Hi, I know that you and many others who visit my blog are eager to find a way to make money online to increase your income. In any form of making money online or business, you are required to have a correct and accurate thinking.
In my blog, I will not only introduce the guidance, orientation for you, but I will also share the thinking that I am applying in my online business.
The following article will talk about thinking in Affiliate Marketing, this is the form of making money online has brought success to me.
If you are new and want to start learning about affiliate marketing but you do not have much knowledge about it, you are not confident with your ability … then read the following article. You will learn a lot of useful new knowledge
- Why Choose Affiliate Marketing?
- Common mistakes when you start your affiliate marketing business
- What skills do you need to get started with affiliate marketing?
Why Choose Affiliate Marketing?
If you do not know what affiliate marketing is, read this article!
In my website the number of affiliate marketing articles is quite large because I would love to write about this topic. It may be because it is the path leading me to MMO success so I want to share it with you.
What is affiliate marketing? In a simple way, it is that we are going to promote other people’s products and get commissions. There are many vendors that need you to promote their products.
Here are some examples:
Amazon: Few people do not know about amazon. Most of us have bought at amazon at least once. Amazon has affiliate program, you can join and promote products, commission percentage from 4% to 9% depending on product type.
The commission rate is quite small but there are many types of products. Buyers come from all over the world so the amount will be high, leading to a high potential for commissions.
There are many people who make thousands to hundreds of thousands of dollars every month through affiliate marketing program of amazon. One of the most popular ways to make money with amazon affiliate marketing is making nichesites.
Clickbank: Unlike Amazon, Clickbank specializes in digital products, such as online courses, software, tools for online marketing, ebooks,… So the commission rate is very high, usually 50% or more, but the buyer will not be as much as Amazon.
Shareasles.com or cj.com: These are large affiliate network sites with tens of thousands of companies in all areas such as servers, domain names, fashion, toys. They need partners to promote their products.
Jvzoo.com or Warrior Plus: These are the affiliate marketing networks of digital products in the period. These products are usually sold for a certain period of time.
The commission rates are very high (50% or more, even up to 100%) because they need customer information to promote other products so they are ready to give you 100% commission.
The method of making money with these affiliate networks is called product launch. Although there are products sold throughout the year but quite a few.
Here are some reasons why you should choose affiliate marketing:
1. You do not need your own product
You do not have to spend time, effort and money to create your own product. The only thing you need to do is promote, marketing to sell those products.
2. You do not need to care about shipping and customer care
100% of your work is promoting the product. You only answer customers when they directly ask you simple questions… Like giving the seller contact information to them to contact themselves to get support.
The vendors will be responsible for shipping, customer care.
3. You can get started with low cost
Unlike many other forms of business and making money online, affiliate marketing does not require you to invest large amounts of capital to get started. You can even get started with only 50 to 100 dollars a month.
The initial cost to pay for items such as hosting costs, domain purchase, hiring content writers,…
4. Hone your marketing skills
When you start your affiliate marketing business, you will promote other people’s products. Then when you have enough knowledge and experience, you can produce your own products.
And that, you will partner with other affiliate marketers and they will promote your product.
In the process of building your affiliate marketing business, you will be exposed to a lot of new online marketing knowledge and methods.
You will realize that online marketing is now growing rapidly. It becomes the primary marketing tool of many services and products.
From there you will learn a great deal of marketing knowledge to apply to many areas of your life and work. For example: SEO, content marketing, email marketing, facebook marketing, etc.
5. You will be paid on time
When you are an affiliate marketer, that means you have become a partner of the vendor. The fact that you sell a lot of products means that the income of the vendor will be high.
They will look forward to continuing to cooperate with you for a long time. So they will keep paying you on time. Often there will be intermediary networks that connect you with the vendors, which will ensure smooth billing processes.
These networks will also ensure the prevention of fraud and policy violations. If you deliberately use fraudulent or fraudulent activity, your account will be locked out. Please be careful and consult their rules.
6. There are a variety of products to promote
All products and services in life can be promoted through affiliate marketing. So you will not have to worry about the lack of products to promote.
Often we will classify them into two main categories:
- Product launch: Products are promoted in a short time. New people should choose these products because of low competition. You will have more opportunities to make sales, and learn a lot of background knowledge.
