The barrel diameter may determine a small advantage or disadvantage, but most baseball bat manufacturers know this. All professional baseball players have their preferences, but the majority of them use maple bats. This is because maple bats tend to last longer than ash bats, and when you hit baseballs for a living, this is extremely important. E cut what you can from their names - sometimes, you can find an affiliate program that compensates you more than the company. Take the company's reputation, for example. If you sell a juice or health product, it should perform the way it is described. If you are a baseball bat supplier, it should be clear that you're an independent contractor and independent contractor only. If the baseball bats are for a professional baseball team, it should improve the game for the team and the players or sell very few and far between. Sure, the supplier of the baseball bats may pay very little to no money upfront. Still, they'll be in business to make money for themselves, and they realize the importance of the independent contractor. An affiliate sells the products and services of a company for a commission. Depending on the commission, the affiliate may make anywhere from 20% to 50% per sale. When you have two companies with similar products, but one pays one a higher commission, and the other pays you 50% per sale at the end of the day, which makes more money? Who makes more money overall? If you are to pay that much for those two products, you'd be wasting that money. So, for many of us, we can't sell that many products. We need to keep that money in our pocket. For many of us, that means filling our bank account with one easy product and a lot of time wasted on countless breaks and trips. When we find it's hard to sell one product, we'll find another product that is cheaper, or if we can't find a more affordable product, we'll start selling the second one, and when that one doesn't sell, we've already got the funds to keep selling the ones before that one. And this is how affiliate marketing works. You find the product you want to sell (possibly a challenging one), then you learn how to sell it and market it and catch the customers coming to the vendor's site. Once you make a sale and earn your commission, you gain a portion of that sale, then you take an amount of that profit and keep the rest. It's a clean, clear, and easy way to earn some money. Most of us don't have the effort to develop our product, so we trade our time for money. Affiliate marketing is selling other people's products and services for a commission. There is very little work involved for you, the affiliate marketer, other than advertising and time to develop your product. You find a product you want to sell or develop your own, then all you have to do is build marketing strategies to get your buyers to your vendor's site. The vendor then puts up a sales page on their website; your job is to drive customers to their site. If any of those customers buy their product, you make a commission on the sale. Each product is different, and you can choose what will work best for you and your given situation. This is how affiliate marketing works and continues to work. Now let's say you develop your product. Well, even though you created and put up your affiliate marketing page, you don't have to stop there. Let's say you get good at it and decide to make it available to the affiliate market. You not only can make it available to your existing customers, but you can see what their needs are, and you can develop your product to fulfill those needs. Your work can even be set up so that the prospect after they decide to buy your product, can continue to sell it to their satisfaction or add it to their product line. Well, we saw we have a joint
venture in our future. The key is to make sure it's a good one and that you can trust the vendor to deliver. These are the components that make up a profitable joint venture. Another way to have a joint venture success is to give more to your vendors or affiliates, and then you also deliver to your joint venture partners. So always have a list to show your vendors what they can expect from you and still be pro-active. Find ways to take the cost out of your joint ventures. The more you can give, the more likely they are to say yes. Give them free training and marketing tools. You want to keep your vendors happy to be more likely to want to partner with you in the future. That is how you build a list of joint ventures. Create PowerPoint slide sets that are marketable to your list. JV's all made a list, and that's how you succeed in your joint ventures. You and your partner will become known as additions to each other's plans. Rather than you sending the prospect to your vendors' sales page, have them send it to you! After all, that is their business! JV's build your business!