There will always be a new program starting up online. You will not miss out on making millions of dollars. What you need to do is learn to do online marketing and do it one business at a time. Many times we make mistakes by marketing many programs at once even before we start making any money from one. The end result is frustration and we abandon all other good programs.
Identifying a business/program to market
There are many products/businesses/programs to market online. You need to stop spending randomly and get a grip on your online marketing learning. Knowledge is power only after you understand what you got and put it into action. Find one product, service or program you want to build and follow a few basic rules to keep you on the good side of the law.
- A business is legal only if a product or service is being offered or sold.
- If the webpage looks hyped up or is being marketed as the hot new thing then it may burn out real fast.
- Find a business that has a big name attached to it and has been around for a long time.
- Good affiliate programs allow you to join them for free and don’t ever require that you buy anything yourself to make money.
- If you can find a company that combines both MLM and Affiliate Marketing then you have found a good one.
- If you can find a program that has been around for a few years that is a good sign. It means that people are buying their product/service and the market is already there.
After you are done with your due diligence and researched a few programs pick the best based on the following:-
- Variety of products/services being offered. The more products/services mean more opportunities to market.
- Year in business. (5 years is good enough but 10 or more is better)
- Growth of company e.g how many people signup each day, week, month etc
- How do you make money? (MLM + Affiliate = Good)
- What kind of support do they give?
- How do you feel about it? Choose the best one to build and more importantly on you can learn from. Keep your number 2 and 3 picks for future marketing.
Don’t start marketing other programs until you get to grips with your first one. Whatever product, service or program you choose will dictate what niche market you will be working in. You should do some research in the niche before you choose one. Google the key words and if there are a lot of sites in the search list then you are doing well. Your training is over when you make more money from your online business in one month than you what you spend on it and to market it.
First you need to tell your friends about your new business! This is the hard part. Phone them email them, well send them a real letter in the mail people love to get letters in the mail. Warm marketing like this is important because if you do begin to make money or a lot of money down the road your friends and family will see what they missed out on.
Mistakes to Avoid in Affiliate Marketing
Affiliate marketing offers more opportunities to earn lots of real money on the internet than many other businesses or programs on the web. You probably have heard or read about people succeeding on the internet using affiliate marketing. However, success does not come easy and most of the failure stories you have heard are due to some elementary mistakes that should be avoided.
- Believing you can earn money without doing anything – In any business you can earn money with hard work. There is a lot of work to be put it before the money starts trickling in. You will need to follow the dos and don’t s of affiliate marketing before you can actually start relaxing and seeing your business grow.
- Failure to market the business correctly – Marketing is an integral part of any business and in this case affiliate marketing. You need to find the correct medium to use and the precise forum. Many a times adverts are miss placed and end up being viewed by the wrong audience.
- Failing to make adjustments – From time to time you need to make right adjustments in order that you keep up with new trends in consumer behaviour and affiliate marketing trends. The adjustments should be timely and necessary.
- Failure to protect your links – Affiliate links should be protected from unscrupulous people. Link theft has become very prevalent these days.
- Promoting a wrong affiliate program – The choice of a program to promote is very critical. You need a program that has stood the taste of time and has many different products to market. This will give you a greater opportunity to sell more and hence more commission coming your way.
Remember “standout tall and be counted“.