- Before we can discuss the bumps and pitfalls of affiliate marketing . we need to know exactly what is affiliate marketing
What Is Affiliate Marketing?
According to wikipedia “Affiliate marketing", is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.”
In other words affiliate marketing , is one of the ways that people can make money online.
There are many products sold online. The people who own these products will often have other people selling their products for them. These people are known as affiliates.
When an affiliate sells the owner’s product the affiliate gets paid a commission.
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Many people are hooked to affiliate marketing because it can be financially rewarding even if you just stay at home.
For this reason alone, many have rushed to get into the game without even reading the mechanics and found themselves in the wrong way.
They found out that there is no absolutely easy money in this business and that it should be taken seriously for those who want to succeed in this business.
Affiliate marketing is indeed one of the best ways to earn money online. This Internet-based business involves a revenue partnership between a merchant and one or more affiliates, whereby the publisher or affiliate gets a commission through their affiliate programs.
Affiliates must particularly understand how a search engine work and how it relates with affiliate marketing. This is because , experienced affiliates deemed that 90% of their businesses came from search engine results
- and this is a fact! If a website is particularly optimized to for better search engine ranking, the tendency is that there will be greater traffic on the site that increases the chance of sales and revenue.
Search engines therefore, should be every affiliate's best friend because it is an effective means of online advertising.
• 5 different affiliate marketing pitfalls
1. Analysis Paralysis
Rookie affiliate marketers procrastinate over the tiniest details and delay endlessly. They are searching for the ever elusive hole-in-one, yet they don’t have the courage to swing the golf club!
2. Unrealistic Expectations
When starting out, many affiliates dream of becoming millionaires overnight. Unfortunately, affiliate marketing is not a magic pill. It takes work, dedication, and patience. Many give up too soon because they haven’t earned as much as they would like straight away.
If you were pursuing a large income by studying to be a doctor, you wouldn’t give up after the first month, complaining that you weren’t seeing any money yet. Becoming an expert affiliate doesn’t take as long as getting a medical degree (and it doesn’t cost as much, either) but there’s still a bit of learning to do, and it can still take some time to start seeing results
3. Shiny Object Syndrome
Affiliate marketers find one system or training product and start following it. But before they get through to the end and complete the project, they get distracted by other products with other promises and drop everything to pursue this new direction. They end up with a whole bunch of unfinished projects, incomplete knowledge, no money and no income!
4. Going for the “Quick Buck”
Trying to find “loopholes” or fast ways to get results. You will see a LOT of products that claim to be “the secret XYZ doesn’t want you to know about.” But if something is promising you fast results that you probably don’t really deserve, it will either (A) not work, or (B) , be a temporary boost that won’t work for very long — and then you’ll be back where you started.
5. Building Too Many Sites Too Quickly
Building multiple sites straight away thinking, “more sites will make more money.” Then, when none of the sites have been given the full attention needed, they flop.
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