Potential means everything to me. It’s an abstract concept but a lot of the business decisions that I make are based on potential. When I started with internet marketing many moons ago, my idea of making money online was creating some sort of a physical business that could ship products to customers that found us online. The question becomes how many green widgets can you sell? How much inventory do you have to hold? How fast can you transition into a new product and blow out the old products? All of this limits the overall potential of a business. You are stuck with what you sell, the inventory you hold and the amount of people actually interested in your product.
Affiliate marketing offers HUGE potential. An affiliate can be in multiple products at one time and trasition out of losers and into winners in a matter of hours. You get to sell other people’s “products” that typically appeal to a very broad audience. Your only limit is the amount of money you can spend on advertising. You can grow a campaign from $10 per day profit to $1000s of dollars per day profit literally over night. Name another business in which you can do this. Affiliate marketing is truley unique and it’s limitless potential excites me.
Brilliantly simple concept. It’s almost a business in a backpack isn’t it?
There are so many offers available to promote and there are still good domains and good keywords available to get traffic to your site.
As a newbie still that is what is most exciting… going for $10 a day to hundreds of dollars a day. Finding the right combination that will make that happen.
Pretty cool post to think about the big picture.
I agree, Affiliate marketing is an industry I am appreciative for, because of all it has to offer; in ways many cannot.
Affiliate Marketing is very competitive, but… there are tons of areas to focus on… most of which no one is even testing. I love this industry!