Affiliate Marketing is undoubtedly one of the best Home Based Business models for people just getting started in Internet Marketing.
There is a major economic shift going on right now and you are right in the middle of it. Looking back in history at other historic social and economic changes, you can get some perspective on the current trend.
When we changed from a rural farming based economy to a manufacturing economy, known as the Industrial Revolution, tons of people lost their jobs and had to learn and adapt to the new changes.
People went from being self sufficient home based businesses, where each person contributed in their own way to the economy providing their own products or services to the marketplace, farmer, butcher, baker, seamstress, blacksmith, etc… to working in factories, and for large corporations.
Now the Corporations are going out of business, the Corporate business model is not working anymore and we are changing again from a Corporate Based economy to an Entrepreneur based economy. We have come full circle in the last 100 years, and now people are becoming home based business persons once again, providing value to the economy based on their own skills and efforts.
We are shifting from a Manufacturing based Industrial economy to a Information based Digital economy, where our entire lives are becoming centered around the internet.
And as with any with any major economic shift, there is financial downturn. People are losing their jobs at a record pace, Foreclosures, and Bankruptcies at an all time high, banks are failing, the Auto-Industry is falling apart, and we are in the biggest depression in the last 100 years.
The old ways of doing business just don’t work any more, people have to learn to adapt and change with the times to survive and prosper in this new Internet Economy. So in these times of economic hardship, starting a home business might seems like the most logical solution, an Internet Business.
Starting an internet business seems simple enough, but what kind of business will be the easiest most economical choice? Affiliate Marketing is what a lot of people (just like you and me) are turning to…
Benefits Of Affiliate Marketing
- Flexibility
There are literally 1,000s of different businesses
you can be in at the same time.You can basically sell anything you want from, sporting
goods, toys, Information, software, gardening supplies,
health and wellness products, just to name a few.The best thing about it is that if the market isn’t working out
very well for that particular product or service, it’s cheap,
fast and easy to get involved with another market.No other business opportunity offers as much flexibility as
Affiliate Marketing.
- Low start up costs. Unlike most businesses a
person can start making money with less than
$100 investment, most affiliate programs are
free to join.
- No inventory to carry or products to ship means
no overhead. No need to buy and store a bunch
of inventory and no worrying about shipping, no
delivery issues, boxes to pack, taking packages to
the post office.
- No payments to collect. Now this is posibly one of
the only business moodelsin the world with this
benefit. No credit card fees, chargebacks and no
refunds issues to deal with.
- Theres no selling involved. This is where ” pre- selling”
comes into play.The pre-sell will greatly increase
your affiliate conversions.The merchant site should already be set up to make the
sale. The merchant site should already be tested and
ready to produce maximum conversions.(ie.consumer should be ready to buy even before
they even click on your affiliate link.)
- Affiliate Marketing programs can be run from
anywhere. While this happens to be true with
any internet business, it’s a real benefit os
Affiliate Marketing.The basic content creation, list building, getting traffic
and leads, and or getting direct deposit payments can
all happen virtually. (In your pajamas!)
- Huge profit potential. When evaluating any business
you must consider upside and scale. There are 1000s
of great opportunities out there, but most of them have
limits to how much you can earn.Affiliate marketing has already proven to have multi-million
dollar potential. Which means that anyonecan start small
and scale thing to build themselves a huge business.
- No customer support required.This is probably the best part
Affiliate Marketing is one of the few businesses that has this
advantage. It saves you time and money not having to deal
with this, not to mention how happieryou will be as you
don’t have to deal with it…
The 3 greatest challenges for the the affiliate marketer.
- Keeping up with the huge numbers of offers and opportunities
out there. A person could spend literally 100s of hours per week evaluating Affiliate Programs and not even scratch the surface
of all the opportunities and programs. This can become very time consuming and overwhelming. The advantage is that you get to know which offers are”first movers” these are the hot opportunities that arecashing in now and are not over saturated in the market. - Trying to keep up with the latest marketing tricks and
strategies. Internet Marketing and Affiliate Marketing
techniques change fast so you will want to stay on top
of the latest trends to maximize your conversion rates
and get the best results. - Keeping up with internet user behavior and buying habits.
