Can The Average Person Make Money With Affiliate Marketing?

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by: Rick Carbone Total views: 4 Word Count: 462 Date: Wed, 12 May 2010 Time: 12:44 PM 0 comments

Rumors have come and gone on the Internet about the viability of affiliate marketing and making money. In fact not that long ago there was an article that asked the question,"Is Affiliate Marketing Dead? There's a famous quote by Mark Twain that states, "The rumors of my death have been greatly exaggerated." So to the rumors of the death of affiliate marketing being dead are greatly exaggerated. Affiliate marketing is not dead and is still a vital means of making an income on the Internet.

Although there are many marketers that have said that affiliate marketing is dead and that it's almost impossible to make money in it, I don't agree. As a matter of fact I think that there are better tools and resources available today than there were six or seven years ago that make it easier.

As a matter of fact I think that today you have a greater chance of making money because of the technologies and products available. For example, six years ago pay per click was a fledgling market with a few small players. Today Google AdWords(R), Yahoo Marketing(R) and MSN are the top three players in a multi-billion dollar industry that gives a product worldwide exposure instantly. An individual can research an affiliate product on day one and day two have a targeted ad on the first page of the search results for the product keyword, providing hundreds if not thousands of potential targeted buyers to their website. The trick is having enough capital to pay for the advertising.

One way to finance your advertising costs is to lay out a budget, specifically "how much can I invest to potentially lose. " Sounds ridiculous but that's they way it works. Decide how much you can afford to lose and build your advertising budget around it. Make sure though to research your product thoroughly, don't leave anything to chance. If you break even your first time out that may be a sign that you need to refine your ad or ads to target high potential buyers.

If you are using a site such as Clickbank, remember that they mandate a 56 day or eight week "buyers remorse" feature. Sales are not final until this period is over, then you can start to determine your profit. Remember that buyers remorse can be as high as 50% depending on the product, so be careful. A 50% return rate can kill any profit in a program.

So in answer to the question "is affiliate marketing Dead?" I would answer with a very strong no. Affiliate marketing is alive and well and you can make a good income from it you just need to know how and what tools to use.



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