Business Note: The Difference between affiliate marketing and referral marketing
0 评论 张贴者 Daniel Dea
To get to the point we will have to explain what affiliate marketing is, in addition we will need to explain what referral marketing is. To start off with, you will learn about affiliate marketing. When you own a company or organization that needs to be promoted or marketed you can use people to refer other people to use your website, or offline business. This is a marketing strategy that have been proven, tried and tested, and it is an easy way of generating more daily sales. The thing with affiliate marketing is that when you make a sale through one of you affiliates you will need to pay that person a percentage of what you have made on the sale. The going rate for affiliates doing affiliate marketing nowadays is about 20 - 60 percent of the item price. Most of the time companies will start affiliates on a 20 percent commission and move them up when the sales starts picking up. An affiliate program is a must if you are looking to generate traffic for your site and heighten your daily sales.
Referral marketing, as apposed to affiliate marketing, is the cheapest method of sales and marketing and companies and organization the world over are adopting this priceless sales method. Many of these companies will admit that since they have adopted the referral marketing method their sales have gone up by more than 60 percent and is still growing. To describe referral marketing to you, it is safe to say that it is a way of using your current clients to generate a new database of clients for you and your company. To have a successful referral marketing plan you need lots of business cards and loyal clients you can hand you business cards out to. In turn you client will take your cards and hand them out to close friends and family, and for any successful referral they make they will get paid $20. You could even take this a bit further and motivate these people by offering $5 for every referral they make and an extra $20 for every referral you sign up. This way they will be more careful when referring people to your company. This method work best for sales and marketing, the reason being that people trust friends and family when it comes to business, so you will always be getting trusted leads.
There is only one difference between referral marketing and affiliate marketing that is that online affiliate marketers get paid on a commission basis for each person they refer. Whereas referral marketers get paid a set amount for every referral they make or every referral they bag and tag for your company. This is a slight difference and is considered this because when you adopt the referral marketing method of sales you can offer many thing other than money to the people you use for referrals, like shopping vouchers, discounts on a meal, prizes, or you could even go as far as turning it into a competition, which makes affiliate marketing a more developed version of referral marketing.
COPY from Business Resources at http://www.corporatejourney2u.com/business/young-and-restless-is-best-time-for-business.html
When you are young and restless, it’s the best time to start a business in today’s world.
Look around, and you’ll be amazed by how young millionaires could be nowadays, and how many people are start enjoying early retirement life in their own ways.
What does it takes to be able to retire young retire rich ? Why is your youth your advantage when it comes to starting a business?
Young and Restless, The Real Golden Years
Millions of people are living in fear because they followed conventional wisdom: Go to school, get a job, work hard, save money, buy a house, get out of debt, and invest for the long term in a well-diversified portfolio of mutual funds. They need a new plan.
If retire young retire rich is such a good idea,why should not we go for it?
If you could observed clearly, many people gain their success earlier in life nowadays. Look at people such as Bill Gates (Microsoft), Michael Dell (DELL), Milton Hershey (Hershey Candy/Chocolates), Fred Smith (Fedex), Steve Jobs (Apple), William Hewlett and David Packard (HP) and many thousands of other young people who started business and became successful.
2 of the main reasons why millionaires are becoming younger and younger are:
1. Qualifications Barrier
Entrepreneurs don’t need degrees like lawyers and doctors do. They are credentialed by virtue of their track record.
2. Information Age
The rules have changed. We are no longer living in the industrial age, even though we still have industrial age businesses and people around (the same goes with agriculture). Today, the one who rules are the one who knows how to fully utilize and monetize informations (look at Google and Facebook).
Young entrepreneurs are not anomalies. They are just ordinary people like you and me.
If you want to retire young retire rich, you must first breakthrough the mindset, your young and restless age is the best time for business, and is your real golden years in life, not the conventional media portrait for the retirement aged of 55 or above.
5 Reasons Why Young and Restless is Best Time for Business
Here is your realistic A-list of why starting a business at your youth is an advantage:
1. Young and Energetic
When you are too energetic, you exceed your expectations pretty easily. It is hard to missed your target or perform below your expectation. People expect less from young people, and you can easily outperform the expectations, making name for yourself with the media.
2. Little Competition
How many youths in your peers or your neighborhood are entrepreneurs? Many people are still following the old financial advice for their life even today. Accomplishment during the college years are more impressive than those in your working years.
3. Resources
Many governments, non-profit organization and individual agencies are supporting youth entrepreneurship nowadays. There are handful of resources over the internet for your research and study, and access to informations you could never imagine years back.
4. Low Liabilities
When you are still young and studying, it’s most likely you have your income stream from your family. And some of you may have the scholarship or sponsorship for survival the college age. It is something you can always fall back on. You probably won’t be starving or lose your mortgaged house in the process if you failed.
5. Top Performance
When you are not so connected to the real world, it is most likely your perspective on the world is fresh. You are able to see many opportunities that haven’t been exploited. You have the chances to seize the unique opportunities and capitalized on them when you are still young. You could be working on something you are passionate about more than 10 hours a day, without feeling really tired.
You hold in your hand the power to make a rich life for you and your loved ones. And now you know that when you are young and restless, it is the best time for business.
Still, you think the names and corporations mentioned above are too big for you. How about refer to Inc.com’s 30 Under 30: America’s Coolest Young Entrepreneurs (they seems more closer to the ordinary people):
http://www.inc.com/ss/30-under-30-americas-coolest-young-entrepreneurs
例子[4]：西班牙人卡爾沃瓦斯在2003年贏得近4771萬令吉，中彩後買大屋、3輛名車，還開了農業機械公司，但生意失敗欠下巨債，去年初自殺身亡。
例子[5]：英國前保安員羅伯特斯（John Roberts）1998年贏得4330萬港元（約馬幣1878萬令吉），一度擁有40架車，但最終揮霍過度，住所被銀行收回，婚姻破裂，現還欠債2萬鎊（約馬幣10萬7800令吉），要住流動房屋。
例子[6]：中國湖南74歲男子黃祝人3年前中了400萬元人民幣（約馬幣197萬令吉）大獎，將300萬（約馬幣148萬令吉）給了女兒，後來他投資侄子的生意失敗，希望女兒還一些給他被拒，兩人打起官司。
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