Running my affiliate marketing like a business is the crucial element to success. You can play around with affiliate marketing and make a few hundred dollars a month OR lose a few hundred dollars a month if you're not careful, but if you run it like a business the sky is the limit(seriously!!).
There are a few things you must decide to do(I did) if you really want this to be a profitable business:
- You must think of it like a business and not a hobby.
- Keep careful records. This will help you set goals.
- Do professional research. - more on this below.
- Create real value for your customers - treat them like they are standing in front of you!
- Set goals and decide what exactly you must do on a daily basis to reach those goals. For example I have set the goal to start 5 classified ads a day, write one article a day, start one blog a week and one new website every two weeks. These are all very inexpensive.
- Ask for and get help when you need help. I'm always here to help, just ask!!
- Don't get distracted surfing. Easy to do!
I just can't stress how important it is to treat it like a business if you want to be paid like you own a business.
I have been burnt by adwords in the past and am not a huge fan of PPC(pay per click) advertising. I'm slowly trying a few campaigns, but find the methods I'm employing now to be much more effective.
I basically use articles, blogs, forums, opt-in lists and classified ads to generate my sales. I started with
USFreeads - they have free classified ads, but for only $10 a month you can post an unlimited number of ads. They've been very effective, not because of sales from the ads, but because they get indexed in the search engines and get traffic(targeted traffic which lead to sales). From the time I list an item until it shows on Google is about a week. Sometimes I will link to an ad from the bio box on one of the articles to help with search engine placement.
Getting help when you need it can be a huge problem. I am a big fan of the
Wealthy Affiliate membership site. That is where I go for answers - the forum is an outstanding resource. They have an eight week action plan that I'm currently in the process of completing. I won't go into all the resources they have, just visit the site if you want to know more - too much to list now. If you sign up send me an email and I'll give you my forum name and you can pm me with any questions or concerns.
There is literally success story after success story of people making their first sale, reaching their first $100/day, and people who just received their first clickbank check over $2000. It is pretty cool to see how many people have succeeded at
Wealthy Affiliate, and I am one of those.
I'm having the time of my life.