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Can You Succeed Marketing An Affiliate Based Program?



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Internet Marketing can be an enjoyable and profitable experience, but it can also be very frustrating, time consuming, money draining and anti social.

So why do we keep putting ourselves through all this pain?

Well, I'm sure that for everyone there is a different answer depending on your driving force, but for me it's the thought that one day I'll succeed and make a tidy income. God knows how many 'Get Rich' schemes are out there but experience has taught me that 95% of them are simply schemes for making the owner rich and not the affiliate. On the plus side, they do teach you the pitfalls of Internet Marketing and hopefully move you that little further down the line towards your ultimate goal.

You may think that this article is simply a moan about the chaos which is 'Internet Marketing' but I assure you that's not the case. My aim is to pass on the good and bad of this type of venture and to hope that I can help someone to avoid the many obstacles and reach there goal reasonable unscathed.

Can you make money from a program which doesn't sell a tangible product?

Time and time again you'll see these type of programs - They'll say pay $5 as a one off payment and we'll give you thousands in return. The word that comes to mind is 'Pyramid'. Logic tells you that $5 can never become $1,000 without you sponsoring thousands of people and then they've got to sponsor thousands of people and so on. At some point you run out of people and the system fails. You loose your money but the owner makes a tidy sum. Maybe the answer is to invent your own 'Get Rich' scheme but then, how do these people sleep at night?

Personally, these schemes should be outlawed because all they do is serve to undermine the ethics of Internet Marketing.

So, can you make money from these types of programs - My experience tells me 'No'

Should you avoid them?

Most certainly 'Yes'

What about programs where you pay a monthly fee but again there isn't a product?

These are very much the affiliate based programs and do have some merits. They tend to offer the same, old same old, free resource tools, safe lists to join and a type of ad co-op guaranteeing leads and/or sign-ups. Of course, the tools are usually obsolete in today's market, the safe lists are more geared towards the owner making an advantage by you joining using their affiliate ID and the guaranteed leads are too old to be of any use. I'm sorry for being a cynic but I'm sure there are people out there who are reading this article and nodding there head because they've been there.

On the plus side these programs do have a sustainable growth because of the monthly income and so getting personally sponsored affiliates can recoup your loses over time. The problem however, is that people tend to be reticent to join because of the fees and then become despondent when they struggle to get affiliates for themselves. Most of the programs offer free membership and 'Yes' you will get tens to hundreds of people joining the free program but the ratio from free to paid is very poor.

People enter these programs believing, that by simply joining, they will be given thousands of Dollars for doing zilch! Like I said these programs do have there merits and if you stick in and spend loads of your money on advertising, hours of your time promoting to rotators and safe lists then you may come out the other side breaking even or with a small profit. Don't get me wrong I still have some involvement with these types of programs - Why? - Because I believe the hype that I can be the one success story and come out the other side, a rich man!

What about the programs where you pay a monthly fee and promote a product?

If the product is unique in some way, affordable to the masses, useable and needed and you can get in on the ground floor then you could be onto a winner. In my experience, it's the product which brings in the serious marketer not the affiliate program. Think back to the early days of mobile phones, when they use to be very bulky and expensive and people were saying "They'll never catch on"

However, the marketer with vision saw the mass potential and stuck in. Oh how I wish I'd been in this game then because now I wouldn't be here typing this article, I'd be on a beach somewhere and my secretary would be typing this article. There are other types of product based affiliate programs out there which will also give you a chance for success, but finding it is like crawling through a minefield. Don't simply sign up because it's free membership or the site looks professional, read all the pages and understand the ethics of the owner. Consider the product(s) on offer and think about your target audience. The product(s) should be affordable, useable, sellable, exciting and hopefully unique in its market.

The affiliate program should be affordable and sustainable. Look at the Compensation plan and consider how feasible it will be for you and your potential team, to reach the profit line. Some plans may look impressive but sometimes they dazzle you with big Dollars. Look at the amount of paid sign-ups required together with the percentages paid and compare this to the cost of the program and the cost of advertising needed to reach those required sign-ups. Work out how long it will take you to break even, for instance, if the cost of the program is $20 a month and you spend $20 a month on advertising you may get 1 or 2 sign-ups a month. If the comp plan pays you $5 a sign-up you'll need 8 sign-ups to break even but it may take you 4 to 8 months to get to that point. So it could cost you between $160 and $320 to get there.

Do your sums or you may never really break even?

You should look at the make-up of the down line and how it fits in with the matrix/comp plan. Some down lines have legs, in that you build so far down and then the line splits off and begins again. This usually happens when you reach another level in the comp plan, but the resulting effect can make it hard to progress to the next level. Some have a straight down line so everyone who joins will be in your line. This can be misleading in that you believe that it's your sign-up and you've earned money.

However, it does allow you to assess the popularity of the program and help you decide if you should continue.

Now Image you've come across an affiliate site (Not hard to do with today's Internet) Ask yourself the following questions:-

Does the site look impressive?

Does it make you want to read on?

Does it have a product that excites you?

Could you use the product?

Could you sell the product?

Would you buy the product?

Is the product affordable?

Do I get the product as part of the affiliate program?

Can I afford the monthly payment?

Do they have a worthwhile Compensation Plan?

Do they have a matrix or a straight down line?

How quickly will I break even?

Can I make a profit?

SO CAN YOU SUCCEED BY MARKETING AN AFFILIATE BASED PROGRAM?

