Cash-In on E-Retailing Boom!
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by Patrick Tan
Electronic retailing, the business-to-consumer segment
of e- commerce, is set to grow exponentially in the next few years,
thanks to the phenomenal success and growth of affiliate programs.
According to Jupiter Communications Inc., affiliate programs will
account for 11 per cent of the $5.8 billion of online consumer transactions
this year. This figure is expected to shoot up to 24 per cent of $37.5
billion in total sales by 2002.
>From these figures, it is not difficult to conclude
that affiliate programs will set the wave for the future. Sales concluded
by affiliates will grow more than 13 times over the next 3 years,
much faster than the 5.5 times growth anticipated for total online
sales. What this means is that small home business operators like
you and I will have a very significant role to play in e-retailing.
We may not have the financial resources, business know-how
and technical competency to set up an online business ourselves. But
we can definitely profit from the boom in e-retailing by acting as
an affiliate of established online merchants and selling their products
from our Web sites in return for 5-20 % in sales commission. This
is not a bad deal at all.
Our only investment in this venture is our time and
effort, unlike the merchants who have to incur heavy investments in
equipment, human resources, warehousing and delivery facilities, inventories
and others. (See my free report @ Home Business Guide for a better
idea on what it takes to set up an online business.)
As you can see, your business risk is kept to the minimum
with the affiliate programs. Cash-in on the impending e-retailing
boom and grab a piece of the action now. Here is how you can get started
right away...
The easiest way to participate in affiliate programs
is to join the largest provider of affiliate programs on the Web -
LinkShare Network. LinkShare manages more than 200 affiliate programs,
many of them operated by well-known merchants such as Avon, JCPenney,
Disney Store, The Sharper Image and Borders.
Join LinkShare Network (http://www.LinkShare.com) now!
Once you join LinkShare as an affiliate, you can apply
to join as many affiliate programs as you like easily by clicking
on a few buttons. However, your application will be subject to the
approval of the respective merchants. The requirement is that you
must have a well-designed Web site complete with appropriate web contents
before you can represent the merchants.
In other words, your Web site and the affiliate programs
you represent must reach out to the same target consumers. For example:
If you operate an online community for music lovers, the appropriate
programs that come to mind would be those offered by online music
retailers such as CD Universe, K-Tel and EveryCD.
However, this option is good only for narrowly focused
Web site It may not be suitable for general-purpose portal Web site
that reaches out to a wider population. In this case, it makes good
business sense to operate a cyber-mall that offers a one-stop shopping
gateway to a wide range of online merchants' Web sites. One good example
is Fort Street Mall
All the merchants featured in the Mall use the LinkShare
Network to manage and track their affiliate programs. You can create
your own Fort Street Mall if you have your own Web site, appropriate
web contents, some basic knowledge in web design and programming as
well as a commitment to spend many hours, days and months maintaining
and updating the contents of the Web site
As you may have guessed, creating a cyber-mall involves
a lot of hard works. It can be intimidating to the novices who know
next to nothing about web design, programming or Internet marketing.
If you fall into this group, do not despair! We have the perfect solution
for you to cash-in on the e-retailing boom - Fort Street Mall's affiliate
program. It takes all the hard works involved in creating and maintaining
a cyber-mall away from you, while allowing you to keep all the commissions
earned just like you were running your own cyber-mall Yes, you don't
have to share a single cent with your sponsor or web host.
Everyone can participate in this program. Unlike other
affiliate programs, you need not have your own Web site to participate
in this program. Novices in Internet marketing are also welcome as
we provide ongoing training and support to help you earn money as
you learn on the job. On your part, you just focus your effort on
directing shoppers to Fort Street Mall using a link that contains
your unique ID. Our automated dealer tracking system will track down
your ID and credit your accounts for any sales transactions made at
the Mall.
How much do you think you should pay for a program that
gives you a ready-made online shopping mall? $100 or $200? No, just
a one-time fee of $49 to cover our administrative costs! At this price,
even the experienced webmasters would find it worthwhile to join our
program instead of spending many days or even months to re-create
a similar cyber-mall And that is not all. As an affiliate, you can
earn 30 % commission just by referring others to this business opportunity.
Unbelievable! You bet! Well, the Fort Street Mall's
affiliate program is not meant to be a revenue-generating machine,
but a vehicle to build up traffics to our Web site Otherwise, we would
have taken a percentage cut on your sales commissions. So, what are
you waiting for? Check out the details and start cashing-in on the
e-retailing boom!