5 Things all Affiliate Marketers must KNOW

by Thomas Njanque Affiliate Marketing (AM) is a major trend in online business.
With the boom in affiliate marketing, however, there is a growing wave of new marketers that become easily discouraged when the initial hype wears off and they don't understand what to expect in the business. For those just entering the arena, here are Facts you must know:

1) YOU WILL HAVE TO INVEST SOME MONEY
Affiliate marketing being a hybrid of the independent contractor & the self-employed small business owner, it is inevitable that some money be invested.
But an AM is neither. They don't control price nor, once they sign up, product. But they do control promotion. And, unlike a self-employed worker, they bear only a fraction of the costs.
The good news is that, unlike other sales positions (but similar to small business), the AM controls that cost because they decide on which advertisements to invest.

2) YOU WILL HAVE TO INVEST SOME TIME
Affiliate marketing works on the slide-rule effect. That is, the more effort the AM invests, the richer the dividends.
Many enter the AM arena thinking all they have to do is sign up as an affiliate, then sit back and reap the rewards. And that's just when they should be getting busy. The rewards will come, but not until they've put in their time.

3) YOU WILL GET BURNED ONCE OR TWICE
It takes experience to know what's going on, how to spot a scam, and to know a good opportunity when it arrives. The good news is, experience is the best teacher of all. And a new AM will soon learn from their mistakes.

4) YOU WILL HAVE TO UPDATE YOURSELF
The internet has been called the most fluid industry ever. The point is the internet is constantly, incessantly, (sometimes annoyingly) changing. What was vital two years ago (SE placement, keywords, Pay-Per-Click), is now becoming passe, replaced by new types of more effective marketing techniques(PowerLinking, Opt-in lists, pay-per-buy).

5) YOU MUST BE PRO-ACTIVE
To keep the revenues up, AMs must find good resources to monitor the business. Newsletters, forums and affiliate resource pages all become vital to watching the latest trends. They are filled with the latest information, the latest ideas and the newest concepts in advertising.

Once an affiliate marketer arms themself with these facts of life, they have a very good chance of succeeding in this new arena.

Before you join the next business READ this:
stopbeingavictim.com/?id=Helper

Best Wishes!
Thomas.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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