Bird’s-eye view of Affiliate Marketing…
How to earn Passive Income through Affiliate Marketing? But first let me define to you what is Passive Income? and what is Affiliate Marketing?
WHAT IS PASSIVE INCOME?
- In it’s simplest definition, passive income is the income that you can earn while you are on a vacation.
- You let the money work you.
WHAT IS AFFILIATE MARKETING?
- A marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals.
- You earn commission/s whenever someone buys a product through your unique affiliate link.
There are two approaches in Affiliate Marketing:
- You can offer an affiliate program to others or you can sign up to be another business’s affiliate. As the business sweeping an affiliate program, you’ll pay your affiliates a commission fee for every lead or sale they spin to your website. Your target is to find affiliates who’ll reach unstoppable markets.
- You join another company’s affiliate program. It’s all about extra revenue. Join those affiliate programs with no upfront cost to you. It just takes a little time to plan your strategy and select the partners that will have the greatest impact on your business.
“In 2017 there are over 3.75 BILLION active Internet users searching for information, looking for solutions to their problems, and purchasing products/services. This is YOUR audience and this is the reality of the opportunity!”
So while just browsing the internet, and surely you are one of the billion active internet users, doing ‘good-for-nothing’, why not start today? Study affiliate marketing and be one of those affiliates creating wealth through technology, by just promoting other products.
Indeed, there are lots of top affiliate programs you can sign up to. I can name a few best after my careful and painstaking research.
- Wealthy Affiliate – recommendable for beginners / affiliate program that teaches you from scratch
- Amazon – thousands of retail & digital products you can promote, from electronics to home garden, etc.
- Commission Junction – you can promote brands, products & services
- Clickbank – mostly you can promote digital products
- ShareASale – Find a sponsor for your web site / Get paid for your great content /promote merchant & deluxe business products
- Linkshare – also called Rakuten Affiliate Network
- Truly Rich Club (for Filipinos and for foreigners who have Filipino/Filipina partners who want to invest in Philippine Stock Market)
How Affiliate Marketing Works?
As illustrated above, affiliate marketing is just simple. You, being the affiliate, joins an affiliate program and promote certain products and/or services through your affiliate link by dint of your website for the particular company or merchants. Then merchants will pay you commissions as an affiliate.
Your WEBSITE serves as the depot of your AFFILIATE promotions. It is important that you first have to create your own website. When someone visits your site, click your affiliate link, and if sale happens because the customer buys something you promoted through your affiliate link, the MERCHANTS then pays you your commission income. Joining any Affiliate Network/program is free, and there is an affiliate program designed for all, you can study and choose which one is best. But later I will discuss which affiliate program I could highly recommend for beginners and which has an extensive training that will guide you from A to Z.
How Much Income An Affiliate Can Earn?
Unlimited income you can earn from affiliate marketing, as much as you can and as much as you want! It depends on the amount of traffic you can get into your website.
Let’ say you have 3000 clicks per month to your site. In case, 20% of it is click-through ratio, so you have 600 people every month is clicking through your affiliate links. And for example you are promoting something that leads to $100 per sale and you are converting at 1:20 (30 overall conversions), your income for that month is $3000 (30 sale conversion x $100/sale); and for a year that’s $36,000. That’s hypothetical and obtainable amount. And there’s a lot more affiliates out there who’s already earning an average of $1000 / day.
There you go! Now, you’ve seen the bird’s-eye view of affiliate marketing, how it works and your earnings potential. It’s time for you to join and register to some of the affiliate programs online and start creating wealth through Affiliate Marketing.
I would recommend WEALTHY AFFILIATE to those who want to get started, with zero background in Affiliate Marketing. Join now! Registration is free. What will you get? – 20 free great and awesome trainings online + 2 websites for free. Have a look and see it for yourself. Joining Wealthy Affiliate is your first step to realizing your potential as an online business owner.
You may send me your personal message at email@example.com and I will be glad to answer you, or you may also post your comments and review below.