Find today's 'Mobile Phone' with an affordable affiliate program, offering you a good compensation plan, workable matrix and responsive down line and the answer is undoubtedly

'YES'

Thanks for reading my article. If you want to subscribe to my newsletter then go to http://www.profitmashine.com/biztipspop.html

About The Author

Ian Bosworth has over 2 years experience in Internet marketing and has put all his ideas and knowhow into his website and newsletter at http://www.profitmashine.com

AliExpress by Alibaba.com


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Why the New York Times, BuzzFeed, and more help you find the best  Vox.com

The past decade has seen a flurry of growth in the product review space, with the launch of publications like Wirecutter, Best Products, New York magazine's the ...


Think The Wirecutter invented affiliate revenue? Meet the mom who's been doing it since 2010 - Nieman Journalism Lab at Harvard
Think The Wirecutter invented affiliate revenue? Meet the mom who's been doing it since 2010  Nieman Journalism Lab at Harvard

Lucie's List has 360000 subscribers and pulls in enough revenue to support a family and a staff in San Francisco.


Marie Claire wants its fashion editors to drive e-commerce revenue - Digiday
Marie Claire wants its fashion editors to drive e-commerce revenue  Digiday

Marie Claire has launched Marie Claire Edit, an aggregator site where readers can shop from retail partners like Selfridges, Gucci, Prada, Net-a-Porter and ...


Magazines Power Shop for E-Commerce Revenue This Holiday Season - Folio: - Folio Magazine
Magazines Power Shop for E-Commerce Revenue This Holiday Season - Folio:  Folio Magazine

Last year's predictable flow of holiday gift guides and affiliate links from major media brands has become a downright tsunami of deal brokering in the weeks ...


Apple Kills App Store Affiliate Program (and Developers Should Worry) - Dice Insights
Apple Kills App Store Affiliate Program (and Developers Should Worry)  Dice Insights

Apple is killing its app store affiliate program, designed to incentivize websites into promoting apps. Now the company says it's better than outside influencers.


Voya Financial Selected as New Service Provider for Baptist Health Care Retirement Savings Program - Business Wire
Voya Financial Selected as New Service Provider for Baptist Health Care Retirement Savings Program  Business Wire

Voya Financial, Inc. (NYSE: VOYA), announced today that its Retirement business has been selected to serve as the new recordkeeper for the Baptist Hea.


CBS says streaming services & Super Bowl helped it achieve record revenues in Q1 - TechCrunch
CBS says streaming services & Super Bowl helped it achieve record revenues in Q1  TechCrunch

CBS credited its direct-to-consumer streaming services in helping it achieve double-digit revenue growth and record quarterly revenues in Q1, along with the ...


Pac-12 Networks: Budget projections show decline in revenue, flat year-over-year payouts to the schools - The Mercury News
Pac-12 Networks: Budget projections show decline in revenue, flat year-over-year payouts to the schools  The Mercury News

The 2019 budget, obtained by the Hotline, shows $127.4 million in total revenue. Payouts to the schools aren't expected to increase year-over-year.


Can A Strong Q4 Help Viacom Turn Around Its Core Business In Fiscal 2019? - Forbes
Can A Strong Q4 Help Viacom Turn Around Its Core Business In Fiscal 2019?  Forbes

Viacom recently announced a stronger-than-expected Q4, as both its earnings per share and revenues came in ahead of market expectations. The company's ...


How Wired's Multiplatform Strategy Is Increasing Engagement and Revenue - Folio: - Folio Magazine
How Wired's Multiplatform Strategy Is Increasing Engagement and Revenue - Folio:  Folio Magazine

To grow beyond its core channels, the Condé Nast brand is leveraging its best asset: *content*.


How to Build a Profitable Business Online by Selling Nothing - Entrepreneur
How to Build a Profitable Business Online by Selling Nothing  Entrepreneur

Learn three simple strategies to help you stack on more revenue without the headaches of fulfillment and customer support.


Top 10 Affiliate Programs to Increase Your Revenue in 2018 - Business 2 Community
Top 10 Affiliate Programs to Increase Your Revenue in 2018  Business 2 Community

If you're either in the business of e-commerce or lead generation and you're not taking advantage of affiliate marketing, you're missing out on one of the best ...


Viacom's Q3 2018 Earnings Demonstrate Turnaround, Evolution Into Global Multi-Platform Entertainment Company - Viacom Corporate
Viacom's Q3 2018 Earnings Demonstrate Turnaround, Evolution Into Global Multi-Platform Entertainment Company  Viacom Corporate

Viacom released its third quarter 2018 financial results today, articulating progress on its turnaround and detailing Viacom's evolution beyond its linear roots and ...


Fox Profit, Revenue Rise in First Quarter Since Spinoff - The Wall Street Journal
Fox Profit, Revenue Rise in First Quarter Since Spinoff  The Wall Street Journal

Fox Corp. said its profit rose in its first quarterly earnings since the company's spinoff from 21st Century Fox, driven by stronger performances in its cable network ...


Fox Boycott Push Faces Tough Reality: Ad Revenue Isn’t Essential - Bloomberg
Fox Boycott Push Faces Tough Reality: Ad Revenue Isn’t Essential  Bloomberg

Activists seeking an advertising boycott at Fox News face a conundrum: The network's main source of revenue comes from cable subscribers, making it harder to ...


Why your ecommerce business needs to start as an affiliate site - The Next Web
Why your ecommerce business needs to start as an affiliate site  The Next Web

There is a lot of risk involved in starting an ecommerce business. For one, most would-be merchants don't know what products will sell well and what products ...


Disney's streaming video business losses swell to $393M - FierceVideo
Disney's streaming video business losses swell to $393M  FierceVideo

Disney's direct-to-consumer and international business – which houses ESPN+, Hulu and the upcoming Disney+ – saw its losses soar to $393 million during the ...


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