I do make a small commission on some of the products and services that I use and recommend through affiliate relationships with those merchants. Before making any purchase you should always rely on your own judgement and do your own due diligence. The results you get will be entirely based on your own experience and skill set. Never, EVER purchase anything that you cannot afford. Avoid purchasing products that do not have a clearly stated Guarantee, or that promise ridiculous results, like "Getting Rich Quick". There is no guarantee that you will have the same success with any of the products or services recommended. Most people don't do anything with the products they buy, and most of the time, their results are zero! My results aren't typical because I'm not typical ;-)
You will make an excellent passive income for as long as you want in this line of work. In fact, you will even make money on your old blog posts written years ago, depending on the quality and relevance of your content. Your business will always stay open, and you will have cash flowing into your bank account 24 hours a day, 7 days a week, even when you’re asleep or off on a vacation.
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
Man, Ive been pulling my hair out over not really getting much from my Amazon Affil. based site. Im grateful you put this up about your experience with it. As far as you thinking you aren’t getting much back because you only sell low priced items goes, Im pushing big ticket items and it really isnt much better. Consider how much traffic you need to sell the lower priced stuff and then double or triple it to get a sale on a big ticket item.
I joined Amazon affiliate program a few years ago and put links on my blogs and webpages with NO LUCK until I read a few blog posts about how to use a software program called Market Samurari (link above) to determine which keyword phrases have the most traffic and the least competition. They explained that if you are selling something like dog supplies, the #1 listing in google for the search term “pink dog collars” will only get “20” hits per day, while the search term “dog clothes for big dogs” will get “250” hits per day. (just made up examples, not real numbers). While the general term “dog supplies” has WAY TOO MUCH competition for you to even think about getting to the #1 spot on Google (where all the traffic goes). So the software can tell you exactly what keyword phrases you should target to get the most traffic for the niche you are in.
If you follow the proven methods I’ve used to build my affiliate marketing business, you’ll spend the vast majority of your time WRITING. My business is all about creating content, content, and more content. Are there other ways of succeeding at affiliate marketing? Certainly, but I find that content marketing is by far the single most profitable method of affiliate marketing.
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.
That is the 1st car I have EVER purchased myself at age 29 (I was broke until then and leased from my parents). But the time committed to affiliate marketing and creating great tutorials and YouTube videos was worth it… I work for myself, there is virtually no limit on how much I can make, my schedule is flexible, and I collect enough passive income to live the life I want.