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There is no other business model like affiliate marketing that has such a low threshold for getting started online.
I've listed 11 reasons why to become an affiliate marketer.
1) You Can Sell Anything.
There is no end to the products and services you can sell online as an affiliate marketer. Think about it – what is not being sold online nowadays?
And the most successful affiliate marketers promote things they love. It’s already a hobby or a passion.
2) You Don’t Need Inventory.
All of that is taken care of by the company you’re affiliated with – so you can build your affiliate empire out of a one bedroom apartment.
3) You Don’t Need A Merchant Account.
The merchants have the payment system in place for their customers. In most cases they will either direct deposit your commissions or pay you through PayPal. No fuss No Muss.
4) No Customer Service.
You’ll never have to deal with any customer service issues, if anyone has any problems, questions or a concern that’s all handled by the company.
5) No staff.
You don’t need any employees to run your business. And if you do need something done, you can simply hire someone on a per project basis. A great resource for that is Freelancer or Fiverr (get things done for $5)
6) Work Anywhere.
It makes no difference where you live, and as long as you have access to an internet connection you can maintain and grow your business – from home or even while you travel.
7) Huge Income Potential.
Right now if you’re working for someone chances are they have set your monthly income. As an affiliate marketer your income is only limited to your desire to earn as much as you want.
8) Very Low Risk.
Unlike a brick and mortar business where you have to buy stock – with affiliate marketing if a product or service is not selling you can drop it and sell something else. There are no contracts or long term commitments as an affiliate marketer.
9) No Sales Experience Needed.
Most people who start as affiliate marketers have no sales experience and are wildly successful. Most companies provide their affiliates will sales and marketing material. There are also fantastic communities that specialize in affiliate training and coaching.
10) Your Open 24 Hours A Day.
Your business is online so this means your marketing is working 24 hours a day.
11) Residual Income.
This is my favorite part of affiliate marketing. You can build a residual income buy promoting products or services that have monthly payments.
As long as the customer stays with a recurring program you will keep getting a commission from that customer every month. This can add up quickly.
Let’s say you’re promoting a product that gives you $22.50 per month for each customer you refer. Just imagine having a hundred customers - that’s $2250 per month; now imagine 200, 500, or 1000 customers.
You can see the income potential is unlimited.
If you've been sitting on the fence about affiliate marketing I hope this article helps you jump off that fence and hit the ground running.
Hey, Leo, great article. I like the open 24 hours a day comment. Need to find a good product and help people find me. Thanks for your words.
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