I have been making a small income online from affiliate marketing for the past year and a half. I've definitely not seen it all but I have seen a few things. I have been online since 1996 so in that sense I've seen a lot of things and a lot of change.
Technology has advanced so much in our favour that it is much easier to start an online business and make money than ever before. Having said that most people will end up quitting and failing. I have felt these same feelings of self doubt and giving up.
Then I ask myself this question, What positive thing in your life have you ever gained from quitting?
Here's why people fail:
- they set their expectations way too high when they start out
- when they don't make any money within the first week or maybe a month they quit
I have no insider knowledge on what it takes to be successful but I do know from my own example and what I've done wrong. At this point in my own evolution I can only tell you what you should do. Basically you will fail because of 3 main things:
1. you are too negative, also known as 'stinkin thinkin'
2. you lack proper training or have no training
3. you have set unrealistic expectation of how much money you'll make
I have only been doing this full time for just less than 2 years. In that time I've taken a lot of training and learned a hell of a lot about who I am and what the internet is all about for making money. I learn from other internet marketers every day. I believe affiliate marketing to be the best chance we all have to make money and build a business online.
To help you get started look at these 10 tips as a blueprint to help you succeed with affiliate marketing now and as the years roll on.
1) Run Your Business Every Day
You have to be involved in running your business every day. It's your baby so take care of it and nurture it every day. Take it seriously.
A lot of people who join and really want to build a business have the attitude of, I'll just see how this goes and I'm not really sure if I can do this'.
This is the wrong mindset to have right out of the gate. You have to take it serious or it won't work out. Think BIG commitment.
You are getting ready to FAIL big time if you don't commit yourself to building this business you want the right way.
You have to put skin in the game. Your own skin, by way of time and money. You can do a lot of things with the right amount of money and the time to do it. Take the time to set yourself up for success and not develop a stinkin thinkin mindset of, 'I'll see how she goes, but I probably can't do this for long'. Avoid doing this to yourself.
Another reason people quit too soon is it doesn't cost anything to get started in affiliate marketing. It's cheap so they say to themselves “No biggie, it didn't cost me anything so no loss there.”
You know what? Ya, it is a big loss. How about the loss of your dream. That dream you were so excited about, but now find yourself just up and quitting for no good reason. This business will not run itself, it takes a lot of work so put a lot of work into it. If your business is not successful it's YOUR fault. Yes it is, your stinkin thinkin has killed your online dream. Don't blame anyone else or any program that you joined.
Imagine starting up an offline business on the main street in your hometown. How much money would that cost and how hard would you have to work at it to make that business work?
Run your business, it needs you, it will die without you so take it serious.
2) One Niche at a Time
I see excited people all the time who want to race out and accelerate the process. They aren't satisfied with one business making a little money, so they start multiple websites trying to scale up the money making process when they have no clue what the hell they're doing.
You're just starting out so focus on one niche first. Get good at working on one business before you even think of starting another.
I see this all the time. My friend from Texas put it this way, “It's pretty hard to ride two horses with one ass”.
You will burn yourself out and end up quitting because you have overwhelmed yourself with too much work. One job at a time and ONE NICHE at a time.
You will set yourself up for success this way.
3) Promote Products You Know and Use
This is a problem I see a lot. New people getting into affiliate marketing join all kinds of affiliate sites and have no idea what the product does or how it works.
This is a big mistake and your potential customers will lose trust in you because you don't know what you're talking about.
Why would you even want to recommend something to your friends and family that you yourself aren't even using or have used. I don't think you can and you really shouldn't.
You will end up with ZERO credibility as an affiliate marketer, people have to trust you and the business you're in or this won't work. NEVER intentionally be deceptive.
I only recommend services I use and products I own and books that I've bought and read. This helps to build trust.
I can talk about the product with trust and on a much deeper level because I own it or have tried it in the past. I can also defend it with certainty because I have experience with it.
I will even have the ability to point out flaws and explain the things I don't like. You will be able to comfortably and accurately promote products you have experience with. I know we're not perfect but put the odds in your favour by knowing what you're talking about.
4) Get Training Avoid Salespitches
There is a learnig curve. No shortcuts and don't believe any hype to the contrary. The internet is populated with scam artists promoting false hope and scam services promising you riches in days. It doesn't work like that and don't become a victim.
People become victims because they don't take the time to get trained and learn as much as they can about internet marketing. Don't be in a hurry, it takes time to get educated and build a business. If you've never done this before go slow, you will get better in time.
What would make you hit a 'JOIN NOW' button on a website?
You have to be guarded against scammers because they know you're weak and maybe financially desperate. They will scream at you through the bright lights of the internet with these kinds of promises:
- make thousands of dollars in just 30 days
- act now this offer won't last
- get a ton traffic with the push of a button
These are all ways of scamming you. You can tell how ridiculous the language sounds once you say it over and over again to yourself. Do you really expect to earn that kind of money for free and with no effort?
This is all scam language.
Some of the red flags are when the product owner tells you, you can make money overnight and with no effort or uses false scarcity saying this offer will be removed so you better buy now. Another classic BS scam alert is when a video starts playing that you can't turn off. The majority of time is spent talking about what a great life you can have if you just buy our product.
Or my all time favourite line, “I used to be a bus boy and now I have all this”. He points to the big mansion and the bikini clad girls. Thing is, those girls are paid actors and the props are rented. This is all a front for a scam.
Do your homework before you invest money in an affiliate marketing product. Google search for reviews. Educate yourself. Visit online forums and ask questions. Reddit is a good place to search for independent advice. Chances are somebody there has already been scammed and is online venting.
