SEO And Affiliates

How to choose your affiliate partner and build your business

In order to choose your affiliate partner and build your business up, you have to be able to decide and filter up the type of product or service that you want to promote.  Take payment method as another consideration. To decide the type of product and service that you want to market is quite simple. You would want to have the knowledge and experience in the field so you can market it easily. An example, if you are a big fan of casual games, you would want to promote big fish (a casual game company) since you will have a lot of material to say in your promotion campaigns. Another selection could be based on the size and type of the market itself, you would want to get the product you are promoting to a hungry market where there are desperate people looking for a solution to their problem. For example, people who are looking to lose weight are a great target since a lot of people nowadays are getting obese and looking for 101 ways to get back in shape. And the product that offer a solution to this could just be Strip That Fat. Practice by joining 6 of the most popular affiliate network first to find out if your niche has any product to offer.

Payment type consideration

Going on further; once you have found your target market, you would want to consider the payment method offered by the product (service) provider. For the payment method, you want to be quite particular on how you get paid (unless you are a great authority figure in your field whereby even a small commission will become really big through the sheer power of the number of people you refer. Even then, you would still be selective now, wouldn't you?). There are several types of payment possibility:

1. one time commission
2. residual income
3. growing residual income through MLM (Multi Level Marketing)

One time commission

A one time commission is the most common way of payment if your affiliate partner is selling a product or a one time service. You will be paid a certain percentage of their profit as commission. There are a lot of great product listed in affiliate networks out there. Or you can get an affiliate partner by going straight up to the product or service provider that you like.

Residual Income

To grow a great business, you have to try your best to get a lot of residual income whereby you will get paid over and over again depending on the product you sale. This type of payment normally occurs in membership program, whereby member of the program will pay the same amount over and over again to the content provider. You as the affiliate of this content (or service) provider will be paid over and over again as long as that particular member stays with that content provider.

Growing residual income

An even better option is to promote services that has a possibility giving you a growing residual income. Get your hand on a free MLM business opportunity out there whereby you will get people to join the service or content provider under your affiliate ID and further, when these people managed to get more people to join under their ID, you will get a part of their commission. Although the commission is not as big as the one directly under you, this network will grow when the third tier of recruit recruited more people. Thus, this will give you a stable source of income.

Be warned though, there are a lot of pyramid scheme out there that disguise themselves as MLM company. Compared to MLM, pyramid scheme operates with the same method as MLM, the only difference is that in pyramid scheme, they do not have anything at all to sell. Pyramid scheme based their income on amount paid by new joining members.

Did I miss out anything? Or is there anything that you want to know more? do leave me a comment and tell me what you think =D

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