Created By: T.B Laine the Marketing Affiliate

Published : November 11, 2023

       Ever wondered how millionaires are able to maintain their financial status?  How are they able to afford their lavish lifestyle? The answer is quite simple, most millionaires do not have just one income source.  In fact millionaires, on average, have generated revenue from seven income streams.  Such sources of income are not restricted to real estate investments, business ventures , mentoring  programs etc. Another source  of income that millionaires profit from is passive income. Passive income is income that comes in as you are sound asleep and it isn't confining as a 9-5 job. Well you may wonder how is acquiring passive revenue possible? Well it is possible thanks to affiliate marketing.

What is Affiliate Marketing?

      Affiliate marketing is an online process in which a seller rewards an affiliate in commissions for generating sales from advertising their product. Affiliate marketing is so lucrative that billions of dollars in sales are generated each year and so many people are becoming more involved. Since it is a form of e-commerce or digital marketing , buying is all done digitally on the internet and so ideally  the affiliate does not have to deal with the hassle of shipping products. 

How Does Affiliate Marketing Work?

      The affiliate promotes the product  primarily through social media and this directs the customers on to the company’s website to purchase the advertised product. Once the purchase is made, the company processes the transaction and a share of the profits goes to the affiliate. Commissions can range anywhere from 60 to 100 percent. The great part of the partnership is that recurring sales resulting from the affiliate’s promoting efforts usually leads to increasing  commissions.

Why Should You Become A Marketing Affiliate ?

Work From Home Opportunity 

      This opportunity permits you to work from the comfort of your home. Just imagine being free from having to work in a hostile environment and for a boss that does not care about you. . With affiliate marketing you are not only free from Perhaps, you are even free to choose your own work schedule .You don't need to answer any customer service calls or participate in any video conference calls like other conventional work from home jobs. Since you are responsible for your own schedule you don't need to stress over being called into work. Those that are jobless or are simply hoping to create an additional type of revenue on the side can benefit from this opportunity .

Flexible Hours

      The job is flexible in its hours. You can work as much hours as you choose to. Whether you choose to work 10 hours a week or more it is solely up to you. ThereIdeally, affiliate marketing is suitable for college students that are busy with their studies or even parents who are just looking to have an extra stream of income. 

Companies Always Need Advertisements For Their Products

     Companies are always seeking ways to get their product out to the consumer. Therefore, the internet provides a platform to do so. Approximately over a 100 billion dollars is spent on advertisements each year by companies because they understand the influence the internet has on business revenue. Since the companies value the advertising of their products, you will always have a  job in promoting and you won’t have to worry about the fear of being laid off.

Rewarding Commissions 

       Commissions are based on performance. With the bulk of business occurring on the internet, more sales can take place since there is a bigger audience than at a physical store. Affiliate commissions tend to be recurring because while getting paid you are essentially helping the business. 

You Are Your Own Boss

        Furthermore, you are the sole proprietor to your earnings . As a sole proprietor , this makes you the boss of your own company.The best part is that your earnings are tax free so you do not have to worry about being cut short from your total earnings. 

  What Platforms Do Affiliates Use to Advertise Their Products?

• Blogs

• YouTube

• Instagram 

• Website

• Facebook

What is Clickbank and How Does it Pay Marketing Affiliates ?

        Clickbank is a marketing affiliate company that tracks the payouts for the affiliates through Clickbank you can create an account and a nickname for your affiliate link. Your payment options vary from getting your checks mailed to you or having it sent to you through your bank account via direct deposit. 

What  Should Every Market Affiliate Do To Increase Their Chances of Generating Revenue ? 

Find A Niche

   Finding a niche is just narrowing down the products you decide to advertise to a specific category. A good approach would be to start in areas that you have knowledge in or have a passion for. If you have a passion for fitness, you may want to advertise products that are for weight loss. Having a niche allows you to identify your target audience which then helps you to find ways to sell the product on your platform. One thing to keep in mind is that each niche has its own level of competition and market demands.

Track Your Performance

      To keep track of your affiliate marketing progress, use tracking software. Google Analytics is a good tracking software that can be used to monitor your website's traffic. Monitoring the website's traffic is important because it allows you to see the rate between clicks and actual sales . From the conversion information you can decide the type of ad compaign that is more effective. 

Stick it out

       You may not start accruing profits right away but you should still stick it out. Taking  it a day at a time is the best approach . Always seek to to try out different products and or niches to see which ones work best. Always remember , you may have to lose money in order to make money.

Closing Remark

    What are you waiting for? Become a marketing affiliate today!!!

#workfromhomeopportunity, #becomeyourownboss, #passiveincome

Click the Links Below To Learn More About Affiliate Marketing 

1.  Affiliate Marketing Crash Course 2024 

2.  Affiliate Marketing For Dummies

3.  Affiliate Marketing For Beginners 2023