With the (re)launch of my affiliate marketing blog, I figured Id put together a blog post on becoming a successful Affiliate Marketer. However, as I sat down to write, I realized there was more to becoming a successful affiliate marketer than can be fit into a simple blog post.
As a result, I’ve decided to break this topic down into a series of blog posts. I will be publishing a new part to the series everyday for the next few days so stay tuned!
Affiliate Marketing Requires Work (duh!)
The first thing you should realize about affiliate marketing (if you don’t already know) is that it requires work. I see a lot of new internet marketing courses/software getting released that promise you $23,940 in less than six weeks with only an hour of work per day.
Such products do not exist.
If you’ve decided to get into affiliate marketing to make lots of money fast, you’re in the wrong industry. You’re going to end up disappointed and spending hundreds (if not thousands) of dollars on the next best thing every month. There is no magic ticket. Like everything else in life, becoming successful takes dedication and hard work.
But the best thing about affiliate marketing, is that once you’ve put in the hard work and start making money, things get easier. You find out for yourself what works best, what strategies to use, and what markets to attack. You can outsource some of the more menial tasks and dedicate your extra time to new endeavors.
But to get to that point, you need to have a SUCCESSFUL MINDSET.
The Success Mindset: Active Learning
What does having a successful mindset mean?
It means that you are willing to dedicate the TIME necessary to develop a profitable business. And this doesn’t just mean learning, either. It means doing. You can spend 20 hours a week reading training resources and watching videos about online marketing. People are so afraid to fail with their first campaign that they try to learn everything possible before starting. They get into this permanent learning mindset that is actually not productive.
But if you’re not DOING online marketing regularly, you’re missing out on about 70% of the learning process.
You learn a whole lot more by actually putting your learning to the test right from day 1. You are able to connect the dots more when your marketing campaigns are unfolding right in front of your eyes. You are able to come up with ideas and add on to the learning you receive.
Its just like learning how to drive car for the first time. You can read all the driving training manuals that you want. But until you actually get behind the wheel of a car and start practicing what you learn, you will never actually be able to drive.
Its what I call active learning, because you’re actually taking action as you carry out the learning process.
Learning from Failure and Perseverance
If you’re going to stick with affiliate marketing, you’re going to fail at some point. Especially early on.
Accept that fact as a part of the business mode. But the great thing about failure is that you can learn from your mistakes. You can figure out why you’re not getting as much traffic as you should be, why your landing pages aren’t converting well, and why the product you’re promoting, well, just plain sucks!
Sometimes you don’t realize these things until AFTER you’ve started up a campaign. But when you learn from your mistakes, you’re able to take that information and avoid repeating those same mistakes in the future. In fact, after every campaign (whether successful or not), it is a good idea to take stock of what you’ve learned. Find out what you did well, what you didn’t do well, and what you can do better next time. Sometimes you can apply what you’ve learnt right away, and make small tweaks to a campaign to make it more profitable.
If you want to be successful in affiliate marketing, you must be willing to learn from your mistakes and persevere until you make money. And once you reach that point, you will experience joy and satisfaction like you’ve never felt before. You will realize that you’ve worked hard and it has paid off.
Treat Affiliate Marketing as a Business
Affiliate marketing is a business. It requires time, money, and hard work to make it successful. As such, you should be willing to do anything to make it succeed. Think of everything you do as an investment, and as long as you stick with it, your business will pay off down the road.
This means always staying on top of what going on in the IM world (Google updates, new social media platforms, new trends, etc.). If you’re part of a learning community (such as Wealthy Affiliate), you have a leg up on learning about all these new things. But find a few reputable IM blogs outside of WA, and stay up-to-date on what others are saying too. It will help you look at the bigger picture and give you a more comprehensive view of becoming successful with affiliate marketing.
Come up with a schedule and STICK WITH IT.
Find a time during the day you will dedicate to affiliate marketing. Whether it be one hour, or three hours. Turn off you phone, your Facebook page, and just get right to work. Over time, affiliate marketing will just become part of your routine, and it will become easier and easier to do.
Just make sure you’re consistent and that you stick with your schedule.
Few other careers offer you the flexibility and money-making potential that affiliate marketing does. You can just keep building your business bigger and bigger and draw in increasing amounts of money every month. And if for some reason, you want to sell parts of your business, you now have an asset worth significant amounts of money.
But affiliate marketing is not some get rich quick scheme either. It is easy to get sidetracked by the next big thing and get caught in a state of perpetual learning. Being successful requires taking action and persevering until you make money. It also means always picking up new ways of doing things.
All of these things come down to having the Success Mindset
My next blog post will go into more detail about the actual learning process and how to avoid scams and accelerate you’re learning potential. Stay tuned!