subject: Affiliate Income - Kick Start Your Affiliate Business [print this page] Affiliate Income - Kick Start Your Affiliate Business
Everyone is claiming to have the best affiliate income opportunity for you. The two big questions are who to trust and which affiliate model is the right one for you?
There are largely 3 different affiliate income models, with different payouts and different structures. So let's take a look at your options.
Affiliate Income Option 1 - one time commission
Here the affiliate gets paid once. This is usually a fixed amount for lower cost items. This is probably the least attractive of all the options as these one off payments are often not very much. However, this is a very common affiliate option and over time can be a stable business if marketed well. However note that there is no residual income element.
Affiliate Income Option 2 - small and regular commissions (residual)
Here the affiliate is paid a commission on the initial sale and on follow-up sales or renewals (residual income). This can include a monthly product shipment or it could be payment for a monthly membership following the initial sale. Your commission is dependent on the membership continuing. If that ends so does your commission.
Here commissions tend to be smaller. For example monthly shipments of health supplements are generally lower cost - so,you need to do your maths and working backwards consider how many health supplements boxes you need to sell every month to gain your target monthly income. If growth is steady whereby your members, also known as your downline, stay with you and gradually more members join then a good residual income can be achieved. This affiliate income option relies heavily on recruiting & keeping members which does both time and money. Here the higher levels of income only happen your members start selling. When looking at how to get your product to market this is the more traditional model and often employs traditional offline marketing methods. Although there is a gradual shift to more online marketing in some areas.
Affiliate Income Option 3 - large commissions (top tier)
Here the affiliate is involved with 'big ticket' items and here it is possible to earn a significant income in a shorter period of time. For example you could earn over one thousand dollars per sale. So it does not take many sales before you are making good money. When compared to the other two affiliate income options this opportunity takes less effort to maintain but as with any business still takes a certain level of work and commitment.
Here you can make good money selling lower volumes. However, the initial buy-in costs do often tend to be higher than the other 2 options. Another aspect to consider is that your commission payments are not broken down to smaller monthly payments, with this option you get paid today. There are some interesting and lucrative online businesses that run on the "get paid today" model.
