Top 5 Benefits to Promoting Affiliate Products and Opportunities
One of the fastest and easiest ways to get an online business up and running so you can earn recurrent income hands-free is by promoting affiliate products.
What are affiliate products?
These are products that other people own and that you simply promote. These can be actual, physical products — such as bicycles, cars, homes and so on. Or they can be digital Information Products — such as an eBook or a online business course.
When you promote affiliate products, every time you make a sale you get a commission on that sale. In other words, when you lead a customer to the product owner’s website and that customer spends money to buy that product, you get some of that money.
The Top 5 Benefits of Promoting Affiliate Products and Opportunities
1. Automatic Sales Commissions
How much of a sales commission do you get? It all depends on the product and the terms of the affiliate agreement, but it can be anywhere from 3 to 5 percent to up to 75 percent of the sale price or even more.
Regardless of the sales commission, the more customers you lead to the seller, the more money you are going to make. So there really is no limit to the amount of money you can make with affiliate marketing.
2. Whenever Somebody Buys, You Get Paid
Literally all you have to do is to lead customers to where they can buy the products you are promoting and you can earn up to 75 or 80 percent of the sales price in many cases. That makes affiliate marketing an excellent, highly profitable business model.
So how much money can I expect to make with affiliate marketing?
Well, the many web-based entrepreneurs who have affiliate marketing platforms in place right now are making six figures a year or more.
It all depends on how much traffic you are generating, what your promoting and the hours you put in to making it a business – not a hobby!
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3. A Recurrent Profit Structure
This is a little bit like Multi-Layer Marketing or MLM. Which may be something some of you may already be familiar with.
The difference between affiliate marketing and MLM is that with affiliate marketing you don’t have to buy any products yourself. All you need to do is to lead customers to where they can buy the products themselves and you get paid.
As the affiliate marketer, you are sort of like a middle man. Another way to think about it is that you are part of the seller’s sales team or sales force who is promoting their product in exchange for a commission.
4. No Upfront Costs or Inventory Required
One of the biggest benefits of affiliate marketing is that there aren’t any upfront costs. There are no products to buy and warehouse and no inventory that you are responsible for.
You don’t have to collect any money from customers or handle any actual products. No need to provide customer support or even your own team of employees. Really, you don’t need anything except your own abilities and an internet connection.
You can make a boat load of money with affiliate marketing.
5. High Ticket Affiliate Products
There are even a lot of people who promote high ticket affiliate products. These are people who have quit their full-time jobs and focus exclusively on affiliate marketing. They are also making more than a million per year with it.
It’s a great business model because of the opportunities created by the Internet. Remember there is about 5 billion people on the planet and almost three-quarters of them have access to the Internet. That means there is practically a bottomless supply of potential customers online at any given time.
Finding innovative new ways to connect with customers and promoting affiliate products that practically sell themselves. It is one of the fastest and easiest ways to build a recurring, passive income stream.
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It is time to leverage other people’s products to make more money in less time than a job with a 40 hour working week.
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