8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! - Business - Nairaland
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| 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by importexpert(op): 8:18pm On May 25, 2017 |
Over the years, i have made several mistakes in online businesses especially affiliate marketing. Affiliate marketing is One of the most profitable, legitimate and longtime online business that anyone can indulge in. For newbies that do not know what affiliate marketing is. The ideology of affiliate marketing is simple. Eg you sell a product, I get you buyers and you pay me commission for every single sale I brought to you. There are hundreds of millions of products to promote in the various affiliate market places and your target audience is the billions of people that uses internet daily. Starting up as an affiliate marketer in Nigeria, below are some of the mistakes I made that I really want you to avoid. 1. Planning: Before implementing any strategy in affiliate marketing, planning is very important. You need to have a clear picture of what you want to do. What I mean is that, if for example I want to promote a product, I will search for my target buyers and define a clear picture of the promotional method I will use for that audience. When I was a newbie in affiliate marketing, I only promote whatever appeals to me to whomever I can reach. Remember the 6p formula. Proper prior planning prevents poor performance. The 90/10 rule says that, the 10% of the time you spend in planning saves 90% of the time and effort. Planning is critical to your success 2. Search Engines Are Enemies: Search engines are some of the best things that have ever happened to the internet. They have made the internet a true global village. They provide valuable resources instantly and different solutions to a particular problem. From my experience, they have a major shortcoming, for anybody that really wants to make money online, search engines are time wasters. They are very good in supplying crappy information that looks like Gold from the surface. It usually takes about a period of 2years before you know that you have been digging on craps. The end result is that you will start suffering from a popular online sickness called “information Overload”. The major symptoms of this sickness is that it will make you think you have known everything about a particular business but it can never realize into monetary value (I mean what you have been learning can’t make you money) 3. Squeeze Page is A Key Starting up in affiliate marketing in Nigeria, i was sending traffic directly to affiliate offers. This strategy contradicts the internet marketing philosophy that says “the money is in the list”. To make real money in affiliate marketing, you need to build an email list of potential buyers. By building a list, you already have an audience to market various products to. Remember the popular 20/80 rule: this rule states that, 20% of the customers makes 80% of the sale. Put in other words, 20% of the effort yields 80% of your result. I simply mean that a certain percentage of your list will trust you and keeps buying the products you recommend to them. 4. Take Your Affiliate Marketing Business Serious: When I started as an affiliate marketer, I felt I was too busy doing things that were paying less and thinks that I do not have 1-3 hours daily to do the affiliate marketing that was actually paying more. It is just like a young child telling you that he is too busy doing a 50k job and will not have 1-3hours to sacrifice for a 300k job. You have to take your business serious and treat it like a business just like you will do to other offline businesses. 5. Traffic Traffic is of different quality. 100 visits from high quality traffic site is better than 2000 visits from a low quality traffic site. You traffic should be both qualitative and highly targeted. My initial source of affiliate traffic was from file sharing directories. They have some of the cheapest traffic that do not convert. When I was a newbie, I calculated traffic by volume not quality. It is later on that I realized that the quality has a better impact on my bank account. 6. Review What You Are Promoting your email list subscribers must be treated with love and respect. Only promote products that you are sure will add value to them. Starting as a newbie affiliate marketer, I promoted products based on how appealing the sales page is to me. Unfortunately, most of those products with better sales pages were craps. Ask the vendor/publisher for a review copy of the product or search for reviews about the product on forums. Read people’s feedbacks and ask the vendor few questions to see if he will respond. If he responds within 24-48hours you are good to go. The reason why you need to ask the vendor a few question is to be sure when your customers have challenge he will attend to them. 7. You Need A Guardian/Mentor The truth about affiliate marketing is that you need a successful insider to walk you through the inside. Without a mentor/guardian the inside is dark. The greatest mistake I made in affiliate marketing was starting without a mentor. I spent my first 2years in affiliate marketing with only 3 sales of sixty dollars to show for the 2years. I wanted to give up at a time because I felt I have learn everything about affiliate marketing and it is not paying. I never knew that if a strategy really makes much Money, they do not find their way to google and other search engines. I started seeing significant difference in affiliate marketing when I decided to get coach, a coach that is making the type of commissions I want to make. Although I spent much for his course but I now make much more than what I spent in a single day. Hold on to me if you really want to learn affiliate marketing in Nigeria and you will celebrate in 2017. 