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Affiliate Program Mastery: Learn How To Build Internet Capital Goods for Free
As I mention in almost all of my articles, 97% of Internet marketers never make a cent online. I mention this simple fact because it has a lot of power--it has the power to completely discourage people who are not succeeding, and it also has the power to encourage those same people who are failing to learn, so that they can succeed.
In this article, I will teach you exactly what it means to build Internet capital goods--and how it relates to entering that top 3%. When you finish reading this, you will have complete faith that you can succeed and you will understand exactly what it will take to do so.
So what are capital goods? You know that regular businesses purchase capital goods to increase production. You know that industrial businesses operate some of these capital goods to produce goods that they can then resell for profit. You know that capital goods can be land. They can be factories. They can be machinery. They can be people. . .
So how does this relate to marketing your affiliate program? It's quite simple--in order to succeed, you must build a large pile of Internet capital goods and then use them to pull in customers and retain them.
Most affiliates do not understand this concept. They start out with a boilerplate gateway webpage--that everyone else who sells the same product also uses--and then they use that page in conjunction with paid advertisement and hope for success. In almost every single case, they never make more than a couple sales, give up after 3 months at the absolute most, and then move on to the next opportunity.
If you do a simple analysis of successful affiliate program marketers (which, for practical reasons, will be easiest if you do it through websites), you will find that they either a) have purchased Internet capital goods and advertisement with a lot of money or b) have an enormous amount of Internet capital goods. (You can test this yourself by checking the top listings in search engines for any keyword combination).
What does this mean for you? It means that you either a) are already rich and can purchase that land, factory, machinery, and workers immediately (website, product rights, advertisement, etc) or b) you need to start building these Internet capital goods or you are definitely going to fail within 3 months.
So how do you know what is and isn't an Internet capital good? An Internet capital good is an item that, once you build or purchase it, will constantly add or create value for your business. This includes links, content, dynamic scripts, free tools that your targeted audience can use, and mailing lists that you can consistently offer your products to.
If you are not making an effort to build these Internet capital goods, you are the Internet equivalent of real life business that purchases frozen pizzas from the supermarket next door, heats them up in a microwave, and then tries to sell them. On top of that, your store has no napkins or condiments or tables or chairs or pizza boxes. Everyone must sit on and eat off of the floor.
Would you want to purchase pizza there? No, you would get it at the supermarket frozen at a cheaper price, or you would go next door, where they make it and then bake it in an oven, where you could sit down at a table in a chair.
Take the time to understand this point: If you want to succeed, you absolutely must either have money to buy your land, store, table, chairs, and oven--or you must build them yourself.
Fortunately for Internet marketers, you have a huge advantage over regular businesses--you can build all of these Internet capital goods; you do not need to pay for any of them.
You can build every Internet capital good I have mentioned above for no cost at all. And you will if you want to succeed on a limited budget. So setup your links. Make quotas; reach those quotas every week. Build content. Find legally reusable expert articles and add them to your website. Build pages that offer free tools to your customers. Use free advertising methods advertise this page as a useful stand-alone (which happens to be linked to your related website). Setup a free content ezine or marketing list that is related to your website. Register with free directories to get customers.
All of these Internet capital goods will not only draw customers to your business through a multitude of sources, but they will also retain customers that come to your website through free or paid advertisement by giving them the option to get free information or use free products.
As every marketing study has indicated, multiple impressions of a product increase a person's chance of buying it--and multiple contacts with a salesperson increases the conversion rate. By retaining customers you will both increase the impression of your product and expose them to your sale copy, which will dramatically increase your conversion rates.
If you get nothing else out of this article, please remember this fact: the only way to successfully build and expand an Internet business is by building Internet capital goods and staying around until you have enough to constantly draw and retain customers. If you do not have the money to purchase these capital goods, start building them today for free or you will probably be ready to give up in about 3 months.
Copyright 2004 Isaiah Hull
About The Author
Isaiah Hull makes money online teaching other people to build successful Internet businesses: http://www.workathomerightnow.net/pluginprofitsite.html.
Email him personally at mailto:Houolol@aol.com to receive free, personal, step-by-step instructions to build a home business online for an investment of $0 to $300 monthly.
Seven Ways to Set Yourself Apart From Other Affiliate Marketers
Okay so you've read (fill in the blank with internet guru's name here)'s book and decided that affiliate marketing is the way for you to earn some extra money online. I mean after all, all you have to do is plug in your name and run their ads and collect your commission check and ride off into the sunset, right? Not quite. With so many people promoting the exact same program as you, in the exact same ezines or on the exact same websites, you need some ways to distinguish yourself from the rest of the pack of affiliate marketers. Here are seven ways for you to do this.
Content Really is King
It is every affiliate's wish to have unique site content absent of any re-write or editing restrictions, effectively content with an "open license." Many sources do exist for content that can't be changed, but there are very few sources which allow an affiliate to manipulate the article and make it unique and specific to their site(s). However, this trend could be changing in the near future.
