subject: What Are Referral Affiliate Programs and How Can I Benefit From Them? [print this page] What Are Referral Affiliate Programs and How Can I Benefit From Them?
Well to start out I want to explain what it means to be an "affiliate" of a certain company. By definition affiliate means- "A person, organization, or establishment associated with another as a subordinate, subsidiary, or member"
This basically means that you are associated with Comany "X" and you refer people to that company through whichever means available. Affiliates get paid money every time they refer a customer,prospect, and/or distributor into a certain company. It doesn't necessarily have to be a company though...
So as an example lets say that I finished writing a book and I am selling a lot but I'm not satisfied. What I can do is turn my book into a referral affiliate program. What I mean by this is that I will let other people sell my book for me and I will give them a percentage of the sale. So if I sold my book for $50 and I offered my affiliates 75% commission, they would receive $37.50 every time that they sell one of my books. Now remember this is just an example. There are many many referral affiliate programs out there and some are dishonest others are honest and some are just superb. It is just up to you to do some experimentation with them to see what you like the best.
Now back to the question of "What are referral affiliate programs and how can I benefit from them?"
By now you probably have an idea of why they will benefit you but you don't really have the how..
You might be thinking to yourself.."well I don't want to spend my time referring people and bothering friends and family just to make a few bucks"...what you don't realize is that you can add affiliate referral programs as your "funded proposal" step in your attraction marketing sales funnel no matter what product or service that you are advertising.
A "funded proposal" is something that is offered in your attraction marketing sale funnel before you offer your primary business opportunity, product, or service. The "funded proposal" usually is something small and valuable like a training book, course, or set of videos that the prospect or potential customer will be willing to buy because it is not expensive and it will help the prospect or customer a great deal.
Now the challenge here is to find the "perfect" referral affiliate product or program that you would like to set as your "funded proposal" Because having just ONE good affiliate program as your funded proposal will bring you a ton of cash before that customer, prospect, or subscriber even buy your product or get into your primary business.
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Your Friend,
Eddys Velasquez
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