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By Jena, Your Helping-Hand Affiliate🤝
To be honest, in the beginning there are going to be more cons than pros. Are you surprised I’m telling you this when I’m here in support of affiliate marketing? You may ask, “then why get in it?” Well, that’s because in the long run is where affiliate marketing pays off. The pros in the long run far out-weigh the cons of getting started in this business.
If you haven’t seen my other articles, affiliate marketing is where you can promote products or services and earn a commission when someone makes a purchase through your referral. It’s like being a matchmaker between buyers and sellers, and getting a finder’s fee. Lol
Many people look at affiliate marketing as a way to generate passive income. The thought is appealing: earn money while you sleep! I mean, who wouldn’t like that idea? I know I do! It’s very possible, and it’s the ultimate goal. However, it’s not just about sitting back and watching the dollars roll in. It involves choosing the right affiliates, creating quality content, and engaging with your audience. It takes WORK and it takes TIME! You can get to the point of making money while you sleep though, if you make the effort and take the time to do so.
Speaking of time…
The Challenges of Affiliate Marketing
You guessed it! One of the biggest challenges of Affiliate Marketing is:
TIME!
Time to learn
Time to build out your website
Time to create content
Time to get your website ranked by Google
Time to build a following
Time to build relationships
Time to make your first sale
Just TIME!
If you have a job already, I recommend NOT quitting the job you have, to start affiliate marketing because of the time it takes grow your business. You can do affiliate marketing in your spare time alongside your current job as you learn and grow your business. I don’t want you to quit your job on Friday, then start affiliate marketing on Monday, and expect to get paid the next Friday. That’s not how it works. It’s a business that takes TIME to build first before you see money coming in.
Remember affiliate marketing is not about making a quick buck and finding a product and plastering links everywhere. It’s about building sustainable relationships, finding out what their needs and problems are and providing them with a solution.
The Upsides of Affiliate Marketing
The first two are MY main reasons for getting into affiliate marketing? Do any of these appeal to you?
FLEXIBILITY
(To work WHEN and WHERE you want)
This is why I got in affiliate marketing! I wanted to be able to work from home: not stuck in some office somewhere! Whether you’re an early bird or night owl, you can work when-ever it suits you.
Your office can be your kitchen table, your bed, or you can be at a park or the beach. As long as you have an internet connection, you can work where-ever you want!
Also, if you have kids and want to stay home with them, this is a way you can do that. You can be home with them and work around their schedule when it’s convenient for you.
LOW START UP COSTS
This was a huge factor in determining who I chose as my affiliate marketing mentor: money! With the rising costs of everything now days, I didn’t have a whole lot I could spend. That’s probably one of the biggest factors for most people that I know trying to start any online business…money!
One thing I have learned when looking into affiliate marketing platforms, is that you have to choose wisely and do your research on them. Even if you start with an affordable marketing platform that provides training and hosts your website, not all will keep their cost low as you go along. I know, because I got sucked into one of those who kept asking for money to keep training and learning at every turn. Who can keep dishing out money every time you turn around? I couldn’t so I left that particular affiliate marketing platform.
I did find, after much searching, a great affiliate marketing platform I highly recommend that’s affordable and gives their fees up front without any upcharges. They are Wealthy Affiliate. You can read my review about them and also get started for free by clicking this link:
https://cozyzonesolutions.com/wealthy-affiliate-reviewed/
They are the place to get quality training and get your business off and running! They have been in business since 2005 with over 2 million members. They are not some fly-by-night affiliate marketing company!
UNLIMITED INCOME POTENTIAL
Another main reason I got into affiliate marketing is your income potential is not capped by salary or a hourly rate. Your income is directly tied to your performance and the success of your marketing efforts allowing for unlimited income potential!
PASSIVE INCOME POTENTIAL
I have to say, this one impresses me quite a bit too! Once you have set up your channels and strategies, you can earn passive income while you sleep: meaning you can continue to earn income even when you are not actively working on your campaigns!
DIVERSE NICHES
The sheer variety of products and niches you can dive into is so vast! You can promote about any product or service you can think of! The number of niches is so vast that it covers almost every imaginable interest, hobby, industry or category! What are your interests, hobbies or skills? Whatever they are, I’m sure you can find an affiliate program to promote it!
