Why is Affiliate Marketing Popular with Home Based

By: Kanaga Siva
The great strides made in the development of the Internet in the recent past has enabled information to be transmitted thousands of miles away with such ease and clarity that time and space are hardly of any consequence to the Internet Marketer today.

Marketing Programs have literally taken over the Internet and riding high, is Affiliate Marketing.

According to the Computer Industry Almanac “The world-wide Internet population for 2004 was 934 million and the projection for 2006 is 1.21 billion.”

Sean Michael Kerner in an article in Click Z News quoting a spokesman for eBay states “According to eBay their largest affiliate earned over $1.3 million dollars in January commission, the largest amount yet in their affiliate program’s history. Their top 25 affiliates averaged over $100,000 per month each and the top 100 affiliates earn almost $25,000 each per month.”

With this sort of statistics around, is it any surprise that thousands of entrepreneurs especially those Home Based Business entrepreneurs with very small marketing budgets are jumping on to the Affiliate Marketing band-wagon!

Given below are some of the Popular reasons for this desire and urge to do Affiliate Marketing:

1. Cost Factor:
Most Entrepreneurs refrain from starting a brick and mortar business or for that matter a Home Based Business (non internet) because of the investment required. In Affiliate Marketing the set-up cost is negligible with most programs being free to join and the merchant even providing you with the tools, tips and websites.

2. Pick and Choose Products:
With dozens of Affiliate Program providers and thousands of merchants having their own affiliate programs, there are several thousands of products to choose from. You name it they have it! In fact there are even Fortune 500 companies to choose from. The idea is to pick and choose your niche products and promote them.

3. No need for an Inventory.
The hassle of purchasing, stocking of items and storing of finished items (in a production unit) and dispatching them are not there. There is no need to maintain an inventory. It is all handled by the merchant.

4. No need for Employees.
In any business the wages of the employees is one of the major expenditures to contend with. Here the problem does not arise since the marketer himself will operate his home business and probably get the assistance of a family member to help him.

5. Necessity for Customer Service does not arise.
Customer service plays a major role in the success or failure of a business. The advantage here is that there is no direct dealing with the customers. The website will automatically direct the customers to the merchants.

6. Two Tier Affiliate Marketing:
An attractive feature of certain affiliate programs is that they have a Two tier system, whereby affiliates can sign up as sub-affiliates below them. When the sub-affiliate earns a commission, the affiliate above him too earns a commission.

7. Income without a limit.
In a paid job the salary structure has a vice-like grip over your monthly income. Here the possibilities are limitless. Though it is not every marketer who earns a big income, the fact remains that avenues are all there for the enterprising marketer to make it to the big time.

8. Global Market Place.
You no longer need to restrict your market to your home town or country. With your well chosen niche product you can sit in the comfort of your home and target the Global Market.

9. Low Risk Factor.
The risk factor in Affiliate Marketing is so small that it has become one of the major attractions for many Home Based Business entrepreneurs especially for those with low marketing budgets.

10. Business works Right Round the Clock.
One major asset of Internet marketing is that your Website, or in other words, your Home Based Business never sleeps. It works right round the clock (24/7) making money from home for you.

Having indicated the above reasons for the popularity of Affiliate Marketing, it has to be mentioned that statistics indicate that only 5% of the marketers do make big money. It is presumed that there are of course several thousands of marketers who make some money, thus giving them an additional income.

As long as the top marketers in the 5% slab, continue to make their millions and the latter continue to make reasonable amounts of money and have the urge to emulate the top marketers, Affiliate Marketing will continue to draw the attention and be popular with Home Based Business Entrepreneurs.

You have permission to publish this article electronically
or in print, free of charge, as long as the bylines and my
Web site address http://www.business-fromhome.com (in
hyperlink) are included.

About the Author

Copyright © 2005 Kanaga Siva

About Kanaga: Kanaga Siva has been a Marketing Manager and Business Manager and has a wealth of experience in Marketing. He now operates his own Home Based Business. For Articles, Resources, Tips and Ideas to start a Home Based Business from anywhere in the World, visit his website, http://www.business-fromhome.com

Credit Card Merchant

Credit Cards

Credit Card Merchant

A credit card merchant is able to expand their client base by offering customers a more convenient and more secure purchasing option through credit cards. Those who are interested in accepting this payment method might be turned off by the fees that processing services take out of profits; however, the amount saved in more efficient processing and collections often makes the switch more advantageous. To begin accepting Visa and other credit cards , merchants must purchase a standard machine or virtual terminal over the Internet. Then it is necessary to sign with transaction providers who will process transactions for credit card merchants .

Becoming a business which accepts this payment method typically results in a much faster turnaround on customer payment and invoicing. For credit card merchants , a credit cards transaction is processed and deposited into their bank account in less than a week as opposed to invoicing customers which can yield 30-60 day payment turnaround times. Those who are planning to expand their business operations to the Internet may find that accepting this payment method is an absolute necessity. They can accept credit cards over the Internet without becoming a credit card merchant themselves via third parties like PayPal. These third parties accept the payments on the business’s behalf, but the business owners lose out on the expedited processing time. Plus, these third parties typically have slightly higher fees.

Become Debt Free in Less than 4 years


To find a transaction provider who will handle the processing of such payments, business owners should first check with the bank they already do business with. Most banks offer credit card merchant account services. Banks can be stingy regarding whom they approve for such services, so another option is a third party processor or independent sales organization. Both are less stringent than banks in approving applicants. Also, some financial services providers like American Express and Discover allow business owners to apply for payment services directly with them. Others, like MasterCard and Visa do not. Finally, owners should check with the local business association. Small businesses can often obtain credit card merchants processing at discount rates by going through a small business or trade organization.

Charging purchases can not only ease collections headaches but also gives business owners additional credibility in the eyes of clientele. Credit card merchants are able to expand their customer base by offering to accept a more convenient and secure payment method. Becoming a credit card merchant can help anyone move a business to the next level, whether it is through Internet offerings or general customer base expansion. However, they still need to put God at the forefront if they want to be successful. “Honour the LORD with thy substance, and with the first fruits of all thine increase” (Proverbs 3:9).

Pages (184): « First ... « 181 182 183 [184]