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Only 2 percent of those who become Affiliates will make money with Internet Marketing, say Kyle and Carson the millionaire founders of Wealthy Affiliate University.They list the 5 reasons why the majority of people fail to make any money.

1 LACK OF KNOWLEDGE

2 LACK OF PLANNING

3 LACK OF SUPPORT

4 LACK OF APPLICATION

5 LACK OF ENCOURAGEMENT

LACK OF KNOWLEDGE
The majority of people who want to get into Internet Marketing do not know how to go about it. They usually they fall for some “get rich over-night” scam that, when they have paid their money, turns out to be some useless e-book full of re-hashed ideas or some piece of complicated soft-ware with little or no instructions on how to make it work. The only person who will make money from this scam is the scammer!

At Wealthy Affiliate University the first lesson you learn is there is no such thing as a “get rich overnight” program.

LACK OF PLANNING
The next area where people fail is in planning. Most people don’t actually know how to plan. They don’t really know what they want. OK, so they want money, what for, how much, when by? How much work are they willing to put in and when? Planning takes thinking and time. Most people do not want to think. So what do they do? They fall for the “no work required” scams!

Wealthy Affiliate members can download an 8 week action plan. This is the exact same plan that Kyle and Carson used to become millionaires!

LACK OF SUPPORT
So you buy the “instant money making business in a box” and follow the “easy” instructions. Then you run into a problem. You mail/phone the so called “help” contact. What happens? Nothing, thats what happens! There is no help, there is no support, you are on your own! The scammers don’t care they have your money, thats it!

At Wealthy Affiliate University Kyle and Carson have a rule. That rule states that no member will ever be left alone to fend for themselves. You are guaranteed that if you need help in any area of Internet Marketing you will get it.

LACK OF APPLICATION
So maybe the e-book you bought, and there are plenty of good books around, has all the right ideas. Maybe the software isn’t a scam and has a proper backup service. You will still need to put in the time and effort to make the whole thing work and the majority are not prepared to do this.

Wealthy Affiliate University provide you with all the plans and all the tools you need to make money. But you have got to be prepared to put in the time and the energy. Maybe you only want to make an extra $100 per month, or maybe you want $100 per day or a $1,000 per week, whatever you want its up to you,

LACK OF ENCOURAGEMENT
Ok, so you make a commitment with your self, you will put in the time and energy. But as we all know nothing ever goes exactly to plan. Things go wrong ,or happen too slow, you get depressed. You feel like quiting.

Wealthy Affiliate University members understand that feeling. All you have to do is go to the University Forum tell other members how you are feeling and ask for help. You will find plenty that have felt just like you and who are ready, willing and able to help you.

So whatever you lack, Knowledge, Planning, Support, Encouragement you can get the help you need. But there is one area no one can help you with and that is Application. If you don’t put in the time and energy to do work you will fail to make any money just like the other 98 percent.

By: Sam Smiles

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I believe that you have heard of affiliate marketing, it is a model in doing business online which everyone is going gaga about. Affiliate marketing is the form of internet advertising that rewards the affiliate for driving traffic or visitor to the advertiser. The advertiser or merchant will then pay the affiliates due to the affiliates’ hard work.

In affiliate marketing, there are ups and downs. You must know how to cope with them and never to fall into the pitfalls of affiliate marketing. It could be draining if you are not armed with updated information and the technical how-tos.

Here are the 6 reasons, why so many people are going gaga about affiliate marketing and making it such a hot online business module.

1. Low Capital
Whenever people heard about business, they will straight away think of one thing, capital or start up cost. People scared to have their own business because they simply don’t have the capital. Is this really so? Not so for affiliate marketing, the start up cost is almost zero. You don’t have to spend that much in affiliate marketing. In fact, there are affiliates who actually make money without spending any money.

2. Your Market Is The World
Yes, if you are doing online business, then your market will be the whole world. In affiliate marketing, your market is huge because you are targeting the whole world. That is why niche marketing comes in. Niche marketing is the only way to survive and to make money in affiliate marketing. You have to narrow down and target only a small portion of people.

3. No Inventories Are Included
This is another big advantage of affiliate marketing. It is because you are selling other people’s product, you don’t have to manage any customer’s complains and product management. Your job as an affiliate is to send people to your merchant, not by creating a product and sell to your visitors. Usually, support from the merchant will be given, which is another ‘plus’ point in affiliate marketing.

4. Building A Continuous Flow Of Income
You are doing business on the internet. Meaning that you can actually set up a system that works for you, it can be in auto-pilot mode. It is not like holding a job, if you are working, you will get paid. In internet, it is different. Once your affiliate business starts to grow, you can actually create an automated system that runs with or without you.

5. Low Risk
Are there any risks involved? Maybe, but not as much as the brick-and-mortar business. Since it is a low budget business, the risk won’t be high. This is the very main reason for Internet marketer’s enthusiasm with affiliate marketing. For those who are tight with budget, affiliate marketing is the way to do it.

6. It’s A 24/7 Business
In affiliate marketing, your business is live every single second. You can have sales coming in every single second. What could be better than that?

These 6 reasons may seem seducing, but if you don’t have the right niche and product, plus all the right tools to make it work, it will be useless. All of these benefits will be put to waste. So better work on this first before ever considering those benefits.

By: Shawn Lim

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