Revealing The UGLY Truth About Affiliate Marketing

Summary

The speaker warns against traditional affiliate marketing methods, advocating instead for a modern approach using subscription-based products and automated sales funnels. They share their personal success story, including selling a profitable affiliate business, and offer free resources like templates and funnels to help others replicate their strategy. The emphasis is on building a sustainable income stream through recurring commissions and leveraging free traffic sources like social media.

Takeaways

• 🔍 The traditional method of affiliate marketing, which involves simply sending traffic to an affiliate link, is no longer effective and leads to high refund rates.
• 💰 The speaker has made multiple six figures in affiliate commissions and sold an affiliate business for a substantial amount, demonstrating that success is possible with a new approach.
• 🛑 Avoid the old strategy of just finding a product on ClickBank and hoping for sales; it's unsustainable and lacks authority building.
• 🔑 Focus on subscription-based products for affiliate marketing as they provide recurring revenue and are more reliable than one-time sales.
• 🌟 Build authority and a genuine business by collecting emails and providing value to customers, rather than just promoting products.
• 🛍️ Use a sales funnel, an automated system that converts leads into customers without constant manual effort, to scale your affiliate marketing business.
• 📈 Start with free traffic methods like social media to build an audience before investing in paid advertising for faster results.
• 📝 Collect email addresses at the beginning of your sales funnel to follow up with potential customers and increase conversion rates.
• 🎯 Target the top three niches—health, wealth, and relationships—as they are evergreen markets with consistent demand.
• 📈 The new strategy involves finding profitable subscription-based products within your niche and promoting them through an automated sales funnel.
• 🎁 The speaker offers free sales funnels and templates to help beginners set up their marketing systems and start making money with affiliate marketing.

Q & A

What is the speaker's opinion on traditional affiliate marketing methods?

The speaker believes that traditional affiliate marketing methods are outdated and almost guarantee failure if used today.

What was the speaker's initial experience with affiliate marketing?

The speaker initially made over $10,000 in the first three weeks using the traditional method but faced a huge cost with refunds piling in, leading to a crash in earnings the following month.

Why did the speaker's initial affiliate marketing strategy fail?

The strategy failed because it was not sustainable and was solely based on sending traffic to an affiliate link without building any authority or collecting emails, which led to high refund rates.

What is the speaker's new approach to affiliate marketing?

The speaker's new approach involves creating a sales funnel that operates 24/7 without the need for their presence, focusing on subscription-based products that bring in monthly recurring revenue.

What type of products should beginners focus on when starting affiliate marketing according to the speaker?

Beginners should focus on subscription-based products that offer monthly recurring cash flow, as these require customers to pay a monthly fee and can generate predictable income.

What is the significance of promoting subscription-based products in affiliate marketing?

Subscription-based products are significant because they provide a steady stream of income every month as long as the customer remains subscribed, unlike one-time sales.

What is a sales funnel and why is it important in the speaker's strategy?

A sales funnel is a series of web pages designed to convert leads into paying customers. It is important in the speaker's strategy because it automates the process of selling products and collecting customer emails for follow-up.

How does the speaker plan to help others succeed in affiliate marketing?

The speaker plans to give away free sales funnels and follow-up systems that can be used in one's own business, along with free training videos for beginners to set up and use these systems effectively.

What are some examples of recurring-based products that the speaker mentions?

Examples of recurring-based products include fitness subscriptions, website builders, streaming services, e-learning platforms, and hosting apps.

What is the role of free traffic in the speaker's affiliate marketing strategy?

Free traffic is crucial for those on a low budget and is used to drive people to the landing page of the sales funnel. It includes methods like social media engagement, which can potentially go viral and generate significant traffic.

What advice does the speaker give for those who want to avoid showing their face online?

For those who do not want to show their face online, the speaker suggests joining Facebook groups and online communities to drive people to the first stage of the sales funnel.

How does the speaker suggest scaling up the affiliate marketing business?

The speaker suggests using paid advertising methods like Google ads or TikTok ads for those with a budget, as these can drive significant traffic to the sales funnel and scale up the business quickly.