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The
Big Affiliate Lie
By
Terry Dean
Top
affiliate marketing experts tell you that only 1
out of 100 affiliates ever really do anything
with the business. Yet, they tell everyone how
much money they can make as an affiliate! Do you
see a problem here?
Having a 1%
chance of success is not the kind of business I
want to start. That's even worse than the
average retail business...No thanks. It's a good
thing you don't have to accept those
odds.
Those odds
are for the average "Joe." Let me tell you how
the average Joe markets the affiliate
program...including their thought
process.
They see an
affiliate program paying 50% commission and
their mind jumps to attention. They can make $50
off every $100 sale...They don't have to write
any ads...and all they have to do is follow the
step-by-step system already laid out for them.
In
other words, they don't even have to think
either! They jump at the chance and sign up for
Free.
They get the
instructions emailed to them from the affiliate
manager. The instructions tell them to take this
5 line ad and place it in ezines. So they say,
"OK, I can afford $40 for an ad." They place the
ad and one sale occurs. Good. They at least made
a $10 profit.
They say,
"Hmmm, maybe that ezine wasn't that good of
one." So they place two more ads for $75 and
$100. One of these ads does well and makes 2
sales. They earned a $25 profit (paying $75 for
the ad). The second ad only made one sale. They
lost $50 on this one (since they paid $100 for
the ad). They have now made 4 sales, and have
lost a total $15.
They give up
on this affiliate program in frustration. They
join another affiliate program hoping this one
will be answer. Maybe that last one just didn't
sell good enough. This new affiliate program
tells you to place "Pay-Per-Click" search engine
advertising.
He
says, "Yes, that's the answer. They had me
placing the wrong advertising!"
Average
"Joe" now spends all day coming up with
keywords. He finds out that there aren't many 1
penny opportunities out there anymore...and that
you have to spend 10 cents, 20 cents, or more
for most of the keywords. So he ends up paying
$100 the first month for clickthroughs and makes
3 sales.
This
affiliate program pays the same commission so
this adds up to $50 in profit. The same amount
of clickthroughs occur the next month, but only
2 sales occur. So, average Joe just breaks even
this month.
So
average Joe gives up on this affiliate program
and joins a new one. This time average "Joe"
says, "I know the secret now. I have to only use
Free advertising." So Joe spends 10 hours
writing his first article and sends it out to
ezines.
One
of them runs the article and 1 sale occurs. So
average "Joe" earns $50. The only problem is
that this breaks down to only $5 an hour once
you count the amount of time spent to produce
this sale. Average "Joe" could have done a lot
better working overtime at their job!
So
average "Joe" says forget it to the whole
idea...
Let's take a
look at what happened. Sometimes money would be
made. Other times money was lost. Do you notice
who makes a profit no matter what happens...and
never has to risk a penny? That's right. The
affiliate manager makes money no matter what!
The
average affiliate may earn or lose money. The
affiliate manager only pays them when they
generate a profit. So the affiliate manager wins
on the deal whether the advertising system they
write up for their affiliates works well or
not.
The
deck is stacked against the average affiliate.
They only had a 1% chance of playing this game
and winning.
Let's change
the odds.
The
big myth of online affiliate programs is that
someone will "hand" you a good income. All you
have to do is sign up for Free, and it's like
money in the bank. Most people realize this, but
the affiliate program managers make it sound so
easy sometimes.
The
key to becoming a successful affiliate is to
stack the deck in your favor. This will shock
some people, but I'll say it anyway.
The
best way to succeed in an affiliate program is
NOT to lead people to the product site. The best
way isn't to build a mini-site that leads into
the product site either. Both of those methods
promote the affiliate manager...and leave you
out of the profit loop.
The
best way to make money in affiliate programs is
to build an opt-in email list and then promote
one affiliate product after another to your
list. The purpose of your web site is to build a
list. If you're doing anything else with it,
then you're missing out.
Focus on
building your list...and then selling the
products you affiliate with. Then, you become
the one in control. It's your list. If you want
to promote Suzy's product, then you do it. If
Suzy doesn't pay you well enough, then you can
promote someone else's product. You still OWN
the list.
You
can change income streams, but you own the
RIVER.
Terry Dean's
Brand New Fr-e eBook, "10 Quick and Easy Ways to
Increase Profits to ANY Web Site Overnight!"
Reveals More Time Tested Proven Internet
Marketing Secrets Than 99% of the Paid Products
Available...Showing You Step-By-Step How to
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Drive Your Profits Through the Roof: http://www.bizpromo.com
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