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Continuing on from the last post, I believe that earning a profit is pretty hard to accomplish with affiliate marketing or mlms.
As mentioned earlier, joining one of these programs is easy to do, it is making it profitable is the challenge. The major obstacle is:
HOW DO I GET CUSTOMERS?
Nearly all of these programs upon joining give you a mirror website or your own special link that keeps track of your referrals and sales and this is how you, of course, get paid.
Now, I don't intend on being mean, but most of us (me included) are not high tech network marketers that know everything about the Internet and how it works. (And I don't pretend to either) That being said how are you to get customers?
First, most of us will tell our friends and family with the hopes they will support your new venture. Some may, and that's great, others will think your CRAZY although they may not tell you directly. Sooner than later that supply of contacts is going to run out and that my friends turns into a major problem. You need new customers that want whatever it is you are offering.
This is where home businesses FAIL! You now figure that you need to get the word out generally through some form of advertising. Most of us will first try our local community through signs on the corners of major intersections or maybe through the local newspaper. Both are worth a shot, corner signs usually do not last long as they get taken down after a short period of time, and most newspapers will not allow ads that promote affiliate or mlm (multi-level marketing)to run in their classifieds; so be careful how you word your ads.
Now doing these types of advertising, costs you money; buy, creating, and posting signs or publishing an ad in the newspaper can get pretty expensive therefore their goes any profit you may have been making.
The sad truth is that people dump all their extra money and probably their savings into advertising (I've been there!) trying to make this dream venture work which is admirable but unfortunately, they end up with nothing to show it!
PART #3 on Affiliate Marketing coming SOON!
Monday, March 8, 2010
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