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This article gives an idea about internet business. It also gives information about affiliates and vendors. Affiliates are a link between vendors and customers. Vendors are usually rich. The suppliers may promote their products and may directly or indirectly sell their products.
First let us see about affiliates.
1. Joins with a vendor or Market place:
Mr. Affiliate decides to earn money by online. He is ready to begin promoting products of the vendors.
2. Promotes the Products of supplier:
Then he/she visits the company or vendor and has access to the products available for promotion. No contracts or waiting. He loves vitamins and chooses the e-book "Vitamins" by Mr. Vendor. Within seconds he creates a link to promote the product.
3. Promotes the Link of vendors:
He/she works online, posting his link on his vitamins blog, in the e-book review he writes for vitamins forum and in his email newsletter for vitamin users.
4. Earn commissions by promoting:
His/her persistent and continuous work gives results. The vendor or market place pays Mr. Affiliate his commission each time when a customer buys vendor’s product.
5. Choose and promote as many products as possible:
After tasting success he/she finds more vendors and companies and chooses other products to promote. Mr. Affiliate promotes more products and his/her earnings increase many times. After earning more money he/she may become a vendor or start a new business.
Now let us know about vendors
The vendors do the following activities to become successful. The vendors are rich compared to affiliates.
1. Vendors create their Product:
Mr. Vendor likes vitamins. He/she wants to share his experiences with others and turns his like into profit to earn more money. He/she creates an e-book called vitamins and a simple web site to promote his e-book. Mr. Vendor needs more money and wants to attract customers and affiliates.
2. Suppliers promote their product:
He/she discovers to advertise in the market places that offer good online environment for his e-book vitamins. The market place has active affiliates to promote vitamins for a reasonable commission.
3. Sets up his Product:
With the market place Mr. Vendor works with to suggest the retail price and an attractive affiliate commission he wants to pay for vitamins. Supplier then submits his e-book to the market pace for approval and also advertises his product.
4. Activates his product:
The market place approves Mr. Vendor's product and completes the remaining formalities. The e-book vitamins is now live in the marketplace. The e-book vitamins is available for affiliates to promote and gain profits.
5. Profit from a great idea:
The market place pays Mr. Vendor and the affiliates for each sale. The e-book vitamins becomes a great product and helps the buyers.
This is about vendors (suppliers) and affiliates. It is always better to be trained to know about the details of internet marketing. With persistence and hard work it becomes easy. My good wishes and best of luck.
I liked how you laid this out. It was easy to follow and understand.
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