Tag Archive | "Newcomers"

Common Mistakes in Affiliate Marketing

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Common Mistakes in Affiliate Marketing


If you’re new to affiliate marketing, you should know that there are some mistakes made by many newcomers to this industry that you should avoid if you want to build a business that is profitable both in the short term and in the long term. Here are some of the most common mistakes done by newcomers to affiliate marketing and how you can easily avoid them:

Joining Every Affiliate Program Under the Sun

The experts always talk about how building multiple streams of income is important for success in affiliate marketing and with business in general. They show you how they’re part of dozens of affiliate programs and make money from them. But should you do the same? Not right from the start. Exploring various earning opportunities is definitely great, but when you’re just starting out, you should rather focus on a few programs and not overload yourself. This will make it far more complicated to find the right offers to promote, as you will have way too many to choose from. You will also get plenty of promotional emails from affiliate networks and managers urging you to run their campaigns, but you simply won’t be able to handle all of this at the same time when building your business.

Not Testing the Links and Merchant’s Page

If you make a mistake when copying the affiliate link over to your landing pages, this could be quite costly, as it will probably mean that any sales that you make won’t be tracked and so you won’t get paid for them. You should test your links to ensure that they work correctly. Also, you should check whether the clicks you make register correctly in your affiliate account, though bear in mind that there could be a delay between 15 minutes and a few hours before they appear. You should also see that the merchant’s site is loading correctly and not experiencing any technical problems at the moment. Obviously, sending traffic to a site that doesn’t work is pretty pointless as you will be left wondering why you haven’t made any money from your visitors.

Not Tracking Properly

Chances are, you will be promoting your affiliate offers through different channels. If you want to increase your chances of success, then you need to set up a tracking solution that will allow you to know how many clicks and sales came from which of your websites or advertising channels. This will be very helpful when you want to optimize your campaigns, as you will know which methods that you’ve used in promoting the offers worked and which ones didn’t really do anything. Many affiliate programs will allow you to generate different link codes for the same offer, allowing you to track your clicks more easily. There are also simple scripts that you can integrate into the back end of your website that will let you know exactly where your conversions came from, such as the keywords used, which ad was clicked by the buyer, etc. Any serious affiliate marketer maintains detailed statistics and has a good tracking solution set up.

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Understanding the Target Market for Your Info Product

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Understanding the Target Market for Your Info Product


If you’re going to be selling an info product, one of the things that you need to do to get the most sales is to understand who your target audience really is. This will help you set the price of your product at an appropriate level and also advertise, promote and market your product through the right channels. Understanding your audience means knowing who your potential buyers are going to be, as well as how much they would be willing to spend in order to find a solution to their problems or to answer the questions that they have. Here are some questions to ask yourself about your buyers:

  • How Motivated are They to Find a Solution to Their Problems?

Are your buyers people who are going to be really hungry for the information, or are they going to be people who will be merely curious about the niche? For example, if you create a beginners guide to online marketing, chances are that your buyers may not know that much about the niche and would be simply curious to see how online business works. However, if you’re selling a complete course on using social media to make money online, your buyers will already have some knowledge about the topic and have a stronger interest in it.

  • Have They Already Seen Plenty of Ads for Similar Products?

This depends on just how “unique” your product is. Is there a high chance that your potential buyers have already seen information about competing products and maybe even bought some of them? In this case, the price of your product will be a bit more important, as you will be competing for your buyers attention with other products out there.

  • Is Your Product Aimed at Newbies or People Who Already Have Experience?

Products that are at the introductory level and aimed at newcomers to a certain niche will usually do better if they’re priced at low, attractive rates such as $9.95 or $14.95. People who already have experience in a certain niche and are looking to expand their knowledge, on the other hand, are often willing to spend more money to get that information. They would be happy to pay more, as long as the product that they would be getting will genuinely give them what they’ve been looking for.

  • Do Your Buyers Spend a Lot of Time Online? What Sites do They Visit?

Knowing this will help you with your marketing and advertising. Is your target audience known for spending a lot of time on the internet each day? What kind of websites do they usually frequent? Do they visit niche related sites such as discussion forums? By knowing this, you can have a better idea as to where you can advertise your product for maximum exposure to your targeted audience. Remember that the more targeted your advertising will be, the more likely it will end up being seen by someone with an interest in what you’re going to be selling them online.

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Creating Passive Income

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Creating Passive Income


One term that is often mentioned when it comes to online business is “passive income”. However, many newcomers to the industry do not really understand what it means or why you should work to create such a source of income for you. While the definitions will vary somewhat, passive income for me would mean income that will come to you without you having to make ongoing efforts to get it. Too many people get discouraged when it comes to operating their own online business for one main reason : it takes too much work. After all, who wants to trade a $15 an hour job to make $15 an hour online, even if you are working for yourself. Furthermore, nobody wants to spend their entire day in front of the computer to run their business.

 

There are many ways to make money online, some of which require more interaction from you on a regular basis, some less. Let’s explore some of the ways that you can create an online business that will not require you to spend 10 hours a day in front of your computer.

 

  • Creating your own product

 

Of course, creating an information product and selling it will require a lot of time and effort in the beginning. However, once the product is created and you have sent some traffic to it, the amount of work that you need to devote to it will diminish as well. This is even more so when you have affiliates that are promoting your product. They will be the ones who will work to create advertising campaigns and get some sales for you, while you can simply sit back and spend an hour or so every day checking your stats and making sure that everything is going ok.

