3 Common Affiliate Marketing Mistakes

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The Promise of Affiliate Marketing and Where It Goes Wrong

Internet marketing, most commonly the marketing of affiliate products, offers some very promising business opportunities. Unfortunately, if you're trying to find out more about affiliate marketing, you'll soon find yourself in a swamp of scam and spam. In this article, I wil highlight thee common affiliate marketing mistakes, that especially beginners are prone to make. If you can avoid these, your first try at online marketing will be that much more successful.

1st Mistake

Choosing the Most Popular Products to Promote

If you are browsing the products offered on any affiliate marketplace for the first time, you'll quickly see that some products are hugely successful while others hardly get any sales. Now, it might seem reasonable to go for one of the top-selling products right away. Obviously, that's a products that is working for the affiliates, one that people are actually buying, right?
Well, yes, but keep in mind that the more popular a product is, the more people are already selling and marketing it. For very popular products, you will be competing against very experienced marketers and chances are, you'll just get drowned out by the competition. Often, there is more money to be made for less popular and seemingly less profitable choices. Ideally, you want to find a product that is selling well but not extremely well (yet).

2nd Mistake

Choosing the Products With the Highest Paid Commissions

Again, it might make intuitive sense to start promoting a product that pays a lot for every sale you generate, but you can go terribly wrong when you are basing your choice on this factor alone.
As an example, let's say you are promoting a product that pays 60 dollars for every sale you generate. If it's an unpopular, overpriced or badly marketed product or it's one of those products that hundreds of affiliates are already scrambling to sell (see 1st mistake), you might end up generating just two or three sales a month, even with a good campaign. That would make you under 200 dollars a month. Not bad, but not great, either.
On the other hand, if you manage to find a good, relatively cheap product that pays 25 dollars per generated sale and is placed in a niche without much competition, you could be seeing several sales a week or even several sales a day, if you play your cards right. With four sales generated per week, you'd already earn twice as much as with the more expensice product that pays 60 dollars in commissions.

3rd Mistake

Never Getting Started

This is actually the most common and most dangerous mistake new internet marketers make: They experience analysis paralysis and keep reading up on more and more info but never put anything into action. There's no end to the amount of advice on affiliate marketing you can find online. Don't make the mistake of trying to follow everyone's advice at the same time. Some marketers will tell you that it's all about paid advertising, others will say that the key is finding the right products and making good landing pages and others again will insist it's all just about search engine optimization. There's no one right way to do internet marketing (although there are better and worse ways of doing it).
Ideally, you should spend a few days researching the subject, then decide on one system and just follow that system for a while. You can still change and modify what you do later on. The most important thing you can do when starting out is starting out, though. So take action, get your online business started and worry about optimizing it later. Your first affiliate site might not make you any money, but it's still better than have no affiliate site at all, because that is guaranteed to make you no money.

Summary

To recap:
- Don't go for the most popular product.
- Don't choose a product based on the amount of commissions paid.
- Don't just sit there and do nothing.

Instead:
- Choose a good product with not too much competition.
- Choose a quality product and ignore the commissions paid.
- Take action and follow one (only one at a time) system for online marketing that works!

Check out my website to see what system I am currently using to earn fast money online.

Links you should check out

Here are two links that I recommend you give a look for starting out with online marketing:
My website
My new website with some product recommendations and info on online marketing.
Clickbank Code
Great System for making money online. Well laid out and explained, great for starting out with affiliate marketing.

by

VinceP

Vince P., online marketer and blogger. New to Squidoo.

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