How Affiliate Programs Can Help Network Marketers Make More Money and Recruit More Distributors

An MLM home business affiliate program is a way for you to earn commissions by referring people to a product. The product can be either a physical product or an informational product like an eBook.

The product you are promoting is not your own which means you won’t have to invent your precious time providing customer support and post-sale service.

When promoting the product, you are given a special link to promote. If a customer clicks on the link and buys the product, you get paid. Most affiliate programs will pay you anywhere from 25-75% commissions to promote and refer their products.

It’s truly a win-win situation for you and the person whose product you are promoting. The company doesn’t have to provide additional advertising and you won’t have to provide a sales system or customer support.

How an MLM Home Business Affiliate Program can Benefit You

You’re probably wondering how affiliate products can help you with your network marketing business. In order to answer this question, it’s helpful if we first address one of the biggest problems Network Marketers face…

Positive cash-flow.

Most Network Marketers, savvy as they may be, have trouble staying afloat in their business long enough for their ultimate goal of residual to kick in (studies show anywhere from 1-4 years). Most don’t have the time, money, or patience to wait that long before showing a profit in their business.

The costs associated with being a Network Marketer can be fairly high in respect to upfront commissions earned. Especially after you add up advertising costs, product auto-shipments, and company seminars. Not to mention the fact that most people don’t make enough in the business to cover their monthly expenses such as food, clothing, and housing.

The solution?…

An affiliate product related to network marketing training.

Most affiliate programs, unlike Network Marketing, don’t require any monthly fees in order to promote and earn commissions. You simply promote other people’s products and earn a commission on the sale.

Because the majority of the products are low cost your close rate will be much higher. You’ll be able to get into positive cash flow much faster than trying to “wait it out” until your mlm commissions start to kick in.

One of the additional benefits that come with combining affiliate programs with your existing mlm model is the ability to recruit more leads.

If you promote affiliate products related to Network Marketing training, oftentimes those products have a lead generation system built into them. This is the ultimate “one-two punch.” Once the customer has purchased the product, you are given access to their contact information which makes for a very “warm” lead.

Since you already know they are interested in building a network marketing business (because they bought a network marketing training related product), they are much more likely to be open to joining yours so long as you can build trust with them.

This makes for the ultimate network marketing recruiting strategy.

Top 7 Ideas on How To Harness the Power of the Affiliate Programs

Affiliate programs are a powerful way to grow your small business. The basic premise behind the programs is to align your potential referral sources and other interested parties to increase your sales while compensating them for the marketing and referral efforts. There are various compensation models that can be utilized, but the most widely used ones are: pay per lead, pay per sale or pay per click. Which model works best for your business depends on the type of industry you are in and how much you are willing to spend to make it appealing to you and your affiliates. How should you go about utilizing the power of the affiliate programs? Read our Top Seven Ideas below and start harnessing new, but powerful small business marketing tool.

1. Create an appealing affiliate program with competitive compensation. Your main choices are to pay per lead, pay per sale or pay per click.

2. Use a third party provider to track your program and to increase its credibility. Some examples of the third party providers are AffiliateShop and Commission Junction. Affiliate Shop charges a monthly fee and helps you setup the program. They don’t charge commissions on your sales. Commission Junction presents your program to their large network of affiliates, but they take a cut of your sales.

3. Publish a press release announcing the launch of your affiliate program. Great places to post your release are PRWeb, PR, or Free-press-release.

4. Submit your program to affiliate search directories. Here are some of the examples: Affiliate Scout and Affiliate Guide.

5. Contact related website that might be interested in working with you on referring potential customers and see if they would be interested in joining your affiliate program.

6. Don’t forget offline marketing to potential affiliates. Depending on your business, there could be a multitude of potential referral sources: your customers, business referral sources, or business people interested in earning extra money.

7. Make sure that your affiliate program offers a two-tier compensation. In that case if your affiliate refers another affiliate to you, they would get compensation from the transaction submitted by the second-tier affiliate. This could be a powerful way to continue growing your network.

