Tuesday, March 31, 2009

Questionaire

I recently answered a questionaire sent from whohub.com and I shared some of my history before I joint this affiliate marketing business and you can click HERE to hav a look at it. :-)

Create your own online success,

Wong Michael. :-)
http://www.BeyondAffiliateCash.com/

Remember, making money with affiliate marketing is easy when you know how. :-)

P.S. Building a successful affiliate marketing business can be devastating sometime. Still, you can always talk to me and get more tips of how you can earn your affiliate income with ease.

Wednesday, March 25, 2009

Creating Wealth - Are You Breaking The Tradition?

As how I see it, I have been following my parents' direction, went to school, got a degree, work for someone else in a cubicle and patiently waiting for my paycheck month after month, pay my bills and spent my retire days with my savings.

There is nothing wrong with this direction but there is nothing exciting about it either. It is a monotonous job where I don't need to think much as everything was mapped out for me. And as long as I follow the path, I shall be OK. However, the more I do that, the more I felt something is missing.

I believe you got the same feeling before you decided to take on this affiliate marketing opportunity.

I know that you have heard tons of rejection and arguments when you decided to take on this online career. To the older generation and conservative thinking, we are the mavericks that don't follow the formula. I am not saying that the older generation is wrong. They have all the reasons to disagree with us but the market today is filled with competition.

Just take a look at your company, the managing executives are extending their services and your colleagues have the same qualification and maybe better than you? So, how secure are you in getting that promotion?

Again, I am not saying that you can't make money by staying in a company. You can. Just that you gave the control to someone else. Why not take it back today?

The beauty of affiliate marketing is that you can start part time with it. And to let you know, many successful affiliate marketers started their affiliate marketing business part time too. And if you fail the business, you can still go back to your job. You lose nothing, except some sleeping hours, maybe.

Traditionally, you got pay as stated in your contract and nothing more than that. If you work overtime for the organization, you might get a pad on the back and a "job well done", max. Maybe you think your chance of getting that promotion will be brighter but what if your colleagues work more than you? Are you going to top that? Are you going to work until 12am if he works until 11pm?

Now, affiliate marketing rewards you accordingly. The harder you for it, the more you can make money with it. And what keeps me up in the night when I started the business is the possibility of financial freedom which I can enjoy money coming in while I am sleeping. Of course that took a lot of time to achieve but certainly this is not something the conventional money making method can top. You can only imagine what your boss is going to do to you when you don't turn up for work for a week.

Do understand that I am not saying that you can definitely make money with affiliate marketing business. There are also a lot of people who tried the business and fail miserably but what I am trying to point out here is that you have an option. A chance to put your effort and energy where you can be rewarded accordingly.

Create your own online success,

Wong Michael. :-)
http://www.BeyondAffiliateCash.com/

Remember, making money with affiliate marketing is easy when you know how. :-)

P.S. Building a successful affiliate marketing business can be devastating sometime. Still, you can always talk to me and get more tips of how you can earn your affiliate income with ease.

Saturday, March 21, 2009

How To Know Which Product Is Worth Promoting? - Part 3

And before I parted with my tutor, he also asked me to look into the cost before I decide on which affiliate marketing program to promote. Again, it doesn't make sense to use the commission to pay for all the marketing cost.

At that time, I wasn't really sure how to manage my cost, so he used the example of PPC. Unfortunately, I can't really recall the exact number he used, so I will try my best here to show you what I learn from the man.

As you all know, you pay the search engines whenever someone click on your PPC ad. Let's say your conversion rate is 1% which means 1 customer per 100 clicks, this then means that you will probably need to spend at least $10 per sale. Now, depending on how much you want for your net profit, you will need to decide on your marketing cost.

Let's imagine you want 50% net profit, that means you will need to make at least $20 a sale so that you can spend $10 on marketing and another $10 for your pocket. Nice. Isn't it? I think so too. :-)

This can sound quite complicated if you are just starting out with affiliate marketing business. Never mind, just look at the equation again and you will get what I mean. :-)

So, that sounds easy for marketing cost which you can put a number to it. How about article and blog marketing which you write your own publication or forum marketing which you need to sit down, spend time reading members post and answering their questions?

Unfortunately, I didn't ask my tutor about that but since I don't really do PPC (I suck in it), I spend most of my time writing. To me personally, I seldom spend more than an hour writing an article.

I still remember that I need to edit my articles and send them to 20 plus article directories. Just imagine the time I spent to have one article online. It is not just about writing an article. If I were to spend more than an hour per article, I will still be struggling for my affiliate marketing business today.

So you see, it is quite subjective to put a "cost" on article, blog or forum marketing. You will need to manage that yourself. Sorry that I can't be much help on this. :-(


Trust that you can create your own online success,

Wong Michael. :-)
http://www.beyondaffiliatecash.com/

Remember, making money with affiliate marketing is easy when you know how. :-)

P.S. Building a successful affiliate marketing business can be devastating sometime. Still, you can always talk to me and get more tips of how you can earn your affiliate income with ease.

