Hey Miles here, milesbecker. com. In this video you’re going to learn thefive things that I hate about affiliatemarketing. Now I’ve been affiliate marketing since2003 and I currently earn hundreds ofthousands of dollars peryear as an affiliate. So I’ve got some lovefor affiliate marketing,but it sure isn’t without its challenges. And you’re going to learn the fivebiggest challenges here in this video. And in the end you’re going to learn theright way to do affiliate marketing soyou can kind of overcome and bypass andside skirt a lot of these challenges youwon’t have to experience. Let me just deal with them becauseI’ve already been through it. So number one is getting stiffed onpayouts. Now you as an affiliate marketer,by definition don’t haveall that much control. When you’re working with an affiliatevendor through an affiliate network,you do have a thirdparty in between, right?So if you’re on ClickBank or you’reusing something on share a sale,you have that kind of third partycompany in between you and the vendor. But what’s been going on recently is alot of companies are running in houseprograms,whether they are on Infusionsoft orSamCart or Thrivecart or whatever it mightbe. Even some word press basedones on MemberMouse andthese individuals are withinfull control and they canchoose not to pay you. If they so deem they can disappear,they can fall off the face of the earth. I have one vendor who has withheld $8,000in payments from me and I’ll be honestwith you, that sucks. I sent $16,000 worth of sales and I didn’tget my $8,000 in commission jokes onme. Lesson learned, and thisis one of the challenges,big challenges of kind of relinquishingcontrol of being an affiliate marketerand again,stay to the end and give me a thumbsup if you like this content because I’mgoing to teach you how to bypassthese kinds of challenges at the end. Number two is vendorschanging your links on you. This is such a big problem. It’s crazy. It even happens all the way upto the Amazon affiliate program. We’ve had literally, I’ve built poststhat talk about specific setups. One of them was my video, mytravel vlog gear setup, um,and I had all of the different itemsthat I use to build my travel videomarketing rig. And Amazonchanged all of the links. I think what actually happened is theproduct sold out from the Amazon listingpage and the next vendorcreated a new listing page. So my legs just stopped showing up,which means people are finding my contenton Google, they’re reading through,they’re clicking on my links to take myrecommendation and they found nothing. And this is not limited to Amazon,that’s just the one thatstands out in my mind. This has happened on abunch of different networks. It’s happened on some individualprograms and yet again,you’re not in control and oftentimesthey won’t let you know that they made achange to their URL structure. Maybe even they changed the actualaffiliate management tool, right?They went from a,from kind of a built in to SamCart oneand they added on like an iDevAffiliateor something like that andit changed all the links. And they forgot to updateyou affiliates. It happens. And that’s just number two. Number threeis they stopped supporting products. Now this one really irks me because Ilook at especially any sort of affiliateproduct or any sort of product thathas a monthly or annual recurring bill. I kind of look at that recurringbill as a contract, right?So when I buy somethingand the company says, Hey,it costs $100 or $200a year to keep updated,I think that’s them saying that they’regoing to actually update the product. And what happens is sometimesthey abandon their products,they make their millions,they go on to do other things. They want to be cool kid digitalnomads. I don’t know what that is. There’s some that I’m extremely frustratedright now that I may be going publicwith soon. Um, but they’veliterally abandoned their projects. And here’s what happened. Sowhen they launched years ago,it was a great product. It wasone of the best on the markets. So I not only used it, I taught how touse it, I integrated it into my business. And I recommended others did as well. Now they really aren’t updating it. They’re not holding,they being the vendor aren’tupholding their end of the bargain,which means it kind of looks poorly onme because I now have all this evergreencontent that I built and now that it’sgoing to this tool that’s getting alittle bit sluggish and it’s not reallyupholding its original promise like itwants did, looks bad on me andit’s outside of my control. So that was number three. Number four is scammy coursecreators selling dead methods. This is the the cesspool of affiliatemarketing and there’s kind of a like an Scurve, if you will,a growth curve or a bell curve with howall affiliate marketing methods work. Okay?So what happens is a couple of craftyand creative affiliate marketers learn amethod or two, they learn away to build a type of website,whether it’s an Amazon review site orthey learn a way to leverage YouTubevideos to drive affiliate sales. Andthey really utilize that to its fullest. They run it as fast and as, asquick and as hot as they can. And then that method starts to workless