subject: Residual Income Opportunities: Become a Successful Affiliate [print this page] Looking for a residual income opportunity? Its easy to become a successful business affiliate. Companies often enlist affiliates to do the job of finding customers for them and to sell their products or services to.
Once an affiliate has managed to get the customer, for example, to visit a web site his/her job is done. The company (or distributor) does the process of handling the order, the collection of payment, the shipping of goods, and the production of a service. The company simply waits for orders to arrive and leaves the marketing to the affiliates.
Who Benefits? This is a tremendous arrangement for all of the parties involved. Commission is paid to the affiliate on the value of the orders made. The customer receives the product or service that he/she was seeking. Finally, the company gets to sell a product or service to the customer.
Rules for Checking out Affiliate Programs: What to look out for?
Give the company a trial run.
o Go though the companies process as if you are a potential customer.
o How quickly do they respond?
o How professional is the customer service department?
o Pay close attention to the timeliness and quality of their replies; and of their literature or website.
o If their customer service is poor, this would be a good indication of the way that they do business. Companies with poor customer service are unreliable, don't pay up on time, or eventually fold.
Payment
o How high is the demand for their products?
o What are the commission rates?
o These two factors will be the primary determinant of your potential earnings.
Promotion
o How much does the company assist with promotion?
o Are advertising materials given to their affiliates?
o Will they allow you to have a personalized web site?
o If you can have your own web site, there would be no need to stop at just one product or company. Providing that you don't overload your web site with affiliate ads you could have many and profit off each and every one of them.
Cost
o How much does the affiliate program cost?
o Don't be deterred by affiliate opportunities where an initial payment is involved. Oftentimes, these offer advanced promotional techniques and larger commissions, which will quickly outweigh the initial payments.
o For example, $299 to join a program may seem like a huge sum, but if you regard it as less than one dollar a day to have the company's products displayed 24 hours a day to the whole world on your own web site it could be viewed as cheapcheapcheap.
Residual Income Opportunities: Become a Successful Affiliate