The best way to protect yourself from all this is to get educated and find some training. The best place I've found so far with no outrageous get rich quick claims is at Wealthy Affiliate.
5) Go With One Marketing Strategy
Just as you need to focus on one niche, you need to have only one go to marketing strategy. Mine is written content and that's what I do and promote. Within months I will be promoting content through videos. This will be my core plan of attack.
You will hear about and read about all kinds of different ways to market your products and services. There is always someone coming out with their way of doing things and you just HAVE TO try theirs.
Well you don't. Most likely it's another BS story you don't need to follow to throw you off track. Are you on Snapchat, LinkedIn, Pinterest, Twitter, Facebook, Google+ etc...? Well you better promote yourself on all these channels or you're not going anywhere. Again, this is pure bullshit!
Just focus on one strategy. You can't do them all and if you try you'll end up getting frustrated and quit. So, for now forget Google Ads and Facebook Ads and just focus on publishing quality written content to the web.
Become a master of one thing and leave the others behind. You can get better mastering one strategy at a time and you'll find eventually you will make it work.
6) Make A Schedule
From Monday to Friday every week write out what you are going to do to grow your business. It doesn't matter how big or small the tasks, have a written schedule.
Grow and work on your business first. Stop wasting time on useless social media chats and watching TV. These are all distractions you don't need. You will end up wasting valuable time.
Every day have a plan. On weekends, I do my keyword research for the coming week. I don't publish anything on weekends when most people are enjoying time off. I also pick one day a week to upgrade my skills by watching videos and reading written training.
The rest of the days are spent writing content for my business or writing reviews. No matter what you choose, have a schedule and get into the habit of sticking to it.
7) Choose Your Products Wisely
It boils down to two main things to consider when choosing products. The quality and the amount of commission you can earn. A lot of people are consumed by Amazon and I have no idea why. They are the lowest paid provider in the marketplace. Lots of quality products but they only pay 4%. That is $4 for selling a $100 product.
The other thing to consider is the quality of what it is your promoting. Make sure the brand has a great reputation. Stay away from crap, nobody wants to buy it anyway.
Look for high commission products instead of just sticking with a 4% from Amazon. I am a member of the following affiliate networks:
- CJ - Commission Junction
- Link Share Rakuten
- Click Bank
You can spend days on each site looking for quality products that are specific to your business to promote. Don't get paralyzed at what they have to offer just get started with the ones you already use and know.
In the early days of my affiliate education I was using a lot of Click Bank products. As of right now I'm only promoting one. Clickbank is the main hub for digital products and services. Take your time and do your homework before you even suggest that somebody you know buys one of these products.
The last thing I would suggest you do is look for products that will earn you a residual commission. They keep paying you when the customer purchases or renews a service. It's a great way to keep earning money once the original promotion is finished.
8) Exercise Patience
I talked about this earlier but it's worth repeating. Building a business that generates consistent income month after month takes years. Anybody that tells you different is a liar and a bullshitter. Don't listen to them.
This is not a 'Get Rich Quick' bullshit scam line. You don't build a business in a week and you don't make millions in months. This only happens to lottery winners and scam artists.
Exercise patience and take your time. Never give up on yourself when things aren't going smooth. Keep working hard and stay positive.
It's not going to happen without you so stay positive and be patient. Motivate yourself by reminding yourself why you wanted to start this in the first place.
I would suggest you give yourself at least a year to make it work. That should be long enough and give you enough time to figure out if owning an online business of your own (remember your dream) is for you or not. You owe yourself at least that much time. Patience grasshopper (old line from Kung-Fu TV series).
9) Get Personal
Potential customers are more likely to buy from you if they know you. Share your life them and get as personal as you can with every blog post that you write. This builds trust like the wedding picture I have posted on my front page. I want to appear like a real human person to my audience.
The more they know about me the more they trust me and are more likely to come back and sign up to my email list and eventually buy something.
At this point in time when I'm asked about what I'm doing and where do I go for my training and info, I don't hesitate to tell them about my membership to Wealthy Affiliate.
It's because it's true and I believe in the product. I believe it's the go to platform to build an online business in the 21st century. I'm using it so why not tell others about it.
Share your story and personalize it every time you connect with your customers.
10) Develop a Positive Mindset
Get to know who you are as a person. Do you give up and quit easily? or are you the type of person that says 'See the hill, take the hill'. Your success as an affiliate marketer depends on it.
If you think you can, you can. If you think you can't, you can't. Either way you're right.
Every day focus on why you're doing what you're doing. It's different for everyone. For me, I've always wanted my own business. This is what motivates me during the tough times. I'm retired now and I want to build something that is mine instead of the history of just working a job.
I want to build something I'm proud of and to sustain me through my retirement years. If you know what you're why is, you will be less likely to quit when things get tough and self doubt sets in. It will, trust me, it will.
Your mind can be the most powerful tool you possess. When the memory tapes start playing in your head reminding you of all the things you've tried in the past and failed at, this is when you have to be at your strongest.
I've already mentioned how long this takes and how much hard work is involved so expect that and don't give up at the first sign of getting stuck. It's all in your mind, stay strong and you will be a success beyond your wildest dreams. Believe it and you will achieve it!
Enter your text here...
Enter your text here...
Want To Learn How to Make Money in Affiliate Marketing
Let Me Help You!
I will teach you how to generate a consistent monthly income and give you everything you need to build a successful business online!
* No experience necessary
* Put away your credit card it's FREE
* No strings attached