Affiliate marketing has grown into a beast of its own, with its own self-proclaimed experts and all. Below we will expand on some of the silliest myths that are dominating affiliate marketing.
An affiliate marketing myth is that you can become a super affiliate without actually investing any money. Though it is possible to get the wheels rolling without any money. Affiliate marketing is not rocket science, if you want to experience exceptional growth then you will have to take a percentage of your earnings and put it back into your business. The result will be more money for less work. It’s about investing your money in the right way to automate the whole promotion process and bring in returns that are huge. Thankfully, there are free techniques to drive traffic to your offers that will help you raise the money you need in order to start outsourcing and paying for traffic when you are ready for exponential growth. Free traffic is usually slow and less targeted than paid traffic but is more long-term. Okay, you are now making money, so now you need to look into smart ways of reinvesting it. You can buy banner ads on niche sites, pay for an SEO service, and a host of other resources. You need to figure out a plan where you can increase your grip over the business by constantly re-investing and creating a cycle. Once you establish a profitable source of advertising then you should go and find one more, and continue the process. Affiliate marketing can give you more than you realize if you leverage the resources that are available for you. Many people confuse affiliate marketing for advertising. Affiliate marketing is the ultimate form of leverage for a product owner who wants more revenue for less investment. Advertising is good but you can be out of a lot of money fast because you are paying for ad space and/or every time someone takes a specific action. There aren’t too many other models as efficient as affiliate marketing because the only time you pay is when your affiliates sell something. It’s like having a sales army who gets paid by commission. So running an affiliate program is a cost effective way to get your product in front of a large audience, without any upfront costs.
There are those who would lead you to believe that affiliate marketing is about spamming. There are going to be spammers no matter what but most affiliate marketing don’t use spam tactics because there are far better ways to advertise. The fact is, affiliate marketing is just like any other business that stands against any kind of spamming.
It’s not as difficult to succeed at affiliate marketing as you may have thought; the key is to dispel any myths and dedicate your time to ideas that work.