Resale Rights Kingdom Blog
Affiliate Marketing As A Complete Business
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:
- Bankrate
- Epinions
- Lower My Bills
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.
More Info About Affiliate Marketing
What exactly is affiliate marketing? Affiliate marketing is the single fastest growth industry on the Internet. It’s also true that affiliate marketing is one of the fastest and most creative ways to make money and have a career on the Internet.
To make it easy, when you say affiliate marketing, this simply means selling products or services on commission basis. As a marketer, you would run a business that promotes other people’s businesses, their products and services. It’s up to you if you want to start our with your own product or just sell other people’s products.
[There are several things that you should have in order to be successful as an affiliate marketer: ]
Your website is the jumping off point of all your marketing efforts. So the first step in any successful affiliate marketing business is building a good, credible and professional looking website. You must build a user-friendly website, which will attract your prospects and motivate them to click on the links to the products and services you are promoting and make a purchase. There are companies whose business is building websites that you can hire to build one for you.
You must find products to sell, you must be able to determine whether there is a demand for those products and if people will actually buy them. You may either have your own original product or products that are made by others. Which ever way you go, you must believe in the products.
As an affiliate marketer, you need to be a good advertiser as well.You need to be able to judge whether a particular advertisement is generating enough hits for you or not. This is important since this will determine the income that you’ll get.
One important thing that you should consider is sharpening your mathematical skills. This is necessary since you would need to be able to track down your sales and how much profit you’re making. Be certain that your suppliers will get their pay on time to avoid hassles.
You need the full and unwavering support of your family so that you can devote the time and energy necessary to launch your affiliate marketing business.
