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Finding The Entrepreneurial Spirit To Succeed
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Qualifying Your Traffic Will Save You Money, Fool
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Investing For The Future With Affiliate Marketing

Finding The Entrepreneurial Spirit To Succeed

One of the comments posted on my piece about Investing In The Future With Affiliate Marketing has gotten me thinking recently.

It was Conv3rsion who made the comment:

“One thing being an affiliate marketer can teach though is that there is always opportunity out there. You can always out hustle someone else and get some of the pie. If anything, this life style breeds life long entrepreneurs. I don’t think I can ever have a job again where I’m not the boss.”

Life long entrepreneurism.

That’s pretty much what this game is about if you plan on remaining an affiliate until retirement. But it also got me thinking whether all affiliates actually possess the entrepreneurism streak that’s required to succeed. And is that what separates the top earners from those chasing the coat tails of more successful affiliates?

One of the things that I always stress very heavily to people looking to jack in the day job is that affiliate marketing is a career change – not a retirement plan.

It doesn’t matter how many successful campaigns you have up and running. You could be earning 10K a day and it still doesn’t mean you’re prepared for life as a full time affiliate marketer. Not unless you possess the mindset that will keep you ahead of the pack.

I like to look at my current situation in affiliate marketing using tomorrow’s stats as a marker.

Zero clicks. Zero conversions. Zero profit.

It’s simply no good to assume that your success today will see you through to tomorrow. You have to be constantly visualizing those zero columns and using it as the incentive to find new ways to build your income.

When I quit my day job, I made what had to be one of the most reckless decisions of all time. All of my earnings were wrapped up in two traffic sources stretching across a handful of offers. Within weeks of going full-time, those traffic sources had fallen out on me and I’d been forced back to the drawing board. Many affiliates would go up in flames at this point and never produce another profitable campaign.

So one of the first things I had to do as a full-time affiliate was stare at a list of zero columns. To rack my brain for new opportunities, new ideas, new ways to pay the bills. I’ve managed to rebuild my business on much sturdier legs now that I’ve felt the true vulnerability of the industry. But Conv3rsion is right with his comment – one of the qualities that distinguishes successful affiliates is the ability to seize on opportunity and grab success. If you want to quit the day job and never go back to it, you really need to find that entrepreneurial spirit.

How many affiliates are suffering from banner blindness? I say that with tongue in cheek, but it’s a genuine question.

If you ask an affiliate where he makes his money, you’ll probably get an answer along the lines of Adwords, Facebook, media buys or PPV. Too many affiliates do their research, learn about these well known methods of making money, and draw a line under them. That’s all they want to know about. But if you’re truly in possession of an entrepreneurial streak, you don’t stop there. You should be using your eyes and ears.

Opportunity is everywhere on the web. How many times have you been browsing a site, seen an Ad that caught your eye, written it off as a media buy and not even bothered to check the bottom of the page for an “Advertising” link?

The reality is that a smarter guy was there before you. He saw an opportunity to reach a demographic, jumped on it, and now you’re sitting nodding your head in retarded approval.

Spending so much time on the web, I see dozens of different ways to generate income every single day. I don’t always see immediate use in them for myself, but it doesn’t stop me bookmarking the pages, taking some notes and storing them in the memory bank for later use.

Here’s a tip. You never know what you’re going to be working on tomorrow. So pay attention to great marketing and keep on learning. It might just give you a headstart over your equally retarded competition when it comes to brainstorming your next campaign.

Just because a piece of great marketing doesn’t fit in nicely with your niche, that’s no reason to turn a blind eye. This is what I call banner blindness for affiliates. The ability to gloss over incredibly profitable opportunities. When money is made in every corner of the web, why are you only looking out for good keywords and good dating images?

Are you one of those guys who opens up Adwords and thinks to himself “What can I sling today?”. Maybe you make money, maybe you don’t. But I much prefer to let new campaigns come naturally to me. Find a market first, target the need, THEN decide the best method of promotion. It might be Adwords, it might be PPV, it might be some long ass email to the webmaster begging for a banner tenancy.

But if you’re actively in the trenches hunting out these marketing opportunities, you’re gonna be better placed to make some money than the dude who sprays shit at the wall in Adwords hoping something will stick.

There’s too many arbitrage affiliates out there who refuse to get to grips with what marketing is all about. They become masters of traffic sources. They start turning over fortunes using just Facebook. Or just Adwords. One day their traffic source falls out from under their feet and what happens? They embark on this route of discovery to find the opportunities that they should have been getting out of bed to look for in the first place.

