1.Giving their customers away.
Indeed people who was your sharing in your videos, blog posts, or social media platforms bought the products you promoted. But let’s face the truth here… who, in the end, own the customers?
For instance, the Amazon Associate. People make decision to buy the product you promote after reading the post you wrote. They clink your affiliate link, and are taken to the Amazon.
The great part is that you could earn commission from ALL the products the customer bought within 24 hours after clicking your link. But the downside is Amazon, in the end, owns the customers. Say the very same customer bought a new camera on Amazon next week and a TV next month, will you get the commission? Nope.
Therefore, it’s extremely important to build relationship with the customers you attracted by, for instance, by emails. A lot of smart affiliate marketers forget about this and lost a big portion of the pie out there. They could have made 10 times, 100 times, or even more profits than what they have earned so far.
2. Forgetting to add high-ticket products in salesfunnel.
Yes Amazon, Ebay, Walmart, and TONS of affiliate program can bring you money. You made sales, You earned money. But to generate 6-figures income is as difficult as asking you to run 100m sprint in 15 seconds wearing high heels.
So how to solve the problem? To find a product that pays you higher commission, aka the high-ticket products. It’s crucial to do along your affiliate marketing journey if 6 figures, 7 figures, are the goal you want to achieve in your life. It’ll be better if you lock the product with you so as to create a long term higher commission.
3.Stop taking trainings and brushing up their marketing skills
There are so many affiliate marketers just go ahead and take the affiliate links from various programs they’re in, then promote it online. If you see affiliate marketing in a grand scheme, yes that’s how affiliate marketing works.
But they don’t keep brushing up their marketing skills. Let’s talk about the truth, how are you going to become an expert without enough marketing skills trainings?
The beauty of affiliate marketing is that you can leverage time and efforts to fast track your income. You don’t have to attend 4 years of college and take the humongous debt. However, learning how to do the craft and committing to the mastery is a must. So many people forget to keep taking trainings to enhance their skillsets and kill their business unconsciously because of it.
Why trainings is important ? Because ultimately the top one skillset that’s going to bring you a long term multiple figures income is marketing. Commit to mastery and that’ll take care of your income itself.
If you’re looking to eliminate all three above-mentioned mistakes, here’s my number one recommendation. Because it saves you tons of times going to the internet, search info, filter and pick, read and digest, etc..
And at the same time you might need to google the jargons that professionals use. Which will eat up a lot of your time that you could’ve saved. You’ll know what to sell, when to sell and how to sell so as to generate the 6 figures income that you desire.
Now this is not for everyone, it’ll need you to take the actions and do the work. But if you’re really serious about achieving your multiple income goal because you want more time to be with you family, or you want to travel to the 29 countries written on your bucket list, then start, be the action taker and dream achiever. This will change your life dramatically.