- Network and Affiliate Marketing: Opportunity Really Does Knock
Network and Affiliate Marketing: Opportunity Really Does Knock
- By Denice Haamid
- Published 04/14/2012
If you want to start selling your own products: Click Here I'm an affiliate and network marketer. I write blogs, designed a website, and I've been in this marketing business for a long time. I enjoy writing articles, blogs and designing websites. However, the most exciting thing to me is teaching people how to get started in a business.View all articles by Denice Haamid
I've read many times that 96% Network Marketers fail in this business and they're doing everything they're supposed to do when promoting their businesses. However, network marketers do not have to worry about failing this time. Fore, there is definitely a win-win high success rate with these companies depending on how you market their products. Fore me, it's the written word all the way and video marketing is even better.
Today, your fortune and new life awaits you in network marketing. It can be a lucrative business once you write down why you want to succeed in it. Another marketing business that's very lucrative is affiliate marketing. With affiliate marketing, you don't have to worry about producing or purchasing your own products to promote, market or sell. You promote, market, or sell the company's products and get the commissions. The same holds true for network marketing.
The best type of income you can make for both network and affiliate marketing is residual income. Residual Income or passive income, as it is commonly called, is income an individual
This type of income is based on repeat orders every month for as long as the customers, affiliates, network marketers or team mates in your downline continues to renew their orders and/or promote products on a regular basis. You can make a percentage from your downline every month when they order, sell, market, promote the products for the company, and bring people into their downlines to do the same thing. This process continues over and over again, before you know it, you're receiving residual or passive income.
Some experts say that producing your own products, such as, e-books and other digital products, or sell your own products give you a better chance to make residual income, however, the work can be real hard and time consuming, unless, you can find a company that'll back you in your business start-ups. There is a company that will help you get started selling your own products that are already made or published.
They will be a great outlet for you to sell your products and at same time, you will be on your way to making residual income. Also, residual income is earned income, so, every year you want to pay taxes. You can also get a $5,000 tax write-off for just having a business, whether or not it makes profits. Just ask your accountant.