The Future of eCommerce is Bright
The Online World is Daunting At First ...
When we started our online business we didn’t know what we didn’t know. That was a good thing. We jumped in anyway! Understanding terms like e-commerce and affiliate marketing and the potential this online industry has for all of us was key for moving forward.
What is eCommerce?
Amazon is the best example of eCommerce. It's the exchange of products and services online, made possible with the internet. Unlike store fronts and traditional ways of doing business, there are no geographic or time barriers with eCommerce.
An Unexpected Story: The First "Electronic" Commerce
In 1886, a telegraph operator managed to obtain a shipment of watches that had been refused by the local jeweller. Using the telegraph, he sold all the watches to fellow operators and railroad employees and then ordered more.
Ability to See What Others Don't
Within a short time, he made enough money to quit his job and start his own catalog mail order business. The young man's name was Richard Sears, who founded Sears, Roebuck and Co. in 1893.
The Future of eCommerce is Bright
eCommerce is growing 23% year over year. Globally eCommerce is projected to top 27 trillion by 2020. These statistics are for the retail sector only.
How Does eCommerce and Affiliate Marketing Fit?
eCommerce is the "umbrella" industry and affiliate marketing is a segment of this industry. Affiliate marketers are people like us who sell other people’s products and earn commission. They don’t create the product or maintain an inventory of the product. Source other people's products or services and earn commission when the product is sold, it's that simple.
Did you know that 50% of the products sold on Amazon are products that Amazon has sourced through affiliate marketers? Amazon leverages good ideas from people like all of us. Products are sold on Amazon's massive platform. People earn commission by selling their products through Amazon. It's win/win!
Affiliate marketing revenue is projected to reach 6.8 billion in the US by 2020
Where Does Six Figure Mentors Fit In?
Six Figure Mentors teaches all of us how to become successful affiliate marketers. Once we learn these skills all of us are able to sell any product or service online. Affiliate marketing is flexible enough to allow people to sell what they're passionate about. It's about learning what it takes to make sales happen.
So the question for you ...
Are you getting on the eCommerce train or will you be left behind? We started our online business as affiliate marketers for Six Figure Mentors. We needed to learn how. We continue to work with the community to become better, every day.
Find What You're Passionate About
We're passionate about education and that’s why we aligned with Six Figure Mentors, our values are aligned. You may be passionate about something else like music, wellness or design. Find other people who are looking for what you're selling and the sky is the limit.
The Internet is Your Oyster
Whatever it is, we see Six Figure Mentors as the foundation to learn how to be successful online and the spring board for leveraging success. We ‘re here to help when you’re ready to take the plunge into the unknown.
Please reach out by responding to this email.
Looking forward to meeting you soon.
Adrienne and Bob