Affiliate Marketing for your existing MLM Business
Hey we all need more traffic and leads for our MLM or affiliate business, so what better way to do it than be an Affiliate for yourself!?
How I hear you ask. Well visit here for an example of how I do it for my Essential oils company its QUADRUPLED my business!
Affiliate marketing is not new its a tried and tested method of making money using the Internet by promoting someone else’s product or service through your own website or social network.
It involves three parties:
You the Affiliate
The merchant or store
The customer
and Four Steps
The customer uses a search engine to look for a product or service.
They see the link to your website and click the link.
They then click on a link to a product on your website and buy the product.
You then earn a commission.
Pros and Cons to Affiliate Marketing
Pros of Affiliate Marketing
You choose the products you want to sell. As there are millions of different products available online, the choice of products to promote is unlimited, and there are also many different promotional techniques you can use
When you get it right, you don’t actually have to do much “selling” – you are just making it easier for potential customers to find the product that they are already searching for
Affiliate marketing is one of the cheapest ways to start making money through the Internet. You can start an affiliate business without having to make a large initial investment
Most affiliate programs are free to join
Once you get traffic to your website, you can just sit back and watch the commissions roll in
Cons of Affiliate Marketing
You are the one who has to find a niche product or service to sell
You need to set up a website, brand and build a presence on a social media network
Like I said above, once you get traffic to your website, you can just sit back and watch the commissions roll in, but this takes consistency and time.
Pros of mlm
If you’re a very good sales person and the people you recruit are loyal, you can earn money through MLM
It gives you an opportunity to enjoy residual income
You can work from home or remotely
Cons of mlm
If you’re not good at recruiting people, it’s difficult to succeed in MLM unless you try getting online leads.
It’s difficult to sell an MLM product to someone else. Unlike affiliate programs, you usually have to sell the idea of the product or service to other people, not just the product itself
Many MLM products have a relatively high amount of competition online, so selling the product can be difficult
Finding a reputable MLM company can be a struggle
You often have to pay an introductory fee to join an MLM program
Can you do both together? SURE!
Absolutely! If you’re already with an mlm why not pick your favourite product and be your own traffic generator? Instead of paid affiliate links send people to your replicated website or if your passionate about MLM help others, do a blog on just that, in addition recommend books you have read on the subject and sales aids that have helped you?
Some companies have strict policies though so check with who you are with that they are happy for you to do this.
If you don't already have an MLM and are wanting to make more money online, why not just jump straight into Affiliate marketing and choose a niche subject or product to promote?
You need to pick something you love or already know about for an affiliate blog and the beauty of human nature is everyone is different, but some people are similar and all over the world there will be people that are interested in the Niche that you chose to talk about. It has to be a perfect Niche for you, think about what hobbies and interests you have and something that you are going to keep driven about, you wont get the traction and success you need unless you stick at it for a while, your website traffic is not a case of ‘Build it and they will come’ you have to work at it, regularly for at least 35 weeks until the search engines start taking your site seriously! The more Specialised you can make it the better your special keywords will rank.
Everything you need to know can be learnt following the links to wealthy affiliate on my website.
With MLM an affiliate landing page not only can earn you income from directing traffic to their website, but also drive traffic to your own.
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