What is Affiliate Marketing? Is Affiliate Marketing Dead? Is Affiliate Marketing Profitable?

Affiliate/Network Marketing is not dead. It always has been and will continue to be one of the most profitable industries and business structures. It is because of Network/Affiliate marketing that the business world continues to advance. Affiliate marketing makes the world go round!

So many people thing that network/affiliate marketing is a scam, when in reality it is one of the most productive formulas in the world, as well as one of the industries generating mind blowing revenues. The world runs on network marketing, regardless where in the world you are. I feel the reason so many feel negative about network marketing is because of 2 things, either they had a negative experience or they had a negative mindset!

When being proposed a network marketing opportunity/product or being approached by a network marketer, one may say to themselves ” this person just wants to make some money on me or their trying to rip me off.” The one thing they have correct is that yes, network marketers are out to make money. Is not everyone. People go to work to make money, people start businesses to make money, people beg on the streets to make money.

Everyone needs money. Money to keep a roof over their head, money to eat, money to keep clothes on their back, money to take care of the family and pay the bills. Everywhere we go, there are always people trying to make money on us. Yet there is one thing that is different about when the network/affiliate marketer approaches. They are trying to make money on you yes, but they are also trying to help you make money.

The network marketing structure is based on the pyramid structure. When you look at a pyramid, you have one the top triangle on top of all the blocks. Each row you go down has more and more blocks, all the way to the bottom. It gets more and more crowded the further down you go. Now look at the pyramid from the bottom to the top. You start off where it is very crowded, and the further up you climb the less crowded it gets. There is no secret message behind that, and no negativity to it because everyone in the pyramid has the same opportunity.

Many think that single triangle on top of the pyramid represents one guy or the leaders of the organization sitting at the top and making all the money. This is a big misconception. The ones at the top are the ones who created the product to be able to provide the opportunity. They created their system of their organization, therefor making them the brains behind it all. Without them there is no business or money to make. They are responsible to handle all  legal matters, distribute earnings, pay all the bills, and keep things up to par.

Another way to look at this is the the top triangle on the top of the pyramid sitting on all the blocks, lets us know ” that it is lonely at the top and crowded at the bottom.” Those at the top had to work hard and invest alot of time and effort to get to where they are at, and the fact that they are there shows that it is possible for you to get there because if they can do it you can to. They just put in the most effort, worked the hardest, took the opportunity more serious than the others. They were good at mentoring and helping others. They had a heart to see others succeed, because they understand that in affiliate/network marketing, your success comes from helping others to succeed.

In business the pyramid is basically a word that means franchise. Lets look at how a franchise works. I am going to use the federal reserve, the United States dollar for instance. You have the federal reserve who are the authorities responsible for the US dollar. They create, print and distribute the money all across the USA, and to the world. We can say the federal reserve is the top triangle on the pyramid. Through their currency the US dollar, many financial institutions and franchises were created. Through the federal reserve, the Bank of America started. Bank of America started off with one branch, and now they have a branch in every single city in every state in the USA. In some cities they have multiple locations. The same thing for the Peoples Bank, Citi Bank, and all the others.

Through the federal reserve those financial institutions were able to create millions of jobs and opportunities for the citizens of the United States. Look at all the big franchises such as Mcdonalds, Walmart, Honda, Ford and the many many more. They all started with on branch and now they are all over the place. Everyone involved in them is making money, whether they are employed, affiliated with, or run the company. This is all an effect of network/affiliate marketing.

Lets say, you wanted to open a Mcdonalds. You contact the headquarters, go through the process, pay your fees and boom, you have your Mcdonalds. Now that you have your Mcdonalds, in order to keep it, you just pay a fee each month, pay your bills, take care of your employees and what ever else may need to be payed. After you take care of all the responsibilities needed to be taken care of so that you can stay in business, you have your profit to take home and do what you please with. Lets say that Mcdonalds is going well for you, and you know some friends that have money that are looking to invest. You sit down and talk to them, show them how well Mcdonalds is doing for you, convince them that they will profit. They decide to invest with you, or decide to go and contact the head quarters to get their own location.

Being that you are already an affiliate/business partner of Mcdonalds, the headquarters will give you a commission from the investment of your referral. This system exists in so many different aspects of business. I started in network marketing at a very young age, but I was not aware of it. We live network marketing since children and do not know it. I had a friend who owned a car detailing shop at the bottom of the Stamford Mall, in Stamford, Connecticut. He was very well known and was very good at what he did. Someone referred me to him. Once I saw his quality work and how he was making money regularly, I started working with him. On the average a full interior and exterior car detail would cost $150. I told him that if he agreed to pay me $20 for each customer I referred to him that payed to get their car detailed, I would bring him more business. He agreed.

