It’s always one of those “I can’t believe it” moments when new affiliates discover the world of affiliate marketing. When they realise you don’t have to worry about product development or shipping. They immediately “jump into it”, forgetting to perform their due diligence on the company they are joining. Then soon afterwards they expect to be making money within weeks of starting up, until reality ‘sets in’. They are a long way off from being millionaires – if they’re even fortunate enough to be among the minority who do. Here are some mistakes and tips on how to avoid them.
As the saying goes “patience is a virtue”. It took years for Microsoft and other big companies to take off and achieve success. In fact most businesses can take up to 5 years before they start seeing any profit. Treating your affiliate business as a real business is important. Super affiliates that earn $100,000 a month took years to get to that point.
It’s important to research a program before signing up. And make a commitment to “stick it out”. If they offer training and other resources, take advantage of it. Update and maintain your site with fresh content. And don’t “jump ship” when the going gets tough.
2. Too many affiliate programs
Avoid the temptation to subscribe to too many affiliate programs. When the going gets tough, it’s easy to think the grass is greener on the other side. The problem with 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 three or four programs at the same time to enable you to turn your hard work into cash.
3. Choosing the wrong 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 offer products that niche may not be interested in 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. Check the profitability of that niche.
4. Broad marketing efforts
Focus on Niche Marketing. Focus on a smaller niche, the smaller 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 or two ways will help you to achieve your affiliate program goals. Try to get people to join your list. Then keep in touch with them by sending out valuable information.
5. Link exposure
Hiding your affiliate link on your website is a must nowadays, this does not mean you shouldn’t disclose your links, NO! it means you need to protect your affiliate ID. Most affiliate marketers still make the mistake of making there links visible. Internet users have become savvier and the honest truth is that most web users won’t click on an affiliate link or anything that looks like one.
There are many stories of people’s affiliate ID being switched out for their own ID to divert traffic are becoming more and more common.
There are many big mistakes made by new affiliates that can be easily avoided, but these are just a few of them. But in saying that, making mistakes in business are inevitable. If you’re going to fail and make mistakes let it be early on in your business, that way you learn from them quickly. This will help you to move forward towards success.
If you enjoyed this article, you may enjoy reading “How to start an online business for women”