Affiliate Marketers...Are You Shooting Yourself In The Foot?
due diligence to test these things out for yourself.
Yet another thread just recently popped up about yet another affiliate
program that bit the dust and suddenly people are in a panic as if their
livelihood just got flushed down the toilet.
I have been affiliate marketing for over 6 years. I have seen it all. The good,
the bad and the ugly. I'm not going to even attempt to try to make a "how
to do affiliate marketing post" here because it would fall woefully short of
being of any real use to anybody. There is just way too much involved to
being a good affiliate marketer. I am just going to touch on a few things that
you could be doing that might not be the best course of action. Some of
these I have no doubt many will disagree with. That is why I say, this is
just my opinion. Test for yourself.
1. Selection Of Products - This is probably where most people will not
agree. You hear many of the knowledgeable marketers say to focus on
one area and get good at it. There is something to be said for this. If
you really know one niche and one product really well, you can become a
true authority on it. The problem with this narrow approach is that if that
product should happen to go belly up, your stream of income is literally
shot over night. And there is always a possibility that a whole niche could
be shot to hell with the advances in technology.
This is why I promote between 20 and 30 products in various niches. If
one closes up shop, I don't even feel it. Yes, this means I have to
diversify my promotional resources and makes it hard to really become an
authority in any one area (making videos, blog posts, reviews, building
lists, sending newsletters, and so on) but as I said, the upside is that you
don't have to worry if one niche goes sour on you.
2. Selling In The MMO Niche - IMO, if you're selling a make money
product, especially one being sold through Clickbank, you are making things
harder on yourself. Between Clickbank's liberal refund policy and the fact
that most people buying these products know that they can purchase
through their own affiliate links, there is a good chance that you won't
get as good a return as with non IM niches. I do much better selling non
make money products than make money ones...even though my main
expertise is in the MMO niche. Says something.
Having said that, if you're going to sell MMO products, offer incentives
and bonuses that others don't in order to get that person to buy from
you even though they know they can purchase through their own link.
Also, try finding products that have in house affiliate programs that don't
allow people to buy through their own links.
In the non MMO niches, you really don't have to worry about this. Most
people looking for an acne cure probably don't even know what an
affiliate program is. Heck, you probably don't even have to cloak your
links in these niches, though Clickbank now does do this for you
automatically. About time.
3. Building Lists - This is where I'm going to get a lot of slack. Don't
bother building lists in niches where there is really no free info to give and
where the solution is so obvious and so in demand that your cold
conversions are 5% to 10% or higher.
I sell in several niches where I wouldn't even bother building a list. For
what purpose? The product is so hot and so many people need it that
the conversions are insane. Just make a good review of the product on
a blog, send the prospects to the review and be done with.
As somebody who has over 5,000 subscribers, you don't always have to
build a list. Don't do it blindly just because somebody says you have to.
You could actually be losing money either because you've given them
too much free info or the info you do give them makes them think that
you don't know what you're talking about. This is all too true in niches
where the affiliate really knows nothing about it.
Which brings me to my biggest point.
4. Sell What You Know - Yes, I know...you don't have to be an expert in
every niche you tackle in order to sell a product in it.
But let me ask you a question.
Who is going to have the advantage here?
Somebody who just sends a prospect to a sales page hoping for a sale,
or somebody who sends prospect to a comprehensive review of a product
or even a video showing the use of the product?
My money is on the person who really knows what they're talking about
and not the lazy affiliate who just uses a redirect to a sales page.
Every product I sell, and I mean every product...I have at least a basic
understanding of it and a basic understanding of the problems that niche
is having. In other words, I can talk intelligently about the product to
anybody.
There's more...lots more. But I'll stop here.
Please take a look at some of the things you're doing as an affiliate
marketer and make sure that they're as optimal as they can be.
As I said, the above is just my opinion based on 6 years plus of my own
experience. You need to test out my theories and opinions for yourself
to see if they make a positive difference in your efforts.
Never blindly follow what anybody says to you.
nothing to see here.
nothing to see here.
Bare Murkage.........
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