- Long Term Product: These products are sold and promoted for a long time. These are competing products. Once your website appears at the top of the search results with keywords about these products, you do not even need to do anything further and still receive passive income.
After you have earned the first money from affiliate marketing, the next thing is to scale up your initial results.
For example, once you’ve built a site that generates thousands of dollars a month, you’ll know how to build 10 more sites.
Or, if you know how to use $ 10 in advertising for $ 100 in revenue, you’ll be able to increase your budget to hundreds to thousands of dollars to increase your revenue.
One of the advantages of affiliate marketing is the infinite potential to scale up your income.
8. Passive Income
In section 6 I mentioned passive income. This is exactly what I am aiming for and now I have achieved somewhat of this purpose when making money with affiliate marketing.
Think of a day you do not do anything but your website is still operating normally or your ad system is still fully automated.
You just enjoy, go out with friends and family, do your favorite things, spend time creating your own products… but revenue from affiliate marketing still returns regularly.
Here are 8 reasons why I choose affiliate marketing and remain loyal to this direction until today and in the future. This is probably the method of making money online that I will pursue forever.
After reading the above benefits, I believe you are very interested in this method of making money online. But do not rush, read the following section, you will understand why Affiliate Marketing is not easy at all.
Common mistakes when you start your affiliate marketing business
Beginner affiliate marketer often encounter the following common mistakes. Continue reading the following section and learn from experience.
1. Think that making money with affiliate marketing is easy
If this is an easy field, then everyone is rich. Yes for smart and talented people, it is not difficult. But in fact, Making money with affiliate marketing is not easy at all.
You have to attract people who are interested in what you are promoting to your website. You have to optimize your ads to show only to potential customers, avoiding unnecessary costs.
Affiliate marketing is not easy for many people, so when you start you should not be too confident!
I have met many cases in which many people rush to build a website with thin content. They abuse the spam and black hat techniques, resulting in their website being penalized.
Or there are many people who invest money in advertising but they do not get immediate results, leading them to get discouraged, give up and lose confidence in affiliate marketing.
You should not be illusory. Affiliate marketing is a difficult field, especially for newbies. So you have to complete each step sequentially.
In that process you constantly learn and acquire experience. This is very important to equip you with a solid foundation for building your affiliate marketing business.
2. Choose the wrong affiliate marketing courses
A lot of people just earn some money from affiliate marketing or even have not earned any money yet but have also sold the courses to teach others.
They do not have the qualifications and knowledge to teach you. They only teach you a little bit of the theory available that you can find anywhere on the internet.
Usually a beginner always wants to find a reputable person to learn from his or her success. Here are some indicators for you to choose a course:
You should consider the following criteria:
The teacher has a knowledge sharing blog. Read the blog of the teacher to see if the knowledge of that blog is useful for you. If so, you can trust and learn from that person, because often in the courses the instructor will share more advanced knowledge than what is on the blog.
Professional website: They have high level of knowledge to make professional website.
The teacher publicly posted the number of participants and reviews on the registration site. The large number of members and long hours of operation always create more prestige than the new courses.
Do not massively receive members each time. For personal gain, some people agree to accept large numbers of students. This will make it difficult to support the trainees during the teaching process.
Always choose a hands-on course, do not choose the theory course. Please pay special attention to this point! Remember The more you practice, the more experience and money you can make. You will get nothing if you just rely on theory.
The course has open activity groups: Some courses are “membership site-based”, meaning that each member will be given a personal account to access the learning content. Teachers do not open a group because they do not want members to discuss, they are concerned about the lack of knowledge. So you should choose a course that has Facebook Group or forum for discussion with other members.
Some criteria you should not care about:
Income proof: You should not place too much trust on income proof that is publicly available on course referral websites. All numbers can be faked. They can easily get through your eyes and other beginners by taking advantage of your greed.
Cost: The cost does not reflect the quality of the course. There are very expensive courses but the content and knowledge is very trivial & mediocre. On the contrary, there are many very cheap courses but bring very useful knowledge.
Teachers know you do not have a lot of money, so they help minimize the startup costs for you.
3. Too little capital
You are free to join. Affiliate marketing does not require you to produce your own products, as you do not care about shipping and customer care, but you still have to pay for certain costs.
