Is it Easy to Make Money with Affiliate Marketing

December 31, 2022 0 Comments

 

is making money with affiliate marketing easy

 

In this short article, we will talk about such an important topic as: Is it easy to make money with affiliate marketing? Because this question worries and interests many people today.

Many people think that it is very difficult or even impossible, while others think that it is very easy.

Based on my experience, I believe that the truth is somewhere in between. It is not as easy as some believe and not as difficult or impossible as others think.

And of course, as in any business, simple luck is needed in this matter.

I was convinced of this many times over the 8 years during which I have been and continue to be engaged in affiliate marketing. This and many other things I want to talk about in this short article.

 

 

affiliate marketing

 

What is Affiliate Marketing?

Although many people know what affiliate marketing is, I still want to briefly describe what it is first. 

Because some still may not know what it is. In simple terms, understandable to everyone, affiliate marketing is an approach to promoting goods and services, in which the advertiser pays only for a specific result (the number of paid orders, for example). 

Or in other words, it is a process when a business turns to partners (affiliates) for help to sell their products or services in exchange for a fee. 

Typically, companies encourage affiliates to promote their product by giving them a percentage of the sales coming from their personal affiliate link, just like in other reward programs.

 

 

hard part of affiliate marketing

 

The Hard Part of Affiliate Marketing

Let’s now talk about the hard part of affiliate marketing. The hard part of affiliate marketing can be summed up in the following list of problems:

  • Income is not guaranteed
  • Income is not stable
  • Income can be very low
  • Traffic is not guaranteed
  • Traffic is not stable
  • Affiliate sign up can be a big pain
  • Success can be a result of many failures prior to your success
  • Success requires 12-24 months of hard work
  • Receiving payment can be a pain
  • Your favorite program can stop its affiliate program
  • Your favorite program can reduce affiliate commissions
  • Your YouTube channel can get shut down
  • Traffic is not always equal to sales
  • You can lose your business in one day
  • Hackers can destroy your website
  • You can lose a lot of money online
  • Your affiliate account can be canceled at any time by the merchant

You can read more about all these points in this article that I recently published on my website.

In short, the main difficulty of affiliate marketing is that you need to take the right preliminary steps, such as choosing the right niche.

Niche is a relatively small area of the market free from competitors, in our case, internet commerce.

This is a good product or service that is in high enough demand, brings a good profit and at the same time is not sold by too many competitors. 

The fact is that if you choose a niche that is too competitive or unpopular, you can subsequently work without having any chance of success.

Which niches to avoid I have explained in detail in this article. If you choose a wrong niche you will be struggling to get traffic to your website, you will be struggling to find a program that can pay you for your efforts. 

You should also pay attention to the fact that the merchant pays good commissions for the product you are promoting and that the price of the product is not too low.

If the price of a product is too low, $5-$10, then you will have to bring a ton of traffic to your website in order to earn anything. 

Also, if the commissions are too low, for example, 3-5%, as in the case of Amazon, then again, you will have to make a lot of sales and bring a ton of traffic in order to earn at least something.

Next, you need to take affiliate marketing training on a solid platform to learn how to run an online business, how to run it the right way, and how to create quality content for your site in order to get a lot of free traffic from Google. This is the main criteria for your success in affiliate marketing.

Recommended solid platforms to learn affiliate marketing:

Program 1

Program 2

Also, the hard part of affiliate marketing is creating quality content for your site, which I mentioned above.

It is necessary to study the market and competitors in order to know what to write content about and how to write it so that it is relevant and interesting.

Only in this way can we hope to attract traffic from Google. For content creation, 100-200 articles per year, each article should be 2000-5000 words.

It will take 12-18 months to create such content. This is undoubtedly the hardest part of affiliate marketing.

The rest of the points related to the hard part of affiliate marketing are the points listed above and also explained here.

 

 

easy part of affiliate marketing

 

The Easy Part of Affiliate Marketing

  • Freedom
  • Creativity
  • Do what you love
  • Unlimited opportunities
  • Overnight success
  • Passive income
  • Growing industry
  • Most affiliate programs are free to join
  • Low start up costs
  • No previous experience required
  • Financial independence
  • You can be your own boss
  • No customer service or out of stock issues
  • No need to own products
  • Turning your passion and interest into profit
  • Multiple income streams
  • Source of income
  • You can monetize your skills
  • You can make money without selling anything
  • Easy monetization using Youtube
  • No customer support required
  • You can do it part-time

 

These are advantages of affiliate marketing you need to know about before starting your affiliate business.

