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How To Succeed In Affiliate Marketing

How to Succeed In Affiliate Marketing --  Seek Knowledge and Embrace Change
How to Succeed In Affiliate Marketing — Seek Knowledge and Embrace Change

How To Succeed In Affiliate Marketing

Affiliate marketing or Online marketing, has become very popular and has grown a lot, and because of this, there are always strategies that work today that may not work tomorrow.

So to remain relevant in the field of affiliate marketers you’ve got to keep yourself informed on the latest tactics, and one of the best ways to do this is to be apart of a platform that is always upgrading with the most up-to-date information and tools.

Affiliate marketers can make an income of more than five figures per month, at this level affiliates are often referred to as “super affiliates.

But unfortunately not all affiliate marketers reach the level of super affiliates. Here are a few tips on how to succeed in affiliate marketing.

How To Succeed In Affiliate Marketing

Anyone can succeed in affiliate marketing,  but it will not come without some hard work and a lot of commitment.

A typical super affiliate also possesses persistence, patience, and a thirst for knowledge.

There are now over 4.75 BILLION people using the Internet, and regardless of the direction you choose online, there is a very large number of people there that you can connect with and leverage to create a business online.

Anything NEW Can “Appear” to be Overwhelming at First. but  Don’t worry, you will quickly get the hang of things!

Success is a Journey. Success is very cumulative by design. This means that everything you do now, and every step you take will contribute towards your personal success in the future

Find a Unique Niche

The mistake that many affiliate marketing hopefuls have in common is that they try to offer everything under the sun rather than focusing on a specific niche market.

When choosing a niche it is best that you do not scatter your efforts. Focus on your niche, promote it, and sell it well.

A common mistake that new affiliates make is to rush through the research phase. It’s important to take your time figuring out what area is right for you and what will set you up for success. Ask yourself:

  • What am I interested in?
  • Do people spend money in this niche?
  • Are there products to promote?

Explore the Categories

Generally, topics fall into four different categories: Passions, hobbies, problems, trends.

Passions are things like fitness, causes, and lifestyles. They are typical elements of people’s lives that take up a substantial amount of emotional and physical energy.

Hobbies are things like chess, golf, and canning. These are also important parts of people’s lives, but they are generally approached with less intensity than passions.

Problems are things that people believe to add suffering to their life or impede their progress.

Trends are things that are currently gaining a lot of attention or traction.

Explore markets and products

Explore the market. To find what area are people spending their money, and take a look at what kind of products are out there related to the topic/ niche.

Narrow it Down

Some common mistakes that some affiliate marketers make are going too wide with their area of interest. Narrow down your niche.

Be more specific with your niche, this e reduces competition and provides a particular audience to reach.

A Quick Look at How YOU Will Be Creating Success.

Success online is very simple at its core. There is a 4-step business building process that you are going to be learning here at Wealthy Affiliate. Here is a quick diagram breaking down the process.

Broken, down, the process looks like this:

Step 1: Choose an Interest. This can be anything at all, any interest, passion, or even something you have no personal experience with.

Step 2: Build a Website. Your website is your foundation and we have the most sophisticated and feature-rich website and hosting platform here at Wealthy Affiliate.

Step 3: Attract Visitors. You are going to be learning all about how to get traffic and visitors to your website. The first focus is a FREE traffic and there is A LOT of it out there.

Step 4: Earn Revenue. Once you have people on your site and traffic, you can earn revenue. There are over 50 ways you can monetize traffic online and over 550 MILLION products/services that you can promote as an affiliate

Know Your Product, Know Your Audience

Your website is a resource for consumers. It is important that you take the time to learn about the products or services that you’re offering, as well as your target audience, this will help you to create content for your website that builds your credibility, and trust.

If your audience does not have trust in you then it’s more likely that they will not purchase from you.

 Protect yourself and diversify

It is best to promote products from different merchants within your niche. This way, if you have a problem with a merchant or their products may not convert well, the effects on your business will be minimal.

Pay close attention to agreements, watch out for exclusive agreements. Agreements that have an exclusive clause could limit you from choosing to do business with other merchants.

Protect yourself and diversify so that you do not lose sales if something goes wrong.

This is your business, and there is absolutely nothing wrong with promoting niche products from different merchants.

Increase your  Knowledge and Embrace Change

With internet marketing, there is always the possibility that what worked three months ago may not work today.

Stay up to date on the current trends. Further your knowledge, and start by learning something new about affiliate marketing daily.

To be a super affiliate you must always spend time learning and embracing the changes in Internet marketing.

This can be done by being a part of a platform that is active in updating their information and tools along with reading blogs by leading affiliate marketers.

Giving  Up Is Not An Option

Many people who try affiliate marketing give up if they don’t see immediate success.

Set realistic expectations at the beginning and carefully monitor your statistics to see what is working and what is not.

Make changes when necessary, and you’ll likely start getting more payments. Remember that becoming a successful affiliate marketer will not happen overnight.

Wealthy Affiliate

You can build a platform to promote your products on, by starting a blog, create a brand, get a website, and create a mailing list and you could find the instructions on Google if you know where to search

You could also do it the easier way by joining a platform like Wealthy Affiliate that has everything you need to build a successful affiliate marketing business,

On the Wealthy Affiliate platform, there is a very active community, that always comes to your rescue when asked.

Community members are always sharing their experience in solving a particular problem which will add to your knowledge.

If you have been thinking about starting an online business, but not sure how to, you can join Wealthy Affiliate, FREE of cost, do the 10 lessons course and at the end of these courses you will have a business up and ready,

You will get a chance to decide if it something you want to do, and the good thing is it would have cost you nothing.

Wealthy Affiliate has been in operation for over 15 years and has members across the globe, this platform is not only for newbies but is for anyone even experts, give it a try now, it is free to try.

