- Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s marketing efforts.
Another way to look at it is creating a relationship with one party who requires sales, and another who brings that party sale.
The fact is every business requires sales, and they need to create it at the lowest cost and in volume to me their company needs
My experience has been in the business to the business world where companies have relied on print advertising, media advertising, sales representatives. Some of the companies have created agencies to increase their sales presence.
Retailers have had to do the same to increase sales and now have turned to e-commerce sites internet forms of advertising
The supply chain
The supply chain has not changed since the dawn of time. It is defined
The network created by different companies producing, handling and distributing a particular product.
Specifically, the supply chain encompasses the steps it takes to get a good or service from the supplier to the customer.
Here are examples of the supply chain
In every link of these chains, the ultimate goal is a sale of the product to customer/ end user as efficiently as possible. In the B2B (business to business) scenario e-commerce business is done on worldwide basis with Affiliate programs
If you break down each segment, you will see that each participant in the chain has requirement and companies who serve them. Most of which the general public never has of.
Here is an example
|supplier or raw material||agent||distributor||retailer|
|suppliers to of products||software suppliers||warehouse||interim warehouse|
|transportation||freight companies||transportation||store fixtures|
|financial service||office equipment||sales and marketing||printing and promotional items|
|office supplies||office building||office supplies||utilities|
This is simplified, but it shows all types of companies that can be involved to get a product the customer
Each of these businesses and many thousands of others are looking for business partners in every sector to increase their sales.
The Good News
Affiliate marketing programs are offered in many of this area as a way to increase sales
Affiliates associates and partners have an opportunity to provide a way to grow sales and receive rewards in the way of commissions.
The marketplace is huge as a result of the internet. It gives a good Affiliate marketer with a strategy and framework the ability to gain access if the Affiliate can generate results.
Here is an example from my area of expertise
B2b Business Marketing
Let’s say you are in a transportation related field.
You drive truck, or you are a mechanic or work in an office or home business in administration
You are aware of companies and people who are shipping products, and maybe they are finding it a challenge to get a carrier to meet their shipping needs
You search out carriers and find one ideally suited. The carrier has an agency/ Affiliate program. You put the two together, and you receive compensation
This is a win-win as the Carrier receives the shipment for a very low cost and through you gains a customer
There are hundreds of million freight transactions happening daily in the US and Canada Moving commodities like:
Food product Financial services
Car products Home repair product
Jewelry Personal care
This list is almost an infinite list because when you look at categories the break down into Subcategories
One thing it will take work. But if you pushed by a need or want and find a niche you are interested in that work becomes easy.
Browsing time = Ebiz Time
Ask yourself how much roaming time am I spending online, maybe playing games watching movies, chatting. You are there in terms of time.
So why not focus it on E-business
To gain success, you will need help to develop a strategy and framework that allow you to be successful
Have a look at my page to what you need to provide it outlines where to go or click here
You can really market anything the question is what.
You need to segment it into a target or a Niche
What is a Niche
Well, a niche is a distinct part of a market, in other words, an “audience.”
When choosing a niche that fits you, you should be choosing something that is ideally an interest, passion, a hobby, a problem, need or want.
This will give you the motivation to develop the expertise that people will want to follow
Almost anything you can think of is a niche, and that is why we are going to get you to choose YOUR niche based on things that you are interested in.
Once you have narrowed down a Product or Service then getting as close as you can to the creating source or Manufacturer is usually best. They have the biggest incentive market at the lowest price.
You can earn money online from absolutely every single niche because there are billions of people out there searching every day.
You can gain the online marketing Expertise form many sources,
Here is link to an online entrepreneur certification outlines explains this in more detail
You will want to really look at your why. What do you want to accomplish? This can be as simple as
- wanting to a business of your own
- earn income from home as a stay at home spouse
- Increase your retirement income
- Free up time for an 8-5 program
- Well, you will need a computer and the internet.You will need time to learn how to build your online Ebiz presence and develop your focus. See my start page
The one thing you will need to do is be able to generate traffic to get result is a partner
A great way to do that is Partner with a group like Wealthy Affiliates they have the training and know-how to get you on the right path
I will love to hear from you if you have any ideas on what you like to market to get your E-biz started and make it flourish
Drop me line here or just click on this link If you do that one of the first issues of starting your own website will be handled and that is free.