Create an affiliate website:
If you don’t want to sell products - either with dropshipping or having your own
products - then you could also consider becoming an affiliate.
As an affiliate, you simply refer people to other sites and earn a commission every
time a sale is made.
You can become an affiliate for major stores like Target, Wal-Mart, or Amazon, as
well as very specific niche sites.
In order for you to have an affiliate website, here are some steps you can take:
Design a website for yourself and set up a virtual store along with payment
methods. You can also register as a seller on eBay or Amazon. Alternatively,
you could simply give reviews of products and then link people directly to the
pages of the products that you are mentioning.
Make sure that you’re signed up on some affiliate sites. Some of the more
popular ones include Clickbank and Commission Junction.Those sites are
both directories and can give you more information about hundreds of
merchants with affiliate programs.
Start building your customer base. Advertise in websites or forums, social
networks, amongst friends, or via other traffic methods (you can outsource a
lot of this to Burn Your To Do List if you don’t have the time or knowhow).
Enjoy the profit margin
How much money can I make out of an online virtual store?
Some affiliate programs will pay per lead - anywhere from $.20 to $100 -
while others charge a percentage of sales - while others pay a flat amount per
sale. This is highly different for each type of program.
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