There are a number of affiliate marketing problems which come to light once you have had a good crack of the whip and tried out affiliate marketing for some time. Those who make a living from it are a small percentage of those who have tried it. It is possible to earn a living from affiliate marketing but you need to persevere and treat it as a business and not a ‘get rich quick’ scheme. Here are some of the problems I have encountered over the last few years as an affiliate marketer:
I initially started working online to subsidise other work which was very sporadic. I had very little income and so wasn’t able to spend much on my online business. I mainly bought a few low cost courses and put a tonne of effort into some of the ideas within those courses. I spent a lot of time doing things which didn’t amount to much. I learned a lot of skills but my time was being wasted and no sooner had a ‘work online’ course come out, the ideas in it fast became obsolete. Many of the courses I took relied on ranking websites on Google and of course this is now harder than ever, even with great content. See How to market your website for free and How to generate lead for free if you are on a tight budget.
Shiny Object Syndrome
I would persevere for a few months with one idea and, with a lack of tangible results I would look for the next ‘shiny object’. There are literally thousands of empty promises online of a better life with this new system which offers ‘instant’ cash flow. Being distracted continually by the next course and then the next one keeps you from making consistent effort in a single direction. Your energy is dispersed by always changing tact and this stops your progression. You need to persevere in a single direction and stay on the path until you see results. Find a mentor and stick to a path, with consistent effort until you see results.
Giving Up Too Easily
At one point I had around 100 websites all with affiliate products on them after following a system which taught how to rank sites and make money through collecting emails. Unfortunately for me, none of my websites ranked at all on Google and so I got no traffic. Rather than giving up I used the experience to be my teacher and get a better understanding of how an internet business really works. Don’t expect it to be easy and keep working on your self. Failure is not an option!
Expectation Of Easy and Fast Success
When you expect too much from your internet business without putting in the effort required, you will always be disappointed. Don’t expect an overnight success. An internet business is like any other business and isn’t easy. You need to work hard at learning and implementing what you have learned. If you don’t have the results you want take steps to understand what you need to do differently. Get a strategy and stick to it for the long haul but keep fine tuning it and analyse what works and what doesn’t.
Resting On Your Laurels
To ‘rest on your laurels‘ means that you get lazy or complacent about what you could achieve because you’re too busy basking in the memories of your early success! A couple of affiliate sales doesn’t amount to an online business. You need to keep working hard on your business for it to work for you. Don’t assume you have cracked it with a couple of sales. Plough your cash back into making consistent sales and building a long term sustainable income from the internet.
No Traffic To Your Blog
This is probably one of the biggest problems with affiliate marketing. You follow a course of action full of enthusiasm, and even build a website and learn how to create affiliate links. It’s all quite good fun for a while and then it hits you – several months have passed and you haven’t made any money. In fact, you have only spent money and a lot of time, and you seem no closer to achieving your goal. The truth is, there is a lot to learn and it will take some time to learn even just the basic skills for affiliate marketing. Once you know them you need to keep momentum up and keep moving forwards. Knowing is not enough. Don’t get stuck in ‘education’ mode.
Not Setting Goals
As an affiliate marketer you need to set goals for your business. It can be very easy to get lost and end up browsing the internet and watching videos without actually implementing anything that you have learned. Don’t be a ‘busy fool’ and make sure you are spending 80% of your time on money producing activities and 20% on learning once you have a direction.
Not Having A Clear Path
To set goals you need to have a direction and purpose for your business. Making money is not always a good enough target. You need to make sure your goals are in line with your values otherwise you will end up sabotaging yourself somewhere down the line. See “How to get lots of money for anything fast” to align your subconscious and conscience mind for setting and achieving goals fast.
Not Having A Mentor/Community
Having an internet business can be a lonely pursuit and it’s easy to drift off the path with self doubt, uncertainty and insecurity. Having a mentor and being part of a community can help immensely with the purpose and direction of your internet business. Many affiliates choose affiliate marketing simply because they work well on their own and want to have a flexible job and no boss. Also many affiliate marketing problems can be solved by searching forums, YouTube and Google for answers. However,it’s also nice to have a ‘go to’ community you can pose questions to when you’re having difficulties. Access a community and mentor for your affiliate business here.
Not Taking The Right Actions Consistently
You might do some of the right things to build your business before getting bored and looking for something new. (This comes back for shiny object syndrome). However, you need to take constant and consistent actions which bring in sales consistently over the long term. Knowing the best actions to take and taking them consistently over the long term will bring you the greatest success in your online business. Get an online education and make sure you know (and not just think you know) the best direction for the fastest results.