Not only can you earn a six-figure income from affiliate marketing, but it has many other benefits too.
Affiliate marketing has many benefits if you want to start an online business or just make some extra money.
With 34% of publishers earning from affiliate marketing with a small audience. This business model is viable for anyone to start and make money from even without an audience.
But what about the other benefits to affiliate marketing apart from not needing to be an influencer with a million followers?
Check out how to do affiliate marketing on Instagram – which is my favourite social media platform to make big bucks as an affiliate.
Here are the biggest advantages of this exciting method to make money online.
4 Benefits Of Affiliate Marketing You Didn’t Know
Don’t Need Your Own Products Or Services
Use people’s existing products that already have proven to sell, promote them to your network, and make commissions from the sale.
Affiliate marketing is just simply this, you’re promoting other people’s products.
There’s no need to create your own product to make money.
Leverage other people’s products to make money online.
This is why affiliate marketing is a fast method to make money and makes the number one benefit.
On the other hand if you were to build and sell your own product, it’s a slow process.
A slow process consisting of:
- Developing an idea
- Validating the idea
- Marketing the product
All of this is a costly and timely exercise.
Unless you’ve got the time and resources to truly go into creating a unique product that the market wants, affiliate marketing is a suitable alternative for you.
No Refunds Or Angry Customers To Deal With
With affiliate marketing, you don’t need to deal with
- Customer services
Each of these things is for the company to deal with. It’s not your problem which is why it’s a great benefit being an affiliate marketer.
This really though is why you need to make sure that the company and product is a good product that you want to be actively promoting.
Get to really know the company and its product well. So well that you can answer any initial questions when driving traffic.
However, you drive traffic.
Drive traffic through social media, blogging, or YouTube, you should be answering questions. Questions that people have about the product.
With blogging and YouTube especially, you want to be adding into your content the answers to questions people have.
For example, if you’re doing a blog on a weight loss product, you want to be adding sections where you answer common questions people have in relation to the product.
For social media, create posts that answer questions. Or when you do a post introducing a new product you’re using do this one thing.
Respond to all comments in the post and when people are asking questions or for further information, give them the answers about the product.
Remember it’s social media, so socialize.
You wouldn’t ignore someone in real life who asked you a question. Well unless it was a very rude question.
Don’t forget to check out how to do affiliate marketing on Instagram – which is my favourite social media platform to make big bucks as an affiliate.
It’s A Completely Passive Income Stream
Setting up a blog, YouTube channel, or social media account and you can be driving traffic 24/7 to your affiliate links.
Once you put out a piece of content onto the Internet, this can be consumed at any time.
The blogs created on Freelancer Lifestyle at the beginning are still being found for the first time every day.
Tweets I posted months ago still get comments today.
Just put out content that resonates with your audience and you’ll be driving traffic to your blog or YouTube channel.
Unlike a job, you’re limited to what you can make when you’re paid by the hour
Or if you’re a freelancer, you’re limited because you can only work with so many clients and do so many hours or projects.
With affiliate marketing, you can be making an unlimited amount of sales each day. No one is limiting you to the amount you can make.
Unlimited income is definitely another reason why there are so many benefits to affiliate marketing.
You don’t have to stick to just one product either. You can promote various different products and niches throughout the year.
Dedicate each traffic method to an affiliate offer and maximise your earnings potential.
You can have several blogs or YouTube channels that are targeting different niches.
With social media, you can use each platform to target a different website you’ve set up. There’s absolutely no rule saying you can only have one niche or just one product to make money from.
But before you start setting up tons of different channels and niches do this one thing first. Set up one channel to make money as an affiliate in a specific niche, and get success in it. Then you can go ahead and choose a different niche.
There are many successful content creators out there who have built websites and YouTube channels in lots of different niches. But what they do have is a team behind them and a system that helps them be successful.
In A Nutshell,
You don’t need to have money to start affiliate marketing. All you need to start affiliate marketing is a blog, YouTube channel, or social media account to get started.
These are clearly the biggest benefits of why you should be starting an affiliate marketing business. Start today for free and start making money.