Affiliate programs are found all over the web. Generally they are free as you are not working for or with the company. You are simply the "middle man" for their advertising. Its a very simple concept and easy to do. You will usually need a website of your own or at least a blog, but you could also earn through email or social network profiles as well.
Affiliate Marketing works because you are paid on each sale the company gets through your link. They will provide you with a link, ad or banner to place on your website. At that point you will earn a commission from every sale made through that link. You are responsible for bringing new people on to the site in order to purchase through that site or link. Generally you'll want to stick to products that work well with the subject of your site or blog.
There are a few ways to go about finding Affiliate Programs.
1.) The first is simply by checking out the sites you already shop at... If you have a favorite online site you may want to check out their page for an Affiliate Program option. Usually these are at the bottom of the page.
2.) Second there are Affiliate Exchange Sites that will enable to you find a large number of Affiliates to join from one place. Both www.CJ.com and www.Linkshare.com are Affiliate Exchange Sites. You will be able to join these sites and find a large list of potential Affiliate Programs to join...
3.) Online Mall programs tend to have a free option to join and you are then rewarded for referring new people... However, make sure to read the find print as many of these sites require a minimum purchase each month in order to get paid...
Once you have found a program that you like, you'll want to maximize exposure. Do this by emailing the link to friends and family, posting it on ALL your profiles on ALL your Social Network sites, Posting it in your email and forum signature, and of course on your website or blog - or both!
Remember, the more people who see the link, the more people that are going to click it, the more people that click the more you earn! So don't miss out on potential commissions by hiding your link at the bottom of your pages. Post high and proud and make sure that everyone knows you are an affiliate. Many times people are willing to visit a friends site to go through their link instead of just going to the site... But they cant do this if they don't know it's there...
Happy Affiliate-ship!
Showing posts with label Earnings. Show all posts
Showing posts with label Earnings. Show all posts
Wednesday, March 23, 2011
Friday, February 4, 2011
Residual vs Flat Commission
When I first started my search for Work at Home I had NO CLUE what residual income was or what residual commission meant. Had I known then what I know now, things would have been so very different!
Generally most home business companies fall in to one of two commission categories, some have aspects of both, but most are one or the other. Those two types of commission are very simply a flat commission, where you earn a percentage of each sale, one time, and a residual commission, where you earn a commission over and over.
But how does it really work? It's fairly simple, yet seems to present itself as more complicated than it is. So, I will break it down for you here.
Flat Commission ~
A flat commission pays you a percentage of each sale made. So, if you work with a company that offers a 30% flat commission you will earn $30 out of every $100 in sales you bring in. However, you will have to continue to make the same number of sales PLUS additional sales each month in order to see your income climb. With a flat commission you will start every month (or sales period) off with an income of $0 and build your income on a basis of sales made during that month (or period.)
Example 1: During your first month with Company A you find 30 people interested in your new business and product. This earns you $300 in sales. If you are earning a commission of 30%, that would bring your commissions to a total of $90. However, in month two, you only find 25 people interested, which equals only $250 in sales and just $75 in commissions. Because you made less sales in month two you earn less income.
Residual Commission ~
In a nut shell residual commission is a payment structure that provides you a longer term income per sale. Usually this type of income is only available through companies that sell some type of membership or autoship plan where the customer has a monthly fee. The reason for this is simple, when you sell a "plan" of this type the customer promises to pay a monthly fee, your commission comes out of that payment. So, even though you are only making the "sale" one time, you are going to be paid month after month. The major benefit to this type of commission payment is that it's longer term than flat commission and allows you to build a larger income quickly!
Example 2: During your first month with Company B, you find 30 people interested in your business and make $300 in membership sales. With a commission of 30% you earn $90. However, when month two comes you find another 25 people interested and make $250 in sales, which equals $75 in commissions, in addition to the $90 in commissions from the previous month for a total of $165 in income for month two. You made less sales and earned more in month two because of the business you brought in during the previous month.
Recruiting Income ~
The second way that many companies allow you to earn income is through the recruitment process. This usually allows you to earn an income from bringing others in to the business. However, the two types of commission come in to play here as well. If you are with a company that pays a flat commission based on the sales your recruits make you will receive commissions only if and when they create business. If you, however earn a residual commission on recruits simply for having them on the team, you will earn regardless of their business success. SOME, companies combine the two and provide their recruiters with a residual commission simply for team building plus pay them additional commission based on the sales of those recruits, but most do not.
