When it comes to making money online you can never ignore affiliate marketing as it is one of the most lucrative ways to make money online.
Just like any other business it is not easy to set up but once done it can be one of the most lucrative businesses for you especially if you earn consistent income. Today I will talk about how to make a passive income with affiliate marketing.
The post will be purely based on what I have experienced as an affiliate marketer over the past few years.
Before we start you can check how out my # 1 recommendation of how I make money online.
Now without wasting time let us start.
What is affiliate marketing?
Affiliate marketing is basically where you promote a product that you do not own and get a commission for your efforts in being the referring person.
The good thing about this is that you do not need to create a product and also you do not need to handle any product or any other thing rather then your commissions which you get through PayPal or another source.
You go and apply to an affiliate marketing product and from there you will get a link which is will be linked to you.
So whenever a person purchase through the product (your link) you will get a commission.
To get these links for products you get it for free and start promoting.
Step 1: Make a website
The first step for being an affiliate marketer is that you need to create a website.
Now, granted you can do it without a website but your journey be very long and hard. This is because when you get people to your link they will go directly to the sales page.
This will leave you with a lot of people who you let slide of which if you had a website or a landing page they would have been your customers forever.
The good news is that it is so easy to build a website and will take you less then 5 minutes.
In fact, you can even build a free website with Siterubrix and also with wix.com. Your best bet is siterubrix because this site give you trainer free to be a successful business person.
Once you make your website it will be like your storefront where people come to you daily to check for information, How cool is that?
Imagine if you did not have this?
You will lose a lot of potential customers.
Creating content involves a lot of aspects such as buying your domain and linking it to your hosting platform which could cost you a lot.
This is the reason that I recommend using siterubrix or wixi.com for these options.
Step 2: Create content
Once your website is fully functional the next step is to create content on your site. Now this is not just content but it is content which can generate you a lot of money.
You will need to right helpful content to help your readers with their problems so that they will trust your advice.
You need to do this overtime until it helps you become a trusted brand in your niche.
Now I know that not everyone knows how to do this and they will think it is hard, however that is very opposite.
Before I started my online business I really thought it was impossible for me to do this as I was never a writer in my life, let a lone a blogger.
But once I got the Free training from Wealthy Affiliate I was able to really excel in my business. and was able to start earning from my online business.
Step 3: Create email marketing system for your website
The third step after creating good and helpful content on your website is making an email marketing system.
So what in the world is this?
This is basically where have a service whereby when people visit your website they can put in their email and you capture their details.
The importance of this is that you will be able to create an income forever.
This is because in the online world there is a term which says “money is in the list”. Which means money is made by having a long email list.
The reason this works is because people always read their emails and so it is an easy way to capture them and keep talking to them to promote your products.
It is like having their phone numbers where you constantly talk to them and give them help.
Step 4: Create a social media group
Another great way to keep your customers close to you other than emails is to have them on a Facebook group.
The importance of this is that you will keep talking to them and having their attention over there.
You can actually use this as a replacement of an email whereby you will can promote your products by educating them constantly.
The good news about social media groups is that you do not need to pay anything as they are free to set up and are instant.
I would recommend having a Facebook group and an email marketing system as this will boost your income even more as your campaigns will be leveraged.
Step 5: Stay consistent
The last part in this process of having consist income through affiliate marketing is staying consistent with your writing as well as with your helping of others.
The more you help people the more your website will grow into a consistent six or seven figure business over time.
The hardest part for Most people is staying consist with what they are doing and this is because of many reasons like:
- Doing a website in a niche they are not really passionate about.
- Not knowing the proper methods to stay consistent.
- being distracted and not providing value to their customers.
If you stay consistent with what I have laid out on this post I am sure you will see results soon or later.
Final thoughts
Everyone wants to earn a recurring income with affiliate marketing however not everyone knows how to do this.
The irony is that it is very simple if you understand that it requires a few fundamentals such as the following:
- Creating a website
- Creating content
- Having an email marketing system
- Creating a social media group
The most important items are having an email marketing system and creating a social media group and creating content.
All of these are all you need to have consistent income as an affiliate marketer because you will not only be helping people but you will also be having clients (not just customers) forever.
This will make your job easier when you want to promote products every time.
I hope this article was helpful and I hope you benefited a lot from it. If you have any question or comments to add you are more than welcome to leave them below.