Now let’s start off with defining affiliate marketing. Affiliate marketing basically consists of people promoting other companies’ products or services. In return, the company pays you a commission for every person that you refer that buys the product or service. Now as far as the commission goes, it ranges anywhere from 1% all the way to 75% or more, depending on the product or service that you promote.
The company tracks your sales through a unique link called an affiliate link, which is basically created for that product or service that you’re promoting. But you can pretty much refer people to anything from places that you visited, restaurants that you’ve eaten at, products that you maybe like or have used, or maybe products or services that you made a review for on social media. The sky is the absolute limit.
Before I keep going however, I just wanted to mention that this is not a pyramid scheme, but you need to be aware of scamsters and online marketing rogues.
A – Now let’s talk about the pros of Affiliate Marketing
First pro is that companies are relying on affiliate marketing to increase their sales instead of using the traditional way of promoting their products or services through TV commercials. I mean, companies recognize that people live and breathe social media and are always on their phone. Some companies that offer affiliate programs are Amazon, Walmart, Ebay, ClickBank, just to name a few.
And you can pretty much sell anything from high ticket items like maybe online courses, all the way to small products like a blender. The next pro is that it’s a low cost business. You mainly spend money creating a website, which is pretty cheap if you use WordPress or Wix.com. The next pro is that you don’t need to be an expert to promote any products or services, you just need to give your honest opinion. And the last one is that you don’t need to worry about customer service. So if they have any issues with the products, they do not contact you, they contact the company and that is it.
B – All right, so now let’s talk about the cons of Affiliate Marketing
So depending on what you promote you may not have repeat customers. A good example of this is a customer that buys an online course where they have lifetime access. Another con is that you may run the risk of generating little to no income when you start. But I feel like this has more to do with how confident you are when you promote things. Now this con is extremely important and you should definitely pay attention to this.
Promoting a negative product can negatively affect your reputation, which means that you are no longer credible and people won’t trust you. So when you pick a product, please make sure that it’s something of quality or something that you believe in. All right, so now it’s your turn. If you can please comment below and let us know any side hustles that you’ve done that require little to know investment.
Please share this post so that we can help everyone succeed. Okay, so now the big question is “How do some affiliates make more than $1000 through affiliate marketing in a few days?” It is best to quote an example in the next paragraph.
This successful affiliate, accidentally fell into it when he started selling products on Amazon. But before selling on Amazon he bought a course that basically teaches you how to sell on Amazon. He literally followed the course to the T, and instantly saw results. In the first two months of launching the product on Amazon, he basically made thousands of dollars in sales.
The course was eventually fully subscribed and pulled off the market to prevent saturation. He told them that he was gonna notify them once the doors opened. Months later the doors opened again and he got a commission for referring people that were already interested in the course. He made money on top of already making money from selling on Amazon, so I guess that’s a win-win-win.
The best advice that I can give to you is that you have to be 100% honest about what you’re promoting. So if you guys haven’t tried the product or service yourself or done extensive research, then don’t do it. Because the last thing you want to do is to lose your credibility.
So there you have it, now you know exactly what affiliate marketing is and how to make money easily. You don’t need a college degree and you do not need experience. And basically if ordinary people can do it, then you guys can do it too. If you want to join some free programs to set you up on your path to affiliate success, then go to our Freebies or Product pages.
AFFILIATE MARKETING SUCCESS IS CERTAINLY YOURS
BUT IT REQUIRES ACTION!!!