Affiliate Marketing Today
Internet Marketing world-wide is growing exponentially, and a large percentage of that growth is in Affiliate Marketing. In 2017, 48% of the world’s population, 3.6 billion people, had access to the Internet. Furthermore, this access to the Internet is fueled by the growth in mobile phones which now in some countries account for 37% of the Internet Traffic.
In view of this huge market, why is it that only about 1% of individuals starting in Affiliate Sales are making any money?
The answer is lack of knowledge.
If you search in Google Scholar for ” Internet Marketing Research “, you will find tens of scientific papers dealing with different factors determining the success of marketing campaigns. Marketing on the Internet is now a Science. You can not just use trial and error and expect to be successful.
If you are a beginner in Affiliate Sales you need to partner with people experienced and knowledgeable in this field in order to get success. I recommend that you get the required training at Wealthy Affiliate.
Training that Gets Results
Most training “gurus” tell us that to succeed in online marketing we need to choose a “micro-niche”, a small segment in a larger market. The micro-niche should be in a subject that we know very well or that we are passionate about. The thought is that if we have a passion for a subject we will be able to write more content, more engaging posts, and will be perceived as an authority in the field. As an authority we will have “warm” prospects for the product we recommend and thus earn more sales commissions. All the above is true and desirable, but you will not make money fast. It takes a long time to develop an audience. As a result, many would-be Affiliates drop out because they lack the persistence necessary.
The reality is that to make money we need many visitors to our website. Typically, only less than 1% of impressions, people exposed to our website, will click on the site and read the content. Furthermore, of those visitors only less than 10% will click on the link for the product we are promoting and view the product. Depending on the quality of the product, and the reputation of the brand, and the price, a certain percentage of visitors will actually buy the product that will earn us a commission. The key is numbers, we have to have a large number of visitors to our website if we hope to make a sale. Possibly several hundred visitors daily. A “micro-niche” does not assure many visitors, at least in the early stages.
Secret # 1
We have to recommend products that people are willing to buy, not products that we think they should buy.
We can find those popular products searching in Google, or viewing posts in Facebook, or if we are selling digital products, we can see what is trending in clickbank. But now there is a faster way.
Wealthy Affiliate has added a new platform for finding Affiliate Programs.
Wealthy Affiliate is a leader in Internet Marketing Training with more than 1,400,000 members. Created 14 years ago it has members in 193 countries. If you join Wealthy Affiliate, click here, you will see the current trends.
Choose a niche in either Popular Categories or Popular Keywords and your chances of making money online will improve drastically.
The above is an example of what is available in Wealthy Affiliate. It is a training platform, but much more than that.
Conclusion
There are many “secrets” for success in online marketing, but the most important secret is Training. Knowledge is King. I recommend that you try the free membership at Wealthy Affiliate for yourself and see if what is offered is of value to you.
There is a Jungle out there. It is very difficult to succeed as an individual. We all need a support group where we can share our experiences and learn from each other. Wealthy Affiliate provides that support group.
Click here on my affiliate link and sign up for the free membership. I hope you join us, so that we can move forward together, sharing knowledge for our mutual success.
Carlos
Further details presented in the articles below:
mymonetaryfreedom.com/affiliate-marketing-in-2019-what-is-it-and-is-it-for-me
mymonetaryfreedom.com/affiliate-marketing-for-seniors-a-right-fit
retiredreadyformore.com/wealthy-affiliate-review-no sugar-coating-here
Hey, I will have to say this was an awesome article and very helpful to someone starting out in affiliate marketing. This secret number 1 tip for affiliate marketers is to to get started and join quality opportunity like WA. I would have to agree this WA is a secret gold mine.
I will have to come back and see if you will be offering “secrets 2 and 3”. I have to say you have my interest peaked with your title. “Secret 1” Will you be giving us some more secrets to help us in the future? I hope so. This is going to make me look for what is to come, because I am always interested in improving.
I appreciate your information that is available with the Affiliate Programs from Wealthy Affiliate. I think having information as to what is trending can really help write more relevant articles. I always look at what is trending on Twitter. Unfortunately, it seems nothing I plan on writing about is ever trending. It might be that I need to be writing about something else so I can trend also.
What other types of information does the Affiliate Program provide? I do like the keywords that are offered as well. Is there other information that is also available? Is this the only place I can get this type of information?
