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We are all on the prowl to find new/other methods to which could potentially bring us more money.
In this day and age, however, the many ever-rising opportunities are making themselves apparent through the introduction of new technologies, software, hardware, automation systems and so many more.
We can sell digital products online in the form of courses, information, Ebooks, and subscriptions.
However, another method/route one could take which is just (if not slightly more) as popular as selling such digital products is Affiliate Marketing.
But you may or may not know what Affiliate Marketing is, allow me to explain what Affiliate Marketing is.
Affiliate Marketing is essentially the promotion of another company’s, business or individuals product, but for doing so if someone were to purchase this product that you’re promoting, then you get a small slice of the total selling price of that product.
Sounds great right?
All you need to do is to promote other people’s products and if someone purchases that product, you get a percentage of the selling price or as we like to refer to it as a commission.
It’s more than you think though, and the majority of the work is actually trying to get an audience of people who are interested in the product to entice them into buying it.
The cool thing about Affiliate Marketing is that you don’t need to have an inventory of stock yourself, as far as things go you have an unlimited amount of stock readily available, and the people/company who owns the product that you’re promoting through Affiliate Marketing handle of all of the shipping, invoices and other information.
So you don’t have to worry about all of that jargon.
I will give you an example, I’m going to promote this item:
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By clicking on either of those two ads and purchasing the product through those links, I will get a small commission of the selling price of either of those two products.
So that’s basically all it is, sign up to an Affiliate marketing program and promote the products that are available to you through those programs.
You can promote your products just about anywhere on the internet, forums, sites that cling toward helping others such as Quora or Ask.me, just make sure not to spam your links.
You can paste your links through posts on social media such as twitter and facebook, a very recent method that has been made apparent to the many people who know about affiliate marketing is to share your link on Pinterest and run ads on there.
But what are some good Affiliate Marketing programs?
There are a few that I know of personally.
#1. Amazon Associates.
Since Amazon is a big and popular marketplace on the internet where a lot of people go to buy thing’s that would normally be more expensive retail wise, you can be sure that you can make quite a handsome amount on this program.
Many successful affiliate marketers will tell you that they use amazon associates and they will tell you all of the successes and triumphs they’ve made with this awesome platform.
It’s easy to sign up, you’ll be required to add your tax information and payment method but after you complete those, it’s very easy and once you’ve done that, all you need to do is find what people are interested in, search that product/item on the amazon associate’s program and promote your link of that item.
#2. Fiverr Affiliates.
I’m almost certain you’ve heard of Fiverr?
You can go on there and hire people to do a wide variety of thing’s for you from blog writing, audio recording, a small clip of them dancing to your music and more!
These people are known as freelancers for the services that they offer, basically offering their services to you as an individual or a company, alternatively you can offer your own services as a freelancer yourself, however, it is quite difficult to make it in this space as there is a lot of competition.
Nevertheless, we’re not talking about freelancing your services but becoming an affiliate of Fiverr, the affiliate program doesn’t have any requirements, just that you have a space to promote the space.
Bluehost is a platform I recommend if you wish to create your very own website/Blog.
They offer great prices/service and have a wide range of tools in order to get your site ranked high within Google Search Engine.
Some people, however, have reported having had a lack of customer service or performance thereof, however, in my experience, I am very glad about everything that they have helped me with.
So join Bluehost now and start your own site/blog at very affordable prices.
WordPress is a popular platform for creating your own site/blog.
It’s super easy to use/user-friendly, fast, fast and it powers and considering that the number of total active websites is estimated at over 172 million according to a survey published by Netcraft, that means that around 75,000,000 websites are using WordPress right now — with around half of those sites (37,500,000) being hosted on the WordPress.com shared hosting installation.
So join WordPress here now and start your own site, remember that there are two different variations, this one is a hosted platform which means that wordpress.com kind of controls everything but you’re still in the driver’s seat. this one is known as WordPress.com
The self-hosted version is wordpress.org, with this you will need to find a web-hosting service (Bluehost) to host your WordPress site, I recommend this not only because you’re in control of everything but because when you start you will have access to a plethora of themes and plugins that wouldn’t be available to you with a wordpress.com site unless you purchase one of the expensive plans.
And these four are just a few of many other affiliate marketing programs out there, other popular ones include eBay Affiliates, Clickbank and so many more!
Honestly, the opportunity here is almost endless.
However, as with everything great and potentially lucrative, you will have to put in the hard work to lay the foundations for this process to pay off.
Concluding this post, Affiliate Marketing is a great opportunity to make money, not only online but as an additional revenue stream.
Many marketers and experienced entrepreneurs will tell you that the majority or a big portion of their total income will be from affiliate marketing.
So why not do more research about this, you’ll be amazed as to what it can do for you, perhaps even replace your day job.
You might even end up making your own affiliate marketing business and if you put in enough effort in the beginning, you might eventually have an automated system where your generating passive income from it.
That’s right you heard me, passive income, something we’ve all sought after.
So drop your thoughts in the comment section below as to what you would like the next post to be about and as always, stay safe.