and less over time because it getssaturated, right? They’reessentially kind of, um,diluting their own source. But then that’s when they’llgo create a course on it. And these are the 400 and997 and sometimes they’reeven thousands of dollarsfor these affiliate marketing coursesthat are selling these outdated kind ofmethodologies. So thiscauses two big time problems. Number one is it brings people intothe ecosystem with kind of misalignedexpectations. And that’s just a problem for theentire industry of affiliate marketers. Number two is for those other marketerswho figured out the game and who wereworking this strategysuccessfully, all of a sudden,thousands and thousands of newindividuals come in as competitions. Copycats start to show up andessentially they blow up the spot. It’s the proverbial beach town in Mexicothat no one knew about until all theInstagrammers and thebloggers blew up the spot. That does happen to us in the world ofaffiliate marketing and there’s verylittle we can do as this other than kindof continuing to stay on the leadingedge of our game, right?You don’t want to be buying the oldmethods that the gurus are now selling youbecause trust me, if those methods werestill working as good as they once did,as as their testimonials say they werea, they wouldn’t be teaching them. They would be actively leveragingthose methodologies themselves. So that’s number four. Number five is the,the culture of individualswho give it a half attempt,who dabble in the world of affiliatemarketing and they go on to say,this stuff doesn’t work, oraffiliate marketing is a scam,and that’s completely untrue, right?I’ve built a very successfulcareer leveraging affiliatemarketing as one of themonetization channels that I use. It’sjust harder than most people realize. It just takes a lot more workthan most people realize. It absolutely does workwhen we get the game right,which brings me to the rightway to do affiliate marketing. When you’re focusing all of your energyon growing an audience of people andhelping that audience of peoplereally to accomplish their goals,to create the life they wantto solve their problems. You’ve got the captive attention of thisaudience and you get them onto an emaillist that you personally own. This is the right way to do affiliatemarketing because what happens is whensomeone changes out your links orwhen a vendor stops paying you,or when your relationship with a specificaffiliate vendor, uh, goes downhill,which at some point willhappen in your career,you’re in control of the flow and youthen have the ability to simply replacethem with a another alternative with onewho’s actively developing the productthat they are actively standing behindit or delivering on that originalpromise. Right?So the goal is for you as the affiliatemarketer to add value to be a,an in between, right?Between the person searching on Googleor YouTube and the product itself. Then your job is notjust to link them to it,but your job is to actually meetthat individual where they are. You’re there to help them answer thatquestion of what they’re searching for. You’re there to build a relationshipwith them, a longterm relationship,and really truly help them get onthe path to solving their problems,answering their questions and achievingtheir goals. When you do this,you become their trusted advisor andultimately you may start by sellingaffiliate products and thenyou can replace the productswith your own products. I started by making a lotof Facebook ad videos. I built an audience of peopleinterested in Facebook advertising. I have affiliate relationships withsome Facebook advertisers right now andguess what?I’m starting to lay the foundation tobuild my own Facebook advertising course. This is going to increase my margins. It’s going to increase thevalue of my positioning. It’s going to increase my profits overall. The value I got as an affiliate marketerwas the ability to monetize the processof growing my audience and now I canreplace that vendor with my own products. And this is truly the real powerfulway to grow a super successful longtermbusiness. As an affiliatemarketer, as I said before,I got a love for affiliate marketing. It has revolutionized my life,but it isn’t without its own challenges. And so often the fake gurus and thepeople on Instagram touting the passiveincome lifestyle only tell you thegood sides and there is a dark side toaffiliate marketing. Be aware of thatand remember, add value, grow the list,own that relationship becausethat ultimately is the value. You can then replace the offers,you can replace the vendors and you caneven create your own offers and reallymaximize your ROI that way. Thank youvery much for this, for your time. If you enjoyed this video,give me a thumbs up if you havequestions about affiliate marketing,click below and leave me acomment with your question. Also,I’ve got a free training on how todo affiliate marketing the right way. I’ll have that pop up on the endscreen, so keep watching that. If you want a free hour long trainingwhere I go deep into the game and thewhite way to do it, thankyou again for your time. I look forward to seeing you on thenext video until we meet again. Be well.