subject: Avoid These Affiliate Marketing Mistakes [print this page] It is true that affiliate marketing has a high failure rate. That doesn't mean it is impossible to succeed! It just means that you need to be willing to work hard and work smart.With that in mind, here are five affiliate marketing mistakes to avoid:1. Choosing the wrong niche for your online business. Make sure that you focus on an area where people are currently spending money. There may be competition, but there is money already flowing. This means that you are more likely able to get your fair share of the action.It is interesting to note that many of the top markets never get completely maxed out. Everyday, people are creating new websites in areas you would think would be impossible to make money in due to high competition. This simply isn't correct. They are making money because their niche is targeting people who already willing to spend money.2. Having too many affiliate programs. More affiliate programs does not necessarily equal more sales. Having too many products to promote may leave you unfocused and unable to effectively sell any. Focus on only one product at a time. Add another product only after you have made a profit from the first one.3. Launching too many websites at once. Having too many websites before you are ready will leave you unfocused and without financial gain. Concentrate on getting one website up and running profitably before launching another one.4. Do not use the website provided for you by the affiliate merchant. When you use the same website as everyone else, you are not differentiating yourself from the competition. You need to be fresh, unique and full of valuable knowledge. For better product promotion, create your own website containing your affiliate products and include useful information about them.5. Not using an email opt-in box. Every business needs an opt-in box placed on their website. You need to collect a list of emails from people to follow up with for future sales. Most people never buy anything on their first visit. An opt-in box reminds them to come back to your website.The goal is to collect as many names and email addresses as possible of people that are interested in your niche. Build this list as large as you can and use it as a vehicle to build a relationship with your subscribers.Most importantly, the key to thriving in this business is to pay attention to what other successful affiliate marketers are saying and doing. Find a good mentor. Listen to their advice and test it for yourself.After reviewing these top affiliate marketing mistakes to avoid, you are already one step ahead of everyone else. Keep working, stay focused and watch your affiliate business grow!
