How to Make Passive Income with Affiliate Marketing + Training Recommendation

So you have heard about passive income and affiliate marketing. Now you want to bring it into reality but don’t know how? Alright in this Article I will show you how to make passive income with affiliate marketing.

After some years of experience in this field, I created this article to show you why passive income with affiliate marketing is one of the best choices and give you my favourite training recommendation that shows you exactly on how to get started.  After reading this article you will know

  • How passive income with affiliate marketing works
  • Why affiliate marketing is one of the best choices for passive income
  • And a Training that shows you exactly how start out with affiliate marketing step by step

 

(1) How does passive income with affiliate marketing work?


In most cases affiliate marketing is used as a passive income money source. Usually in connection with blogs or other automated money systems. But the process is always the same. First, I will go about what an affiliate product and an affiliate link is and subsequently the exact process of affiliate marketing from step one to the first dime.

What is an affiliate product?

An affiliate product is simply a product of a vendor (nike, adidas, amazon, wallmart etc.) that’s revenue is being shared. In clear words, as an affiliate marketer you are the advertiser and get a commission for every sold product through your affiliate link.

What is an affiliate link?

An affiliate link is your very own unique URL of a vendor (affiliate program). In this way the vendor can track how many people have used your link to buy a certain product what in the end determines the amount of commission the advertiser gets paid.

How does affiliate marketing work?

In easy words: You simply have to place the affiliate link on platforms that generate traffic and make visitors engage with your content. How this exactly works, I am going to tell you now.

  1. Website (or other platform)
    First of all there is a platform needed that helps you to reach people. May it be a forum, a website, a facebook group or an instagram account. Because without engaging people, you can’t earn money.
  2. Content
    On this platform you will need to share relevant content. Something that interests or helps people with a certain problem.
    Example: Henry is looking for a proper washing machine but doesn’t know which one is the best in a 500$ budget range. So he uses a forum to ask for advice. In order to help Henry, Julia shares a post with 3 best washing machines in the 500$ budget range. The post contains the pros and cons and certain details that are relevant for Henry. He clicks on one of the (affiliate) links and purchases the washing machine that fits best for him.
  3. Traffic
    On forums, instagram pages or popular websites, there is always tons of traffic. People are visiting and engaging with those platforms in order to find solutions or out of entertainment purposes. It is vital that your platform generates traffic. The more, the better.
  4. Money Making (Affiliate Link)
    Now that you have a platform with content and traffic, the last step is to place relevant affiliate links into your content. This causes the visitor to buy the product on which you earn a commission.

So that we have covered the process of affiliate marketing, let’s talk about why affiliate marketing is one of the best choices for passive income.

 

 

(2) Why affiliate marketing is one of the best choices for passive income


Website Earnings per Month
Finvsfin.com 50.000$
Simplyinsurance.com 50.000$
Itsalovelylife.com 20.000$
Survivallife.com 100.000$
Theflooringgirl.com 12.000$
makingsenseofcents.com 50.000$

(Source: https://ebizfacts.com/affiliate-marketing-websites-examples/)

Those are pretty good numbers. And the great thing about them is that it works all by itself (passively). You don’t have to sell anything, no customer work, no shipping work and no taxes work because of international sales. This is only one chunk of benefits of affiliate marketing. Here are some more:

  1. Low Investment
  2. You don’t have to spend time on creating an own product
  3. No shipping or customer work (Works by itself)
  4. High Income Potential

Low Investment

If you start out with affiliate marketing, there is zero to very little investment required. As I have already mentioned, there are many strategies to start with affiliate marketing. If you follow the strategy via instagram, facebook or forums you literally have 0$ of investment because those platforms are free to use.

If you make use of a website there are costs of around 30-40$ annually. That makes around 1.5$ per month! In comparison with big business companies or local businesses it is a truly little amount of financial investment!

You don’t have to spend time on creating an own product

Another great benefit is that by being an affiliate marketer you don’t have to create your own product. If you have watched some business owners like nike or adidas, you know that they invest tons of time and money to create their products. Conceptual work, buying materials, paying workers, taking care of tax specifics and many other things.

In Affiliate Marketing the only thing you must focus on is the content that you create. Be it in writing articles, creating videos or podcast audios. If it’s relevant to the customer, you are able to make money with it.

Note: The great thing about being an affiliate for other vendors is that many vendors offer high commissions. In the digital niche it gets up to 75%!

No shipping or customer work (Automated System)

Perhaps one of my favourite benefits. You don’t have to spend any time on shipping or customer work. In big companies this is a must and makes a big part of the business. Look at Amazon. Without their high investment in shipping and customer service they wouldn’t differ from any other ordinary online shop. The cool thing about Affiliate Marketing is that you don’t have to invest any time on this.

High Income Potential

This is simple. The more content you create, the more traffic you generate, the more money you make. As the list of successful affiliate websites shows: the potential is endless. If you are willing to invest the time, you can make 50.000, 100.000 even Millions with your affiliate business. The sky is the limit!

