You’ve just signed up for this fantastic new affiliate program. They have great products, free referral websites, training, pre-made ads for you to copy and the best compensation plan on the internet. This is the best affiliate program on the internet! Put a few ads out there and you’re on your way to becoming the next internet millionaire. Right?
Before you break ground on that big mansion on the hill, here are a few mistakes many new affiliate marketers make that you’ll want to avoid.
Believing the hype
And yes, I do mean the hype promoted by your own program. Those income projections that every program makes are just that, projections. You can make that much. Will you within your first few months of the program? Probably not. Look at this as a long term investment in your future, not a way to get rich quick. Believe in yourself and your ability to make your dreams come true. But don’t believe the hype.
Expecting instant results with little effort
Expect to work your business. And expect to work it daily. If you opened your own neighborhood store, you’d expect to have to go in to work daily, wouldn’t you? You’d expect to have to advertise and get people to come to your store. Well, you just opened your own brand new internet store, what are you going to do to make it work? How are you going to get people to come look at your product?
Lack of a plan and specific goals
You’ve probably heard the saying, plan your work and work your plan. You need to have a specific plan and clear, measurable goals. Many people join affiliate programs with the vague goal of wanting to make a lot of money. How much money? How quickly do you want it? (Try to be realistic here, making a million dollars in one month is not realistic.) Okay, you have your clear, specific goal. Now how are you going to get there. Again, think clear, specific steps here.
Advertising your affiliate link
Wait a minute, if you don’t advertise your affiliate link, how are you supposed to get sales? Keep in mind that every affiliate for your program gets the same website that you do. You have to be able to make yourself different from everyone else in order to stand out. The way you do that is by creating a custom sales funnel with an email series. You may also want to post content on social media, Medium.com, or your blog. You can also promote offline! There’s so many options.
Getting Discouraged
You’ve been working your affiliate program for 2, 3, maybe even 4 months now with very little to show for it. You’re getting discouraged and beginning to wonder if this is worth it after all. Pick yourself up, dust yourself off and figure out what it is you need to be doing. Learn more, watch video on Youtube about affiliate marketing, take an affiliate marketing course, or simply contact the affiliate manager to help you out. Most companies with affiliate programs have dedicated affiliate managers that will provide you with useful marketing materials or tips for promoting their products.
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***Affiliate Disclosure***
I earn money by participating in affiliate programs. Many of the links on this blog www.passiveincomerising.com earn affiliate commissions. This means I earn money whenever you purchase a product that I link to. When you see links on this blog, please assume they are affiliate links. At the same time, I must say that my core goal is to always recommend useful and valuable resources and content that empowers and educates affiliate marketers to become financially free.