Without question the most popular home-business with almost very low startup costs and truly unlimited income potential.
Affiliate Marketing is one of the most popular (and easiest) ways to make money online for those that can fully embrace the business. Becoming an Affiliate Marketing home-business entrepreneur requires investment…but it is primarily an investment in time rather than money. It will take some time and patience to build this business but the freedom (and income potential) it offers is second to none.
Affiliate Marketing is an online business where you promote the products of others through your website or a series of website and blogs. There are three (3) entities that make up an affiliate marketing program:
- ADVERTISERS: Companies that sell products and services online.
- PUBLISHERS: Those with websites and blogs that assist in promoting goods and services.
- CONSUMERS: The audience of a website or blog that learns of the goods or services through display or articles.
How Affiliate Marketing Works
The fundamentals of Affiliate Marketing are very simple. Someone with a blog or website is interested in selling products to make income. They do not, however, want to actually inventory products and create a store. Instead, they act as a “commissioned sales person” by sending referrals to someone else’s store. Links on their blog or website contains a “cookie” or a marker which provides the source of the referral. If the Affiliate Marketer’s visitor clicks the link and buys a product, the Affiliate Marketer is paid a commission on that sale.
Very low cost of start up
Unlimited Income Opportunities
One of the most popular methods for those “getting their feet wet” in the affiliate marketing home-business niche is to simply become an Amazon Associate. Everyone shops at Amazon and knows that company well so linking to products at Amazon and earning a commission on each sale is a good place to begin your affiliate marketing career.
Because you will be actively adding new products and content to your website or blog almost daily, there is simply no better content management system than WordPress for the creation of affiliate marketing websites and blogs. And, with thousands of website templates to choose from, it will be easy to choose just the right site for your affiliate venture.
To view some sample WordPress theme recommendations for affiliate marketeers, simply click the green button bellow..
The popularity of Cash Flow Consulting as a home-based enterprise is partially due to it’s attractiveness as a financial profession tied to it’s exceptionally low cost of entry and operation. This is a business that is networking intensive (70% or more) with direct marketing (and associated costs) used more sparingly. This is a perfect for those that spend considerable spare time on social media such as LinkedIn, Facebook, Twitter, etc. or plan to. In fact, many practitioners using social media and networking as their primary source of business have almost no business costs and operating expenses other than minor costs associated with their website and web hosting.
Affiliate Marketing Opportunities
As with many consumer-focused businesses, cash flow consultants have almost endless opportunities for generating additional income from affiliate marketing and the most successful consultants will, as networking specialists, operate blogs and write articles showcasing consumer-related problems and then feature problem solving affiliate products that can be purchased to remedy the problem, thus generating monthly affiliate commission income. Commission income from cash flow consulting is very very attractive but can be often be sporadic. The more predictable income from affiliate marketing can smooth out the gaps often present between generating the larger commissions from mortgage note cash outs and other cash flow deals.
Enterprise Success Rates
Success rates in this home-business are about average but are deceptive. Failure rates here are, most often, simply the result of many new industry entrants believing this is a low cost, “quick buck”, easy business opportunity. Many opportunity seekers get discouraged when deals and attractive commissions don’t simply fall into their lap, refusing to focus on the truly professional side of this rather exceptional vocation. Because of the expansive array of products available to cash flow consultants and the endless opportunities for affiliate marketing and business expansion, almost anyone willing to invest the necessary time to build this business through some dedication and intensive networking can do well. This is a perfect business to enter part-time and grow to a full time enterprise…if you have perseverance and are willing to develop above average networking skills.