18 Reasons Why Affiliate Marketing Is The Best & Easiest Way To Make Extra Money Online
If you been wanting to start an online business or want to make extra money online but can’t decide where to start or what opportunity is best for you, let’s take a look at my top eighteen reasons why affiliate marketing is the best, the easiest and the least expensive way to get started making money online.
Whether your goals are to make extra money online or to create a full-time income, it can be done with affiliate marketing.
I’ll also show you where and how to get started with affiliate marketing for free. I’m talking about the most advanced comprehensive training in the industry that includes web hosting, support, research tools, a large community of successful entrepreneurs to help you every step of the way and a whole lot more. Read on.
I’ll also cover some of the cons of affiliate marketing and how to overcome them.
A lot of successful online entrepreneurs started out with Affiliate Marketing and continue to make it part if not all of their income.
So What is Affiliate Marketing Anyways?
In short, affiliate marketing is simply promoting other people’s products or services and earning a commission for each sale. Promoting products or services is typically done by sharing affiliate links on blogs, email lists, and social media platforms.
For the purpose of this article, I refer to affiliate marketing as online marketing or internet marketing as these are other terms people use to describe the process.
Word of mouth and referral marketing could also be used to describe affiliate marketing.
Affiliate Marketing – The Best Way To Make Extra Money Online Overview
- Free To Low Startup Cost – Doesn’t Take Much Money To Get Started
- You Don’t Have To Stock Any Inventory
- No Shipping Of Products
- You Don’t Have To Provide Customer Service
- You Don’t Need A Warehouse Or To Drop Ship Anything
- Online Marketing Is One Of The Fastest Ways To Generate Income Every Month
- Work From Anywhere – Location Independent
- Never Too Late, Too Old, Or Too Young To Start
- Anyone Can Do It
- Work At Your Own Pace
- Create Multiple Streams Of Passive Income For Yourself
- Millions Of Products To Earn Money From
- Tens Of Thousands Of Brands Products & Services To Choose From
- Recurring Commissions From Some Programs
- Level Playing Field For All
- There Are No Limitations In Getting Into Affiliate Marketing
- Organic Web Traffic – No Advertising Fees For Your Business
- Then I’ll Go Over Some Of The Cons Of Internet Marketing & How To Overcome Them
Affiliate Marking is also referred to as Online Marketing, Internet Marketing, and sometimes Referal Marketing.
18 Reasons Why Affiliate Marketing Is The Best And The Easiest Way To Make Extra Money Online – In No Particular Order
1. Free To Low Startup Cost – Doesn’t Take Much Money To Get Started.
Assuming you already have an internet connection and a computer you can actually start for free. This is not a get rich overnight or quick scheme. You will need to put in the time and effort to learn how it all works. However, once you get past the learning curve and if you’re willing to continue to learn and grow, you can make a lot of money. How much and how fast is up to you. Once you learn the basic concepts of how it works, you can have an online business running for as low as $1.00 a day.
The best way to get started is to create a website/blog around a topic you’re passionate about.
2. You Don’t Have To Stock Any Inventory
That’s right, with affiliate marking you don’t need any of your own products to sell. You simply help other people and companies sell their products and services and make commissions for each sale. Some companies pay recurring commissions as well. Over time this can add up to a very lucrative and passive income for you.
3. No Shipping Of Products
Since you are not selling your own products, you will also have nothing to ship. No shipping cost to you! In case of digital products, you don’t have any software to run to. Awesome!
4. You Don’t Have To Provide Customer Service
When you promoting and selling other peoples products you are not responsible for customer service. If there is a problem with the product or service, it is the responsibility of the company selling said product.
Although I do recommend only promoting companies that are trustworthy and have a good reputation. If you refer people to a bad experience, they are less likely to trust your recommendations in the future.
5. You Don’t Need A Store, Warehouse Or To Drop Ship Anything
You can set up a website and make passive income for years and years with affiliate marking. Affiliate marketing consists of selling a third party’s products, so there will be no duty to fulfill customer service, payment requirement or anything to do after the sale.
6. Online Marketing Is One Of The Fastest Ways To Generate Income Every Month
If you just want to make a few dollars here or there or maybe ultimately take this to a six-figure salary level the choice is yours. This business model will allow you the same opportunities anyone doing this at a million dollar level is capitalizing on.
7. Work From Anywhere – Location Independent
People from all over the world are taking part in this type of online business opportunity. Take your laptop and head to the coffee shop, hotel, beach, digital nomad space, or where ever you like to hang out.
I know people who travel the world and work as little or as much as they like. Note: it will take some time to build up enough passive income before you may be able to travel the world, and if you like to travel you can go on as many work vacations as you like.
All in all, affiliate marketing allows you the convenience and comfort of being able to work from any geographical location you desire that has an internet connection.
8. Never Too Late, Too Old, Or Too Young To Start
A very big limiting believe that most people have is they are either too old too young or too (insert blank) to do something. Affiliate marking doesn’t care who you are or how old you are. Just bring yourself and a willingness to learn and your good to go.
