Affiliate marketing is a powerful strategy to obtain traction on the web and start creating an income. But is it something you can pursue as a career? Yes, it can be a career! The revenue potential for affiliate marketing is practically endless and limited only by your audience’s size in your niche. However, it is not all too easy when you don’t have an audience. It takes considerable effort to build up a trusted one.
The strategy I use is to build up my audience organically and then suggest products. In doing this, you will have an audience who trusts in you and will likely purchase anything you recommend as an affiliate. You need to realize that it requires consistent effort to earn full time in affiliate marketing. Super affiliates are affiliate marketers who make more than 99% of other affiliates using a specific affiliate program. The key is to focus on a few affiliate programs, about 1-5, and commit years of hard work to master them, enabling you to provide value to your audience. When you have done this, it’s what makes the vast difference between generating a full-time income and earning not more than a few hundred dollars.
Why is Affiliate Marketing Popular?
The undeniable reason is freedom! Most people want to spend their time on things they are passionate about, like traveling, doing a hobby, supporting philanthropic activities, and so on. Some spend their time differently – some like working at night instead of during the day. You are basically in control of your schedule and work environment.
When you do affiliate marketing, you don’t have to deal with the stress of maintaining storage for your products or dealing with clients, suppliers, and even the processing of payments. All that is required in affiliate marketing is to choose a product and promote it on various channels. You have full control over how you do things that most people hope to achieve in their careers.
How Good Is It for a Career?
Affiliate marketing is an excellent option to earn passive income full time. It takes only little maintenance in case a company changes its platform. But the issue is that you have no control over the product. This means that the company can cut your commission anytime without warning. A perfect example of this was when Amazon slashed more than 50% of the commissions in all product categories last April 21, 2020. If you got affiliate marketing as your only source of income, you are in big trouble.
Because of this, I highly encourage that you build your audience, initially monetize them through affiliate marketing, and then gain expertise, in the end, to sell digital and physical products to them. Bear in mind that the more you broaden and diversify your revenue streams, the far more you can confidently scale your business and invest in workers.
Typical Issues When Attempting to Achieve Success with Affiliate Marketing
- How much money can an affiliate marketer make?
An affiliate marketer can make over $100 per day. If you become a super affiliate, you can earn up from $1,000 to $ 10,000 per day and more.
- Is it still profitable?
For anyone who has a solid audience, affiliate marketing is profitable. All you have to do is recommend a product with your affiliate link by creating quality content about the product you are promoting. The commission you get is almost pure profit.
- What should you do to become an affiliate marketer?
If you have built a trusted and loyal audience, the next step is to become an affiliate marketer by signing for affiliate programs within your niche. Then share your affiliate link with your audience and get a commission whenever someone buys the product.
- How much time does it take to earn a full-time income?
You have to think about several factors before you can begin earning income full time via affiliate marketing. Below are some of those:
- Learning curve. The learning process takes about six months to a year, depending on how much of your time and resources you are willing to invest, i.e., landing page creation, web design, and web development. etc.
- Mastering your method. The key is to stick to one method, master it, and when you have gained expertise, you can decide if you want other ways to learn and master.
- Time and Cost. The more you move forward and earn with affiliate marketing, you will discover that it would require considerable time and money to rise to the point where you can start building a career around it.
- Technical skills. An affiliate marketer inevitably learns basic technical knowledge. Though you can outsource technical tasks such as building your site, developing landing pages, and so on, having a sound understanding of programming will give you an edge.
- Analytical skills. If you can understand your audience through numbers, you can quickly evaluate and assess your program areas where you need to improve. Click through rates, conversion rates, earnings per click are just some of the things that an affiliate needs to read and fully understand to make the right decisions.
It doesn’t matter what you’re doing today for a living. If you would like to shift your career to affiliate marketing, it’s advisable to build your own online business first. For starters, having your company means you are your own boss. No employer will dictate how much compensation you get, or what time you need to go for a lunch break, or how long your vacations are. Above all, having your business is both rewarding and fun. You get to determine what products you wish to market and the way to market them. You’re always in total control of your affiliate marketing career.
Affiliate marketing is increasingly drawing in more people. The explanation is that it is a really low barrier to start, and you can create your first affiliate sale fairly quickly. The primary thing you have to bear in mind is that to generate a sizable income with affiliate marketing, you have to be ready to invest a lot of effort in the long term while concentrating only on a few affiliate programs, which you think are likely to succeed.
