Nerdy Affiliate Adventures In Affiliate Marketing Land

Top 11 Reasons Why I LOVE Affiliate Marketing

Posted by JasperP on June 22nd, 2008

Affiliate Marketing is a great field to be in. I’ve been actively doing this type of Internet Marketing for about a year and I absolutely love it.  I highly recommend it to anyone that wants to get out of their day job and start a business online.  Here are 11 reasons why I recommend it:

1. You can choose your own hours - You can work as little as 4 hours a week or as much as 80 hours a week.  It’s your choice.
2. You can work from home while keeping your day job - This type of business allows enough flexibility to keep your day job while you work on your affiliate marketing business.
3. Requires little startup capital - There are ways to do affiliate marketing without spending a dime.  For example, doing article marketing using ezinearticles.com to generate traffic to your squidoo.com lens while promoting a clickbank product.
4. You can make money from your interests - The things we are passionate for can serve as an opportunity to make money online.  For example, if you enjoy shopping for shoes, you can create a site on different types of shoes, depending on your interests.
5. No inventory or customer service required - You are promoting as an affiliate so that means that the merchant takes care of the hard stuff.  No need to have boxes and storage for your products and definitely no need for a customer service center to handle the nasty calls!
6. You can promote virtually ANYTHING online - Nowadays, there are so many programs that allow you to sell anything online.  At the very least, you can promote an amazon.com or ebay.com product. They pretty much have everything!
7. No boss to report to - I hated having a boss, I felt like I was walking on thin glass around him. In affiliate marketing, there are no bosses to keep you in check or tell you your doing a horrible job.
8. You can take vacations whenever you want - You don’t have to work for 1-2 years to get 4 weeks of vacation per year.  If you worked hard enough on your marketing campaigns, I’m sure you’ll feel the need to give yourself a well-deserved vacation.
9. You can still work on vacation! - Since you earned that well-deserved vacation, you can still check your campaigns and statistics because all you need is an Internet connection. Lol!
10. You can make more money than you ever dreamed about - There are many affiliate marketers making THOUSANDS of dollars per month.  Some make more money in a month than people in a day job for a year.  Check out http://s.eriously.com to see some of the amazing checks these affiliate marketers bring in.
11. Affiliate marketing is easily scalable - In this business, you can create more websites, promote more products, get more visitors, etc.  This is different from a service business like consulting, doctors, accountants, and others.  You’d have to higher more help to scale the business.  Affiliate Marketing is easier to scale which is one of the reasons these marketers are able to make a lot of money really fast.

So those are some of the reasons why I LOVE affiliate marketing.  The opportunities are endless, it allows you to be as creative as you want and you can do it in the comfort of your own home.

So why do YOU love affiliate marketing? (or maybe why do you hate it? lol)

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I Just Submitted My LLC Application!

Posted by JasperP on June 9th, 2008

I just finished applying for my LLC at LegalZoom! It cost me a total of $656.00 but, I think I’m saving so much more by going through them. Supposedly, I’m saving $2000+ by using their services as opposed to working with an attorney or law firm to file my application.

I filed my business as an “Single-Member LLC taxed as an S-Corporation”. After doing some research, it seems that some other affiliates were doing the same thing, so I figured I should do the same. There are some tax benefits such as not having to pay the 15.3% self-employment tax. I’m still not quite sure what all the benefits are, but I figured I can learn about it later.

Legalzoom made is really easy to file the LLC application. They had a multiple-page questionnaire that made it easy to understand. All I did was answer the questions, submit my payment information and off it went! I’d say it took me about an hour to do the application.

So What’s Next?

Well, I’m going to start applying for some business credit cards, apply for a business bank account and start changing my affiliate accounts to the new business account. I also need to get more organized as far as accounting goes. I might just look for a tax consultant to figure all that out for me.

Paul at Uberaffiliate has a nice little summary on business credit cards on his blog:
http://uberaffiliate.com/business/business-credit-cards/

I’ll probably apply for some of those in a couple of months as soon as I get my application back.

I’m an official business! Exciting!

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