Affiliate Marketing for Network Marketers

By Mike Klingler

Affiliate Marketing becomes Affiliate Network Marketing!

Many network marketers are beginning to use internet affiliate marketing systems for lead generation and extra cash flow.

This additional income can fund expenses incurred when building their primary network marketing company.

How Does Affiliate Marketing Work?

Affiliate marketing is a system which enables you to get paid for a referral to a product; typically through a link on your website.

Because most network marketers understand the value of applied information, the most common affiliate products for network marketing distributors are books.

Ann Sieg and Mike Dillard have created books with affiliate programs which are promoted by network marketers.

These books include Sieg’s The Renegade Network Marketer, and Dillard’s Magnetic Sponsoring, as well as his Building on a Budget.

Generating Cash Flow for Your Network Marketing Business

Both Ann Sieg and Mike Dillard talk about generating cash flow to sustain your network marketing business.

This is important because most network marketers don’t make enough money to cover expenses when they first get started in the business. As a result, they have trouble meeting overhead expenses while trying to build a base of residual income from their business.

Affiliate network marketing can provide the solution to generating the needed cash flow.

Mike Dillard refers to this as the funded sponsoring proposal.

He calls it that because the system allows you to fund, in other words get paid for, your sponsoring efforts.

Most network marketers build their business by spending money to prospect. They hope that their sponsoring activities will result in a profit.

With funded sponsoring proposal, you have a system in place to generate income from your prospecting efforts even if your prospects don’t join you in your business opportunity.

The system enables you to offer information that a distributor in network marketing will buy, regardless of what business opportunity they represent.

Ann Sieg refers to this process as monetization.

How to Get Paid for Your Sponsoring Activities with Funded Sponsoring

You start off generating a lead by creating some type of content online that attracts prospects to what you have to offer.

Within the content you provide a link which takes the prospect to a lead capture page. There you make an offer for additional information in exchange for their name and email address.

Once the prospect provides their contact information, they become a part of your marketing funnel.

This allows you to follow up with them and make offers for either your own product or an affiliate product. You are able to generate affiliate marketing commissions based on the sale of that product.

By successfully using the funded proposal concept you are able to generate a stream of prospects that are interested in network marketing in general. These prospects will purchase information products from you directly or from one of your affiliate products.

Some of these prospects will be interested in joining you in your opportunity.

Meanwhile, the commissions you generate from the products will help you cover your overhead so you can focus on building your business. No more worrying about where you are going to get the money to cover your auto-ship.

Get the Affiliate Marketing Advantage

Network marketers who also utilize affiliate network marketing strategies have advantages over those who choose not to.

They have a huge list of prospects to talk to about their business.

They also have a cash flow stream to fund their primary business.

Now is your opportunity to employ affiliate network marketing to your business so you too can enjoy these benefits.