Why can't you make money with Affiliate?
Why can't you make money with affiliates forever? What is the exit for newbie?
The Hard Truth About Making Affiliate Money
You must have come across attractive advertisements about making easy money with Affiliate Marketing, especially on e-commerce platforms. However, the reality is much harsher.
- Low commissions, high competition: Commissions from e-commerce floors are usually very low, only 3-5%, while competition is extremely fierce.
- Knowledge and skill requirements: To be successful, you need to have knowledge of digital marketing, advertising, content, SEO, even web writing techniques, video editing, etc.
- Requires large resources: To get a large enough amount of traffic, you need to invest time, effort and maybe even money in advertising, building websites, creating content...
- High risk: Not all campaigns are effective, you can lose money if you don't know how to optimize and manage risk.
Common pitfalls
- False promises: Advertising "make money quickly, easily" is often just a scam.
- "Hang the head of a goat to sell dog meat" course: Many courses only teach the basics, do not delve into reality and how to solve specific problems.
- Lack of dedicated instructors: It is difficult to find someone who is willing to share their experience and secrets of success in detail.
Exit for Newbie
If you're a beginner, don't be discouraged. Try the following ways to increase your chances of success:
- Adjust expectations: Don't daydream about making quick and easy money. Set realistic goals and persistently pursue them.
- Determine the desired commission level: Consider the commission level and the effort you are willing to spend.
- Learn and hone knowledge: Learn about the basic concepts of Affiliate Marketing, digital marketing, advertising, etc.
- Start with easy campaigns: Choose campaigns with higher commissions and less competition such as app installs, loans, insurance, etc.
- Take advantage of free channels: Share links on social networks, personal websites/blogs, send emails to friends, relatives, etc.
- Learn how to run ads: If you have the budget, invest in Facebook, Google ads... to reach more potential customers.
- Join the Affiliate Marketing Community: Connect with experienced people to learn and share.
- Continuous Testing and Optimization: Constantly testing different methods and optimizing to find your own recipe for success.
Affiliate marketing is not a path full of commissions, but if you have enough perseverance, passion, and constant learning, success will come to you. Remember, no success comes easily.
Why can't you make money with Affiliate?
You may be familiar with a fairly common scenario: One day, while lying in bed, surfing Facebook or playing TikTok, you come across an attractive ad:
"It is necessary to recruit employees to copy-paste product links on Shopee and Lazada. The commission is from 10-15 million per month, just have a phone, work from home for 1-2 hours a day."
Or
"It is necessary to recruit employees to post and write product reviews. Inbox for more details..."
After contacting to apply, you will be required to pay a tuition fee of 199K to 399K. After paying, you are added to the Zalo group and receive instructions on how to make money with Affiliate. At this point, you realize that you have been deceived.
Your 399K is just the price to know that Affiliate Marketing is real and can make money. This price is really too expensive for such a simple lesson.
This is like paying to learn how to fill your belly, and the person who teaches you simply says, "If you want to be full, go out into the stream to fish." But they don't show you how to make a fishing rod, make a bait, choose a fishing spot, distinguish fish, and other essentials.
In affiliate marketing too, for beginners, it can be difficult to find specific instructions on how to actually make money. You don't know which campaign to choose, how to create effective content, and how to drive traffic from different channels. For example, many people think that app install campaigns are easy to monetize, but you don't know exactly what to do: spam comments or run ads? Should I run ads on Facebook, should I run messages or traffic? What kind of content is effective? Running ads on TikTok, how to avoid account lockout?
Similarly, run financial campaigns with the highest commissions, but you won't know which ones are the easiest to approve and which ones are difficult. How will content and chatbots be accepted by Facebook? How to run TikTok ads without being asked for financial services verification documents? Why do you only get a few thousand views when others have millions?
Facing this vicious cycle: not knowing what to do, experimenting but losing, watching others show off their revenue, continuing to try but still losing, you may finally feel disappointed and give up. The level of disappointment can be directly proportional to your expectations.
In fact, doing affiliate marketing is difficult, especially for beginners. If someone says it's easy or "someone else can do it, you can do it too," that could be a lie. Affiliate marketing requires a wide range of skills, from digital marketing, advertising, content creation, customer psychology, to SEO techniques, video editing, photo editing if you do TikTok or YouTube.
Or as many people say on groups: "Just spam makes money," you also need to understand concepts such as spam tools, clones, checkpoint bypassing, identity verification, etc.
In addition, the luck factor is also very important. Luck can help you come up with unique content ideas, run ads without problems, or find an effective method. Luck can also help you meet a good companion or teacher.
As grandparents often say, "poverty often brings bad luck," and "luck often comes to the able or the rich." The probability of success with affiliate marketing can be the same as the probability of winning the lottery. That's why the majority of commissions are concentrated in the top 10%, and the top 1 can be 10 to 10 times away from the top 10.
Advice:
First, adjust your expectations. There is no such thing as "no need to do anything, there is still money" as the advertisements promise. You should watch Mr. Huan's video to understand it better.
Next, determine the desired commission level. The higher the amount, the greater the effort, money, and level of risk. Current successful people have overcome many challenges to achieve success, and they don't easily share their know-how.
Personal experience and effort are the most important factors. For beginners, it is possible to make more money, but to earn a lot requires many times more effort and determination. You need to start with basic concepts like "what is WordPress," "what is SEO," "what is advertising," and many other things.
If you already have a background in Digital Marketing, you have a greater advantage and can leverage Affiliate Marketing effectively. If you feel this article seems negative, don't worry, part 2 will bring a brighter look
There are many reasons why you might have a hard time making money with affiliate marketing. Here are some common causes and how to fix them:
1. Choosing the wrong niche
Cause: The niche you choose may be too competitive or not in demand. How to fix: Do thorough research before choosing a niche. Look for niches that are in high demand but less competitive.
2. The content is not attractive enough
Why: Your content may not be engaging enough or provide value to readers. How to fix: Create quality, useful, and unique content. Invest in writing detailed reviews, user manuals, and product introduction videos.
3. Lack of knowledge about SEO
Cause: Your website or blog isn't optimized for search engines, resulting in less traffic. How to fix: Learn and apply SEO techniques to improve search engine rankings. Use the right keywords and build quality links.
4. Do not use multi-channel
Why: You're focusing on a single channel, such as just a blog or just a social network. How to fix it: Combine different channels such as blogs, YouTube, TikTok, and email marketing to reach a wider audience.
5. Impatience
Why: Affiliate marketing requires time and patience. Many people give up too soon before seeing results. How to fix it: Persist and continuously improve your strategy. Remember that success doesn't come immediately.
6. No Tracking and Optimization
Why: You don't track the effectiveness of your campaigns and don't optimize them. How to fix it: Use analytics tools to track performance and adjust your strategy based on the data collected.
7. Lack of customer interaction
Cause: You don't interact enough with customers, leading to a lack of trust and engagement. How to fix it: Interact regularly with customers through comments, emails, and social media. Build relationships and build trust.
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