Affiliate Marketing & Online Network Marketing: What You Need to Know About

Affiliate Marketing & Online Network Marketing: What You Need to Know About
Affiliate Marketing & Online Network Marketing: What You Need to Know About

 

Affiliate Marketing

Affiliate marketing is one of the most popular and profitable models on the Internet. You can promote other people’s product and get commissions for your efforts without seeing a single customer or talking to anyone.

Strengths: You don’t even need a domain name or a website in some cases. You can earn huge commissions from up to 50% to even 100% commissions! You don’t need to focus on creating products – just drive traffic to the merchant site or on your landing page and watch your income roll in.

Weaknesses: You will need to search for a good affiliate program and build up targeted traffic in order to see results.

Opportunities: There are unlimited opportunities because there are always new products coming out each day and affiliates are needed everywhere!

Threats: You are competing against THOUSANDS of affiliates out there and those affiliates are your competitors. Some programs even offer two-tier programs and established affiliates probably have dozens of affiliates under them as well.

Suggested Action: Register as an affiliate at Clickbank or Amazon. Find good products to promote – especially those with good ‘gravity’.

Online Network Marketing

You must learn to explore new opportunities by promoting network marketing programs on the Internet.

Strengths: Similar to affiliate marketing, you don’t need to see anybody and promote your programs online. You have the entire world’s Internet users as your prospects for your downline groups.

Weaknesses: Building a network marketing business online is prone to being impersonal. Make sure you do not adopt a ‘build and burn’ mentality.

Opportunities: You can easily recruit more people online compared to doing something offline (where you are limited by time and space)

Threats: Globalization – downlines are not as loyal as they used to be due to the abundance of opportunities available on the Internet.

Suggested Action: Sign up for a network marketing prospecting system that will help you to generate lots of fresh leads and make money

If you’re interested in finally getting your own Internet Marketing Business off the ground, check out this amazing offer here.

The Art of Building Assets Online

When you are building your business online, you must be able to build assets if you want to quit your job. Allow me to explain: A 9-5 job is only
short term income. It can be a lot or a little, but fundamentally it is still short term… Why? Because the moment you stop working, you stop
making money immediately!

Online assets are different. Here are a few principles that you need to know.

• Online Traffic: You can draw in traffic from search engines or viral marketing.

• Affiliate Marketers. You do not need to build a mailing list if you have created a fantastic product that will keep customers buying and affiliates selling over and over again.

• Mailing List. The money is definitely on the list. It takes 15-30 minutes to write a proper E-mail to your mailing list. The great thing about E-mail marketing is you will take the same time to mail your list regardless if your list has 100 people or 100,000 people

• Online Reputation. A blogger may start with no RSS subscribers, but the more you blog and the more you network, you will be blogging for the same effort but with more people reading your blog (and you will be able to monetize from the traffic!)

• Outsourced Work. If you are making good money, you will be able to outsource your work to other people and spend more time on marketing your products and making more money

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