Saturday, March 7, 2009

 

Why Most Affiliate Marketers Fail And How To Succeed

Most people who try to build a business with affiliate marketing fail. Only about 10% of all affiliate marketers have success with their business. There is a very good reason for this, however, and if you know the reason, you can avoid it and learn how to achieve success.

The key reason why most affiliate marketers fail is very simple. They give up too easily! It's true. Most affiliate marketers don't make much, if any, money in their first month or two, so they decide to give up. It's not always because they aren't trying. They just don't see the results they want immediately and so they move on.

However, to make good money in any business takes time. You cannot expect to just sign up for something and suddenly start raking in hundreds and hundreds of dollars in a week or so! The one thing every business has in common, whether online or offline, is that it takes time. Offline businesses even often take quite a bit of money as well. With affiliate marketing businesses, you can invest either money or time or a little of both. It doesn't have to be a super expensive venture. However, it almost always takes time to see results.

Now for the key to success. It is true that to succeed in affiliate marketing, you often need to advertise so that you can make sales as well as refer others to the affiliate program and teach them to do the same. However, some of those things are easier said than done. One can advertise all they like, but they may or may not get immediate traffic, more likely not. Again it will take time to build it up though. The real key to being successful with affiliate marketing is motivation and determination. Even if you aren't seeing immediate results, stick with it and don't give up!

One great suggestion I can make to everyone who is starting out, and even those who aren't, is to make a journal of your activities to promote your business. Every single day, try to put at least one marketing method into action. Most of the time a single method can be put into action in less than thirty minutes. Of course if you want your business to expand more rapidly, you will want to put in more than just thirty minutes, but you don't have to. It will just take longer to do. Also, instead of investing heaps of money in methods that may or may not work, invest your time instead, into free or low cost methods of advertising and promotion. I will cover a few ideas for doing this in a later post.

I hope these ideas will help you out and motivate you. If you put your mind to it and stick with it, as well as doing a little something to promote your business every day, you can do it! Just remember to stay motivated! If you have to, make yourself a goal, a reasonable and attainable goal, for which you would like to reach, and then strive for it. If you don't reach it, don't give up! You will learn that even the most well known internet marketers started off spending a lot of time getting their business up and running before finally managing to turn a profit, and it took months or even years to achieve a six digit income. Stay focused and you can make great money from affiliate marketing!

Before I go, I will leave you with one great resource! This site is one I have discussed a little earlier, but one that I encourage everyone to join. They will build you a site which you can use to promote all of your affiliate programs, and they even have several of them that you can join to start generating streams of income. They also have a great 30 day training program and an extremely helpful and active forum! You will need to get a hosting service with Host4Profit, but they do everything else for you and you are then free to customize the site however you like! Host4Profit is also an affiliate program in itself!

The site I am talking about is called Plugin Profits and it is really a great resource! The training discusses both free and paid methods of advertising as well. Check it out!

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