One of the most damaging things you can do to your affiliate marketing efforts is delay. Over the past year I've learned timing is critical in Internet marketing. You will miss the party entirely if you're late. Here are the three consequences you face.
One: Lost Search Engine Ranking
The search engine placement hill gets exponentially steeper when you delay to act on a hot new product. Believe me your competition is out there finding related keywords, writing articles, blogging and doing folksonomy work. The first movers make the position, and the money.
Two: Advertising on Google Will Cost More
One major factor determining how much you pay for a click in a Google Pay Per Click (PPC) campaign is your quality score. A large factor of that is your click through rate (CTR). If you have no CTR you will have to pay a premium to start, even if your competitors have a lower overall quality than you will have. On the other hand, if you establish a high quality score early, especially with a high CTR, it is likely you will pay less for a better position in your Google affiliate marketing campaign.
Third: You Will Lose Income Opportunities
The earlier you start, the more people will associate an offer with you, and your affiliate code. You can't get any earlier than before the launch of a new product. If there is an affiliate campaign going before the official release and you're not part of it you'll be left fighting hard for just the crumbs. Fortunately you don't have to be a big name to take part.
That's me. I'm just a guy on the outskirts of affiliate marketing making enough to get buy full time and gathering steam. I don't have a list and nobody knows me. Still, I'm participating in a pre-release campaign right now with reputable Internet marketers. You can read about it on my Internet marketing blog; the link is below. I signed up for the earlier notification email group and then saw others were already promoting it. I sent a quick reply email to one of the promotional pieces I received and asked if I could participate in the pre-launch promotion too. It was a quick reply from the owners of the product giving me the green light. Now I have an edge of 1 week+ with my tracking code in the system, and advantage over you.
If you want the edge in a Pre-launch opportunity plus $50 USD credit and a discount on launch day see the details at Who Loves Money . You have until launch day, May 1, 2007.
Find out why my favorite affiliate program is Hydramedia