That’s the difference between the guy with the entrepreneurial spirit and the guy who knows how to use XXX to make money. One can live and learn from failure – the other will probably roll over and die if his one trick pony gets shot.

It’s not always about making more money. At least for me it isn’t. I take pride in wanting to be good at what I do. I might be harming my own profit margins by spending so much time exploring other avenues, but with knowledge comes experience. With experience comes the know-how to deal with failure. And you’re nearly always going to fail at some point in affiliate marketing.

Are you prepared for it? Or are you a headless fucking chicken who knows how to open Adwords and not much else?

Qualifying Your Traffic Will Save You Money, Fool

One of the biggest mistakes I see from newbie affiliates is the desire to run before they can walk. The difference between success and failure is rarely a stroke of luck. It normally has much more to do with understanding your market and reaching it effectively. So today I was hoping to chat some shit about qualifying traffic for the offers you’re promoting. It’s rarely as simple as it sounds.

By qualifying traffic, I’m talking about getting the most out of your paid advertisements. In your head you know the type of people who you want to direct to your page, right? But are you getting your message to them without massively overspending?

The difference between breaking even and 100% ROI can often be as simple as cutting out the crap. Just like the difference between slim and fat can often be cutting down on the calories you shovel down your cakehole every evening. And instead of going out to buy some berries, you should probably first look in the mirror and ask what you could be doing more effectively. Same concept for scaling a PPC campaign (err…I think…somewhere in there). If you want to increase your profit margins, you should weed out the bad traffic before you go hunting for more.

If you don’t qualify your traffic, you are quite literally engaging in the very unsophisticated art of throwing shit at a wall and hoping something – anything – sticks.

Too many affiliates think of sailing the ocean before they’ve explored the depths of their own ponds. They cast the net wide and try to capture every last stream of traffic. Presumably because this is what the “super affiliates” are doing to harness big volume and big earnings. Well fuck what the super affiliates are doing. You should start worrying about your profitability before you start dreaming of your palaces.

Right from the very first planning stages of any affiliate marketing campaign, you should be considering these key points:

1. How can I drive targeted, relevant and interested traffic to this offer?

2. How can I make sure that I’m not paying for clicks, page views and impressions that are never going to convert?

3. How can I ensure that the CTR from advertisement-to-LP is just as healthy as the CTR from LP-to-offer?

You wouldn’t believe how many campaigns I’ve created that have failed under the scrutiny of that third point. It’s very easy to get a strong CTR to a landing page. You can make up any old bullshit if you know the demographics that you’re targeting. But if your creative is mustering a stench of false promise, you’re going to see a huge drop-off in clicks through to the offer.

Successful affiliates know how to create a sales funnel. They know how to grab an innocent Googler by the wrist, drag him kicking and screaming through a text ad, appeal to his needs with a relevant LP, and then finally seal the deal by convincing him that he genuinely needs Product X.

The art of this process is understanding your traffic. You need to understand where those clicks are coming from, why the user has decided to click your ad, and what you can do to stop them from nailing the Back button.

If you are one of the many newbie idiots who moves in to a new niche, downloads a 15mb database of keywords, imports to Adwords and sets a default bid to $0.50 across the board – you are walking in to a complete unknown. You don’t truly know why your users are clicking your ads. How could you?

If you don’t know what your users are searching for, you can’t possibly design a landing page that slaps them in the face and says “it’s your lucky day, bitch, come on in”. No, you’re an Eric Generic affiliate – and considering most ordinary affiliates despise the sheer thought of losing money, this is a great way to create 1000 campaigns, lose money on all of them, and etch yourself the certainty that affiliate marketing doesn’t work.

I know there are many affiliates out there who can afford to unleash a new campaign, lose a thousand dollars, optimize and eventually see a profit. But most new affiliates are too piss poor from their day jobs to afford such luxuries. That’s why you’re following the dream, right?

So start small.

Let’s take colon cleansing as an example, if only because I’ve got it on my mind after the chilli I had for dinner.

So you’ve designed your beautiful flog to scam the living christ out of every last poor American with a weight problem. You sit there staring at your masterpiece and thinking “Damn, how could anybody NOT want their colon cleansed?” I mean, just look at the before and after pics, right?

The newbie affiliate will then assume that his hard work is done. The hard sell is there. He just needs to get people on the page, right?