 

 

(3) Training Recommendation


So, let’s assume that you have read this article and are hyped to jump right into your first affiliate business (yes, as an affiliate marketer it is most likely that you will run several business). The first question that arises is: Where do I start?

For this I have created a review of one of the best affiliate trainings online. You can read it

>>>Here<<<

Maybe you have already heard of it. Wealthy Affiliate is a step-by-step training that shows you exactly how to start an affiliate marketing business from scratch (no experience online marketing required). It is very easy to follow, has all the tools (keyword tool, website host, 24/7 support) and contains a community of 1.4 Million members. You will find there all kinds of affiliate marketers from complete freshmans to highly professional (6figure+) business owners. You will find me there as well.

I recommend you to check out my review of it. But if you want to jump right into it, you can pick up your 7 days premium here for free:

(sign up is totally free!).

I hope I could help you with my article in answering your questions about affiliate marketing. If you still need some support or advice feel always free to leave a comment. I am more than happy to help.

Until there,

All the best,

Sergej

12 thoughts on “How to Make Passive Income with Affiliate Marketing + Training Recommendation”

  1. Hey Sergej, I am just at the beginning of my affiliate marketing journey and I found your article really helpful. I’m yet to make my first Amazon sale but I know it’s there waiting for me, I just need to write more content! I think sometimes I overcomplicate things, but your explanation of how this business works really helped to re-focus me. Thanks!!

    What would you say is a realistic timescale between building your first website and earning enough from it to meet your basic needs?

    Reply
    • Hey Matt,

      that’s a good question! Like you have already mentioned: Focus! It all depends on how much time you invest and how consistent you are. When you start a business, the beginning phase is always the hardest. You work without seeing results. So, there will be times where you have to re-focus. There was a survey about your question and the results were that it takes only 1 year to create a sustainable business by working on a daily basis. So, 365 days is the time you need to get things going 😉

      Thank you for passing by!

      All the best,

      Sergej

      Reply
  2. Thanks for bringing us this great introduction to affiliate marketing.

    Affiliate marketing can truly make you a passive income.  Okay it takes some hard work to begin with, but once everything is set up and in place, it certainly does look after itself.

    This is one of the few ways that you can make money while you are sleeping, or on holiday.

    I highly recommend this to all your readers.

    Reply
    • Hey Geoff,

      You couldn’t say it better! Affiliate Marketing is indeed one of the best ways to make yourself a passive income and earn money while you sleep. Of course, as you have already mentioned, it takes time and effort to get everything going, but this isn’t an exception. Every business needs time and work to start out, but after the system is running, you will be highly rewarded.

      Thanks for passing by! All the best for you,

      Sergej

      Reply
  3. This was such a detailed and pleasantly way to describe what affiliate marketing is and what does it mean when you take that round; great work you did there. I have to admit, when I first heard about Wealthy Affiliate I was really skeptical. I had no idea what affiliate marketing was nor if I had the potential and creativity to make this something from scratch. I’m so thankful that I decided to give the platform a try and have stayed for the last 2 years. I still haven’t reached my goal but that’s on my end and my lack of motivation to create. Regardless of that, I have seen so many good things come my way, I wouldn’t change it for anything. 

    Reply
    • Hey Stephanie,

      I am glad I could help out.

      It is nice to hear that you have so many successes with Wealthy Affiliate and have hit the 2 years mark! As I mentioned in my other comments, it is not easy to find a program for yourself that fits and serves you best. Nowadays we are being bombarded with thousands of making-money-online opportunities that it isn’t easy to find your way through it. Additionally many of them don’t provide you with quality content or in the worst case are scams.

      So, I am very happy for you and your success!

      Thanks for passing by and all the best for you,

      Sergej

      Reply
  4. Interesting article about affiliate marketing. I like that you start to explain what affiliate marketing is before you presented Wealthy Affiliate and that they could also start right away. I think I will do the same in my posts. The first picture was very appealing. Is it a free picture and what is the source?

    Good job!

    All the best

    Goran

    Reply
    • Hey Goran,

      I usually use pexels or pixabay for my pictures. They are open source and a great way to make your articles more visual.

      Thanks for passing by Goran.
      Sergej

      Reply
  5. A good and pragmatic exposition on Affiliate Marketing. Showing that it is a low investment without an entry barrier

    The market is continually growing year on year.

    Thanks for sharing

    Reply
  6. A good and pragmatic exposition on Affiliate Marketing. Showing that it is a low investment without an entry barrier
    You couldn’t say it better! Affiliate Marketing is indeed one of the best ways to make yourself a passive income and earn money while you sleep. Of course, as you have already mentioned, it takes time and effort to get everything going, but this isn’t an exception. Every business needs time and work to start out, but after the system is running, you will be highly rewarded.The market is continually growing year on year.

    Thanks for sharing

    Reply
    • Hey Ewawobolatito,

      thanks you so much for your feedback. Yes, a business takes time and can’t be achieved overnight. So, patience and focus are the keys. As long as you keep seeding, the harvest will come.

      All the best for you,
      Sergej

      Reply

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