12 Reasons To Jump Head First Into Affiliate Marketing
by Mike on September 4, 2008
in Affiliate Marketing
If you’re looking to jump into the world of online business and start making money on the internet, look no further than affiliate marketing. It’s how I got my feet wet and I recommend it to anyone who asks me how they can start their own business online.
Here are my top 12 reasons to become an affiliate marketer (drum roll please)…
photo credit: ClickFlashPhotos |
1. It costs next to nothing to get started. Technically you could start out without paying a dime, but I do recommend getting your own domain and hosting. Still, you could literally start your business with less than a hundred bucks. How many businesses can you say that about?
2. Since you’re not shelling out a fortune just to get your business going there’s not much risk involved. If you stick to low cost or no cost methods you really don’t have much to lose.
3. There’s no inventory to store. A friend of mine built a website to sell tea that he bought from a wholesaler. He dropped about $1200 on tea and other supplies and the business went nowhere. He had boxes of tea in his garage for a year and ended up giving them away at a terrible discount. Affiliates never have to worry about storing goods or being out of stock of an item.
4. There’s no order processing involved. The merchant handles all orders.
5. No shipping expenses or trips to the post office that you’d deal with if you started an eBay business.
6. There’s no customer service headaches or refund requests.
7. You don’t have to pay merchant fees and you don’t have to worry about paying for chargebacks.
8. You don’t need any sales experience. You can remain completely anonymous if you choose to.
9. There are a limitless number of products to promote. Imagine just about any kind of product or service and you can bet there’s an affiliate program to go with it.
10. You can sell to the whole world. You’re not limited to a certain region or territory. You can promote the latest gizmo to consumers in Manhattan, Paris, Singapore, Dubai, and everywhere in between. It truly is a global market.
11. Your websites, blogs, articles, and ads will be running 24 hours a day. You can literally earn money while you sleep or lay on the beach vacationing.
12. High income potential. if you just want to make a couple hundred bucks a month for spending cash, thats cool. But you can make a lot more than that. The sky is the limit for affiliate marketers.
Nice post mike, but does it cost anything to join affiliate programs? I heard you have to buy something first before you can join and promote there stuff.
Hey Abdul, yes there are some “closed” affiliate programs that require you to be a member or purchase their product before you can promote them (Wealthy Affiliate would be one example). But the vast majority of affiliate programs are completely free to join.
Passive residual income is another great reason to promote affiliate products. You can build your passive income by promoting affiliate products or services that have recurring commissions.
It’s so nice to be able to get paid over and over again for something you only promoted once.
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