If you would like to make money online the easy way, leverage on internet marketing affiliate program. If you have created your own product to sell online and from the traffic that you have generated, 5 out of 100 visitors you send to your website make a purchase. This means that you have 5% of conversion rate. However, your ability to sell will be limited by the traffic that you could drive to your website. If you are the only person promoting your own product, this is the hard way of making money online.
Conversely, if you have 100 affiliate marketers and each affiliate marketer has the potential to send hundreds of prospects to you. Each affiliate would have helped you to pre-sell your product and the online prospects would have been pre-sold on the benefit of your product. Can you imagine how many sales and profits you could make by leveraging on your affiliates? This is the power of internet marketing affiliate program. If you want to make money online the easy way, why not explore this?
Basically, there are 2 models as follows:
Internet Marketing Affiliate Program Model No. 1: The In-House Affiliate Program
This model will give you the full control over the operation and management of your affiliate program. You set the rules on how it should be run, e.g. the affiliate commission or the payout structure.
However, you may be burdened by the management of the affiliate payouts as you have to do this by yourself. If you have just started out and have yet to established yourself in the market, you may face the issue of the marketers not knowing your product. Unless you have established the trust with the marketers, the fear of non-payment of the marketers' commission will probably be their concern.
Internet Marketing Affiliate Program Model No. 2: The Affiliate Networks
If you are just starting out and would like to make money online the easy way, this model will suit you more.
Just to name a few popular and established affiliate networks, e.g. ClickBank, PayDotCom, Amazon, LinkShare, Performics and Commission Junction. Though these affiliate networks, you will get a pool of ready affiliates to promote your product. These established networks manage and pay the commissions on behalf of the product owner, therefore you could eliminate the fear of non-payment of commission from the marketers.
Now you have weighed the pros and cons of each model, you should evaluate your online business to determine which one suit you the most. If you want to make money online the easy way, internet marketing affiliate program is what you should explore.