Affiliate Marketing Series Part 1: Mindset
This is a Blog Series that teaches you about affiliate marketing, step by step, absolutely for beginners. How to start affiliate marketing for free, make money with affiliate marketing and be successful with it.
In this Part 1: Mindset we will look at:
- Mindset before you start
- What is Affiliate Marketing
- Why Affiliate Marketing
- Benefits of Affiliate Marketing
- 5 Tips for Affiliate Marketing
- What are Top 3 myths/misconceptions about Affiliate Marketing
A lot of people wish to leverage affiliate marketing and get rich quickly. Oh... so sorry to disappoint you, this is absolutely not your get-rich-quick scheme. This is not some magic pill or you expect with minimal efforts then you can retire and be rich.
As a matter of fact, like everything else, it requires effort, hard works, and a learning curve before you become successful.
Exactly as the quote by Napoleon Hill shown above, "All achievement must begin with an intense, burning desire for something definite."
You need to be persistent and desire to succeed. If you choose to doubt yourself, have inconsistent output or efforts of course results may vary. Resources are here and everywhere on the internet, how you wish to use or leverage on it, that's entirely up to you.
Why Affiliate Marketing
But why Affiliate marketing? Why affiliate marketing is the best legal way to make money online.
- Less starting cost
- Less risk
- No waiting time for the product to arrive with digital products
- High commission
- If you stop working, your websites do not stop working
- No product creation & no support
- You can do this anonymously
- You only need a laptop & internet to start
- It's FUN... yeah... really FUN
- Imagine even what an extra USD100 can help you and your family
Most people ... working adults are overworked and underpaid. No matter how loyal you are to your company, 99% of the time your company will not be loyal to you, especially when the crisis hits or when the company is not earning money when your boss doesn't fancy you.
With Affiliate marketing, you can do it at your own pace, even while having your day job. Unlike your job, you have a routine schedule most of the time and with a boss who kept hounding you with deadlines.
The best part of Affiliate Marketing, you create your content, your work and your system once. And it can be used or re-use most of the time. Especially for those evergreen content, you only need to create once, the more content you have online, the more likely people are going to find you.
What does that bring you? Ka-ching .. ka-ching 💲💲💲🤑 🤑 🤑
Chances for you to drive sales, to close sales. Even while you were sleeping and spending time with your family or loved ones.
What is Affiliate Marketing?
Affiliate marketing is the process of earning money every time you promote someone else's products or services and get a sale.
When you promote someone else's product or service, you are not a helpdesk and have no obligations. And in a lot of cases, you don't know who even is your buyers. Once you close your sales and your job is done. The best way to make "legit" money from the internet.
In affiliate marketing, you are the mediator, the middleman, or the affiliate between the buyer and the product.
Common Affiliate Products/Services Category
- Themes
- Courses
- Webhosting
- Tools
- Software / SaaS
- Travel
- Real Estate
- many more....
Benefits to be an Affiliate Marketer?
- Start with Zero ($0) Cost.
- No need to do your own customer service.
- No delivery.
- No shipping and handling.
- No need to create a product or continuous R&D.
- Usually, graphics and marketing kits are available to use.
- Can start even without needing to establish a landing page or sales page.
- No need to write your own sales copy.
- Plenty of products/services are in the market for you to choose from and represent.
How to Become an Affiliate Marketer?
Just look for your favorite products, services, or industry. Visit their homepage and scroll down towards the end. Usually, you can locate "Partner Program" or "Affiliate Program" over there.
Understand their policy and guidelines, then apply. Once it is approved, you have access to your unique affiliate link(s) to promote the products or services. With your unique affiliate link, the company will know where the sales come from.
If someone clicks on your affiliate link and makes a purchase, the company knows the sales came from you and will pay you a commission from that transaction. Everything is all on autopilot.
Will cover more in details in later part.
How to Promote Your Affiliate Marketing?
Straight answer, post it on Instagram, Tiktok, FaceBook, Twitter, YouTube... and the best one is the Website. A lot of affiliate marketing requires you to have a website. I know I mentioned you don't need a website to start but if you wish to be successful and turn affiliate marketing into your serious business, a website will be needed and help you strategically.
