How does affiliate marketing work?

Unless you have been completely offline in the last couple of years, you must have heard about affiliate marketing. Many of the worlds biggest sites are using affiliate marketing as their primary source of income. But do you know how it works?

First of, what is it exactly?

The most basic explanation is: getting paid, recommending other peoples products or services. 99% of the time it is done online and tracked through tracking systems.

There are parts in an affiliate offer: the advertiser, website, buyer and the affiliate network.

The affiliate is usually the website owner, who is promoting/recommending the products. The webmaster reviews the products that are then sold on the advertisers website.

The advertiser can be any sort of business that is offering anything – from pet supplies to law services.

The affiliate networks is where the rubber meets the road. This is where all the offers are listed and the tracking takes place.

With more competition on the marketing every day, it is absolutely essential to have the right process in place and the best way to do that is to learn from other experience marketers in the business.

We can recommend 2 good sources that you can follow whether you are just starting out or already have any sort of business and just want to scale your business.

Option #1 – No Product No Problem

This is a training course by Matt McWilliams – called no product no problem. If you would like to learn more, make sure you go over to GFKamerica.com and learn more about it.

Option #2 – Profit Engine Course

This is by far, one of the best online training courses on affiliate marketing out there. This one is the brainchild of Mark Ling, who has been in affiliate marketing for over a decade now and has many of his students achieve great success with his training. The review at GFK goes in depth on how to start and gives you all the information if you maybe decide to take part.

So, if you would like to start out, we can give the above options a “thumbs up”, but you can also go online and search for the information yourself if you feel more comfortable. If you are not convinced, you can also check out this article that goes in depth on the growth of this sector in the upcoming years and some predictions.

 
Check out the video below for the best affiliate marketing websites:

Is a dropshipping business still viable?

In 2017 dropshipping has really gotten traction. If you have been following the trends, then you must have heard about the traction of a lot of stores running solely on the dropshipping model with shopify. The biggest problem that was presented was the fact it is quite hard to find reliable suppliers to handle your orders in a timely matter, which is VERY important when doing this business.

There are many options you can take, but finding  reputable drop shipping companies is by far the best technique which will save you  a  lot of headaches in the future.

If you are not familiar with the dropshipping business model, you can check out the video below:

It is basically a affiliate kind of relation ship. You are the middle man, collect the money and then order the product at a cheaper price that you sold it for at your supplier. If you would like to learn more and get familiar with the most popular platform people use for building their online stores, you can also visit shopify.com

Mueller Grand Jury Report Destroys Dollar and Leaves Sterling Struggling

robert-mueller

Mueller Grand Jury Report Destroys Dollar and Leaves Sterling Struggling

After a recent report that U.S. Special Counsel representative Robert Mueller has chosen to impanel a jury for his investigation into Russia’s potential interference in the latest elections, the dollar value has seen significant damage. The possibility that there may have been some collusion within the Trump campaign has sent currency values spiraling, and the dip in the greenback further supported an ongoing experience of weak economic data, which left the Bloomberg index lower by under 0.,1%.

The greenback has now reached its lowest point since the middle of June, thanks to the shaky results of the Mueller update. Importantly, the 10-year Treasury yield also saw a significant fall to its lowest state during the same month.

The Rise and Fall of USD and GBP

Previously, the dollars saw an increase to its highest rate in six months against the British pound, which has also struggled to gain any momentum in recent months. Recently, the pound hit its lowest point since November against the Europe, following the decision to keep policies on hold and reduce growth forecasts for the rest of the year. The sale of British currency spilled over into other currency pairs, which helped to boost the demand for the Swiss franc and Yen.

Currently, GBP/USD is trading at a rate 0.6% lower, at around 1.3142 vs 1.3113 which was seen after the stop-loss sell orders moved below the rate of 1.3150. Ahead of the decision made by the Bank of England, the pound had recently achieved an 11-month high against USD currency after the UK services PMI came out ahead of estimates. Now, the pound is down again, and paced by a loss of more than 1% against yen.

Interestingly, growth in the euro has also subsided after setting fresh highs for the session, gaining significantly despite the pound selling problem. Both the Swiss franc and the yen gained against the Euro and USD as cross trades continued to unwind.

The Latest Updates on the Dollar Value

Following the disappointing results of the ISM composite index (non-manufacturing), the dollar fell, though a Bloomberg survey calls for gains of around 180k for the upcoming jobs report. June data suggested that about 22k non-farm jobs were introduced into the mix.