Prior to getting involved with ANY company it's best to completely investigate their commission plan. Many companies will start you out with a higher commission rate and then drop it after a few weeks of months. Others will have sales quotas or requirements in one way or another to earn higher levels of commission. Make sure you ask questions about commission of your enroller prior to enrolling! When it comes to your income you don't want surprises!
Generally most home business companies fall in to one of two commission categories, some have aspects of both, but most are one or the other. Those two types of commission are very simply a flat commission, where you earn a percentage of each sale, one time, and a residual commission, where you earn a commission over and over.
But how does it really work? It's fairly simple, yet seems to present itself as more complicated than it is. So, I will break it down for you here.
Flat Commission ~
A flat commission pays you a percentage of each sale made. So, if you work with a company that offers a 30% flat commission you will earn $30 out of every $100 in sales you bring in. However, you will have to continue to make the same number of sales PLUS additional sales each month in order to see your income climb. With a flat commission you will start every month (or sales period) off with an income of $0 and build your income on a basis of sales made during that month (or period.)
Example 1: During your first month with Company A you find 30 people interested in your new business and product. This earns you $300 in sales. If you are earning a commission of 30%, that would bring your commissions to a total of $90. However, in month two, you only find 25 people interested, which equals only $250 in sales and just $75 in commissions. Because you made less sales in month two you earn less income.
Residual Commission ~
In a nut shell residual commission is a payment structure that provides you a longer term income per sale. Usually this type of income is only available through companies that sell some type of membership or autoship plan where the customer has a monthly fee. The reason for this is simple, when you sell a "plan" of this type the customer promises to pay a monthly fee, your commission comes out of that payment. So, even though you are only making the "sale" one time, you are going to be paid month after month. The major benefit to this type of commission payment is that it's longer term than flat commission and allows you to build a larger income quickly!
Example 2: During your first month with Company B, you find 30 people interested in your business and make $300 in membership sales. With a commission of 30% you earn $90. However, when month two comes you find another 25 people interested and make $250 in sales, which equals $75 in commissions, in addition to the $90 in commissions from the previous month for a total of $165 in income for month two. You made less sales and earned more in month two because of the business you brought in during the previous month.
Recruiting Income ~
The second way that many companies allow you to earn income is through the recruitment process. This usually allows you to earn an income from bringing others in to the business. However, the two types of commission come in to play here as well. If you are with a company that pays a flat commission based on the sales your recruits make you will receive commissions only if and when they create business. If you, however earn a residual commission on recruits simply for having them on the team, you will earn regardless of their business success. SOME, companies combine the two and provide their recruiters with a residual commission simply for team building plus pay them additional commission based on the sales of those recruits, but most do not.
Prior to getting involved with ANY company it's best to completely investigate their commission plan. Many companies will start you out with a higher commission rate and then drop it after a few weeks of months. Others will have sales quotas or requirements in one way or another to earn higher levels of commission. Make sure you ask questions about commission of your enroller prior to enrolling! When it comes to your income you don't want surprises!
Sunday, January 30, 2011
Pros & Cons... At Home Job vs. Home Based Business
Many times individuals go out on their work from home search without a clue on what they are looking for. All they know is they would like to work from home. We all have different reasons for wanting to work at home that range from not having a commute to staying home with our children to having time freedom to wanting to change our lives and situation. The list goes on and on for every individual, but those reasons can be very different for the person searching. That is where it ultimately comes down to the individual and what they want. The first few things you want to ask yourself are...
~ Do you know the difference between a Home Job and a Home Business?
~ Have you researched what scams to look out for?
These questions are a big part of starting your search. Once these are answered you will know what truly is best for you... a Home Business or a Home Job. There will be a lot more Home Business opportunities verses Home Job Opportunities but you do have a choice and options. If you are looking to really change your life and your circumstances a Home Business is your best choice, now if you are looking to supplement a little income or keep yourself occupied both a Home Job and Home Business are good for those reasons. There will be many choices to choose from and many scams that you come across along the way so be very careful. Search wisely but also stay very open minded as there are many ways to work from home.
