Posted on : 28-09-2011 | By : stargaterich | In : Internet_Marketing
If you are newcomer in the world of Internet Marketing then you may wonder what is the easiest and quickest way to start an online business. A lot of people has the wrong notion that they need to create their own product or service in order to start one.
Do you actually really need to create your own product in order to start an online business? Absolute not!, you don’t need to create or own any product at all. Have you heard of the term affiliate marketing? In a nutshell affiliate marketing is a form of marketing where you get certain commissions for recommending and referring people to buy products for which you are the product affiliate.
There are lots of work involved to make money with your own product. Not only do you have to spend time and money to create a product, you also need to deal with marketing stuffs such as writing a good sales-copy letter, sales banner, handle payment system, refunds, technical and customer support and etc.
On the contrary you don’t need to worry about all the above when you deal with affiliate marketing. You just need to focus on promoting and recommending products to the customer. Isn’t that an easier business model for novice and newbie Internet Marketers to begin with? By the way you can still create your own products for instance eBook which you can bundle as additional bonus or add ons for customers that purchase affiliate products through you.
Affiliate marketing has been around for quite some time, even in offline business, well except that people don’t called it specifically ‘affiliate marketing’. Take for instance a shop which sells various products and goods. Do you think all those products are manufactured or created by the shop owner? Of course not!. So where do all those products on the shelf comes from?
Put it simply, the goods and products are distributed by salesmen who make a deal with the shop owners who stand to earn some profit when a sale is made. The same goes for affiliate marketing whereby you sign up as an affiliate for products or services that you wish to promote through your website. It is as easy as directing the customer to the product website. You get paid when the customer you refer to buy the product.
The main advantage with online affiliate marketing is that you don’t need a lot of initial capital start up investment at all. As a matter of fact you don’t even need a website to begin with. You can promote affiliate products directly through Facebook, Squidoo, HubPages, and various social networking media and social book marking sites such as StumbleUpon. You have the flexibility and choice to promote both physical as well as digital products.
All that you need is a computer with connection to the Internet to start an online business and you CAN make money as an affiliate marketer, usually as quick as in within the 1st 24 hours . I used to be very skeptical about people being able to make money online within 24 hours starting from scratch until I attended the Internet Live Business 2 seminar conducted by Ewen Chia and Patrick Chan.
There so many affiliate programs that you can sign up for as an affiliate marketer. Most of these companies do not have strict criteria and they usually approve your application quickly. Amazon, eBay, Commission Junction are but some of the bigger names that offers you the opportunity to promote physical products.
Among these companies, eBay is the most difficult to sign up for as an affiliate also known as eBay Partnership. Don’t’ be surprise if your application gets rejected by eBay no matter how hard you try. Of course there are some tips that you can use to improve your chances of being approve by eBay but again that’s an article for another post which I will write shortly.