Five Common Mistakes Affiliate Marketers Make


Affiliate Marketing is one of the most effective and powerful ways to earn a living online. Affiliate programs give everybody a chance to make a profit through the internet. Since these affiliate-marketing programs are relatively easy to join, implement and pays a commission on a regular basis, more and more people are now willing to join in this lucrative business.

However, there are also pitfalls in the Affiliate Marketing business. These common mistakes may cost affiliate marketers a large chunk of their profit everyday unless they are avoided or rectified. Here, we will enumerate the five most common mistakes that Affiliate Marketers make. We will also discuss how they can be avoided.

Mistake #1: Choosing the wrong affiliate products

Most people want to earn from affiliate marketing as soon as possible. In their haste to earn much in a short span of time, they tend to choose a bandwagon product; one that they think is a 'hot' item. They will choose a product that is in demand without considering if that product appeals to them. However, this is not a wise move.

Instead of jumping on the bandwagon, you should choose a product in which you are truly interested. For any venture to succeed, you should take the time to plan and map out your actions. Pick a product that appeals to you. Do some research about that product and determine if they are in demand. Choose a product that you will promote passionately.

Mistake #2: Joining too many affiliate programs

Since affiliate-marketing programs are so easy to join, you might find that you have nothing to lose if you join multiple affiliate programs. For many, this may seem a great option as it may provide you with multiple sources of income. However, joining multiple programs and attempting to promote them all at once may prevent you from giving the full attention that each of your programs deserve.

Thus, the maximum potential of your affiliate program will not be realized and the income produced will be disappointing. The best way to get excellent results is by joining one program that pays at least 40% commission. Then, give it your best effort by promoting it enthusiastically. As soon as it is making a reasonable profit then you can now join another program.

Mistake #3: Not buying the product or using the service

As an affiliate, your job is to promote a product or service effectively and convincingly and find customers. For you to effectively promote and recommend any product or service, you must be able to relay to the customers its benefits. One common mistake that affiliate marketers do is failing to try the product and service. Thus, they are not able to promote and recommend the product or service convincingly and fail to create a desire in the customer to buy or avail of the product or service.

Try the product or service personally, before you sign up as an affiliate and see if it delivers what it promises. If you are using the product or service personally then you can credibly promote its advantages and benefits. Your prospects will feel the sincerity in your copy and will likely purchase.

Mistake #4: Signing up for low-paying commissions

Although affiliate marketing is one of the easiest ways to make some profit online, not all affiliate programs pay high commissions. There are programs that can pay as low as 1-2%. You should not short change yourself. Avoid these low paying affiliate programs. Look for an affiliate program that have a 30% or higher commission payouts. Another way to create income in affiliate marketing is looking for programs that give residual payouts.

Mistake #4: Limiting your strategies to Non-viral marketing only

Viral marketing is one of the most effective ways to increase awareness for a product or service. It is very useful in rapidly relaying the message to a large number of people. Most affiliate marketers do not use viral marketing to the detriment of their sales results. If you want to promote a product then you should really make an effort in promoting it. Even though you are only an affiliate promoting the product of another, you should exploit all means to find customers as this will translate to more profit for you too. Use viral marketing to build a larger consumer base and bring in the profit.

Mistake #5: Disposable Customers

As an affiliate, you work hard to find prospects and convince them to purchase or avail of the product or service. However, what happens after that customer purchases the product? Should you dispose of that customer and find a new prospect?

That would be a critical error. The best thing to do is to keep that customer available for you to expose your other offers. Do not throw them away as soon as the make a purchase. Find a way to capture their email addresses so that you can promote you offers to them again. Building a good customer list is one of the effective strategies to increase your profit.

Affiliate marketers make these five common mistakes; and you should do everything to avoid making the same pitfalls. Take the time to analyze your affiliate marketing efforts and see if you are on the right track. With the right strategies and techniques, you can maximize the potential of your affiliate-marketing program and earn higher profit.

