Affiliate Marketing is easy, in fact it is much easier to make money with Affiliate Marketing than any other online business including Network Marketing.
For some that statement will cause Network Marketers to make a fist and scream NOT TRUE. Here’s my reasoning. This is my reasoning, so as you read the next few paragraphs, it’s my opinion. What makes me qualified? I have been in both Network Marketing and Affiliate Marketing. I’ve enjoyed some…not great success in both. After visiting with top people in both, I have come to the conclusion that it is easier to make money with Affiliate Marketing.
Network Marketing
In order to make money with Network Marketing you need to talk to an army of people in order to build your organization to make a sizable income. There are exceptions.
How do you get an army of people? You need to talk to a lot of strangers, then teach those strangers how to talk to a lot of strangers. On average, for every 100 people you talk to you will get 1 business builder. Then you have to train that business builder to talk to 100 to get 1.
Again there are exception. Some will build faster..some slower. The discussion is an Average.
A good friend make a six figure income from his Network Marketing business but it took him over 9 years and a lot of NO’s. He had a lot of “drop-outs” and “quitters.” Today he has 10,000 people in his organization. When you talks to him, he will say, that he would not do it again because of the frustration.
If you take those 9 years, the first 3 were a struggle to break even. The next 3 years he started to make money and the last 3 years is where the money started to come in. Most people in Network Marketing will not last 9 years.
Affiliate Marketing
That same friend has retired from his business and began an Affiliate Marketing business. Again, if you were to talk to him, he will tell you that he started making money after 3 months. He is an affiliate with 4
Work Smart and Avoid Distractions
companies. He has no inventory…he does not talk to people to join his business…he has no recruiting…no rejections…and no training people to sell. His products are on Ebay, Amazon, his Facebook page, Twitter, YouTube and any other social media at his disposal.
He reports to his home office around 9:00 AM and quits around 2:00 PM. He no longer conducts meeting, training sessions, company events…etc.
When someone purchased his affiliate product, the company sends him a commission check.
If he were to start over years ago, he would have become an Affiliate Marketer instead of a Network Marketer.
The Process
The process required to facilitate a working affiliate program is much more simple than many people lead themselves to believe. Using the latest techniques and tools, you can have a top-notch affiliate marketing program up and running quickly without exceeding your budget. The tips in this article will help you launch your affiliate marketing campaign.
Concentrate On Your Affiliate Companies
To make the most of your marketing efforts, concentrate on the affiliate company that generate the most money and the most traffic, and ditch unprofitable ones. Examine each of your affiliate companies on a regular basis to see how they are performing. If you remove affiliates that are not performing up to standards, then you gain room for new advertisers that can bring in more revenue.
Picking only the super hot products to promote may not help your affiliate sales. However don’t ignore hot products. Typically hot products are around for a short time then they tend to loose out to another hot product. While it’s hot you can make money. Just stay on top, if you see sale to fall, reevaluate.
Another approach is to choose harder or unique products or popular products to advertise. A unique or harder to find product can reduce your competition. Popular products can be very stiff competition.
If you require quick access to your money you should opt for an affiliate company that offers a variety of payment options. Some companies require you to meet a threshold before they send you a check, but others deposit into your bank account directly.
Some affiliate companies are better than others. Some of them are distinctly user-unfriendly and hard to navigate. Do not let the quality of your website design determine how well your business is. This enhances the trust between the two parties and promotes more sales.
Try joining a program that supports its affiliates and has resources that they can use to see their products. It is rare to find affiliate companies that are stupid. These companies research what specific marketing tool will surely convert customers. Many top rated companies share data with their affiliates, meaning the affiliates are able to customize programs and increase the attractiveness of their product.
Knowing what is happening with your website in real time is essential. This is because these statistics show you the traffic through your site and the number of sales conversions.
It is essential that you understand your audience if you are aiming to have success with affiliate marketing. Understanding their wants, and needs is a smart marketing move. Determine why they are visiting your website. What are they trying to find?
Post trivia questions on banner ads and give the answer on your web site. Many cannot risk clicking a banner like that. You can offer an incentive to people who had the correct answer.
Internet Marketing
Working in internet marketing isn’t as expensive or complicated as it has been in the past. By using the tips offered in this article, you’ll be able to create a successful internet marketing program and keep your costs down.
To your success
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About Bill Fletcher;
Bill Fletcher is a marketing expert and coach in the use of Social Media Marketing, Network Marketing and Affiliate Marketing. Based in the MidWest, he is the CEO and founder of Planning-4-Success, Master Marketing University and RiteBusiness. Bill’s main focus is helping home based business owners understand trends in marketing.
