Be Your Own Boss With Affiliate Online Business

Affiliate Marketing And Your Economic Future

by Victor Krumm

Isn't it about time to build your affiliate online business? Coming out of the most serious recession since the Great Depression, and amidst massive unemployment, affiliate marketing offers the chance to take control of your economic life.

A wise man, Sydney Harris, observed: "When I hear somebody sigh,'Life is hard,' I am always tempted to ask, 'Compared to what?'" Your grandmother and grandfather made it through the Great Depression---and we will, too.

Everyone is familiar with the traditional business model and its marketing. Television ads for car insurance, fast food, lawyers on demand. Coke, Bud, Geico, MacDonalds commercials are everywhere. Magic medications for heartburn, sore backs, arthritis. Radio jingles, billboards, newspapers, magazines, paper cups at the ball game.

So much money spent with so little return on investment.

Advertising dominated by Big Business because they are the only ones with deep enough pockets to do so.

So last Century.

Like the horseless carriage, there was a time and place for this kind of advertising but we have moved on to the Age of the Affiliate Online Business.

And, fortunate for us, we have the web. Internet marketers can instantly build an online business that reaches every corner of the planet. Better yet, smart affiliate marketing coupled with an intelligently managed pay per click program campaign offers the chance at financial independence without having to develop a product at great expense.

Not quite sure what affiliate marketing is? Think of it as: Opportunity!

Springing into existence about the time your fifth grader was born, affiliate marketing is simply this: a business pays someone called the "affiliate" to promote a product. The affiliate marketer receives a payment from the business every time a person purchases the business'es product by way of the affiliate. Affiliate marketing is beneficial to both the business and the affiliate. The business gets its products promoted without expense by the affiliate, thereby improving sales at no out-of-pocket advertising costs and the affiliate can make money from promoting the products from home..

The more reliable affiliates an enterprise can find, the more sales it can make. With hundreds of affiliates to showcase its product or service, the company saves time, effort, and money in searching for prospective markets and clients.

From its recent inception affiliate marketing is already enormous but hasn't scratched its real potential. There are thousands of affiliate marketing opportunities with more and more available every day. Today,anybody with access to a computer you can create an affiliate online business with just a single product or hundreds of them. There's an Amazon affiliate program, a pet affiliate program, a program for tax affiliates, hotel or travel affiliate.

And, thankfully, there are some terrific online affiliate program resources that, at the click of a button, set up an affiliate marketing account that protects both the affiliate marketer and the business and offers thousands and thousands of products from which to choose. The oldest program is Clickbank, offering 17,000 products for countries around the world and, to date, has paid affiliate marketers more than $1.7 billion.

If you are considering to be a marketer online and build an income online, you could follow the below listed steps to begin your affiliate marketing campaign.

First, recognize a specific area you are fascinated with or passionate about so you will not be jaded and required to improve your affiliate site afterwards. Focus on a particular subject you are familiar with. Research is a critical component of a successful affiliate business, too often ignored with poor results.

The second thing is to search for well compensating quality products. Make a list of potential products. In selecting a product, you should think of the assistance that they are willing to give you. This includes the promotional materials such as articles, links, banner advertisements, classified ads and so on.

Finally, to undertake a a profitability analysis. Truth is, most affiliate marketing campaigns are doomed because the marketer failed to realistically evaluate the prospects for profit or loss, completely ignoring critical variables like the pay per click costs, the possible conversion rate of a product, and other things.

If you're considering a Clickbank type product, we urge a two prong evaluative approach. First, apply a "30/100" formula to filter products with poor chances at success. Essentially, this filter starts with the proposition that a product that pays you less than $30 and has a Clickbank "gravity" of less than 100 is a poor candidate. Thereafter, do a spreadsheet analysis taking into account different variables. While no one can know in advance what product will be your ticket to the affiliate bucket of gold, you can probably identify poor candidates reasonably quickly so you can concentrate your efforts promoting products with more profit potential.

Today, modern technology have opened the marketing model to you and me. Everybody can promote their affiliate business, work from home, be their own boss, and reach the world.

Well. what are you waiting for?

About the Author

The author is the owner of the popular Google Ad Words Profits website. If you are considering ClickBank be sure to learn how to use valuable ClickBank research tools for your Online Affiliate Marketing campaign.

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