Starting up an affiliate marketing business is very simple as it is a home-based business. There are other various costs you will have to incur when starting it up and make it function smoothly aside from setting up the real office at home.
Things like chairs and office tables among other home-based office equipments may seem a bit costly, though this will depend on your tastes, aesthetic sense and personal choice.
Other costs may be incurred when introducing yourself to the actual affiliate marketing sector. In order to generate additional revenue, you have to invest money in acquiring web space; you need to also register your individual domain name along with creating your own site and roughly you may require almost $100 each year to cater for recurring costs. You could lower these costs by making use of the template option when designing your website. Choose an aesthetic, clean, professional looking template and you have to edit it in order to place in your essential information. You must properly invest money, time and space in good quality content, although it takes patience and time, you have to ensure that your site will be easy for visitors to read and it must fulfill all the needs of an affiliate website. This will assist you in obtaining more hits that will enhance your target of generating more income.
You have to get professional writers to write the content of your website. They are usually expensive but it has to be so since it is worth it, and they may destroy or make your online existence. Let it be your choice to use the services of professional writers and do it with discretion, keeping in mind that this decision will eventually affect your set objective of earning an extra income.
The investment you are making now is investing in your future and success.
Be committed and passionate in keeping track of your investment and make sure nothing stops you from achieving your dreams of making that additional income.
As the phrase goes, -Rome was not built in a day-, therefore that extra income you want will not be made in one day either. In order to prosper in anything and everything, it will take some time. Patience and being able to persevere are very essential in building up any type of business. This article should have provided you with a few detailed techniques involved in starting up and creating a very successful business in affiliate marketing, and the path you have to follow to make that additional income you dream of earning through affiliate marketing.
You must keep moving and in no time, others will come to you for tips and advice on how to build and have a successful affiliate marketing business.
If you haven’t heard of RAPBank yet, let me tell you that they are revolutionizing the affiliate marketing world. Based on an instant payment model, both vendors and affiliates earn immediately after the sale, not weeks or months down the line. For the vendor, or product producer, this means that affiliates can market the product more aggressively, since instant payments can be funneled back into advertising without coming out of pocket. This means more money for everyone involved.
Setting up your own products to market through RAPBank has been made tremendously easier with the introduction of their List-n-Earn service. Prior to this introduction, if you wanted to sell your products with an instant payment program you had to have expensive software installed on your server. Set up basically took a degree in computer science or a well paid tech wizard to do it for you. But no more.
Once you sign up for RAPBank you can immediately begin offering products on their marketplace. There are basically two different options. You can list for a one time fee (as of this writing $10 or $20) with either a 10 or 20 of YOUR payments, not the payments your affiliates receive. This listing option is open to free associates. For me the $20 listing option is the better deal, because on a $20 product I only pay $20 on 10 personal payments not $40. So I earn back that $20 quickly. The second option is to list your product for free once you become a paid member. There are too many other benefits for paid membership to list here. But this is one major one.
To list your product you basically download the list-n-earn package from RAP bank. This includes a set of files and folders that you install on your web server, and an instruction manual. I was kind of scared at first, because I am anything but a tech geek. But the process was amazingly simple. You install one folder to your root server, and just leave it there, no changes necessary. You install a product folder for each of your products and name it to whatever you want. You save your sales page, thank you page, and error page to the “templates” directory in your product folder, and submit your product to RAPBank.
As you go through the listing process, you are given a product id that you then insert into one line of one file within the product directory. You change one line in another to your domain name, and set all your sales links to a set code. NO multiple PayPal buttons to generate and paste, just one link that stays the same across all your pages. It was really not difficult at all. Once you have everything set, you simply submit the product, set keywords and descriptions, and wait for approval. And that is IT. From there it is autopilot. A quick and easy process, that will have payments hitting your PayPal account as soon as your affiliates make sales. It couldn’t be easier.
After studying my own case and many of the others from many newbie affiliate marketing people that I have known over the years it is very common to see a few of the same mistakes that were made. We all make mistakes and marketing online is not easy. There are some mistakes that you can avoid just by knowing what they are, however.
By not making the newbie affiliate marketing mistakes you are going to find below you can save money, get to a full time income sooner, and have a more narrow path to travel to get your business up and running. This will help you quite a bit and you just have to be aware of what to look for with each mistake.
