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Monday, October 24, 2011

Affiliate Programs: golden opportunity or a waste of time?

Well, the idea of ​​doing business on the Internet was founded, have sought out many potential entrepreneurs of the Internet for the best way of doing business. It usually runs beyond the choice if you define your business and to shop online, or participate in affiliate programs.


Try to first define what we mean by an affiliate program. An affiliate program is basically an internet business, which was founded by others. You can sell physical goods, education, information or other products you can sell online. With the signing of its affiliates to help you, your company or shop. In return, they pay a commission on each sale, putting them on. The amount of commission varies between different affiliate programs. Examples of affiliate programs include Amazon.com and Wordtracker.
1. Win.
As an affiliate program works, establishing its own online store distinction? We begin to start looking at the earning potential. (After all, the main reason people want, which is sent to an Internet business to make money). If you add an affiliate program, you are a commission for every sale you refer to the online store pays. This fee can vary from 5% to 15% for physical products in the industry, and possibly up to 50% or more of the virtual products, such as subscriptions and ebooks.
 
On the other hand, if you can from your business, your benefits will be much higher. Virtual Products, you can be your gain to 100% of the sales price. After all, once the newsletter or ebook created, there is no need to spend more effort. If someone buys your eBook, download only from your own site. When you sell a physical product, its usefulness depends on the fact that the finished product or even buy from wholesalers or dropshipping company. Its advantage in this case could be more than 40% and 50%.
So, if we consider only the potential gains, start your own business is more profitable for the connection of an affiliate program.

 
2. LOGISTICS
However, money is not everything (or so they say). When you start your own internet business, a number of logistical problems, you should watch out. Here are a few things:
a
. Make your site.
b. The design of the product (if you sell new products)
c
. Create a product (if the sale of new products or physical products, virtual)
d
. Create an online store
e
. Creating a merchant account or payment gateway
f
. Define the memory or storage space (if you sell physical products)
g
. The procedures and staff ready to fulfill orders
h
. To establish an affiliate program so that others sell their products,

As they say, "No pain, no gain". According to your own store pays very well, but requires a significant amount of time for themselves.
On the other hand, if you join an affiliate program, all you have to do is create a website to promote the program. All ads are banners, text, etc., are provided by the affiliate marketing program. The liability is just the people who visit your site and hopefully click on your affiliate link to promote the products they buy.

3. Conversion Factor
You have your own business or to promote an affiliate program, is the background of the exchange rate or the percentage of visitors actually buy something from you. A number of factors that influence these rates. Factors such as product quality of the site quality of customer service important. But I personally think the most important factor is trust.

When potential customers come to your site, you must trust your site enough to be willing to buy from you. After all, the Internet, the seller is the one face. I did not know what is really running the page and if you really want to get the products you ordered.

In other words, is one of the keys to increasing the confidence of recommendation and reference. If a work has been presented to or from another site recommended that prospective customers that the company can be trusted. After all, if the operation is not trusted because the other side is recommended?

And "where affiliate programs shine. When referring to potential customers of a branch of the store, customers are relieved because the work had been informed of the site are to third parties. The more customers who buy the business, the business of profitability, and you too.

There are advantages and disadvantages of participating in an affiliate program. It may be less with an affiliate program compared to starting your own business, but I think that the services be held responsible for the logistics makes affiliate programs are good source of income "passive".

Visit the site and follow the instructions
at : http://clickerspay.com/ for benefit. The site contains resources for affiliate programs to help you succeed in your business on the Internet.

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