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Posts tagged affiliate marketing
Protecting Your Business from Piercing the Corporate Veil
Feb 15th
A big concern for business owners and professionals is the threat of lawsuit. In today’s litigious environment no business or business owner is immune. When a business is sued, many plaintiffs will go after the owner’s personal assets. To protect your assets from personal liability, business owners should create a corporation or Limited Liability Company (LLC).
Incorporating or creating the LLC is a critical first step to protect the business owner’s personal assets; however it is possible that, even though the corporation is created, plaintiffs will nevertheless assert personal liability against the owners. This is when plaintiffs will seek to “pierce the corporate veil”. To avoid piercing the corporate veil, it is important to maintain corporate formalities. These formalities ensure that the corporation is not only created, but also operated and maintained properly.
Corporate formalities include preparing and observing Bylaws, holding regular Annual Minutes for shareholders and directors where directors and officers are elected and corporate actions are approved, and a Corporate Book is maintained with the up-to-date record of stockholders and capital contributions. Also, business should be conducted in the corporate name by signing corporate documents as an officer rather than in individual name, and separate bank accounts and records should be maintained that are distinguishable from individual accounts.
There is the real possibility that, if corporate formalities are not followed, a business owner will be held personally liability. Creating the corporation and observing all formalities is the only way to confidently know your personal assets are protected.
IncorpAcademy.com is a valuable source of training and tools for small business owners. Our Online Secretary, Corporate Tutor, and Business Workshops can place your business in the top 5% of businesses who are operating without fear of Piercing Your Corporate Veil. You can contact Ryan Brown ryan@incorpacademy.com for an exclusive VIP discount as a CrazyGreat! reader
How To Make Money With Affiliate Programs
Dec 14th
Affiliate programs can either be a way to put a little extra cash in your pocket or, hopefully, become a full time job. However, it’s not like you can put up a bunch of affiliate links and expect to start making a mint. If you want to make a full time job’s worth of money off affiliate marketing, you have to work at it full time. The great thing about affiliate marketing is that it works 24/7, but this doesn’t mean you should also put in several hours a day of your own time.
The affiliate marketers who have had the most outstanding success are normally those who have more than one site working at once. It’s much harder to make a decent amount of money if you have one affiliate site at a time. Experienced affiliate marketers will have a number of different sites running at once, all with different types of affiliate links. What this means is that each affiliate site will need new content in the form of blogs, forums, articles, and other techniques.
A key to a successful affiliate marketing program is to make the affiliate site a useful resource. Just posting a bunch of links is not going to impress many web surfers. They’ll leave and likely never come back. The trick to any web business is to keep people on site—this is true for the affiliate partner and it’s true for affiliate marketers. An affiliate site shouldn’t necessarily scream, “affiliate site.” Instead, it can be a trusted resource on a particular topic.
Useful content is the best way to make this possible. Take a site that has a number of links to sports-related businesses (apparel, equipment, tickets, books, etc.). The affiliate marketer can then set up a forum that talks about different sports teams, strategy, and so on—potentially, this forum could bring in sports fans from across the country. Blogging is another great medium for affiliate marketing. On the same site, the blogger could write reviews of new equipment or write in depth trade talk about a variety of sports. These are just a few ideas but they show how affiliate marketing can—and should—be a serious, long-term proposition.
What it comes down to is that affiliate marketing is no different than running the host site. Both are about running a business, even if an affiliate marketer has no direct product or service to sell. An affiliate marketer should set up a site that is useful and informative—a destination that people will come back to again and again. In some cases, an affiliate site might even be more informative than the partner’s website.
Only until these issues are covered can an affiliate marketer hope to make a good amount of money with affiliate marketing. Sure, you could put up links and hope for the best, but you should think about investing some time into the site if you really hope to turn a respectable profit.
Here’s a Thanksgiving Giveaway from CrazyGreat!
Nov 25th
Okay, you want an invite to a Thanksgiving Special that’s giving away products for free, well here’s your opportunity.
My friend Jason James just released the internet’s most massive giveaway ever:
Simply sign up and get the scoop.
-tons of ebooks
-tons of scripts
-tons of everything you’ve ever wanted
Where did all these goodies come from?
http://crazygreat.com/holidaygiveaway
I teamed up with Jason James who has called in some favors from a whole bunch of top online marketers and convinced them all to give you TONS of Products at no cost to you.
It is our way of saying “thank you”!
These products are worth thousands and thousands of dollars and have already made the owners thousands and thousands of dollars.
I just can’t hide the excitement. This is probably the most exciting news I’ve ever shared with you.
Go get it now!
Which Affiliate Networks to Choose?
Nov 23rd
Many people have heard bad stories about affiliate programs and affiliate networks. The stories they may have heard are probably related to illegal programs or pyramid schemes. These types of program do not have a real, worthy product, and there’s usually very little, if any, real money to be made with these types of programs. DON’T be associated with these schemes. You want to be with a program that offers high quality product that you will readily endorse. The growing number of those who have joined already and are succeeding immensely is proof enough that there are reliable and quality affiliate programs out there.
Why participate in an affiliate program?
It allows you to work part-time. It gives you the opportunity to build a generous residual income, and it makes you an owner of a small business. Affiliate programs have already created many millionaires. They are the living testimony of how hard work, continuous prospecting, motivating and training others pay off.
If ever you are deciding to join one, you must take note that you are getting into something that you are capable of working. This will be an assurance that you are capable of doing anything to come out successful.
How do you choose a good affiliate program to promote? Here are some tips you may want to look over before choosing one:
1. A program that you like and are interested in. One of the best ways of knowing if that is the kind of program you wish to promote is if you are interested in purchasing the product yourself. If that is the case, chances are, there are many others who are also interested in the same program and products.
2. Look for a program that is of high quality. For instance, look for one that is associated with many experts in that particular industry. This way, you are assured that of the standard of the program you will be joining into.
3. Join in the ones that offer real and viable products. How do you know this? Do some initial research. If possible, track down some of the members and customers to give you testimonial on the credibility of the program.
4. The program that is catering to a growing target market. This will ensure you that there will be more and continuous demands for your referrals. Make inquiries. There are forums and discussions you can participate in to get good and reliable feedbacks.
5. A program with a compensation plan that pays out a residual income and a payout of 30% or more would be a great choice. There are some programs offering this kind of compensation. Look closely for one. Do not waste your time with programs that do not reward substantially for your efforts.
6. Be aware of the minimum quotas that you must fulfill or sales target that is too hard to achieve. Some affiliate programs impose pre-requisites before you get your commissions. Just be sure that you are capable of attaining their requirements.
7. Select one that has plenty of tools and resources that can help you grow the business in the shortest possible time. Not all affiliate programs have these capacities. Make use you decide on one with lots of helpful tools you can use.
8. Check if the program has a proven system that can allow you to check your networks and compensation. Also check if they have it available online for you to check anytime and anywhere.
9. The program that is offering strong incentives for members to renew their membership each time. The affiliate program that provides continuous help and upgrades for its products have the tendency to retain its members. These things can assure the growth of your networks.
10. Be aware of the things that members are not happy about in a program. Like with the ones mentioned above, you can do your checking at discussion forums. If you know someone in that same program, there is ho harm asking if there are many downsides involved.
Make sure you have a thorough and intensive knowledge about the affiliate program and network you will be promoting. Knowing the kind of program you are getting yourself into will make you anticipate and prevent any future problems you may encounter.
Here are a few that I use on a regular basis. They are all easy to work with, and they have plenty of products and services that you can promote.
