It’s always one of those “I can’t believe its true”
moments for new affiliates once they discover the world of affiliate marketing.
When they realise you don’t have to worry about product development or
shipping. They immediately jump on board, forgetting to perform their due
diligence on the company they are joining. Then soon afterwards they expect to
start making money within weeks of starting, but reality always strikes. They are yet to be
millionaires. Here are some mistakes and tips on how to avoid them.
1) Lack Of Patience: Patience is a Virtue like they say.
It took years for MacDonald’s to be a successful; it took years for Microsoft
and other big companies to take off to success. Infact most business takes up
to 5years to start seeing profit.
Treating your affiliate business as a real business is important. Super affiliates that earn $20,000 a month
took years to get to that point.
Research a program before signing up. Commit to stick it out. If they
offer guides and training take advantage of it. Update and maintain your site
with fresh contents. Don’t jump ship when the going gets tough.
2) To Many Programs: Avoid the temptation to subscribe to
too many programs. When the going gets tough, its easy to think the grass is
greener the other side. The problem
about subscribing to too many programs at the same time is that you’ll fail to
give them the attention and focus they deserve to make you money. I recommend
two or three programs at the same time to enable you turn your hard work into
cash.
3) Wrong Choice Of Program: When it comes to choosing
affiliate programs, choose the ones that have a generous commission structure,
and that pay their affiliates easily and on time. Have affiliate products that
fit in with your target audience. Choosing programs that offers products that
might not interest people means no commission or money for you. If you join a
program that offers products that are “hot” you will be competing with
thousands of others who are promoting the same product. Choose a niche you KNOW
information about! Check the profitability of that niche.
4) Generalized Marketing: Focus on Niche Marketing: Focus
on a tiny niche, the tinier and narrower that niche is, the better. Try
improving on a single key aspect of your business at a time. Putting your
efforts in one of two ways will help you achieve your affiliate program goals.
Try getting people to join your list. Then keep in touch with them by sending
out valuable info.
There are many big mistakes made by affiliates that can
be easily avoided, but these are just a few of them. However making mistakes in
business are inevitable and important. I recommend failing and making mistakes
fast and early in your business than learning from them. This would move you
forward towards success.
Now I want to make a very important point, if the best option always was to handle your own advertising, there would not be affiliate marketers, some business owner fell they should outsource their marketing while freeing more time to do what they do best, to handle other important parts of their business that they have expertise of.