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Making Money Online With Affiliate Marketing.

The Internet offers vast opportunities for making a living on the web. Upwork and Fiverr saw that as 37% of the American labor force accomplished some independent work in 2021. Besides, 87% of them said that innovation made it more straightforward to track down independent work.

Affiliate Marketing is one method for bringing in cash on the Internet. Affiliate Marketing should deliver income on demand. Question, does it truly work? We should investigate.

Key Takeaways


Simply, affiliate marketing means selling goods and services from another person or company. 9% of publishers questioned made more than $50,000 in affiliate commissions in 2017.

Remember that you’re more likely to make affiliate commissions with content that is similar to your own. Making content that is niche-specific is key.

Driving traffic to your products can help if your affiliate commissions begin to dry up.

Affiliate Marketing Defined

Building Your Tribe

In simple terms, affiliate marketing means you are getting customers for another person or company. It is like a referral service. You set up the traffic source, a website, or a blog. Then you join affiliate programs that are relevant to your audience (Niche). You can connect to these programs through affiliate networks like Clickbank, Warriorplus or just by going to the products or services website you want to promote and scrolling to the bottom where you will find a link to their affiliate program. Want to learn more about Affiliate Networks you can join? Check this article on the Top 10 Affiliate Networks. They will provide you with a personal link that you can place on your site. When someone clicks the link and buys the product, you get a portion of the sale as a commission. Sometimes these are recurring commissions.

How Much Can You Earn?

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The affiliate marketing industry is growing exponentially. Statista reported that spending on affiliate marketing in the U.S. was predicted to reach $8.2 billion by 2022. That’s up from $5.4 billion in 2017 and $1.6 billion in 2010. This only goes to affirm that affiliate marketing isn’t going anyway any time soon. Another study from VigLink offers a closer look at just how manycommissions affiliate marketers are making. According to the survey, 9% of publishers produced more than $50,000 in affiliate income in 2017. About 65% of online business owners said they were making between 5% and 20% of their annual revenue from affiliate marketing. The survey also showed a link between experience and commissions. Among the online business owners with the most commissions, 60% had been involved in affiliate marketing for more than five years. This is definitely not a get rich quick scheme. It will require work and some long nights but after is all done you can automate 90% of it. Then you can scale to the moon. 65% This larger part of shippers said they were making somewhere in the range of 5% and 20% of their yearly income from subsidiary showcasing. The biggest benefit of affiliate marketing is that you can make a passive income while you sleep on autopilot once it is up and running. All you need is a steady flow of traffic to your online business. However, there are some cons. Affiliate programs can change their terms of service, your revenues could be directly decreased. Becoming an affiliate for the wrong businesses can also become a burden. You won’t earn money unless your audience (Tribe) feels compelled to buy their products or services. Given the growth of affiliate marketing, you’ll also have to contend with fierce competition from other marketers promoting the same products. That’s why I always say you should be very niche- specific with your target audience. Like targeting people who own a french bulldog. People who like drones. Be very targeted and there will be less competition. Finally, you’ll have to maintain traffic to your website by being very consistent with your content. Canva has everything you need to create any content.

Developing a Successful Affiliate Marketing Strategy

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It is pretty easy to get started in affiliate marketing, but leaving your 9-5 ain’t easy. Making enough commissions from affiliate programs is an entirely different ballgame. If you’re thinking of giving it a try, it is vital to lay the groundwork first. Check out my FREE training to get started FAST. Start by thinking about your audience’s pain and needs. Here is a FREE template to help you to get to know your ideal customer. What kinds of goods and services do they want? Which products are you currently using that you would feel comfortable recommending to your readers? You can always add links to any affiliate program to your site. However, it would be best if you promote products that are relevant to your brand to maximize conversions and keep your audience engaged with your brand. Next, research individual affiliate programs to compare how they work. You want to consider factors such as the size of the commission and how often the company pays you out. Make sure you also understand any rules they impose on members of their affiliate networks. Always remember that you’re likely to make more commissions with affiliate marketing content that is relevant to your brand. Last but not least, be upfront with your audience. Adding a disclosure to your blog posts or somewhere on your website lets them know that they may come across affiliate links. This disclosure adds to your credibility, and it is also required by the Federal Trade Commission’s endorsement guidelines.
The Bottom Line
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Affiliate marketing can be very lucrative, but it takes a commitment of time, hard work, consistency, and a small investment to make it a real business. Do thorough research before you jump on the affiliate-marketing train.

Also, don’t forget to avoid putting all your eggs in one basket. Affiliate stacking is the best way to be successful. If you’re hoping to build a successful online business, diversifying your income streams is the smartest move.

This article includes affiliate links and will give me commissions to keep providing content. Thank you for your support.

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Mike Wall

Mike is a top-notch educator and business coach. Who specializes in helping people leave their 9-5 jobs.

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Congratulations on taking one step closer to becoming an Affiliate Marketer. Fill out the form so we can give you your FREE Ideal Client Blueprint.

P.S. We hate spam as much as you. We promise to never spam you. We promise to bring you as much value as we can or you can unsubscribe anytime. Don’t forget to reply “I Got It” so we know you received it.