Some people say that getting rich through affiliate marketing is a fantasy. The reality is subtler than that. You won’t get rich if you plan to do next to nothing. If you could do nothing and get rich, everyone would already be wealthy. To make money with affiliate marketing you have to be motivated to work hard. After you establish yourself, which may take years, then you can start to sit back and enjoy the passive income as it flows to your bank account.
Once you’re financially stable, I hope you start giving back. It feels good and people like the idea of supporting a good cause (they will be more likely to click your affiliate link in your disclaimer). This also means you don’t have to use as many links in your content and risk getting a penalized. Last year I donated $3,000 to Red Cross At Hurricane Harvey.
Getting views on YouTube can take much less time than getting traffic on a blog. It’s all about the content and video SEO. Make sure you’re researching a good keyword for the video, writing a nice title, creating a nice custom thumbnail, long description, timestamps, etc. If you are good at making videos, holding people’s attention, and finding a solution to their problem, you should be good.
Some of the opportunity in this niche is going to be referring people to luxury brands that have higher order values than we might see on Amazon. I can’t disclose the person or the site, but one of my colleagues is in one of these niches and reported significant revenue increases from testing other affiliate programs against Amazon–before Amazongeddon.
Good blog Petra. Internet marketing is hard work and this opportunity is no different. I am generally not keen on joining affiliate programs that don’t pay a minimum of 15% commission. However, like all programs you have to master the different aspects of making money online and that will take more time for some and less time for others. The nice thing is everything is already put together for you. You just have to master all of the different marketing methods and you will make more money as you have done. I am joining the Amazon programme, however it won’t be my main focus of attention because of the low payout and I have other spokes in the fire as an affiliate marketer. I can say what I have learnt in the last 2 months with one of these programs has been incredible to say the least.