Saturday, June 20, 2009

Analysis For Your Affiliate Marketing Business

Now, you might be making some money with affiliate marketing and you might not be. Either way, don't you want to know how you can make more money with affiliate marketing? Then, you have to answer this,

"Have you ever analyzed your business?"

If you have never analyze your business, how can you possibly know which marketing method is bringing in the most business for you? If you never look into your business, how can you determine the time to expand your affiliate marketing business into another niche?

Since you are in affiliate marketing, I believe you are affiliated to multiple products. Then, have you ever looked into which products are making money for you and which aren't? Once you know which product is making money for you, you can focus more attention to that product. And for the products that are not helping to make money, you can drop the promotion and move on with other products. Once you drop the unprofitable product, you can have more time to look for other profitable niche.

Then, you will want to look into your marketing method as well. Do you spend too much money with pay per click (PPC) campaign and your profit is unparallel with your profit? Do you spend too much time in article marketing and the conversion is less than what you have expected?

If that is the case, you might want to take a look in how you practice the method. Let me as you,

"Why other affiliate marketers are building their affiliate marketing business with PPC and you aren't? Why other affiliate marketers can boost their conversion with a single article and you aren't? What are you doing differently that you are not enjoying the same result as them?"

If you still can't figure out why you are not reaping result your marketing method, you probably need to get some help. Go join a course, get an ebook or outsource your work. When what you are doing is not getting the result you want, you need to do something different about it.

Lastly, as a successful affiliate marketer, you need to look into your gross profit. This is the profit that you really earn after you have deducted all your cost. Many new affiliate marketers thought that as long as they are bringing in money with their affiliate marketing business, they are making profit.

If you are one of them, think again. Let's say you are $75 per sale and your PPC cost is $100. Can you say that you have profited with affiliate marketing? Definitely not. If you made 10 sales with the same cost and income, you lost a total of $250 and that really deviated from the true meaning of making money with affiliate marketing.

So, don't be too happy when you see money coming into your affiliate account. Keep your head clear and do some calculations before you celebrate your affiliate marketing success.

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 online income with ease.

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