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White Label Affiliate Business. Understanding The Dynamics - Business - Nairaland

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White Label Affiliate Business. Understanding The Dynamics by TemiHope(m): 6:38pm On Oct 13, 2013
A lot of people have definitely heard about affiliate business.

A lot of people reading this will definitely have heard that affiliate business is the promotion of a second party product to third parties in exchange for stated commissions.

However i don't think majority of Nigerians know anything about White label business?

In this series, i will be sharing all i know about White Label Affiliate Business.

Other recommendations are actually needed from learned experts who may have one experience about white label affiliate business to share with us.

Please let us stay on topic and avoid unnecessary derailing of topic.

Thanks
Re: White Label Affiliate Business. Understanding The Dynamics by TemiHope(m): 6:44pm On Oct 13, 2013
What Is White Label Affiliate Business?

White Label Affiliate Business is the promotion of a second party, company or other ventures products to third parties using a system called white label.

Under the white label affiliate program, you are going to be promoting/selling the products under your own brand even though you are not going to be involved in any selling in actual terms other than the marketing you are doing.

Stay tuned
Re: White Label Affiliate Business. Understanding The Dynamics by TemiHope(m): 6:45pm On Oct 13, 2013
what Are the advantages of White Label Affiliate Business Over Affiliate Business?
One is the fact that white label affiliate gives you a brand to associate with unlike the normal affiliate business which only allows you to promote the products and brands of other companies.

By engaging in white label affiliate business, you are actively promoting your own product and brand even though you are not actively engaged in the actual product creation and delivery system except the marketing.

The chances of you retaining your customers under white label affiliate business is much more higher than selling under a second party brand. You will also be to get your own domain being even promoted by affiliates you may even wish to have under your own brand.

How will i start White Label Affiliate Business?
Re: White Label Affiliate Business. Understanding The Dynamics by TemiHope(m): 6:49pm On Oct 13, 2013
Starting White label business is not as difficult as understanding it
You will have to first understand in details how it is going to be done
Re: White Label Affiliate Business. Understanding The Dynamics by TemiHope(m): 7:00pm On Oct 13, 2013
Processes of White Label Affiliate Business.

1. Identifying The Niche .

You will first of all i need to identify the niche you want to promote which must be based on either your passion, interest and marketing skills.

For example, you can decide to promote products in the forex industry if you are an expert in the forex trading niche.

You may also decide to promote Website hosting if you are a web designer or developer

It is a very good thing if you can be an expert on technical issues related to the product you are promoting.
Re: White Label Affiliate Business. Understanding The Dynamics by TemiHope(m): 7:18pm On Oct 13, 2013
2. Identifying the Target Product and company to promote.
After identifying the niche you are really interested in promoting, the next thing is to identify the company or product you want to promote.
There are many criteria you must use before deciding to promote the product of a company.

Number one criteria is the Ability of the Product you are promoting to actually satisfy the needs of your intended customers or clients.
You must be so sure of the product you are marketing or else it will not be a long time before you are send out of the market by competent competitors.

To ascertain whether the product you are about to promote is customer oriented, please do a whole lot of research on the internet by going to niche forums, read articles about the products, read reviews, ask questions about the product from previous users and ensure you have at least 99% good feedback before going ahead with the white label affiliate business.

Number Two criteria is the Company Behind the Product itself.
You must be so sure of the ability of the company you are about associating with in regards to Customer satisfaction, affiliate commissions payment and therefore ensure they have a 100% good record on timely affiliate commissions payment to affiliates.
You will never like to have payments for your hard work being delayed by a rogue company.
Re: White Label Affiliate Business. Understanding The Dynamics by TemiHope(m): 7:38pm On Oct 13, 2013
Third Criteria is the Residual of the Commission
If you ever decide to promote a product, make sure it is a product that is going to be paying you for lifetime on a customer.
That is you must be able to earn money on all present and future purchases of the client of buyers you will be bringing inboard.

There are so many affiliate business which will only pay you only once for a customer you worked very hard to bring inboard while they continue to earn for the future purchases of the customer even though it was your effort that brings the client online.

You must ensure the white label affiliate program is residual based.
They must be able to pay you for every single purchase your customers will be buying online.

Examples of Highly efficient and good paying white label affiliate business is the Phone cards white label affiliate business like temihope.com
Re: White Label Affiliate Business. Understanding The Dynamics by TemiHope(m): 7:42pm On Oct 13, 2013
More to come later

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