Using Associate Programs to Create Multiple Income Streams!
by Joe Reinbold
One of the hottest and fastest growing aspects of
marketing online is the Associate Program process.
Actually some are called "Associate", some "Affiliate",
and others may be called "Partner" programs. For
purposes of this discussion, we will call them
Associate programs since they all basically refer to
the same concept. You associate yourself with an
existing company and receive a commission for any
sales you generate. There is no better way to setup
multiple streams of income for yourself.
AND, they can be setup for little or no investment
on your part!
Many online entrepreneurs are part timers with limited
time and most of that may be devoted to marketing
their single product or network marketing program. If
you are in this situation and you need to increase your
monthly income, your solution may be the use of one or
several Associate programs. Even full time marketers
know the power of these programs. We are involved in
a number of them and can vouch for their powerful
income potential.
The primary programs we are involved in are either
one level or two level programs. These are not MLM
programs, although you can double your marketing
capabilities by creating multiple sales forces. These
sales forces put others to work for you, 24 hours
a day, all over the Internet!
One level programs pay you a straight pre-determined
commission for each sale you make. Two level
programs pay you a commission for the direct sale
you make and pay you an additional commission
for each sale those people make. If in a single level
program, let's say it pays a $20 commission, you make
50 sales, your commission is $1000. You would make
no commission on the sales those 50 people make.
Now let's say you made the same number of sales(50)
in a two tier program that paid you the same $20 for
your direct sales, and $10 commissions for each sale
made by those on your second level. So you would
make the same $1000 for the direct sales, but let's
say each of those 50 makes ten sales on their own.
That would give you an additional $5000 in
commissions (500 x $10)! I think you can see the
extreme power of a two tier or two level Associate
program.
Many of the programs furnish you with personalized
web sites, banners, sales material and other marketing
aides. If you have your own web site or page you can
very easily place a banner, button or text link to the
company sales site or your personalized site that they
furnished. One of the reasons these programs are
becoming popular is that in most cases, everything
is made up for you already, all you have to do is
become an Associate, add the link to your page or
site and you are off and running. In many cases your
personalized web page is already set up with meta
tags and can be registered with the major search
engines very easily.
With personalized URL's to the Associate sites you
can also use the URL in ads, newsletters, free for all
link pages, etc. This will create more traffic and sales.
In addition, you can advertise the Associate program
and use your own web site or page URL and create
even more traffic to your own site. This gives your
primary products/services more exposure.
You don't need a large budget to create these
additional income streams. Many of the Associate
programs are free. Others can range from a one
time $25 to $150. Over 50% of the Associate
programs we are currently involved in had no
charge to become an Associate.
Commissions can range from $10 to $65 per sale.
A number of programs pay you a set percentage of
total sales. What also makes these programs so
nice is that they take care of the ordering process,
credit cards processing, shipment and customer
service. Most also will notify you immediately by
automatic email when a sale is made under your
ID. So all you have to do is get potential buyers to
the sites. Most programs pay monthly, some quarterly.
My philosophy is this. If I can relate a particular
Associate program product or service to my site
in some way, what do I have to lose. If I can use it
to create more traffic to my site, Great! If I can
make some additional income, Great! If I can do
both, Tremendous! If it's a two tier program with
which I can create a sales force all over the world
that makes me money, Fantastic! It's a win - win
situation!
Joe Reinbold is an international writer and marketer
and publishes a free weekly newsletter, Home Income
Quarterly E-dition. If you would like take a look at the
Associate programs he is involved with, visit
http://www.homebizlink.com/affilpro.htm To subscribe
to his free newsletter:
mailto:subscribe@homebizlink.com| DISCLAIMER: The content provided in this article is not warranted or guaranteed by Developer Shed, Inc. The content provided is intended for entertainment and/or educational purposes in order to introduce to the reader key ideas, concepts, and/or product reviews. As such it is incumbent upon the reader to employ real-world tactics for security and implementation of best practices. We are not liable for any negative consequences that may result from implementing any information covered in our articles or tutorials. If this is a hardware review, it is not recommended to open and/or modify your hardware. |
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