Internet trends, fads, popular media play a huge part in
making big profits from Affiliate Marketing programs.Doing the proper research however takes a lot of time
and effort to find the best places to gather the data that
will point you in the right direction for easy profits.
So starting an Internet Business you should look to start with Affiliate Marketing, it is the Fastest Easiest way to get started. I would also look for a good Mentor, someone who is successful that you can learn from. There are many successful Affiliate Marketers that offer Coaching and Training programs.
Steve Renner is a successful Internet Marketing Professional, Consultant Author, Speaker, and Trainer. Get more great information on this and other related topics at www.steverenner.com
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30 Responses to Affiliate Marketing Home Based Business
Rev.Brenden Bowman » Blog Archive » home based business - Times are tough we can all use some extra income
May 8th, 2009 at 7:32 am
[...] Affiliate Marketing home based business by Steve Renner Affiliate Marketing is undoubtedly one of the best home based business models for people just gettin. [...]
Franck Silvestre
May 9th, 2009 at 2:38 am
Excellent article Steve.
You said that one can start with $100, but I would add that it is possible to start with zero dollar and make thousands of dollars in commissions per month.
I’m the living proof.
Affiliate marketing is what I recommend to my clients to start their Internet career.
Franck
Steve Renner
May 9th, 2009 at 6:30 am
Hi Franck,
Thanks for the comment, yes Affiliate Marketing is the
best way to make money online by far!
Steve
Sean Callahan
May 17th, 2009 at 5:36 pm
Great article!
Affiliate marketing is the wave of the future and the more knowledge people have the better their level of success.
Knowledge is power and this is great information!
Thanks for the article.
Sean
Steve Renner
May 19th, 2009 at 7:15 am
Hey Sean,
Well put, like the picture!
Genesis Pure Business Opportunity
May 20th, 2009 at 12:09 am
Thanks for this very insightful article
Affiliate marketing is the easiest and the most lucrative way to start your internet marketing career. Once you get the feel of the business you can then venture on to others…
And remember…Success is not by chance, it’s by CHOICE!
Cheers,
Genesis Pure Business Opportunity
Tanay
May 21st, 2009 at 10:52 am
Clickbank is an ideal place to start. Here, you can find one of the largest affiliate marketing programs in the industry. You just need to visit their site, http://www.clickbank.com and secure a clickbank ID. From the Clickbank’s home page, proceed to “Earn Commissions” and look for the products and services that perfectly fit you and your site. These products are typically ranked according to their popularity.
Steve Renner
May 21st, 2009 at 12:07 pm
Hi Tanay,
Yes thanks, Click Bank is a great place to make money with Affiliate Products.
Steve
Affiliate Marketing Home Based Business by Internet Marketing Strategy | internet marketing tools
June 19th, 2009 at 1:39 pm
[...] Affiliate Marketing Home Based Business by Internet Marketing Strategy Posted by root 3 days ago (http://www.steverenner.com) Thanks for the comment yes affiliate marketing is the copyright 2007 internet marketing strategy is proudly powered by wordpress log in Discuss | Bury | News | Affiliate Marketing Home Based Business by Internet Marketing Strategy [...]
Andrei
July 18th, 2009 at 2:35 pm
clickbank it`s ok but if you are a biginer in affiliate marketing …. and you don`t know anything about affiliate marketing!? How do you promote your links?You can make a website….but it take time to get indexed by google,mns and yahoo….and to use Adwords … it`s very expensive!!
Big ticket To wealth
July 22nd, 2009 at 3:17 pm
Selling someone else product is a good way to make money but it’s getting a little harder these days and there are more and more affiliates getting into the bandwagon.
Affiliates Mania
July 29th, 2009 at 4:44 pm
affiliate marketing is the best program so far compared to the others. but we can get done if we just do this. we need some knowledge and some time to learn more how to be successful in this field. thanks for sharing this article Steve. i really like your blog here. it’s my first time coming here
Information Marketing Mastery Review
August 21st, 2009 at 8:56 am
Steve,
That’s a very informative article about affiliate marketing. I’ve been an affiliate in a bunch of divese niches for a while now and you really summarize the pros (and cons) very well. I even picked up a few pointers that I didn’t know on your site.
