Why Most Marketers FAIL on Marketing Affiliate Products?
Throughout my ventures, I have realized that it is
really not that difficult to become very successful
promoting affiliate products.
Seriously…
All you need to do is match the right audiences with
the right products. You can call the process itself as
what we refer to as the “money flow chart”. However, you
must do it in such a powerful fashion, where it has to
be done on an autopilot.
If not, you will be trading your time for money, just
like most of the people do in business.
In today’s issue, I would like to point out the FIVE
factors why marketers fail and what you need to do to
AVOID the fatal mistakes in your affiliate marketing.
1. Not having a proper strategy from the beginning.
Fail to plan = Plan to fail. Seriously, if you do
NOT plan from the beginning on WHY and WHAT you need
to do to make a consistent income from affiliate
marketing, you plan to fail.
Think about this…
Most people want to make a lot of money online. You
can’t do that. You need to know how much money (in
numbers) you want to make every month. Then, plan
backward on how to make that amount.
Target = $500 per month.
How much traffic do you need?
What is the conversion of the product?
How much commission are you going to receive?
The more detailed your plan is, the more confident
you are on making your plan become a reality.
2. Become a follower — Not a leader.
WAIT! I am in no position to assault you, nor is it
my purpose to do so. Instead, I want you to think
carefully the of difference between success and
failure.
Successful people are NOT intimidated with joining
every single business opportunity they come in
contact with.
Unsuccessful people are CRAZY on participating in
every single opportunity that surfaces on the
internet.
Learn how to become a leader. Be firm with your
goal. Know what you want and what you are looking
to accomplish. This is HOW you are able to go from
zero dollars to a six figure income per year business.
3. Give up easily.
Only losers give up easily. I tell you one story, ok?
When I decided to do the 117ChristmasGifts.com, now
117Network.com, in December 19th’ 2004, many top
marketers adviced me to give up. They told me I was
too late.
They said nasty words to me like, “WHO THE HECK ARE
YOU?” I mean you are NOT this or that top marketers
that I know. HECK! Though, I was being stabbed from
many directions, there is ONE THING that I didn’t
do. What is it?
Become a loser. I didn’t give up. I just PUSHED
my limits until the end. If I gave up on that one
campaign backed in 2004, there is no way I could
get the title the JV “Giveaway” legend.
4. Rely on yourself.
GOSH! I hate to put up an HTML code by myself nor
do I want to spend time on creating my own graphics
for my blog. If I had to do so, I would probably go
insane today.
Think about this…
The Starbucks(r) CEO does not sell coffee in the
store. WHY? He has all the people running the store
for him on an autopilot. If he is the one who sells
the coffee, how is that possible he can manage to
open up stores WORLDWIDE?
So, why NOT you?
Do the same thing. I am good in HTML code, joint
venture, creating graphics, and much more. However,
I choose to let others do the work for me. This
allows me to do something bigger.
What is it? Strategic Planning.
5. Become a warrior.
This is worse. We are NO LONGER in the 19th century.
We do not depend on our physical strength as our
weapon to win over the enemy. Instead, we use strategy
to become the winner in everything we do.
Warriors are a way of the past. To become successful
in affiliate marketing, you need to create a concrete
strategy from A -Z on WHAT you need to do to make
your affiliate marketing successful.
It has to be in terms of a financial plan, automation
system, as well as delegation techniques.
Once you have all those things in place, you can
become the warrior or have your warriors (team
members) to finish the tasks on time.
If you enjoy this post, subscribe to the Free Henry Gold Newsletter
Related Posts:
Mistakes People Make on Email Marketing
Joint Venture With Top Experts
What is the #1 Reason People Fail Online?
Lesson #5: Freebie Seekers vs. Potential Buyers
Lesson #4: Why marketers FAIL with giveaways? (Nasty...)




Nancy Hoglund said,
March 25, 2008 @ 4:16 pm
That was so helpfull Henry, And no wonder we(I feel) click my birthday is on Dec. 19. But oh well. Henry I have 4 project going on at the same time as you say it is very hard for me to follow though with all of them, but I want that 6,7 figure income so I figure the one that show me the money to start coming in that is the one I was going to stay with. But it is so confusing. But I am trying my darnest tto see the light, but I quess I will have to listen to your advice and go for one soon. Take Care Chat Soon
Paul said,
March 25, 2008 @ 5:29 pm
Hello Henry,
I appreciate all of the great content and info you supply. I understand why you want to sell part of your business too.
I agree with your thoughts on this post, as I see far too many attempt to go it alone, and also give up too soon, especially when success may be just around the next corner.
I have had my doubts as I continue in my business building, but I am determined not to give up.
For me, the hardest part is narrowing down my niches that will work for me.
Thank you!
Paul
Lazarus said,
March 25, 2008 @ 6:31 pm
Hello Henry:
I have read your mail saying that you are tire of life ? or church ? I will show you something. Do to stop fighting. This is my first participation in amy blog for internnet marketers, but I have a lot to say.
Ray Posner said,
March 25, 2008 @ 7:37 pm
Hey Henry,
Don’t write yourself off! At 29 you are only a spring chicken. I am 66 and still going. I am yet to make a living online but I know I will.
Yes you are tired. Been there, done that so I can relate to how you feel.
Read your blog - “Don’t Give Up” - apply the Starbucks tactic to your own business. Get someone to run it for you & you manage it.
In other words work on your business not in it. This way you can have the best of both worlds - income plus more time to yourself
Give it some more thought before you make your final decision
Warm regards
Ray
Betty Murr said,
March 25, 2008 @ 10:11 pm
Henry,
I understand your desire to sell part of your business and live while you can. As you said last week, time is limited for all of us. The most important part of life is being happy, loving and appreciating family, and doing what you want to do. I would like to remind you of the famous poem, The Dash.
It is not the beginning date that is imp., not the ending date, but what the dash means.
Clarence said,
March 25, 2008 @ 11:06 pm
Hi Henry,
Your words of wisdom are greatly appreciated! The longer I do internet marketing (and especially affiliate marketing), the more I find your words to be true.
I especially like what you said about strategy. Many marketers react on impulse - whether in launching or buying products or doing anything. It pays to develop a thorough and good strategy before doing anything.
Thanks for the advice!
Clarence
William Stewart said,
March 26, 2008 @ 4:39 pm
Thank you for your inspiration. I now have at least 8 or 9 keyword combinations that are #1
on Google and just so everyone can verify what I am saying check out “web success home business” and I am getting hundreds of visitors from the search engines but no one is buying yet. I quoted your post on my blog: http://websuccess4u.blogspot.com so that all my readers can follow you and participate with you. Where is the best place you have bought
traffic and exactly what kind,i.e. MLM-U.S. targeted ?
Henry Gold said,
March 27, 2008 @ 2:10 pm
Ray,
Spring chicken? hahaha!
I am not giving up. I am thinking of slowing down and enjoy life.
Henry,
Ray Thomas said,
April 2, 2008 @ 2:31 pm
Share some of your experiences with
various Merchant Accounts…
The ins and outs, concerns, pros and cons etc.
I’m looking for a company that I can trust,
and doesn’t have a problem with volume over 50k per month.
Thanks