Can you make money with affiliate marketing? The short answer is yes, affiliate programs can earn extra money and even a full-time income from home. The long answer is a little more complicated. Like any home income venture, success comes not so much from what you choose to do to make money, but whether or not you do what needs to be done correctly and consistently.
The topic you choose must have enough depth that you can create a lot of content for it. This is important for building an authoritative site, for search engine optimization, and most importantly, for the end user. If you don't have enough content about a topic, you're not going to be taken very seriously as an authority on the topic and it's unlikely you can convince someone to make a purchase from you.
You advertise a product on your blog and you get paid whenever somebody purchases. Affiliate commissions can be 50% and over of the sales price for electronically deliverable products (eBooks, software, etc) that have no replacement costs. Physical products can offer 2% commission upwards. It doesn’t sound a lot, but if you sell a $10,000 entertainment system from a click on your site…
If you love to travel, it’d be a good idea to set up a travel blog or website where you can promote travel agencies and other travel websites such as the TripAdvisor. This world famous travel website is primarily known for its online reviews, but it is also a platform that can be used for booking hotels, restaurants and tour packages. If you become an affiliate for this website, you can earn up to 50 percent of the sale. Cookie duration, however, lasts only for 14 days. Nevertheless, it is the top option for affiliates in the travel niche.
Many affiliate programs will often run promotions with good discounts or giveaways that might be attractive to your audience. For example, if you're an Amazon Associate and the site have a big Holiday Sale, it would be the perfect opportunity for you to promote discounts to your website visitors. This is a great way to promote your offers while also providing good value to your audience.
John W. Newman is the founder of My Road to Financial Freedom.com and creator of The Residual Profit Secrets "Biz-In-A-Box" System. He is a lifestyle entrepreneur, investor, online business mentor, #1 Amazon best-selling author and proud family man! The aim of his business is to empower, inspire and equip people with the money management, mindset and strategies for success. His goal is to help people to create BOTH time and financial freedom, to escape their comfort zones, and live a balanced life with their health, wealth and relationships. He believes this can best be achieved by building a successful online business that will create both the cash flow and the lifestyle, so people can FINALLY live their dream life, WITHOUT the money worries! Join him on your OWN road to financial freedom!
To break down the question “Is affiliate marketing worth the effort?” take a look at the efforts I’ve laid out, and determine for yourself. In order to be successful in affiliate marketing you’ll need to choose a product category to focus on, learn about your audience, build a website or blog audiences can trust, create LOTS of content, and promote your content and your product, and with the right trial and error, you could be well on your way to receiving those commission checks from happy brands earned by referring happy customers. In terms of regular maintenance you will need to keep up with the latest online marketing trends, promote your content regularly, and continue learning about how your product category of choice is developing in today’s modern age in order to remain a trusted resource on your chosen topic.
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.