Saturday, October 25, 2008

How To Avoid The 3 Most Common Affiliate Marketing Mistakes

Growing ever popular affiliate marketing has become the most effective and powerful method of making money online. Especially with today’s economy more and more people are looking for other ways to make money. Since these programs are easy to find and offer commissions on a regular basis, the attraction of working at home running a lucrative business is hard to resist.

However, just like any business, there are lots of ups and downs in the affiliate marketing business. There are a few mistakes that could cost your dearly. I would say its better to learn them the easy way rather than the hard way. Which is why you are reading this right?

1: Choosing the wrong program.

A lot of people want to start making money right away and in their sleep. The “I want it now” mentality leads them to picking a bandwagon product. These products are considered “hot sellers”. The thing is you want to make sure the product or incentive appeals to you, as well is a hot seller. It’s better to believe in what you’re selling.
Before you just go and join any product or service you should take some time and think about what you’re going to do next, set a goal. Find a few products and do some research on the ones that interest you the most. Make sure you are passionate about it. Promoting for what you believe in is easier than promoting just for money.

2: Joining too many programs at once.

Programs are all over the place and easy to join. One might think the more I join the more I make. That is only partially true because even though it is a great way of creating multiple streams of income, you have to stop and think about it like this. In school what is the problem when there are too many students to teachers? The student suffers and can not reach their full potential.
The result is that your program will not reach its full potential and you won’t be making nearly the amount of money you were hoping. I find there is more success in joining a program that pays at least 30% commissions. Then do all you can and know of to promote it. Try and learn more about marketing…like you are right now. If a day goes by that you didn’t learn something new you’re doing something wrong.
It is better to find one program and work it to its full potential. At that point I would consider starting another project. Once the first one seems to be on auto pilot and only needs a little work to keep it up to its fullest potential is it a good idea to make more work for your self.
Taking baby steps is the key here, slowly but surely. You don’t have to run through the process like a bull in a china shop. The rate affiliate marketing is growing there is no real need to rush. The future is looking very bright for affiliate marketing it is obvious that it will be around a long time.

3: Not test-driving the product or service.
Being an affiliate means your job is to effectively and above all else convincingly promote a product and service to potential customers and affiliates. In order for you to achieve this you have to really believe in what you’re selling. People are amazing at reading you and can tell if you truly believe in what you are selling. The fact is that if you are passionate about what you’re offering, your desire will become their desire.
I suggest trying the product or service offered before jumping right in to marketing it. See if you really believe in what is being sold. When you have done so, then you send a psychological message that there is credibility to what is being offered. Your customers will see this and feel safe and trust you and this will trigger them to try what you are offering.
Many marketers start off making these 3 mistakes and give up a few moths later thinking it is impossible to be an affiliate. All it takes is to do a bit of research such as you are now and learn what is working and what isn’t. Learn the mistakes without making them.
The number 1 thing I want you to take from this is that by taking your time, planning out your actions and mapping out your path to success, you will be able to reach your full potential and earn higher profits.

About the author: Nickolas Poce, a husband and father of two, currently drives tow truck for a living. He has recently started The Deliverance Project http://www.deliveranceproject.org to help charities across the globe, Nicks Free E-course "Make money by saving the world" is jam packed with tips and techniques for the entrepreneur in you. Subscribe for FREE by sending a blank email to: mailto:nickolaspoce@deliveranceproject.org

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