Affiliate marketing has the lowest barrier to entry in the field of internet marketing, maybe that’s why there are so many misconceptions. No more silly myths, let’s take a look at the truth for a change.
A popular myth circulating about affiliate marketing is that all affiliate marketing programs must be all the same. In reality, there are several different types of affiliate marketing programs, formats and structures. Some programs offer Cost per Action, while others might be Cost per Sale or Cost per click, and still others offer payouts on tiers of referrals or even recurring commissions. Each of these options is still considered affiliate marketing, but they have different functions. With Cost per Action, you’re paid when your prospects complete a specific action, such as accepting a free sample or a free trial or even just leaving an email address. Cost per Sale is self-explanatory, in that you’re paid a percentage of the sale amount you referred to the merchant. Cost per Click is just when you put some ads on your site and you get paid each time a visitor clicks on them. All these programs share the same fundamental affiliate marketing principles, even though they are different. They share their revenues based on how many clicks, sales or leads you get. This goes on to show the potential affiliate marketing has and what it can do for you. It’s one of the easiest ways to make money online and there is absolutely nothing that comes close to it in terms of flexibility and startup ease. However, it’s important to ensure that you always stick to the rules and conditions stipulated within the affiliate program. Avoid spamming anyone, keep to those rules and you’ll be fine.
Another affiliate marketing myth is that there is just too much competition to deal with. The real fact is that the competition is much lower than you actually think it is. Don’t get scared when you see that an affiliate program has thousands of affiliates promoting that product. Most affiliates may signup to promote a product but they never do any work to many sells. In other words, there may be 1-5% of affiliates who sells 95% of the products. If you still are scared then you can choose a product or niche that has less “competition.”
Another silly myth is that affiliate marketing is a spam. The fact is that affiliate marketing is a great opportunity to sell products and earn a commission from it. The reason this myth cropped up was because there are affiliates who indulge into spamming activities, bringing bad name to the industry. But the overall affiliate marketing system and the networks running them are genuine and pay thousands of dollars in affiliate commission every month. In fact, quite the opposite, they do everything in their power to remove spammers and make sure no spam is sent out. They are totally against spam and take all the measures they can to make sure it doesn’t happen.
These myths are out here to stop you from becoming a successful affiliate; the only questions, are you going to let them?
If you are into affiliate marketing, list building, SEO and ADSense than you should really check out my Affiliate Marketing Blog to find the latest tips and valuable information. If you want to start your own SEO business than you should really look at Daniel Tan’s SEO Business Box course as it will show you how he built his own SEO business.