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10 great ways to fail at affiliate 'selling'
Published to article announce, march 14, 2003
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Title: 10 Great ways to fail as affiliate 'seller'
Copyright Eric Koshinsky, 2003
Only by knowing how to fail are you able to succeed.
10) mlm Pyramid schemes:
If you don't know it already, multi-level marketing and other
pyramid schemes really only work for the very few who get in
early. There is also a general mistrust of mlm in the public
which makes them harder to work with. Don't confuse mlm with a
two tiered (leveled) affiliate program that pays you a bonus on
Pr AdvertisingWeb marketing has taken on many different shapes during the last 5 years. It has gone from ..... referral comissions as well. Unlike MLM, your earnings are NOT
dependant on recruiting in decent affiliate programs.
9) Awful programs with terrible payouts
Be very careful in choosing what you promote. Go over promo
material first, and get yourself a freebie copy (or some sample
chapters etc.) to preview before you join the program. Watch out
for programs that pay a 2% comission on a $4.00 product and only
send a check once you have reached $200 in total earnings!
Ok that was a bit exagerated, but you get the point. Look for a
good balance of comission rate, product cost, and payout level
before you go gangbusters promoting a dud that will never produce
any income. Also, do a little research on the company before
hand. Contact the people giving 'testimonials', visit alexa.com
to see where they are positioned, and keep an eye out for others
promoting the same programme.
8) Trying to beat the system
This is normally a result of a "I'm gonna get rich quick"
mentality. Trying to beat the system will always result in
failure. It may not be immediate, and you may even make a little
money at it for a while, but you will get caught. Many affiliate
programs are now starting to make use of black-list data. This
is information about individuals that have tried to scam
affiliate programs, used inappropriate marketing techniques such
as spam, or in some way broken an affiliate Agreement. Once you
are placed into such a list, you will quickly find it hard to
join quality affiliate programs. The simple way to avoid this
is: find quality programs that you are genuinely interested in,
buy, subscribe or use them, and then promote them with integrity.
7) You have no stake/interest in the product you are representing.
There can be any number of reasons for this. You don't like it,
you don't know anything about it, it is your brother's product,
you only took it on becuase it pays $25 per lead. Any one of
these reasons will seriously cut down your profits. Basically,
if you're not into it, skip it. The less interest you have in
what you are doing, the more difficult it is to succeed. More on
this a little later.
6) Unrelated to your website
This is one of the biggest and most common mistakes. Usually it
is caused by a strange illness called Big-Payout-itis. You can
normally tell a victim of this disease because they are normally
found in a daze with $$ in their eyes. Keep the products you
represent simple, relevant, and related to the content and
purpose of your site. Big payouts are not the direct ticket to
big profits. If you give your visitors a meaningful and
compelling reason to click the link, you will get profits. Never
forget that 20 sales at $5.00 each and 5 sales at $20 each are
the same as 1 sale at $100. Think of yourself, how much are you
willing to comfortably spend' How does that compare with your
visitors'
5) No context (like a banner ad - sitting there looking bad)
Bare - "click me pleaz so I can make sum $$" links and banners
will ALWAYS underperform a contextualized text link. Normally
such links don't perform at all. Unless there is some reason for
your visitors to click your links, they aren't much different
from the guy on the street walking up to you saying "psst, hey
buddy...wanna buy a watch'". Not likely. Surround your links
with information that is relevant to the link and where it will
take the visitor. To do this, you need to know the products or
services you are recommending. Most often you know the products
or services becuase you own or use them, or have seen first hand
how they produce benefits. You simply can't get this kind of
knowledge by reading the ad copy on a site - if that's all you
do, most likely you've been hyped!
4) Too many different programs/Too diverse programs
This is a very common problem. Promoting 100 different programs
on 100 different subject areas - will kill your chances of
success! Of course it is ok to represent several products at the
same time - often you need to do this to make a solid income.
Just be sure that they are related to your site's content, and
don't compete with each other too much (if at all). Often it is
very good to be an affiliate of several programs that complement
each other.
I'm sure you can see the advantages of promoting "Fast and easy
birdhouse kits" alongside "Home delivery birdseed" and "Jake's
guide to the birds". Compare that with a site that promotes
"Ma's cookie dough", beside "Uncle Jeb's axle grease remover"
and "Guido's kneecap replacement service". Which do you think
will be more successful' The point is STAY FOCUSED. Know what
you promote, and promote ......
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