Saturday, October 18, 2008

Why 95% of All Affiliate Marketers Fail


By Mike Lombardy

It’s no hidden fact that 95% of all aspiring to be affiliate marketers fail. Visit any forum and you would find posts filled with frustrated sentiments. As a newcomer one often wonders does affiliate marketing really work or is it hype?
Every industry has its own stars. Top affiliate marketers are known to generate six figure commissions each month. Some go public with their claims, others play the game silently. It does seem paradoxical that in an industry where some struggle to make a few dollars, others leverage the power of automation to explode their income.

What is that separates the top performers from the under performers? Is it a secret technique which is not being discussed? The answer to this question can be found in the offline world. So many businesses are started offline yet why so few are successful? The secret is the mindset of the business owner.

If you are failing as an affiliate, it’s time ...you question your mindset.

Do you have a vision ?
What is that you would like your business to be? What figures would you like to hit. Everybody wants to hit the million dollar target, but do you really, really want to hit the million dollar target or is it that you are living the wishes of others?

Do you have a strategy?
Do you have a definite laid out strategy on how you would set out to achieve your vision. Lack of strategy is one of the surest paths to failure. All successful entrepreneurs, online and offline have set a concrete strategy for themselves and adhere to it regardless of what is the hottest trend in making money.

Do you have the know-how?
Internet marketing is often marketed as easy and anyone can do it. The truth is anyone can do it provided they are creative. Marketing is a creative endeavor, if you have a step by step mentality and need someone to guide you, getting a secure job would save you a lot of mental hassles. But if you decide to stick to it, become a student of the trade.

Do you love what you do?
Are you in affiliate marketing because of the money or do you really enjoy it. All the top affiliate marketers are passionate about what they do. Find your passion, money would find you.

Can you sustain?
In the beginning things can be tough. There is a learning curve which needs to be traversed. If you have a vision and can walk towards it everyday , no matter what impediments come your way, your destination is assured, sweetly enjoy the journey. However if instant gratification drives you, prepare to have a lot of frustration. All good businesses take time to build.
I myself have failed for a long time as an affiliate marketer. The day I resolved to work on my mindset, things started to look bright. Tricks, tactics, list building, pay per click, Search engine optimization, landing pages, all can wait. First get the mindset.


Mike Lombardy is an affiliate marketer and web publisher. He offers affiliate marketing ebook reviews at his website and discusses the importance of formulating a affiliate marketing strategy

Article Source: http://EzineArticles.com/?expert=Mike_Lombardy
http://EzineArticles.com/?Why-95%-of-All-Affiliate-Marketers-Fail&id=670516


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1 comments: on "Why 95% of All Affiliate Marketers Fail"

Anonymous said...

Most of the people fail in the Affiliate marketing business is because of they don't have any idea about it.