Why Affiliate Marketing?

31 replies
I don't get it....On one hand, you don't have to worry about putting yourself out there, and creating a product.

OTOH....You are missing out on half the profits. Will the affiliate marketers please stand up? Help me understand.
#affiliate #marketing
  • Profile picture of the author Tyler Pratt
    I think you answered it in the first sentence. When you first start out the best way to get instant profits is to promote someone else's product.

    Many people fail because they spend way too much time creating a product and not marketing.
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  • Profile picture of the author craigc1980
    I had this same question about 2 years back and this is what someone told me.

    Why Not?

    It was estimated that in the last year, $95 billion was transacted online as a direct result of affiliate marketing. And those affiliates earned over $6.5 billion in commissions.



    There are just so many benefits in affiliate marketing.



    Its very low cost. Very easy to build a list. Very easy to target people looking for the product your selling.



    Just makes more sense.



    I tried the whole MLM thing.

    Now dont get me wrong MLM works if you have the time and patience.



    But wouldnt you rather spend less time and be in profit ten times faster.



    Hope i answered what you needed




    Have A Great Day
    Craig
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    • Profile picture of the author Chris Steiner
      When you talk about creating products, I assume you mean digitally delivered information products, and for these I do think that the creator of an excellent product who understands affiliate marketing and can recruit excellent affiliates has a definite advantage over the average affiliate marketer.

      With that being said, I sometimes promote physical products. I had some luck promotion products from Amazon during the holiday season, and I for one don't think I'd have nearly as much chance for profiting relatively quickly if I started a manufacturing business, mostly because of the required start-up investment.

      I also think that if you are a good product creator, you can benefit by promoting affiliate products in several ways. One way is to provide back-end products to promote to your buyers list. Another is to promote in a niche you want to enter and use this for testing how you can best reach the market and which products sell best, then create a better product and change your promotional efforts to that.

      Most of the other reasons I can think of have already been mentioned, so I won't state them again...
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  • Profile picture of the author freudianslip27
    Why not? Exactly. I think a lot of people don't understand the significant percentage of commissions that online marketing can provide. Some products give you 75% or more of the sale for goodness sake!

    Making your own product can be great, but if you aren't an experienced marketer, you won't know how to get it off the ground. I think a smart approach is to test markets first, get your feet wet. Once you find a market you can perform well in as an affiliate, then create your own product

    Matt
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  • Profile picture of the author opportunites
    Hi Bean!

    The best thing with affiliate marketing is that you can sell the best quality of product in every niche that you chose to promote... Also, you have the ability to sell product that people are searching!

    Without being an expert in weight loss, you can sell the best quality product in the domain...
    Without being an expert in relationship, you can sell the best quality product in this niche...

    Now, I you have the knowledge, I you can plan a big successful launch of a product that 1000's of people will be interesting in, go on... do it... and create an affiliate program, or put it in Clickbank. Many affiliate will be glad to promote it if it worth the effort!

    Good luck!
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  • Profile picture of the author talfighel
    Everyone starts by promoting someone else's products online. As time goes by, people learn and decide to sell their own products too.

    Some copy ideas from other websites and create their own and others come up with their own ideas. That is why you see so many program on the internet that are almost the same and sell the same things.

    Tal
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  • Profile picture of the author Tsnyder
    Originally Posted by BeanCounter View Post

    I don't get it....On one hand, you don't have to worry about putting yourself out there, and creating a product.

    OTOH....You are missing out on half the profits. Will the affiliate marketers please stand up? Help me understand.
    The answer is simple and obvious...

    1. The fact that you may be able to create a fantastic product
    doesn't mean you know squat about marketing that product.

    2. The fact that you may be an accomplished and skillful marketer
    doesn't mean you know squat about creating a fantastic product.

    Those who possess both skills are very rare. In my opinion about 90%
    of the people creating their own products should just be marketing the
    products created by those who have real talent for that process.

    Tsnyder
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  • Profile picture of the author JayXtreme
    No customer service issues

    No product creation worries

    Unrestricted promotion possibilities

    Product creation leaves you with a few promotion opportunities.. those that you can create a product with.

    In short, I only have to focus on the marketing, and I can do that damn well.. if I do say so myself.

    I can find a niche this morning, and be turning sales before I eat my evening meal as an affiliate. I collect a list just the same as I do when I create products, only the cross and side-selling is much easier when all I have to do is find affiliate products

    Speaking as a product creator and an affiliate, I will never stop affiliate marketing... the cash is just too easy. It has been the sole income provider for my family in the past, and whilst I wouldn't want to go back to that, it certainly helped me reach some major income milestones

    Of course, this interwebs thingy was much easier back then...

