Factors Driving Affiliate Marketing Growth

Affiliate Marketing canstockphoto6139902

 

Although key factors drive affiliate marketing growth in the coming years; online business failure and fears of a crowded market place cause some good people to back away from an online business, especially affiliate marketing.

These good people may think the Internet is getting too crowded for new entrepreneurs. Perhaps growth information in this post can help put those fears at rest.

Consider Please These Facts:

  1. Internet growth means many, many opportunities exist for anyone wanting to start an online business. More opportunities crop up daily.
  2. Consider today’s Cyber Monday sales – greater than last year. Major retailers from Walmart to The Home Depot are driving sales via their web sites. More people purchase on line than ever before. And they become returning customers.
  3. Business thrives when solutions meet existing demand. Today’s analytic tools provide outstanding data indicating which niches are good to enter and which are cooling. Remember, your product is determined by the customer want or need it satisfies. Many, many pizza parlors surrounded the Eastern Michigan University when Tom Monaghan and his brother started Domino’s. There product was not pizza. Domino’s sells convenience.
  4. 95% of people trying to make money on the Internet earn less than $500 a year. That’s because most want to get rich quick. Most fail on the Internet because they want to make fast money online. The objective is starting and running an Internet based business. Just about everyone I know working online makes a reasonable amount each month. When I last moved the moving company crew chief shared with me he earns $35,000 a month selling on Amazon and eBay. He’d been building his business over six years and was soon leaving his job to work online full-time.
  5. Most people quit working online when they learn there is simply no way you can buy a $27 software program that runs while you sleep and pulls in big bucks to your bank account with you doing nothing. For online money-making success understand this: success knows you are starting a business. The Internet is not just another J-O-B opportunity. Be prepared to learn necessary lessons that create sustainable income via the Internet.

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You Can’t Do Everything At Once

 

Most of us use affiliate marketing to launch an online business. There are many bits and pieces of advice how best to do that.

Some suggest a simple web site promoting a product or product niche. Others say advertising via Google or Bing is the way to online riches. Another camp believes in email marketing; building a list and marketing to that list.

All three and other approaches work well. However you cannot do all at once. Each is a skill some develop into an art form. The top Internet money-makers usually use a combination. They’ve developed large email lists over time. Their followers open each email and often buy the offers.

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3 Types of Twitter Ads Getting Blog Traffic

Twitter

Never forget: Traffic is the fuel running your Internet business engine.

Your primary business goal is to create customers. I should say ‘create repeat customers’.  That is how you build a business paying you week after week, month after month, year after year. The key to selling online is traffic. Twitter ads generate good traffic and should be part of your marketing mix.

Anyone can sell something online. I have a revenue stream selling on Amazon and eBay. You can sell something online easily. Try it today. Look around your home or apartment for something of value that you no longer need. Put it on Craig’s List and I bet you sell it in a few days.

I mention Craig’s list because that is the easiest method. Run your ad. Then buyers contact you.  You meet and exchange the item for cash. No checks, please. Cash only.  

Although I and others make money selling on Amazon and other e-commerce sites, my sustainable business takes another direction. However, the process is similar.

In all my Internet businesses I seek to optimize and automate the processes. I use Buffer, a free utility, to post many times a day on social media. That’s automation.

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You Are Going To Fail Unless . . .

Don’t let failure get you down.

Don’t get discouraged when starting affiliate marketing. Usually the first things you try will fail. They are a learning experience. Do not give up.

Thomas Edison famously failed 10,000 times trying to invent a working lightbulb. He looked at it this way, “I learned 10,000 ways how not to do it”.

Think of starting an affiliate site like learning a sport. You are going to be somewhat terrible at the beginning. Whether you try skiing, or golf, or skeet shooting, or playing the violin . . . you are not going to be Olympic quality at the beginning.

There are no naturals in anything. Some of us may learn faster or understand nuances easier. Some of us may progress more quickly than others. But we all have to learn.

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15 Free Online Courses for Entrepreneurs

I often recommend not spending money when preparing to start a first-time online business. That’s because without knowing exactly what this Internet entrepreneur adventure involves, one can spend a lot of resources without getting off on proper footing. 

Although there are many programs I recommend and some I sell, my advice to investigate fully how to start an online business before committing financially is a good starting point.

Below is a list compiled by Sig Ueland for free courses that may help you understand how best to start your online business.

After checking out these courses I suggest that you sign up for delivery of my free information that will help you start and run your Internet business. Sign up for direct delivery of my blog posts. It is also a good idea to follow me on Twitter, Facebook, and Pinterest.

Although I encourage all newbies to learn a bit before buying,  you must understand all business ventures require some financial investment. Nothing is totally free. At a minimum you’re going to need a desktop or laptop PC, and an Internet connection.

If you want a website you will pay to register a domain URL and select a host for your site. Along the way you’ll probably want to pick up software programs allowing you to properly make your offer to the public. There may be some advertising involved, too.

My point is you will have to invest in your business at one time or another. There are shortcuts, of course. Learning them often involves buying training programs or attending live events.

Working online is very rewarding – bringing greater income than you usually can make at a job. Don’t get me wrong. Not everyone makes great amounts of money like some Internet rock stars describe promoting their ‘systems’ and offers.

Sure, there are many 7-figure earners around. I know several of them. What you need to know is having your own Internet business gives you financial freedom and control over your life. You report only to yourself, working when you want, where you want, and for how long – from anywhere you have an Internet connection.

Whether you’re a newbie, fledgling, or somewhat established Internet entrepreneur you are well ahead of those doing nothing to better their lives. Your first step on the road to digital success puts you ahead of those not trying. Each day brings you closer to life changing return for your efforts.

Check out this article by Sig Ueland, first published online at PracticaleCommerce.com. Then sign up for my feeds and start making life changing income . . . on the Internet.

15 Free Online Courses for Entrepreneurs

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