Profiting Through Affiliation:
How Young One Man is Helping Others Realize Their Dream of Being Gainfully
Self-Employed
By
Valerie Young
If you’re
like most people looking to start an online business the biggest thing holding
you back is lack of marketing know-how. Even
if you are relatively marketing savvy, the biggest challenge for anyone starting
an online business is generating sales quickly. That's especially true if, like
me, you are a one person, work-from-home operation. You may have a great
product, but when you're essentially a sales force of one, it can be tough to
reach the millions of potential customers that make up the Internet buying
community. Happily, there is a solution and it's called "affiliate marketing."

Even if you already know
about affiliate marketing - and especially if your small business already has an
affiliate program - you'll want to read on. But first a little background on the
young man who is using the power of affiliate marketing to realize not only his
own dream of entrepreneurship but those of anyone who longs to be very gainfully
self-employed.
Less than a year ago I told
you about a very enterprising young man named Anik Singal (see
ChangingCourse.com/archives/issue124.html).
When I first met Anik at a workshop in Florida a year ago last September, he was
getting ready to enter his senior year at the University of Maryland. In
addition to earning straight A's (impressive of itself) he was also studying to
become a freelance copywriter and had written and marketed an eBook for high
school and college students and their parents on how to improve their grades.
As if all of that weren't
remarkable enough, Anik called me this week with an update. To say that I was
blown away by what he has accomplished in less than a year and a half would be
an understatement. But I'm getting ahead of myself…
When I met Anik, what
impressed me more than his actual accomplishments was his dogged determination
to follow his own path, despite stiff resistance from his parents. Anik is a
first-generation Indian-American who is a born entrepreneur. His engineer father
however, had other plans for his son's future - engineer or doctor. That's it.
It wasn't easy to convince his Dad to let him get on plane to come to a three
day intensive workshop on copywriting. Despite his family's resistance, I was
left with the distinct feeling that this very creative and determined young man
would have no trouble succeeding at whatever he puts his mind to. And boy was I
right!
Back at school, Anik was
accepted into the University's Hinman CEO Program, a residential entrepreneurial
program where students work, eat, sleep and succeed together. Despite being
immersed in entrepreneurial studies, Anik says when he saw all of his friends
applying for corporate jobs and was himself being actively recruited by big
financial companies, he got nervous. So nervous in fact, that he turned to his
father for guidance. Seeing his son give 110% to his entrepreneurial dreams,
Anik's dad came full circle offering this sage advice:
"Ten years
from now do you want to be working for someone else or do you want to work
for yourself… because if you want to work for yourself and you go out and
get a job instead then you'll start moving up the ladder and making a good
salary. And when that happens you'll get too comfortable and it will be that
much harder to leave. So, if you what you really want to do is start your
own business, I say go for it."
That's all Anik needed to
hear. A year after graduating, he went on to win first place in the Hinman
program's Young Alumni category and $15,000 to help launch his latest
brainstorm. Around this same time he beat out some stiff competition to land a
spot in a business incubator program complete with office facilities and an
"amazing mentor" who he jokingly refers to as "Mr. Silicone Valley." And here's
where affiliate marketing comes in.
The business idea that won
Anik all of these accolades is an affiliate training program. Simply put,
affiliate marketing is a risk-free form of advertising through which an online
merchant rewards an affiliate site for every visitor, subscriber, or customer
referred to the merchant - much like a finder's fee. Think of it as cooperative
marketing for people who hate aggressive or "winner takes all" competitive
selling.
For example, say you make and
sell your own line of aroma therapy products or organic dog treats. Instead of
seeing other businesses that sell massage products or dog food as competitors, you
actively seek to associate, partner with, connect with or in other words
"affiliate" with these related businesses in a "win-win" marketing partnership.
When these affiliate companies tell their customers about your product and you
make a sale then the affiliate earns either a percentage of the sale or a set
dollar amount just for referring business to you.
The problem with most
affiliate programs is that online business owners or merchants like me set up
their affiliate programs and then hope people who like their products sign up
and start selling. Unfortunately, this "if you build it, they will come"
approach generates little to no revenue. That's because, as Anik says, "It
doesn't matter how grand your product or service is. No product sells itself."
Instead he says, "You must do what today's best managers do. You must treat your
affiliates as a sales force that represents you and your products to the
Internet at large."
