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Internet spending has increased double digits over past 5 years and will continue to do so through 2010 and beyond. Billions ($1,000,000,000ís) are spent each year online and affiliates are making a large portion of this income.
The best way to make money while at home is, without a doubt, affiliate marketing. Affiliate marketing in its simplest definition, is sending a customer to a company's website where they make a purchase.
You can be an "Affiliate" to companies from Multi-National Corporations to Mom and Pop websites. The following affiliate networks are where you will find the best products to promote online.
Every type of product imaginable is available for you to sell. From lingerie to lawnmowers, towels to tractors, bird seed to garden seed, cameras to catamarans, and anything else you can think of.
The biggest advantage is that you donít need large capital: you simple join any affiliate network for free. You donít need sales experience: you are not required to purchase any product. The merchant (owners of product) simple provide you with a link to their website and you start marketing any product right away. Another advantage is that affiliate programs are free to join.
There are virtually no production costs. The product is already developed and proven by the merchant, and all you have to do is to find as many customers as you can that will buy the merchant products. All this you do it in the comfort of your home.
There is minimum risk involved in this line of business. If the product you are promoting is not making money, you just leave it and choose another one. The greatest advantage is that you earn affiliate commissions for every customer who buys a merchant product.
Some of the affiliate networks pays residual commissions, that is, if the customer becomes a member of the merchant site for 12 months you receive 12 months commission.
This happens on membership site like dating, web hosting etc. If you bring in 500 customers who subscribed for 12 months and your commission is $20 per customer you will receive
$10 000 every month. This happens in the comfort of your own home. Some affiliate marketers are making $10 000, 30 000 and even $100 000 every month in this industry.
Another good advantage is that you donít keep inventory, and you donít process and ship orders. It is done by the merchant products themselves. Once you have found a customer, the merchant will do everything. All what you get is affiliate commission deposited into your account.
A word of warning you must not get excited and rush to enter into this industry. You need to plan ahead. You need to pessimistic anything can happen that will drop your commitment. The advantages of being an affiliate marketer are great. Affiliate marketers are making huge profit as we speak.
Lastly from the onset you donít need a website thatís another advantage. As time goes on you will learn how to develop your own affiliate website where you will be able to market thousands and thousands of products.