The author, a university graduate, is a successful businessman and entrepreneur exploring various ways to generate an online income.
Whilst there is no shortage of advice on the internet about how to successfully make money online as an affiliate, some of it is has value and some is pretty much worthless. If only affiliates would follow the basic rules & principles of business they would achieve greater success instead of struggling to make a few measly dollars...
Following are the main reasons why so many affiliates fail to make decent money with affiliate programs.
This is to do with CPA deals & not about leads.
- They spend ages looking for a niche offer. Yes this could be a time wasting & money wasting mistake - to make money with affiliate marketing rather look at verticals that have heavy demand. Once you've identified one you can always select a niche within that vertical. The point here is that it is very difficult to make good money selling stuff for which there doesn't exist sufficient demand.
- They choose the wrong type of product. Products that sell are those that satisfy deep rooted needs of the buyer. Just think of what people really want & what needs they need to satisfy. For instance people are always wanting to make money or look better or feel better...
- They Choose the Wrong Merchant. You need to go with merchants that have a good landing & checkout page with compelling sales copy - not filled with over hyped sales pitch rubbish. Also affiliates need to get their visitors off their pages and on to the merchant's checkout pages as fast as possible.
- They Choose a CPA That is Too Low. Choose suitable products & services that pay at $30-50 per sale. If they aren't paying this much is it because they are keeping the bulk of the yield or is it because the product is sold too cheaply?
What Do Successful Affiliates Do?
Apart from just doing the opposite of the above like finding high demand products that will earn you at least $30 per sale you should also do the following;
- Ensure that people can find & purchase the product easier online than by going to phoning or physically going to the store
- Embark on a PPC campaign to direct site visitors to your landing page or directly to the merchant's sales page
So forget about all the secret niche stuff and start promoting products that people want and in fact buy all the time - just make sure that you start getting a piece of the action - you could be making money promoting stuff that sells with very simple tactics.
Keen to make some extra cash? - then go to the following link to get some easy ways to earn money online here.
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