Many people turn away from having an online business because they think they have no product. Never let that deter you!
There are plenty of products on the market that you can sell and receive a commission from that require no warehouse or storing of any kind.
Even if you DO have your own products, it’s a great way to add extra income by using affiliate products to offer additional products to your customers.
I have one rule on affiliate products. I have always used them myself before I recommend them. That way, there’s never any doubt if the product is fabulous, it does what it says it does, and the links work! After all, the most important part of your business is your reputation and I take that very seriously. If I recommend it, I have used it!
What IS an affiliate product? It’s a product that you sell for someone else and make a commission. An affiliate LINK leads the reader to the product. For example, on this blog, you see the ad for Peer Success Circles. The banner and this link I just gave are both affiliate links. I get paid every time a customer purchases the product using my link.
There are new laws in place regarding affiliate marketing. And they are great for the consumers! You have to disclose your relationship to the affiliate link. If you are getting paid, you have to say so. Simple enough.
Use affiliate marketing wisely. Find a few products that compliment what you are talking about on your site. Add the banner for a softer sell, or send the link to your customer list in an e-mail. Not sure how to find the affiliate link? It’s usually at the very bottom of the product web page. Just click on it.
You will be given a link that is yours and only yours. The company will add tracking to it, give you a link to check your sales, and pay you!
It’s a win/win.