One of the biggest negative aspects faced by new entrepreneurs who are thinking about starting their own business online is the fact that they have no actual product that they own. So they ask, how can I start a business when I have nothing to sell?
And lets face it, not everyone has a product to market and sell online. And most do not have the money to create their own product, manufacture it, store it and set up a billing and delivery process. If they had the money to do all that, they probably would not be looking to start a business online.
One of the great things about wanting to work at home over the Internet is that there are options to start very inexpensively and to make a lot of money regardless of whether you have your own product.
So What Are The Options?
As I indicated, there is no need for you to have your own product or service in order to start making money at online. And I don’t want you to be one of the many that think about it, say to themselves – “I can’t do this” and then quit before they start.
One of the best ways of creating income at home online is through the use of affiliate programs, which I defined here in an earlier post. In short, an affiliate programs is where you promote and sell someone else’s product or service and receive a percentage of the sale price as your commission or a pre-set amount as your share.
A Win Win Situation!
Affiliate program relationships are great for both sides, the business owner and the affiliate. The owner is able to increase his or her business and bottom line and the affiliate gets to create income without all of the hassles of owning their own business.
As the affiliate, you are creating income not only without having to own your own product but you also do not have to stock products, ship products, have a billing process in place or have a customer service responsibility. All those responsibilities are handled by the business running the affiliate program.
Your responsibility as the affiliate is to advertise the products and send buyers to the company website and then receive your commissions either by check or electronically directly to your bank or a processor like PayPal. It is a pretty simple process.
What Type Affiliate Programs Should You Look For?
We all worry about getting involved with a scam and loosing our money. So that is something you need to be very careful of and make sure you do your research.
A good affiliate program should have a history online. I always look for ones that have been around for a number of years, I don’t want to get involved with one that will be here today and gone tomorrow, as they say. I also look for some other attributes.
— Do they offer promotional material like sample ads and banners
— Do they have a good affiliate tracking system so that you know your are going to get paid correctly
— Does their commission structure allow me to make good money for my efforts
— Do they furnish an affiliate website for me to promote their business
The last, an affiliate website, is one of the important aspects for someone starting out new and not having their own website. An affiliate website is a site furnished by the affiliate company that is especially coded with your affiliate ID code so that you get credit for the sale from anyone visiting it and purchasing the product or service. This site should be furnished by the company at no cost.
I have seen some affiliate companies charge monthly fees for an affiliate website. When I see that, I immediately go look somewhere else. I personally do not think that an affiliate company should charge you to promote their product or service.
So in summary, affiliate programs can be a great advantage if you do not have your own product, service or website. They can be a way for you to start creating income at home very quickly.
Wish you the best of success,
A proud member of Wealthy Affiliate