I am finally starting to really understand affiliate marketing and this new understanding has yielded me more money than I’ve ever had. I am one of those people who spent years struggling with affiliate marketing. I couldn’t rap my head around it being a numbers game and it being just about picking the right products. I believe my self doubt and need to control things is why I experienced so much failure early on. I am finally learning how to let go and allow the marketing process to do it’s thing. I actually have less and more money marketing like this.
I suppose I learn the hard way. I have friends who were earning huge amounts of money with affiliate products. Some of these guys were earning big money their first week. They were able to understand the process quicker than me. I wanted to micro managing marketing and these guys just implemented strategies that they learned on forums. One thing that also hurt me was that I didn’t have very much start up capital but these guys had pretty good jobs to start with. They could buy $1000 marketing software while I could not.
One of the best things any would be affiliate marketer could do for him or herself is to already have a job and to create a marketing budget of at least $1000. When you are poor $1000 might seem like a high amount but it is pocket change when you compare it to the start up costs of any other business out there. I was working a low paying wage job so having that much money was out of the question. It wasn’t until recently that I’ve been able to use a marketing budget and it has been so beneficial.
What to do with your marketing budget and what not to do. Do not waste this budget buying courses from marketing gurus because their marketing scheme is all about selling courses and not making money via affiliate marketing. Do spend your budget on tools that will help you market. Things like automation software, SEO software, accounts and proxies to use for your marketing campaigns are what you should spend your money on. Also things like website design and domain purchases are awesome thing to use your marketing budget on, just don’t waste it on empty promises and stick to buying utilitarian type things.
As you can see, my story is all about learning the process of affiliate marketing. It is also about having the right tools to execute your craft. It is very hard to earn money without money, so having a marketing budget is important. Don’t waste time of buying guru packages but do spend money on tools that will help you earn money and that will make your life easier. I spend a lot of my budget on buying accounts and outsourcing website design. I basically use my budget to outsource work so that I can focus on the most important things.