    Peace

    Jay
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  • Profile picture of the author bloggirl75
    * Low cost
    * Simple
    * Don't have to worry about producing

    However, if you are a great producer as well as a great marketer, you can have the best of both worlds....so, why not?
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  • Profile picture of the author Robert Puddy
    Much more profit in owning the product and having an army of affiliates sell it for you...

    However even as a product owner with an army of affilliates selling it for me, i still do affiliate marketing myself, its not an either or question

    Robert
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    • Profile picture of the author Alexa Smith
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      • Profile picture of the author Robert Puddy
        Originally Posted by Alexa Smith View Post

        I'm sure this is true, Robert. And you obviously handle your situation very professionally and successfully. But I wonder what proportion, just of the tens of thousands of products on Clickbank (which, with its 9% charges, clearly nobody would use if they didn't want the affiliates!) actually do have the "army of affiliates". I suspect it's a very, very tiny figure.
        It may be rare...
        2 points though...

        If you never get your self a product its a cast iron fact you will never get those affiliates

        and my 2nd point was its not an exclusive either or question, building a product doesnt exclude you from affiliate marketing
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        • Profile picture of the author Alexa Smith
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          • Profile picture of the author Robert Puddy
            Originally Posted by Alexa Smith View Post

            This is undeniable. I think, though, that some (many?) of the vendors of those tens of thousands of Clickbank products have perhaps put their products there imagining, to some extent, that if they do so, it follows that they will get affiliates; and we both know that's not true at all.



            Also undeniable, but being effectively an affiliate for one's own product, on Clickbank, is something that a lot of affiliates aren't at all keen on the vendor doing, which is why so many vendors specify in their marketplace listings that they don't do that and especially that they don't bid for keywords against their own affiliates. Which you can understand?
            Ok one more try

            If you have a product, you will build a list of buyers

            You can (and should) use that list to market other peoples products as an affiliate
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    • Profile picture of the author JayXtreme
      Originally Posted by Robert Puddy View Post

      Much more profit in owning the product and having an army of affiliates sell it for you...
      :rolleyes:
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      • Profile picture of the author Alexa Smith
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        • Profile picture of the author jimbo63
          Originally Posted by Alexa Smith View Post

          Wow, this man is concise: he said openly with one smiley more than it took me a whole paragraph just to imply (I think)!
          Wow, me thinks, this was a good save for a warrior with over 2k of post to give "thanks" to another warrior with over 3k of post that replied to yet another warrior that consist of just a smile face.

          Very slick indeed.

          I mean it's not like i have never seen any of you express your feelings on post from warriors when space has been indeed wasted in the past.

          Happy New Year!
          Jim
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  • Profile picture of the author BastianMann
    Well,
    when promoting anothers product you don't have to worry about payment, hosting, webdesign etc. Just very easy to start with.

    And some clickbank products pay you 40$ or so commissions...

    So I don't think Affiliate Marketing is so bad....

    Regards
    Bastian
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  • Profile picture of the author TimAtkinson
    All the top product creators flood their list with affiliate offers. When you get to a certain level your usually just sending emails where your JV with that vendor so your probably making 100% upfront and at least 50% on the back end. Promoting other peoples products(especially if you promote the right products from the right people)makes you millions but also fills the gap between creating your next info product.

    Now I know some people who just went straight into product creation. I teach my coaching clients the importance of having success promoting other people's products first. This allows them to make money fast, helps them appreciate and understand the affiliate mindset. The biggest reason is because it builds solid creditability and brands yourself as an authority on this topic once you do master the art(yes it's an art). The transition to product creation from affiliate is a walk in the park compared to starting with product creation first. Also as an affiliate you build a massive buyers list and build solid relationships with that list so when you promote your own products your conversions will be higher. Don't forget to mention the relationships you have built with many vendors that you can reach out for JV opportunities. Bottom line being an affiliate and product creator go hand and hand. If you leave one out, you leave possibly millions on the table.
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  • Profile picture of the author Desmond Ong
    Affiliates send leads to product owners

    Product owners convert leads into sales

    Sales convert visitors into buyers

    Product owners collect buyers' email addresses to build a buyer's list

    Product owners promote affiliate products or other products to that buyers' list



    Oppss...Just revealed my tactics.
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  • Profile picture of the author Susanna Dodd
    I personally am not a people person. What I mean is I don't like handling customer service issues and dealing with the public. I'm more of a behind the scenes person. I like affiliate marketing for that reason....I don't have to deal with people. Also, I don't consider myself educated or ambitious enough in the IM field to be able to create my own product. Right now, I'm not looking to become some millionaire, I just want to be able to make enough money to be able to afford the extra things in life.
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    • Profile picture of the author TimAtkinson
      Originally Posted by Susanna Dodd View Post