The Top Mistakes Found in Newbie Affiliate Marketing
1. Fear of taking action
The number one thing that I have seen in newbie affiliate marketing is that the new marketer is afraid to take action with the plan that is in front of them. I see it every day with the plan that I offer and about 1 out of every 4 people actually tries to use it. About 1 out of every 10 actually make it all the way through the plan.
This is no surprise, however, because many people are lazy and have the wrong idea about what newbie affiliate marketing actually is. Many think they can just hop online, put up a website, and poof they will be rich and never have to work again. This is not true and online marketing is hard work.
2. Program hopping
Another big one that the newbie affiliate marketing people spend a lot of time doing is program hopping. This one can get expensive and I am guilty of it as well. When I first started I hopped from one $30 program to another and probably spent nearly a grand in total before I actually started to make money online.
The funny thing is that when I was starting with newbie affiliate marketing I ended up finding the method that made me money for free. I got a free report about article marketing and I still use many of the same strategies from it today. It is amazing that all the programs I paid for I never made a dime from, but a free one got me to make money.
3. Stick with one method
The main reason I never made money with the programs I paid for is because I did not stick with them. I hurried onto what I thought would be the next best thing instead of finishing all the steps that were in the program I already had. This is another big mistake and you really do need to stick with one marketing method until you have it mastered.
Why Article Marketing can Make Newbie Affiliate Marketing Easier
Article marketing is basically writing and submitting articles to different directories with a link to your website or blog in the resource or author bio box. This will bring your site or blog traffic and this is a good way to get started with newbie affiliate marketing if you are looking to get started for very cheap or even free.
There are many article marketing guides out there and since you will not be risking much money or any at all, depending on the method you go with, it is not going to put as much pressure on you. If you were to spend a couple hundred dollars on tools and guides for this method you may feel pressure to turn a profit faster.
With article marketing you can realistically expect to make money your first month, but do not expect it to be very much. It will take a few months to really build it up, but once you have an article out there in a directory it is out there bringing you traffic for a very long time. This means that you are building a business for the long term instead of the short term.
Article marketing has been around for many years and I have personally used it for nearly 10 years now. It is a solid method to help you get started and you can find many guides for free just like I did. This means that you can make your newbie affiliate marketing journey much easier if you go with article marketing as your method to get started.
Hard work was once the building block of every fortune, whether it was a successful online business or a remarkable internet business. While hard work certainly plays a part in any form of business success, its role in success for internet marketers and entrepreneurs is often overstated by people looking to make the barrier to success higher than it needs to be. There are really two schools of thought on this one; one believing that hard work and hard work alone is the key to success, and the other believing that a combination of determination and hard work, mixed with a massive amount of optimisation and smart work is the key to building a successful business, income, and lifestyle.
So, which side is right? There’s a large debate around this issue, with those who’ve made their fortune already keen to report the extremes of either side. We’ve all seen the gurus professing that you can make your million dollars in ten minutes, and we’ve also seen the hardened entrepreneurs and marketers that claim it takes years and years of hard work to get to that level. Both sides are packed with their fair share of scam artists and dishonest people, but the messages are real in both cases. Many businesses are built slowly over the years, and many snowball to success and large profits very quickly.
By far, the most common and important factor amongst successful online businesspeople and marketers is their ability to work smart, instead of just working hard. The smartest and most successful people all share the ability to hugely optimise their work periods, and selectively eliminate (or outsource) the irrelevant and unimportant work and information that often gets thrown towards busy people. In order to get to that level of success, a huge level of smart work is required, rather than just aimless hard work. The real problem comes down to definition. By definition, hard work doesn’t necessarily need to have a result tied to it. Smart work is the direct opposite. Smart work absolutely requires that you have a goal in mind when you begin it, and it actively requires you to remind yourself of that goal as you go on.
