“Affiliate Marketing”. Does that term make you sit up, and your heart
start beating faster? Or are you very skeptical about it? I can
completely understand both reactions.
On the one hand, Affiliate Marketing is without a doubt an exciting
opportunity to make money online. Did you know that in
2006, more than $6.5 BILLION was expected to be paid out in
commissions to Affiliate Marketers and thousands of people make some extra money from Home? That's a big pie - wouldn't you like
a slice?
On the other hand, all those recruitment pitches we endure on the net
have a tendency to make us jaded, right? Every one of them wants to
sell you their particular method of marketing, and typically they
promise that you'll (a) be wealthy overnight, and (b) you really won't
have to do all that much to make it happen.
I want to give you a more balanced and realistic picture. Affiliate
Marketing is not as easy as those unscrupulous sales pitches would
have you believe, but neither should you write it all off as just an
empty bubble.It's a greate opportunity to make extra money from home.It need some effort for making money with affiliate marketing.
Let's start at the beginning:
start beating faster? Or are you very skeptical about it? I can
completely understand both reactions.
On the one hand, Affiliate Marketing is without a doubt an exciting
opportunity to make money online. Did you know that in
2006, more than $6.5 BILLION was expected to be paid out in
commissions to Affiliate Marketers and thousands of people make some extra money from Home? That's a big pie - wouldn't you like
a slice?
On the other hand, all those recruitment pitches we endure on the net
have a tendency to make us jaded, right? Every one of them wants to
sell you their particular method of marketing, and typically they
promise that you'll (a) be wealthy overnight, and (b) you really won't
have to do all that much to make it happen.
I want to give you a more balanced and realistic picture. Affiliate
Marketing is not as easy as those unscrupulous sales pitches would
have you believe, but neither should you write it all off as just an
empty bubble.It's a greate opportunity to make extra money from home.It need some effort for making money with affiliate marketing.
Let's start at the beginning:
WHAT IS AFFILIATE MARKETING?
It's actually a very simple concept. Individuals and companies want to
promote their products without paying out for advertising costs to get
every new customer.So they
offer a commission to anyone who is prepared to drive traffic to them.
Some companies are prepared to pay their Affiliates for every lead
they generate, although there are admittedly fewer and fewer who do
this. The industry standard is now to pay a commission per actual sale.
The commissions vary from 15% through 70% (and even higher) of
the sale price. The average is probably somewhere around 30% to
40% - but you can certainly find many programs that do offer higher
than that.
When you think about it, Affiliate Marketing is a Win-Win-Win
situation:
- The Merchant wins because they ONLY have to pay for actual sales
(no risk of expensive ad campaigns that do not generate enough sales
to be profitable.)
- The Affiliate make money because they have an opportunity to sell products
without outlaying money for inventory, or having to ship product. In
fact, once the referral is made, the Affiliate's work is done. Nothing to
do but But grabe the opportunity to make money from internet
THE CHALLENGES
- If finding and driving traffic wasn't a challenge, the Merchants
wouldn't even need Affiliates. They'd get the traffic for themselves,
and save the commissions. Driving traffic is certainly a skill.
Fortunately, it's a skill that you CAN learn. But you are going to have
to be prepared to do that - dig in and learn your trade.
- To make this a significant income stream, as you go on you will
probably need to develop at least some understanding of html code
(the language that web sites are built from). Now, don't let this put
you off. It may sound daunting, but a lot of today’s tools make it much
easier, and you don't need to know everything at once.
- You need to go into it understanding that it is a very competitive
market. Hundreds of new people every day set out to make it in
Affiliate Marketing. But if you work hard over the long haul, and are
persistent, you will leave the competition behind and start make money online Unfortunately for
many of them, they have bought the lies and exaggerations and
expect everything overnight. In this game the real rewards come to
those who last.
WHAT WILL YOU NEED TO INVEST
Keep in mind that to make money from internet, you MUST treat this as a real
business. Compared to a traditional "brick and mortar" business off the
internet, your overheads are going to be insanely low (almost
negligible). After all, that is surely one of the biggest attractions to
most make money online opportunities.
Nevertheless, there are some costs:
1. Some money for the right tools.
Now, there are a lot of things you CAN invest in, but the essentials are
actually very few. Let me mention the two most important:
FIRSTLY: Web Space. You can actually get started without spending a
penny, but even if you don't get it straight away, you are going to
want to have a web site of your own.
