There are some myths in affiliate marketing, which attract a lot of people to it believing they are true. First is they think managing an online business is easy and second, they think that one can make a fortune through online marketing in an instant and I am here to tell you those just are not true. Probably not even 10% of those who are into affiliate marketing became rich overnight. There may be some who fortunately achieved overwhelming success in just a short span of time after setting up an affiliate program, but not the majority of them can say they only had luck.At http://amihomebiz.com we will show you the most honest and quickest way to become an affiliate marketer.
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Find what interest you the most
1. Find What Interests You The Most
It’s easier to sell a product if you are passionate about it. When it comes to this industry, you can find a
program that matches exactly what you enjoy to read, write and talk about. Despite this, the program
must stack up financially. If you find a product you like but if the margins are not good, how are you
going to make money from a program like that? Most affiliate programs revolve around the sale of
small ticket products. But the problem with this approach is that it will take many many sales to make a
living. For instance if an affiliate product offers a commission of say $30 per sale, to make $10,000 a
month you will need more than 300 new customers a month. A virtually impossible task.
On the other hand if you select a program which also includes some big ticket products in their
portfolio, then the likelihood of making it a profitable endeavor increases expectation for the long haul.
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In order to find success as an affiliate marketer, you should be in it for the long haul. Commit to the
business because it will take time and effort to learn the nuts and bolts. The first few weeks may not
compensate you for your efforts. But hang in there. All of this is a learning process. If you keep at it,
you’ll eventually see the silver lining.
*Pick the Right Product Category
Choosing the right affiliate program is just the start. Once you’ve chosen, it’s time to pick between
product types. There are the one-time payment products with higher commissions and the residual
products with smaller monthly commissions.
Either way, you get paid for your promotional efforts.
But going back to the second tip, if you’re in this for its long term earning potential then you should
know that residual products are the better option.
One of the most vibrant and profitable product niches is information products. It is a fact that people
will pay a premium for info products providing they have been packaged and marketed properly.
*Check For Potent Sales Funnels
When evaluating affiliate programs it is important that the company has an effective high converting
sales funnel. Many funnels do not convert well and this of course will impact adversely on your ability
to make money. Look for effective squeeze pages and sales pages which include one time offers and
bonuses for prospects who buy quickly.
But more than this. There should be attractive up sell products that convert well. Of course you need to
ensure that you will participate in any higher value sales that flow from the sales process. Beware:
some affiliate companies will pay you a high percentage margin for the initial sale but freeze you out of
all subsequent sales. These programs are essentially paying you a fee to build their list, not yours.
*Look for Good Support
Another important element to look for when choosing an affiliate program is support. As an affiliate,
you should expect appropriate support whenever needed.
One way to check on the program’s support system is to ask current affiliates. Better yet, ask the owner
directly. If the owner is able to answer questions readily and provide materials, that’s usually a good
sign. Some owners even go the extra mile providing tips and suggestions for their affiliates for greater
chances of success.
*Prioritize Quality
Just like with any business, quality can make or break your venture. At the end of the day, it’s all about
you believing in what you are promoting and selling. Poor quality products are hard to sell and even
harder to believe in. It makes perfect sense to opt for a product that doesn’t promise the moon but has a
reliable track record.
Look beyond the hype and too good to be true promises. Always prioritize quality over quantity. Good
quality products are always a safe bet regardless of the industry you’re in.
2. If you’re ready to become an affiliate marketer, buckle up and enjoy the ride. It’s going to be bumpy at
times but the rewards are worth it if you keep going. Remember, if others have done it, so can you!
*Building Your List or Theirs?
Most affiliate programs work on the basis that you promote for the company by driving people to
THEIR sales pages. In other words you are building their list, not yours. This is a disaster for affiliate
marketers – all you’re doing is getting some short term money, but denying yourself the ability to
create a real asset in the medium to long term – your own list.