8. Think Globally When starting up as an affiliate marketer, I had a Nigerian mentality. Anything that I felt as a Nigerian I will not buy, I use to think the rest of the world will also not buy. A typical example is that when I started as an affiliate marketer, I do not promote products on dog training and other related courses. But after a little more exposure to the global audience, I decided to give such courses a trial. The truth is that I have made some of my best affiliate commissions promoting dog training on dog training forums. my advice is to un-cap the Nigerian mentality and think globally. Conclusion These are some of the mistakes I made when I started as an affiliate marketer that I do not want you to make. Their is no better time to start an online business than now, this is because if you are waiting for the right time you will end up never starting. remember the old popular adage that says "Good tidings goes to the people who hustle while they await it". start your affiliate marketing business today. I will show few lucky Nairalanders How to Succeed in Affiliate Marketing within a Month. Join The Lucky Few at www.affiliatejagaban.com/p/jagaban.html |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by importexpert(op): 8:18pm On May 25, 2017 |
To all those that already have the affiliate jagaban, kindly check your mail as i sent out a general mail about the long awaited affiliate jagaban whatsapp group. for those that are yet to receive the mail kindly be patient as it comes in batches, yours will hit your inbox soon. |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by importexpert(op): 8:19pm On May 25, 2017*. Modified: 6:22am On May 26, 2017 |
See What Some Of Those That Have Learn About My Affiliate Marketing Strategies Are Saying leppyj: MasterRahl: echobazz: IsaacBuchi: wonderiyke: wonderiyke:You Can See My Secret Strategies At www.affiliatejagaban.com/p/jagaban.html |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by eezeribe(m): 9:25pm On May 25, 2017 |
This one na confirmed advertisement. |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by Nobody: 9:49pm On May 25, 2017 |
okay. |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by 1999pikin: 9:51pm On May 25, 2017 |
Number 7 is very correct you need a coach. online business rocks ...made my first 50k as a student through online biz ....but most requires capital walahi.. |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by Alisegun(m): 10:26pm On May 25, 2017*. Modified: 4:53am On May 26, 2017 |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by importexpert(op): 10:30pm On May 25, 2017 |
1999pikin:i wish you success bro |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by importexpert(op): 10:31pm On May 25, 2017 |
NubiLove:how is business ? |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by importexpert(op): 10:31pm On May 25, 2017 |
Alisegun:space booker how is business ? |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by femiabiolajamb(f): 10:36pm On May 25, 2017 |
good work sire. more grease to your elbow. i have learn much. |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by importexpert(op): 10:37pm On May 25, 2017 |
itiswellandwell:thanks brother. i like your moniker. |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by importexpert(op): 10:39pm On May 25, 2017 |
femiabiolajamb:thanks femi, how is your project going? |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by kristian98(m): 10:41pm On May 25, 2017 |
re |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by Revolva(m): 10:42pm On May 25, 2017 |
importexpert:nice one bro affiliate marketing pays check my signatute to sign up for cyprus uni affilioate marketing fellas they pay a lot... sign up under me now |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by itiswellandwell: 10:43pm On May 25, 2017 |
Nice |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by iykepromotions: 10:49pm On May 25, 2017 |
. |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by importexpert(op): 10:58pm On May 25, 2017 |
feel free to ask your affiliate marketing questions. |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by vioment: 10:59pm On May 25, 2017 |
Correct. |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by Codes151(m): 11:07pm On May 25, 2017 |
Design a responsive landing page or squeeze page. Get more traffic to your blog/website Do affiliate marketing Whatsapp 08146228476 |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by Sugarcious(m): 11:10pm On May 25, 2017 |
I will like to ask u a few questions about payoneer |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by nazeefsco(m): 11:10pm On May 25, 2017 |
importexpert:i will.like you to be my mentor if you don't mind please ![]() |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by Joelvuvuzela(m): 11:45pm On May 25, 2017 |
importexpert:I do online businesses i make like #200k every month sometimes i even make more than 700k but i feel, its not enough, i am learning programming course to join it(self tutored) but there s a distraction sometimes. So my question is what the difference btwn online marketing and affilate marketing. Is there any special tools or tech know-hows for affiliate marketing alone? |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by MrTechy(m): 11:49pm On May 25, 2017 |
Good. Thanks for sharing |
| Re: 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! by Youdondeymad: 12:33am On May 26, 2017 |
Good job op,thanks for your thoughtful words of advice. 3 |
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