DO NOT make the mistake of falling for someone's offer to "give" you
your own completely pre-built web site stocked with 101 products.
(And for goodness' sake DON'T PAY OUT MONEY FOR ONE OF THOSE.)
With a couple of exceptions, such web sites are pitifully ineffective. NO
web site can come "pre-packaged" with traffic, so you still have to
drive it there, and you'll be working hard to get customers essentially
for someone else.
When you set up your own web site, YOU can choose which products
to promote, and how you want to present them. The good news is
that, as an Affiliate Marketer, your web site does not need to be
elaborate. In fact, that can work against you. Successful Affiliates have
professional looking, effective, but simple sites. A lot of Affiliate sites
are actually just 1 or 2 pages. They are called “mini-sites”.
Web hosting has become very inexpensive. You should be able to set
up for as little as $10 per month (or even less). Don't be daunted
because you don't know how to build a web site. Some web hosts now
provide templates and tools that really do make it possible for ANYONE
to have a site. and start making money online.
SECONDLY: Don't wait too long to invest in a good “autoresponder”.
This is a software program that manages an email list for you.
The thing you will hear most in online business is the saying, "The
money is in the list". Your ongoing success will depend on growing a
customer base. A basic principle of sales is that it's always easier (and
cheaper) to keep an existing customer than to have to go and find a
new one. The sooner you start building your contact database the
better. Autoresponders are the ONLY way to go for this.
Now, for both web sites and autoresponders there ARE solutions out
there that are completely free, and you might be tempted to start out
using these services to minimize your initial outlay. I don’t want to say
that’s wrong - the idea might have some merit. But weigh it very
carefully. Sometimes "free" can end up being very expensive!
For example, if your "freebie" web site is full of ads placed there by the
provider, (a) they are distracting to visitors and (b) they make you
look very unprofessional.
If your "freebie" autoresponder fails, and you lose the list you've spent
weeks (or years) building, you won't think it was such a good deal
after all!
2. An investment of time and persistence.
Be prepared for this very real cost also. You will need to work hard,
especially in the initial stages when you are getting set up. But this is
what you will be paid for later on. "No pain, no gain" is ALWAYS true.
You only EVER reap according to how much you have sown.
And be prepared to hang in there when others give up. That's
ultimately the difference between the winners and the "also rans" in
this game.
3. Some time and money to learn.
You want to avoid two extremes in this. Firstly, if you buy every
eBook, every piece of software, and every tool you read a review of
you'll go broke! But also you'll become so completely confused and
The Golden Key of Success
20
overwhelmed, the information will be a harm instead of a help to your
business. A teaspoon of good advice TAKEN is better than a bucket full
of excellent advice that you're drowning in and can't DO anything with!
The other extreme is to not ever invest in your own growth. Now, it's
true that there's a lot of material out there on the net that costs
nothing - but you usually get what you pay for too! Be prepared to set
a modest budget for learning.
For my part, in this eBook I’m trying to steer you in the direction of a
sensible amount of GREAT.
WHAT IS A "SUPER AFFILIATE"
You'll hear that term thrown around quite often. It's one of those
things that means something different to everyone. However, the
figure that seems to come up repeatedly as a bench mark is around
$10,000 per month. When someone is earning at that level and above,
they will be referred to as being in the ranks of the "Super Affiliates".
Are there many such people? Yes there are! And it is their existence
that keeps fueling the dream for others to rise to that level.
YOU can get there. You must believe in yourself, and be willing to work
hard and long. But PLEASE do not fall for those "overnight" schemes.
(Have I said that enough times yet?)
You'll hear that term thrown around quite often. It's one of those
things that means something different to everyone. However, the
figure that seems to come up repeatedly as a bench mark is around
$10,000 per month. When someone is earning at that level and above,
they will be referred to as being in the ranks of the "Super Affiliates".
Are there many such people? Yes there are! And it is their existence
that keeps fueling the dream for others to rise to that level.
YOU can get there. You must believe in yourself, and be willing to work
hard and long. But PLEASE do not fall for those "overnight" schemes.
(Have I said that enough times yet?)
In the end affiliate marketing is just a great way to make money through internet.if you are really looking to making money online then affiliate marketing is a great way to make extra money from interne.you need just dedication towards your work and yes there is no shortcut to making money online.
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