So, in terms of motivation, success, and optimisation, smart work wins out every time. With many simple tasks able to be outsourced or automated, it’s entirely possible to create a lucrative and highly profitable online marketing business without the need for any boring, uninteresting grunt work. With the massive possibilities available online for internet affiliate marketers, it’s very possible to focus entirely on the big picture and see incredibly lucrative returns. Don’t feel discouraged when you have a big pile of work in front of you, instead be selective in how you approach it. 10 minutes spend researching and understanding your workload can save you 10 hours in actually completing it, and make you free to focus on the most important aspects of your marketing. Don’t fall for the old maxim — hard work falls short of smart work every single time.
Why WorldVentures? This is the question that many ask me when they inquire about what network marketing company I am with.
There are many reasons that I chose a network marketing company in the travel industry and many more key points that caught my attention with WorldVentures.
A good friend came to me and asked me to take a look at her travel MLM company. I immediately told her I had tried network marketing before and didnt want anything to do with it. After avoiding her for a bit, her persistence paid off. I trusted her but the idea of vacationing more with my family and friends peeked my attention more and I finally took a look at WorldVentures.
What I saw in the presentation immediately got me excited. The products just made sense! The questions I asked myself were, would I rather pay wholesale or retail for my vacations? and do I book travel online or know anyone else that does? Both of those questions were no-brainers. So, basically it boiled down to having access to hundreds of wholesale vacations, getting paid when people booked travel on my travel booking site and building a residual income just by helping others do the same. OK, Im in!! But, wait, whats the catch? The kicker was, once I found out how well the company was doing and how fast it was growing, I realized there was none.
There are many factors in my decision to join forces with WorldVentures and I will highlight the main ones that stuck out to me.
1 ~ Product Travel and Vacations. I dont have to convince anyone to go on vacation or want to save money. Most people want to vacation more and save money doing it but they dont know how! Also, we naturally talk about our vacations, so its easy to share because we already do it anyway. The product stands alone even without network marketing and that was critical in my decision!
2 ~ Industry Travel is the largest industry in the world and is expected to double over the next 10 years because of the Baby-Boomers retiring. What do you think they want to do in their golden years?
3 ~Timing – WorldVentures is about 5 years young and still in pre-momentum. Meaning, they are past the point where most MLM companies fail in the first 2 years of business. Also, about 11 countries just opened and huge market share is available. Know anyone in USA, UK, Kenya, South Africa, Botswana, Singapore, Israel, Cyprus, Sweden, Germany, Malta or The Netherlands? If you do, these regions are wide open!
4 ~Leadership – Co-founders, Wayne Nugent and Mike Azcue have a proven track record of success! Plus, the addition of Dan Stammen, network marketing legend, as the chief marketing officer solidified it for me. Dan built a sales team which created over 660,000 customers for a New York Stock Exchange listed legal services firm. He has brought his marketing expertise to WorldVentures and built an online system for reps to build their business.
5 ~Training Awesome training system run by Marc Accetta. Marc helped take another MLM go to #1 on the INC 500 list and has brought the same training system to WorldVentures. I thought it was going to be a RAH-RAH session but instead it was nuts and bolts to help build the business.
6 ~ Compensation Plan – A binary system consisting of only 2 teams. This means that you could end up with someone on your team that someone else puts underneath you! When I saw how this worked I was blow away because it is so powerful and helps build the team as a whole!
7 ~ No Monthly Fees All I had to do was sell 4 products and my products and business were free. What?? No monthly overhead?? I know, thats how I felt! Most people will quit MLM because they are spending more than they are making. Help 4 people save money on a vacation and your fees are waived!!
8 ~ Industry Reputation They are the youngest company highlighted in Success from Home 2xs in 3 years and Your Business at Home in the first year. Not too bad for a company only about 5 years old. They received awards from Carnival Cruise Lines and Funjet Vacations and recently I heard that SEARS is now using the travel booking technology to book travel for their corporate website (Hmmmmchoosing WVs booking engine over the other big travel .coms.. kind of shows how well it performs if SEARS would opt to go with it)
So, all in all, the above highlights are the main reasons I chose to join WorldVentures. Not to mention the the integrity behind the company as a whole and always giving back. Whether its raising money for Big Brothers Big Sisters, creating a mission trip or helping change a childs life though their new Manifest Foundation, they seem to always have the right purpose in mind!
Oh yeah, I forgot to mention, the people are cool and fun! WorldVentures is a company that offers vacations, FUN and the possibility to earn money helping the people you care about do the same! Works for me!!