How to Tap Into Affiliate Marketing Programmes to Boost Your MLM Opportunity

by Remi Badozi on November 7, 2011

affiliate_marketing

Affiliate marketing.....extra money in your pocket!

Incorporating affiliate marketing  into your mlm business opportunity allows you to build an empowering model because you are able to create cash flow as well as generate more prospects for your mlm business and products.

One major challenge that those who are new in the mlm industry face is that because of the pricing of some of the products that we market, it can be particularly hard for some distributors to create enough profit from just retailing their products. Majority of the mlm companies simply don’t pay out enough money on the sale of a product o support the early stages of building a network marketing team

If affiliate marketing is implemented correctly, you will be able to generate upfront cash flow that you can re-invest back into your business and still have some more money to put in your pocket….bank account. Most of the time it is the earnings from affiliate marketing programmes that helps most network marketers to stay in business until the residuals from building a network marketing organisation start to kick in and are able to produce a significant monthly income.

Therefore, rather than just pitching your products and your mlm company like some network marketers do, you should share with your prospects various associated products & services that your prospect may find useful regardless of whether or not they join your network marketing company. The fact that your prospect doesn’t want to join YOUR business does not mean that they don’t have any interest in the industry.

So, what exactly is affiliate marketing?

Affiliate marketing is when you promote products and the company pays you a percentage of the price of the product. These could be informational products like e-books or services, software – anything.

Affiliate marketing can be a very profitable and great way to earn a steady income from your web site. Basically, instead of actually owning the products, you refer people to buy them and you make a commission off of it. One easy way to do this would be to post your website or product on a forum or blog in order to get the most people possible.

To increase the success of your affiliate marketing, make certain that the company you are advertising has a good reputation. Doing business with a disreputable company can be detrimental to you in two ways: you may be forced to wait for large amounts of time to get your money, and your customers trust in you will diminish

Getting started in affiliate marketing can be quite easy if you know what you are doing. Educate yourself on the basics first, before you sign up with a programme, and you’ll see better results in the long run.

Now, before you jump in headfirst, below are some rather important basics that will help you to get the most from your affiliate marketing programmes:

  • Choose a programme that offers people something they want.
  • Make sure the programme is relevant to your website.
  • Only promote products that are genuinely useful or valuable.
  • Try out the product yourself before you offer it to other people.
  • Be honest and transparent about your affiliations.
  • Choose an affiliate that offers good commissions and has a high sales ratio.
  • Make sure the company is trustworthy and offers tools to help you get more sales.
  • Don’t be afraid to switch programmes if you don’t get good results.

Gaining trust is an important factor to consider for successful affiliate marketing. One way to foster trust is to show a passion for your product. The more personality and excitement you show, the easier it will be to build a trusted following. Building some kind of a relationship with your visitors now will surely boost your link potential in the future.

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{ 5 comments… read them below or add one }

Elizabeth November 8, 2011 at 4:05 am

Hi Remi,
This is a great detailed post on MLM. I would just like to add that I believe it is important to build sold relationship with others, gain their trust, let them see you as a mentor so that when you introduce to them a product, it will be something that they can relate to.
It is true that a lot of MLM business out there have very high starting costs and then the autoship system which makes it virtually impossible for people starting on low budget to keep up and actually make a profit.
Thanks for sharing this with us here.
Cheers

Reply

Remi Badozi November 8, 2011 at 9:11 am

Elizabeth,

Thank you very much for stopping by and leaving you comment. Yes I agree, as people will only buy from those they know and trust, it is very important to build that relationship first.

Regards
Remi

Reply

Ryan Biddulph November 8, 2011 at 6:25 am

Become an expert in your niche and your affiliate product becomes more attractive. Thanks Remi!

RB

Reply

Afibah November 9, 2011 at 11:00 am

Remi, thanks for highlighting the potential of affiliate marketing for budding network marketers. Considering that negative cashflow is usually a problem for most marketers at the beginning of their journey, affiliate marketing is a powerful way to generate some income and bridge the gap. Another great post, Remi.
Afibah recently posted..MLM Marketing: How to Build a Quick Downline

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Aisheteru November 9, 2011 at 11:25 am

I think affiliate marketing can really help people to take that next step. It really is worth the time and effort because in the long run we will look back and be satisfied with our groundwork we’ve laid.

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