Nearly every mass marketable product or service available online sports an Affiliate Program or MLM matrix to encourage small business people to sell those products or services to others.
For beginners in online marketplace and even some pro's, these programs offer best opportunity for earning substantial incomes to their participants.
Yet, despite promise of Affiliate Programs and MLM's for making money online, fewer than 5% of all participants will ever be successful with them! Only one out of a hundred will ever earn more than $1000 per month from programs!
There are several factors contributing to these dismal numbers:
1. Failure to try 2. Failure to learn 3. Building sales without any concern about building a network 4. Building a network without any concern for sales 5. Failure to duplicate
FAILURE TO TRY
Many people will argue this point. They argue that they tried and program failed them. Yet, if you were to persist in your queries, most people's idea of trying is throwing a banner on their website or running one or two untested ads. Folks, that just does not cut it!
Being successful in an Affiliate Program, MLM program or anything else be it online or offline requires much more than a half-hearted, short-lived attempt at promoting a program.
FAILURE TO LEARN
Whatever endeavor is undertaken, success comes with knowledge. College is good at teaching folks basics of hundreds of professions. Folks understand that in order to be a CPA, an attorney, a chemist, an engineer or any of a number of professions, they must learn a great deal of knowledge before they will be successful in field.
Yet, same people will come online and believe they can turn on computer and already know everything there is to know about running a successful online business.
To be successful as an online marketer, it helps to at least become acquainted with web design, graphics design, copy writing, marketing research, promotion, advertising, customer service and many other areas. It also helps to know about areas specific to Internet such as search engine optimization, web traffic patterns, direct email marketing, and networking with others.
As an online marketer, you should either have knowledge of these various disciplines or be prepared to hire on people who already possess these skills. Unless you have very deep pockets, you should be prepared to learn a few of these skills for yourself.
BUILDING SALES WITHOUT ANY CONCERN ABOUT BUILDING A NETWORK
The largest advantage of Affiliate Program or MLM program is ability to grow a network of affiliates underneath of you.
While you are able to sell a certain amount of products or services to consumer, a team of people who can sell just as many products or services as you can, will add to your full income potential. Due to nature of Affiliate Program and MLM program, you will earn a small percentage from sales of all of people in your network of sellers.