On my journey sharing home business opportunities over the years, I have come across many things that have proven to be profitable for the average person including network marketing, direct mail programs, e-commerce, t-shirt sales, drop-shipping, get-paid to sites and much more, however…. time and time again, I keep coming back to my favourite way of earning income online which is Affiliate Marketing, and here’s why:
First off, a basic definition of Affiliate Marketing. Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. Affiliate Marketers find products, promote them to others and earn a piece of the profit for each sale made.
And there are reasons I keep coming back to this attractive model for earning income online:
1.No need to create your own product .
…or handle any of the logistics required to handle the sales of your own product – you don’t have to ship anything or carry inventory in the case of physical products or handle returns, manage customer service or the like. This is all handled for you because you are an affiliate and not the product owner or creator.
2. It’s affordable to start.
Most affiliate marketers don’t need to hire a staff, can promote offers without purchasing the products and can promote their products a la cheap via free or inexpensive platforms such as a blog, youtube or various social media channels.
3. The Sky is The limit
81% Of brands use Affiliate Marketing Programs. Affiliate marketing continues to increase in popularity among advertisers, because of its performance-based nature. They only pay when the action they are paying for is achieved. A win-win for both the marketer and the Brand/company.
What that statistic means for you, the affiliate marketer, is that there are hundreds and thousands of products, niches you can find to promote and earn an income from, not limited to digital products in the business opportunity space.
Millions of businesses like Amazon, Best Buy, Walmart are happy to pay marketers for referrals and rely on affiliate marketers like you to bring them sales.
Platforms like Clickbank.com, Shareasale.com, CommissionJunction.com, and JVzoo.com, Amazon give you millions of offers to choose from to promote.
4. Passive Income
While traditional jobs have you trading hours for dollars, affiliate marketing offers you the ability to make money while you sleep. Most affiliate marketers invest an initial amount of time into marketing an affiliate offer, they often see continuous return on that initial investment of time as the offer is viewed and purchased over the following days and weeks… and longer. A passive income involves one receiving returns for work long after the work is completed. Even when not working, your initial marketing efforts will be earning you a steady flow of income.
5. It’s Easy.
… or at least much easier than other home business models. Often dubbed, “the lazy Person’s business model”, affiliate marketing does not require you to be working day and night hunched over your computer trying to make a sale. With the right offers, a little bit of initial training, and a little bit of consistent effort, you can be in profit fairly quickly without a huge learning curve or years of trial and error.
There are some great trainings, both free (simple youtube or google searches can get you started) and paid trainings that can get you started in Affiliate Marketing.
If you are not sure if affiliate marketing is for you and want to explore, I have come across some training that has provided tremendous value and created clarity on a path leading to success online.
Who is Affiliate Marketing right for?
… just about anyone who is looking to make either just a little extra… or a full time income and is ready and willing to put in a little time and effort. It’s beginner friendly and can be very lucrative. After exploring various ways of earning an income online, I reverted back to Affiliate Marketing as one of my favourites an definitely worth exploring further!
To your success and outrageous goals,
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