This article was authored by Jason Gazaway. This 22 year old, 'regular' college kid was able to quit his 7-4 "job" because of his www.affiliatestudents.com">affiliate marketing business. He now wants to help others and show you how he did it!

For more FREE information, please go to: www.affiliatestudents.com">Affiliate Students


MORE RESOURCES:
iStock photo If the last couple of months has taught us anything, it is that, in the words of the Bard, one swallow doth not a summer make. There have been many days when stocks have opened significantly higher, bringing hope that we have turned the corner, only to plummet again the next day, or even later in

We see the other shoe drop this morning on one of the most important domestic inflation metrics there is the 160 Consumer Price Index CPI the flip side to the Producer Price Index PPI released yesterday before the opening bell The CPI for November was unchanged from the previous month

Twin economic reads from this morning and next are among the highest weighted indicators of U S economic inflation the 160 Producer Price Index PPI 160 released ahead of today s opening bell and tomorrow s Consumer Price Index CPI Both sets of figures arrive before next week s

Shutterstock photo After over thirty years in and around financial markets, I feel that I have seen most things. I am certainly no stranger to volatility, having spent nearly twenty of those years in interbank forex dealing rooms around the world. Even so, this year feels unusual. The two bouts of chaos in the

By Avi Gilburt, ElliottWaveTrader.net This past week was quite interesting, as well as volatile. On Monday, we had a huge gap up right into the initial resistance region we had on our charts in the 2810-15SPX region. In fact, the futures struck a high of 2813ES, and then turned down. Well, when the trading day

We start a new week of trading waking up to lower market closes across the Pacific with Asian indexes like the Nikkei in Japan 2 and Hong Kong 1 2 This came on the heels of big drops in Chinese imports and exports which fell precipitously from the month of October to November

US Census says manufacturing new orders declined in October. On the other hand, the Federal Reserve says Industrial Production subindex manufacturing improved in October - but the year-over-year rate of growth slowed. Part of the difference between US Census and the Federal Reserve's views on manufacturing:

Fresh economic data in the form of new 160 non farm payroll numbers 160 for November have been released this morning by the Bureau of Labor Statistics BLS and the results have swung pre market futures into the green This is interesting considering the headline number of 155K new jobs

If you have a set of specific set of skills, look no further than the Midwest for your next job. With lower unemployment and higher job-opening rates that the rest of the country, the Midwest now finds itself in a situation in which it significantly lacks skilled workers. Although the economy in nine Midwestern and

Over the last few days, there has been some talk about an ominous sounding technical chart pattern that has looked imminent for a while, and if the S&P 500 closes anywhere close to the levels indicated by futures this morning, will be achieved today. This thing is known as a “death cross,” which, admittedly, sounds

New private sector 160 ADP 160 ADP 160 payroll numbers 160 for November have come out this morning one day before non farm payroll results from the BLS government survey will be released and for the first time in recent memory these figures have come up a bit short of

The oil market is understandably in a state of suspense this week, eagerly fixated on the events unfolding in Vienna. But regardless of what happens, the market is in for a potentially rough ride as we head into 2019, with a series of economic headwinds threatening demand. The S&P 500 is set to peak, corporate

By Avi Gilburt, ElliottWaveTrader.net Recently, one of my members of  Elliottwavetrader  was in attendance at the 32 nd  Economic Outlook Symposium hosted by the Federal Reserve Bank of Chicago. On the first day, he sat in a room with 150 economists. When asked how many see a recession in 2019, all of two hands

Shutterstock photo So you think you're having good times With the boy that you just met Kicking sand from beach to beach Your clothes are soaking wet But if you look around and see A shadow on the run (on the run) Don't be too upset because it's just a paper sun - Traffic, Paper Sun Paper Sun was the

As Wall Street keeps its doors closed today in remembrance of George H W Bush the U S s 41st president and father of George W Bush the 43rd Tributes abound as market activity ceases for the day including a planned speech by Fed Chair Jerome Powell this afternoon which has been cancelled

Alopa.com ©