Home Business Ideas and Opportunities

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New Home Business – Dig In and Stay In

It happens every day. Somebody joins a program and they are pretty stoked. They login and browse around, maybe watch a video. The program gave the new member a web page to advertise and maybe banners or other images. These are all attached to the Affiliate ID they gave you. Major clue: There is no magic that happens just by having a link somewhere on the Internet – you have to promote that link consistently and remain engaged in your program(s).

Keep up the good work -

There may be additional training resources included in your membership. Don’t ignore them; they are there to help you to learn to use the program and how to promote it to earn commissions. Not to mention it will likely have information that will be applicable to any programs you join. Do it soon but it doesn’t all need to be done in one day.

So now maybe you have a plan for your home business. What days or evenings you will commit to work on your online business. This would likely be after your day job and commute, after spending some time with your family and maybe after dinner. Maybe you have more time and energy to just commit to a few hours on the weekend.

Whatever it is you need some kind of a plan so that you do not ignore your home business. Although it runs automatically and since it is running is called ‘autopilot’; and it is true you can make a sale anytime 24/7; you don’t need to participate because the affiliate program will handle your transaction, track your commissions and even help your customer if they have a problem either pre-sale or post-sale.

You still need to be engaged – even in some little ways like checking your web page(s) are working; If you are paying for advertising, go find one and make sure they are really doing it (and you gave them the right instructions); login to your program and check for commissions; read any new communications posted by the company.

One of the most powerful and FREE ways to promote your business is by starting a blog and using it just as often as possible (daily is not always possible, so at least weekly). Don’t make it a spam job (just a blatant ad) – write something interesting – or even just write why you want a business at home, what you have been learning, your review of the program(s) you are promoting and include a hyperlink (clickable link) to that program.

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Home Biz Start-Up – We Must Learn to Crawl Before We Can Walk

Although it can take some imagination, part of the beauty of starting your own business is that you get to create it in your vision. That is eventually. You do need to start out with learning the basics so that you build a solid foundation to begin with. However beyond that it is a ‘fluid’ thing where it can morph over time as many times as you need it to.

crawl b4 U walk!

So don’t get too hung up on your ‘idea’. It is much more important to keep an open mind and to continue to learn as much as you can and to gain expertise in all the different facets of Internet marketing. You need the ‘experience’ to add to the strength of your foundation. Your ultimate dream may be something that is far beyond your grasp right now whether because of finances or skill.

This definitely doesn’t mean wait or give up. It means take ‘the path of least resistance’ – start with something you CAN DO right now – today if possible. For example an affiliate program will provide you with a sales web page that few people would know how to create off the top of their head. They may also provide some level of training in Internet marketing that would be applicable to any program or product you may want to promote in the future. You can ‘earn while you learn’.

Affiliate programs also have other structures in place that you can use for now. Again it may not be your idea or anywhere close to your dream to be an affiliate. You really want to be on your own, completely independent and only doing things that can be done your way. You want to have your own product or service and eventually build your own website and etc. This is a good long-range plan. How long is ‘long’ would only depend on your skill level and financial situation – and your motivation.

The cost of becoming an affiliate is very low especially when you realize how much they really do for you. This includes giving you the legal right to profit from their intellectual property. They give you permission to promote their product or service and will pay you a percentage of any sale or referral you make. They have spent considerable money to develop their program and to maintain it including the membership program itself. They provide customer service and process your sales transactions so you don’t have to be there. They provide a web page and other images/graphics for you to use to promote the program.

It’s well worth it to start crawling as an online affiliate marketer!

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Choosing the Right Affiliate Program

If you use as a comparison the way that an investment broker might determine the right investments for you, you will note the following: Basically he will ask if you are at the age and financial situation that you need to take high risk in order to earn the most money in the fastest time (and potentially lose the most); Or if you want to have less risk (and less earnings potential) – a mid-range risk; and last can you not tolerate much risk at all whether this means your earnings will be less or not, you do not accept risk.

choose right

Your answer will determine whether you have your money in risky stocks where the market can soar and dive? They like to believe that when you lose money if you leave everything alone that the time will come when the money you lost will come back. This is fine if you are young and you have plenty of time to recover. Not that anything is ever guaranteed or insured in any way, so feel free to ignore them on that.

There are plans in the middle ground where you have an equal number of risky investments plus more stable investments like bonds and balanced mutual funds. So you are taking risks on one hand, and being protective of your investment on the other. Lastly, there are the totally low risk and low income producing vehicles like municipal bonds. If you can’t afford to lose anything and you don’t care that you won’t be earning very much, then this is the way to go. Better safe than sorry.

So now what does this have to do with an affiliate program? You need to decide whether you want the exciting ‘flash in the pan’ that offers high returns and because it is new has lots of activity that you might benefit from in the way of referral commissions. It may cost you some membership fees and you may make some nice money for a while until it is not new anymore and although still running appears to ‘fizzle out’ pretty much.

Then there are programs that have been around for many years – even as much as 10 or 20. They have thousands of members who claim the program is wonderful and they actually may make a steady, albeit maybe modest income on a regular basis. While this doesn’t sound very exciting there is a lot to be said about stability and reputation. You will find that there are many people who prefer to gamble with this type of smaller risk. If commissions are small then depend on volume – when added together it can be substantial.

If at all possible you should always think in terms of ‘multiple streams of income’ – having more than one program that you promote to earn income from – maybe start with one and as soon as you have that down pat add another. This will hedge your bets and balance your risk especially if you have maybe a mixture of ‘new and exciting’ and ‘tried and true’.

Keep in mind with 99.99% of legitimate affiliate programs, there are no contracts beyond month-to-month. There are also other elements you should consider when determining if a program is right for you. Consider the training and advertising resources that members can use free of charge. Of course, consider the compensation plan – Does it seem fair and equitable? Don’t forget to factor in all the program is doing for you with saving you from creating a sales page, providing customer service for your transactions, etc.

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Home Business Ideas and Opportunities

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