If you have always thought of affiliate marketing as just a supplimental income source, think again. Affiliate marketing can actually make an awesome complete business for lots of reasons. Here is my case for affiliate marketing as a complete business.
For those of you completely new to affiliate marketing, the concept is simple. Lots of businesses and people online are willing to reward you for referring new customers or visitors. You just have to register for an affiliate marketing program and send leads to the program’s site. If those people purchase something, you earn a commission.
What I love about affiliate marketing as a business is that it doesn’t require you to create any products, write any software, hire any employees or meet with anyone in-person or online. You just find customers who might be interested in purchasing a product and show them where they can purchase it. It’s probably the fastest way to get started making money online, especially if you find a good guide to affiliate marketing to help.
Repeat that and you can earn a full-time living solely through affiliate marketing. In fact, affiliate marketing is already a $13 billion industry and growing. The popular affiliate network ClickBank has paid out over $1.5 billion in commissions to affiliate marketers alone. That’s only one affiliate network.
Affiliate marketing can be a highly scalable business model too.
Anything from a 1-page website / $100 per month business to a huge site earning millions of revenue per year can be based on affiliate marketing. You have probably visited some really big affiliate marketing sites before without even knowing it. Here are a few you might have heard of:
Each of those sites are basically affiliate marketing sites. That’s how each of them make money. They provide content or services based around a particular topic (credit and product reviews in this case) and refer customers to other websites as an affiliate so they can earn commissions.
Those sites are each at least a decade old, they are run by companies with hundreds or thousands of employees and they generate millions of dollars in revenue a year. How’s that for scalable?
But you don’t want to build a big huge business, right? Maybe you want a lifestyle business.
If you’re reading this because you want freedom and the ability to decide how you spend your time, I have some awesome news.
Affiliate marketing could be the foundation of the lifestyle business you’re looking for. Take my friend Karl for example. He has made the majority of his money during the past 10 years from affiliate marketing (up to $2,000 per day he tells me). We’re not just talking extra income. Real freedom generating income is possible.
Karl has been able to continue to build his affiliate marketing business while spending a lot of time outside the country over the past year. Affiliate marketing could care less when you work or where you work from. Even better, you can continue to earn money when you’re not “working.”
Don’t think affiliate marketing is about getting rich quick.
I said earlier that affiliate marketing is one of the easiest ways to get started working online. That doesn’t mean it takes no work at all. Get-rich-quick schemes don’t exist in my book, and affiliate marketing is no exception. Putting in some serious hours is required to earn a good wage. You’ll probably want to enroll in an affiliate marketing course to help you along.
The cool thing is though, that you can start earning money in a short period of time (weeks if you’re a quick study). That is much different than building and selling your own product, which will usually take a couple of months or more. It’s also much different from blogging, which seems to take even the best about a year to start earning anything meaningful.
Getting quicker results is a big part of staying motivated. Too many people quit online projects because they didn’t see results after a few weeks or months. With affiliate marketing that risk is less.
I’ve made the case for affiliate marketing as a complete business. To get started on the right foot, check out my Affilo Blueprint 2.0 review.
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