As you will experience, making money online is very exciting. Although you are part of the
process of selling a product you do not handle stock or even the sale itself, but you do get a very nice percentage of the sale, in some cases you can get 75% of the selling price as commission.
If you do not find this exciting then affiliate marketing is not for you. Some successful marketers make thousands of dollars daily. And although most starting affiliate marketing will not make that much, the potential is still there. Some claim that about 1% of all visitors will actually buy something. So to get 30 buyers you will need about 3000 visitors a day. Although this number of visitors is quite possible, it is no use to have 30000 visitors looking for something different from what you are offering. The best solution is to target your visitors. By targeting your visitors (which you will learn more about later) you try to restrict your visitors to only those who are interested in what you offer. If you market dog food you do not want visitors who only own cats. Getting only dog owners to your site will increase your success ratio and you can make more money with fewer visitors. If you can get 5% of visitors to buy, you need a lot less visitors to make the same amount of income.
So let’s look at some more advantages to making money online with affiliate marketing:
Shoe string startup - As I already mentioned, getting started in affiliate marketing can be really low-cost. You do not need to borrow lots of money from family or the bank to get started. If you compare this to starting you own business in the traditional sense, you will quickly see how cost effective this business can be. Most people dreaming of owning their own business run into this problem when starting out. For a fraction of the cost you can start your own online marketing business and have it up and running in a few hours to few weeks (depending on your current knowledge of affiliate marketing). Your biggest expense when starting out (barring a personal computer and internet connection - which you probably already have) is getting a domain name and hosting service. So, one of the biggest advantages of an online marketing business is that it is cheap to start, but it could generate a lot of money for you online.
You are the Boss - One thing about starting your own business is being your own boss. And this is also one of the advantages of affiliate marketing. You can determine your own working hours, you can work from home and you can do it part-time or full-time. There is affiliate marketers (they are called super affiliates) who do this full-time, but please do not quite your job until your online business is making enough money on its own to do so. The best is to start out part-time and see how it grows before quitting your current job. You also do not have any hassles with staff like most of the traditional business opportunities available. You can start alone and even keep your online marketing business running as a sole proprietary for as long as you want.
You can Make REAL Money - Making money online is almost unlimited and the earning potential is really huge. In some instances merchants at Clickbank offer up to 75% commission for one sale. For example: if you manage to lead a buyer to a merchant’s site who sell a product for $50, and the sale is successful, you can get about $30, and all you did was lead the buyer to the merchant. So if you are able, on average, to point only one successful buyer to the merchants site per day, you can earn 30x$30 per month... that is $900 per month extra. So think about what could happen if you manage to send 30 successful buyers, on average, to the merchant site? That is 900 buying visitors a month. That could mean $27,000 per month. Chris Carpenter, author of Google Cash 3, makes in excess of $33000 per month with his Online Marketing Business. If you want to learn more about his methods then buy his book Google Cash 3. He also has a free report about a new, and very exciting, way he developed to make money online. It is called Google Cash Strikes back. You can download it now for free. It is quite an interesting read, even if you are not interested in his method.
But before you start drooling about the huge amounts of money you are going to make online, just remember it is a business. It is not easy money in the sense that you simply slap a website on the net and watch your bank account grow. It takes time and effort for your online business to mature enough to generate that amount of income. It also depends on the specific niche market you enter (more about niche markets later). So the potential is great, but you must have patience and endurance to see it.
No Stock, shipping or customer service - When you run your own online marketing business, you have no worries like keeping stock, or shipping orders to customers. This is really nice: you simply introduce the merchant and the seller, and the rest is the merchant’s problem. An affiliate marketer usually does not worry about keeping customers happy. It is necessary, however, to only market only merchants that do have excellent customer service, but it is not your direct problem to work with customers. Any issue that may arise is handled by the merchant.
Huge list of Products and Services to Promote - The possibilities are almost endless and you will be hard pressed not to find something or some company to market that interests you. You can promote physical products that must be shipped to the buyer, or you can promote e-books or software that can be downloaded. The choice and the range is almost unlimited.
Market 24/7 to the whole world - To start your own traditional business you are usually restricted to locals for support. With an online affiliate business your market is limited only to the World Wide Web. That means that it is unlimited. In almost every country in the world there is a person who is connected to the internet, and they can be your potential clients. Millions of people connect to the internet everyday and the number is growing daily, and every one of them is looking for info. If you can find the people who are looking for the products you are promoting, then your business can turn out to be a huge source of extra money in your pocket. When your online money making business is settled it can even make you money while you are on holiday or sleeping. For as long as there is visitors to your site who are converted into buyers, you make money day or night, all over the world.
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Advantages of Affiliate Marketing
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