Knowing this and understanding it will motivate you even more and will help achieve more goals online.

The easy part of affiliate marketing includes the main points, such as the lack of large financial costs to start a business.

In fact, by spending approximately $500 a year on a solid affiliate marketing training, $100 on hosting for your website, and $10 on a domain name for your website, you can build a profitable business that can make you money for years to come.

You don’t have to pay office rent or pay employees or taxes. This is the main advantage of affiliate marketing. Also, you can do affiliate marketing spending only part of your time on it without leaving your main job. 

Many people I know started their affiliate business when they were still working for another company, and some, but not all, managed to quit their main job and become financially independent after 12-24 months of active efforts.

This is undoubtedly a great advantage of affiliate marketing and an easy part of this field because it allows you to become financially independent in a relatively short time without a large monetary investment.

Overnight success is another easy part of affiliate marketing. Let me explain how it can become a reality.

It must be honestly admitted that not everyone succeeds, but still some manage to succeed and it happens unexpectedly.

You start creating content for your website and if one or two pages get into the top of Google search results, then you will start getting massive traffic, which in most cases means a lot of profit.

This can be called overnight success and it happens to some affiliate marketers. Especially, overnight success often happens to youtubers.

Passive income is another easy part of affiliate marketing. Once you manage to get massive traffic and monetize it, it will actually mean the starting point of earning solid money.

After that, you will not have to work as intensively as in the initial period. This certainly does not mean inaction.

But you will be able to continue earning without much effort. Therefore, many often associate affiliate marketing with passive income.

No need to own products in order to run an affiliate business. This is certainly an easy part because it allows you to make money without your own product.

All you need to do is to research the market, find the right product and promote it. Many affiliate programs pay generous commissions to affiliates like you for promoting their products. 

Turning your passion and interest into profit. Turning your passion and interest into profit. This is another one of the benefits of affiliate marketing and is one of the easy parts of it.

This allows you to do what you love and still make good money. This encourages you to achieve even greater results. 

 

 

affiliate marketing lucrative

 

Is Affiliate Marketing Still Lucrative in 2023

Yes, affiliate marketing is still lucrative and it is going to be even more lucrative in the coming years. Affiliate marketing is still profitable and will become even more profitable in the coming years.

Because after the Covid-19 pandemic, many people have lost their businesses or jobs. 

As an alternative, they began to look for ways to make money on the Internet and many have become successful.

Also, due to COVID-19, people began to spend more time at computers or simply order goods and services online. 

This in turn has created a great demand for affiliate marketing.

Therefore, in the coming years, interest in this sphere will only grow, which means affiliate marketing is still lucrative and will remain so. 

 

 

making money with affiliate marketing

 

Is it Easy to Make Money with Affiliate Marketing?

And finally, we come to the main question covered in this article, namely: is it easy to make money with affiliate marketing.

As I said above, making money online with affiliate marketing is not easy, but not as difficult or impossible as some people think.

Some do not believe that you can make good money on the Internet especially because the affiliate marketing niche is saturated.

As with any job or work, you need to have certain knowledge and take the right steps in order to achieve your goals. Without effort and knowledge, it is impossible to achieve anything, and everyone knows it.

Making money with affiliate marketing is basically the same as working in real life. In the same way, knowledge, effort and time are needed.

The difference is that in the case of affiliate marketing, you need to spend a lot of time in front of the computer and stay at home alone.

Some people like this way of life and some don’t. Here you can read about all pros and cons of affiliate marketing

Also, in the case of affiliate marketing, no one pays you for your work. You either earn or you don’t.

But in the case of affiliate marketing, you never know what can happen and one day you can discover that your website or YouTube channel started to get a massive traffic and you will start earning very solid money, which in the case of a 9 to 5 job is impossible. But not everyone is so lucky in affiliate marketing and we have to admit it.

In any case, making money with affiliate marketing is not easy.

But if you are lucky, your business will turn into passive income and you can really live like a boss.

This is a clear benefit of affiliate marketing.

 

 

 

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About the Author:

My name is Adam. I'm the founder of Your Income Advisor. My goal is to help others succeed online, by exposing scams and reviewing top rated products. I can help you start your own business online

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