So he’ll load up Adwords, create maybe 4 ad groups, empty entire categories of suggested keywords in to each and hit the Activate button. At this point he probably minimizes his window, posts some advice on the Warrior Forum, and waits for the clicks to roll in. Which they do.

He checks his stats (probably every 7 minutes), and notices – firstly – that not many of those visitors are clicking through to his Pure Cleanse Kit V909.

Secondly he notices that those who are clicking through to the offer…aren’t actually signing up their free trial. How inconsiderate of them, I know.

A few hours pass and Google Adwords swallows the equivalent of this poor mope’s subscription to PPC Coach. He pauses the campaign and moves on to the next niche.

Of course, if you were to look through his stats, you’d probably find active keywords like this:

“cleanse my colon”
“clean my car”
“free colon kit none of that rebill shit”
“professional colon treatment in texas”
“lose weight with colon”
“put on weight with colon”

I’m exaggerating, but the point I’m trying to make is that each of those keywords expresses a different need. A different want. A different desire.

It doesn’t matter how well suited your landing page is to your target market…if you’re not finding that target market. What is actually a very easy problem to correct for the experienced affiliate becomes a campaign breaker for Average Joe. He assumes that because he’s tried every last keyword in the colon niche, there can’t possibly be any profit there for him.

If you’re new and inexperienced, I can’t even begin to stress the importance of testing with the lowest number of factors to consider. Troubleshooting is a lot easier when you have less data to work with.

Start with small ad groups that are direct matches for the content of your landing page. Worry about scaling in to general and broad terms when you’re making profit. I know a lot of guys will say that their best success has come when they tested a few thousand keywords and filtered out the crap. Well…nice. But I’m speaking to the affiliate mindset that’s still paralyzed with fear over the idea of losing money. And it’s all a learning process. If you scale upwards slowly, research your niche well, and target separate content to separate audiences, you’ll find that you lose a lot less money on clicks that were never going to convert in a million years.

Another classic example of qualifying your traffic comes from working with CPS offers. If you’re promoting something that requires the target to part with his credit card and pay a hefty sum – you damn sure better mention it in your ad text.

Your CTR will naturally take a nosedive if you start mentioning that Product X costs $74.95 plus shipping. That’s because most people surfing the Internet are not in a buying mindset. You can decide not to mention the price, have them click your ad, and smile at your lack of conversions. But that’s pretty stupid, don’t you think?

The CTR from LP-to-offer is just as important. There is absolutely no gain in having somebody click your ad on Google if they never even had $75 in their bank account to begin with. Bust out your most appealing ad text but do yourself a favour and mention the catch. If you’re paying by the click, you don’t want to waste a windfall on unqualified traffic.

To advertise something like dating with PPC, particularly if you’ve chosen an offer where your payout is only confirmed for a specific market (say 30-40 males) – it goes without saying that you should be dressing your ad text with incentives for that audience.

“Aged 30-40? Want A Girlfriend?”
“We’re Offering A Free Pass This Weekend”
“Chat To A Girl Near You Tonight…”
“DatingSite.com/30sTo40s-Only”

You’ve qualified your traffic in several ways. You’ve narrowed down the field to only 30 to 40 year olds. And you’ve mentioned the search for a girlfriend. In theory you should be attracting males in the right age plan. You shouldn’t be wasting too much money on clicks that can’t bring you conversions. Either that or you’ll attract a bunch of keen bean lesbians. And if that’s the case, opt them in to an email list and forward that shit to me.

At the same time, it’s very easy to play some neat mindfuck tricks on your target audience to get them to click ad texts that they otherwise would have ignored. I’m a believer that if you can get the user to say “yes” to several questions, they’re more likely to say yes when it matters.

There are many other examples. You really should be making use of negative targeting to filter out the crap traffic that isn’t suitable for your offer. I normally make sure that any search query with “free” doesn’t get the slightest sniff of my sponsored ads. The same could be said for “torrent”, “download” and a few others. Your negative terms will vary according to the offer.

I’ve been talking a lot about PPC here. The truth is, it doesn’t matter what form of advertising you’re currently using. There are many ways to qualify traffic and avoid wasting money. The super affiliates might be happy to burn through their wallets for quick success. But you have to earn the right to enjoy that freedom. So you better start from the ground up and get to know your target markets.

If you’re wondering why you always fail, it’s probably because your sales funnel is trying to please too many people. Make everybody who visits your landing page feel as if it’s been designed just for them and you will start to see a lot more success.

