Yes is the short answer. Any time you are planing on generating money, you should have a plan. No plan means no real focus. There may be some 1/1000 percent of a chance you will succeed, but I haven't met them yet. If you have already started and have generated an income, record how. Doing so will give you material for use in expanding your business faster.
I have just started learning about affiliate marketing etc and have found your page to be most helpful and fantastic. However, as I am just starting of i do have 1 question. When in the process of setting up my own website and reviewing the diffrent affiliate programs out there, is it possible to sign up to more than one company as an affiliate marketer? to promote their products but all as one niche, and in regards to my own webpage, can i link/use more than one company to my webpage for the producst i choose to promote?
Building trust with your audience is paramount in affiliate marketing, and the quickest way to lose trust is to recommend products either you haven’t used before or that aren’t a good fit for your audience. Also make sure you never tell anyone to directly buy a product, you are simply recommending the product. The more helpful you are and the more you make quality recommendations, the more likely your web visitors will come back for your expertise.
As for your question about which affiliate program to join, I cannot give you an answer for that because that’s totally depends on the niche you’re in. I’m not familiar with your niche so I can’t give you any recommendation for that. That’s for individual private affiliate programs. You can also check out the common affiliate networks like Amazon, ClickBank, Shareasale, CJ, all these.
Hi Kingsley, thanks for your comment. Yes, email marketing involves a lot of direct costs (acquiring subscribers) as well as overhead costs (email marketing service, link trackers) so you need to keep an eye on your expenses. My other online income includes some consultancy, a little web designing, it’s becoming less and less now. If you don’t have a skill to sell, for example and cannot think of other possibilities, try creating your website to start with, and I can take you through. Any more questions don’t hesitate to get back to me at any time!
Over time, you’ll gain a much deeper understanding of what resonates with your audience. You’ll learn important details such as the retailers and type of products they like, what price point works well, and whether a discount or sale motivates your followers. You can even start to understand when your audience likes to shop, honing in on specific seasons, months, weeks, days, and even certain times of the day.
Vendors engage the services of affiliates to do marketing of the product on their behalf. But how do vendors and affiliates meet? Well, vendors can engage affiliates directly to sell their products and services. Another option is for vendors to join affiliate networks. These are companies whose sole purpose is to serve as the meeting place for vendors and affiliates. The advantage of an affiliate network is that a vendor can find thousands of relevant affiliates there without having to run around looking for them all over the internet.
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