Home Business School Guide to Traffic Wave
Home Business School Guide to Traffic Wave
Home Business School Guide to Traffic Wave – Many of us dream about starting a business from home and enjoying our freedom but don’t know where to start. In this article I will cover the basics you need to know about starting a home business.
AFFILIATE MARKETING
Despite what all the get rich quick stories tell you, the only way to make money online is by either selling a product or providing a service. But if you are starting out then you probably don’t have either.
Therefore, the best way to get started is with affiliate marketing which means earning commission from a product or service created by someone else, this involves promoting their products or services with the marketing materials they provide. The commission you earn depends on the percentage offered and sales made by the person you referred.
You may think this means becoming a sales associate for the company, but you are actually running your own business with the freedom of promoting the products how you wish. There are no targets to meet, no boss to answer and absolutely no deadlines.
Your role is simply to refer interested customers to the company’s website and that’s it. Once the customer buys something, the company deals with taking payments and delivering orders. It is as simple as recommending a good store to your friends and the store paying you a commission from each sale made.
NETWORK MARKETING
Earning a commission as an affiliate is fine but you will need to make a lot of sales if you want to earn a regular monthly income. One way to earn a steady income is to promote products with monthly subscriptions such as magazines.
Another way is Network Marketing. Companies that enroll people as affiliates give them the opportunity to enroll other affiliates under them as part of their team. When these affiliates get the company a sale you gain a percentage of the company’s profit as a bonus because that person is in your team. They can create their own teams which build a network.
Let us assume that you recruit five people into your team (known as a downline) and they all sell a $20 product. The company gives them $5 commission each, leaving $15 which is the company’s profit from the sales.
As you are the person responsible for bringing these affiliates into the company you get rewarded with a $2 bonus from each affiliate, giving you a $10 profit and leaving the company with a $13 profit. ‘
So, you see that you are not taking any of your team’s commissions, the company is offering you part of its own commission because you recruited the team that brought them the sales.
Your downline team can build their own teams and earn bonus commissions from any sales they make, and you can still profit from that. But this depends on how many levels the company is willing to pay for.
So, if your affiliate has ten people in their team and the company is willing to pay up to five levels this means that you can only earn bonus commission from your affiliate and the first four people in their team making a total of five people (or five levels) you can earn from.
Note: some companies may prefer to use the term “multi-tier” How many levels you earn from depends on each company.
SPONSORING AND DUPLICATION
As an affiliate you are part of someone else’s downline team. This person is known as your Upline or Sponsor and they earn bonus commissions from your sales just like you would do from your team.
Their role as your sponsor is to help you get started with your new business and answer all your questions along with teaching you how to market your business and refer affiliates in the same way they do. This is called Duplication. In other words they teach and guide you to help you build your business and you do the same with your own downline.
So, in general: you refer someone to a company you are already an affiliate of. If they are only interested in buying products, then you generally don’t need to assist them. If they decide to become an affiliate, then you become their sponsor and help them get started which involves instructing them in their affiliate duties and teaching them how to perform them.
Then comes the “duplication” part where you teach them how you recruit affiliates and customers to the company. Note: some companies may give you the title of Team Leader or Manager depending on the size of your network.
Read Much More Inside…
TIME AND MONEY MANAGEMENT
THE CORRECT MINDSET
LESSON 02 – INTRODUCTION TO SFI
SFI AFFILIATE CENTER
TRIPLECLICKS
LESSON 03 – THE SFI AFFILIATE CENTER
VERSAPOINTS (VP)
BASIC TRAINING
LAUNCHPAD
VP LEDGER
COMMISSION PAYMENT OPTIONS
LESSON 04 – HOW TO SPONSOR NEW MEMBERS
GATEWAY PAGES
SFI FREE GATEWAY PAGE
VARIOUS MARKETING AIDS
BANNERS
E-CARDS
X-CARDS
MARKETING METHODS
SFI COOPS
S-BUILDER
PSAS TO GO
SPONSORING NEW MEMBERS
LESSON 05 – EARNING ACTION VERSAPOINTS
LESSON 06 – EARNING SALES VERSAPOINTS
LESSON 07 – GENERAL INFORMATION
CSAS
SELLING YOUR OWN PRODUCT AT TRIPLECLICKS
POWER TOOLS
FURTHER TRAINING
HELP AND SUPPORT
And Much, Much More…
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Regards, Coyalita
Behavioral Health Rehabilitative Specialist & Addiction Counselor
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