Thursday, March 19, 2009

Start Your Internet Business - Make Money From Affiliate Marketing

START YOUR INTERNET BUSINESS - MAKE MONEY FROM AFFILIATE MARKETING
The internet is a vast place which resembles the earth a few centuries ago, in the sense that it still remains a somewhat unexplored territory.
Indeed, although there are literally thousands if not millions of players, the fact is that there are a lot of areas of internet business that have not even been looked at by many people, and even those which have been flooded with competitors still offer profit potential for a whole new crowd of online business entrepreneurs.
A common misconception of many people is that nowadays the internet is too competitive and that a newcomer cannot expect to succeed running against the big dogs or more seasoned internet business owners.
This is a conception truly divorced from reality, because as I said before, there are many players right now taking advantage of the various ways to make money online, but even in their presence, there is still too much business to be done and too many niches to be filled.
I personally started doing business with affiliate marketing not that long ago, and it has been this very business model which has allowed me to make a living entirely working over the internet, and believe me, I tried e-tail, surveys, you name it, but it was affiliate marketing which from my -then naive- perspective offered the greater profit potential.
However, I started tackling affiliate marketing one step at a time, never minding how much money I was making, because I was aware that results would not come in an instant, that is just the way a business works when you are just starting.
One dilemma I faced was: should I start by attacking what some call "virgin niches" or should I go for popular niches, because as you may have guessed, the first one will have less competition, but on the other hand, it might not have the same number of hungry prospects waiting for your message, whereas the more popular niche will have a whole bus of people competing against you, but on the other side you will have a massive crowd of hungry costumers.
As hard as it seemed at the time, I decided to go for the second option, and what you know? Within a matter of days I started watching my sales take off, because indeed, I suppose there were hundreds or maybe thousands competing against me and probably many of them were making a lot more money than me or maybe not, I do not know, but regardless of that, I was getting results out of my actions.
I managed to do this because I had an edge: I knew what I was doing. Sounds too simple right?, but as simple as it may sounds, that is just the way it was. For some time, I simply was not doing things right and I had many holes within the strategies and methods I was using.
I devoted many hours of my time trying to figure out how things worked in this business, an effort that helped me a lot, but it was only until I got the edge of having access to quality educational tools and resources that things started turning around.
Lesson - Starting an internet business requires mainly one thing: know-how, and affiliate marketing is definitely one of the best ways to go if you are short on time, short on cash and yet you want to build a true business with an actual potential for growth.

WAYS OF MAKING IT
There are those who have been dabbling at affiliate marketing for years who have not yet become successful just as those who launch their first campaigns to find the success they desire right out of the gate. Most people fall somewhere in the middle of this scenario. If you want to jump start your success as an affiliate marketer, put some of these tips to work for you.
1) Discover your niche. Your niche should be something that is near and dear to you because you will be spending an extraordinary amount of time learning about, researching, reading, and networking within the niche. It should also be a niche that people are passionate about and, more importantly in this economy, are spending money in. The more you know about the niche to begin with, the easier it will be to network, blog, and write about it. Although there is no rule that says you can't be extremely successful in learning about a niche that you are marketing from the ground up. Just be prepared to spend even more time researching.
2) Find your hungry market. It's not enough to simply build a website and expect the traffic to come to you. That isn't how it works. In many cases you have to go to the areas of the Internet where your target audience is hanging out and hand feed them crumbs to make them hungry for the bread, butter, and meat you have to offer them.
3) Give people on the Internet a way to find you and the products you have to offer. In other words, establish your presence on the World Wide Web and carve out a little spot for yourself and your niche. Create a brand and work hard to get the word out. This is one thing that the average affiliate marketing newbie fails to do adequately and can make all the difference in the world to your success. You can do this by creating a website, Squidoo lenses, blogs, social networking, forum participation, article marketing, and pay per click advertising just to name a few. There is something you can do on almost any budget that will get the word out about your affiliate marketing venture.
It is not necessary for you to become an expert in order to make money. You will find that an affiliate marketing newbie is born almost every minute online (if not more often). Your goal as an affiliate marketing newbie is to find your own success so that one day you can move on to help others get through this exciting and frightening stage of the affiliate marketing life cycle.