Starting An Online Business Video Course – Part 3

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Hi everyone. Thank you for watching our courses — let’s quickly recap what we’ve already learned. We have talked about various reasons for starting an online business, 4 keys to a successful business — these were Mindset, Focus, Education, and Action –, how to draw up a business plan, and how to actually set up an online business. Now it’s time to make the final step. We will show you the world of affiliate marketing and its benefits. We will also discover the most popular online payment systems and show you how to successfully market your online business in order to achieve desired success. Let’s start right away.

Affiliate Marketing Explained

Affiliate Marketing is basically commission sales. As an affiliate partner, you are paid a commission based on the sales you generate. You may also be paid for your referrals completing a specific action, like signing up for a newsletter.

Many companies use affiliate marketing because — for them — this basically means there are no marketing expenses unless the desired results are achieved.

There are a multitude of benefits for being an affiliate partner, or — more commonly — an affiliate:

There aren’t any Production Costs

With an affiliate program, production costs are not an issue as the product has already been produced.

Little Capital Investment required

All you need is a computer with an internet connection and a website. Assuming you already have a computer, you can start your own affiliate business for less than $20.

You have many different Choices

There are thousands of products and services that you can choose from. Browse through ClickBank.com and CommissionJunction.com — you’ll probably find more affiliate programs to join than you could ever possibly promote, so choose wisely and prosper. 🙂

There is also No need for a Merchant Account

This can be a time-consuming and costly expense for anyone setting up a business for the first time. However, as an affiliate, the merchant you are selling the product for will bear all the sales costs. So you never have to worry about any potential chargebacks, fraudulent purchases, or losing your merchant account completely.

No Customer Service

You don’t have to worry about dealing with awkward or nasty customers and their complaints. This is the merchant’s responsibility.

Quick Changes are possible and normal

If the first product you chose to market isn’t making money, you can just dump it. Remove any links to the product and then start promoting a different product.

If you work hard at affiliate marketing, you can earn a good income. Many top affiliates earn high 6 and 7 figure incomes.

You can find the details about all of that right here ►►   https://www.spinrewriter.com/?ref=6f97

 

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