Now that you are armed with the top seven ideas on how to harness the power of the affiliate programs for your business, you are ready to use this great marketing tool. Also, don’t forget about the potential benefits of using other business affiliate programs to earn additional income. If you haven’t yet seen our very appealing affiliate programs, check them out on our website. Feel free to contact us if you have any questions and good luck!

Advertise Online: Getting your Business into an Affiliate Program

Online business, although lucrative for many corporations, can be frustrating to smaller companies that lack the financial and commercial connections bigger businesses have. While popular businesses are prospering both on the online and brick and mortar fronts, small to medium sized corporations are finding financial returns sparse when they deal with online clients. This phenomenon may be due to the fact that larger corporations can afford to market more aggressively online.

Marketing, indeed, is an important aspect of online business. The World Wide Web is growing increasingly crowded, what with the daunting aspect of similarly structured businesses entering the marketplace, all with the same goods and services, and all with their own marketing ploys that can be loud, if not downright annoying. The World Wide Web is fast becoming entangled in get-rich-quick schemes and loud vendors all desperate to sell their wares.

If you want your business to penetrate into this thick market, then you may need to do more than rely on word of mouth, or wait until a prospective customer chances upon your site. There is still a way to earn money online, and you can do so by getting your business into an affiliate program.

Although regarded as nothing but an outgrowth of multi-level marketing, and often looked upon with derision by large businesses, affiliate programs have actually been able to help small to medium sized businesses prosper online. Affiliate marketing is simply a method of gathering online businesses, all of them with like aims, products, and services, and allowing them to promote each other’s wares. Whenever a new visitor arrives at the main affiliate site, whenever advertisements are accessed through an affiliate website, or whenever purchases are made thanks to the effort of an affiliate, the affiliate will be rewarded with financial compensation.

The idea of gaining a commission from visitors has often made business people confuse affiliate marketing with multi-level marketing. There are only two tiers in affiliate marketing, however, consisting of the main site and its affiliates. In multi-level marketing, on the other hand, as many as five or six tiers exist, with businesses in the bottom tier allowing the tiers above them to earn money through marketing and selling efforts.

Affiliate marketing begins when you join an affiliate program. There are many affiliate programs online, with the most popular catering to the retail, adult, and gambling market. The mobile phone, travel, and finance sectors are also experiencing expansion, as more and more affiliate programs are being made to cater to businesses concerned with these sectors. If your business does not belong to any of these sectors, you should not lose hope; you may still be able to join an affiliate program and create advertisements that will attract prospective customers.

There are many ways for your business to earn money through an affiliate program. At its most basic, an affiliate program will require you to post advertisements of the main affiliate site on your website. These advertisements can be in the form of text, such as those that are found in Google’s AdSense program; images, such as those that are commonly found in banners; and streaming videos, such as those that are usually advertised on entertainment or adult websites.

If an advertisement appears a thousand times on your site, you may receive compensation under the Pay Per Impression scheme. If a visitor who chances upon your site clicks any of the advertisements posted by the affiliate program, you can also receive commission under the Pay Per Click scheme. If that same visitor fills out a form, registers, or subscribes to services on the main affiliate site, then you can also receive financial rewards under the Pay Per Lead scheme. Finally, if a visitor purchases a product or service from the main affiliate site, you also receive a percentage of the order as your commission under the Pay Per Sale scheme.

All these schemes may appear lucrative, but they also entail that you create advertisements that are attractive. If your advertisements can quickly catch the eye of your site’s visitors, then they may follow your links and allow you to earn money. If these visitors return to your site frequently, they can prompt the advertisements on your site to change constantly, allowing your impressions to increase.

If you are interested in making your business prosper online, then you may want to consider joining affiliate programs and carry out affiliate marketing. With the proper marketing know-how, you may be well on your way to better business in the crowded marketplace of the World Wide Web.