The next best one is email marketing. I know a lot of people have a negative association with it. Often time, people will spam you to buy this, sell you fake stories, all autopilot to get a buck out from you.
But in this Affiliate Marketing tutorial blog series, I will show you the best 3 ways to promote your affiliate marketing:
- Website
- YouTube
- Email marketing (EDM - electronic direct mail/marketing)
Why website, YouTube, and EDM instead of other social platforms? As you know the world's biggest search engine is Google, followed by YouTube. The best part, Google owns YouTube.
With millions of people searching solutions and keywords every day, it means they are actively looking for something. Whereas other social media platforms, users might not be actively looking for your solution.
As for EDM, people have already subscribed to your mailing list, and it shows they have an interest in you or whatever you are trying to provide for them.
5 Tips for Affiliate Marketing When You Are Doing It
- Do not focus on the money you will earn, focus on helping people. Value first and the money will follow. So think about how you can help !!! Focus on delivering value.
- Be outstanding. Have high quality in everything you do. People will see your quality, people will see your sincerity. People love the good stuff.
- Always overdeliver. All the content (blog, post, training, workshops, masterclass, etc.) you create is the chance to get new followers, for followers to engage and buy from you.
- Persevere. Keep on doing it when you don't see any results. Keep working on it even without people seeing it.
- Improvement. Always improve yourself and your work. Keep finding ways to improve and up your game. Whatever you do, whatever you are promoting, keep on improving it. Investing more time to read more, learn more
Before we end Part 1 of the Affiliate Marketing series, let's look at the last question.
What are Top 3 myths/misconceptions about Affiliate Marketing:
1.You can earn money fast
One of the most common affiliate marketing myths is that you can make money quickly. While this may be true if you already have a popular website with a large audience. Otherwise, you'll have to put in a lot of effort before you can start earning commissions. Some affiliates earn $100 in their first month, while others do not earn anything until they have worked for a few months. This can be one of the most difficult obstacles for newcomers, as many of them give up on affiliate marketing if they don't see immediate results.
2. The Market Is Too Competitive for You to Be Successful
At times, it may appear that the current market is already too crowded to accommodate another affiliate marketer. However, many of these people make the mistake of targeting an audience that is too broad and generic. This unnecessarily raises competitiveness.
It is entirely possible to break into a crowded affiliate market by identifying your distinct niche. We suggest that you:
- Take into account your current interests and knowledge. Investigate the profit potential of markets in which you are already interested.
- Conduct keyword research in your niche. You can find out how competitive and profitable potential keywords are by using free keyword research tools like Keyword Tool.
Essentially, you want to find a unique angle that you can go into detail about. This will increase your chances of making a name for yourself in the industry and allow you to succeed faster.
3. Affiliate Marketing Is About Deceiving People
Rubbish. It is strange, but it is still a widely held belief that affiliate marketers deceive people by promoting false promises and product services.
Some Affiliates do this in order to make quick money by creating false hope. To combat this scam, most Affiliate programs now require verification before issuing a paycheque.
If you do not follow the guidelines and are found to be a spammer, your account may be terminated. As a result, it is always advisable to read the application guidelines and T&C first.
This is something you should keep in mind. You must keep an eye on the status of your recommendation. You should not press others to purchase a product or device if they will not find it useful.
Don't let these myths/misconceptions keep you from earning a living.
Do you still believe that affiliate marketing is a mystical way to make money while doing nothing? We're glad you don't have to. Affiliate marketing is a completely legitimate way to earn a living, but it takes a significant amount of time and effort to succeed. Unlike other business strategies, affiliate marketing is simple to start, does not require a large financial investment, and can be a part-time or full-time job.
So in this part 1, I hope to get your mindset and expectations right before you start venturing right into it.
See you at the top... Good luck 😉
Join our learning community on FB Group:
English Group: here
Chinese Group: here
Connect with me for more coaching and training sessions:
https://connect.dylan-siauw.com