Thank you for your time it is appreciated, I look forward to receiving your comments and questions,  and please remember to share.

.NOTE:  This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you)

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Is e-Commerce Still Profitable Today —With The Need To Do Business online e-Commerce Is Very Profitable Today

Is e-Commerce Still Profitable  Today ---With The Need To Do Business online e-Commerce Is Very Profitable Today
Is e-Commerce Still Profitable Today —With The Need To Do Business online e-Commerce Is Very Profitable Today

Is eCommerce still profitable today?

With the pandemic that caused lockdowns and people losing money by either working fewer days or hours.and the need to supplement their income more than ever before people are looking to eCommerce as a way to earn extra money, so the question is can money be MADE   in e-Commerce, Is e-Commerce still profitable today?

This is the big question being asked today, but first just what is eCommerce?

What is eCommerce

According to Wikipedia

E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry and is the largest sector of the electronics industry.

In essence, eCommerce is electronic commerce. It refers to the buying and selling of goods and services online.

It also involves the transfer of money electronically to pay for sales.

Most of our daily lives have something to do with eCommerce whether it is for buying or selling physical goods or services such as training and coaching programs, especially in the year 2020 when a pandemic has caused people to work from home or be educated electronically.

E-Commerce officially started in 1994. And due to its popularity, people have been wondering if the industry is saturated.

e-Commerce has grown in popularity because of its low cost to set up and depending on the type of e-Commerce b business, you need little or no staff so it is a low-cost setup and has the potential of high returns.

Types Of e-Commerce Businesses

  • There are four main types of E-Commerce businesses,
  •  There is the business to consumer
  • There is also a consumer to consumer
  • There’s the business to business
  •  Consumer to business

Business to consumer is where Businesses like Amazon and other online stores sell to a consumer.

Consumer to consumer This is when consumers can sell goods to each other, like Craig List or eBay, or Market Place on Facebook.

Business to business is when a manufacturer sells to another business an example would be software like Microsoft,  Microsoft sells computing devices, cloud systems and services, software, and other products to consumers and businesses.

Customer to Business That means you need to sell yourself just as much as you’re selling your service.

WANT TO MAKE MONEY ON-LINE? CLICK HERE

Can You Be Successful In e-Commerce?

Yes you can be successful in eCommerce, but like in any other business there are challenges to be met and overcome

E-commerce has become very competitive, so to be successful you must be able to stand out, and in order to do this you must find a niche

Find A Niche

Remember people can buy directly from the manufacturers these days so there has to be a value addition for them to buy from your store.

One of the ways is to create a lot of useful information on how your product can be used and you can easily do this by creating a website around your product and this can help lead to lots of sales.

Creating a website is easy on a training platform it takes only 30 sec. You can create your own website HERE and start your own online business

e-Commerce Can Be Profitable

More people are buying goods online, which has increased the profitability of many online companies.

But to remain profitable it is good to take care of your customers, treat your customers with respect and not like a profit-making center and they will buy from you again and again. This creates a thriving business.

Affiliate Marketing

To me, Affiliate Marketing is one of the best e_Commerce businesses, with affiliate marketing you advertise for companies like Amazon and get a commission from any purchase made from the link on your website.

With affiliate marketing there is :

No huge startup costs!

  • No selling face to face!
  • No stock to keep or manage!
  • No recruitment involved!
  • No taking of endless surveys!
  • No huge investment involved – (Get started for $ FREE)
  • And no working for someone else!
  • You can operate in any market you wish! – even your hobbies & passions!
  • Earn a full-time income & more!. No limit to your earning potential!.

In other areas of e-commerce, like having your own store where you are responsible for ordering and supplying goods, People usually buy from China because the goods are cheap and they feel they will make a bigger profit but it can lead to a lot of stress.

If you are buying your goods from an overseas source like China, which in most cases doesn’t offer sales support. This makes it very hard to know what to expect when you are buying stock. If clients don’t get what they ordered refunds and returns also take a lot of time.

People often complain that products bought from China are sometimes of low quality.

With Affiliate Marketing the profits may be lower but there is absolutely no great stress, there is no inventory, no staff, you work at your own pace, and you can work anywhere.

You do not need any knowledge of affiliate marketing.

At Wealthy Affiliate you can be trained, I think they have the best training platform, upon joining which you can do free you will get 10 lessons (free) at the end of these lessons not only will you learn about affiliate marketing but you will have your website up and running

There are also TWO more membership programs with lots more information and tools the Premium and the Premium+ Check it out on the website, Wealthy Affiliate .com

I must remind you, with a website you can go to any branch of e-Commerce, you can use the website as a tool for advertising your goods or services.

While Affiliate Marketing is not a get rich quick venture it can be very rewarding, you will need to have patience, be consistent, and as in every area to be successful you need to work at it.

Thank you for stopping by, If you are in any area of eCommerce I would like to hear your thought on the subject. Please leave your comments and questions it is greatly appreciated and remember to post.

.NOTE:  This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you)

Retirement Income Planning–Plan Today For Your Retirement-Making Money Online

PLAN FOR YOUR RETIREMENT
Retirement Income Planning

Planning for Retirement

We Baby Boomers are sometimes not well informed when we are planning our medical care especially when it comes to long-term medical care during our years spent in retirement.

We tend to put our hope and trust in Medicare which provides excellent health insurance. But it is not enough in paying for our medical costs. And doesn’t pay for long-term supports and services at all.

In a study by Fidelity Benefits Consulting, it is noted that a couple turning 65 today will pay an average of $220,000 in out-of-pocket medical costs before they die,

Continue reading Retirement Income Planning–Plan Today For Your Retirement-Making Money Online