Hey Tom, thanks for this tutorial – it’s a good thing to get a tutorial like this from a trusted person like you and not from the thousands of (sometimes) confusing articles about passive income/affiliate marketing/clickfunnels and what not that I come across from time to time, I am making a living as a web designer and I have been thinking of pivoting from design and creative work to focus on passive income but didn’t know where to start. This is the perfect foundation article I have seen so far and I ‘d like to ask if you have any further reading/guides/videos on affiliate marketing that you’d recommend. I like to do my deep research before starting :) One more thing, there are some broken or missing images in this article, it could be my browser but check from your side too because there are quite a few images (e.g your Mercedes) that are missing. Thanks
The affiliate marketing industry is growing steadily. An independent survey commissioned by Rakuten Affiliate Network found that affiliate marketing is set to reach $6.8 billion by 2020. Ninety percent of advertisers included in the survey said that affiliate programs were important or very important to their overall marketing strategy, with the majority of publishers reporting that affiliate partnerships drove more than 20% of annual revenue.
First I want to tell you what brought on this post: I received my first check from Amazon in the mail yesterday!!! It was a great feeling, mixed with a bit of a let down, because to bank the check here in Australia it will cost me around $15 AUD, and that hurts, especially because the check is “only” $212.09 USD (The US Dollar and the Australian Dollar are very close in value at the moment).
Of course, you can place advertising links on your social networking pages, this will also be affiliate marketing. But in each case you will coordinate your actions with the advertiser. Whether such variant will arrange it. Some require only placing affiliate links on personal sites. Still, I advise you to create your own site. This is a good prospect for future earnings.
Tiptopcat, I am very grateful for your insight and constructive criticism on my niche sites, and I will gladly take them on board. I actually am not too happy with my Mens Wrist Watches site, I too think it’s somewhat all over the place. I am also thinking about revamping my Beach Decor site. But that is a major project for me, so it might take time. Thanks again though for letting me know what I can improve on.
Hi Rob, ebay has an affiliate program, it’s called ebaypartnernetwork and I use it a lot on my two sites. It is making me constant sales, even though it does not amount to all that much, around $50/month. But again it depends on the items you are selling. Mine are in general not that expensive, so I earn less. I find ebaypartnernetwork works better for me than Amazon.
There is forever a oppourtunity to earn capital through affiliate programs but evaluating the best product that blends our niche is the most complex part. I went through a few of your site and found it enormously delightful. I genuinely think, your blog has helped me a lot to identify the solution behind affiliate programs. I have bookmarked your blog and am following your feeds.
There are so many high paying affiliate programs that can help you succeed as an affiliate marketer. But of course, it’s never wise to solely base your decision on the earnings you will make, you also have to consider other factors such as your own expertise and interest, and your target audience. You cannot recommend SEO programs if you know nothing about SEO and if your blog does not have anything to do about it. Remember that you need to set up your affiliate website for long-term success.
Anyway, to make a long story short….in my first 2 years I only made like $5 from Amazon, then I bought this software, used it to find what keywords I should actually be targeting for the topic I was writing about, and I’ve made $101.17 since buying the software 6 weeks ago. And I didn’t change any of the content on my pages, I only changed the titles, descriptions, and tags to match up with keyword phrases that had the least competition and most traffic for the topic/product my page was about.
The amount of money you can make can depend greatly of you budget. If you have a small budget and you don´t have a lot of money, then you have to start with free marketing methods like article writing, blogging, forum marketing and such. It takes a lot more effort ant time to have success with these methods. But they are very effective if you keep writing articles and participate in forums. You can make $100 a day within just a few months just with article marketing.