What I Wish I Knew Before Starting Affiliate Marketing

Do you want to know what I wish I knew before starting affiliate marketing?

I've been doing affiliate marketing for over ten years now. It is one of my favorite ways of making money online.

It's a simple business model for anyone who is just getting started in the online world. Over the years I've learned a lot about affiliate marketing and I want to share these insights with you.

If you want to find out what I wish I knew about affiliate marketing ten years ago, keep reading!

Watch the video below:

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Do you want to know how to make money with affiliate marketing from scratch? CLICK HERE to join my FREE Affiliate Marketing masterclass!

Affiliate marketing is a lucrative business model.

The beauty of affiliate marketing is that you aren't responsible for creating a product or delivering it. All you have to do is focus on sending traffic to someone else through the affiliate link that they give you. As a result of your efforts, you earn a commission from each sale that is made.

Even though it's relatively simple to get started with affiliate marketing, becoming a successful affiliate marketer is a different thing altogether. Here are some of the things that I wish I knew before starting affiliate marketing.

1. Affiliate marketing isn't easy

When people start an affiliate marketing business of any kind, they tend to underestimate what it takes in order to be successful. Their only reference is from observing people who have already achieved the success that they desire.

It's easy to focus on someone's glory moments but be blind to what happens behind the scenes. Building a business is really hard work. In the words of Tony Robbins, “People are rewarded in public for what they practice in private.” 

2. Affiliate marketing isn't a get-rich-quick scheme

You won't become a millionaire overnight with affiliate marketing. Yes, there are some people who make money fast from this business model. However, for most people, this isn't the case. Affiliate marketing is a long-term game. If you only have a desire for instant gratification, you won't make money.

You will end up suffering from a shiny object syndrome. At its core, this is a disease of distraction whereby people jump from one thing to the next without mastering anything. Conversely, if you just stick with one thing, long-term, you will achieve success.

3. Affiliate marketing is too hard to do on your own

When I first started building my online business I was convinced that I could do it on my own. However, I ended up not getting any results for a few years. I was too stubborn to ask for help.

When you actually pay for something of value you are accelerating your success. You are learning from those who have already achieved what it is that you want. Investing in yourself will save you money and time in the long run.

4. Affiliate marketing is about building relationships with people 

When I first started an online business, it was all about me. I quickly realized that this mindset was keeping me stuck. The only way that you make money is by first providing value to others. You've got to create valuable content that solves problems.

If you focus on helping people get what they want, you, in turn, will get what you want. In my experience, when you create raving fans, people will buy from you again and again.

5. High-ticket affiliate marketing products are more profitable

Most affiliate products will pay you less than a 5% commission. This is why you want to focus on promoting high-ticket affiliate marketing products. High-ticket refers to products that cost hundreds to thousands of dollars. 

I like to promote high-end courses and training programs. It allows me to create an irresistible offer by way of providing bonuses to people. This further helps people, which is always a win-win.

6. Financial stability is necessary for long-term business success

Running a business costs money. Yes, there are ways that you can do affiliate marketing inexpensively. However, the quality of everything will be diminished. On top of that, it will be harder to build your business over the long-term. This is why it's important to make sure that you are financially stable when you start your business.

This is what I wish I knew before starting affiliate marketing.

I hope the wisdom that I've shared helps you in the process of building your affiliate marketing business. If you are a beginner, I encourage you to get started today!

Do you want to know how to make money with affiliate marketing from scratch? CLICK HERE to join my FREE Affiliate Marketing masterclass!