Affiliate Lifestyle Secrets 2 Lesson

 

Hello and welcome back, this is Video #2, and in this particular video we are going to talk about What Affiliate Marketing Really Looks Like.

 

So up until now you've probably seen the hype out on the internet telling you how rich you are going to be, you might have seen all the screenshots that other super affiliates have made and all that. But the key here is not to put those expectations as reality before it actually happens, right? Or else you won’t really go anywhere. It’s kind of as going to a movie and expecting it's going to be the greatest move ever and then when you watch it you realize that it's really hyped up, the trailer was hyped up and all that, and then you become discouraged, right? So what ends up happening is, you become discouraged and that sips into your mindset and actually, unfortunately sets you up for a failure. And I don’t want that, I want you to be starting with reality first and that’s the reason why a lot of affiliates, when go into affiliate marketing they don’t do really well, it’s because they have that mind set. And like I’ve said in the previous video, sometimes they’ll test 5 or even 10 products and you might make a couple hundred dollars here and there, but it’s not really what you expected it to be, right? So that’s why it’s better to go into this expecting nothing. I mean expect that and you will react how it goes, what happens, and you’ll just move forward, right?

 

So, I will say that while some of the hype is true, some of it's not, affiliate marketing is just like any other business, and you might be thinking yeah, yeah, yeah, I know. But I really want to harp on this because most people don’t realize that it actually affects their mindset, not now as you are beginning to start, but 75% through when the going gets rough and things get tough. So the point I’m trying to make here is that business take time to build, so don’t worry if you are learning things and you’re not getting it right the first time. Affiliate marketing obviously compared to creating you own product as a vendor, there is a faster rate of you actually making a profit then starting you own product. Product creation takes time, not only that, you have to do customer support, you have to do a lot more than affiliate marketing.

 

With that said affiliate marketing is a little bit riskier in that sense, primarily because at the end of the day you do now own the product. Now how is that risky? Well in other words, what happens is, the vendor could take down the product, and then if you've invested all this time and money into promoting their product, and you haven’t found other products that are similar, then that campaign is done. So that’s why it’s a little bit more riskier because you are in a certain respect relaying on the vendor. So in other words, you need to find good vendors, vendors that will actually be there, vendors that are long term, vendors that do not really have a short-term mindset. And in addition to that you need to find good products, as well, right? You need to make sure that the people selling these products are ethical as well. Are they going to be in business for a long, long time or are they doing a lot of things under the table or all that and maybe they are building their business on quick sand essentially? So if that’s the care, by you promoting your product, you are also building your business on quick sand as well. So you need to make sure you either have good vendors or you do affiliate marketing in such a way that it will be long term.

 

So you need to make sure that they also have good customer support for their customers. One thing that we’ve found over the years is that some vendors, they have a really good product, but they don’t have good customer service. So what ended up happening was, we would send a hundred sales and out of these hundred sales 50% of the people would refund and that was not good, because they did not have good customer support, and once we figured that out we didn’t promote them again. So that’s why as a vendor you need to make sure you have everything lined up, so that you have affiliates constantly promoting it for you, you need to take care of your affiliates. On the flip side as an affiliate you need to look for vendors like that, because like I said, as you can imagine the refund rate is high when you don’t have good customer support and all that, and you might spend money as an affiliate to acquire that customer. And if they refund and they have a high refund rate you have lost a good amount of money or a good amount of time.

 

So that’s why in my first video I talked about how you should not become attached to one product, because if the vender were to take it down, or you find out that it has a higher refund rate, and you’ve become attached to that one product, and you love it and everything like that, than you’ll feel like wow, I spent all this time and money, all this, and the vendor took it down, you know, and you start feeling remorseful, you start feeling angry and then it seeps into your business. Now I want to show you later down the road in the other videos at this course, I'm going to show you how to protect yourself as far as that goes, what do you do when a product goes away. What do you do if they are not really multiple products that are similar? So we'll talk about that and how you can find profitable products and make sure that it is a long-term venture or not.

 

Now in terms of what happens if the vendor decides to totally take the product down - what you could do to combat the loss of potential traffic if you have traffic going to that offer is - you want to definitely create links, links that can be redirected elsewhere. So obviously you don’t want to redirect people directly to your affiliate link, you want to cloak it using something like clickmirror.com or something similar like Bitly, and use that to direct the traffic to your affiliate link, so that if anything happens you can always change that link to something else. So that's one little tip that I’m talking about, but we'll talk more about it later down the road. Now keep in mind that affiliate marketing is very profitable, and I love every bit of it. However, it definitely takes a certain type of person to be successful and that person must be able to persevere no matter what. If you have the thinking I want to win, I want to get the winning product out of the gate, that’s not going to happen. That might happen one out of a hundred, but very rarely does that ever happen. But if you go into this thinking ok, I got to test 10 different products and that’s fine, I’m going to learn something new as I test these 10 different products, along the way I’m going to find golden nuggets. If you have that kind of mindset you going to be more likely to be the person that succeeds. That’s it, the beauty of affiliate marketing is that, of course, you don’t have to do as much as the vendor does. So therefore, as you begin to earn money, you can take more vacations, you don’t have to worry about checking customer support, or doing everything that a vendor would have to do. So in other words there is a little bit more freedom, however there is a lot of risk, because at the end of the day you are relaying on the vendor and you are not the vendor. But when it comes to affiliate marketing I will say that it is very rewarding if you know what to look for and that’s the goal of this video course, to help prep you for that.

 

So with that said let's jump in and talk about the advantages of affiliate marketing, so that by end of the middle of the video course you will have better idea of how things work, so that you can be better prepared and can make a better informed decision.