Investing For The Future With Affiliate Marketing

It seems funny to think that I’ve only been a full-time affiliate marketer for six months – and I’m already planning what to do next. There will probably be a large number of you who think that jacking in the day job to work from home is the ultimate retirement. The chance to put your feet up, bust out the cocktails and wake up when the sun goes down.

The problem, of course, is that affiliate marketing happens to be one of the most volatile industries to be making a living in. At any point your campaigns could go to bust, your traffic source could eject you, or an inexplicable server downtime could cost you thousands of dollars. My ex girlfriend once told me that I’d been talking to her about affiliate marketing in my sleep. Besides bowing my head in shame at the obvious, I was quite shaken at how quickly this industry has enveloped my day-to-day thoughts, concerns and ambitions.

As much as I love what I do, I’m slightly paranoid about the long term prospects of it all. Can any of us honestly say that those $35 commissions are going to be there in 15 or 20 years time? The industry will evolve and so will the techniques that we use to reach the millions of users online. But that in itself is a constant challenge. No matter how much money you’re making today, the Internet is transforming at such a rate that you always have to be learning. Or you’ll get left behind.

Take the art of SEO as an example. I know guys who work every day on building long term websites that rank well in Google. If that’s not hanging your balls on the line, I don’t know what is. Your riches and fortunes are hinged on some Google suit deciding not to tweak the algorithm in somebody else’s favour. I would not want to be sitting there knowing that everything I have is prospering in a virtual universe that could change tomorrow and completely forget me.

I think enough affiliates have been banned from Google and Facebook for me to assume you already know the dangers of being a one traffic source wonder.

Affiliate marketing is a game of cat and mouse. The mouse being very rich, and the cat being a Warrior Forum sized stampede of nobodies. Every last one of them would enjoy your riches and it’s up to you to stay one step ahead. If you’re sitting at your desk and thinking it’ll only take one lucky break, one lucky campaign, to turn your life on its head – well, you’re wrong.

Try one lucky campaign, every week, for the rest of your working life.

That is the reality for marketers who intend to make hay forever as affiliates. Personally, I’m working hard now to provide greater opportunities for my future. I see affiliate marketing as the launch pad to something else, something better, something that doesn’t have a stinging acai aftertaste. If you’re not investing in your future, you’re setting up your eventual fall. Nobody’s luck lasts forever – especially for an affiliate.

Security is the word that springs to mind when I consider what I’m trying to achieve. And that’s ironic because most affiliates who’ve achieved great things have had to risk it all at some point. I think the mass banning of Adwords accounts back in the summer acted as my warning. Since then there hasn’t been a day where I haven’t forced myself to think several steps ahead.

It’s very easy to watch a successful campaign rake in several thousands of dollars. But you should assume that the offer caps tonight. What’s your next move? Say some Wickedfire dick has outed your campaign and the whole world can see what’s been making you money. Your work ethic needs to be such that they’re only talking about the weaker split test. If you’re constantly evolving and seeking out better results, you’ll find them before your competition catches you.

I had a couple of emails after my last post about “outing” successful Facebook techniques. It’s never my intention to harm anybody else’s campaigns, and it’s true that the tactics I talked about have been good to me over the last few months. But do you really think I’m so stupid to post how-to guides on what’s currently making me money? This is the big problem with affiliate marketing blogs and why you shouldn’t be reading them all day every day. By all means go ahead and teach a bum everything they know, but don’t teach them everything you know. Most affiliate bloggers are very good at that. In fact, they don’t teach shit to begin with.

What I’m trying to say is that to enjoy long term success as an affiliate, you simply have to learn as much today as you did yesterday. To do that, you need to be humble (under the surface), willing to learn from your mistakes and constantly seeking improvement.

If you check out my profile, you’ll see a quote that I believed in when I started this blog:

“Entrepreneurs live for a few years the way most people won’t so they can live the rest of their life like most people can’t.”

Maybe I’m still living those few years, but I don’t believe it anymore. If you truly have the dedication to achieve something, the desire to improve your business, you’ll never start working less. And that’s a good thing because determination, drive and commitment are qualities that some people will never dream of having until the sirens of failure are ringing in their ears.

You might work smartly. You might move away from the daily grind that contributes to so much stress – but will there ever be less work? Less on your mind? I don’t think so. When I look back and ask myself “when was the last time I had nothing to worry about?” I think my answer is when I was sitting at my day job. That’s the truth. If you take the solo road, you are going to carry a burden. You might not feel it through the good times, but it’s waiting to reveal itself to you when shit gets hairy.

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