Wednesday, May 9, 2012

Time Management Guidelines for Affiliate Marketers

Managing your time effectively as an affiliate marketer is important if you want to extract long term profits from your business. If you aren’t using time in the most efficient possible way, it will inevitably have a negative impact on your results, no matter who your customer are or what you’re promoting. The following time management principles are aimed specifically at affiliate marketers.

The Value of the 80/20 Rule: The best affiliate marketers are those who know the importance of focusing on only those campaigns that yield a profit while discarding those without any real potential.

There’s no other business that more perfectly illustrates the truth of the 80/20 rule -which points out that you get 80% of your results from only 20% of your efforts. For the majority of affiliates, the 80/20 rule is a perfect illustration of how the majority of their income is produced by a small percentage of their campaigns. By identifying the relative profitability of your various campaigns, you can begin to shift your attention completely on those that are truly worthwhile. Focus on Cash Flow: Cash flow is essential to the operation of your affiliate business, so this is something you have to make a priority. If you’re focusing too much on long term strategies and not getting enough cash coming in now, this can develop into a real problem quite fast. You may be able to increase cash flow by choosing offers that convert better, or by making a request with your affiliate manager to receive payouts on a weekly basis. This way you’ll not only be able to grow your affiliate business without wasting any time, but you’ll also be able to capitalize on any good opportunities that come your way without any delay.

Sleep is Essential: One aspect of time management that’s often forgotten is taking care of your body, which has to have its basic needs met for you to function properly. If you’re suffering from lack of sleep, this will negatively impact everything you do, so you must pay attention to this factor. But if that’s not possible due to your schedule, you should at least try taking naps whenever you can to rejuvenate yourself. You’ll be able to accomplish more in your business when you take good care of your body. Being energetic will help you in more than one way in enhancing your performance as an affiliate, so don’t underestimate the power of a good night’s sleep.

As we’ve seen in this article, as an affiliate marketer you have to pay close attention to how effectively you’re managing time, as this is perhaps your single most valuable asset.

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