Revealed The Myth of Making Money Through Affiliate Marketing

Many people enter into the affiliate marketing arena with the hopes of making some quick money whilst doing the bare minimum amount work and preparation.

They expect to be making the type of money super affiliates make within five minutes of joining an affiliate program without doing anything other than send out a few ezine ads.

How do I know?

Because I was there, I did exactly the same thing, it was what the affiliate program owner's instructions said to do; sign-up, send some of our pre-made ads out to a few ezines and newsletters and wait for the money to come in. Oh and send them straight to this affiliate link so you'll be credited with the sale.

Ok, yes, I did make a few sales, but only just enough to break even. It wasn't the sort of income they promised, so I thought to myself, 'well there must be other affiliate programs out there that'll make me more money', so I moved on to another one, and guess what, the cycle repeated.

Does this sound familiar to you? It's sometimes referred to as the 30 day average affiliate life span.

When you sign-up for an affiliate program don't they just make it sound so easy?

Well here's the truth it's not easy if you don't know what you're doing! But if you do, you can make the big super affiliate type income that only a small minority of affiliates are making. But it does require, time effort and persistence!

Now ask yourself these three questions,

-Do you have your own website?

-Do you have a newsletter?

-Do you send prospects directly from your advertising to your affiliate webpage?

If you don't have either of the first two you stand very little chance of making big commissions through affiliate programs. Sorry but it's true.

The top selling affiliates all have a few things in common; they all have their own websites and newsletters and they also never send prospects directly from their advertising straight to their affiliate webpage.

It's really important if you are an affiliate marketer to have your own website with the ability to collect e-mail addresses. I'm sure you will have heard that the money is in the list. If you have no list your unlikely to make much money.

If you can offer visitors to your website a free newsletter, ebook or training course, if they sign-up to your list, you should be able to build that list of prospects without too much difficulty. But you have to sell the opt-in as much as you would a product as people are much more wary of handing over their e-mail addresses these days. So make sure you offer something of good value to earn the trust of your prospect and build your credibility.

In the ebook or newsletter you can include or recommend products with which you are affiliated with. So instead of sending the prospect directly to your affiliate webpage, you send them to your website, where you collect the e-mail addresses; this allows you to follow-up and recommend products and related products which you believe they would be interested in.

Therefore you can make multiple sales from one prospect, whereas before you may have made one if you were lucky or simply lost the prospect forever.

Provide good content in your newsletters and ebooks, give honest recommendations on products for your prospects and they are much more likely to trust you and buy from you.

(Feel free to use this article online and in your email newsletters as long as you leave it intact and do not alter it in anyway. The byline and biography must remain in the article.)

Ian Canaway is an affiliate marketer, home business entrepreneur and the owner of http://www.asuccesfullhomebusiness4u.com and also http://ahomebusinessblog4u.blogspot.com. He will show you the simple and proven system he uses to enable 'anyone' to make money online. Check us out now!

In The News:


TechCrunch

Refer.ly Lets Regular Folks Earn Affiliate Revenue For Recommending Products ...
TechCrunch
Will a few dollars in affiliate revenue motivate people enough to use Refer.ly? Don't we just share products with friends and family because we genuinely love to help other people out? Morrill said she doesn't expect Refer.ly users to make a living off ...
Danielle Morrill leaves Twilio to start Y Combinator-backed ReferlyGeekWire

all 2 news articles »

eLong Reports First Quarter 2012 Unaudited Financial Results
MarketWatch (press release)
... online marketing expenses, and increased hotel commission payments to third-party affiliates and distribution partners. Sales and marketing expenses increased to 43% of net revenues in the first quarter of 2012 from 35% in the same quarter of 2011.

and more »

Advertising, affiliate revs lift Scripps: Revenue rose 11% to $535 million
Chicago Tribune
Scripps Networks Interactive, parent of Food Network, HGTV and The Travel Channel, said strong advertising and affiliate revenue boosted profit last quarter despite hefty programming costs. Net profit rose to $115 million from $101 million.
Ad & Affiliate Revenues Boost Scripps ResultsWorld Screen
Scripps Networks 1Q Net Up 14% On Stronger Ad RevenueWall Street Journal
Scripps Networks Interactive reports first quarter financial resultsMarketWatch (press release)
Zacks.com -NASDAQ
all 52 news articles »

NPR Sees Sharp Downturn In Advertising Revenue, Leading To Talk Of Cuts
Huffington Post
My local affiliate has been making its quota for the last four years running. There is a lot of concern from me and others on the mix of ads, sponsors, and reviews on the NPR website.. I sent the NPR Ombudsman, 72 screen grabs documenting how sponsor ...

and more »

Eastern Idaho to Lose Fox Network Affiliate
KPVI News 6
In the case of KFXP, the fees are higher than the advertising revenue the station currently brings in. The local Fox affiliate in Twin Falls, KXTF, is also losing its network affiliation. At this point it's not clear how people in eastern Idaho will be ...
KXTF in Twin Falls will no longer broadcast FOXKTVB
Fox TV Programming to End in Magic ValleyNews Radio 1310 KLIX

all 5 news articles »

STOCKS NEWS THAILAND-Krungsri ups Bumrungrad Hospital target price
Reuters
Bumrungrad posted a 40 percent increase in quarterly profit to 583 million baht thanks to growth in outpatient revenue, an increase in foreign patients and profit sharing from affiliate hospital Bangkok Chain Hospital Pcl. The broker raised its 2012 ...

and more »

KentuckyOne Health parent partners with Conifer Health Solutions to manage revenue
Business First
KentuckyOne Health, which was formed this year by the merger of Louisville-based Jewish Hospital & St. Mary's HealthCare Inc. and Lexington-based Saint Joseph Health System, is an affiliate of Denver-based Catholic Health Initiatives.

and more »

Wall Street Journal

AMC Networks Earnings Call Insights: Affiliate Revenue Growth, Ratings
Wall St. Cheat Sheet
Two questions first on the affiliate revenue growth, 8% in the first quarter, two things there. Number one, it is an acceleration from your full year rate from last year. Does that acceleration represent some – or is that primarily due to some of the ...
AMC Networks 1Q Net Rises 45% On Strong Advertising RevenueWall Street Journal
AMC Reports Higher First-Quarter EarningsBroadcasting & Cable
AMC Networks quarterly profit jumps 45%MarketWatch
Chicago Tribune -paidContent.org -MediaPost Communications
all 44 news articles »

Thai affiliate of AirAsia to raise RM443mil
Malaysia Star
BANGKOK: Asia Aviation Pcl, owner of the Thai affiliate of Malaysia-based budget carrier AirAsia Bhd , has set an IPO price of 3.7 baht (37 sen) a share to raise 4.5 billion baht (RM443mil) in the Thai market this month, sources close to the deal said.

and more »

Refer.ly Lets Regular Folks Earn Affiliate Revenue For Recommending Products ...
Centralia Chronicle
Danielle Morrill's been thinking about this idea for at least three years. I know this because it was almost all she could talk for an hour straight at a dinner party several years ago. An online service is needed to view this article in its entirety.

and more »
Google News


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