Monday, January 5, 2009

You Can Create Multiple Streams of Income Promoting Affiliate Programs

Affiliate programs have become very popular now-a-days because they are very easy to promote and zero risk. Thousands of webmasters and individuals are earning regular income promoting popular affiliate programs. This is an important home based business from which anyone can earn money just operating from home with a computer and internet connection.

What is an affiliate program

In an affiliate program, a company (merchant) has an agreement whereby they pay you (the affiliate, who promotes their product or service). a percentage of the sale for every customer you refer to their website through your website or blog or other promotional methods when the visitor purchases from that company or even if signs up a form (CPA- cost per action or CPL - cost per lead) programs. The merchants pay lucrative commission varying from 15% up to 60% on per sale basis. Apart from residual commissions, many merchants offer two-tier and even three-tier programs, which builds a regular stream of income.

The reason of popularity of affiliate programs is the ease and convenience of transaction online. Millions of people all over world buy and sell products online. The merchants and buyers deal with each other with trust. According to recent researches, the volume of global business is likely to increase manifold in the coming years.

Researches suggest that since developing countries have jumped in the internet marketing arena to tap its potential. This has presented fair opportunity even to average persons like you and me to start home based business of selling useful and in-demand information on the internet and make money. No specific qualification required for affiliate marketing and anyone can earn money on the internet selling affiliate products of other merchants on part-time or full time basis from the comfort of home with a computer and internet connection.

Another reason is that demand of information products pertaining to specialized niche markets is increasing day by day. Information products are nothing but e-books or special reports, in digital form. Digital products are cost effective compared to paperback or hard cover boks because no printing, handling or shipping is involved. These are instantly downloadable products, upon payment by credit card or other methods.

It is not that only info products are being sold online, even hard goods from electronics items to books to cars, almost everything is sold and purchased online 27/7. You can join and promote select group of 5 to 10 strong, in-demand and reputed affiliate programs with no or little upfront cost and start earning money right away.

The commissions paid on digital products are quite high and a little less on electronic products or hard goods. Affiliate programs mostly are free to join. An important thing to consider is you join only reputed and strong programs that have online presence for a long time and pay commissions to affiliates timely. To be continued in the next Post…

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