Fortunately, with affiliate marketing you can avoid this altogether. Instead of investing your resources into product development, you stick to selling existing products that have already proven to be winners.
Cons of affiliate marketing
Cons of affiliate marketing
While with affiliate marketing you can sit on a beach, earn passive income, and work on your own schedule, it requires significant effort and dedication up front.
SEO is not an instant process. It takes months of creating content, building links, and earning Google’s trust before you can compete for the most lucrative affiliate keywords.
And unless you already have knowledge of SEO or other affiliate publishers, it takes time to learn. I am still learning new things every day, and I have been doing this full time for 4 years now.
If you want instant gratification, affiliate SEO is not for you. But if jordan phone number data you understand that it takes time and you are patient and disciplined, affiliate marketing can be very lucrative.
2. Affiliate programs can close or be unreliable
If the program you're promoting suddenly closes or changes its terms, this can make a big dent in your income.
This happened to me in April 2020 when 98% of my income was coming from Amazon, and they cut their commission rates in half.
And it's not just Amazon's problem, either. For example, Ezoic recently closed its affiliate program, and many influencers who were earning a high percentage of their income (and it was a recurring commission program) were suddenly left out in the cold.
Therefore, it is best to diversify and not rely too much on a single affiliate program, just as you should not rely too much on a single page on your site to make money, as you may lose rankings or traffic.
Now, Amazon accounts for about 20% of my affiliate income, which while it would be frustrating to lose if the affiliate program closed, it wouldn't be so disastrous.