JPY/USD also fell to a fresh low at around 109.86, dropping beneath the interim low point at 109.95 and falling back on a previous rebound. However, residual bids cushioned the drop to a point of 10.9.90. Resistance should be defined by the peak of 110.98 reported on Wednesday.

The latest reports suggest that the EUR/USD cross is trading at around 1.1874, pushing to a session high at 1.1893, seen when demand for EUR/GBP helped to lift the cross pair at an earlier stage. EUR/GBP traded close to the daily high of 0.9049. Additionally, EUR/USD fell to a low at around 1.1831, before bids underneath 1.1830 began to cushion the drop, according to European traders who asked to remain unidentified.

The ISM index (non-manufacturing) for the United States saw a decline of 53.9 vs estimates for a drop to only 59.6 – which only contributes to the overwhelmingly disappointing tone of the latest economic data.

Plan Ahead For Correct Documents

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AS WE GET closer to the holiday season, many foreign nationals living in the United States will be travelling abroad. For any such foreign nationals, it is important to make sure you have the correct documents in place before starting on your travels. Depending on your situation, this can mean planning ahead and making appointments with Embassy’s or even pre-submitting documents for review.

One of the key things to remember is that a nonimmigrant status and nonimmigrant visa are not the same thing. A visa is a stamp that is put in your passport at a US embassy or consulate abroad that allows you to travel to a port of entry (such as an airport) in the US and request admission. A visa is only for the purpose of entering the US, not for the purpose of staying in the country. Your lawful status is the classification and duration of authorized stay in that classification. Your status in the US is valid up to the expiration date stated on the I-94 so long as you do not do anything to violate your status. I-94’s are now automated and travelers are no longer given paper I-94’s at the time of entry. You can look up your I-94 online with the US Customs and Border Protection.

Because a visa is used for the purpose of seeking admission to the country, it does not have to remain valid while in the US. Once you have entered the US on a visa your I-94 is what determines the duration of your stay in a particular classification. This means that you could have a B visa that is valid for 10 years but it does not mean that you can stay in the US consecutively for 10 years. When you enter the US on the B visa your I-94 will indication how long you can stay in the country.

For example, while already in the US studying in F-1 (student) status, you applied to change your status from F-1to H-1B (specialty occupation worker). At the time your H-1B was approved, you likely received an approval notice which has the new I-94 attached at the bottom indicating the validity period. Having this approved change of status does not meen that you have an H-1B visa; you are in the US in H-1B status and as long as you maintain your status and do not do anything to violate the status, you can remain in H-1B status for the duration of the stay indicated on the I-94. However, the first time you leave the US, you will generally need to go to the US embassy or consulate of your home country to get an H-1B visa before you can re-enter the US. So don’t assume that because your current I-94 is valid for another year, you’ll be able to re-enter the US without a valid visa. With some exceptions you generally get a new I-94 each time you enter the US. Also, do not think that because you were able to leave the US, you will be able to get back in.

The process of getting a visa varies by US embassy or consulate so it is best to check the individual location’s procedures. Generally, you will need to submit a DS-160 form online, pay the visa fee, make an appointment online and then attend the interview. Depending on the type of visa you need, the procedures and required documents will differ. For some types of visas such as an E visa, embassies and consulates require that you pre-submit documents and go through an initial review before you can even make your appointment so it can be a lengthy process. Many embassies and consulates do not accept visa applications from third country nationals. This means that if you are a British national, you may not be able to get your visa in Japan or France, for example; you will need to go to the embassy in the United Kingdom.

Another thing to keep in mind is that many embassies and consulates get busy during the holidays as it is peak travel time so make sure to book your appointment early to be sure that you can get the date within your anticipated travel time. Also remember that after you attend your interview, assuming that all goes well, it will take a few days before you can get your passport with the visa in it back so make sure to allow for extra time after your interview.

Once you are back in the US, go online and look up your new I-94 to be sure of your new period of authorized stay.

If you are a green card holder, although you do not need a visa to re-enter, make sure that you have your green card and that it is still valid during your travel times. If your card will expire while abroad you will need to take steps to ensure that you renew it and otherwise determine that you don’t have any issues returning to the US.

The procedures described above are general procedures and there are many exceptions, so be sure to consult with an attorney to make sure you will be able to re-enter the US as you come back from holiday.

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