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.
- 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.
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.
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.
- 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|
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:
- Low Investment
- You don’t have to spend time on creating an own product
- No shipping or customer work (Works by itself)
- High Income Potential
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
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:
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.
All the best,