Major businesses achieve world reach by using agents or distributors in the regional markets. An agent will represent the principle and receive a commission on each sale. A distributor will buy product(s) and resell in the market.
The business will have great challenges in motivating and managing its agents and distributors. With an affiliate business the situation works in reverse but people have still not cottoned on to the great opportunity.
A product is created and via Clickbank and the like, ordinary people who are computer savvy can create an affiliate business and start affiliate marketing.
The Internet overflows with ‘gurus’ telling us how to select products for our affiliate business – usually part of their efforts is to get us to represent their product or service.
There are also experts on ‘list building’ showing how to build your list to which you market their great exclusive product. Keep on following these mouth watering promises of great fortune and you will spend time and money with very little reward.
Sure there is money to be made if you follow some essential principles.
- There must be an eager ready to buy market – for the product.
- The product must be top quality.
- The affiliate program must do the following;
3.1 Pay good commissions – more than 50%
3.2 Be a two tier structure – which means that you can recruit affiliates so that you get commissions on your direct sales from your affiliate marketing efforts plus a share of the commission from the sales made by affiliates you have introduced.
Follow these guidelines and it’s possible to create a sound long lasting business. But you won’t do it by just reading this article. So, as with much on the Internet where do you get top quality easy to follow information that will take you through the processes of setting up a sound affiliate business?
If you are seriously contemplating an online business my recommendation is that you look at the FREE – Affiliate Masters Course from Dr Ken Evoy, you can down load it from here. When you are ready to develop your business I further strongly recommend you become familiar with the whole of Dr Evoy’s.