Affiliate programs are an excellent home business idea for the beginning home business owner. You can start right away marketing products or services from a few excellent merchants that you respect.
An affiliate business is good for people who don't like to do some of the nitty gritties associated with business like order fulfillment, product shipping and returns, customer service, accounting, etc.
Affiliate marketing is best done as an online business, though there are a few
affiliate marketing programs which do provide offline sales supports. Merchants pay you to refer customers to their website products or services. If the customer makes a purchase, you receive a commission.
Advantages and Disadvantages
The main advantages to affiliate marketing programs are these:
Drawbacks to affiliate programs are these:
Guidelines for Getting Started With Affiliate Programs
Affiliate marketing is NOT a get-rich-quick home business idea. You cannot simply place a banner on a website, or place a newspaper ad, and expect the money to come rolling in. It takes smart, diligent work to know how to create a good income using affiliate marketing programs.
For maximum success you will need to create a unique, content based website about an area of interest to you and provide recommendations to a few top quality merchants whose products and services are relevant to your website theme. In your website you'll include a link to their site.
You will need to bring a LOT of traffic (visitors) to your website, and you'll need to know how to effectively recommend your affiliate products and services. Don't worry, we have some good resources here to help you get started if you're a beginner.
You'll also need to build relationships with your visitors with a newsletter or blog that provides regular information and updates to your subscribers.
What Does an Affiliate Business Look Like?
The most successful affiliate businesses are those that have a unique, content rich website that provides real value to visitors. The affiliate products and services are recommended but they are not the focus of the site by any means. The goal is to build a unique site, full of great information ... build trust with your visitors.
There is a tool I found that dramatically shortened my learning curve with this. I'm one of those people they write those "Internet Marketing for Dummies" kind of books for. Not to disparage myself, as I did manage to graduate from college... but I really am not technically inclined in the least. I found this amazing course on how to succeed with affiliate marketing. Amazingly, this course was, and still is absolutely free! This course is responsible for the checks I receive in the mail every month from my internet business! You can pick up your own free copy of this course, which is a PDF document, right here: Free Affilate Masters Course .
How To Succeed In Your Affiliate Business
The best way to learn how to succeed in an affiliate business is to learn from those who earn a good portion of their income from affiliate marketing.
Another of my favorite resources on how to succeed with affiliate programs is The Affiliate Master's Course which is what taught me how to make money with affiliate marketing programs. Amazingly, this course is 100% free and you can get it right here on our site, compliments of HomeBizWomen.com. :-)
Most internet marketing experts lose me with hype or with the high prices of their products. The Affiliate Master's Course advice stands out from the rest in my eyes. You can tell from the author Dr. Ken Evoy's easy writing style and the abundance of free resources he offers, that he loves helping other people to succeed.
This course will give you some fantastic ideas on how to become successful with affiliate marketing... ways that will be fun for you. I can't say enough about this course, which has been invaluable in helping me to create a home business. It sounds corny, but this course changed my life. Amazingly, it is STILL absolutely free! You can download it here.
For more information on the affiliate marketing programs we like, go to our best affiliate programs page.