Affiliate the Perfect Business?
One famous Affiliate Marketer said that online affiliate business is a perfect business. Affiliate business were here online since the dot com boom in late 90’s. Now there are thousand of affiliate site that offer you to sell their product online or of off line. Just type the word ‘affililate’ , ‘internet affiliate or ‘affiliate business’ at google you will get hundreds of website that offer you affiliate opportunities and most of them a free to register.
What Is Affiliate Marketing?
Affiliate marketing is where a publisher receives a commission for generating a transaction, such as a lead or sale, for an advertiser that the publisher is promoting. The advertiser provides its ads to publishers and assigns a commission for each action it wants to accomplish. Publishers place the tracking code for these ads on their websites, in their email campaigns, or in search listings. Whenever a visitor uses these links to generate an action on the advertiser site, that transaction is tracked online. If a product or service is purchased, the customer pays the advertiser directly, and the publisher is paid a commission for that transaction.
From Mike Delrue : What is Affiliate Business; More »
How much does it cost to start an online business?
Nowadays people tend to google jobs that can turn money fast. Internet seems the famous place to be for this fast money seekers. Many people says that E-Business is a cheap business. Is it true?
Okay let make one case study : A Grocery Store Vs. An Online Bookstore.
Cost of opening a A Grocery Store:
1) Registering for a Company : as low as RM80.00
2) Rent a shop houses / lot : as low as RM1000 per month
3) Startup Capital for fill up entire store with daily groceries : as low as RM10,000.
I list down only important cost occur, If we want to detail it then it might have utility cost such as cost for printing your paper work, bills (telephone, electricity, etc..) and labour cost. So overall cost for setting up a grocery store can go as low as RM10,000 to 15,000. A bigger store more likely more cost will involve.
Lets take a look at opening An Online Bookstore.
1) Registering for a domain name : as low as RM30.00
2) Getting a web hosting provider : as low as RM100
Drop shipping For Internet Business
Drop ship is the choice for E-commerce start-up. When finding the suitable solution for product that I want to sell in ebay or my custom made e-commerce shop, I found out about the drop ship terms.
Many of us are unclear about the drop shipping concept. We usually understand about retail and wholesale business. Drop ship is still a business that need a product to sell but the main key to drop ship is the inventory. With drop shipping, the retailer does not keep a large inventory on the premises.Drop shipping is very beneficial to smaller retail shops, internet-only storefronts and those who primarily use catalogs for sales. Customers of these outlets don’t always expect to walk out with their purchases, so a slight delay between ordering and drop shipping is not a drawback.