      I personally am not a people person. What I mean is I don't like handling customer service issues and dealing with the public. I'm more of a behind the scenes person. I like affiliate marketing for that reason....I don't have to deal with people. Also, I don't consider myself educated or ambitious enough in the IM field to be able to create my own product. Right now, I'm not looking to become some millionaire, I just want to be able to make enough money to be able to afford the extra things in life.
      You should have one mastermind session with me and your outlook and approach to internet marketing would change. You be surprised who you really are when you push your self to the limit.
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  • Profile picture of the author Hesaidblissfully
    Originally Posted by BeanCounter View Post

    OTOH....You are missing out on half the profits. Will the affiliate marketers please stand up? Help me understand.
    If you create your own product and have affiliates promote it for you, you'll still be missing out on half the profits (in some cases more), at least on the front end.

    Especially for people just starting out, who may not have the skills required to create and launch a successful product of their own, affiliate marketing can mean the difference between making 50% of something and 100% of nothing. Like was mentioned above, it can provide an opportunity to get paid to practice your marketing skills so that you'll be experienced when you do launch your own product.
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    • Profile picture of the author Robert Puddy
      Originally Posted by Hesaidblissfully View Post

      If you create your own product and have affiliates promote it for you, you'll still be missing out on half the profits (in some cases more), at least on the front end.

      Especially for people just starting out, who may not have the skills required to create and launch a successful product of their own, affiliate marketing can mean the difference between making 50% of something and 100% of nothing. Like was mentioned above, it can provide an opportunity to get paid to practice your marketing skills so that you'll be experienced when you do launch your own product.
      you have 10 affiliates...

      Each one makes 2 sales a month of $50 product

      they each make $100 a month

      You make $500 a month

      However i am not going to argue about the fact for some making a product (a decent one anyway) is going to be hard, and they should hone their skills doing affiliate marketing first. get on enough product owners radar with consistent sales and you should have your JV partners for when you do have your own product

      My main point once again is it isnt an either or question, you should do both
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      • Profile picture of the author opportunites
        Originally Posted by Robert Puddy View Post

        you have 10 affiliates...

        Each one makes 2 sales a month of $50 product

        they each make $100 a month

        You make $500 a month

        However i am not going to argue about the fact for some making a product (a decent one anyway) is going to be hard, and they should hone their skills doing affiliate marketing first. get on enough product owners radar with consistent sales and you should have your JV partners for when you do have your own product

        My main point once again is it isnt an either or question, you should do both
        You are right in one sense!
        The vendor accept easily to give you a share generally the big part... just to motivate you. When you as an affiliate are doing good he is doing good too!

        But As an affiliate you are enjoying 3/4 share on a product that you don't now own and sometimes the product can be from a domain that you are not an expert!

        Affiliate marketing is a win-win situation...
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      • Profile picture of the author Hesaidblissfully
        Originally Posted by Robert Puddy View Post

        you have 10 affiliates...

        Each one makes 2 sales a month of $50 product

        they each make $100 a month

        You make $500 a month
        Actually, if the affiliates are making $100 per month from 2 sales of a $50 product, that would have to mean that you were paying them 100% commissions, in which case you'd earn nothing on those sales (on the front end).

        Having said that, my original statement was off too, as not everyone pays their affiliates 50% or more. I should have said: "If you create your own product and have affiliates promote it for you, you MAY still be missing out on half the upfront profits (in some cases more), depending on how high of a commission you choose to pay your affiliates."
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  • Profile picture of the author RebeccaL
    No customers. No commitment. Thats why affiliate marketing.

    And you can still gather email addresses and sell to the same people over and over again.
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  • Profile picture of the author Troy_Phillips
    There are a lot of affiliate products out there ( no not there ... out there ) that pay 100% commissions .

    Our own warrior rap guru has made this an instant process.

    That is the only affiliate marketing I will do this year unless someone comes up with a closed program that I just can't turn down.

    Simply decide which products you want to sell.... make a freebie bait product that is relevant to it ....give it away for an email address and upsale the affiliate product .

    I see where Mr Puddy is coming from. I don't do click bank at all but do have a couple of hundred affiliates through pdc .

    Around 50 of them make some sales for me . One lady sells everyday , multiple times a day .

    pdc allows me to contact affiliates directly . I give away the profits on one product. The affiliates that are going all out get an invitation to higher end products in my closed affiliate program.

    It is smart to capitalize on both aspects if you can.
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  • Profile picture of the author WildJoe
    It keeps you busy, i dont like to do other stuff.
    If you create products you have to be good, else they will fail anyway.
    Just know where your good at, and stick with it.
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