Affiliate Marketing is not a walk in the park.
It is obvious that you will make some mistakes on the path to become a successful affiliate marketer – especially when you don’t have a mentor to guide.
I made a lot of mistakes in this journey until I found a mentor who made millions of dollars himself through affiliate marketing.
I am pretty sure that you would also be making some of the mistakes I made when starting affiliate marketing.
If you do affiliate marketing the right way, you don’t have to worry about money again.
So, read this entire guide and check if you are making any of these mistakes and improve on it.
Table of Contents:
There are hundreds of niches available to choose from but most people choose one that other people have chosen.
It is a complete wrong way of doing affiliate marketing.
Always choose a niche that interests you & fuels you up. Later, find out the high-quality products in that niche to promote.
I am VERY interested in the online business niche, mainly Affiliate Marketing. I love talking about it.
If you are find difficulty in choosing a niche, read on…
Top three niches you can choose from:
Every human being is concerned about health. The health of spouse, health of kids, health of loved ones, health of their own.
People are ready to spend money to live a healthy lifestyle. You can tap into this niche and make thousands of dollars every month.
The health niche includes hundreds of sub-niches.
For example, Any particular disease such as diabetes, sleep apnea, high blood pressure. Skin related problems, sexual health-related problems, weight loss, weight gain, stress, pet health, etc.
Who don’t want to be wealthy?
Almost everybody wants to be wealthy except some spiritual gurus who don’t believe in material things.
The wealth niche also includes hundreds of sub niches:
E.g.: Getting a job, Online business, Entrepreneurship, Startups, Loan, Insurance, Make money online, Credit card, Real estate, online marketing, Debt, Retirement planning, Lending, etc.
If you want to build your wealth, my mentor has a free program to help you with it. You can enroll for free here.
There are thousands of searches are being made on Google such as, “how to get a girlfriend”, “how to get a boyfriend”, etc.
Reddit is full of breakup & cheating stories.
If you can help anybody with the marriage, relationship, dating, divorce, parenting, etc. – This is the niche for you.
Now, Let’s move on to the second affiliate marketing mistake:
It is a big problem with the beginners.
They figure out a good niche but start promoting the products for the sake of money.
Some times they even promote the crappy product only because it has a higher payout.
For example, Keto diet pills:
This product is not going to help people to lose weight.
But you can make money by selling this kind of products & people will buy them because they are so desperate to get the results.
I don’t think it’s ethical.
You should stand behind every product you promote.
My mentor says, “You should become the product of the product.”
I would NEVER EVER EVER in my life promote a product which I haven’t bought myself & haven’t got good results.
Ask these questions yourself before recommending a product to anybody:
If your answers are positive, you are good to go. Otherwise, find something better.
The BIGGEST mistake of my life is not having a mentor.
I always refused to get a mentor because I was thinking everything is available for free on the Internet, why should I invest in a mentor?
But I was completely wrong!
There are hundreds of blog posts, Youtube videos, podcasts available to learn everything in this world.
I wasn’t getting results watching Youtube or reading blog posts. I was frustrated and want to quit this online business thing.
But things have changed when I decided to learn from a multi-million dollar mentor.
If you are also making this mistake of not having a mentor, the chances are very thin for you to become a successful affiliate marketer.
If you promote too many products, you will make less money.
It may sound counterintuitive, but that’s the truth.
When you promote too many products, your focus is divided among different products.
But when you promote a few products you can understand your audience problems and needs in a better way.
You can also find the different angles that a specific product may solve the problem for – which will help you to sell more.
You may also lose the trust of your visitors/subscribers if you promote too many products because it shows your greediness to make money.
So, focus only on 1-2 products that will solve their problem and actually worth the money you’re asking them to spend.
The mistake that every newbie affiliate marketer does – not building audience.
It is also called as “Tribe Building.”
It is the group of people who are ready to buy anything you recommend them because they know you, like you, and trust you.
Here are two ways to build the audience:
According to emailmonday, For every $1 you spend on email marketing, you can expect an average return of $38.
That’s an insane ROI of 3800%.
You might have also heard that “Money is in the list” which partially true.