Ever wonder if there’s a way to spend your days talking, writing, and discussing a topic you’re passionate about and make money doing it? Imagine being able to spend your days talking about your favorite soap opera, car, sport, hobby or interest and actually make passive income. If so, let me introduce you to Affiliate Marketing.
But first, let’s talk about Passive Income
Passive income is income that comes to you passively, without a hard sell. For example, if you knock on someone’s door and say, “Hey, wanna buy…” that’s not passive income. You’re asking for the sale. However, if you email them an informative article and they click on a link in that article and make a purchase, that’s passive income.
It’s defined as “An income received on a regular basis, with little effort required to maintain it.”
Using the example above, if you email that article to 1000 people, they forward it to friends, family and associates, one article with a few links could generate a lot of passive income.
What is Affiliate Marketing?
Affiliate marketing is an internet business model where entrepreneurs make passive income promoting products. They earn a commission for each sale they influence. Sales and click throughs are tracked with unique affiliate links.
Generally, affiliate marketers make their money by creating content in the form of:
- Autoresponder courses
- Online courses
- Social networking posts
- Blog posts
They include links to relevant affiliate products or services in their content. Readers or visitors click through and make a purchase. The affiliate marketer gets a commission on that sale. Content is generally considered the single most important tool an affiliate marketer has to make a passive income.
The Ideal Lifestyle?
As an affiliate marketer the goal is to find a topic you’re excited to spend your time writing and talking about. In addition to content, you can also get involved in your community, participate in social networking, blog, guest blog and make sure you’re noticed.
As an affiliate marketer you’ll need a website or blog, passion for your topic, and a means for communicating with your audience. You’ll also want to have a few quality products or services to promote. Once you’ve set up your affiliate business, it is passive income. Create content, link to your relevant products or services, and make commissions.
Affiliate marketing is another passive way to make a living. Take the time to set your business up using affiliate marketing the right way can reap many benefits beyond the typical internet marketing income and exposure.