Can I Really Work From Home and Earn Money With Affiliate Marketing? That’s a question I get constantly.
It has been a while since I last posted. Lots of stuff has happened and I have been distracted by other things including personal issues. No need to get into the details but here I am and ready to refocus.
With all the new buzz about AI I wanted to do a sort of update on the affiliate marketing industry and what is possible in terms of income for anyone looking to work from home or to start an online business.
The Answer to the Question on Affiliate Marketing
Yes, affiliate marketing can be a viable option to make money from home. As a working definition we can state that affiliate marketing is a performance-based marketing model where you promote products and/or services and receive a commission for each sale or action made through your unique affiliate link.
But as technology, tools and resources have developed the world of affiliate marketing has changed along with those developments in the industry. For example, many people started years ago by setting up blogs and placing an Amazon link, as well as other links, hoping to make “affiliate” commissions.
But the affiliate marketing arena encompasses so much more today than let’s say 10, 15 or 20 years ago. Just to mention a few options under the banner of affiliate marketing, one can speak of YouTube and other social media “channels’ as outlets through which marketers promote their offers. Along with that there are other methods and strategies employed by online marketers to generate income. These include CPA offers, ebooks, software and the current rise of AI as a tool.
Other People’s Products
As an affiliate marketer, you don’t need to create your own products or services. While many affiliate marketers do eventually create their own products and utilize platforms such as Clickbank, Warrior+ or JVZoo to ‘sign’ up affiliates to promote their products, services and programs the majority are content to promote the products of others. The affiliate marketer that takes the basic approach can do quite well and they may not see the need to create content of their own.
Of course, it takes a lot of time, effort and it some cases money to create quality products. The days of hastily produced ebooks are gone forever. In fact it’s hard to even give away an ebook these days.
One of the distinct advantages to becoming an affiliate of other people’s products is the fact that there is no need to deal with customer service, or handle the logistics of product delivery. Instead, you can focus on promoting products that you believe in and earning a commission for every sale you refer. And many affiliates focus solely on digital products using some of the aforementioned platforms.
Affiliate Marketing Is All About Marketing
If anyone seeking to make money from home using affiliate marketing thinks this is an easy road to riches, they should think again. It is critically important to note that affiliate marketing requires time, effort and money to be successful. But compared to other businesses affiliate marketing involves much smaller investments of money, time and work.
If the affiliate marketer is a newbie then they will need to be patient. The affiliate will need to spend a lot of time and effort initially building a following, a brand if you will, creating content, and promoting products effectively.
It’s also very important to choose the right products to promote and build a relationship of trust with your audience. Many marketers just ‘grab’ a product that has a decent conversion rate and promotes the heck out of it. And without doing any due diligence or even purchasing the product themselves they go full blast with their marketing. But in some cases the product may end up with a high refund rate and is actually a low quality product. They marketer then hurts their brand and reputation having lost the confidence of many customers.
The keys to successful affiliate marketing consists of finding and promoting good quality products and services, building and protecting a brand and learning to effectively market online. A marketer can have the greatest product available but if they cannot market it effectively they will not see much success.
Overall, affiliate marketing can be a great way to earn money from home, but make no mistake it requires hard work and perseverance to be successful. There is a significant learning curve if the marketer is new to the industry. Look out for more articles on affiliate marketing because some of our postings are somewhat out of date when taking into consideration the advances of technology, tools and resources available for online marketers.
Disclosure: This article contains affiliate links, which means we may receive a commission on any sales of products or services we write about.