One huge red flag is any company that promises you a “get rich quick” marketing strategy. Although affiliate marketing can be good money, it’s by no means instantaneous. Stay away from anything that sounds too good to be true. Also, stay away from any merchant that wants to charge you startup costs. Additionally, use established affiliate programs to find your merchants. Read reviews and ask around. You’re not the only person trying to supplement income with this marketing strategy, so there are plenty of other professionals with whom to crowdsource.
Let’s say you have a promotions page where you’re promoting a product via affiliate links. If you currently get 5,000 visits/month at a 2% conversion rate, you have 100 referrals. To get to 200 referrals, you can either focus on getting 5,000 more visitors, or simply increasing the conversion rate to 4%. Which sounds easier? Instead of spending months building domain authority with blogging and guest posts to get more organic traffic, you just have to increase the conversion rate by 2%. This can include landing page optimization, testing your calls-to-action, and having a conversion rate optimization strategy in place. By testing and optimizing your site, you’ll get far better results with much less effort.
Once you’ve established the fundamentals of technology entrepreneurship you are guided through how to sell, market and scale your new technology startup. NovoEd has recently teamed up with the prestigious Babson Global Entrepreneurship program to offer a whole range of entrepreneurship-focused courses. I highly recommend browsing the NovoEd website for their other entrepreneurship course offerings.
My own work-from-home career started when I was already in the house on maternity leave. My steady job disappeared while I was away and a little extra money earned here and there while my son slept built up slowly into a profitable business. I now find myself working from home full time, sometimes in my pyjamas, while my son is at preschool or being cared for by others, and let me tell you, while it has some benefits, working from home isn’t the panacea I thought it would be. For one thing, WFH mom guilt is every bit as insidious as working mom guilt.