To be or not to be an affiliate marketer?
Have you ever noticed the glittery websites of internet marketers and the way they talk their "sales talk"? The brand new cars they are posing with . . . that suspiciously let's you wonder: Are all these things so very real? And why the heck are these people so "desperate" to get your sale if they are these millionaires???Don't be fooled by TOO GOOD affiliate marketers |
It's said that affiliate marketing is one of the greatest ways to make money off the internet – one of the most trusted and sustainable sources.
The most important question rather: How often do you earn your commissions with traditional affiliate marketing programs?
There is no doubt about the fact that affiliate programs are of the best ways to generate a good amount of money as well as one of the most ideal supplemental ways to your money bag. However, if we take a look at fast and immediate or quick money – then affiliate programs simply won't work.
Apart from that it's not quick; it does not come that easy either. Marketing affiliate programs do require that you have knowledge about internet marketing. And if one look at the fact that 97% of all internet marketers online fail up close, trying to consider affiliate marketing and you need money urgently, as in very quick, affiliate marketing is just not going to do the “getting quick money trick”.
As I am saying, affiliate marketing, is ultimately one of the best ways to make decent money online. There are thousands of internet marketers that generate $1000 daily with it and even more. If one would take a look at Clickbank.com, you can instantly find 1000’s of products there, market them for free, and make a commission from it – as much as 75%.
That would really mean that if you sell a $100 affiliate program, that you get the $75, while the owner of the program walks away with just $25.
Many people will with a quick surprise think about: “What If I can sell at least 10 of these affiliate programs per day? Wouldn't I be able to make $750 of money daily?!”
Exciting as it may sound – it's just not that simple.
To Pull out lots of money from a bag - simple? |
If you think about factors such as: You are an internet newbie, or that you know that you are not good at marketing anything . . . or you don't even know the internet that well (or especially don't know the product you're selling). What's the chance that you will get a $100 program sold to ten people per day – or even one of them?
If we really start thinking serious, we take into account always that 97% of all online marketers fail, and we should ask ourselves why.
We even need to go further and consider whether trying to make money with affiliate programs would be the best option for you if you're thinking about making money quick with specifically taking a deeper look at the actual response rate you will get with an expensive $100 program.
Even more importantly, internet spending have changed steeply with the world recession, if we take a look at the percentage of people who mainly uses their credit cards to buy online, but who are now looking away from using their credit cards period. Some are highly in debt, while some have even lost their cards.
Golden eggs CANNOT be laid overnight |
This is the sole reason exactly why intermediate internet marketers experience an average response rate of 0.01% to 0.5%. That means, if you have started to manage to learn the basic skills of marketing online, you should be able to start getting at least 1000 people to your money making affiliate program daily.
You make the calculations. From the 1000 people seeing your marketed program, only 1-5 will buy the product through you. But what I can say from experience is that a $100 program will even have a much lesser response rate at the moment. Every $10 to people is money they think about, when spending. I believe $100 are 10 $10. This means that people will consider it 10 times over to buy a $100 money program.
In simple detail what I am saying, is that even if you do get 1000 people looking at your affiliate marketed program per day, you will likely get either 1 response, 2 if you are really lucky, but none at most times.
Lastly, in what sense do affiliate programs generate any quick money, if affiliate commissions are paid out only twice monthly – and to worsen things even further – paid by check?
2 comments
Write commentsThis is such an important post.This is indeed a topic which has been ignored by many experts & professionals. You have done a great job by bringing this topic about affiliate markrting into light. I hope quality discussions follow this post. Good luck with the challenge and with your business.
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