5 Affiliate Marketing Facts of Life

Affiliate Marketing (AM) is fast becoming a major trend in line business. With the internet still in its adolescent years, it has already established itself as an extremely viable career opportunity, bridging the advertising gap for companies, while providing much sought-after work at home revenue.

With the boom in affiliate marketing, however, there is a growing wave of new marketers that become easily discouraged when the initial hype wears off and they don't understand what to expect in the business. For those just entering the arena, here are a few Facts Of Life about Affiliate Marketing:

1) YOU WILL HAVE TO INVEST SOME MONEY

Affiliate marketing being a hybrid of the independent contractor & the self-employed small business owner, it is inevitable that some money be invested. While a contractor might earn a base pay + commission, they also have little or no control over product, promotion or price. And, while a self-employed owner controls all these, they also pay all the bills.

But an AM is neither. They don't control price nor, once they sign up, product. But they do control promotion. And, unlike a self-employed worker, they bear only a fraction of the costs. The advertising fraction.

So, the bad news is affiliate marketers do have to invest some money, at some point, even in the best programs or scenerios. But this has also become a growing trend in all sales positions, as well as positions in all industries. Many positions include a certain amount of investment. Any job that requires a uniform, for example, means investing in special clothes. Plus most realtors must pay for their own advertising.

The good news is that, unlike other sales positions (but similar to small business), the AM controls that cost because they decide on which advertisements to invest.

The best news is that many companies, like Plug-in-Profits (http://trackermo.com/pips.html), now offer great affiliate support and will guide the new AM until they understand the business and can stand on their own two feet.

2) YOU WILL HAVE TO INVEST SOME TIME

Affiliate marketing works on the slide-rule effect. That is, the more effort the AM invests, the richer the dividends. And, like a microcosm of a career, the AM works their tail off in the beginning-- then works less and less as their sales build. But this can be measured in months, rather than years (thus, the mirocosm).

Still, many enter the AM arena thinking all they have to do is sign up as an affiliate, then sit back and reap the rewards. And that's just when they should be getting busy. The rewards will come, but not until they've put in their time.

The bad news here is to expect to eat, drink and sleep marketing-- at first.

The good news is that, according to experts in the field, an affiliate can expect to see a return on their investment within the first 3-9 months, depending on how much time they spend at it.

3) YOU WILL GET BURNED ONCE OR TWICE

It's inevitable. Either by paying astronomical fees for hosting, for leads or for some other service (not to mention, the existence of scams), it happens. That's why "expert" and "experience" have the same root word. It takes experience to know what's going on, how to spot a scam, and to know a good opportunity when it arrives.

The good news is, experience is the best teacher of all. And a new AM will soon learn from their mistakes.

4) YOU WILL HAVE TO UPDATE YOURSELF

The internet has been called the most fluid industry ever. That's a poetic way of saying it changes faster and more often than a body of water. Engineers call it expotential growth, though it's more reminiscent of growth on a cellular level: Rather like a baby starting as two single cells and, in short nine months, becoming a fully formed infant. Or, like a pyramid scheme that really works!

Whatever the analogy, the point is the internet is constantly, incessantly, (sometimes annoyingly) changing. What was vital two years ago (SE placement, keywords, Pay-Per-Click), is now becoming passe, replaced by new types of more effective marketing techniques (PowerLinking, Opt-in lists, pay-per-buy).

All of which leads to--

5) YOU MUST BE PRO-ACTIVE

To keep the revenues up, AMs must find good resources to monitor the business. Newsletters, forums and affiliate resource pages all become vital to watching the latest trends. They are filled with the latest information, the latest ideas and the newest concepts in advertising.

Also, in the case of the AM with their own website, that must be updated occasionally, too while the affiliate landing page will be updated by the company. But when an AM opts for their own page, they must be aware that every few months or years, a new enhancement takes off. Right now, the latest is audio and or animated spokespeople.

Once an affiliate marketer arms themself with these facts of life, they have a very good chance of succeeding in this new arena.

About The Author
Marige O'Brien has worked as a writer, web designer and, most ecently, internet marketer. Her own website can be found at http://www.trackermo.com

http://store.xiiiv.com/rss
In The News:

Form 424B2 CITIGROUP INC  StreetInsider.com

Focus on Success ? How To Make Affiliates Work For You

How do we go about getting success with affiliate programs... Read More

How To Attract Affiliates

One of the biggest fears new Affiliate managers have is... Read More

How to Become a Super-Affiliate

Did you begin your affiliate marketing business like this? You... Read More

Choosing a Niche Market to Promote ? Affiliate Marketing

I think it truly goes without saying that there are... Read More

10 Tips To Help You Create Your Own Money Making Affiliate Program

1. View your affiliate program as a partnership between you... Read More

11 Awesome Ways To increase Your Affiliate Commissions!

Let me ask you a simple question. "Now that you... Read More

Dont Even Think About Affiliate Marketing Until Youve Read This - Part 1

You've probably heard some of the affiliate success stories from... Read More

Making Money with Affiliate Programs ? Part II

In this holiday season online shopping is hotter than ever!... Read More

The Best Affiliate Programs Increase Your Website?s Earnings Potential

Taking full advantage of your website's earning potential is as... Read More

WHAT! Internet Etiquette / Net Etiquette?

Many people know how -- and do conduct themselves in... Read More

Why Start An Affiliate Program?

As any business owner knows advertising can be a very... Read More

Never Get Burnt by a Cycler Program Again!

A cycler or doubler that offers nothing of real value... Read More

Three Critical Affiliate Marketing Tips For Higher Commissions!

Affiliate marketing is quickly becoming a very specialized form of... Read More

Why Arent You Making a Ton of Cash as an Affiliate?

5 keys to you becoming a successful affiliate:1) HAS THE... Read More

Affiliate Marketing Pros and Cons

Want an online business with a win-win opportunity for both... Read More

How to Easily Increase Your Affiliate Commissions in Two Days or Less?

Clearly, the people benefiting the most from affiliate programs are... Read More

5 Ways to Start And Promote Your Affiliate Program

"What's the Buzz About?""I made $5,000 in one week""I quit... Read More

Common Mistakes Made by Unsuccessful Affiliates

A vast majority of successful online entrepreneurs are affiliates of... Read More

The Logic Behind Niche Content Profits

In researching most successful online businesses, you start to notice... Read More

Expanding Your Business With Affiliate Programs

Many people think that they can only get involved in... Read More

Is Earning Money With Affiliate Marketing A Myth?

Day 1 - What Are Affiliate Programs?Welcome to the wide... Read More

Learn How to Improve the Performance of your AdSense Account - Some New Features

Google introduced some new features to AdSense account. When I... Read More

Affiliate Program Mastery: Learn How To Build Internet Capital Goods for Free

As I mention in almost all of my articles, 97%... Read More

10 Hot Ways To Sell Your Products Like Crazy

1. Turn your ad copy into a story or article.... Read More

Best Affiliate Products, Where to Find them and Choose the Best ones

The BIG QUESTION on everyone's mind is...Can you make money... Read More

http://store.xiiiv.com/rss