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Why 95% of Affiliate Websites Lose Money - And How You Can Avoid The Pitfalls |
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Affiliate marketing is an agreement between two websites in which one site (the affiliate) sends traffic to another site by means of advertising or content.
In return, the affiliate receives a percentage of sales generated.
Having worked with affiliate programs for several years now I can vouch that's it possible to make a very comfortable living working from home with affiliate programs.
Sure there are downsides - there can be sales tracking issues; dud affiliate programs, and there's always those dreaded returns and commission chargebacks.
But the upside more than makes up for it: you get to be your own boss; you can set your own hours; you're building a potentially enormous recurring stream of income; and there's no workplace politics or overbearing boss to hound you.
But the best part is this: the potential to make money is unlimited - there is no glass ceiling.
So if affiliate programs are such a great concept - why do statistics tell us that only 5% of affiliate marketers ever make money online?
Why aren't more affiliates making more money?
In my online experience I've seen a few affiliate websites that are genius at selling. Most however make several deadly mistakes that are probably costing them thousands of dollars in sales.
Here are the 3 top reasons why 95% of affiliate websites don't make more money and how you can steer clear of the pitfalls:
Reason #1: Trying to sell too many products.
Have you ever visited a website and been knocked senseless with sales offers? Banners flashing, moving text - moving up, down, left to right, right to left, bright laughing images bouncing across your screen.
Then the pop-ups come - pop-ups, pop-unders, pop-overs. It's non-stop sales-pitch overload - and you can't get out of there fast enough. It takes you a full five minutes to re-focus your eyes once you manage to escape from the website
Ok, some affiliate websites aren't that bad but you get the point.
While working for a bank several
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