Tuesday, January 31, 2006

How to Avoid the 3 Most Common Affiliate Mistakes

Affiliate marketing is one of the most powerful and effective way to earn some money online. This business gives everybody a chance to make a profit through the Internet.

Because affiliate marketing programs are free to join, easy to implement and pays a commission on a regular basis, therefore, more and more people now are willing to get into this business.
However, there no business is perfect, affiliate marketing just like all of other types of businesses; it has lots of pitfalls as well. If the marketers are not careful and committing to some of the most common mistakes, it will cost them a large portion taken from the profit they are making everyday. That is why it is better to avoid them than be regretful in the end.

The following are the 3 most common mistakes that affiliate should avoid to make.

1. Choosing the wrong affiliate.

Many people want to earn big amount of money from affiliate marketing as fast as possible, because their rush, they tend to choose products that the program thinks is “hot”, also can call it a bandwagon product. But in fact, they choose the product that is in demand without actually considering if the product appeals to them. Obviously, this is not a very wise move.

Instead of just jumping on the bandwagon, try to read, study more and choose a product in which you are truly interested in. In order to succeed, you should take some time to plan and figure out your actions.

Pick a product that appeals to you. Then do some research about that product to see if they are in demand. Promoting a product you are more passionate about is easier than promoting one for the sake of the earnings only.

2: Joining too many affiliate programs.

Since affiliate programs are free to join, you might be joining multiples of affiliate programs to try and maximize your earnings. Besides, you may think that there is nothing wrong and nothing to lose by being part of many affiliate programs.

Yes, you are right, that is a great way to have multiple sources of income, or to earn multiple stream income. However, you won’t be able to concentrating on each of them if you joining multiple programs and attempting to promote them all at the same time.

As a result, the maximum potential of your affiliate program is not realized and the income generated will not exactly be as huge as you were thinking initially it would.

Therefore, the best way to get excellent result is by joining just one program, which at least pays a 40% commission. Then give it your best effort and promote it with passion. Once you see it is already making a reasonable profit, and then you may consider joining another affiliate program.
This technique has to do slowly but surely. There is really no need to rush into things, especially with affiliate marketing. With the way things are going, the future is looking real bright and it seems affiliate marketing will be staying for a long time too.

3. Not buying the product or using the service.

As an affiliate, you main purpose is to effectively and convincingly promote a product or service and to find customers. For you to achieve this purpose, you must be able to relay to the customers with certain product and service.

It will difficult for you to do if you have not tried these things out by yourself. Thus, you will fail to promote and recommend them convincingly. You will also fail to create a desire in your customers to avail any of what you are offering.

Before you sign up as an affiliate, try the product or service by yourself first, then to see whether it is really delivering what it promises or not. If you have done so, you will know the advantages and disadvantages of the product or service; you can also write an article about product or service review as living testament. And then your customers will feel your sincerity and have truthfulness in you. This will trigger them to try the product or service out by themselves.

Many affiliate marketers are paying dearly for their actions because makes these mistakes. To avoid falling into the same situation as others, try to follow this above three simple rules. Then you will have an easier life.

Time is the key. Take the time to analyze your marketing strategy and check if you are in the right track. If you done all the work properly, you will be able to maximize your affiliate marketing program and earn higher profits.

Ann Liu, an affiliate marketer and founder of bizbizlink.com, to learn how you too can succeed on Internet and affiliate marketing, go to http://www.bizbizlink.com and sign up our free newsletter.

No comments: