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What Is Affiliate Marketing?

Filed Under (affiliate day one) by Luis Tee on 11-05-2008

Just what is affiliate marketing? Simply put, affiliate marketing is selling other people’s stuffs, that’s all it really is. On one hand you have a merchant, the merchant can sell any type of products, that can be physical goods, service or digital products.Merchant who sells digital products , like http://www.clickbank.com/, it is selling digital products. You can become the affiliate of that sites, and if someone clicks on the merchant’s site through your site, and if they happen to purchase something, you will get commission paid by the merchant for that purchase.

It’s that simple. In fact there are hundreds of products that you could instantly promote from Clickbank and then get a commission base on every sale. Many people are real big fan of selling digital products because the overhead is low and the commissions are usually very high. For example if you promote Alvin Phang’s ebook -Atomic Blogging 2.0, you will get 70% of commission out of the ebook sold.

If we are talking about physical products, the most famous example would be Amazon.com, in fact Amazon.com is one of the first merchant who started the affiliate marketing. You put their affiliate link on your website, and again, if somebody like it and click on to their page and purchase a book, Amazon will pay you’re commission for that purchase.

There are thousands of merchant with products to sell, they want you to sell their stuff. And you earn money by selling their stuff.

There are other affiliates marketing with subscription model for example the Wall street Journal, if you sign up for their affiliate program, and if visitors to your site make that purchase you then earn a commission. Some membership site and subscription base program actually pay monthly recurring commission, and this is favorable to most of the affiliate marketers. So in affiliate program is just really selling other products and if you have website, you can do this and make money online.

I hope this explanation of affiliate marketing would benefits people reading it.

To your pursuit of Happyness

Article by Luis Tee

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The most important thing in internet business

Filed Under (affiliate day one) by Luis Tee on 07-05-2008

The world today is operating at 80-20 rule, you have 20% of the population owning 80% of the world’s wealth. With 80% of the populations either living in the poverty or middle class. Why is this happening? What actually make the difference between those 20% and 80% of the people?Rich people create wealth by ideas, they usually manage to turn that idea into actions, multiply the actions and that’s bring them a lot of money. Out of the so many businesses out there, you will find that internet business is one of the easiest ways to start and to excel.

However, 90% of the internet business today failed and in my opinion the reason for that failure is basically they don’t have the passion on the thing they are doing. Of course, the number one factor is to the success would be PASSION, this applicable to internet businesses. You got to have passion in what you are doing now in order to persist and prosper.

My name is Luis, I started off a few business myself, being involve in a couple of industries myself like MLM, property and sales, I try and try but I still failed, later to find out that the reason for that failures were I actually don’t like what I was doing, I was actually going after the money rather than enjoy what I was doing. That kind of mindset drove me to give up at the end because it is kind of misfit to what I dream of in life.

Hard for me to pull through actually, I had worked day and night, besides normal job I was holding, I had to go for appointments, deliver goods and attend to complaints. It was a difficult situation, I worked till 11pm everyday, I totally do not have time for my family, , my girl friend (during that time, now my wife), and some of my personal commitments. I started thinking, is it worth to sacrifice everything? I was like sacrificing all my time into the businesses, hoping to be succeeding in the business. Sooner I found that instead of getting what I dream of, I started losing what I had

Would they be a way where I could still continue what I am doing now (my job) and still be able to start a business? Internet business popped up in my mind and this where I am landed now.

I enjoy what I am doing now, it is and it will be a happy encounter I have in my life. I am like exploring a big jungle of knowledge and eager to consolidate them all into a ONE STOP blog site for the benefits of my visitors. This is why I name my site “Great Self Learner”, because everyone is a great self learner, most importantly you must learn it and share it.

The first criteria of what you want to do better is not all the technical skills you acquired, but more to the drive come from within. The passion, the drive that comes from deep inside your heart, of course… with the right motive.

You will see there is a lot of website telling people how to do better in internet marketing. To me, all those step 1 to step infinity is immaterialize without a right mindset equipped with drive and passion.

Forget about all the steps, just focus on what you like and what you have passion in, build the strong fundamental for the right purpose.

To your pursuit of Happyness.

Article by Luis Tee

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Why You Must Start An Online Affiliate Business?

Filed Under (Affiliate Newbies, affiliate day one) by Luis Tee on 26-04-2008

There are some FAQ for those who wish to start an affiliate business online, questions like:
• Why affiliate marketing is the best choice for high income and low risk business?
• What makes affiliate marketing or online business profitable when there are millions of websites around?
• What makes affiliate marketing successful?

There are four reasons why you must choose affiliate business:

1. Low Set Up and Maintenance Cost
Unlike traditional business, affiliate marketing or online business only required very minimum starts up and set up cost, All you need is to register a domain and a hosting which will only cost you few hundreds dollars a year, you can simply run them from home without having to rent shop or to keep stock. The very next thing to do is to keep your readers informed, attached to your website and draw as much traffic as you can. Almost zero maintenance cost.

2. Worldwide market place
In affiliate marketing, you can sell your products to everywhere else in the world, regardless of location, races and region. It is the global market you are targeting. You can reach out to the people from every corners of the world. All you need to do is to find a niche market where there is intense needs flooded with buyers who are willing to pay for it.

3. No inventory at all
Affiliate marketing doesn’t require you to carry inventory. You are representing a company; the company will handle all the delivery and handling of customers enquiry. You don’t have worry about buying goods and even fork out your cash for stocks. There is no warehouse management, no supply chain issue, and no staff management issue. You only have to do two things, sign up for affiliate products and start promoting your site, attract more people to your site and get your messages heard. If people trust you, they will start to buy your products.

4. High Margin products
Internet products are all high margins, especially digital products like ebook, audiobooks and software. If you are an owner of a product, there is Zero duplication and delivery cost.

These are four major benefits you will get if you were to start off with an affiliate marketing business online. If you are to explore deeper in this business, you will learn even more.

Thanks

Luis Tee

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