I’m sure you’ve read on more than one blog how the best way to make money is to have something to sell. They will then go on to tell you that even though you don’t have a product of your own, you can promote other peoples products as an affiliate. All true but while you can make money promoting other people’s products the amount of money you can make from promoting an affiliate product is very limited!
Let’s look at an affiliate marketer who has a list with a thousand subscribers. He’s just started using a new theme and he excitedly emails his subscribers telling them how great his new theme is. Let’s say that 10% of his subscribers click on the link. That means 100 people are now checking out his affiliate product. Now let’s say that 10% of those follow through and buy the theme. So out of the thousand subscribers he has made 10 sales! Now what?
In desperation he will email his list again, and again trying to sell the same product. After several attempts and banging his head against his keyboard he decides to promote other affiliate products thereby flooding his subscribers with more and more emails. This explains why you get so many of these emails in your inbox.
The Problem With Affiliate Products
This is true even of the so called pro bloggers. I’ve seen some who have promoted a particular theme saying it was the best ever theme. Then some time later I notice they now have a new theme which they are promoting. Is that because they no longer believe in their old theme or because sales of the old theme as stagnated and they had to do something to get more sales? What better way than by finding a new theme to promote.
I believe this to be greatest failing of promoting affiliate products. You will never make enough money promoting just one product. How long do you think a department store would last if all they sold was one product? Not very long at all!
You Can Make Money As An Affiliate
So while you can make money selling affiliate products it will take a lot of effort and work. Naturally the more traffic you get and the bigger your list the greater the potential to make money. Being the person that I am I prefer finding easier ways to make money.
Everybody wants to know the best affiliates to join. I can’t blame them either because it’s only natural that those who join the best affiliates make the most money. This isn’t necessarily true though because even if you join one of the so called “best affiliate” you’re not going to make much unless your SEO attracts the right traffic.
Another problem is that not all traffic is the same. The good traffic is the one that converts. Unfortunately most traffic does not convert. What you need is targeted traffic. Traffic that landed on your site because they’ve searched for a particular word or string of words. This is the sort of traffic that is more likely to convert.
Getting targeted traffic is the reason why niche blogs are more successful than non niche blogs, I found that to be true when I started my niche blogs. But then again not all niche blogs are the same. Some convert easier than others. My lottery blogs for example, Buy Online Lottery Tickets and Get Online Lottery Tickets, make me a lot more money than my Top Sexual Aids blog. Not only do they get more traffic, any and all customers become mine for life. That means every time one of them buys a lottery ticket I get my commission from the sale. If you’re interested in getting in on this profitable niche you’ll find all the best affiliates to join on my Become A Lotto Affiliate page.
The Trouble With Amazon
Although Amazon is a great affiliate it has one major flaw. It’s commission rate sucks! If that wasn’t the case I would say that Amazon would be one of the best affiliates. Check out the image below. It shows you the commission I earned on one product as a Cashburner affiliate. As you can see, I earned $29.98 on a $59.95 sale. The same sale would have earned me about $2.40 on Amazon!
Actually I was thinking of listing my best affiliates as step 6 of How To Make Money Online. Or perhaps I should dedicate a whole page to it? What do you guys think? Heck, either way you probably should subscribe so that you don’t miss out on future updates.
There are a lot of bloggers who blog simply for the joy of it but more often than not bloggers appear because they’ve read somewhere how easy it is to make money online blogging. Unfortunately, regardless of what they’ve read blogging for money is not that easy. If this is true why are there so many blogs out that that tell you otherwise? Because they have something to sell. Let’s face it, people bullshit when money is to be made.
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