7 Rules To Live By When Choosing An Affiliate Program Or Work At Home Business

So you’ve decided to become financially independent! You’ve chosen to work at home. Congratulations! I’m sure this is a decision that can turn your life around and lead you to financial freedom.

But that is going to happen only if you’re careful enough to let it happen! There are a few things you should really look out for when deciding to work at home.

When you set out to give the work at home business thing a try,
you’ll find out that this was just the easy part! The hard part is to discover which one is right for you.

With all these so called “opportunities” that flood the internet, you should be very careful in choosing a work at home business. To help you, I have put together a few simple rules:

Rule #1 : Try to avoid “get rich quick deals”

Now that’s a golden rule! Usually, when something sounds too
good to be true then it probably is!

Oh, I know these sound appealing and of course you would like
to get paid for doing nothing (so would the rest of us!).
But don’t you think that if these people had the magic solution to making big money they would use it instead of trying to sell it to you for whatever price?

It’s sad to know that so many people end up feeling frustrated
when they realize that they have wasted their time and hard
earned money. There are no magic tricks!
Commitment and hard work instead, can make you rich.

Rule #2 : Find a program that you really like and can work with

Another rule that’s essential! Say that you come across a
program that requires you to sell life insurance. You hate
insurance people, you think they’re full of hype.

So what, the compensation plan looks great! What would you do? Would you join the program? Could you picture yourself selling life insurance even if you hate the very idea?
The answer is that you’re never going to make any money doing something you don’t like!

The point I am trying to make here is, that you should go on and find out everything there is to know about the program you are interested in. Just spend some time doing an essential reading through the available material (company website, related articles etc).
Try to get an overview of how the system works and if you need more information or if you get confused , go ahead and ask the person who referred you to the program for help. Doing your
homework always pays off.

Rule #3 : Make sure you know exactly what you’re getting for your money

There are just too many companies out there that present you
with sales letters as long as a book but not even a hint as to
what you are actually getting in return!

If the product they’re selling is that good and is going to make you so much money, why hide it? Why only mention it in the last few paragraphs?

Ok, I know, it’s the way sales are closed. Still, you would like to know exactly what you’re buying. It could save you a lot of grief!

Rule #4 : Perform a background check on the company

The longer it has been around, the better. This way you know
that you’re dealing with an established company that will not go bankrupt 4 months after you join!

It has been known for people to lose their online businesses and commissions owed to them for this very reason. Choosing
a quality company is essential but can prove critical to the
survival of your work at home business.

Rule #5 : Make sure you’re going to get all the help that you need

It’s just typical for someone to join a program, pay his membership fee or buy a product and then be left in the dark,
not sure what on earth to do next!

Again, I’m repeating myself here but this is important, try to get an overview of how the system works, who your upline people are and how they can help you.

If you need more information or if you get confused, go ahead and ask the person who referred you to the program for help. In this way not only will you get an idea of how the program is structured but you would also be testing your referrer to see if he/she will respond promptly to your need for help.

But first, you have to have an idea of how the program works.

Rule #6 : Check out the compensation plan

Ok, so you’ve joined a program which, hopefully, is going to
make you rich. Do you know how this is going to happen?

It’s not necessary that you know every detail about the
compensation plan from the first day that you join. But still,
wouldn’t you like to know if you’re getting 5% or 60%
commission on an average sale?

After all, it takes the same amount of effort to generate a sale. Wouldn’t you like to be paid more?

Rule #7: Do not spend much at the beginning

A legitimate work at home business should be able to operate
at a minimum/low cost. You should not have to invest a lot of
money in any home business. At least not in the beginning.

When you do decide to invest some money into your own home
business, this should be your own decision, not someone else’s
and must arise from your understanding that a business is what
you make it.

There are more rules that I can add to these and make a
really long list but this is not my goal. My goal is to provide a clear path, a few steps that should be easy to follow through the minefield of schemes and “get-rich-quick” deals to a company you can really trust.

Using your own common sense is as important as having these
rules in mind when looking for an opportunity or a work at home
business.

Your decision to join a program should be the result of
considering facts and should not in any case come from mere
curiosity. Keep in mind that there are very few true work at
home opportunities out there and you have to find the one that’s perfect for you!

Is A Free Home Based Business Opportunity Really Free?

Is it really a free home based business opportunity? Can I make money without paying anything at all? – Those are about the most often repeated queries put forward by people who are hoping to find a way to make money at home online. People who see an advertisement for a free home based business opportunity want to be reassured that “free” means it will never cost them a penny to run their home based business and that they can easily make money at home online without investing anything. I’m amazed they could even start to believe such a thing could be possible.

When people ask me the “is it really free?” type of question, I give them an honest answer. The answer to both question is usually “yes, but…” and they tend to be disappointed and feel that they’ve been tricked and that the advertisers lied when they offered a free home based business opportunity. It is true that fortunes can be made from a free home based business on the Internet and it can be easy to make money at home online but that is not the whole answer.