Thursday, March 19, 2009

How To Know Which Product Is Worth Promoting? - Part 2

During my last conversation with my tutor, he also highlight to me that if I were to know which product is worth promoting, I will want to look into the percentage of commission I earn for every transaction.

It is so true! The main reason I join affiliate marketing is because of the possibility of making huge money easily (your reason can be different). It doesn't make sense if I choose any affiliate programs that only give 4% for every product I sell. Although it can be a good experience to start your affiliate marketing business with something small and quick, you will eventually want to move to a more lucrative paying plan so that your effort is better rewarded.

So, do your own calculation before you decide on your affiliate marketing program.

Although some people might argue that as long as you got the volume, you can still make good money with affiliate marketing. There might be some truth in it. However, personally, I still believe that you are better to sell with quality rather than quantity.

Let's imagine for a month you are selling 60 units of affiliate product and each of them cost $50 and you are making 25% for everyone of them. So, you are earning $750 with affiliate marketing a month. Not bad. You can pay your house hold bills with the money you earn.

Let's take a look at another product which cost $97 per unit and you are earning 75% of it. Let's say you are selling 20 units a month. Guess how much you just earn? It is $1455! It is nearly doubled the amount you earned with 60 units sold. You can literally pay your car loan with that. :-)

So, are you convince? Look at the numbers again, the truth is so obvious.

Ask yourself, if you can sell 60 units which you only earn 5%, why don't you focus the same effort on something that you can earn 75%? Doesn't that make more sense?


Create your success,

Wong Michael. :-)
http://www.BeyondAffiliateCash.com/

Remember, making money with affiliate marketing is easy when you know how. :-)

P.S. Building a successful affiliate marketing business can be devastating sometime. Still, you can always talk to me and get more tips of how you can earn your affiliate income with ease.

Tuesday, March 17, 2009

How To Know Which Product Is Worth Promoting? - Part 1

Sometime people do ask this question to me. It is true that there are so many products out there and all of them seems profitable and possess their own unique quality. I still remember the painful memory when I was too trying to decide on the product I should promote.

It was already a month since I graduated from the affiliate marketing course and I was still overwhelmed with all the possible affiliate marketing programs. They all felt trustworthy to me and I thought that I can make money with any of them. However, I also knew that I don't have the time to promote all of them. Aghhhhhh............ Why can't things be easier? Why can't the best affiliate marketing program just shout out promote me? (By the way, there is no best affiliate program in this world.)

I was lucky that I got a chance to speak to my tutor when he decided to check on out progress after a month. He then told me that almost all successful and rich affiliate marketers started their affiliate marketing business with the product they believe in.

Then I said in my heart, "Yar. I knew that. You made that very clear at the beginning of the course. What else?"

It is as if he heard what I said and he told me straight into my face, "I know that you have a lot of products you believe in and you believe you should promote everyone of them. Your main task now is to sit down and write down all the products you want to promote. Then among all these products, which 3 of them you truly believe in?"

I was quite a hardhead and I started with 5 niches but depending on your budget and time, you should start with 3 as my tutor recommend.

My tutor then told me to buy one product for each of the niches and try them out. I spent quite good money on the products because not all of them actually perform as well as they say in the sales letter. That is why you should start with a few niches when you started your affiliate marketing business. Surely you don't want to spend all your savings before you can make any money with affiliate marketing.

And sometime you do need to hit some concrete walls before you can learn the secrets of affiliate marketing. It is hard for me to say this but the fact is you can actually ask the merchant for the product review so that you can decide whether you want to promote the product or not (do say this nicely to the merchant).

It is true that some merchants will not entertain your request, but there will be merchants who are happy to show you the review. After all, the more affiliate they have, the higher chances they will make money with affiliate marketing. :-)

Create your success,

Wong Michael. :-)
http://www.BeyondAffiliateCash.com/

Remember, making money with affiliate marketing is easy when you know how. :-)

P.S. Building a successful affiliate marketing business can be devastating sometime. Still, you can always talk to me and get more tips of how you can earn your affiliate income with ease.

Monday, March 2, 2009

Fear. It Froze...

The biggest reason why one freeze at his or her affiliate marketing business is because of fear.

Please know that hardly any affiliate marketers is born to be successful. Hardly any affiliate marketer seems to have the golden touch and hardly any affiliate marketer wake up with an extra of $90k in their bank account when they first started the business.

But one thing for sure is that most of them practise what they learn. It is by taking action that you can make money with affiliate marketing.

Once you are familiar with affiliate marketing, you will be able to excel in this business with ease. If you have learnt swimming before, I believe you can reacall the moment you were ask to float on the water. It was scary, isn't it?

But once you practise more and got the hang of it, it became so natural to you and swimming has never been so fun and enjoyable.

You too can make money with affiliate marketing naturally. If you practise more. :-)


Create your success,

Wong Michael. :-)
http://www.BeyondAffiliateCash.com/

Remember, making money with affiliate money is easy when you know how. :-)

P.S. Building a successful affiliate marketing business can be devastating sometime. Still, you can always talk to me and get more tips of how you can earn your affiliate income with ease.