You already heard so many tales of how you can make 5 or 6 figures from affiliate marketing. While this is true, you may be surprised to know that making a dime from affiliate marketing is not as easy as you have heard. Well, let me break it down for you, affiliate marketing is a broad field with so many pitfalls. So, to avoid becoming discouraged by the common pitfalls of affiliate marketing, it is important you know about these pitfalls and their solutions before you come across them.
ANALYSIS PARALYSIS: If you are a rookie, it is normal to procrastinate. You learn about something new and you say to yourself “I’m not ready to do that yet. ” If you want to become a successful marketer, you must be ready to get into the deep end and experiment on those new strategies that you learn. When you start procrastinating, catch yourself and take action instead.
SHINY OBJECT SYNDROME: There are myriads and myriads of systems and training products that can overwhelm anyone. New affiliate marketers start with one system or product but before they get through to the end and complete the project, they get distracted by another. In the process, they end up with a bunch of unfinished projects, incomplete knowledge and no money. The way around this is to start with a system or training course and work with it to the end. So many ways to make money online exists so choose one and then give it a chance to work.
UNREALISTIC EXPECTATIONS: Many start out with big dreams of becoming millionaires overnight. If this is how you feel, think again. An affiliate marketing business is not a magic pill, but a real business. It takes dedication, proper mindset and patience. Many people give up when they see they haven’t made the money they expect in a few days. Don’t be like that. It’s like expecting to be a successful doctor on your first day in medical school. Affiliate marketing should be viewed like a marathon to financial freedom, not a 100m sprint. Stick with it and set realistic goals.
GOING FOR THE QUICK BUCK: Many newbies prefer to take short cuts and fast ways to get results fast. There are lots of rules and ethics guiding affiliate marketing. Most quick buck strategies involve spamming your links all over the internet or using misinformation on your site to lure in customers. These practices can get you blacklisted. Be careful of claims that a particular tool or strategy can help you make money on autopilot. There is no such thing. If it sounds too good to be true, it probably is. Your affiliate marketing strategy should be ethical and should include a disclaimer.
BUILDING TOO MANY SITES TOO QUICKLY: Many new affiliates go ahead with building too many websites at once thinking more sites will make more money. While having multiple sites is recommended, you will need to give them the full attention that is needed. When your site does not get the proper attention required, it flops. If you are new, start with one affiliate site and build it like a home.
The above pitfalls are very common and they account for why many give up after a few months. You will require the mindset of a millionaire to become a millionaire through affiliate marketing. You should learn to develop a growth mindset. This is important because there will be a lot of bad days and only a positive mindset can keep you going.