If you've educated yourself enough with the information available to
us via the internet, then you should have realized by now that your
pursuit of a career in the corporate ladder is futile at best.
Basically, the idea is to start as an intern, then a regular employee,
then move up to a supervisory and/or managerial position and finally up
to the executive levels of the corporate business that you're in.
Personally, I have nothing against this kind of aspiration as I too once
dreamt of such things myself; however, the toll it takes to get to
EXACTLY where you want to be could at least take 30 years; 20 if you're
exceptionally good at it.
The problem is we all can't be
exceptional and aside from the fierce competition in play, you'll also
have to face the insurmountable amount of bureaucracy, racism,
favoritism, gender inequalities and other negative things in order to
literally move up the ladder. The trade-off is not an ideal payoff even
from an optimistically assessed standpoint. Therefore I would advocate
that you start your own business and the cheapest way to do it is by
building an affiliate marketing blog or website.
Defining Affiliate Marketing
Affiliate
marketing is an easy income-generating business method where you take
the role of the promoter and help the manufacturers and sellers connect
with the end consumers. It should be clear that whether you take a
passive or active role in this business, you are by no means the
originator or creator of the products/services you promote. But you will
get a small portion of the sales as compensation nevertheless. It's
basically a 3-way relationship between you, the seller and the customer.
What Affiliate Marketing is NOT
If
you get an unsolicited email inviting you to join an affiliate network
and it's asking for an upfront payment, then you definitely have to
scrutinize them and find out whether or not they're scam or legit. Go to
the Better Business Bureau (BBB) and find out about the company, if you
can't find any, then go to affiliate marketing forums and discussion
boards. They would know a lot about these scam sites as news spreads
fast in social media and forums. Another thing to look for is if these
people are selling you unrelated products or something that you will
never be able to use, like the $350 "Secrets to Affiliate Marketing
Success" book or some other catchy titles; although a few are genuine
but they don't charge you that high.
The truth is you can learn
basic affiliate marketing from top ranking websites and blogs. In fact,
they can teach you more useful information than all those specialized
books and DVDs that other people are selling. Becoming an affiliate is
free when you sign up to affiliate marketing programs and the only thing
that will really cost you money is web hosting, which is around $70 -
$100 a year for your affiliate marketing blog. A few other expenses may
include a unique website/blog logo (optional), your electric bill; hire a
blog writer (optional because you can write the blogs yourself) and
probably paid advertising to promote your website or blog (optional).
Types of Affiliate Marketing
What's
interesting about affiliate marketing is that you can earn commissions
in more ways than most people think. Allow me to explain the 3 different
types of affiliate marketing and how you can earn through them.
1.
Unattached Affiliate Marketing - This type of affiliate marketing will
not require too much work from you, you don't even have to setup an
affiliate marketing blog like those for Amazon Affiliate Programs. This
is more like a PPC marketing (pay-per-click) where you just show
affiliate ads on sites that allow this kind of marketing and then get a
commission for each click through that web users make on the ads.
2.
Related Affiliate Marketing - This type of marketing is where you are
required to have some level of involvement and this is where you create
an affiliate marketing blog or website and always show affiliate links
on almost all of your website/blog pages. You also earn a commission for
each time a web user clicks through the affiliate links.
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