Home Job ~ (Pros and Cons)
Pros ~
* You are paid an hourly or base pay (Usually $7 to $12 an hour for customer service home jobs)
* You have no commute or gas to pay
* You can work from the comfort of your own home
* Do not have to deal with the corporate world
* You can "usually" work around your families schedule
* Saves money from gas to lunch, and other costs that were involved working outside the home
* No Dress Code
* Less Stress
Cons ~
* Many cases you still need a babysitter or daycare
* Daycare Costs might still be needed
* You will still have a Boss to answer to
* Most companies require a quiet background
* You cannot miss work just the same as working outside the home
Home Business ~ (Pros and Cons)
Pros ~
* Time Freedom, you make your own schedule always
* No Boss to answer to, just yourself
* Get to be with your children everyday
* Opportunity to make great money
* Six Figure Income potential or more
* It is YOURS, no one else's and cannot be taken away
* Residual Income (get paid month after month, year after year even when you are not working)
* Bonuses and many perks to win like vacations, cars and more
* Doing something you have a Passion for
* With in just a few years can change your life and circumstances completely
* No Glass Ceiling ~ You can acheive as many goals as you want
* Tax Write Offs
Cons ~
* Learning how to deal with balancing work and family
* The first couple of years are the hardest
* For the first couple of years sacrificing time and energy into your business
* Overwhelming at times
* Distractions
The bottom line is both are great ways to work from home, but you must choose what is best for you. A Home Job can make your situation a bit better for the time being. A Home Business can change your life and circumstances forever. The Pros definitely out weigh the Cons in both cases! Just remember no matter if you choose a Home Job or a Home Business they both require self-discipline, self-motivation, a lot of energy, dedication, drive and most of all Heart!
~ Do you know the difference between a Home Job and a Home Business?
~ Have you researched what scams to look out for?
These questions are a big part of starting your search. Once these are answered you will know what truly is best for you... a Home Business or a Home Job. There will be a lot more Home Business opportunities verses Home Job Opportunities but you do have a choice and options. If you are looking to really change your life and your circumstances a Home Business is your best choice, now if you are looking to supplement a little income or keep yourself occupied both a Home Job and Home Business are good for those reasons. There will be many choices to choose from and many scams that you come across along the way so be very careful. Search wisely but also stay very open minded as there are many ways to work from home.
Home Job ~ (Pros and Cons)
Pros ~
* You are paid an hourly or base pay (Usually $7 to $12 an hour for customer service home jobs)
* You have no commute or gas to pay
* You can work from the comfort of your own home
* Do not have to deal with the corporate world
* You can "usually" work around your families schedule
* Saves money from gas to lunch, and other costs that were involved working outside the home
* No Dress Code
* Less Stress
Cons ~
* Many cases you still need a babysitter or daycare
* Daycare Costs might still be needed
* You will still have a Boss to answer to
* Most companies require a quiet background
* You cannot miss work just the same as working outside the home
Home Business ~ (Pros and Cons)
Pros ~
* Time Freedom, you make your own schedule always
* No Boss to answer to, just yourself
* Get to be with your children everyday
* Opportunity to make great money
* Six Figure Income potential or more
* It is YOURS, no one else's and cannot be taken away
* Residual Income (get paid month after month, year after year even when you are not working)
* Bonuses and many perks to win like vacations, cars and more
* Doing something you have a Passion for
* With in just a few years can change your life and circumstances completely
* No Glass Ceiling ~ You can acheive as many goals as you want
* Tax Write Offs
Cons ~
* Learning how to deal with balancing work and family
* The first couple of years are the hardest
* For the first couple of years sacrificing time and energy into your business
* Overwhelming at times
* Distractions
The bottom line is both are great ways to work from home, but you must choose what is best for you. A Home Job can make your situation a bit better for the time being. A Home Business can change your life and circumstances forever. The Pros definitely out weigh the Cons in both cases! Just remember no matter if you choose a Home Job or a Home Business they both require self-discipline, self-motivation, a lot of energy, dedication, drive and most of all Heart!