When Anik told me he was
going to send me a preview copy of the first edition of his affiliate management
program, I honestly didn't know what to expect. A few days later, a 14 pound box
showed up at my door. There are far too many resources to outline in detail here
so let me just hit a few of the highlights...
The program comes with a
dozen-plus CDs dispensing priceless advice from a range of experts on topics
like "Secrets to Developing Powerful Upsells" from one of THE top internet
website masters in the world, "How to Get the Most from Network Partnerships
like Commission Junction and Linkshare," and "How to Launch an Affiliate Program
Through Clickbank" just to name a few.
As an aside, I have to admit
I was especially intrigued when I listened to Anik's interview with Deborah
Carney on "The Secrets to Motivating and Engaging the Affiliates You Recruit"
and heard how she herself "changed course." Like a lot of people, Deborah
started out looking for a more flexible schedule that would allow her to spend
more time with her kids. Today she works from home as the affiliate manager for
CafePress, a highly successful online business with a whopping 20 million unique
products.
To ensure that you don't have
to start from scratch, the program comes with lots of templates and checklists
including letters proven to work with affiliates, tracking and other
spreadsheets, cheat sheets, and more. The program also includes a thick binder
on "How to Build and Manage an Unstoppable Online Sales Force." I'll be doing a
more complete review of this and Anik's entire program down the road, but in
brief this particular resource covers such topics as:
-
the fundamentals for
building a strong and stable affiliate sales team
-
how to teach your
affiliates to maximize sales
-
how top managers get the
word out and recruit an unstoppable team of affiliates
-
how to write an affiliate
newsletter
-
what every affiliate
manager needs to know about legal and ethical marketing issues - just to
name a few
And as someone who has an
affiliate program myself (ChangingCourse.com/affiliate.htm),
tools like the Self-Assessment Checklist for Affiliate Managers and the "Where
to Find It in Affiliate Marketing" glossary and resource directory were both
eye-openers. Suffice it to say, I have a lot to learn!
Mind you that the training
resources and management tools I've briefly described here are in addition to
the extensive online training and support that is all part of the training
package. Anik and his team have put together a member website that features
constantly updated resources like a marketing library, highly specific case
studies, blogs, tutorials, conference calls, and step-by-step instructions for
beginners, intermediate, and advanced affiliate managers.
The affiliate manager
training program is truly the first of its kind. To give you an idea of how much
buzz Anik's training program is getting, his company's booth received the 5th
highest number of visitors at a recent affiliate industry tradeshow. It will
officially launch next Tuesday, June 27th, so you can't actually enroll until
then. But if you want to take a sneak preview and start receiving updates,
including learning about special early bird offers, go to
ChangingCourse.com/recommends/affiliatemanager
I also highly recommend you
watch a 14 minute video where you'll get to "meet" Anik who'll personally walk
you through some great tips for generating sales through affiliate marketing. If
you already have a product to sell, are considering developing a product, or
plan to resell other people's products, I can all but guarantee that watching
this video will change your ideas about marketing forever. To watch the video go
to
ChangingCourse.com/recommends/affiliatemgrvideo
Once you see what Anik and
his team have put together, it will be obvious why he won the Entrepreneur of
the Year award. As importantly as the product he has developed, is his
determination to follow his dreams. It's positively contagious. And fortunately
for those of us who want to both work at what we love on our own terms AND make
a good living doing it, Anik's affiliate manager training program may the ticket
to a lifetime of freedom.

Learn how you can Fast Track Your Dream of working at
what you love on your own terms.
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Read more free articles about Changing Course.About the Author
"Turning Interests Into Income" expert Valerie Young abandoned her corporate cubicle to become the Dreamer in Residence at ChangingCourse.com offering resources to help you discover your life mission and live it. Her career change tips have been cited in Kiplinger's, The Wall Street Journal, USA Today Weekend, Woman's Day, and elsewhere and on-line at MSN, CareerBuilder, and iVillage.com. An expert on the Impostor Syndrome, Valerie has spoken on the topic of How to Feel as Bright and Capable as Everyone Seems to Think You Are to such diverse organizations as Daimler Chrysler, Bristol-Meyers Squibb, Harvard, and American Women in Radio and Television.
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