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23 June 2009

4 Steps to Affiliate Success

By Peter Phillips

Being an affiliate is just the same thing as a person paying finder's-fees for bringing in new customers to a business, and the finder gets paid a commission on any sale which eventuates from the leads he brings.

For the business owner, the obvious advantage is that he does not have a regular salary bill to pay for his agents, and that any payment he does have to make comes out of money he has already made from the sale. In this way he can have as many affiliates as he wants. In the internet marketing business this is usually the case – a product owner will usually have hundreds, if not thousands of affiliates to sell his product as he knows that only a very small proportion of those affiliates will ever make any sales. People will become an affiliate because it is free to do so, and they hope that in some way they will make some money, but this is rarely the case.

Most affiliates just put a link on their site and hope that a visitor clicks on it and subsequently buys the product. If this happens, he will receive the prescribed commission for the sale.

Too many people just starting out in affiliate marketing fail to promote the products properly and thus fail to make any money at all.

Four steps to affiliate success:

  1. Do some extensive research and find out all you can about affiliate marketing. What are the best products to sell? What’s hot at the moment? Do you go for high commission on fewer sales or more volume bit lower commission?
  2. Take your time to absorb this new information, put into practice what you have learned and you will have a great advantage over 99% of other affiliates..
  3. Just make sure you use it. Even the very best information is useless if you never use it. Don’t be afraid of making mistakes, and don’t give up at the first hurdle. Remember there are many successful affiliates out there, and what do they know that you don’t? The only difference between you and them is that they have been around a lot longer, and have had time to accumulate a large list of email addresses.
  4. Test, test and test again, it is a never ending story. If you are not having any success, try something different. Change your means of promotion, try article marketing, try Adwords, try classified ads in your local newspaper, post on forums. Keep trying until you find something that works. As long as you have established that people are actually buying the product you are trying to sell from other affiliates there should be no reason why you cannot get your slice of the action.

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