2 Common Pitfalls of Affiliate Marketing!
Affiliate Marketing can be one of the most rewarding ways to make money online. It can be extremely lucrative when done correctly. However, as an Affiliate Marketer you need to know how to successfully market a product that belongs to another company or person.
Affiliate Marketing is an excellent way to create a solid income stream, but it’s not simple. It takes skill and knowledge. Here are two of the most common pitfalls made by new affiliate marketers that ultimately can lead YOU to fail.
Pitfall number one…
Choosing Products to Promote Based on the Size Of Commission…
This is a common mistake made by new affiliate marketers. They look for products that have the highest commission and choose affiliates solely based on the amount of commission paid per sale. However, you need to remember that your goal is to make an income stream that will last long term into your future.
To do that you need more than a low interest product that pays a high commission. You want to start to create trust in your visitors so they come back and buy from you repeatedly. To do that you need to offer a legitimate product.
You also need to try this product and be able to say “this is something that I believe in and that I would use.” This will build relevance and trust for you and your company and help to create a long-term income stream for you. As you add new products over time, your customers are going to trust what you have to say, and keep buying from you.
Pitfall number two…
Affiliates Don’t Build a List!
One of the most common mistakes new affiliate marketers make is to send traffic directly to their sales page. The very first thing you need to do to build your Affiliate Marketing business is to build an e-mail marketing list. If you are sending traffic directly to your sales page you’ll get the one commission from them but that’s it.
However, if you take the time to build an e-mail marketing list, you’ll be able to make many commissions off one customer. You will build relationships and therefore long-lasting clients who are already targeted for the product(s) you are offering. Once you’ve created a list you will be able to market over and over again for as long as you want to for the same customers, as long as they stay subscribed. Start smart and build your e-mail list first before you do anything else.
If you can Avoid these two pitfalls you will be well on your way to becoming a successful affiliate marketer!
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