I absolutely LOVE affiliate marketing. Affiliate marketing can feel quite passive and it makes location independence and traveling full-time much more enjoyable. You can create just one blog post or social media post, and potentially earn money from it years down the line, as long as you maintain it and keep generating traffic to it. With affiliate marketing, I can enjoy life more and know that I am still able to earn a great living promoting products that I use and enjoy.
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).
Thanks a million, if you have time, let me know if my 3 step plan is the right way for me to go about this. Or if I am missing anything. It just seems too easy like that….You could make 100 videos promoting 100 products. Would this not work to make a good living? It would not take long at all to do 100 videos and as long as you did all the editing before you upload it, going back to edit it would not be nessecary.
If you’re asking, “how much do affiliate marketers make” – well, Michelle Schroeder-Gardner makes over $50,000 / month from affiliate marketing. She is her own boss, and lives the dream life (on the road) with her hubby. She’s recently released a course on affiliate marketing, right from the what-it-is to the how-to-do-it (legally) – and the results her students (like me) have seen so far have been incredible.
Let’s ask you something, if affiliate marketing is not profitable then why so many people are digging their nose in this. Why the competition is so high these days? It’s simply because they see a lot of money in this business. As a matter of fact affiliate marketing is something in which you can make huge money and even without much investment. We know you may have three queries in your mind:-
If you want to make real money with affiliate marketing, then set aside the idea that it is a get-rich-quick scheme. Affiliate marketing will only lead to immediate riches if you cheat and that, eventually, can lead to fines or jail time. If you want to make money at affiliate marketing and sustain that income over the years, then you have to do it right and that takes time.
Affiliate marketing is most profitable if you generate your own emailing list using an autoresponder. This involves some initial expenditure, but the rewards of creating a list can make the work well worthwhile. By communicating with your list and providing useful information on your niche you can gain their trust. List members will then be more likely to listen when you recommend certain products to them.
Otherwise, it’s as easy as adding a link to the video description and asking people to click on it. Coupon codes are a huge bonus (if your affiliate offers this) since often times, you can give people a discount using your custom code, while crediting you the sale, without them even having to click your affiliate link. This results in higher conversions. (Tyler Moore does this).
Website Development Help – need help setting up your theme? I’ve been working with the same 2 developers for 3+ years. To hire them, sign up for a Freelancer account, post your job (WordPress theme installation) then invite user i333 or bdkamol to your project. If you want, contact me and I will introduce you to them via email. Both are great developers with reasonable rates, speak fluent English, and I outsource all my programming work to them.
(Also, did you notice Michelle said you don’t even need to HAVE a blog to be a successful affiliate marketer?! I thought that part was pretty interesting. Meaning affiliate marketing would be a great side income option for anyone who was willing to learn to do it and put the effort into a social media account – like Facebook, Twitter or Instagram.)
Affiliate marketing is one of the easiest and most efficient ways of making money in today’s internet connected world. Affiliate marketing is far easier than what a beginner may think. It’s simply a partnership, where you and the business you’re promoting mutually profit one another. In fact, you can earn an extra money and even a full-time income from home.
So, each year he spent as a corporate drone was getting harder and harder for him. Maybe it was the routine; maybe it was the fatigue caused by the constant pressure of overworking and chasing deadlines. The bottom line was that it was time to do something about it. Finally, he took a gap year that has now lasted two years already and is unlikely to end anytime soon.
In this Amazon Niche Case Study, I’m trying to stay as transparent as I can. I share income numbers and traffic numbers. I also share my methods to get the shared results. You might have read some income reports on other blogs talking about the total income the site or the blogger makes. In this case, … Continue reading Case Study with Income Report
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 ;-)
But let’s be totally honest for a minute here. There are millions of blogs out there, and a fraction (I dunno, less than 10%?) of bloggers are earning any money at all. And even fewer are earning full time income. The fact that I was able to join the ranks of “the full time income earning bloggers” just 7 months into blogging is sort of unbelievable. (Only, do believe it, because it happened!)