There are affiliate marketers who are very successful! In fact, if you’re very skilled you could even become a full-time affiliate marketer. In this article, we will discuss the tactics you need to pursue to be able to take up affiliate marketing full-time and successfully.
One of the best things you can do to lay the groundwork for full-time affiliate marketing is to chart your progress over a two or three month period of time. You want to pay close attention to your conversion ratio. Just compare the number of successful sales you made with the number of people you contacted in any given period of time. Ideally, you would make a high number of sales in return for contacting a fairly small number of people. If your conversion ratio is high you are a great seller. If it is not, that is a clear indication that you need to work on this area before you can take up full-time affiliate marketing.
Another thing you should look at is the stability of your market. You may be making lots of money right now, but will your product stand the test of time? If the product you’re selling is a fad or novelty, you probably will not be able to depend upon it in the long term. On the other hand, if your product is something that your customers need and will need to purchase on an ongoing basis, you can count on continuous income. If you just like novelty products and you want to continue selling them, you’ll do well to establish a website that offers an ever changing array of novelty products.
Once you’ve determined your own selling successes and skills, you should compare your performance with that of your competitors. To be able to make money with affiliate marketing on a full time basis, you must be in the top 10 sellers within your niche. If this is not the case for you, take the time to invest in some sales classes, workshops, webinars and so on to help you hone your skills and become a real pro. You can also hone your selling skills by taking a sales job in the real world. It’s easy to generalize real world selling skills to the online world.
One thing you must be very aware of is that great sales people are usually born, not made. Even though courses, workshops and so on are of tremendous value to people who have real selling talent and enjoy selling, these same courses will be of little use to someone who does not really like to sell. Without the knack and the desire, you can take all the course work in the world and not become a good sales person no matter how hard you try. Selling is definitely dependent on loving the job.
If you have examined your motivations, your selling skills, your sales conversion ratio, your market and your product and taken a good, hard look at how you measure up against the competition, you should be able to make a fairly accurate assessment of just how well you will do if you decide to quit your day job and pursue affiliate marketing full time. By following the guidelines presented here, you can determine whether or not you are ready to take this big step and/or exactly what you need to become a full-time affiliate marketer.