Hello there everyone, thanks for joining me again!
Today I’m going to share another Quora question I answered.
Its a response to a question about why some affiliates fail to make money in affiliate marketing.
If you’d like to see my answers on Quora you can go here: https://www.quora.com/profile/Jon-James-314
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People start out with very high expectations and end up giving up because the money-making part of their affiliate business is just not happening. Most reasons for failure in this business are caused by the wrong mindset or the lack of proper skills.
Here are some of the reasons people fail in affiliate marketing:
1. THEY DON’T GO FOR OUTSTANDING VALUE
Affiliate marketing is a very crowded business area. Hence, you need to find ways to stand out from the crowd. These ways are paved on the quality approach: The content you create to address your audience has to be either great of help or very entertaining (or both) to capture your audience.
2. THEY DON’T REALLY KNOW THE PRODUCTS THEY PROMOTE
Many affiliates don’t take the effort to dive into the products they want to earn commissions from. They think it’s enough to provide superficial product information.
3. THEY UNDERESTIMATE THE POWER OF RELATIONSHIPS
Affiliate Marketing is popular for not having to do customer support for the products you promote. You may not have to solve technical problems customers have with your affiliate products, but to succeed in affiliate marketing, you have to get and stay in touch with your audience.
4. THEY GO FOR SELLING, NOT FOR HELPING
People put all their energy into selling and get only little sales results in return.
5. THEY ARE EXPOSED TO TOO MUCH COMPETITION
Niche selection or, choosing the field of interest you want to build your affiliate business in, is a big challenge in the beginning. A big market niche can expose you to too much competition.
6. THEY START WITH MULTIPLE NICHES ATTEMPTS
Once you understand how a profitable niche business works, you want to build many of them to maximize your affiliate incomes. For many of us, especially the starters, failure is sure to follow.
7. THEY DON’T CHOOSE PROPER AFFILIATE PRODUCTS
Your income opportunities depend very much on what kind of affiliate products you choose to promote. You just must be aware that products with relatively low pricing result in relatively low commissions you can make per sale.
8. THEY RUN INTO FAKE TRAINING- AND AFFILIATE PROGRAMS
The “get rich quick” image is mainly caused by the heaps of scammers who promise newbies that their get rich quick schemes will bring them guaranteed success on autopilot. The whole online industry is contaminated by these rip offs targeting internet novices that desperately try to make money online.
9. THEY FORGET TO TEST AND TWEAK
There are many things you can test and tweak to achieve great improvements in traffic generation, user experience, conversion, etc. But for some reason, many people forget to establish these routines for improvements.
10. THEY RUN INTO DISTRACTION AND PROCRASTINATION
When you’re sitting at content creation for hours each day, you are happy about any invitation for distraction coming from your cell phone, tablet, computer, or whatever else device, then we jump around checking emails, social media, analytics, news and whatever else.
11. THEY DON’T BRING IN ENOUGH PERSISTENCE
No matter how good your affiliate marketing skills are, if your mindset is weak, you will fail. It’s possible that the biggest reason for failure in (affiliate) business is caused by inadequate mindset.
12. THEY DON’T HAVE ENOUGH PATIENCE
People who start out in affiliate marketing tend to be very impatient with their business. This collective eagerness is mainly caused by all the people trying to make this business look like a get rich overnight on autopilot thing.
Thanks again, until next time…
Sincerely,
Jon James Affiliate Successes 