be a great idea, with almost no needed costs.
Thanks for the great post Doug!
Joel Osborne’s last blog post..7 Money Making Ideas for PLR Ebooks
Ghada - Follow this person as @ghadalancer on Twitter
on March 12, 2009 at 5:38 AM
Hi Captain, thank you for your post!
As Mike Paetzold said. affiliate marketing is a very simple process.. but needs a lot of constant hard work, at least at first – and to be very “excited” with what you’re doing.
Ghada
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Fred Lotgering - Follow this person as @lotcon on Twitter
on March 12, 2009 at 8:19 AM
Doug,
Excellent post on the basic benefits affiliate marketing and the audio is GREAT!
Fred
Fred Lotgering’s last blog post..2×2prosperityformula – amazing concept