Affiliate Marketing Pitfall #1
While their lack of action is usually to blame, there are also many affiliates who try their best and still fail miserably. They do everything they can, but the results are paltry. It reaches a point where the juice just isn’t worth the squeeze and they quit affiliate marketing.
Here’s a truth that you must sear into your mind – people will only buy from you if they trust you. This cardinal truth is the cornerstone of all sales and marketing. People only buy from companies and people that they trust. That’s why reputable brand name companies see billions in sales. People trust them.
The same applies to you as an affiliate marketer. The visitor to your site needs to trust you. If you have an email list, the subscriber needs to trust you and your judgment before they spend their hard-earned money.
Very often, affiliates are so desperate to make money that they hype up a product to a point where it’s just not believable. Their desperation is subconsciously picked up by the reader and they’re put off by it.
In the make money online (MMO) niche, marketers mail for products daily. Some even go so far as to mail several times a day. Nary a thought is given about the quality of the product. Their goal is to sell, sell and sell.
This problem is exacerbated when most of the products in this niche are poor quality and never deliver on their promises.
You’ve lost all credibility… and the root cause of this is greed. This is the biggest pitfall for so many marketers.
It may sound tough to hear, but this is the harsh truth. The goal to make as much ‘easy money’ as possible by bombarding your audience with offers is a very short-term strategy. There’s even a term for it in this industry – churn and burn.
It is called that because the subscribers on the list get jaded fast and just stop buying. So, the list becomes useless because it stops generating money. The only way to keep getting sales is to keep adding new leads on your list.
A much better strategy will be to selectively promote the good offers. You’ll need to provide a balance of value and offers. If your approach is only to sell, you’ll turn off the subscriber. If you take the slow and steady approach, the lifetime value of your customer will increase considerably.
Your list will have a high retention rate, and when you promote something, people will believe you and buy it. Industry statistics show that it’s 7 times more expensive to acquire a new customer than to retain an existing one.
So, be sensible and treat your list like people instead of numbers or cash cows. People join lists or visit sites to get information and value. If you can provide that while promoting products, you will get the sales and win the hearts of your audience.
7 Worst Online Marketing Mistakes to Avoid – The Next Scoop
By
Darvin Tocmo
Darvin Tocmo is a Digital Marketer, working at Proweaver, a… read more Darvin Tocmo
We are currently living in an era where almost everything includes technology. Even in our daily tasks, we simply cannot do without the use of it – cellular phones for communication at home and at work; receiving news via television, radios, or computers; and even having our quick meals prepared by a single click of a microwave oven.
And with this era came the birth of online businesses. Thousands of businesses now opt for online marketing strategies in the hope of acquiring new customers and clients without the hassle of printed ads such as flyers and posters.
7 Big Mistakes New Affiliate Marketers Make – Marketing Land
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When I first started in affiliate marketing, all I wanted was to just make money. Off I ran in every direction, trying everything, with no real idea of the mistakes I was making that could very well affect my chances at long term success.
Through my years of experience with both affiliate marketing and teaching other affiliate marketers, I have come to the conclusion that there are 7 big mistakes new affiliate marketers make.
Let’s talk about these mistakes in more detail.
6 Online Marketing Mistakes and How to Avoid Them
Online marketing can be overwhelming.
You could be spending hours writing blog posts, connecting with influencers, driving traffic to your website -and see zero results.
Now that online marketing has become indispensable, you need make sure you’re not wasting time doing things taking you further from your goals.
Not seeing results from your efforts lately? Neil Patel recently joined us for a webinar and talked about some of the online marketing mistakes you might be making.
Customer experience is everything. Complaining online is so easy, thanks to social media.