In today's day and age, more people than ever before are looking for ways to make money online. With the pandemic having caused major lockdowns across America (and many other countries), interest in this idea has grown even further as a result! But how do you get started without risking all your savings or going into debt?
There are many ways to earn a living online these days, from freelance work to full-time remote positions to running your own Etsy store or selling products on Amazon. I could probably list 100 different ways to earn a living online, but the #1 that I always suggest is affiliate marketing.
What Is Affiliate Marketing?
Affiliate Marketing is a great way to start your own online business with little investment. You can make money by promoting other people's products and services, which makes this tactic one of the most under-appreciated methods out there!
In a nutshell, affiliate marketing is simply the process of selling someone else’s products to earn a commission. That’s it.
How It Works
At its core, the process for earning money with affiliate marketing is pretty simple. You simply find a product to promote, get targeted traffic to that product’s sales page, and then collect your commissions on any sales you make.
There are many affiliate networks where you can easily find products to promote to start earning commissions. One I always recommend is ClickBank (https://clickbank.com), because it’s easy to get approved, there are tons of different products to promote, and most of the products pay out a hefty commission.
So that then begs the question, “How does one generate targeted traffic?”
There are tons of ways. Some of the most popular are Facebook ads, YouTube ads, SEO, native ads, and social media posts, and that’s just to name a few.
But there’s a right and wrong way to succeed with affiliate marketing.
Unfortunately, most people do it the wrong way.
The Wrong Way
Many newbie affiliates will find an offer to promote, run traffic directly to that offer, and sometimes make a few sales and earn some commissions. That process actually CAN work out well sometimes if you find the right offer and get traffic cheap enough.
The problem with that approach is that it’s a “one and done” approach. You pay for traffic, make some sales, and then you have to repeat the process. But what happens when the offer no longer generates the same level of sales? Or what happens when your traffic costs go up?
You see, finding the right product and getting cheap enough traffic to turn a profit is hard enough to do in the first place. But even if you’re lucky enough to make it happen, it won’t last.
But don’t worry. There is a better way.
The Right Way
Don’t send your traffic directly to an affiliate offer.
You need to spend your traffic budget building an asset you own. Invest in growing an Instagram page, a YouTube channel, a TikTok channel, or my personal favorite… An email list.
When you build up your asset, like an email list, you can use that asset repeatedly to generate traffic over and over to new offers. This is the secret that all expert affiliate marketers already know.
The 7-Figure System For Affiliate Marketing
An expert affiliate marketer has earned 7 figures a year since 2010 using a simple system that anyone can follow to build up their assets and earn consistent, sustainable income with affiliate marketing.
➡ Click Here to watch a short video that explains exactly how the 7 figure system works.⬅
This page contains affiliate links. This means that if you click a link and buy one of the products on this page, I may receive a commission (of course, at no extra cost to you!). This doesn’t affect my opinions or my reviews. I only promote high-quality products that I have personally vetted.