What Is Affiliate Marketing Again ?
In case your not sure, Affiliate marketing is simply promoting products or services through a website and getting paid commissions when a sale is made. For example, say someone puts up a website about how to travel with a cat and they review and recommend different cat car seats and things like that. Well when someone clicks on the link on your website it will take them to the sellers’ website ( amazon or wherever ) and when the purchase is made, you will receive a commission.
You may be wondering at this point, how do you link to where the product is being sold. No worries, there are thousands of affiliate programs, you sign up for the one you need depending on what products you’re promoting and they give you a special link that belongs only to you and you will attach it to the product on your site.
That’s it! That is affiliate marketing, it is how website owners/bloggers make money ( one of the ways ). There are other ways to make money from a website but affiliate marketing is the main way.
Is Affiliate Marketing A Full Time Income ?
It can definitely be a full time income. It can also become more than a full time income depending on what you consider a full time income. I know several people that Ive met at Wealthy Affiliate that are full time affiliate marketers and are doing very well. I think that is the goal for most people in this business.
In the beginning it is a side hustle because you are building it, and the faster you build it, the faster you start making money. You are not making money right away. I think this is why some people quit. They do not have the patients or they just do not realize what the outcome will be if they stick with it. We are living in a world where people want things right away. We have everything at the tip of our fingers ya know? We want something, in one click it is at our door a few hours later. You can not have that mentality with everything.
Your going to work more in the beginning but later your going to be able to relax a little, once you are making it your sole source of income, you are your own boss, you can do what you want! Get up at 9, go to lunch when and where and for how long you want, take vacation when you want.
You are going to be making money from your website while you are sleeping, while you are on that vacation.
There are a lot of people searching for ways to make money online but they do not want to put in the work that affiliate marketing takes to be successful, they end up trying things where they are told they will make X amount of money easily and quickly like doing surveys, sending emails, watching videos, recruiting others. These things waste your time, might make you a little money but not a full time income.
How Much Money Can You Make ?
How much money do you want to make? I’ll tell ya this much, you can make more than a college graduate in less time. But do not think it is going to happen overnight. You can really scale this business as big as you want.
How Long Does It Take To Make Money ?
Like I said, An affiliate marketing business takes time to build. The faster you build it the faster you will make money. If your a complete newbie there is a lot to learn. If you can start, learn, put what you learn into action, within a year depending on how much money you need to live on, you could be quitting your job and doing affiliate marketing full time. It really depends on how much time you have to put into your business.
It is a journey and they way I look at it, it may take time to learn the industry but once you do and you’re making money and you see that if you keep implementing what you’ve seen work you can double your income the next year. A bachelors degree takes four years, you get a job making the amount of money they say, it takes at least 6 mo to a year to move up right. Then there is probably a cap on hoe much you make, then what? You go back to college for a few more years for your masters.
Affiliate marketing has been around for a very long time and will continue to be around for a very long time. It is a business that anyone can start as long as they have a computer and an internet and with the right mindset can achieve what they want.
It’s a business that cost very little to start and run. Back in the day starting your own business ment coming up with a large capital, renting out a store, hiring employees, buying inventory….Not now, not with an online business.
Who Is Affiliate Marketing For?
It’s for people who work hard and want to be their own boss. It is for the entrepreneur spirited, for the ones that want to make more money, for the ones that want to travel or retire early. People who understand that great things take time to build.
Conclusion – Is Affiliate Marketing A Waste Of Time ?
If I have to tell you then you didn’t read the post. Let me tell you a few facts about Affiliate Marketing that I think are really cool
- Your website is YOURS, It’s an asset. People sell their websites for thousands
- More than 80% of brands have affiliate programs
- Affiliate marketing is a global industry worth billions and billions
- You don’t need your own product
- No shipping or storing of products
So if you think affiliate marketing may be for you or you want to start. I recommend Wealthy Affiliate because there is a very thorough get started course that is free. Sign up below and get started!
Other than that, thanks for visiting Up and Running and please leave a comment below!