5 Sins Of Affiliate Marketing
Just signing up for a new affiliate program and they have great products, free referral websites, training, pre-made ads for you to copy and the best compensation plan on the internet. This is the best affiliate program on the earth! Put a few ads out there and you?re on your way to becoming the next online millionaire. Stop there!!!!! Stop Dreaming!!!
The idea of marketing someone else?s product without face to face high pressure sales method and earn huge commission is mind blowing to almost everyone. Affiliate marketing is one of the fastest-growing niche . It is an excellent way for anyone to start a small business with little investment or no investment at all. Let?s not forgot you don?t have to worry about customer support, no stock inventory, no email reply and no worry about delivery. Yet affiliate marketing failures still vastly outnumber those who have succeeded, every story you hear of someone making $10,000 a month , there are hundreds of untold stories of failed. Reason for failed most likely you can find at list below:
The temptation to subscribe to too many programs
When the going gets tough, its easy to think the grass is greener the other side. The problem about subscribing to too many programs at the same time is that you'll fail to give them the attention and focus they deserve to make you money. I recommend two or three programs at the same time to enable you turn your hard work into cash. Don?t always look for high pay out program instead choose program people want to buy. Do some research before subscribe any affiliate program. You could find some ideas at Clickbank Market Place. Every affiliate program there is ?Stats? table at bottom of their program as shown below.The highest the ?Grav: points? demand for the product is good. Anything less than 100 points you may find hard to sell.
Stats: Future $: $68.54 | Total $/sale: $25.76 | Avg %/sale: 59.0% | %/refd: 86.0% | Grav: 669.87 | Cat: E-business & E-marketing : Blog Marketing
You must remember, since this stats readily available many big guns also wants their share of pie means ?COMPETITION? you have to well prepared yourself.
Never prepared with plan and specific goals
You?ve probably heard the saying, plan your work and work your plan. You need to have a specific plan and clear measurable goals. Many people join affiliate programs with the vague goal of wanting to make a lot of money. How much money? How quickly do you want it? Okay, you have your clear, specific goal. Now how are you going to get there? ?Plan your work!?
Expecting instant results with little effort
Patience is a Virtue like they say. By taking time to learn and apply what they've learn, slow and steady they will get there. If your are dream to be top marketer, you should start with building right mindset.
Not leveraging Social network power
Social networks are huge platform for brand yourself . For a sample, face book is more popular than google now. The most interesting part it is FREE. Most of the Social networks are free. Yeah, there is some of them have ?option to upgrade? but you don?t have to buy them.You doesn?t need to have a huge follower to begin with. Just with a few friends and this friends recommend you to other of their friend your list will grow slowly. Guys! ?Word of mouth marketing? still work well and very effective.
Quitting
You?ve been working your affiliate program for 2, 3, maybe even 4 months now with very little to show for it. You?re getting discouraged and beginning to wonder if this is worth it after all. Pick yourself up, dust yourself off and figure out what it is you need to be doing. Learn more. Bug your sponsor and your upline members until they help you out. Don?t quit. No one ever achieved success by quitting. Neither will you. ? Quitter will never win and a winner will never quit?.
Affiliate marketing can be an absolute goldmine, if you choose right affiliate program which well suit your interest and the product you love. I always promote the product I love to have it myself. I only promote the product satisfy me in term of product quality, support given for the product and payment method.