One proven method of setting up your own home based business centered on the internet is to get involved with what is known as affiliate marketing. Essentially, this concept revolves around the idea of becoming a marketer for someone else’s ideas, products or services, which you help to promote via the World Wide Web. Each sale that your marketing creates in turn brings financial rewards to you as the affiliate responsible.
As with all home based businesses there are pros and cons to become an affiliate marketer. One of the definite cons is that, for all the talk of all the money out there to be earned; only one percent of affiliates are making enough money to actually be able to live on. That’s a definite ‘con’. On the plus side, becoming an affiliate marketer isn’t going to cost you a fortune to get started, and you don’t have to become a web site html whiz kid either. If you’re comfortable enough to click a mouse, that’s about all the expert computer knowledge you need.
The main thing, as with most other home based businesses, is to decide on your market and stick to that. You are far more likely to earn money – any money, let alone enough to quit your day job – by dominating a small niche market than you are trying to be a jack of all trades and master of none. Choose four or five affiliate products you want to promote, and then get yourself a web site. Tempting as it may be, don’t go for the free ones. Get yourself a good host company, your own domain name, and then start filling your site up with content. You can write this yourself or use sites such as ContentFx, or even just look on CityLocal.co.uk for great content.
Article marketing is one of the most important aspects of affiliate marketing and there is a great demand for such articles; if you feel that there is no way you have the writing skills yourself, there are thousands of freelance writers looking for work on the web, many operating at extremely affordable rates. The articles need to be well written while including the SEO words that will get your article noticed, and get across the message that the products you are trying to sell is the one the consumer really wants.
At the end of the day, affiliate marketing is one job where you really do get paid for performance – if you’re not selling, you’re not getting paid. The various ways to get paid for affiliate marketing are generally known as “Pay per Click”, “Pay per Sale” and “Pay per Lead”. The first gains you money if a visitor to your site clicks on a link to the site of the merchant; “Pay per Sale” gains you money as a result of a sale directed by you; and the latter every time a potential client registers with the merchant. Research thoroughly before getting involved with a merchant, but in general affiliate marketing is considered to be one of the best and cheapest ways to earn money on the Internet.