Why are hundreds and thousands of entrepreneurs setting up online businesses? There are several reasons for this phenomenal trend. Foremost among the reasons is that the Internet opens up an easier access to a wider market. In fact, the whole world becomes the market of the online business. An online business physically located in one city, for example in New York, can sell its products to clients that live across the globe. Of course, there will arrangements regarding shipment, but such things become SOP or standard operating procedures.
Today, a major part of online businesses is the setting up of affiliate marketing programs. The existence of such programs has attracted not only entrepreneurs and businessmen, but ordinary people who are looking into having their own online business. Affiliate marketing has become the entry point of many new businessmen.
Essentially, affiliate marketing is a business relationship between the affiliate and the merchant, who is the owner of an online company which is selling the product.. Upon entering the affiliate marketing program, the merchant is actually reducing the cost of advertising his products. He need not advertise...