Thursday, January 27, 2011
Why should I work from home? Top 6 reasons to work from home
In these tough economical times so many are trying to find "Plan B" and are wanting to have security in income. This is very difficult to find this day in age. With job security going out the door and now no one is able to find a good company to work for that will allow them to dedicate their lives to and retire at a good age. These are very rare finds and now with the economy as tough as it is... there is not enough job security to go around. Many are lost, confused and tired of their same old situation.
Many steer away from work at home opportunities because of the fear of no job security. They get scared they will not be successful, that it will fail and they will still be in there same position. Well, what most do not come to realize is anyone can be successful working from home. It all comes down to the person! If you are willing to work from home seriously and treat it like a Business or a Job... with dedication, determination, heart and drive it can bring you home full time and give you that financial security and freedom you are looking for.
If you look around to local Small Businesses, Independent Contrator's, etc. Many worked very, very, very hard and invest thousands upon thousands to become successful. Even the large corporations started somewhere... like Microsoft and Apple, they both started in basements of their homes. These companies and businesses understood what it took to be successful. We all have this opportunity right in front of us for a lot less investing and hardship.
Having an opportunity that will give you the same chance to become successful and financially free is something most feel is not out there. Well, it is definitely out there. You can find many legitimate companies that allow you to work from home, you just need to make sure you invest the time necessary to make it successful. There are many sites that will tell you come make thousands in just minutes a day. That is all a scam. A Home Business takes the same effort you would give growing a business outside the home or a job outside the home. What is great it does not take half as much time as a business outside the home does! And eventually you can be working only a couple hours a day max bringing in six figures.
Here a some of the TOP Reasons people want to work from home...
1. Financial Freedom / Working on your own Terms... Working from home gives you not only the schedule you want, the time off that you want, the time with your family and friends, being able to be a parent 24/7, and much more... It brings the Income also. Income is a big reason why people want to work from home. Having a Home Business can create six figures or more if you work hard, put in the determination, dedication and heart it needs. What job outside the home can you say does that? The ones that do require years and years of school, by the time you can enjoy your life and money you can't even spend the time to enjoy it because you working consistently. Working from Home gives you the Freedom and the Income you want.
2. Stay at Home Moms, Work outside the Home Moms and Single Moms... This gives Moms the opportunity to change their lives and their families lives. Even if it is a part time income as a goal, they have an opportunity to be able to acheive that without leaving their children. Which is one of the main reason's people want to work from home... to be with their children. It allows them to be a Mom and earn an Income at the same time.
3. Inexpensive to start a Home Business / Low Cost Start Up.... With a Home Business or Opportunity you are allowed to have the same and even more potential than a business or career outside the home.. but you get all the other great perks that go along with it! Being able to have a six figure income potential with a small amount of money to start is an amazing opportunity to change your life. You have to think about how much it is to start a business outside the home then compare it to a Home Business. Most Home Businesses are very low cost... there are many that are under $100 to start up. You can take advantage of growing a great residual income with out all the thousands of investing.
4. Getting out of the 9 to 5 day to day... Working from Home gives you the chance to get out to the Rat Race. Being underpaid for your job, dealing with traffic, gas, daycare costs, lunch costs, office drama, not being home with your children and ultimately having not one ounce of control on your life.
5. Tax Benefits / Write Offs... Having a Home Business and Working from Home allow you to have a great amount of Tax Benefits and Write Offs. These include many things from traveling expenses to everyday home bills like utilities, internet, phone, etc. Your Home Office is with in your Home which allows you to have these Tax Benefits. You will want to make sure you consult with a Tax Expert for more details on how this works.
6. Looking for Work (Losing Jobs and just Part Time Work)... This is an alternate to many of those who cannot find a job outside the home or need that additional income. With how bad the economy is in the last year finding a job is getting more difficult. Many are looking for something to allow them to be in charge of their income, not someone else telling them when they can work or lose their job. A Home Business can also be a great way to bring in Income on the side for part time work. It allows those who work full time to work around their schedule and eventually come home with in just a year to a few short years!
