What would you do if
your affiliate earnings suddenly dropped from $50,000
per month to $2,000 per month; or from $2,000 per month
to absolutely no income at all?
would you pay your super-sized mortgage and auto loans?
Never mind trivial items
like shelter and transportation
– who's going to pay the groceries? Your mother-in-law?
Forget it. She always knew you should get a 'real job'
and now she's going to lord it all over you.
Don't think that such
catastrophes can't or don't happen.
can and they do.
Merchants go belly-up
and the commission checks stop arriving.
Products become obsolete or illegal, and entire markets
disappear. (Remember BETA video cassette players? They
didn't even make good boat anchors.)
example, let's consider the implications of the
following news release from the DEA (Drug Enforcement
Administration) in the United States, "DEA
Unveils International Toll-Free Hotline to Report
Illegal Prescription Drug Sales and Rogue Pharmacies
Operating on the Internet".
Read the full press release.
issue here are doctors who prescribe drugs without
seeing patients in person. It's a downright
and the medical questionnaires on pharmaceutical web
sites don't begin to solve the problem.
result, doctors and online pharmacies in several states
had fines levied against them, and some pharmacies have
had their licenses lost or revoked.
but how does that affect you as
Well, here's a post I found on the
RXAffiliateForum with the subject
line "My Conversation with the
spoke with the Special agent in charge for the
southeastern region for INTERNET pharmacies. I was told
in no uncertain terms it is
illegal to dispense medications without a doctor/patient
relationship. The FBI, DEA and other
regulatory and enforcement agencies are investigating
all websites that operate in this fashion."
addition there is no distinction between websites (read
'affiliate websites'), Ops (Online pharmacies) and
pharmacies. Just a heads up."
'heads up', indeed!
another post that I found at the same forum.
taken HUGE losses in the OP (Online Pharmacy) industry.
ABC Merchant Site (name changed)
owes me over $15,000! And XYZ Merchant
Site (name changed) owes me over $5000! …There are
people who have lost 2, 3, 4... even 5 times the amount
that I have! And I've lost over $20,000! If you read
through old posts on this forum, you will find TONS of
people in the same boat. Some people have even taken
legal action... but very few
have got any money."
those online pharmacies pay their fines, there probably
isn't much left to cover their affiliates' commission
According to Richard A. Chapo, Esq. of
AdultInternetLaw.com, "it is
clear that affiliates of online pharmacies can be
prosecuted in states such as Nevada".
Chapo encourages webmasters of online pharmacies to "review
the programs they are promoting to make sure that they
are not in conflict with the Controlled Substance Acts
of various states, such as Nevada. There is little doubt
that the industry will see many more prosecutions in
this area of the online industry."
huh? Yes, but the point is not to scare you away from
point is that there are potential 'problems' with any
business arena you may want to enter. You simply need to
be both cautious and aware.
what's the prescription for protecting yourself from
sudden earnings collapse?
just like you can't expect to stay healthy or thrive on
a steady diet of cake, neither
should you hope to maintain or grow an affiliate
business with a single type of product.
are thousands of merchants with affiliate programs, and
tens of thousands of products in different markets from
which to choose, so start choosing.
Expand and diversify
your product range and build a solid and healthy
other words, hedge your bets
- and no, that doesn't necessarily mean that you should
promote online casinos.
Article by Rosalind Gardner, author of the best-selling
Affiliate Handbook: How I Made $436,797 in One Year
Selling Other People's Stuff Online".
To learn how you too can succeed in Internet and
affiliate marketing, please visit
© Copyright Rosalind Gardner, All Rights Reserved