Most people dream of leaving their jobs and start their own business but are scared to do so because of the fear of leaving a secure source of income. This is especially true when you don’t have the capital to get a business up and running.
However, starting a home based affiliate marketing business is relatively easy and its attraction is due to the following factors:
1. Work from Home
One of the most desirable factors is the privilege of being able to work from your own home. Your home is your most comfortable surrounding. Everything you want and need is right there. If you have small children, a home business is even better. You can work and still be home with the children. You also don’t need to worry about commuting and work wardrobes. You can work when you want and schedule your jobs around your other commitments. Working from home does provide people with many wonderful advantages.
2. Low Risk Level
Even small businesses need a fairly large amount of capital. Most people rely on banks for the financing which puts them at further risks. But with affiliate marketing business, when you sign up as an affiliate, the risk level drops by about 90 percent -- as an affiliate, you sell goods or services on behalf of another company. You are paid according to how well you perform. You don’t have to worry about sales targets and making a certain amount every month. The company you work for worries about all of that. You concentrate on selling the goods and services that you want and increasing your earnings.
3. Less Stress due to Competition
Other types of home based business has to worry about competition. Unless you really hit upon a niche market you are likely going to have to attract customers away from already established businesses in your area. This can be difficult because customers tend to trust what they know is good. If you do manage to do it you will be creating some bad blood between you and other businesses. But with affiliate marketing programs, you’ll be selling products that have already been on the market. You can actually check the salability of these products with the company. If the products you choose are well known and trusted then you won’t have a problem attracting customers. This takes the stress off of you.
4. Easier to Manage and Promote
On average, nearly 70 percent of small businesses fail in the first year. Those that do make it still have many hurdles to get past. It usually takes 5-7 years to realize any significant profit in a sole proprietorship. During this time the business owners have to continually promote their business just to keep it afloat. A home based affiliate marketing business is much easier to manage. You will have to work hard to promote yourself but most of the start up work will be done for you. You’ll have your line of products or services, and you’re provided means to advertise them. You’ll also have support from the company. They will be on hand to answer questions and offer advice on how to increase your sales. Remember, the better you perform, the bigger their sales.
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