In years past, people who wanted to work for themselves had to open a physical place of business, such as an office or a retail store. Such businesses often cost tens of thousands of dollars to open and set up, and anyone who didn’t want to do all of the work themselves had to hire employees to help them.
The advent of the Internet has made it easier than ever for people to work from home and enjoy self-employment. One of the easiest ways to make money is through affiliate marketing. In affiliate marketing, an individual promotes a product offered for sale or manufactured a merchant. The individual provides customers with a link to the site where the product is sold. If the customer buys the product, the merchant shares part of the sales price with the individual.
Here are a few reasons why affiliate marketing may be the perfect business:
Low startup costs. In order to get started, one needs little more than a computer and an Internet connection. This is substantially less expensive than opening a traditional brick and mortar business. If you need to build a Website, you can purchase a domain name and a hosting package for less than $20. For that small investment, you have the same opportunities to earn money as any other company with a presence on the Internet.
Little formal education is required. A bit of study on the Internet can provide you with all of the information you need to begin working in affiliate marketing. There are a number of forums that exist to help people sell things online; membership in many of them is free.
You do not have to stock, package or ship merchandise. The cost of holding merchandise while you wait for someone to buy it can be prohibitive. Depending on the sorts of things you are selling, you might need anywhere from a small room to a large where house. Shipping and package costs can also be substantial, and if you are shipping physical products, you will have to purchase supplies before you make any sales. With affiliate marketing, the merchant takes care of delivery of the product, whether it is a digital download or a big-screen television. You never have to worry about inventory.
It’s easy to add, remove, or change products. If you own a coffee shop, and you decide that you would rather own a bookstore, you will face some significant expenses in making that change. On the other hand, If you are promoting downloadable ebooks today and you decide that you would like to promote DVDs from Amazon.com tomorrow, making such a change may involve little more than buying a new domain name and building a new Website.
While there is no such thing as a “perfect” business, for many people, affiliate marketing comes quite close. The costs are low, the flexibility is high, and you receive the satisfaction of seeing your work yield results fairly quickly. Thanks to the Internet, it’s easier than ever to work for yourself.