Avoiding affiliate scams
Walking that tightrope between spending money and making money on your affiliate website can be tough. Paying to advertise your affiliate website is a great idea, but only if you’re making more money then you’re spending, and that isn’t always as easy said then done. How can you make sure that you won’t end up in the red? Here are a few helpful tips.
• Have realistic expectations. While it is possible to earn a boatload of money by setting up affiliate marketing websites, don’t expect to be bringing in $10,000 a month right off the bat. Every product sells in a different way, and finding that perfect niche takes time. Also, experience is very important in the world of affiliate marketing and the more you have, the better you’ll do. Be patient, stick with it and you’ll see your profits rise with your experience level.
• Know how to advertise. Google has an affordable and easy way to advertise through their Adwords program. You’ve seen these ads on Google, they are usually at the very top and on the right hand side of every single search that is done. Google performs hundreds of thousands of web searches every second, so the chances of a search that would trigger your set of key words is pretty high. Just remember that for each time your ad appears, Google will charge you a fee. Make sure you’re getting the most value out of each sale because, otherwise, Google is making money off you instead of you making money off of your customers.
• Make sure your affiliate partner is trustworthy. If you’re just starting out in the world of affiliate marketing, it might be a good idea to stick with the big boys like Amazon or Clickbank until you learn the ropes. There are less trustworthy sites out there that are looking to have affiliate marketing done that might not deal with you in a completely honest manor. Until you learn the ropes of affiliate marketing, it might be wise to go with a major corporation that you know will pay out and treat you with respect. You don’t want your first marketing effort to be a bad one.
Unfortunately, since affiliate marketing has become so profitable in recent years, there are companies out there that will try to scam you. If you’re an experienced affiliate marketer, you know most of the tricks of the trade, but if you are new to the game, stick with familiar companies until you figure out the best advertising cost/revenue balance.
• Have realistic expectations. While it is possible to earn a boatload of money by setting up affiliate marketing websites, don’t expect to be bringing in $10,000 a month right off the bat. Every product sells in a different way, and finding that perfect niche takes time. Also, experience is very important in the world of affiliate marketing and the more you have, the better you’ll do. Be patient, stick with it and you’ll see your profits rise with your experience level.
• Know how to advertise. Google has an affordable and easy way to advertise through their Adwords program. You’ve seen these ads on Google, they are usually at the very top and on the right hand side of every single search that is done. Google performs hundreds of thousands of web searches every second, so the chances of a search that would trigger your set of key words is pretty high. Just remember that for each time your ad appears, Google will charge you a fee. Make sure you’re getting the most value out of each sale because, otherwise, Google is making money off you instead of you making money off of your customers.
• Make sure your affiliate partner is trustworthy. If you’re just starting out in the world of affiliate marketing, it might be a good idea to stick with the big boys like Amazon or Clickbank until you learn the ropes. There are less trustworthy sites out there that are looking to have affiliate marketing done that might not deal with you in a completely honest manor. Until you learn the ropes of affiliate marketing, it might be wise to go with a major corporation that you know will pay out and treat you with respect. You don’t want your first marketing effort to be a bad one.
Unfortunately, since affiliate marketing has become so profitable in recent years, there are companies out there that will try to scam you. If you’re an experienced affiliate marketer, you know most of the tricks of the trade, but if you are new to the game, stick with familiar companies until you figure out the best advertising cost/revenue balance.
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Comments (11)
Chukwuekwu Okonta12
Forensic accountant
This article is well thought. Beginning with lions like amazon is the best option for newbies in affiliate marketing.
Chandana Priyashanth...1
Thanks for important facts
Neville Dinning10
Independent Consultant
Sound advice Peter. The proceed with caution message just does not seem to get through. By following these three tips that you have provided, it may mean that you don't make that $10k per month, but the experience gained will be invaluable, and could help you get there eventually.
Mohinder Singh6
Consultant
Hi m5940 that is right, just yesterday has invested first time the minimum package of $10 in Google Ad-words and learnt about the way to use master tools and meta tag links to the head page of website or blog that is in the campaign. Further learnt about linking Ad-words with Google Analytics, and finally the testing of key words which were being the first time upto a tolerable level and approved. Sections of your account
There are six main tabs in an AdWords account: Home, Campaigns, Opport
Mattie Williams6
Affiliate Marketing And Design
Google Ad-words is a good place to advertise; however, you can blow through your money very quickly and never make a dime if you don't take the time to understand how to properly setup a campaign. Targeting keywords is a big factor as well as making sure that you strictly adhere to Google's policies or you risk getting your account banned.
Godwin A.6
Affiliate Marketing
Thanks for this all important view points and advise.
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
People need to accept red flags when they see them instead of ignoring them. There are several members on APSense that have pointed out red flags even posting the actual FTC guidelines and still people will not accept truth. They continually sign up for programs that a clearly scams according to the Federal Trade Commission and then after they learn the hard way start yelling scam. The proof was there before they ever joined and they joined up anyway.
Mohinder Singh6
Consultant
This is quite interesting and surprisingly very true about spending more than the income actually accruing or sure to get back. This proves one thing that most of expertise carrot danglers never intent to give one carrot equally to all who fall into its bait, the moment any unsuspecting victim takes the first bite the cost recovering factor starts :)- I am having a similar experience in some video sharing site where already spent $200 but so far showing earned amount only $81 and the payment can
Shashi Kant Patel10
Self Employed
So good.. should be more impressive...
Peter M.7
Pro Internet Marketer
Thanks very much for the correction.
Laura Newton9
The Water Filter Lady
Is that a typo in the article where is says "it might be a good idea to stick with the big boys like Amazon or Citibank"? .....I am assuming you meant clickbank rather than "citibank"?