I am going to be open and honest and straight to the point about the basics of affiliate marketing.
What is real and what is just hype!
I will be focussing on what is real and what is just hype regarding affiliate marketing so that you may develop a real, authentic understanding of the affiliate marketing world.
The mindset of the affiliate marketer needs to develop to be successful is a strong one.
Affiliate marketing regarded as being easy, and it is very often portrayed as easy by promotional activities. Secondly, many people are also lead to believe that when you get involved in affiliate marketing, you don’t have to do a lot of work.
So straight to the point –
Affiliate marketing is a quick way to start a business online. However, understand that it is not easy.
There are also many skills that the affiliate marketer will need to learn as they get started, and there is a lot of work that is involved in affiliate marketing.
Yes, you may be able to develop your business into a state where you don’t have to be as hands-on and can enjoy a more time freedom lifestyle. However, that is not the case from the beginning. The affiliate marketer will have to invest a lot of time to get their business up and running.
The misconception usually related to the amount of work and responsibility the vendor has the work and responsibility the affiliate marketer has to do.
Comparing the workloads, you will notice the vendors workload and responsibility to bring the product to market is immense compared to the affiliate marketers workload. However, this does not mean that there is very little work for the affiliate marketer.
The next straight to the point,
The affiliate marketer will need to make a paradigm shift by thinking of their business as a real business rather than just a side hustle. Irrespective if you may be the only staff member or if only one or two products promoted. The affiliate marketer needs to make this paradigm shift so that they can give their business the necessary focus and attention it is going to require.
The next straight to the point –
The affiliate marketer should prevent themselves from getting too emotionally attached to any single product. Therefore you don’t just build your whole business around one product in the hope that this product is going to be around forever and is going to earn you a fortune.
Reality is that products get removed from the market often. Vendors will remove a product without notice and if you have been building your whole business on a single product and that product gets pulled, that will be your entire business stopped, and you will have to start from the beginning again.
The affiliate marketer must develop a mindset to remain impartial and flexible to the products and the vendors so that they can build their business without that emotional attachment. It is best to start promoting a product with an attitude of “let’s see what will happen and let’s see if it works.”
With this mindset, if the promotion is successful, the affiliate marketer can increase their promotional activities however if the promotion of this specific product is not successful the affiliate marketer will be able to quickly and without undue emotional attachment move on to the next product. Therefore not spending unnecessary time trying to flog a dead horse.
Not every product is going to work
Straight to the point, not every product the affiliate marketer tests is going to work.
The affiliate marketer needs to clearly understand and accept that not every product they start promoting is going to be a success. The reality is that the first 5-6 products may be failures. However, here is where most fail. After a few failures, many affiliate marketers stop and say that they have tried that affiliate marketing thing, and it just didn’t work for them. The truth of the matter is that as an affiliate marketer, you may find that you start 5-6 products that fail before you fond the product that starts making money.
Now for affiliate marketers who preserver and get through the first few failures and manage to get to this product that starts to earn some commission, they find that the earnings from this product tend to make the shortcomings of the products leading to this product worthwhile.
Proving why the affiliate marketer should not get emotionally attached to only one product. If the product is not working in the initial test – move on.
Don’t get lost online!
Straight to the point –
Affiliate marketers need to be aware, especially as they get started in affiliate marketing that the online world is vast.
Why I mention this is to bring home the point that there are countless products online to promote, and earn money; however, there are also many products and loads of space online to get lost.
Be diligent to avoid these products and spaces so as not to waste your time and effort thinking you are doing productive work, where the reality is you are just spending your time. Have a plan and stick to the plan.
The affiliate marketer needs to be aware and therefore very careful not to get caught up in this non-productive void.
Stay focused on your business.
Treat your business as a real business.
Stay unattached to any one product or vendor.
Initially test a product, If the promotion is working scale the promotion, if not move on.
Have a proven plan and stick to your plan.
If you would like to learn more about affiliate marketing and get a proven plan click on free video training.