Hardly a day will pass when you are not exposed to some sort of advertising to get rich quick. Most of these are coming from affiliate marketers who want you to help them sell their products. This can actually be a lucrative investment, if the product is right, and you know how to market it.
What is Affiliate Marketing?
Affiliate marketing is a smart way to get your product noticed, without having to pay much in advertising. Instead, you commission – not hire – sales people to pitch it to the world. For their time and efforts, they are paid a commission for every sale that they make. The potential to earn even more lies in their ability to attract other marketers, allowing them to earn a percentage of their sales as well.
Let’s say for example you found a great new product like a konjac sponge. And the company that you bought it from has an affiliate program. You sign up, and then begin extolling the virtues of the konjac sponge to everyone in your contact list. You might even direct them to visit a review site for konjac sponges just so they can get a better understanding of how great it works.
Now, you have made a few sales, and start telling a friend how easy it is to make money with this wonderful konjac sponge. So they want to do it to. They list you as the referral when signing up, and now each time they make a sale, you make a profit.
Is a Software Program Necessary for Affiliate Marketing?
If you do decide that you can make a living off of selling the konjac sponge or other natural products, you are going to want a good software program to help you keep track of your own affiliates. The key to making money here is not in your direct sales, but in coaching and managing the marketers you have recruited. By using a software program, you can track their results, keep up with their marketing methods, and let them know what’s working and what is not.
The main purpose of a good affiliate marketing software program should be tracking the results not just of the individual, but of their specific actions. This enables you to be a better coach, by zeroing in on their strengths and weaknesses.
If you are looking for a way to earn some extra cash from home, then stop sending the make money emails to the spam folder. Take the time to check out the product first to see if it is as sellable as a konjac sponge is. Get a software program once your empire starts to grow, and you just may be one of the lucky ones making money off of someone else’s hard work.
25 Jun 2015