How To

How to Build a Profitable Referral Business

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By fitzcents
User-Submitted Article
(30 Ratings)
Build a Profitable Referral Business
Build a Profitable Referral Business

The goal of network and affiliate marketing is to build exposure and convert visitors into members. Generate a membership base for your affiliate programs' sign-up page to make more money with passive referral activity of the membership downline.

Difficulty: Moderately Easy
Instructions

Things You'll Need:

  • Computer
  • Internet provider
  • Email address
  1. Step 1

    The first step is to utilize your computer as a tool to communicate with contacts yet unknown. You're ability to make friends and connect with people with similar interests, or interest in your products is necessary and it is important to note that realizing what it takes to make contacts with potential customers is the first step.

  2. Step 2

    Because you have found this How-to article, you have taken the correct next step, or you are looking to organize your efforts already begun, but not realizing any results. Your 2nd step to building an active, profitable referral tree is to get good information from organizations that have clearly explained what to do, what to expect, and where to go to get the best available programs for you to join and promote as your own.

  3. Step 3

    One of the tools you need includes an email address, getting one will not be covered, though the ability to communicate easily with your down line is important in building effective down line members to your affiliates. Active, effective communication is so important that if you are unable to properly communicate your message, or with your down line affiliates (people who sign-up under you), you will not have enough of an opportunity to get affiliate activities that results in enough revenues to make the effort successful. Besides email, Messengers (IM/Yahoo/AIM/AOL) are a great way to connect instantly as well as many SKYPE C2C communication tools that are being used by the most profitable affiliate leaders.

  4. Step 4

    Build a network. Building online networks have become very easy. The internet is taking on a whole new look with Web 2.0 applications used by most of today's internet users. Social networks have grown dramatically in membership, and many social network websites offer new technologies that give people the opportunity to communicate and share the internet better. Use these networks to promote your interests. Join groups and clubs that you will find people who are interested in your products. Building friends lists are where many affiliate companies are going to to find high-quality leads and clients.

  5. Step 5

    Use free classified ads to build traffic to your affiliate sign-up pages. There are hundreds if not thousands of free classified ad pages that list products from around the world. Using free classified ad to promote your referral links is an easy and effective way to find new referral sign-ups.

  6. Step 6

    Decide if creating a custom website is for you. We recommend this only if you are ready to go to the next step and cross promote your offers. Now you can build affiliate stores and offer products directly to the public that everyone wants. Go beyond affiliate-only programs and open a store to supplement your down line revenues.

  7. Step 7

    Go to step one and do it again. If you find that things are not working right for you, go back to step one and re-affirm all the tasks that you need to accomplish when you want to build a truly successful affiliate down line with active members to make money online.

Tips & Warnings
  • Spend your time effectively on social networks. Make friends but also take time to create links to point to the content your communications will center around. Bookmarking your content and following up with attraction methods to keep your network informed and interested in how to do more with your offering.
  • Boost your virus protection
  • Your time can be wasted on social networks that take your attention away from the task at hand. Communicate with followers and friends about your views and have information for them to use immediately.

Comments  

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cclofmead said

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on 8/21/2009 Great information! I am thinking of a new business format and this info will prove useful!! Thanks ! 5* rec

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on 8/17/2009 I like all your network referral ideas, as I have a smal biz and this will come in very handy! 5*

nancycarol said

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on 8/17/2009 Loved this one! It's helpful, and to the point. Thanks *5

ringgold said

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on 8/16/2009 Thanks for the tips !!!

tinairene said

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on 8/16/2009 I'm slowly but surely putting the picture together. Many thanks to you for all your efforts.

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