Many people who already have a day job are still in search of how to earn extra income because what most employees earn as monthly salary is not enough to pay all of their bills. And taking on a second job may not be an option because working two jobs can be detrimental to your health and your family.
So, what is the simplest way to earn extra money from multiple sources without disrupting your day job?
The best way is to participate in a referral business opportunity, which is often called affiliate business opportunity.
A referral business (or affiliate business) opportunity is a business opportunity whereby you get paid a commission whenever you refer a paying customer to the merchant who owns the business selling the products or services you're interested in promoting.
In practical terms, how to earn extra income from referral business involves the following steps:
1. Search for a product or service you love and that you will be comfortable telling people about
2. Find a manufacturer, service provider or distributor of that product who is willing to pay you a commission when you refer customers who buy from him or her
3. Reach an agreement with the manufacturer or seller of the product on what percentage of the product sale price you will be paid as commission when you refer a paying customer
4. Take time to learn everything you can about the features and benefits of the product
5. Start telling people you know about the product and its benefits
6. Promote the products in Facebook, Twitter, Instagram, Snapchat, Whatsapp and other social media platforms to get people interested in the product and get them to buy
7. Refer potential customers to the company (or individual) selling the product so they can buy directly from them
8. Notify the seller that you have sent him or her a potential customer and the name and phone number of the potential customer
9. Keep a record of potential customers you send to the seller and follow up with them to ensure they buy
10. Collect your commission and spend it wisely
There you have it. The 10 steps showing how to earn extra money from referral or affiliate business opportunity.
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There are hundreds of referral business opportunities out there.
So, you may wonder, "Which affiliate business opportunity should I participate in?"
Here are two quick examples.
First is the portacabin affiliate program offered by Erimama Investment Company Limited, the owners of this retirement planning web site.
Erimama Investment Company Limited manufactures transportable cabins and all kinds of steel structures that are used as office and residential accommodation.
The company invites members of the general public who seek how to earn extra money to participate in its independent marketers program.
When you refer a potential customer to the company and the person buys from the company, the company will pay you 5 percent of the sale price as commission.
Visit . . .
. . . to learn about the portacabin affiliate program.
NOTE: Copy the link above, paste it in a new browser window and click ENTER on your keyboard to visit the page.
The second referral business I will introduce to you here is the real estate referral business.
How does it work?
It is pretty simple.
Erimama Investment Company Limited, owners of this retirement planning guide, partners with real estate companies in Nigeria to offer properties for sale to customers interested in investing in Nigeria real estate.
You can become a partner real estate marketing consultant with Erimama Investment Company Limited and earn commission every time you refer a customer who buys property from any of the real estate companies with partner with.
What size of commission can you expect to get when you refer a customer who buys property from our network of real estate companies?
You stand to earn as much as 10 to 15 percent of the sale price as commission.
Interested in how to earn extra income from real estate referral business without disrupting your day job?
Fill the simple form below to download the free ebook that explains how this affiliate business opportunity works.
P.S: In addition to the free real estate consultant ebook, you will also get FREE access to our premium 7-day Retirement E-course, "Rethink Retirement - 7 Tips To Escape The Rat Race And Retire Happy"
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