What is affiliate marketing? and what are the advantages and disadvantages of affiliate marketing?
Author: mark collier
Author: mark collier
What is affiliate marketing? Affiliate marketing is when you promote other people's products for a commission. Commissions range from 2%-50% depending on the profit margin of the product. Normally you can expect around 15%-20%. But if you want to sell higher commission products I would recommend downloadable products as they often have a high profit margin for the retailer due to the little labor involved. The advantages of affiliate marketing: 1 No shipping/storage or customer service
The affiliate that's the person promoting the product doesn't even have to touch the product or have any experience with the product. This means there's no shipping or storage involved. You only refer people to products and then leave the rest down to the retailer that's right no customer service. 2 Product might already be well known
With certain affiliate programs you might get the chance to promote a well known product. This product may already have a substantial marketing campaign behind it. When you start off as an online retailer, most of the time you will not be able to get accounts with wholesalers for these products but with affiliate marketing you are often able to sell big brand products. 3 Low risk
The reason affiliate marketing is low risk is because the start up fees are low (website development, web host, domain name) and because once you have it up and running you can opt out at any time there are no big risky orders or big commitments. 4 Sell what you love
There are affiliate programs for literally everything so you can promote anything you like. This means you just have to write on what you love, that should be easy especially when you are getting paid for it. The disadvantage
The main disadvantage is that the profit margins are lower you will normally get 20% gross profit and although it may seem like there aren't many costs there are, marketing domain registration, web hosting and keeping your content fresh. More ways to make money online
http://www.create-your-ebiz.comAbout the Author:
The Network Marketing-MLM Jumper Reach out to more potential clients with email marketing How to Find Affiliate Programs That Work For You
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What is affiliate marketing? and what are the advantages and disadvantages of affiliate marketing? Anaheim