There are many online business opportunities to be found on
the internet but you'll not often find one where you can
start generating an income without having a website, a
product of your own to sell, or without having a list of
interested people to sell a product to and without having
to engage in any marketing of any kind. However, there is
such a business, it's known as Joint Venture Brokering. It
works like this: you search the internet and find a product
or service. You then find a marketer who wants to sell that
product; put the two parties together for a commission,
thus making you money from the brokering of the deal.
That's it in a nutshell!
In order to get started in this business, you first need to
decide what area of business you would like to broker for.
It may be a subject you have some knowledge of, or which
you are passionate about.
What sports or pastimes do you follow?
Think of all the things you've done in life, your work,
hobbies and all the places you've been to.
Sit down and make a list of them.
Once you have decided on a subject, you now begin
researching in the search engines and directories, Google,
Yahoo and the like. You are looking for websites that offer
products and services you'd like to promote and which have
a two-tier affiliate program.
What is an affiliate you may ask?
An affiliate is someone who signs up to be a kind of sales
agent for a provider of goods/services, whereby they earn
commission on the number of users they refer and convert.
What is two-tier affiliate? You may then ask.
A two-tier affiliate program is another type of affiliate
program. This term may seem a bit complicated, but it
really isn't.
If you join a normal one-tier affiliate program you are
then able to promote the products of the seller you're
affiliated to and make commission on your sales. A two-tier
program is just the same, except that you are able to
appoint a second affiliate under yourself. The sales made
by that second affiliate earn you commissions as well.
Two-tier programs vary greatly. The very best ones provide
you with marketing materials such as articles, ads, email
promotions, banners and most of all, a decent commission
that is not less than $10 per second tier sale. Most
importantly it must have a cookie tracking system
Why? The reason is this: There will be times when the
marketers you attempt to broker deals with don't actually
sign up on the day you make contact with them, but do so
some time afterwards. Providing the seller has a cookie
tracking system, you will still get credit for the sales
they subsequently make.
First of all, you should make a list of product sellers in
your chosen niche. You do so by following this procedure:
1 Using search engines and directories, find as many
domains offering products and services in your chosen niche
market that have 2two-tier affiliate programs as you can.
List them on a word document. These are your sellers.
2. Again using search engines and directories as before,
you now search for ezine owners within in your niche market
who have email lists to promote to. These are the marketers
who will be able to promote the sellers products to their
opted-in lists of members.
3. One by one, approach each of the marketers in turn and
offer them the opportunity to increase their earnings by
signing up as a second tier affiliate and promoting the
sellers products to their list of members. Once they sign
up, your work with that deal is finished. You will have
created a stream of income that will continue as long as
that marketer keeps getting sales.
You then go on brokering more deals, using the same method.
This way you will be able to continue creating multiple
streams of income for yourself.
Think about it! It's a win-win situation for all concerned.
The sellers are making money, the marketers are making
money and you have created income streams that can provide
hundreds or even thousands of dollars for yourself that can
go on for a long, long time.
As stated at the beginning of this article, you will then
have an internet business without having your own product,
without having a list and without the need to do any
marketing yourself.
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Chris Haycock is an information publisher specialising in
helping people start their own home based business. Why not
go to http://www.easyebizz.com where you can get an
absolutely no cost two hour video on how to create your own
information products in one day, without writing a single
word, and start your own niche ebook business.
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