The Best Way to Make Money With Affiliate Marketing
Affiliate marketing has been and continues to be sold by many as a miraculous way to get rich fast and easy, and although this business model can actually help you get rich as well as provide you with a somewhat easy way to do it, it is not quite a piece of cake.
You see, affiliate marketing is a business model that, in order to work, needs for some variables to coincide and form a harmonious structure comprised of different ingredients, such as traffic, conversion, reputation and more.
Some will have you believe that the key is traffic, others will tell you that the secret is in social media, while other will say that video marketing or any other particular form of marketing is the one to take you to the moon in terms of profits.
In the end, there is some truth in all of those statements, meaning that all of those variables can actually play a role in the success of your affiliate marketing business, but the fact of the matter is that none of them alone will do the trick.
That is why in order to start building a solid revenue stream from affiliate marketing you must try to clear your mind and begin by putting a stop to the "get every new tool or system that comes out" hoping that this one will be it.
Not because there is no value in buying an article submission or bookmarking software, or a link building service, or a content generation system.
All of these can be good, but if you have yet to get the whole picture and a real understanding of how an affiliate business works and what factors may decisively influence your profitability, you will be wasting your money.
Indeed, as much as many tools and resources can do wonders for your affiliate marketing business, the hard truth is that in order for that to be the case you must first have a business.
So, the most important question I must ask you right now is...
do you? If you even had to think about it for a millisecond then your answer is no, so the best way for you to start making money with affiliate marketing is to reevaluate you business plan, and to do so, the first thing you must look at is: How many of my visitors are turning into buyers? Why do I say this is the most important thing?, well, because targeted traffic is one of the hardest thing to come by (at least for free) so your main concern should be to have a comprehensive plan and a structure in place that enables you to convert the highest number of visitors into paying costumers.
This way, you may have a website that gets only 20 visits per day, but if you get 2 of those visitors to buy what you are promoting you just made $150 in a day (assuming that the affiliate product pays you a $75 commission).
So you might not have a 20,000 visits per month website, but you still make over $4,000 each month.
You see, affiliate marketing is a business model that, in order to work, needs for some variables to coincide and form a harmonious structure comprised of different ingredients, such as traffic, conversion, reputation and more.
Some will have you believe that the key is traffic, others will tell you that the secret is in social media, while other will say that video marketing or any other particular form of marketing is the one to take you to the moon in terms of profits.
In the end, there is some truth in all of those statements, meaning that all of those variables can actually play a role in the success of your affiliate marketing business, but the fact of the matter is that none of them alone will do the trick.
That is why in order to start building a solid revenue stream from affiliate marketing you must try to clear your mind and begin by putting a stop to the "get every new tool or system that comes out" hoping that this one will be it.
Not because there is no value in buying an article submission or bookmarking software, or a link building service, or a content generation system.
All of these can be good, but if you have yet to get the whole picture and a real understanding of how an affiliate business works and what factors may decisively influence your profitability, you will be wasting your money.
Indeed, as much as many tools and resources can do wonders for your affiliate marketing business, the hard truth is that in order for that to be the case you must first have a business.
So, the most important question I must ask you right now is...
do you? If you even had to think about it for a millisecond then your answer is no, so the best way for you to start making money with affiliate marketing is to reevaluate you business plan, and to do so, the first thing you must look at is: How many of my visitors are turning into buyers? Why do I say this is the most important thing?, well, because targeted traffic is one of the hardest thing to come by (at least for free) so your main concern should be to have a comprehensive plan and a structure in place that enables you to convert the highest number of visitors into paying costumers.
This way, you may have a website that gets only 20 visits per day, but if you get 2 of those visitors to buy what you are promoting you just made $150 in a day (assuming that the affiliate product pays you a $75 commission).
So you might not have a 20,000 visits per month website, but you still make over $4,000 each month.
