The Five Deadly Myths About Six figure A Year Affiliate Marketing Business Models!
(And How If You’re Not Extremely Careful They Can Be Extremely Hazardous To Your Wealth!)
You gotta admit, on the service (at least) when you’re green as grass and just starting out. The seemingly multiple benefits of affiliate marketing,seem awfully enticing don’t they? Case in point; who can resist the almost overwhelming advantages to completely inexperienced online newbie.
The fact that you supposedly can literally enter the big leagues with virtually little or “no previous experience!” imagine that! And let’s not forget the extremely low start up cost as well.
The Five Big Myths About The Six Figure A Year Affiliate Marketing Business Model!
(And Why You Have To Avoid It!)
Ladies and gentlemen, “how” many of the following five big myths about the so called affiliate marketing pot of gold have you; A.) Heard? or B.) Been guilty of actually trying to actually pursue?
It’s these five incredibly persuasive myths that have and will continue to be the downfall of far too otherwise sincere (but oh so naive) online marketing newbies!
1.) Major affiliate marketing myth # one: You “don’t” even need your own website to begin!
2.) Major affiliate marketing myth # two: You “don’t” need your own product to begin marketing online!
3.) Major affiliate marketing myth # three: You “don’t” even need your own service in order to begin earning a six figure income online!
4.) Major affiliate marketing myth #four: You “don’t” need any “previous experience” in order to be successful online!
5.) Major affiliate marketing myth # five: This one is huge! So pay close attention! You “don’t’ even need your own list!
(Entrepreneur, for even more fine points on this incredibly important topic! Be sure you watch the video!)
The Five Big Myths About The Six Figure A Year Affiliate Marketing Business Model, Reality And You!
Ladies & gentlemen, let’s briefly address these five big myths one at time. However, first let’s be sure everyone’s on the same page! Yes, it is 100% true that you (meaning) anyone can certainly get involved in online marketing using the affiliate marketing business model!
This post is merely pointing out, just a handful of the realities that await you, should you decide to attempt using that route as your long term vehicle to success! Because as you are about to discover, very few (that start out) using that particular business model, actually end up sticking with it! And for good reasons!
1.) Reality check # one: Entrepreneur whether you’re sending paid or free traffic to someone else’s (meaning the vendors website.) What happens if Google slaps them (the notorious Google slap) and their site gets shut down! Where does that leave you? id you’re trying to earn 100% of your online income, via the affiliate marketing business model!
Or, what if for whatever reasons, they simply decide to discontinue that particular program? Again, where does that leave you? It’s their site, your just one affiliate!
2.) Reality check # two: What if they decide to change the commission structure on that particular product, that you’re promoting! meaning- they suddenly without warning! Decide to lower your affiliate commission rate! What’s your recourse!
It’s not your product, it’s there’s! It’s like having a job and being told during a meeting the N>Y> office is closing and moving to California or vice versa!
Either you get on board or it’s been real!
3.) Reality check # three: So you’re promoting their service! What happens if they decide to move in completely different direction! Or suddenly change business models! Or again, they lower your affiliate commissions! What’s your recourse!
What if they merge with another company and discontinue that particular division altogether! Right!
4.) Reality check # four: “No previous online experience necessary!” Really? Entrepreneur “how” many successful six figure anything’s do you know, that have done it with “no experience!” Yea, of course they started out that way, but there is no way they (or you) will make it to a six figure income without the right type of real world experience!
5.) Reality check # five: Entrepreneur, “you don’t need your own list!” Say what? And what happens when your first time visitor (to your vendors) website doesn’t buy anything? And they leave the site without buying anything!
Since you’re not building your own opt in email list!! Guess what? They leave and you missed your one chance to make a sale! Because statistically speaking, there is a 99% chance, once they leave, especially if they didn’t buy anything! Their not coming back!
Now just for giggles! Let’s take seven figure affiliate marketing expert John Chow! Guess what? John has the following five things! 1.) His own website! One of them is Johnchow.com 2.) He has his own products! 3.) He has his own services!4.) He most definitely has experience!5.) And he definitely has his own list! at last count over 100 K opt in subscribers!
Yes, when he started out, way back when he most definitely didn’t have any of those assets! but ladies & gentlemen, at least 98% of the six & seven figure earners, that still use the affiliate marketing business model. Guess what? They all have their own products & services! Do you see a pattern here? Any questions?
Please list at least two simple spin off concepts (in the comments section below) that you can apply to your business, product or service in the next 30 days or less!
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