Wednesday, October 6, 2010

Affiliate for Profits

You are probably familiar with the term Affiliate Marketing so the real question is are you affiliating in efforts of generating more and maximizing your profits!  If you are like many, you probably aren't, so why not get started?

Affiliate marketing is a marketing practice in which a business rewards others for their efforts in bringing about new customers/new traffic.  You are in essence rewarded for your affiliation with another business.  I speak all of the time about the importance of building teams, creating partnerships, establishing networks; and affiliating with other businesses via affiliate marketing goes hand in hand with all of the above!

It's best to form affiliate marketing alliances with companies that offer products and services that are complimentary to what you may be offering as opposed to direct competitors of what you are offering.  For instance, if you have an online website that is geared towards hair care products, why not affiliate with a cosmetics company - as those that have an interest in hair care products may have a similar interest in cosmetics.  Get the drift?  Start affiliating today and maximizing your profit potential.

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