Do you really need more than one affiliate program ?

By Hendra Subrata Liu

We've been talking lately about the RIGHT kind of affiliate programs and
the WRONG kind of affiliate programs.

Let's shift our focus today to the NUMBER of affiliate programs you promote.
This is also a very important consideration.

The fact is that there are many people who are a member of TOO FEW affiliate
programs and there are many people who are a member of TOO MANY. There are
only a handful of people who have found the magic "sweet spot" right in the
middle and those are the happy people who are making the most money.

Why is TOO FEW affiliate programs a problem?

Joining too few affiliate programs is a problem for 3 MAJOR reasons:

#1. The bottom line is that you absolutely, positively MUST start earning multiple
streams of income. One income stream, even 2 is not enough in today's world. If
you are only relying on you job as your main source of income right now, you're
a sitting duck for a financial disaster. If you lose your job or your health,
God forbid, you could be in big trouble financially. Most people are just one
paycheck away from bankruptcy.

Affiliate marketing is the same way. If you're relying on just one or two affiliate
programs to pull in the bulk of your income, you're extremely vulnerable. Even
if you've built up a big residual income in a program, if it goes out of business
so do you.

#2. Joining only one or two affiliate program does not give you enough experience
to compare strengths and weaknesses of different programs. It leaves you being
unaware of different possibilities and that's very dangerous to your fiscal
health.

#3. There's is a saying that "If all you have is a hammer, every problem looks
like a nail." If you only have one or two different products or programs to promote,
that's not enough to solve the many different problems people will be coming to you
for. You need to have a variety of tools in your affiliate toolbox so you can pull
out the right one at the right time for the right person. If you don't, you'll be
leaving money on the table. It's that simple.

Why is TOO MANY affiliate programs a problem?

Joining too many affiliate programs is a problem for 2 MAJOR reasons:

#1. You'll get way too distracted. Focus has great power and if you have too many
things to think about at one time, you'll get confused. When you're confused, you
don't take action. When you don't action, you don't make money.

#2. People won't take you seriously. If you're promoting everything and anything,
people will sense your lack of sincerity and have no desire to do business with you.
One of the big secrets to affiliate marketing success is promoting things you have
some experience with and believe in.

But there a magic "sweet spot" somewhere in the middle of having enough products and
programs to promote that keep you diversified and capable of solving multiple problems
for people.

For example, if you get 100 people to visit your website and only have one product
you're promoting and your website successfully converts 1 out of 100 visitors to a
sale, then you've made 1 sale. But if you have a couple more products on your site
that are related but different, you may find that you get 3-5 people out of 100 who
buy from you because they find other things that solve their problems. So just
having a few different options for people can multiply your income 300% or more
without any additional effort.

5-6 different affiliate programs in a niche is the generally the best starting point.
This gives you enough experience with different programs to compare their strengths
and weaknesses. It gives you enough diversity so you can offer your prospects the
right solution at the right time. And it broadens your own affiliate portfolio enough
so that you can survive a disaster JUST IN CASE one of the affiliate programs you are
promoting falls on hard times.

No matter what niche market you are in, you should diversify your affiliate portfolio
and get at least 5-6 high quality, top paying affiliate programs to promote in order
to ensure your short-term and long-term success.

About the author:
To find the best home based business ideas and opportunities so you can work at home visit:
http://www.digitalphotography-camera.com/store
http://www.digitalphotography-camera.com
http://www.pandanwangi.pobs.me
http://www.homebizrevelations.blogspot.com
http://
www.healthismorepreciousthanwealth.blogspot.com

Why RESIDUAL makes a huge difference ?

By Hendra Subrata Liu

Why you must choose the RIGHT affiliate programs and why choosing the
WRONG program(s) to promote can literally spell out the difference
between success and failure. In fact, many people who wouldhave succeeded
in affiliate marketing did NOT succeed simply because they chose the
wrong programs to promote.

Let's get into this idea a little further today.

As an affiliate, you need to work with companies that put YOU first.
After all, you're the one driving the traffic to their site and they
don't have a lot of risk since they only pay you when you generate a sale.
But a lot of affiliate programs don't understand that. In fact, many programs
out there are paying 5-15% commission on products they should be paying you
a lot more for.

But there is another extremely important factor that determines success or
failure as an affiliate marketer. That is whether or not the company pays you
one time or pays you residual income for a single sale. This is a big, BIG,
*BIG* factor you need to consider before you join ANY affiliate program.

If you promote products from affiliate programs that only pay you one time
for a sale, you'd still need a job somewhere else to cover my basic living
expenses.

On the Internet, residual income is basically selling a "subscription service"
so that when someone buys the product you get paid UP-FRONT one time and then
each month when that person's subscription renews with the company, you get paid
again, and again, and again... EVERY MONTH for as long as that person continues
using the service.

90% of the people fail at generating any significant income from affiliate programs
are promoting products that do NOT pay a substantial residual income.

Affiliate programs that pay only one-time for a single sale are BAD for your
financial health. Think about it... It takes the same energy on your part to promote
something that pays you ONLY one time as it does to promote something that pays you
EVERY MONTH forever. So would you rather spend a day to make a sale that you get paid
for that day and that day only or would you rather spend a day and make sale that
pays you for the rest of your life?

There is only one RIGHT answer to that question.

You should ONLY focus on programs and products that pay you residual income.

Online business opportunities offer another great way to get paid residual income
on the Internet. The reason for this is simple. Millions of people are flocking
to the Internet every day looking for a reliable way to earn extra income.
So online business opportunities have become a HUGE industry.

The great thing about online business opportunities is that they are much easier than
offline business opportunities. All you really need to do for these is find out
where the people are searching for these business opportunities and POSITION yourself
in front of them. You don't even have to "sell" the opportunity. People are going to
join these opportunities anyway so all you do is setup your marketing in such a way
that people find the opportunity through your link instead of someone else's.

That's the power of the Internet. I always loved the concept of MLM, but I hated the
idea of face-to-face selling. With the Internet and tools like a website, autoresponder
and automated marketing activities, you can build huge organizations and earn tons
of money in these programs.

But again... The KEY is choosing the RIGHT programs.

If you are promoting the WRONG program, one of the following things will happen:

1) People won't join.

2) People will join and then quit and you won't make anything.

3) You'll get lots of people to join and then not get paid fairly for your efforts.

4) You'll get lots of people to join, get paid well for a few months and then the
company will go out of business.

5) You'll get people to join and NEVER get paid.

You absolutely MUST focus on promoting residual income affiliate programs if you want
to succeed as an affiliate marketer. Whatever programs they are right now, just make
sure they are residual! This is often the biggest difference between success and failure
for most affiliates.

About the author:
To find the best home based business ideas and opportunities so you can work at home visit:
http://www.digitalphotography-camera.com/store
http://www.digitalphotography-camera.com
http://www.pandanwangi.pobs.me
http://www.homebizrevelations.blogspot.com
http://www.healthismorepreciousthanwealth.blogspot.com