Many people with the best intentions fail at affiliate marketing because they fail to recognize some common mistakes in their strategy. The worst part is that most of these key mistakes occur long before the affiliate page is written and the links inserted. Here are 5 major mistakes to avoid in your affiliate marketing ventures.
1. Picking the wrong market To be a successful affiliate you need to pick the right market. Too many people fall into the trap of finding a great product then trying to find a market. Really you have to find a market Thomas Meunier Jersey , then give that market what they want (a product!). Do the right research to find a good market. Use the tools like those at yahoo search marketing to see which markets are saturated and which have room for new products. Find out the interest in that market by how many people are searching for its major keywords each month. Keep in mind the bigger the market the harder it is to get traffic and the more expensive also. Not only that, the more time you will have to spend maintaining your pages to keep your traffic flowing.
2. Don't Sell... PRESELL! This one is a biggie. Too many affiliates make the mistake of putting too much of a sales pitch on their page... Big mistake! Here's what happens: Prospect reads your sales pitch... they are enthralled, they find your click here link and click on through to the merchant page. The merchant (as they have to) hits the propect with ANOTHER sales pitch that may or not be better or different to the one the affiliate has written and they have just read. They feel frustrated and insulted that they have been made to read the same information twice and what's worse Thilo Kehrer Jersey , they start to feel as though they are being pressured into purchasing the product... next... yep you guessed it they leave! Affililate commission out the window. Don't, whatever you do make this mistake. If you do i can say with confdence that you will be lucky to make a single affiliate sale.
3. No content. Opposite to mistake number 2, many affiliates become so enthralled with the concept of being able to make money just with a link that they over look the need for quality content and good information. I have seen affiliate pages with a bunch of picture and text links but no content. It just looks blatantly like a whole bunch of advertisements which if you've ever noticed? people tend to do everything in their power to avoid! Your page needs to give the prospect an opportunity to gain your trust and promote the merchants product in the right way Thiago Silva Jersey , the effective way. Content is essential and there are many theories on the most appropriate content for affiliate pages. Whatever you do, just avoid having no content!
In business the use of online ?e-sourcing? tools such as e-tenders and e-auctions is becoming commonly used to help buyers achieve rapid cost reduction. In this scenario suppliers are invited to bid for the buyer's contracts either by submitting their tender online andor participating in a reverse auction.
Cost savings can be considerable ? on average 14% and lead times for sourcing projects reduced by up to 70%.
Below are the most frequently asked questions about e-sourcing from business users:
What is e-Sourcing? e-Sourcing is the use of internet technology used by purchasing professionals to find suppliers and negotiate prices for a wide range of goods and services. This typically includes activities such as supply market analysis, e- tendering Stanley N'Soki Jersey , price negotiations (e-auctions) and contract management.
What are the benefits of using e-Sourcing versus standard purchasing techniques? Traditionally buyers send out tenders listing the purchasing requirements and invite suppliers to submit prices. This normal takes weeks for all the proposals to arrive before they can be analysed. Each supplier submits one bid and does not have the opportunity to adjust his or her pricing in response to other bids.
With the use of eauctions suppliers are invited to bid on-line on a specific day and time. With this process, suppliers compete against each other in real time to win the buyer's business, The bidding process takes hours Sebastien Cibois Jersey , instead of weeks or months.
What is an on-line reverse auction (e-auction)? Reverse auctions are an ideal way for buyers to reduce the costs of goods and services, streamline the procurement process and increase profitability.
The process starts by sending out an Invitation to Tender to qualified suppliers which outlines your purchasing requirementsspecifications. Suppliers that can meet the requirement bid against each other during the online e-auction. At the end of the auction the buyer makes the contract award, typically taking account of the final bids and other non-price factors such as quality and service.
What is a fully-managed service? A fully managed service incorporates a spend analysis of your company expenditure Presnel Kimpembe Jersey , suitable selection of e-auction categories, strategic category objectives, supplier research Moussa Sissako Jersey , developing lotting strategies, drafting the Invitation to Tender, management of suppliers Moussa Diaby Jersey , hosting the software, training the suppliers (inc helpdesk), managing the e-auction and post event review.
What are the typical savings? Typical savings for Direct commodities range from 8-23% and Indirects from 9-45%