So, I just wanted to say - thanks and keep up the good work. I’ll be back to learn more.
Steve Renner
August 23rd, 2009 at 5:26 am
Hey Will,
Thanks, glad to be of help, all the best to you in your Online Marketing!
Steve
Steve Brooks
August 25th, 2009 at 12:55 am
Great job of tying in why anyone would want to start, as well as tips to getting started and being successful with affiliate marketing.
I would like to point out however, that the economic collapse and return to home based business is primarily a result of saturation. The basics of supply and demand have never been more evident. It will be interesting to follow the trends as the shift to Internet marketing continues to grow.
Great article Steve.
Steve Renner
August 25th, 2009 at 4:33 am
Hi Steve,
Internet Marketing is not hard, Making Money Online is easy…
The secret is to Just Get Started!
Steve
Misha
August 25th, 2009 at 11:01 pm
i am just starting out with affiliate marketing. i have signed up with Clickbank and Amazon. i am still reading lots of stuffs on the net how to be successful on affiliate marketing.
Jim
September 13th, 2009 at 6:37 pm
Two things that I think are important when you’re an affiliate marketing newbie… You treat it as a true business and now some over night get rich thing and take action… without action, nothing is realized.
Steve Renner
September 17th, 2009 at 5:18 am
Hey Jim,
Good points!
Steve
mktanny
October 10th, 2009 at 2:15 pm
hey steve good job,i mean u r awesome and the article is perfect ,i don’t that anyone could make this topic more easier to understand.
I wrote a article on yourkeywordshere
mktanny
October 10th, 2009 at 2:19 pm
sorry for that steve but the article i wrote is starting with affiliate programmes
Steve Renner
October 11th, 2009 at 7:16 am
Cool - Thanks Man!
Rodrick Etienne
October 15th, 2009 at 3:59 am
Hey Steve,
I’ve been testing multiple tactics and strategies including affiliate marketing.
I purchased Ewen Chia’s Secret Affiliate Weapon 2.0 - Passive Income Secrets, but haven’t had a chance to crack it open.
I know that he’s been around for quite some time and has a great reputation.
Much like yourself, I’m also on a mission to seek out proven methods that makes real money on the Internet and then sharing them with home-based business owners.
I’m soo sick of all the hype and get rich quick stuff floating around out here on the Net.
You and I both know that becoming successful on the Web is a process and you must find a mentor that’s willing to show you a proven roadmap to get you to your desired end results, and be careful about who’s advice you follow.
Have you had a chance to check it out or have you heard good or bad reviews?
Here’s the link to check it out http://budurl.com/affiliateweapon
Online Business Opportunities Reviewed
October 18th, 2009 at 7:49 pm
There are many affiliate opportunities on the web it’s hard to chose which one to try, so I just tried a whole bunch of them out of curiousity to see which ones performed the best.
Naturally I lost money with most of them, but there is one that is still making me a little bit of money and was the easiest of all http://www.business-opportunities-reviewed.com/work-for-3-wf3d
I am currently trying out Teamwork Revolution Power System. I haven’t made any money from it yet as it is free to join until November. But it is growing faster than anything I have tried (no wonder, as it is free right now). So it will be interesting to see how it progresses
All the best in your hunt to make money online
Yumi
November 24th, 2009 at 3:25 am
i tried Amazon affiliate program, so far i am not earning that much.
aks
December 9th, 2009 at 2:55 pm
Great suggestions and examples, especially for a newbie like myself who lacks a natural sense of web design.
Caramoan7
December 25th, 2009 at 3:18 am
i am interested in earning money through Affiliate Marketing and i just joined amazon affiliate programs, clickbank and others. they say i need lots of US and UK traffic to earn decently on Affiliate marketing.
+
Shubham
December 25th, 2009 at 8:50 am
great explaination for bloggers like me..! Well i am a newbie ..!! Thanks for the well explained post..!
avinash
January 6th, 2010 at 4:39 am
thanks for this type of article.after a along surfing i got this one.thanks again.
Club Penguin
March 6th, 2010 at 1:32 pm
Great way to describe it for a beginner!