Author: Nerdy Walsh
Making money doesn’t have to be from hard or full-time work, you can sort some bills with passive income too. Passive Income is a side hustle that allows you to earn money without full commitment. Good news! The internet has blessed us with a couple of them. They include:
- Affiliate Marketing
- Course Creation
- App Creation
Today, we’ll be discussing how you can start and make passive income with affiliate marketing.
Affiliate marketing is a business model whereby you earn commission by selling other people’s products or services. The beautiful thing about affiliate marketing is the fact that it is widely practiced by almost every top company in America. Such as Amazon, Shopify, Uber, FabFitFun, etc.
How to Start an Affiliate Marketing Business
Step 1: Find a Niche
There are so many products and services you can promote using the affiliate marketing model. However, it is recommended to focus on a niche. Some of the most lucrative niches in affiliate marketing are health, fitness, gaming, food, and pets.
Platforms like ShareASale, ClickBank, and Amazon Associates, are great for affiliate marketing beginners.
Step 2: Create a Website or a Blog For your Niche
To make money with affiliate marketing, you need an internet presence (blog or website). When it comes to building your blog/website, there are tons of options such as WordPress, Wix, HubSpot, Joomla, etc. However, we recommend using WordPress because it consists of numerous features you need to create a stunning, responsive, and SEO Optimized website.
If you are not vast in website development, you can hire a professional on freelancing websites like Kwork, Fiverr, or Upwork.
Step 3: Create Content
To become a successful affiliate marketer, you must be willing to provide content that adds value to your target audience. Most people create a random post, then insert their affiliate link to make quick money. Sadly, this might yield no result whatsoever.
Before you start promoting to your audience via your, ensure you provide them with good content. This will not only help you to build trust but let your audience see your platform as an authority, most especially when it comes to decision making.
Step 4: Promote Your Offer
It’s time to make some moolah! This is the stage where you can add affiliate links to your content. For instance, If you run a beauty blog, and you wrote an article about “how to get rid of wrinkles”, you can recommend collagen products on Amazon to your audience. The recommendation link (affiliate link) will direct readers to the product page and you will get a commission if they eventually buy.
Affiliate marketing gives freedom to make money even while you are asleep. Aside from that, you can work from your comfort zone without affecting your productivity. To become a pro and successful affiliate marketer, follow the steps listed above and you will be on your journey to making passive income in no time.