The Potential Of Affiliate Marketing As A Home Based Business
With more than 15 million Americans now running Home Based Businesses, what are the benefits, if any, to choosing an Affiliate Marketing Program as a part-time Internet Business!
Affiliate Marketing Programs are a great way for anybody to start a home-based Internet business.
They offer a wide range of products and services that can, once you have mastered the skills of driving traffic to your website, make you good money.
Due to its almost unlimited potential, it is now one of the most sought after ways to make extra income quickly. The most common reason that so many people get started in Affiliate Marketing is that by selling other people’s products you save yourself a lot of the headaches that normally go with starting a business.
The number one benefit for most people is there’s no need for you to invent, produce, or stock anything. No need for staff or customer service. All these burdens are taken off your hands by the product or service provider.
All you do is promote their products and services on your website. Your only real concern is how to increase your income.
Number two on my list of benefits for Affiliate Marketing is the great variety of products and services at your disposal.
To help you with your Affiliate Marketing, there are lots of training materials that will help you enhance your Affiliate Marketing capabilities.
The absolute best place to learn “the trade” would be exactly where I started. Wealthy Affiliate. And spoiler alert, I am still a member so if you did join you would see me in there and I can help you!
WA is so much more than a learning platform, it will also include all of your website hosting on a premium server along with weekly training lessons from experts and millionaires within the program. The community is fantastic and super helpful and it’s free to join too.
Due to a large number of products and services that are out there in the market place, it is advisable to choose products and services that interest you.
This will help you to effectively advertise and promote these products or services.
Do not select products that you do not know or are not familiar with.
The main reason I say this is because your interest and passion for a product or service will prompt you to be creative.
The most popular benefit of Affiliate Marketing is the small matter of being able to earn money while you do other things like go shopping or while you are sleeping. We all like the idea of making money from doing nothing.
Is it really that easy?
Well, the answer to that question is Yes and NO. For you to earn a lot of money, you MUST drive traffic from your website to the providers and this is easier said than done.
The most common reason for failure is putting up a website with nothing but Affiliate Links.
Let’s think about this.
Why would anyone come to your website?
How would they find your website?
The most popular sites on the Internet are those with content, things people can read.
What do we really use the Internet for? Research!
On the Internet today, CONTENT IS KING and with so many subjects to talk about, it should be easy to fill your website with content that people will want to read.
Choosing subjects that interest you will help you keep the site interesting. You can always tell when someone has a real passion for the subject they are talking about.
Not everyone will agree with your point of view and that’s OK too. Anything that keeps them coming to your website will help you make sales from the products and services you promote.
So it’s time to really look at some facts and then you can decide whether you are in it for the long game!
I recently asked a few of my clients what they thought about starting an affiliate business and they all came back to me with very similar answers. It’s not a great rich quick scheme.
You can and will make money, it takes effort and time.
And I was asked recently if I started affiliate marketing today, How long is it going to take me to start making money?
And so this is a great question.
And a really important one, because most people that get into affiliate marketing, go into it with the wrong expectations.
And this, of course, leads to failure because people aren’t succeeding as quickly as they thought they would. And so they give up thinking they’re doing something wrong and never made $1 online.
That’s the vast majority of people that get into affiliate marketing, really don’t ever make any money at all, because they never even make it to that point.
So I’m going to give you the no-BS answer.
And the no BS answer really is this is gonna take about six to 12 months minimum, it could take a little bit more, once in a great while there is somebody that just gets lucky.
And they happen to fall into the right niche at the right time. And they might start making money a little bit sooner than that.
But just to give you an idea, I have about a dozen different affiliate marketing websites out there right now. And anytime I launch a new site, I plan on taking a year before it makes any money.
So when you’re first starting out, it’s going to be really overwhelming, you’re going to have to learn how to use WordPress or some other website building platform, you’re going to have to learn about keyword research, search engine optimization, maybe some of these phrases I’m using don’t even make sense to you now.
As long as you get started and you start learning and you do a little bit every day to grow your business, you will end up succeeding in the long run.
Now, it’s not going to be this week, it’s not going to be this month, it’s not going to be in a few months, it’s going to be in like six to 12 months, okay, probably more like 12 months.
So when you’re first starting out, focus on building a great website, get as many posts or pages up as you can.
And really just try to learn as much as possible. And as you start progressing, things are going to get easier for you.
And after about a year, hopefully, you have maybe around 200 posts up. Hopefully, more than that, if you can add just one page of content every day, after a year, you’ll have a website with more than 350 posts or pages.
That’s pretty great. Now most of us can’t quite create that much content, especially if you’re doing this on a part-time basis.
Because you’re also going to be learning and doing research and things like that as well. But if you can have at least 100 pages up within about a year, then you can really start thinking about making money, okay?
Even if you have that many pages up and a month or two, it’s not really going to matter. It takes time for websites to rank well on search engines, which is really where the vast majority of your traffic is going to come from.
You could focus on social media and YouTube and some other sources as well.
But really, search engine traffic will be your number one source of traffic and income in the long run.
Now, Google and other search engines have what’s called the sandbox, okay, if you have a new website, they’re not going to rank you well, right away, it’s going to take time to build trust with the search engines to know that you’re not trying to game their algorithm, that you’re not giving people viruses or doing anything unethical.
And very slowly over time, Google will start letting you get out of that sandbox. And they’ll start ranking pages pretty well.
And that will rank to more pages being ranked well.
And like I said, after about a year, then you’re going to kind of be out of that sandbox, and you can play with everybody else, you know, on the big boy playground.
But until that point, you’re not going to get a whole lot of traffic, even if you have a great website. So the quick answer to your question, how long is this going to take?
If you’re working on this, maybe an hour to a day, or maybe between like seven to 10 hours a week.
The fact is that once you start this as a side-hustle and you mentally commit to doing it with a long term view, the reality of the graphic below will actually become fact!
It’s hard to believe when you are starting out, but the first year is the toughest but don’t worry about that because you will be using that year to learn skills and to try things out to become more proficient later on. And let’s be honest, if you want to learn about something, it’s always best to ask an expert.
I think the realistic expectation is about one year, you can start making money at affiliate marketing.
Now at that one year mark, it might not be a full-time income at that point.
But it might be several hundred dollars a month or $1,000 a month.
And you can build on that.
And the income really generally tends to snowball at that point.
Once my site starts making money, you know that the first full year that they make money, I’m usually able to double that the next year and then doubled again the year after that.
How many of you have jobs that double your monthly wage every year?
And this has been replicated several times!
So you’ve really got to get to the point where most people have already quit. If you can get past that point, which really isn’t that long then you will of cracked it. 1 year isn’t very long.
Think about where you were a year ago. You know, next year your life could be changed. And this is a business that doesn’t take a whole lot of capital to get involved in.
Here is what you would be looking at if you took a step in the right direction and joined WA today:
You can do it part-time you don’t need an office, you don’t have to quit your personal job.
In fact, don’t quit your job. Look at this as a sideline or “side hustle” for the first year whilst you are learning.
From there, you will start to see that you are improving and growing your knowledge….all the training and skills you need and don’t yet have are all inside WA and are incredibly easy to follow too.
So while a year seems like a long time to be putting in all this effort, creating a website for nothing until a year or maybe even longer, that sounds really harsh, but it’s the no BS answer.
It’s the truth.
And it’s really not that long when you consider the lack of risk and financial capital that you have to put into it.
So if you start today, try to focus on making it one year just do something on your business every day, even if it’s just five or 10 minutes, maybe just learning something or reading an article, or writing just a paragraph of content for your site.
Just do something every day and in about a year you can probably be bringing in some money.