Jerry is a young aspiring Internet Entrepreneur who started his online business at the age of 18. He is currently a Full-time Affiliate Marketer at Wealthy Affiliate, a community to help anyone start their own online business without prior experience. He actually achieved Financial Independence at the young age of 21. Read more about his story here!
The advantages of the affiliate marketing business model for the affiliate are quite obvious to anyone. Having the opportunity to effectively ‘sell stock’ without having any of the costs or responsibilities of manufacturing, buying or storing it is very liberating. In addition to this, when working with a high-paying network like MoreNiche, the profit potential is enormous.
Hey Cliff, building a successful, informative blog is a whole (massive) topic to tackle in itself 🙂 My tips here are more meant for beginner/intermediate bloggers who are seeking to monetize their existing blogs through affiliate marketing. if you’re looking for blogging advice though, there’s plenty on the Blogging section of my site here: https://happytowander.com/category/blogging/ Hope that helps!
I built several small sites that only sell ‘small’ items for sale on Amazon. Typically $4/$5 an item, and items that are usually bought in bulk. Painting supplies, for instance. I then take out a small Facebook ad at the start of the month promoting that site. Usually 2 or 3 orders of multiple products is enough to send my commision percentage up, then it’ll stay that way until the end of the month. Hope that helps someone. 🙂
Guest blogging is a two-way street. In addition to posting content to other blogs, invite people in your niche to blog on your own site. They’re likely to share and link to their guest article, which could bring new readers to your site. Just be sure that you only post high-quality, original content without spammy links, because Google is cracking way down on low-quality guest blogging.
Getting free website traffic may not cost you monetarily, but it will require effort on your part. However, the effort you put in will equate to the quality of the traffic you generate. As mentioned above, there is no point in getting more traffic to your website if those visitors are not likely to engage with your pages, convert into leads, or become customers.
Now here’s the tricky bit: let’s say you’re part of the Amazon.com program (for the US) and you generate an affiliate link for Amazon.com. If I, a polite little Canadian, skates over to your site and decides to buy a giant jug of maple syrup from your link, you won’t get any commission if I end up buying from Amazon.ca. You will only earn commissions from Amazon.COM.
Instead, go with a self-hosted site (like my blog here is)—this means your blog will be hosted on your own server and you’ll have full control over it. There are tons of highly reputable, affordable companies you can choose a web hosting plan with to get your website online, like Bluehost, A2 Hosting, Dreamhost or one of these monthly web hosting services.
While it often takes a significant amount of time and hard work to build up your affiliate income, if you have the ability to regularly publish high quality content that drives in targeted traffic to your website, this online revenue source can become quite substantial. Follow along with my experiment growing a new blog, called SmartWP about WordPress, into an additional revenue stream for my business.
Ooh that makes sense! Yeah, surname would probably be a big one. I’ve also heard that they keep tabs on any old addresses you’ve registered and if the address is the same as someone buying from you, then that doesn’t count either. I can’t imagine they’d be able to know who ALL your friends are, but a good thing to be mindful of! When I first started I thought, hey, why not just make a FB post and tell everyone to buy off me? haha then I realized maybe it’s not that simple.
But don’t make the mistake of thinking this will be a passive source of income—you’re on call whenever you have a guest and you’ll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, consider offering your guests paid add-ons, like Lauren Gheysens’, Royal Day Out in London, England—where she gives visitors a local’s only tour of the city, complete with bespoke 18th century costumes.
My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and grow my blog to over 400,000 monthly readers and $50,000/mo in side income.
Influencers: Government Contracting Officers, Other GovCon (Government Contracting) consultants, Sellers of professional services for small businesses (certain CPAs, bonding companies, financial institutions, contract attorneys), large contracting firms (who need to hire small business subcontractors), Union/trade organizations, Construction and Engineering trade publications
Getting traffic from Google is SO. FREAKING. EASY! (3 steps for 2019)