Affiliate marketing can be highly profitable and the best thing about
it is that you don't need a product or advanced shopping cart system to
make money online. Affiliate marketing is all about recommending
someone else's product and receiving the commissions.
While the
concept is simple, people usually make some mistakes that rob them of
affiliate success. Let's see what the most popular mistakes are and how
to avoid them:
1. Lack of solid strategy
Most
people just run from opportunity to opportunity looking for some kind
of magic button that will make them rich in an instance. Sorry, that's
not going to happen. You need to develop a strategy and then focus on
it. Does a word persistence tell you anything? Find a good course,
develop a plan, make sure that it is aimed for long-term results and
then stick to it. I know, it sounds like work. But who said affiliate
marketing isn't work?
2. Not having a website and opt-in list
Your
website is your property. Setting it up is not hard with technology we
have today. Use WordPress. Get your own domain. Stick to one niche, of
course. And then set up an optin form. Website SEO should be an
important part of your strategy. Yes, setting up a website won't
guarantee you 1000s of daily visitors on autopilot. You'll have to work
on that. But imagine having a list that is growing daily and brings you
steady monthly income. It's definitely worth an effort.
3. Promoting everything under the sun
Ok,
don't be shocked. Have you thought of buying the product you're
promoting? You should. Get it, read it, use it. See if it's good. If
it's good - recommend it. You won't have to sell it, just write your own
review and results. If it's bad - get a refund and move on.
Develop
a collection of high-quality golden products. There should be no more
than 5-7. It would be perfect if they would be complimentary and not in
direct competition. Then just promote them on the constant basis on your
website and to your list.
4. Failing to track
How
do you know if you are successful or not if you don't track your
results? Track everything you can. Use Google Analytics for your website
and study your visitors pattern. Track your clicks. Track ads.
Definitely track your affiliate program performance. Based on your
finding you will be able to improve your strategy and get more profit.
5. Failure to invest
Affiliate
marketing is a business. And it requires investment. You need to invest
in domain, hosting, good autoresponder, but most important - invest in
knowledge. Find solid programs and study them. Learn from others. Study
different strategies, combine them, and apply them! Treat it like a
serious business. Only in this case it will bring you serious income. "Enjoy Your Coffee"
Be sure and visit The Corner Market-ing Blog
Michael Stanley
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