|Ðð©'§ Affiliate Revenue Information Library|
Can You Succeed Marketing An Affiliate Based Program?
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
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
Affiliate Programs - How to Pick the Solid Ones
This is very important, because your reputation is on stake here! Joining the wrong affiliate programs will only hurt your online business.
How to Become a Super-Affiliate
Did you begin your affiliate marketing business like this? You surf the internet looking for an internet marketing product you can affiliate with and sell (even though you know nothing about internet marketing), sign up for the program and get your link, and then visit traffic exchanges and safelists, advertising your affiliate site. At the end of the day, week, or month, you wonder why you didn't sell one product.
How to Join Affiliate Programs ? Affiliate Marketing
The first thing you may be wondering before you join an affiliate program is how much is it going to cost you? Well most of them are free to join! Affiliate marketing can be a great way to earn a little bit of extra cash on the side and some people actually make a full-time living from it. And you have some guru's in the affiliate marketing industry that will earn more then the average person in one year compared to their 20 years.
Pros and Cons of Third Party Online Affiliate Networks
Online affiliate marketing has taken the internet by storm and has proven to be a highly effective way of maximizing website revenue. Why limit yourself to selling your own products when you can profit by selling somebody else's too?
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. You benefit from the commission and the site benefits from sales it wouldn't otherwise have made. If you've ever gone to a website and seen links to Amazon, those were affiliate links.
How to Make Money with Affiliate Business Programs
There are thousands of affiliate business programs on the internet today that offer wonderfully lucrative opportunities. The majority of business opportunities require zero overhead and once set up, will generate income with little or no maintenance on your part.
Multiple Income Streams From Niche Markets
Multiple income streams; exciting words, but what does it mean in every-day English?
Affiliates Need To Read Their Newspaper
Millions of people check the news everyday-- in the morning paper, online, and on the nightly news.But far too often affiliates do not find out what has occurred in affiliate marketing that day; this is important because affiliate marketing changes daily.There are many resources for affiliate marketers to learn about the day's happenings. The best way to learn about the changes in affiliate marketing is by visiting forums often.
8 Ways To Increase Your Affiliate Commission
Here are 8 easy ways to boost your affiliate income:
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. For most people, taking on these established publishers head to head is an enormous task beyond their reach. After all, one or two people working from home or in their spare time cannot match the resources (billions of dollars and thousands of employees) of these corporations. At least not in all areas.
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.
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.
Super Affiliate Strategies Part 3
In our previous Super Affiliate Strategies articles, we went over ways to increase your web site's click through ratio. Today we are going to take an entirely different approach, this time we are going to be promoting affiliate programs outside of your web site.
Is There an Affiliate Free Lunch Program?
"Everything worthwhile has a cost... Whenever you think you are getting something for nothing, look again-someone, somewhere, somehow is paying for it. Behind every free lunch there is a hidden cost to be accounted for." Edwin G. Dolan
Generate More Sales in ANY Affiliate Program ? Part One
It is my opinion that the best AFFILIATE PROGRAM ever?is still the AFFILIATE PROGRAM YOU own.
10 Sizzling Tips For Affiliates
1. Create an infopacked mini site. Build your mini site for a specific niche audience and then choose affiliate programs specifically for that niche audience.
How To Boost Your Affiliate Sales With Free Articles
Free Articles continue to be one of the most effectiveways of quickly generating traffic and sales, withoutpaying for advertising.
How to Grow Your Affiliate Marketing Business
Affiliate marketing is a large business in the internet today that involves a partnership between a merchant and one or more affiliates, in which the affiliates advertise or promote the merchant's product and services free of charge until a customer is gained.
Generate More Sales in ANY Affiliate Program ? Part Three
Thinking Outside the square is where we last left off. So to carry on from this topic let me introduce you to M.E. Software.
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.
|Home | Site Map|
|Copyright © 2005-2007 - Ðð©'§ pcMedix Computer Group Help Sites. All Rights Reserved.|