Start your affiliate marketing career by choosing a handful (maybe half a dozen) of products that you are interested in, that you feel you can learn about, and that you can market confidently. If you know a lot about microwave ovens, for instance, then you should look for an affiliate program in that niche and avoid, say, conventional ovens. Of course, that’s a silly example, but the point remains. Focus your efforts on a few great products and a few great websites to promote them.
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
To find a good program, start first with companies that are large and trusted. They generally offer lower commissions, but that is because they actually pay their commissions. Once you know which programs are interesting, scour the web to find out if they actually pay. You don’t want to put in the work, over months usually, just to find out that the company won’t pay. Finally, make sure that the program has a support system in place. The best programs should not only be in touch when you first sign up, they should also email you when you make sales, keep you up to date about earnings, and be available for problem-solving and troubleshooting.
When promoting affiliate offers, just make sure you are fully aware of all the terms and conditions attached to your affiliate program. Some programs can be strict about how they allow you to promote their products. For example, some may limit you to banner ads and links only, while others will allow you to use paid advertising, but won't allow email marketing.
However, here is where many affiliate marketers fail. Just because you advertise a product or service for a company, it does not entice a blog or website visitor to purchase it. You have to usher people to affiliate marketing opportunities. Not by throwing a random link on a website, but by helping a website visitor understand how a product or service will fulfill a need they have.
I just stumbled on your site, Its a new year and I really want to start up something on the internet that I can make an income from. I've browsed through various topics but havent figured out yet where to start from. I've heard the term Affiliate Marketing but dont know how it works, then I've seen some of protifable niches you listed in '1781' . How can I affiliate with a niche that I know nothing about but its profitable?
Anyone can become an affiliate marketer. It requires little or no start-up costs as you won’t be involved in the creation of the product. You will have nothing to do with the shipping or the customer service, don’t need to buy any inventory, and can instead focus on what you do best – selling the product or service. You may have to spend a little on the web hosting and domain name, but that’s not really much.
If your domain is your address, hosting is like the actual house within which your site will live. It's your own little slice of the internet — the place where all your website files live. Hosting is very affordable these days, so don't unnecessarily scrimp on costs. Go with a reputable, reliable provider because your affiliate marketing business depends on it.