So many times I have heard this. So many examples I do remember. People have left the internet business after being disappointed with their so called affiliate programs.
An affiliate program is an excellent way to earn money especially in the beginning. I said beginning because at that time one does not understand the market and is too naďve to bring his own product out in right way.
Affiliate programs fill that gap nicely. You have got a ready-made product and a ready-made webpage too (though you can develop your own and you should be doing that). There is only one aspect left to make that money.
But you need to choose your affiliate program carefully.
An affiliate program should be free to join. You should be cautious of the programs that will charge you upfront to be able to become their affiliates. Sometimes you buy a product and get affiliate status as bonus. That is acceptable. But a good affiliate program should not charge you a membership fee monthly or yearly whatever the case may be.
There are some programs which charge you a monthly fee for becoming a member and you are expected to recruit more for getting a commission. These are not affiliate programs but MLM programs.
Be cautious when you join such programs. They do not offer a good product to sell. The only thing that you have to sell is the membership. Such programs may eat up a lot of your money before you realize their worthlessness. In such programs you sell a membership and your recruit is expected to sell the same in return.
This kind of sale is not only hard to accomplish but also associated with high attrition. That means the rate of members dropping out is very high.
Also you should get a good commission. Check the percentage offered. Good programs offer 50-60% commissions. Though high priced products seem quite lucrative due to apparent volume of money in commission but selling a high priced product may not be that easy task too. It is because the market for those may not be that large. So you need to select your product carefully.
One very important factor that is often ignored is your aptitude for the particular product. Select a product that you can associate your interests with. For example if you like gardening then a product that caters the gardening needs will be easier to sell than a selling a real estate product.
Because in sales first of all you need to be convinced about the usability and benefits of the product before you attempt to sell it. If the product is around the area of your interest you can easily identify the beneficial aspects. Then you will find it easier to convince your potential customers.
Study the market and demand for that product.
If the demand is high the sales are easier. To study the demand go to Overture or Google and look for the search made around the keywords of your product. It will give you a fair idea about the demand.
Plan your market strategies beforehand.
It is better if you make your own website instead of promoting the copy of the original page laced with your link. Having your own website gives you a unique identification and professional look. The other advantage is that you can promote multiple products on the same page rather than promoting different pages separately.
Web hosting is quite cheap now a days and webpage can be easily built in front page.
Try and give your full efforts into promoting what you have got. Affiliate programs are good way to learn the market tactics. Learn and try them best to your abilities.
Stick with the product you have chosen instead of jumping to the new offer of some other product. New products are being released everyday but being new does not mean that it is better and easier to sell.
Analyze regularly. Test regularly and keep working.
Your commission graph would definitely rise.
Wish you success.
Copyright 2005 Arun Pal Singh
Author is a doctor, marketer, and writer. Visit his website http://www.homeforprofits.com to know more about success in online business. To avail his free Income Course, send an e-mail to firstname.lastname@example.org with subject 'subscribe'.
Vital Things To Check At Any Affiliate Program
Affiliate programs are now one of the most popular ways for webmasters with lot of traffic to their sites to earn good money.There are many factors which influence the amount of money earned by an affiliate.
The Logic Behind Niche Content Profits
In researching most successful online businesses, you start to notice a trend emerge. As far as websites go, there are a few giants such as Yahoo and MSN that cover every topic imaginable.
How To Super Charge Your Affiliates
In my article "Affiliate Marketing What Is It And Why Use It?", I stated that only 5% of your affiliates will do 95% of the sales. If you don't follow this guide, you might not even get that.
Affiliate! Discover Why You Are Losing $600 Each and Every Month!
Link bypassing is the number one trap affiliates fall into online. Also known as the "affiliate links theft".
How to Succeed With Any Affiliate Program
In the early days before the internet was born, starting a business was like taking a giant leap into the unknown. Aside from the involved time and money, it also causes lots of worry.
Backend Profit Secrets and Viral Marketing
Once you truly understand the power of backend profits,
you'll explode your marketing results and create an
unstoppable viral machine.The techniques I will reveal to you have often been taught
in many marketing courses and articles.
Affiliate Marketing - Ten Excellent Reasons Why You Should Do It
There are many opportunities to make money working on the Internet. Becoming an affiliate marketer is a great way of having your own online business.
I can't believe it! I open up my mail today, and what do I receive? A statement from one of my affiliates saying that I've earned a pretty good amount of money for the last quarter. Wow! How'd that happen? Since my web site is only a couple of months old, I couldn't believe that I'd already earned that much from this affiliate.
Affiliate Assets -- Discover the 3 Secrets That Will Turn Your Affiliate Link Into a Business
Your affiliate marketing business is just that ? a business. To be successful, you need to treat your business like a business and focus on growth.
Creating an Income Stream with Affiliate Programs
Affiliate programs (also called Referral Programs or
Partnership Programs) are essentially commission-based sales
schemes. You recommend a site to your users and pick up a
percentage of any sales those users generate.
Adsense: How to Make Money With Ads by Google
The chances are that you've seen "Ads by Google" on a variety of websites and perhaps wondered what they were all about. The fact is that you can probably get "Ads by Google" on your own site and if you do, you can look forward to getting paid by Google.
9 Ways to Catapult Your Affiliate Marketing Career
Affiliate marketing involves the promotion of a website by a person known as the affiliate. He is the one who acts as the middleman between the merchant and the customer.
Common Decency......Lets Keep it Alive!
I recently had an experience with one of the affiliate programs I *was* involved with. This experience did not surprise me, but did however, disappoint me.
Capitalizing On The Autosurfing Craze
You've heard about it in recent months, and its popularity seem to grow in leaps and bounds with each passing day.Paid to surf programs have been on the rise and with the monetary promises that have become the stalwart of their systems, more and more people are joining the bandwagon.
How Joint Ventures Can Catapult You to Success
Substantial opportunities for increased sales and profits are missed by not seeking out and implementing joint ventures.Strategic alliances also create value for the customer and save money and build future relationships for the partners.
Safe Surfing in Shark Invested Waters
Paid to surf sites are washing across the Internet like a tidal wave. As powerful waves settle, new sites pop up out of the foam like tiny islands.
A Unique Opportunity For Affiliate Recruiters
If you're a webmaster, web publisher, or web merchant, chances are you have already come across the concept of affiliate marketing.As online joint venture partnerships, affiliate programs allows both content publishers and web merchants to maximize their online profits by working with each other.
What are the Benefits of Affiliate Marketing?
Affiliate marketing is a cooperative effort between merchant and an affiliate's website. It has become popular for Internet sites trying to create some extra income for their site, perhaps changing a hobby to a profitable, self-supporting business.
Tracking Phone Sales Is Important To Your Affiliates
Today the majority of affiliates are looking for compensation when your customers call in their orders by phone. One of the first things they will look for when thinking about joining your affiliate program is to see if you have an order phone number on your site.
Where Affiliate Programs Fail and How It Can Impact Your Success
Recruiting people for your business opportunity or paid program by promoting a referral link is an obsolete concept. The idea of making money through affiliate programs is brilliant and is possible, if done correctly.