Thursday, March 16, 2006
Online Income from Affiliate Programs
If you have been searching for online business opportunities then you have probably read something about affiliate programs. Companies establish affiliate programs to increase sales of their products, and they hope to attract enough people to become affiliates to dramatically boost product sales. The most common way for people to make money online with affiliate programs is by posting a link on their web site(s). When a customer clicks on that link and buys the product, the affiliate earns a commission.
Affiliate programs offer many advantages compared to other business arrangements. Startup costs are minimal. The only money you spend is to promote the product, whether through a web site or other means. You do not actually sell the product, so you do not spend time shipping the products or spend money to buy them at wholesale prices, hoping to sell them later. Another advantage is that you do not have to worry about unsatisfied customers returning the product to you.
A good way to start making money online with affiliate programs is to find a subject in which you are interested and then set up a website. After the website is up, find companies that sell this product and register to be an affiliate. They will give you some code to paste into your website. You can use text codes or pictures, but text code seems to be the most effective for converting to sales.
Look at web sites in your area of interest. For example, if you are interested in music, look at sites devoted to your favorite musicians. Study them to see how they place ads. Notice your responses to those ads. Some are annoying, but others will make you want to click through. Learn from this and place ads similar to those that interested you.
Starting a website devoted to something you love is rewarding. If you need some extra money, making money online with affiliate programs can be a useful addition to something you already enjoy.
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