Wouldn’t it be a dream to earn money while sleeping, traveling or spending time with your loved ones, with little effort and very minimal work required? Well, actually, that’s not a dream!
There is a way and it’s called affiliate marketing. And believe it or not, there are many people who have a track record of earning over $ 50K a month – not a year, a month! – through affiliate marketing. You can read more about it here!
In fact, affiliate marketing is one of the most common ways, successful bloggers make money online. But good news! You don’t need to have a blog or a website to earn through affiliate marketing!
So, what is affiliate marketing?
In a nutshell, it’s a process where you earn a commission by promoting other people’s or companies’ products and services if the sale is generated through your promotional efforts.
Basically, there are three parties involved in the process: a merchant/company providing products or services, a customer buying these products or services, and an affiliate, that is the “middle man” promoting these products or services to potential customers while earning a commission on any sales generated through their efforts. Sometimes, the affiliate may even earn a commission per lead or click, regardless of a final purchase.
Most companies that offer affiliate programs on their websites usually put the information link in their footer. From there, you can apply to join their program as an affiliate. If accepted, you will receive a unique and trackable affiliate link, and most times, banners, tools, and other resources. Once you’re an affiliate, you can start promoting products and services by placing your affiliate links and/or banner on your website if you have one, via email or in your posts or pins on social media platforms.
What’s good about affiliate marketing is that you can make a nice income passively, with no initial investment, risk, or much effort.
To make the best out of affiliate marketing, you need a winning strategy in place, which includes applying for the best affiliate programs and networks. Affiliate networks are platforms which allow you to join thousands of affiliate programs from the same account. You can read more about it here.