Affiliate marketing is also a form of business, if you want to business then you have to invest, that is the rule. I think you need to have a minimum of $ 50 to $ 100 to get started.
4. No passion
If you have found out about affiliate marketing then you take the passion as the initial motivation to be able to work.
Knowing that the main purpose is to make money online, but if you do not have passion, every day the work will become extremely boring for you.
When you are very frustrated, you lose confidence and orientation, failure is inevitable.
5. Refuse to practice hard
The most common reason is lazy. I met so many people like this, they really want to make money online but spend too little time for it. Spending a few hours each day on the job is too little for an affiliate marketers.
May be you lazy by reason no 4: you do not have passion, you may be afraid to work, You are lazy because you work but no results. In general, if you are lazy you will not get the results!
7. Fear of failure
You are afraid of failure, afraid you do not earn money, afraid of what you do is useless, waste of money, waste of time,…
I also have thoughts like you. But after reading more books and articles shared by famous experts, I realized that I was completely wrong.
If you are afraid of failure means you are not passionate about your work. For the talented people, failing is not a big deal for them as their goal is experience rather than money.
In the affiliate marketing filed, no one is without fail at the start. Only the prodigy with great potential and luck is the exception.
If you are an ordinary person and do not really have the talent, the failure will surely come to you in some of the first projects. If you give up, you are defeated. You are a loser!
If you learn from your failures, apply the lessons to new projects, and smartly learn more, you will surely succeed in the future.
The above are the main reasons why you fail with affiliate marketing. Read it carefully and make up your mind. Many people ask me to succeed with affiliate marketing, what factors will I need? Here’s the answer:
Passion + Attitude + Act = Success
What skills do you need to get started with affiliate marketing?
Please do not rush to learn more about affiliate marketing, you first need to equip yourself with the following skills. Choosing the right path from the beginning will limit your risk.
1. Understanding Affiliate Marketing to train Thinking
The article you are reading is doing this for you, in this article you have to master some of the following core content:
- What is affiliate marketing?
- Common mistakes
- What do we need to get started?
- What should we learn first?
From the knowledge in this article, you will get the most accurate thinking to start with affiliate marketing.
2. Improve your computer skills
Some people are passionate about making money online, but their computer skills is bad. This will cause many difficulties for the job!
The minimum level to start with is:
- Master the basic computer skills.
- Know how to access the internet
- Know how to install the software
- Proficiency in office tools such as word, excel, …
- Know how to use email
The above skills are required and they are not too hard for you to learn.
3. Learn about online payment methods
You are making money online, of course you have to use the online payment method. Here are the main online payment methods that you will use when you start your affiliate marketing business:
Paypal: This is the most popular and reputable payment method around the world. However, use it properly, do not use two paypal accounts, do not login paypal in many places if you do not want your account is limited or locked.
Payoneer: This is also a popular online payment method in the world. You can use it to replace paypal in many different networks.
Credit Card (VISA/Mastercard): When you set up your paypal account, you should apply for a Visa Card at the bank branch where you live.
4. Learn about the main ways to make money with affiliate marketing
In this section I only suggest some popular ways to make money with affiliate marketing. You can find out more on google:
- Product launch
- Making money with Nichesite / Authority site
- Start a T-Shirt Business
5. Refer to the reputable websites about affiliate marketing
The best way to learn quickly and effectively is consult knowledge from the experts… Learn about their thinking and how they work. For example:
- Pat Flynn: http://www.smartpassiveincome.com/
- Neilpatel: https://neilpatel.com/
- John Chow: http://www.johnchow.com/
- Charles Ngo: https://charlesngo.com/
Or you can join the biggest internet marketing forum in the world: https://www.warriorforum.com/
I’m glad that you read to the end of this article. This means you really care and want to learn about affiliate marketing. You are very potential, at least in learning and understanding of knowledge.
Reading such a lengthy article is not easy! I hope this article will help you have a right mindset to be able to start making money with affiliate marketing.
From now on you can start on the first steps as I mentioned in this article. This knowledge is the experience from myself since the early days when I began to build my affiliate marketing business.
It will definitely point out a shortcut that makes it easier for you to get started!
Further reading: 10 Reasons Why People Fail to Make Money Online
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