I am completely anti-hype but I don’t think all Internet advertising is as misleading as people often claim. If you consider the average Internet advertisement, its wording is no worse than the standard “up to 50% off” claims we take for granted in offline advertising. We know that only a selected few items will actually be reduced by 50% and we don’t feel at all cheated if we find a bargain with just 20% off its usual price. The thing is, people see things differently when they are searching the Internet for ways to make money at home online, their expectations are far higher, they are more willing to believe improbable claims and their disappointment is, therefore, quick and keenly felt..

If you tried to tell the same people that they could make money at home with an offline business without incurring any costs, they would laugh you out of the auditorium. However, the Internet is a strange environment and people need to get acclimatised before they can recognise a legitimate way to make money at home online and to understand what is “free” in the context of a free home based business opportunity. After just a small amount of experience, people will realise that the free home based business opportunity is going to cost them money one way or another if they want to see profits accumulating at any significant rate. The ones who persevere also eventually realise that the cost of running a free home based business online is far less than the cost of running an offline business.

Let’s think seriously about starting a business. First, how about an offline business. Suppose you decide you want to open a shop and sell dresses. Before you see any profit at all, you will have to pay out for premises (rent and taxes), services (fuel, water, phone), stock, insurance and advertising. If you are going to continue with your current employment while you build up the new business, you will also need to find staff and add wages to your list of expenses.

Now let’s think about our free home based business opportunity on the Internet. You need to budget for a product (the equivalent of the stock of dresses), a website (the equivalent of the shop premises) and advertising. The list is shorter and now the Internet home based business opportunity is looking like a much better deal by comparison. The products can be obtained either free of charge or for a small price, the cost of a website is small change compared to the cost of premises, this will be a home based business, so you won’t incur any additional service charges or insurance. An Internet home based business can be set up to run 24/7 with just a couple of hours work a day, so you can continue to earn money at your currently employment without having to spend anything on staff wages. That just leaves advertising costs.

Advertising your free home based business is the thing that’s going to take up the biggest part of your budget. If you were opening your first shop on a limited budget, you would not be able to afford large premises in the prime part of the busiest shopping district where you would benefit from passing trade. You would have to be content with a small side street based shop and, to make customers aware of your business, you would have to advertise. In order to get a steady stream of visitors to your shop, you would need to advertise consistently and continuously. You would need to place your advertisements where they can reach your target market and you would need to make sure your advertisements appeal to your prospective customers so that they would be prepared to make the detour from the main street to check out your products.

The Internet works in the same way. Nobody will know about your new free home based business unless you tell them. You can have the best website in the whole word but, if you don’t advertise it, it would be like keeping your shop door locked, the blinds closed and the lights off. No visitors means no potential sales and that inevitably means no profit. You have no advertise, simple as that. There are many free advertising resources available online for your home based business but you need to be selective as, although there are some very good free advertising resources, the results to be obtained from the free companies are not always as good as paid advertising. Another factor to consider is that using the free advertising resources can take up a lot of time and you need to place a value on your time and decide how it can be spent to best effect.

A free home based business opportunity does sound like the ideal thing for the numerous people who are looking for ways to make money at home online but are unwilling or unable to spend any money to do it. Many people leap into the first free home based business opportunity they see advertised and just as quickly give up when they find out they need to invest time and money in order to make money at home online with an Internet based home business. If these people would think things through, they would realise that starting an online home based business is far less costly than starting an offline business and the stage of getting into profit can come very early. Even if a free home based business it is not entirely free to run, being your own boss rather than being someone else’s employee is priceless.

Wal Mart and Tommy Hilfiger: How To Make A Brand Work

The news has been reporting that Tommy Hilfiger is up for sale.

As of this writing, there are various clothing brands and investment groups pondering an acquisition of the Tommy Hilfiger company.

There is no question that Tommy is one of the leading clothing brands in the world.

It has been reported that it is gaining popularity in Europe which should more than offset any slowing of its market share growth in the US market.

What should be an interesting situation is the following.

It has been reported that Wal Mart is interested in making a deal with the future acquirer of Tommy.

Wal Mart would like to carry apparel and other accessories from Tommy Hilfiger.

But the dilemma for a buyer of Tommy would be the consequence of having their brand sold by a national discount retailer.

Would the brand lose its cache as a top brand if customers can buy it at a discount at Wal Mart?

Any sane buyer would stop buying Tommy clothing at department stores if they can buy it at Wal Mart for less.

This would lead to the department stores dropping Tommy Hilfiger clothing from their stock.

Why should Tommy Hilfiger take a chance on selling to Wal Mart when it will lose its department store accounts.

Here is what I would do from a brand management position.

I would restrict any clothing that Wal Mart would carry to entry level lower priced Tommy Hilfiger clothing.

The higher end, let’s say $30 plus clothing, would be exclusively carried by department stores.

My strategy would enable Wal Mart to carry a well known brand and increase its sales.

The department stores wold gain since more customers would be introduced to the brand.
When those customers decide to buy the higher end Tommy clothing they will have to visit a department store.

Tommy Hilfiger would also benefit since it will see an increase of sales from these new customers, plus the sales it will make to Wal Mart.