There are many Home Businesses and Opportunities to choose from. Make sure you do your research, you know your passion and you are willing to learn how to build it online and offline successfully. When choosing something, put your all into it and do not let anyone stop you. You will have obstacles and walls but they will be worth it. Remember... do you want to work 40 hours a week for 40 years for someone else's dreams to come true or do you want to work 2 to 4 years smart to make your dreams come true?
Many steer away from work at home opportunities because of the fear of no job security. They get scared they will not be successful, that it will fail and they will still be in there same position. Well, what most do not come to realize is anyone can be successful working from home. It all comes down to the person! If you are willing to work from home seriously and treat it like a Business or a Job... with dedication, determination, heart and drive it can bring you home full time and give you that financial security and freedom you are looking for.
If you look around to local Small Businesses, Independent Contrator's, etc. Many worked very, very, very hard and invest thousands upon thousands to become successful. Even the large corporations started somewhere... like Microsoft and Apple, they both started in basements of their homes. These companies and businesses understood what it took to be successful. We all have this opportunity right in front of us for a lot less investing and hardship.
Having an opportunity that will give you the same chance to become successful and financially free is something most feel is not out there. Well, it is definitely out there. You can find many legitimate companies that allow you to work from home, you just need to make sure you invest the time necessary to make it successful. There are many sites that will tell you come make thousands in just minutes a day. That is all a scam. A Home Business takes the same effort you would give growing a business outside the home or a job outside the home. What is great it does not take half as much time as a business outside the home does! And eventually you can be working only a couple hours a day max bringing in six figures.
Here a some of the TOP Reasons people want to work from home...
1. Financial Freedom / Working on your own Terms... Working from home gives you not only the schedule you want, the time off that you want, the time with your family and friends, being able to be a parent 24/7, and much more... It brings the Income also. Income is a big reason why people want to work from home. Having a Home Business can create six figures or more if you work hard, put in the determination, dedication and heart it needs. What job outside the home can you say does that? The ones that do require years and years of school, by the time you can enjoy your life and money you can't even spend the time to enjoy it because you working consistently. Working from Home gives you the Freedom and the Income you want.
2. Stay at Home Moms, Work outside the Home Moms and Single Moms... This gives Moms the opportunity to change their lives and their families lives. Even if it is a part time income as a goal, they have an opportunity to be able to acheive that without leaving their children. Which is one of the main reason's people want to work from home... to be with their children. It allows them to be a Mom and earn an Income at the same time.
3. Inexpensive to start a Home Business / Low Cost Start Up.... With a Home Business or Opportunity you are allowed to have the same and even more potential than a business or career outside the home.. but you get all the other great perks that go along with it! Being able to have a six figure income potential with a small amount of money to start is an amazing opportunity to change your life. You have to think about how much it is to start a business outside the home then compare it to a Home Business. Most Home Businesses are very low cost... there are many that are under $100 to start up. You can take advantage of growing a great residual income with out all the thousands of investing.
4. Getting out of the 9 to 5 day to day... Working from Home gives you the chance to get out to the Rat Race. Being underpaid for your job, dealing with traffic, gas, daycare costs, lunch costs, office drama, not being home with your children and ultimately having not one ounce of control on your life.
5. Tax Benefits / Write Offs... Having a Home Business and Working from Home allow you to have a great amount of Tax Benefits and Write Offs. These include many things from traveling expenses to everyday home bills like utilities, internet, phone, etc. Your Home Office is with in your Home which allows you to have these Tax Benefits. You will want to make sure you consult with a Tax Expert for more details on how this works.
6. Looking for Work (Losing Jobs and just Part Time Work)... This is an alternate to many of those who cannot find a job outside the home or need that additional income. With how bad the economy is in the last year finding a job is getting more difficult. Many are looking for something to allow them to be in charge of their income, not someone else telling them when they can work or lose their job. A Home Business can also be a great way to bring in Income on the side for part time work. It allows those who work full time to work around their schedule and eventually come home with in just a year to a few short years!
There are many Home Businesses and Opportunities to choose from. Make sure you do your research, you know your passion and you are willing to learn how to build it online and offline successfully. When choosing something, put your all into it and do not let anyone stop you. You will have obstacles and walls but they will be worth it. Remember... do you want to work 40 hours a week for 40 years for someone else's dreams to come true or do you want to work 2 to 4 years smart to make your dreams come true?
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