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Expansion and Diversification is an Affiliate Marketers Best Friend

Posted on August 2, 2007 in Affiliate Tips, Working Online  

Ok I know it has been a while since I posted. I apologize, I have been enjoying life too much…. Wait a second I don’t apologize, but I will be posting more. I wanted to give a little insight in this post and talk about Expansion and diversification in Affiliate Marketing.
First, if all you have had success out the gate congrats, but for most this doesn’t happen. BUT even people I know that have had good success out the gate (revenues of 100K a month), I know some that are back working their 9 to 5 or looking for 9 to 5 to pay the bills.  Why… basically they didn’t have any expansion or diversification plan… they banked one or two hot offers and they slowly died off. To really make it in this business you need to expand… try new offers outside your comfort zone.  Try diversification with other affiliate networks… whatever you do don’t just sit there and live the fat cat life for a few months only to find yourself working for the man again because you didn’t plan.  An old saying that I love is “If you fail to plan, then you plan to fail!” But I feel that if you plan to succeed you will succeed if you truly put forth the effort and don’t expect something for nothing.  A great example is Shoemoney…. He made and still makes money from ringtones, but the huge payout days have passed… but he had forethought and in turn created Auction Ads. Which was recently bought, for how much I don’t know, but I figure between 1 and 5 million. Of course he still runs affiliate campaigns and builds sites and he doesn’t want his online empire to die so he continues to look for the next big thing.  I encourage you to do the same not just what you are promoting today… but what are you working on today, that will still make you money a year from now ( 2 years, 5 years, etc..). If you don’t have anything that falls into that category you are just waiting for a bust or plan on killing yourself everyday to keep afloat.
1. Plan for Today
2. Plan for the Future.
3. In the Plans Diversify (Campaigns, companies and revenue streams)
4. Enjoy life!  (It’s no fun having a load of cash and not enjoying it)



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Comments

5 Responses to “Expansion and Diversification is an Affiliate Marketers Best Friend”

  1. Phil on August 2nd, 2007 6:06 pm

    great post. You talk about expansion and diversification. Do you limit that to affiliate marketing only? or do you personally have communities, or websites.

  2. LurksterAZ on August 2nd, 2007 7:37 pm

    Awesome post, expansion and diversification is a definite must. I think learning other outside ‘comfort zone’ industries is great start and I personally have started to do just that.

  3. SonicReducer on August 7th, 2007 10:51 pm

    Great advice and list at the end. I always have to keep reminding myself to enjoy life!

  4. Brad on August 10th, 2007 10:48 am

    Thanks David. Quite often it’s your posts that get me going again.

  5. Allan Stewart on November 6th, 2007 9:58 am

    Man its such a tough market these days, I need inspiration. Anyone know any networks which allow you to advertise gambling related terms?

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