What is affiliate marketing?
What Affiliate marketing isn’t
First off let’s talk about what affiliate marketing isn’t. Affiliate marketing isn’t a get rich scheme, it’s not a mean to solve all your financial problems in a short period of time. Affiliate marketing is an alternative career option opposed to the traditional stagnant 9-5 pm work week. So what is affiliate marketing? Affiliate marketing is the opportunity to earn passive income in order to create the freedom, choice, and the opportunity to live the life YOU want.
How does affiliate marketing work?
Unlike traditional start-up companies affiliate marketing doesn’t require expensive financial start-up costs. That is the advantage that affiliate marketing offers over the traditional sales method where you would have to first purchase the product in bulk and hope you can sell and make a profit. Now the way it works is you have a digital platform such as a website, Youtube or Twitter account and you review or inform your viewers about different products or services.
How to make money using affiliate marketing
Ok, now that you know the process of how affiliate marketing works you can move onto the next step! That is how EXACTLY do I earn money affiliate marketing?! Unfortunately, there is no ONE SIZE FITS ALL answer to this. However, it all starts with a niche. Now what is a niche? A niche is a specialized area that you are interested and knowledgeable in.
For example: If you like to build desktops and love to keep up to date with the latest technology then a profitable niche would be would be to review different parts of a desktop and compare different companies that manufacture these parts.
NOW, I want to emphasize why I said desktops instead of computers. The reason being is because if you are too broad in what you want to promote then the greater risk of there being increased competition and less market share if you are just starting out. Being a specialist allows you the opportunity to connect to a specific customer base so you can have greater market penetration. This in turn creates rapport and in turn will lead to increased traffic to your platform. Doing this YOU will become an online authority in your field, meaning people will automatically turn to you for advice and it will be easier to promote your product or service.
I mean you wouldn’t want just any old doctor performing heart surgery on you now would you? The answer is NO!!! You would want a heart surgeon to operate on you because they have the knowledge and expertise that the generalist DOESN’T HAVE. Just like the heart surgeon you must have the right tools and expertise for the job.
Affiliate marketing isn’t a get rich scheme, it’s an investment where you are guaranteed to get a return on as long as you put the time and effort into your platform. Knowing the affiliate marketing process will help you to determine if this is the right path for you. From starting out as a side project or turning it into a career, it is all on you. That is right, YOU are responsible for your own success, not anyone else. So if you are ready for the opportunity to make a six figure income and are willing to work hard then check us out at wealthy affiliates, the number one affiliate program guaranteed to give you the tools you need to succeed.