What is affiliate marketing? This is a question that is being asked more and more by network marketers from all over. People claim that they can make thousands of dollars every single month in affiliate commissions on autopilot whilst simply networking with people to join their MLM companies. How are they able to do this and are you a networker currently missing out on a potentially huge additional income?
Today’s review highlights how you could generate multiple streams of income using online marketing instead of leaving all that cash on the table for someone else to come along and take. The concept of affiliate marketing was first launched to the world back in 1994 where CD retailer ‘CDNOW’ took advantage on signing up individuals to their affiliate program in order to help sell their products. Affiliates were paid commissions per sale and used their own basic web pages to help promote the product online. This proved to be a great platform for both the retailer and affiliate as the company were able to sell millions of CD’s worldwide and the affiliate was able to generate a great income in the process. Other online companies first asked the question “what is affiliate marketing” and then jumped on board setting up their own affiliate branding.
Moving now to the present day and thousands upon thousands of companies have set up their own affiliate programs which have seen affiliate marketers working with multiple companies generating 6 and even 7 figure incomes in the process which is great. Everything from wedding dresses to gold and silver coins have affiliate programs attached which means you have a wide range of choice regarding what products to market. In some cases affiliates can even generate income simply by consumers clicking on your link, “yes you did read correctly, you can make money by individuals purely clicking on a link” as well as filling out simple surveys or entering basic contact details.
In recent times network marketers have jumped on board with this money making trend, however what is affiliate marketing in relation to your MLM business and how can this help expand your down line? The truth is affiliate marketing has nothing to do with growing your down line; affiliate marketing is something that networkers have put in place to create a frontend income. More and more network marketers are turning to the internet everyday to market their business which has proven to be very successful. Using the full range of attraction marketing (personal branding) strategies may require you to set up blogs and other lead capture pages, these are great places where you can place your affiliate links and banners that consumers can click on and make purchases which generates you an income.
It is important for network marketers to have affiliations with companies whose products or services are in relation to MLM or something along those lines i.e. Network marketing eBooks, lead generation solutions etc. There is no point adding a wedding dress affiliation to a blog with has nothing to do with that niche whatsoever. MLM online giants like Mike Dillard, Jonathan Budd etc who all have their own affiliate programs could have products more suitable to your niche. Some consumers may not want to buy any of your own network marketing products neither may they want to get involved in your down line, if they are familiar with giants like Mike or Jonathan and see a link on your site if they click and make a purchase then you will be credited with a commission which is great. The tracking that most affiliate companies have is first class which means even if consumers buy at a later date directly from the company website you will still be credited as the system recognises that your website was the first place the consumer learned about the product.
Working in this way can help you generate thousands every month all on autopilot. Building your network marketing business and making these additional commissions on the frontend is fantastic and will help to create your financial freedom quicker than normal conventional methods of just selling your MLM products and expanding your down line. This is how network marketers are able to say they can even generate an income from people who say NO to their opportunity.
Hopefully today’s article answers some of your questions regarding what is affiliate marketing, however how the heck are you going to be in a position where you can promote affiliates etc. Setting up blogs and lead capture pages is much too difficult and expensive so will this really work? Fortunately there are pre designed systems out here that will give you all the tools and knowledge that you need to start creating a huge online presence which also allows multiple affiliations of your choice, this all forms a part of your online business. Setting up your MLM business online is very inexpensive with most marketing strategies being free.
In summary what is affiliate marketing and how can this help your MLM? Using affiliate marketing combined with network marketing will have you generating multiple streams of income on autopilot. It allows us to capitalise on maximum earnings whilst helping others find exactly what they are looking for regardless whether or not the individual wants to join our business. Network marketing leaders including Mike Dillard, Brian Fanale, Cedrick Harris, Jonathan Budd etc all use this same strategy, how else do you think they are able to make so much money every single month lol.
Finally will you use this “what is affiliate marketing” article to help you capitalise on all the potential earning involved in online marketing? Learning the strategies and tools you need to create an online presence is simple, click this link and create your success today.
