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Affiliate Marketing Basics

(@Anonymous)
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Posted : 18/09/2008 1:52 pm
(@Anonymous)
New Member

It has always been my opinion that in order to be really good at something you must practice everyday. A simple concept, yes, but many people in the online industry of affiliate marketing are failing to make money because they don’t understand it. Simply put, if you don’t perfect the basic skills it takes to be successful, there is no way you will be able to compete against someone who has. This can be said for everything you do in life, but it is never truer than in affiliate marketing. If you are going to be successful in affiliate marketing, you must learn, understand and perfect the basic skills it takes to work and compete for your share of business on the Internet.

Amazingly, people everyday are drawn to the Internet with hopes of finding some kind of magic potion that will help them become millionaires overnight. Usually led by unscrupulous marketers who think it’s okay to mislead people into thinking the impossible is possible, these poor soles are typically the ones who only stay around the business long enough to lose a good deal of money before they eventually give up. If making money online were as easy as finding some magic potion, don’t you think everyone would just be working online?

The concept of affiliate marketing is actually quite simple which is why it attracts so many people to get involved. The advertiser (or merchant) and you (the affiliate) enter into an agreement of revenue sharing based on a variety of performance measures. These measures are normally in the form of sales, clicks and registrations. Your compensation or pay is determined by your ability to get customers to either purchase the advertisers product or do one of these tasks.

Besides the ability to earn a great deal of money, there are many other benefits of affiliate marketing that make it so attractive. Low overhead because you can work from the comfort of your own home and all you need is a computer with Internet connection. You don’t need to hire employees because you don’t have a store to maintain. You don’t have to worry about storage for your product since you are selling for other companies and it’s their responsibility to arrange delivery of the product. And best of all, you don’t have a boss to look over your shoulder and check your performance and tell you to do it differently. You are in complete control of everything.

One of the best things about affiliate marketing is that you can promote products or companies that you truly believe in and stand behind. All you have to do is convince others to buy from your website and you get paid. It is one of the reasons for the success of some of the biggest companies around today. For example, Amazon.com was one of the first companies ever to use affiliates to promote their business. They are now one of the largest online businesses in the world with thousands of affiliates still promoting their business today.

As I mentioned earlier in this article, it is the basic skills you need to perfect if you are going to be successful in affiliate marketing. But it should also be noted that this will take time as you should learn each skill and perfect it before you move on. As an example, if you were to choose article marketing as your method of promoting products, you need to learn everything there is to know about writing marketing articles and put it into practice before moving on to Pay-per-click or other methods. Discover how to write good articles and which websites are the best to submit them to. Once you have perfected this method and see the results, you can then take your business to the next level by learning another method and repeating the process.

If you have been searching the Internet for a magic potion, I’m sorry to tell you there isn’t one. But I am pleased to tell you that there still is a way for you to make money on the Internet. It’s going to take some time and lots of hard work but there is good news. Once you perfect the basic skills and apply them, your dreams of becoming the next Internet millionaire will be closer than ever before.

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Topic starter Posted : 24/03/2010 6:34 am
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