Yes, I will be talking about additional secrets very soon.However,I believe that we should focus on one important subject at a time and implement what we learn.Choosing the right niche is critical for making money.I used to write about subjects I am passionate about,such as improving indoor air quality.And I will continue to do so. However,I concluded that to make money I must focus on the popular products presented in Wealthy Affiliate.There is too much offered at WA to describe in a comment.Sign up for free at Wealthy Affiliate and you will find out for yourself. Hope to meet you inside the Wealthy Affiliate community.
In truth, the best way to get started with affiliate marketing is to get valuable and constant training to know what works, will work. One should not just dive into the pull of affiliate marketing with the hope of just swimming till one gets the path right. Seriously, one would just end up getting drowned in it. Getting to be on platforms like wealthy Affiliate where one get to access training and support regularly, then success would be more possible to achieve. Thanks
You are absolutely right. One should get comprehensive training such as offered at Wealthy Affiiate. However, you must proceed in your education step by step, and implement what you are learning. But the message of my article is that you must make the first step right. If you build your castle on sand you will fail. Start with the right niche and build on step by step as outlined in your training at Wealthy Affiliate. If you persevere you will succeed.Thanks for your thoughtful comment.
It’s really weird that with how much the internet is bubbling, only very few percentage of people succeed online.
It truly boils down to knowledge, because without that specific step by step guidance, everything done is just on a trial and error basis which never guarantees success, and this leads to frustration on the long run and then to quitting.
Your first secret concept does make sense because it’s not just about attracting visitors to one’s site but attracting the ones that are already in the buying mode, which then gives better chances of an affiliate making sales.
But what if someone is already in a niche, and that niche isn’t really trending, what would you advice the person to do?
Your question about what to do if one’s niche is not trending,is a relevant one.It really depends on what is your goal with the niche.If your goal is to educate people on a subject you are passionate about then continue with your niche but monitor the number of visitors to see if you are reaching your intended audience.If you are not getting enough visitors then you need to promote your site on social media or with paid traffic.Honestly, maybe your content is not good enough . If you want to make money with your niche but your promotions are not working and you only get a trickle of visitors, then cut your losses. Start a new niche . We do not always find the right niche on the first try. Try again ,now you know what does not work.
Thank you for a well-written informative article. I, too am a senior citizen and I have seen many a promise to make thousands of dollars overnight on the internet. I always felt that there was a legitimate opportunity out there somewhere and I believe you have found it for me. What is the total cost of the Wealthy Affiliate program? Is there a lot of upselling after you join?
As a senior, my brain is pretty much maxed out. A load of techie stuff would be too much for me. I have plenty of time on my hands and could use some extra cash. I’m really not able to do much physically so if this program is the real deal, it seems tailor-made for me. Again, thanks for the info. I just might give it a shot.
Hello Cedric, The total cost for the premium membership is $49.00 per month and there are no upsells of any kind.However,I recommend that you sign up for the free membership without any further obligation.See for yourself if this is something you would like and would be of value to you. These days is easy to get into Affiliate Sales.In addition to the detailed training offered at Wealthy Affiliate there are standard templates to build a website, autoresponders to handle mail traffic, sales funnels .Much can be automated or outsourced cheaply to the technical guys that do this on a freelance basis.You can do this business from home and on your own schedule.That is what I do as a fellow senior citizen.Try it for free.Good Luck!
Carlos
Greetings – this is very informative post. For someone interested in affiliate marketing, it gives just enough information to try WA. Especially on a trial basis. What you say about the need for training is precise. A strong foundation is paramount and WA certainly provides that. However, I do find the need for a mentor for a more individual detailed instruction at times. Any suggestions?
___Nathaniel
Hello Nathaniel, You are correct in saying that a mentor would be of value for somebody just starting into Affiliate Sales.We always benefit from the knowledge of those who have gone ahead of us.The problem is finding a good mentor who is actually making money in Affiliate Sales. Many “gurus” make their money selling training programs but have never made money actually doing Affiliate Sales. That is way I prefer to follow the step by step training offered at Wealthy Affiliate. I strongly believe that the first step is the most important ,and that is to select a right niche for your business.That is my secret # 1. After we advance in our training ,getting advice on specific subjects is valuable. I try to read and research on specific subjects such as traffic generation and sales automation to get the detailed information that you suggest.
Thanks Admin. You make a valid point: regarding finding a good mentor who is actually making money in Affiliate Sales. Yet the claim is that money can be made.