From that day forth, every time I heard someone mention they need to get their car professionally washed, waxed, shampooed, and anything else in the car detailing menu, I would refer them to my friend. Every time they paid my friend, he would give me the $20 agreed upon. My friends saw that I always managed to keep a little money in my pockets, and they asked me how I was doing it. So I told them about my friend. In turn I offered them the opportunity to make money with me. I told them that to come to me when they had people that wanted their car detailed, and if that person paid the price, I would give them $10-$15 for their referral. Now I was making $20 on my personal referrals to my friend, plus an extra $5-$10 on my friends referrals.

I am sure you are familiar with Amazon. Amazon has one of the largest network/affiliate marketing programs/opportunities which is set up the exact same way. Lets say you have a website focused on cars. With Amazon affiliate program, you can promote car products that are sold on Amazon on your website. Every time someone visiting your site clicks on an Amazon ad, they get taken to the Amazon site. If that person makes a purchase, Amazon will pay you a commission for bringing them that sale. Plus that person is your lifetime affiliate, every time they login to their account and make a purchase, you will get a commission on every purchase because you referred them to Amazon.

Just about every company has an affiliate/network marketing program and they are all based on the same structure. When I first got introduced to network marketing online, I was asked a question that boggled my mind. I was asked “would you rather earn 100% off of your efforts, or earn 10% on the efforts of others.” My response was that I would rather earn 100% off of my efforts, but today after learning and understanding what network marketing is and how it works, I would rather earn 10% off of other peoples efforts. It’s really about earning off of people, its about being able to earn from giving others a chance to earn. The opportunity of being able to help yourself by helping others.

Network/affiliate marketing is an ancient and legal business structure that has helped the world to advance in so many different ways. Network marketing has created millions of millionaires. It has helped many people to quit their jobs, focus on running their own network marketing business from home. It has helped hundreds of thousands of people to make their dreams a reality and achieve their goals in less time than they have planned. Search the internet and ask around in your area, you will read and hear numerous testimonials.

Earlier I used Mcdonalds as an example and how the pyramid selling structure works, and I used my friend who owns the car detailing shop. In order to become a Mcdonalds business partner, I need a good amount of money, a location, legal documents and much more in order to start making money with Mcdonalds. Yet with my friend, I was able to make money with him without investing a penny. He has has business, product and service. I was able to talk to him for free, and make a deal/agreement with him for free. To make money with him, all I had to do was talk to people and refer them to him.

What I did with my friend is simple network/network marketing.  There are tens of thousands of affiliate marketing opportunities online. If you are looking for a way to earn some extra cash, get a new career or build a home business, than I suggest you take a look at affiliate marketing.

Essentially affiliate marketing involves a merchant paying a commission to other online entities, known as affiliates, for referring new business to the merchant’s website. Affiliate marketing is performance-based, which means affiliates only get paid when their promotional efforts actually result in a transaction. Affiliate marketing can be don online and offline, with or without a website. Here are some benefits of affiliate marketing;

 

  • Affiliate marketing opportunities are free to join and participate. Some have structures that provide the option to earn more money by purchasing an upgrade package. Example, an offer may offer free registration where you will earn 5% commission on all referred sales. Yet they may provide a few upgrade packages that pay higher commissions (silver package- 10%, gold package- 15%, VIP package-20%, etc..). So you can make money for free and upgrade your earnings
  • low overhead fee’s; a successful network marketing business does not cost much run. Keep your internet on and have a place to market from. For many the place to market from is a website. A website is a foundation of a successful online business. It is your online business location, where people know where to find you when they are looking for the products and services you are offering
  • No prior experience; you can get involved in network marketing opportunities with no experience because the opportunity provider provides training and education material on how to promote their products
  • Your the boss; in affiliate marketing, you are an independent contractor. You work for yourself. You decide when you will work and you answer to yourself
  • No limit income potential; in affiliate marketing, there is no limit to how much money you can make. If you can dream it, you can achieve it. There are affiliate marketers who have achieved more than $1milion a month.
  • Not time consuming; once you have taken the time to learn and build your foundation, you can literally spend less than 1 hour working daily. For some they only invest an hours time in a week. The key is to take the time to learn because the power and the success is in the knowledge (know how).
  • More time to do what you love; affiliate marketing helps you to create time to spend with your family and friends doing more of what you enjoy doing
  • Connections; affiliate marketing helps you connect to like-minded people  that want you to succeed and are willing to help you succeed
  • and much, much, more

Where to get started on affiliate marketing?

The best place to get started in educating yourself on affiliate marketing, and how it works. The success is in the know how. Would you prefer someone give you a one time gift of $10,000 or have them teach you how to make $10,000 a month? If I gave you $10,000, once you spend it it’s gone. Yet If I taught you how to make $10,000 a month, you would never go broke and you would be able to teach others how to do the same. There are many places you can go to online for learning, but I am going to direct you to the best of the best.

My #1 Recommendation is Wealthy Affiliate University!

Read my review on Wealthy Affiliate, Click Here!

 

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