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How many affiliate marketers are too many?

Conventional wisdom says that no solid product, eBook or service, will lack for new customers. With the right pitch and the right price point, you can pretty much sell anything. But what happens if you and I, and the person next door, and hundreds of other people are all trying to sell the same product, will we run out buyers?

For any single individual product, maybe. If nothing else, even the best eBook is going to be outdated at some point. But the most successful affiliate marketers don't stick to one product. Whether or not you are selling your own product, the resell rights, or just pitching someone else's eBook, the best diversify their portfolio so that no one single product makes or break their profit potential.

Still, I think it is fair to say that it is not easy competing in the affiliate world. It is our own fault really; affiliates have long perpetuated the myth that affiliate marketing is easy money. That customers come and buy and there are no returns and little fraud - and all you have to do is just start and you will be successful. That very notion was the reason I got into the affiliate game.

Maybe at one time, it was easier to compete, but now there is some very real competition that you have to contend with to be a successful affiliate.

Pay Per Click Advertising

Even if you know what you're doing, beating the competition in pay per click advertising is a gamble and a lot of work. You have to identify highly targeted keywords. You have to write ad text that compels your prospective customers to click with the intent to buy. Then you have to have a landing page that either converts sales, or collects e-mail addresses - and if you are promoting someone else's product, you have no control over that at all (except not to promote it.) And then you have to position your ad with a pay per click advertising program so prospective customers can find it.

That is a lot of factors, without even addressing the costs of advertising and your competition. Beating your competition in pay per click advertising means pricing yourself over the top of them, bidding on obscure keywords - which for practical purposes, there is no such thing anymore - or promoting a niche product targeting a specific interest group which may very well mean a limited demand.

Website Marketing

A lot of people, rather than promote others' products directly, send everyone to their own website and promote from there, or through autoresponders. This is deceptively simple idea. There is no competition because the site is wholly yours, and you can saturate the page with advertising.

The problem, of course, two fold. One problem is generating traffic to your site. If you do it organically, it can take months to be at the top of search engines, and you have to continually add new content. And though the current model rewards you for inbound links from other highly ranked sites, gaining any is rarely a fluid process. The upside is that your costs are limited to purchasing the domain and paying for hosting. The downside is that you may never see a single targeted visitor for weeks while other established marketers are selling the same product that whole time. And furthermore, you always have to be thinking about what you are offering your visitors that is both unique and persuasive to buy.

The other problem is web users are banner blind, and banner blockers are as common as pop-up blockers now. There are programs that will wholesale block any ad script from loading in a user's browser, which effectively means 90% of your advertising is for nothing.

One of the unfortunate trends that doesn't make competing by having your own website any easier is the prevalence of websites that aggregate content. You promote your presence on ezine or other article submission sites, and a website aggregator picks up the first paragraph and targets the ezine article, not your own homepage. Not only are these aggregators not really effectively promoting your article, they are not linking back to your webpage. Furthermore, their own sites are just garbage because there is no original content and not even full length articles. So you are competing not just with legitimate websites but also with aggregator sites.

Product Development

Can you develop your own product that is a truly unique offering? It is simple enough to copy the gist of another eBook and just call it your own, but people are pretty skeptical about the quality of eBooks. And the last thing that will endear you to your affiliates (and for that matter, Clickbank) is to have a product that produces a lot of returns.

On the other hand, developing a quality product requires that you have an area of specialization, whether in a niche market or a broader market, and some intangible benefit to distinguish your product from the rest. Well, if that's all it takes, right?

Fortunately, even with the competition, there is success out their for affiliate marketers. It's not easy money, and there are a lot of people trying to do the exact same thing you are. But even for all the obstacles, just know that your success or failure won't hinge on what the competition is doing.



Comments to date: 3. Page 1 of 1.

Kevin   

Posted at 8:39am on Thursday, February 14th, 2008

It is hard to competing against other affiliates. Sometimes it makes it hard to do, but the best thing is to not give up. Talk to your affiliate managers, a lot of them will help you out. The best is to try to get an exclusive campaign.

Billy Boy   

Posted at 7:56am on Thursday, February 14th, 2008

Thanks for the info, very informative.

JMSU   

Posted at 5:42pm on Wednesday, February 13th, 2008

Thanks a lot, really made the process easy to sign up and buy stuff. I like the image shots to help out. :)



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