There are two main business models available when online entrepreneurs come to start a Web based business:
1. Develop your own product or services.
2. Promote other people’ products or services. In another word, being an affiliate marketer.
A great success story of the affiliate marketing model was happened in the year 1997.
In 1997, Amazon.com established the scheme of affiliate programs into reputation. They were not the first, but they were the first to do it well. For you who do not know, Amazon sells books online (in those days). And there are millions of Web sites out there, on an unimagined variety of contents. So are the books.
What Amazon has perceived is convincing those sites into specialized, niche bookstores for him. He pays a commission when a site refers a customer who buys a book. And that is how Amazon started one of the first affiliate programs.
The affiliate marketer equips the links with his affiliate code from his site to certain books on the Amazon site. Amazon uses specific software that tracks who sends each visitor. When the visitor buys, Amazon pays a commission to his affiliate marketer. The affiliate never has to write a book, process an order, ship a book or answer customer inquiring.
The identical scenario applies to a different product that is sold in this process… photographs, travel, digital products, even kittens and cats!
Being an affiliate marketer is the popular choice of many people who want to start a Web based business. Affiliate marketers are paid on selling the products or services for others. The simplicity of affiliate marketing allows people to start a Web based business immediately at low cost and minimal risk.
It is very easy to join affiliate programs. Many affiliate marketers are tempted to join as many programs as they can. However, being a successful affiliate marketer can be a huge challenge.
Given that the affiliate programs best known as a high reward, low risk to start a Web based business alternative, I started my Web based business as an affiliate marketer. I own no product. I did not have to build my own Web site. The program owners supply me the customized web pages with my affiliate ID attached. I build my online income by promoting those web pages.
It is one of the best chances for the average person interested in starting a Web based business. And it is a wonderful money making opportunity model for those who publish information. It sounds easy to start a Web based business and earn income immediately. Still, affiliates are not resistant to the common rules of the business world. Every business owner who works, and works well will succeed.
Those who are looking for “get rich quick” scheme are once again heading for disappointment and fail miserable.