Best Online Business Models, Part 3: Affiliate Marketing

Last time we introduced look at business models of selling physical products, what it is and why you should have one.

You can do that using an existing offline business or you can just sell physical products online. You make arrangements with manufacturers and you create Web pages that sell products.

There is a close cousin to that second business model and it is one of the best and most popular business models used today.

This “cousin” gives you some of the same advantages:

1. You don’t have to create and manufacture products
2. You don’t have to worry about product delivery
3. Your customer service requirements are small
4. Your share of the profits is good

It also provides new benefits:

1. You don’t have to create as much of the marketing, if you don’t want to
2. No quotas or purchase obligations
3. No requirement for handing payment processes, refunds, etc.

This model is so successful that I personally have met people earning many millions of dollars every year using this model almost exclusively and many more earning a nice, consistent income month after month.

I’m talking about …

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