subject: Affiliate Marketing - New Horizons [print this page] Affiliate Marketing - New Horizons Affiliate Marketing - New Horizons
When you set up your own business with mortar and bricks, you have a product to sell. With affiliate marketing, you set up a business without the bricks and without a product, because you are selling someone else's product. A number of people in affiliate marketing make a good living by marketing big chains like Sony, Amazon, and Best Buy etc. and other sites. There is a vast range of these markets, and you can select one according to your interest and make good money with affiliate marketing. Although it requires lots of skills, and the most important skill for affiliate marketing is the skill to draw traffic to your pages.
Once you begin to direct traffic to your web page, it gets into 'sales funnel.' When a client goes in the funnel, your work is done, and the merchant's job begins. There are many ways to direct traffic towards your web pages, for example Blogs, Twitter, My Space, Facebook etc. You should also increase your knowledge base. Knowledge will always help you.
Affiliate marketing brings gains to you, and also to the merchant.
Broad Market Spectrum: They get a wide market to advertise their products. More sites mean more sales, resulting in more profits.
Low First Investment: The basic investment is hard work and time. You can spend money on buying a domain name, or create a free site using WordPress.
No Inventory: You do not need to keep inventory, or store any products in affiliate marketing. The manufacturer handles all these things. You just need to direct traffic to the merchant's site.
No prior experience needed: You do not need to have any previous experience in the area of sales, to step into the world of affiliate marketing. Though, hard work and persistence are definitely required.
Passive Income: You can earn passive income even when you are away, or sleeping. Once you have laid the stage, you can sit back and relax.
Small Risk and Big Income: There is minimum risk involved because the investment is low and income is high. The major investments are your time and work.
Affiliate marketing is an interesting way to earn good income, working from home. It does require hard work in the beginning, but after everything is set up, you just need to relax as money rolls in. It is by far, the best way to earn money on the Internet.
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