Wanna make sure your affiliate marketing business fails? Then do NOT use the single most important Affiliate Strategy designed by man (or woman) - and most probably the only "way" to generate affiliate profits CONSISTENTLY.
So what is this wonderful strategy? It is clearly a BIG overriding strategy, but it is designed for and sometimes by you.
And done correctly, it will ensure consistent creation of product marketing campaigns.
No More Guessing Okay - an affiliate marketing business plan is the optimal strategic tool to consolidate all the individual pieces of affiliate marketing.
There are two approaches to an affiliate business plan - Doing It Yourself (not recommended for new affiliates) and finding an (existing) action plan that meets your needs.
BEFORE You Choose an Approach No matter what approach you use, these issues must be resolved first: * Budget - The budget for your online business includes expenditures for hardware, software tools, labor (for example, you hire someone to write articles or create a web site), and any other dollars you will spend for startup and operation.
* Time - Part-time, full-time, or 24-7? The amount of time you spend is not necessarily proportional to the amount of revenue you earn, but you still need to make a time commitment.
* Revenue Objective - Are you going to live on the income or will you be satisfied with a few extra bucks? Is $500 per month sufficient or do you want to make $500 or more per week? * Products/Services - Selecting market niche(s) and product(s) to pre-sell is a critical issue.
Research will determine if the selected products fall within a big or small target audience and how much competition you will face.
Obviously, these issues are fully inter-related.
For example, a zero dollar budget will cost you time to find the free strategies for activities such as market niche and keyword research.