ACCESS TO GLOBAL MARKETS
So many companies, both big and small have an affiliate program, and many major big-named companies do as well. Some estimates suggested there are tens of thousands of companies globally that offer affiliate programs.
With the internet, affiliate marketers can reach a global audience. You are not limited to a local market allowing you to tap into international markets and diverse customer bases.
There is close to 5 BILLION people on the internet right now! That’s a lot of potential customer reach!
NO DEALING WITH CUSTOMER SUPPORT ISSUES
A great thing about affiliate marketing is that you don’t have to deal with customer support issues like refunds, complaints or inquirues. This is all handled by the company whose products or services you’re promoting. This frees up your time to focus on marketing and driving sales.
PERFORMANCE BASED INCOME
You earn commissions for driving desired actions such as sales, leads or clicks. This gives you an incentive to work hard and optimize your strategies for better results.
SCALE AND GROWTH OPPORTUNITIES
As you gain experience and expertise, you can expand your business by partnering with more merchants. This will diversify your income stream, leading to potential growth and increased income. I would recommend starting out with just one mercant and niche until you learn the business. Otherwise, it might get overwhelming.
LEARN VALUABLE SKILLS
Working in affiliate marketing will equip you with some valuable digital marketing skills which are transferable and in high demand. You will learn skills such as SEO, content marketing, social media marketing, email marketing, and analytics.
NO SPECIAL CREDENTIALS NEEDED
Really all you need to bring to the table is a willingness to learn and work. If you have a phone or computer and Internet connection, you can do this.
Maximizing the Benefits While Minimizing the Cons
Try to find effective ways to amplify the positives and reduce the negatives. Celebrate your wins no matter how big or small. It doesn’t always have to be a big celebration. Eat the cake, have the ice cream, or the extra cup of coffee, but celebrate your small wins as well as your big. Maybe on your big wins, you can go out for dinner or gather with friends, but celebrate it.
It’s crucial to choose affiliate programs that not only provide a good commission but also resonate with your personal brand and the interests of you and your audience. This includes companies with a strong reputation, quality products, and a track record of reliable payouts. This approach sets a solid foundation for trust, and when there’s trust, there’s potential for a reliable income.
If you want to stand out in a saturated market, creativity is your best friend. Choose something that resonates with you and your followers, then create content that’s both useful and unique. Don’t worry too much about trying to cater to everyone. Instead, focus on a specific niche where you can offer genuine expertise and insight, which will help in building a loyal following.
Always keep ethics in play. It’s not just about making money, it’s also about building trust with your audience. Offer honest reviews and only promote products you believe in. This can establish your credibility and authority over time, which are priceless in the world of affiliate marketing.
Finally, the landscape of affiliate marketing is always changing, and there’s a lot of opportunity in staying informed and adapting your strategies. Your first approach doesn’t need to be your last. Make adjustments as you learn more about what works and what doesn’t. In the world of affiliate marketing, flexibility and resilience can often lead to the path of success. Remember too, stay consistent!
If you are interested in getting into affiliate marketing, you can go in, look around and check it out for free by clicking this link:
https://www.wealthyaffiliate.com?a_aid=f3f45629
Here’s Prowler!
He wants to remind you that even though it takes TIME to build this business, (because it’s not built overnight), you still shouldn’t waste any more time in a least checking this out. You have nothing to lose (except an opportunity) because it’s free to go in and look around and see if it’s for you.
And the other reason Prowler is here, is to look at my content! He checks me on a regular basis. If it doesn’t meet his approval, I hear about it! If you haven’t met him before now, click this blue link About Jena and within that post he’ll tell you about his job here (other than his job to annoy me I mean)! 😁
Check out my FUN FACEBOOK PAGE!!!
You’ll find funny memes, jokes and inspiration!
Click this link to take you there!
https://www.facebook.com/profile.php?id=61557740904317&mibextid=ZbWKwL
Tell me what you think about this post, What Are The Pros And Cons With Affiliate Marketing, and leave a comment! Would love to hear any thoughts, suggestions, ideas or questions you may have! Or contact me at:
mailto:Jena@cozyzonesolutions.com
Peace be with you and remember:
GOD LOVES YOU!!! ❤️❤️❤️
Jena 🌻🪻🌸