 

  • Selling on eBay

 

While many would say that selling on eBay is not a “passive income” activity, it all comes down to what you sell and how you do things. Let’s say that you have found a product that is very popular and that you can sell for a $50 profit on eBay. If you get just 2 sales a day, that will mean $100 a day of profit. To allow this to happen, all that you need to do is to work with a drop shipper. The buyer pays for the item. You then place an order with the drop shipper and tell them to ship the item to the client. The deal is done. All you would need to do is to place the orders as necessary and also place new listings. All of this would take you less than an hour a day on average and can bring you very nice profits with little effort. For you to make this work, you would just need to spend some time at the beginning finding a product that is in demand and that can be shipped to your buyers by a supplier which does drop shipping.

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Some Questions and Answers about Online Marketing

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Some Questions and Answers about Online Marketing


There are many people who are new to internet marketing and the whole “make money online” scene and who naturally, have many questions about online earning opportunities. Here are some answers to questions that are frequently asked by newcomers.

  • How do I earn money online?

There are plenty of opportunities, which are quite varied. The most common earning opportunities found online are:

  • Becoming an affiliate of another merchant and getting a commission on sales that you get for them.
  • Creating a web site, then selling ad space and getting paid for each click on the ads, for the number of views they get, or a fixed amount per day, week or month.
  • Creating your own (digital or physical) product and selling it to customers.
  • Reselling someone else’s product through your website or a marketplace like eBay or Amazon (buy low/sell high concept, similar to what a physical retail store does).
  • Providing services to others (writing, web design, graphic design, translation, etc).
  • How much money will I make? Are these ads that say I can make $1000 a day online true?

The amount of money you will earn will depend on what you do specifically. The earning potential is technically unlimited, but it will take a lot of work and dedication to reach good results. While some people can make $1000 a day, it will take much more than simply buying a product or signing up for some course to do the trick.

  • Are all of these guides/courses/ebooks/membership sites about making money scams?

Some of them are, but the majority can’t really be considered a scam. Rather, they do give you some ideas and information that you can put to good use and start an online business of your choice. However, most of them stop short of holding your hand to the point of telling you exactly what to sell, exactly how to word your ads, etc. This is something you will need to figure out on your own.

  • Do I need any startup money? Can I get started with nothing?

This depends on what you are trying to do to earn money. Some forms of online business can be started with absolutely $0, some others will require a small investment of $10 – $20 for a website and domain name, while others will need you to pay a few hundred or a few thousand for things like advertising, merchandise to re-sell, etc.

  • Where are the best places to find information on earning money online?

If you do a Google, search, you will find that there are quite a few websites or blogs that provide useful information, but make sure that they are not simply a “front” that is trying to sell you some guide or get you to join a membership site. The best sources of free information remain internet marketing forums such as Digital Point, Warrior Forum and Wicked Fire.

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Can Using Internet Marketing Forums Be Useful for New Marketers?

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Can Using Internet Marketing Forums Be Useful for New Marketers?


In your quest to get the necessary information to become an effective online marketer, you may have come across some internet marketing forums. Now if you are new to internet marketing, you may be asking yourself: can these forums be useful for me? And what are the things that make an internet marketing forum good?

For the first question, the answer is definitely yes. On internet marketing forums, you will find plenty of information and methods that you can apply to make money online. You will also be able to find some tools, software as well as services that can help you accomplish whatever you are doing. The advantage of a forum is that unlike a simple guide, article or blog post, the content is “alive”. This means that not only can one person post information, but others can respond to it by adding additional data to make it more useful or ask questions about things they are unsure of, which will help more people understand the method.

A good internet marketing forum to participate in is one where:

  • New internet marketers are welcomed and not looked down upon, or taken advantage of by other, more experienced members of the forum.
  • Useful posts are made and new information is shared by members on a daily basis.
  • There is a community spirit where people genuinely want to help each other, and not just take things for themselves.

Now, many new internet marketers want to know what are the best internet marketing forums they can join? Well, there are dozens of them, however here are the top free.

The Warrior Forum. This is the oldest and most respected internet marketing forum on the internet. You will find lots of useful methods for making money on the internet there, which are geared at marketers of all experience levels. You will see that the crowd is very diverse there, with participants ranging from newcomers to the industry, to those who have made millions of dollars selling their own products or by being affiliates.

Digital Point. Another very popular forum that is neatly organized in various categories, such as affiliate marketing, web site development, content creation, selling on eBay, using Pay Per Click ads, etc. There is also a very active marketplace where buyers and sellers meet to sell websites, content, traffic, advertising space, etc. Note that this forum is very popular with people from many countries in the world, not just the US. Therefore, you might sometimes see posts written in “bad” English. But everyone there is working together to attain their goals in online marketing, no matter where they are from.

WickedFire. A forum that attracts many of the top affiliate marketers in the industry. Very useful place to learn new methods and to discuss online business. Just a note though, you will sometimes find “adult” jokes and rather strong language in some posts, so it is not for the squeamish or those who get offended easily. But the content is nonetheless very useful and the people there are truly serious about their business, even if they sometimes like to crack jokes at each other.

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