Build A High Profit Business With Affiliate Programs

QUESTION: I am considering starting an ebusiness using affiliate programs, but there is so much hype out there I can't figure out which programs would work best for me. Everybody claims their program is best. I'd really appreciate some guidance here.

ANSWER: Great question, Todd. Affiliate programs can be an excellent way to start an ebusiness. Before we dive into the specifics, let me explain how an affiliate program works.

An affiliate program simply means that you sign on as an affiliate marketer for someone else's product. It's your job to market the product, send the company customers, and get a cut each time a sale is made from your efforts. Affiliate program commissions can range from as little as 2% for high ticket items up to 50% for ebooks and informational type products.

As an example, let's say you sign up with Amazon.com's affiliate program. You are assigned an affiliate code which you use to promote Amazon's books on your website. When someone clicks to purchase an Amazon product from your website, your affiliate code is included in the URL and you get a commission for the sale. Some folks have built elaborate websites that sell nothing but Amazon.com's books, and each time they make a sale they get a piece of the pie.

One of the most appealing aspects of affiliate programs is how quickly you can begin making money. You can literally sign up as an affiliate and begin making money in minutes. I've done it, I know it works.

Admittedly, I am not an affiliate program expert, so I sought out the person that many call the Ultimate Affiliate Program Authority, Rosalind Gardner.

Rosalind Gardner began making money with affiliate programs in 1997. She has since grown her affiliate business into a $400,000 a year business and is now considered the authority on the subject. Her book 'The Super Affiliate Handbook: How to Make a Fortune Selling Other People's Stuff Online' has been out since March and is already considered by many to be the affiliate marketers bible.

I ordered Rosalind Gardner's book as research for this article and I have to tell you I found it to be one of the best books on the subject I have ever read. It's a hype-free approach to what affiliate marketing is really all about and how to make it work. The book is 270 pages and leaves no stone unturned. For anyone serious about making money with affiliate programs, I highly recommend this book.

The bottom line, Todd, is this: you can make a lot of money with affiliate programs, if you pick the right product and do your part to promote it. As for which programs would be best for you, I advise that you concentrate your efforts on one or two products instead of starting with a shotgun approach. Pick only top quality products that hold some personal interest you. Never pick an affiliate product just because you think you'll make a ton of money with it.

Remember, you are starting a business. If it's not a business that holds your interest, you won't be in business very long.

Small Business Q&A is written by veteran entrepreneur and syndicated columnist, Tim Knox. Tim's latest books include "Small Business Success Secrets" and "The 30 Day Blueprint For Success!" Related Links: http://www.smallbusinessqa.com http://www.dropshipwholesale.net

In The News:


CNET News

Mozilla revenue $75 million in 2007, up 12 percent
Ars Technica, MA - Nov 19, 2008
Other sources of revenue include the revamped Mozilla store, affiliate programs, and interest on investments. The nature of Mozilla's agreement with Google ...
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Seeking Alpha, NY - 15 hours ago
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Out of the Starting Gate : tyBit's First Payout to Affiliate Partners
Emailwire - Nov 19, 2008
Lastly, tyBit delivers fast, relevant search results to its users and pays its affiliate partners the most robust revenue share in the industry. ...
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Outdoor Channel Holdings, Inc. Q3 2008 Earnings Call Transcript
Seeking Alpha, NY - 3 hours ago
I believe we are nearing a point where we will begin to see a drop level with regards to affiliate fee decreases. At any rate, we are taking a cautious view ...

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The Port Authority will own the project and lease it to an affiliate of Western Southern with the option to buy. The city and Western Southern are working ...
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Ottawa Citizen

The Walt Disney Company Reports Earnings for Fiscal Year 2008
MarketWatch - Nov 6, 2008
The increase in affiliate revenue was due to contractual rate increases and subscriber growth. Increased advertising revenues reflected improved rates and ...
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Disney's 4Q net income falls 13 percent The Associated Press
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New Relic Launches Affiliate Program
PR Web (press release), WA - Nov 20, 2008
Rails organizations can generate revenue for recommending popular RPMā„¢ application management tools; nine organizations sign up as charter members. ...

China Distance Education Holdings Limited Reports Fourth Quarter ...
MarketWatch - Nov 17, 2008
BAI is an affiliate of Bertelsmann Asia Investment AG, a shareholder of the Company. Prior to BAI, Ms. Long was a principal of Bertelsmann Digital Media ...

Host Department Launches a New Affiliate Program
MyHostNews.com (press release), OK - Nov 19, 2008
Moreover, to join the affiliate program, affiliates just need a website and a PayPal account to rake this instant revenue.
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