Tuesday, March 3, 2009

Affordable Affiliates

There is a new program, and anyone who really knows me knows that a new program has to have something very special about it to interest me.

This one has some very special things that make it extremely safe (this is the downfall of new programs) and totally passive. There are degrees of passive and this program is basically a set and forget program.

So, you ask, why is it so very safe. If you will recall I said that the biggest problems that we have to face are the incompetent or inexperienced admin and the risk of getting scammed. In this program we can basically discount both of these issues.

Admin is Chris Bell who is a very well known Ebay power seller with an exceptional record as both an honest and reliable seller and a producer of good profits. He is well acquainted with the items to buy and the prices to pay for them in order to make a good profit when selling.

Since he makes his living from Ebay, he cannot afford to operate a scam since he would be risking losing his right to sell on Ebay. No amount of money he could make from a scam would come close to the amount he would lose if he could no longer sell on Ebay. Ebay is very particular about the performance of their sellers and I personally know of a seller who lost their right to sell by being less than honest with several people.

So the program is as close to risk free as any of us is ever likely to find.

Chris has also proved his ability to make fabulous profits in the past and is likely to continue doing this as long as the economy does not totally crumble (and that nobody can foretell or guarantee against).

How does the program work?

Basically you sign up for an account and fund it with betwen $100 and $500 through either Paypal or Solid Trust Pay (username: aanetwork). Then when items are purchased the computer will select the next members to contribute $10 each toward the purchase of the item. When the item is sold, each member's profit from the program is allocated this way: 10% is paid out to the member's processor account once a month, 10% (plus the $10 seed money) is placed in the members's investment account (in other words this is automatic compounding so that the account is constantly growing), 5% goes to the member's sponsor and 5% goes to a charity of the member's choosing. The rest of the profits go to the program to cover costs.

If the item should not sell or is sold at a loss, the members' contribution toward the purchase of it is refunded to them.

The program is totally passive, with the payment to the member's processor account and the compounding being automatic. Basically, you could fund an account and come back in a year to see how much is in your investment account and it will not have missed you at all, although you will probably have noticed the monthly additions to your processor account.

If you cannot afford to fund your account, you can still get a free account and, if you are willing and able to promote, you can still make the 5% sponsor share of your referrals' profits. Basically you will be trading time and effort (promoting) for money.

As to how much you will make, this is totally dependent on luck and on the economic conditions. Since the computer assigns who gets a share of which item which is bought there is no way to know what purchase you will be funding. Obviously some items will sell at a much higher profit than others and it just becomes luck which determines how much you make. Some members will make 10x or 100x more than others--this month, but may not fare as well the next month. Chris estimates that the range in profits is from 10% to 10,000% per year but the mid range of profits is the most likely.

I like this program from the point of view of being extremely low risk and totally passive if you can fund your account. The funding limits are from $100 to $500. You can never put more than $500 into the program from outside although there is no limit at present to the amount you can grow your account from profits.

http://www.affordableaffiliates.com/v2/opportunity.php?ref=604

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