10 Reasons to Start Affiliate Marketing | Sue Foster - Wellness, Lifestyle and Personal Finance (2024)

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10 Reasons to Start Affiliate Marketing | Sue Foster - Wellness, Lifestyle and Personal Finance (1)

There are so many wonderful advantages to
giving affiliate marketing a try. Here are just a few perks you can expect…

Affiliate Marketing Is Flexible

Affiliate marketing is flexible, you can schedule blog posts, Facebook videos, and even emails with affiliate links days or weeks in advance.

Unlike other forms of online work, affiliate marketing gives you plenty of control. You can choose when you’ll work and when you’ll play. This means if you have an unusual schedule, want to travel, or care for sick family members, you have the freedom you need to live life on your terms.

10 Reasons to Start Affiliate Marketing | Sue Foster - Wellness, Lifestyle and Personal Finance (2)

No Big Following Required

Some people mistakenly believe that you
should wait until you build a huge audience before you try affiliate marketing.
But the truth is that you want to be exposing your followers to offer (e.g.
affiliate products and services) right from the beginning.

Affiliate Marketing Is Newbie Friendly

Some online jobs require extensive
knowledge about a particular subject or expertise in the form of technical
skills. This can be intimidating to newbies who are just learning to navigate
the online business world.

Fortunately, affiliate marketing is very newbie-friendly. If you know how to copy and paste, you can learn how to become an affiliate marketer.

No Huge Up-Front Investments

You don’t have to spend hundreds or even thousands of pounds when you get into affiliate marketing. All you really need is a web presence and a willingness to learn.

Hosting a WordPress blog only costs a few pounds a month and can be set up fairly quickly. It’s a great way to earn extra income that doesn’t involve a big inflow of cash.

10 Reasons to Start Affiliate Marketing | Sue Foster - Wellness, Lifestyle and Personal Finance (3)

Get Started As An Affiliate Marketer

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Learn What Your Audience Wants

It can be tempting to want to start creating your own products when starting online. While product creation can certainly be lucrative, most newbie business owners don’t know enough about what their audience wants to create a truly profitable product.

But with affiliate marketing, someone else has already done the hard work. A product creator has researched, created, and launched a cool offering. All you need to do is share that product with your audience.

Affiliate Marketing Is Lucrative

Smart business owners understand that it can take months or even years after starting a business to see a profit. But that isn’t the case with affiliate marketing. Depending on the network you sign up with, you may start getting paid in as little as a week once you make your first commission.

Develop Relationships with Product Creators

Even more lucrative than the commissions can be the relationships you develop with product creators.

Product creators notice affiliates who promote hard and consistently generate commissions. They are often open to working with these affiliates in other situations because they recognize their value.

Affiliate Marketing Is Recurring Income

As well as adding affiliate links to your blog posts, you can put affiliate recommendations in your autoresponder series, and underneath your YouTube videos if you create these.

As a result, you can consistently earn affiliate commissions that continue to come in even years after you do the work. In fact, a lot of affiliate marketers make more than enough to comfortably support their families.

You may think of affiliate marketing as something you do once – for example, by publishing a blog post about a new product or mentioning it on social media. But your old posts and tweets and pins can continue to generate revenue for months or even years to come.

10 Reasons to Start Affiliate Marketing | Sue Foster - Wellness, Lifestyle and Personal Finance (4)

Your Risk Is Low

Some business ventures are very risky. If you make the wrong move with your brick-and-mortar store, you could lose your entire business and depending on how you financed it, you could also lose your home or other assets.

By contrast, affiliate marketing is a very low-risk business. You share some links online and if no one makes a purchase, then you haven’t lost much except for the time you invested in your promotional efforts.

Even then, a smart product creator can look over your failed attempts and tell you why it went wrong. This can lead to a wonderful growth opportunity if you’re willing to learn.

No Wrestling with Creation

Many brands and product creators offer
something called “swipe content”. These are pre-written emails, blog posts, and
social media updates. You can use this content to promote the affiliate
product. All you have to do is customize the content for your audience and add
your unique affiliate link.

Of course, not every brand has “swipe” content available. However, that doesn’t mean you have to be left to struggle on your own.

You can always reach out to the original product creator and ask for a promotional opportunity. The product creator might be open to an interview, guest post, or another form of collaboration that doesn’t require you to spend hours creating more content.

The Sky’s the Limit!

The more you become comfortable with
affiliate marketing and as you begin seeing positive results, you can expect
more brands and product creators to approach you. This means instead of having
to spend your time researching and vetting every single product, opportunities
will come to you.

Affiliate marketing can be a fun and simple way to start earning money online. You can start affiliate marketing right now even if you have absolutely no experience. All you need is a willingness to learn and a good work ethic!

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10 Reasons to Start Affiliate Marketing | Sue Foster - Wellness, Lifestyle and Personal Finance (2024)

FAQs

What are the 3 pillars of affiliate marketing? ›

The three main components of affiliate marketing are the merchant or advertiser, the affiliate or publisher, and the customer.

Why you really need a affiliate marketing? ›

Since most of your marketing activities are done by affiliates, they'll also bear the chunk of the cost attached. And since it's a commission-based program, it means you'll only pay affiliates for sales they bring in. This marketing model makes costs easy to manage and does not interrupt your cash flow.

How do affiliate marketers get paid? ›

Affiliates earn money primarily through commissions. By promoting products or services and driving leads or sales for the merchant. For example, if you promote a book on your blog and a reader clicks through and buys the book, you earn a commission from the sale. Affiliate marketing is popular because it's a win-win.

What makes a successful affiliate program? ›

Convert more customers (customers trust authority figures and their recommendations). Reliably track the ROI of word-of-mouth marketing and different promotional channels. Effectively target specific customer groups and segments. Grow your business without risk (you only pay an affiliate when they generate sales).

What is affiliate marketing tactics? ›

Affiliate marketing is the process by which an affiliate earns a commission for marketing another person's or company's products. The affiliate simply searches for a product they enjoy, then promotes that product and earns a piece of the profit from each sale they make.

What is the best affiliate program for beginners without a website? ›

Platforms like Amazon Associates, ClickBank, ShareASale, CJ Affiliate, and Rakuten offer great opportunities for beginners. Social media, email marketing, and video content creation are effective ways to promote affiliate products.

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