Secrets To Succeed In Affiliate Marketing

The simpliest form of Internet Marketing is simply Affiliate Marketing. That is to say, you can make money off the internet EVEN if you do not have your own product, website, list etc.

I have mentioned in one of my articles that the wealth creation formula is Leverage. So likewise, the keyword to succeed in Affiliate Marketing is, leverage !

So How does leverage have to do with Affiliate Marketing ?

Build A List: The most important thing you always have to note is to build a list. Alot of people misunderstand that you need to have your own product to have a list. The question to ask is, if you have given so much time and effort to advertise and drive traffic to promote a particular product, would you want to do the same again when you need to promote a new product in the coming months ?

If you have build a successful list of 2000 subscribers in 6 months. When you wish to romote a new product, you can go back to your usual marketing method togenerate more customers and also simply send a recommendation to your 2000 subscribers of which, they are already potential buyers. This is call, recycling your list and you are leveraging your efforts which you have done for the first product.

Endless Traffic: Why do you advertise ? Because you want to bring interested people to your page. Because you bring them to our site, it also means you have a chance of making a sale. As such, the law of averages applies. If your conversion rate is 30%, you will make 3 sale for every 10 person who visited your site.

Now, you can leverage on getting endless traffic on sources like ezines, email advertisment, forums etc. You see, the medium is already there for you. These are the place people will go to either to read up an article or participate in a forum discussion. Your ad/link is there for as long as the medium is there. Therefore, you are leveraging on mediums that is already well known and visted by many, thereby increasing your chance of free traffic.

There are other ways of getting endless source of Free Traffic from the web. You heard it right, free traffic if you are work on a budget.

Joint Venture: Now, you have endless traffic to your site, which continues to build your list. Once you have a decent list, you can even seek to ask for joint venture with other people or gurus of your niche market. So now, you use your list to "exchange" their list, in one way, its leveraging on his efforts in the past and he is leveraging your effort. One way or the other, both of you win in the trade off.

The good thing is, now you have new subscribers from his list after you made a new sale. That means that you now have a bigger customer base and not only did you earn a decent amount from your last Joint Venture, you hve just give yourself a bigger chance of a bigger pay cheque in your next product !

There are alot of other ways in which you can use to bring more success into your online business. Some of which are found in Ewen Chia's Auto Pilot Profits which I highly recommend as good read for everyone who wish to succeed in Affiliate marketing. There are in fact tons and tons of information which you can use on your online business

The key point is again, Leverage. No matter what you are doing, if you can instaill leverage into your business, you are in fact building a future or business in a "less effort, more money" theory.

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