Are Affiliate Riches Within Your Grasp? Discover How to Cash in Starting Today
There is some speculation about how much money you can earn online without your own product. Although marketing your own digital product on the Internet can be very lucrative, there is no reason why you and I can't profit mightily using creative methods that offer real value to Internet surfers. Here are five simple ways you can start exploding your online income through affiliate programs starting today.
How I Started My Own Work At Home Internet Business With Very Little Investment!
Have you always wanted to work at home? Have your own business? Didn't think it was possible? No more commuting in traffic (plus gasoline prices right now are ridiculous). No more "business attire" (work in your jammies) and no more Corporate America breathing down your neck. I didn't think it was possible. I had always been a pessimist. Didn't think I could do it. Didn't have the knowledge or skills required.
Will the Online Quiz Make the Old Fashioned Printed Quiz Obsolete?
Q. Can you tell me the benefits of publishing an online quiz versus a printed one?
10 Tips To Help You Create Your Own Money Making Affiliate Program
1. View your affiliate program as a partnership between you and your affiliates, and make it your priority to develop good relationships between you and your affiliate sales force.
Earn Top Dollar With Your Affiliate Monthly Income Stream
Virtually all online marketers have attempted lots of schemes and programs. Most online marketers have dropped a load of bread attempting to get going. But most online entrepreneurs have just quit. In point of fact, merely one in a hundred of internet entrepreneurs ever pull in enough income to retire from a 9 to 5 job.
Why Do Many People Fail in Affiliate Marketing!
Affiliate marketing has been around on the Web for quite sometime now, but there are still a lot of people who doesn't know much or even nothing about it. Most of the people that don't know about affiliate marketing and has just discovered it normally thinks that they can make a quick buck or two. Well that's not the case.
Guaranteed Signups - Scams or FastTrack Growth?
One thing that seems to be cropping up in many online Forums (of which I am a member of a few) in recent months is Guaranteed Signups for various online Affiliate and MLM programs. It would appear from the trends in those discussions; that there is, to some extent, a lot of confussion about definition. A decent number of companies or websites offer this service and a Google search for the term returns over 57,000 hits along with a huge list of PPC Ads. This post is about determining whether Guaranteed Signups are scams or they are a means to FastTrack growth and increasing your earnings from online Affiliate programs. Are they worthless However, the first order of business would be to define or describe what Guaranteed Signups are or are not.
The Easiest Way For Beginners To Make Money Online
There are obviously many ways to make money online, some simple, some quite complicated...
High Paying Lateral Keywords
If you run AdSense on your site you know that some words pay more than others, much more in fact. More than likely you have also learned that terms like "structured settlements" and "mesothelioma" can produce incredibly high PPC revenue, if they show up on your site at all. Unfortunately hundreds of thousands of other webmasters are "on" to this practice judging by the number of sites created regularly to capitalize on the phenomenom. So, where does this leave you? Out in the cold? No, by going after "lateral" keywords and terms you can produce a site that is even more profitable than these other sites. I will show you how you can do just that.
Affiliate Programs : Golden Opportunity or Waste of Time?
Now that the idea of doing business over the internet has been firmly established, many potential internet businessmen are searching for the best way to do business. Usually the choice comes down to whether you want to set up your own business and online store, or sign up for an affiliate program.
How To Build Your Sales
You may have heard of joint venture marketing, It's used frequently by savvy entrepreneurs to increase profits and add loads of prospects to their customer list.
How To Really Make Money With Datafeed Merchants
I am not going to describe what a product feed (or a datafeed) is. There is a lot of information out there about how to use one to build sites. Instead, I want to talk about how you can actually make more sales with datafeed sites.
How Much do YOU Charge Per Hour? Avoid the Question by Setting up Passive Income Streams
If you work with clients, at some point in your career, you've probably been asked, "What's your hourly rate?" or "How much do you charge per hour?"
Why Many Affiliates Fail
The title is ugly, but the statistics don't lie. Only 1% of people that attempt to make worthwhile money from affiliate programs actually succeed. Let's examine some of the big reasons many affiliates fail.
Whats A Niche and Can I Find One Too?
When I came upon that little word -- Niche -- I wondered, "what is this thing called a Niche -- and most importantly, can I find my own niche too?
Choosing the Right Affiliate Program
Requesting information on an affiliate program is an open invitation to receive never ending submissions to your email account. It can be overwhelming to look at. You may feel as if you have been invaded. It can frighten a person into hitting the delete button very quickly. HOW DO YOU SORT THROUGH AND MAKE SENSE OF IT ALL? How do you know which programs really work? Following is a list of things to think about prior to choosing an affiliate program.
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.
12 Tips On Selecting An Affiliate Program
People sign up with affiliate programs everyday, looking to expand their income and make a good living for their efforts. The unfortunate part of all this is that most people will sign up with a company without really knowing what the company is all about. In many cases, the majority of these people who sign up, never see the income they had hopes for. In too many situations they find themselves loosing interest and give up because they are greatly disappointed.
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