Affiliate Marketing Mistakes
Affiliate marketing is a great way to make money online. It allows the average person with access to a computer to make a substantial second income. However, 95% of people who try affiliate marketing online end up failing. This failure is mainly because the new affiliate marketer reads one or two books on the subject and believes they can just copy everything from the book and make money. Trying to carbon copy information from a book usually ends up costing the affiliate money. Here are a few mistakes that most new affiliate marketers make.
#1) Copying - There are tons of articles and programs out there that promise to make people thousands of dollars just by doing what they do. The problem with that is copying what they're doing might work, the fact that hundreds or even thousands of people are trying to copy the same thing makes competition incredible. The one way to avoid this is to copy their methods, but don't use the same product they are using. Find a different product that is shown to make money but doesn't have as many people trying to push the product the same way.
#2) PPC - Making a profit from PPC advertising is possible, however you have to be careful about what keywords you use to promote a specific product. Those ads that are appearing in the first few pages of Google are spending 2 - 5 dollars PER CLICK and bidding on hundreds of keywords. Those people have enough money to fund the advertising and still make a profit. Those who are starting out in the affiliate marketing business cannot afford such costs. If you choose a few longer, more targeted keywords instead of hundreds of general keywords, you can increase your chances of a purchase and decrease your PPC expenses. For example, if you are promoting a weight loss product, instead of using the keyword "weight loss" use the keyword "effective weight loss system".
#3) Free Traffic - There are more then just paid forms of advertising to attract potential customers. Using social networking sites such as MySpace, Facebook, or personal or public blogs and forums can attract hundreds of potential customers to any product you wish to promote. Other methods include classified ads. You can post classified ads in local newspapers and in classified ad company's online. One effective but lost form of advertising is fliers. Simple fliers in windshields and posted on public bulletin boards can attract many potential customers.
#4) Commitment - The biggest mistake that beginner affiliate marketers make is not staying committed to their goals. They try one or two methods and when those don't work they simply quit. Affiliate marketing is about perseverance. If you make a mistake you should try to learn something from it and not make that mistake again. If you quit after one or two mistakes then you are abandoning an opportunity to life the life you always dreamed of. Thousands of affiliate marketers are making hundreds of thousands in profit a year through affiliate marketing.
#1) Copying - There are tons of articles and programs out there that promise to make people thousands of dollars just by doing what they do. The problem with that is copying what they're doing might work, the fact that hundreds or even thousands of people are trying to copy the same thing makes competition incredible. The one way to avoid this is to copy their methods, but don't use the same product they are using. Find a different product that is shown to make money but doesn't have as many people trying to push the product the same way.
#2) PPC - Making a profit from PPC advertising is possible, however you have to be careful about what keywords you use to promote a specific product. Those ads that are appearing in the first few pages of Google are spending 2 - 5 dollars PER CLICK and bidding on hundreds of keywords. Those people have enough money to fund the advertising and still make a profit. Those who are starting out in the affiliate marketing business cannot afford such costs. If you choose a few longer, more targeted keywords instead of hundreds of general keywords, you can increase your chances of a purchase and decrease your PPC expenses. For example, if you are promoting a weight loss product, instead of using the keyword "weight loss" use the keyword "effective weight loss system".
#3) Free Traffic - There are more then just paid forms of advertising to attract potential customers. Using social networking sites such as MySpace, Facebook, or personal or public blogs and forums can attract hundreds of potential customers to any product you wish to promote. Other methods include classified ads. You can post classified ads in local newspapers and in classified ad company's online. One effective but lost form of advertising is fliers. Simple fliers in windshields and posted on public bulletin boards can attract many potential customers.
#4) Commitment - The biggest mistake that beginner affiliate marketers make is not staying committed to their goals. They try one or two methods and when those don't work they simply quit. Affiliate marketing is about perseverance. If you make a mistake you should try to learn something from it and not make that mistake again. If you quit after one or two mistakes then you are abandoning an opportunity to life the life you always dreamed of. Thousands of affiliate marketers are making hundreds of thousands in profit a year through affiliate marketing.
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