9. Anyone Can Do It
Who is Affiliate marking for? Anyone who is willing invest their time, learn the skills and take action on what they learn can be successful with internet marketing. In the Wealthy Affiliate community alone, I’ve met and interacted with people of all ages and backgrounds from all over the world, many are very young, many are retired, and of course, there’s everyone in between as well. In other words, all ages and locations can start this kind of online business and make extra money online today.
10. Work At Your Own Pace
You can learn as you go and go as you please. Although the more time you put into your self and business, the more you will get out. I recommend giving yourself a year to learn and grow your business. Things don’t happen overnight, remember this is not a get rich quick scheme. You can definitely get rich but it takes time.
11. Create Multiple Streams Of Passive Income For Yourself
One of the best things about Online Marketing is it can create passive income. Imagine working on a website for a few months and then having that website make money for you for years to come. This is possible, I’ve done it and many others are doing it. You are then free to scale up your site, work on other sites, work on other money making opportunity or go on vacation. You can create multiple streams of passive income by joining many affiliate programs and building nitch sites around different topics, services, reviewing products, and many other online business models.
There many strategies or business models on how to promote products and services.
12. Millions Of Products To Earn Money From
Amazon alone has over 488 million products you can promote, recommend and/or review and earn money from. Amazon is just one of the thousands of affiliate programs out there. You can find affiliate programs on just about any product.
13. Tens Of Thousands Of Brands Products & Services To Choose From
A few other major brands that have affiliate programs include Apple, Nike, Victoria’s Secret, Rolex, NFL, Lego, and Best Buy. There are countless others. Not just major brands. There are 10,000’s of individuals and smaller companies with affiliate programs out there as well.
14. Recurring Commissions From Some Programs
While most affiliate programs offer a one time commission for a sale of a product or service, there are several membership type sites that offer recurring commissions. These types of recurring payments are typically monthly or yearly and continue as long as the person you referred is a member of that site/service. This is a great way to produce passive or residual income.
15. Level Playing Field For All
Most individuals doing this type of work and taking it seriously are making a full-time living. This is a scaling business over time it can be very beneficial to all who choose to play hard. The wonderful world of affiliate marketing is that of one with a very level playing field for all. It’s up to you.
16. There Are No Limitations In Getting Into Affiliate Marketing
You can start with your computer, internet connection You can accessorize as much as you like but it’s a surprisingly low amount of money, to begin with.
17. Organic Web Traffic – No Advertising Fees For Your Business
Within the realm of affiliate marketing, there are countless monetization strategies that can be implemented. Many sites use some combination of the multiple methods. Driving organic traffic to your website is a process by witch using keywords. A keyword tool can show you how many time people are searching for a keyword or phrase and how many sites have that exact match. Your goal is to get on the first page of google, this will drive tons of traffic to your website.
18. Low Risk
There is basically no risk involved, as I said before you can start without spending a dime. Of course, once you getting going you’ll want to pay for a few services like a domain name, web hosting, ongoing education and other things that go along with running an online business.
So What Are Some Cons Of Internet Marketing?
Ok, so we took a look at some of the best reasons why Affiliate, Online or Internet Marketing is one of the best, fastest, risk-free and least expensive ways to making money online. Let’s take a look at some of the cons and how to overcome them.
Too Many Options For Learning
There are thousands of people online trying to sell you a system of how to learn their strategies and marketing techniques. This can lead to confusion, becoming overwhelmed quickly and learning conflicting information. Furthermore, not sticking to one path and jumping around from program to program will only get you so far with each strategy and not allow you to fully understand any one of them.
Tip: Stick with one course or strategy till you fully understand it, master it and then look into other online marketing techniques if you feel you need to.
Too Many Online Scams
There are a lot of shady affiliate marketing programs and make extra money online scammers out there that promise quick money and riches. Obviously, these types of scams are making it hard and harder to get started or to trust anyone.
Perhaps you fell for some of these tricks in the past and are highly skeptical. That’s totally understandable.
Tip: Do your research and use your best judgment. There are many legitimate ways to learn how to make extra money online. Check Out My Number One Recommend For Learning and Building Your Sites. Sign up for free With No Credit Card and no obligation. Level One Training is free and you get 2 free websites.
The learning curve can be a little overwhelming and it can take some time to make good money. When you start, you are not going to be making a lot of money. Depending on your knowledge of internet marking and using software such as WordPress there can be a learning curve. Starting something new always takes time to get good at it, and make progress.
Solution: Break it down into small chunks of information and join a community of like-minded and successful affiliate marketers to help you every step of the way.
How Long Does It Take To Make Money With Affiliate Marketing?
There is no proper answer to this question, there are so many factors that go into building a website that gets ranked in Google and other search engines. It really depends on a lot of things.
New sites take time to build trust with Google. It’s like your website will be dating Google for a while. Also, the information or topics you are writing about and article length. Really it comes down to how much time you put into it and how much you learn. Understanding that this is not a get a rich quick scheme. You must stick to a proven recipe for success long enough to get results. This is a much better attitude and mindset to have.
Where Can I Start Making Extra Money Online For Free?
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I’m talking about the most advanced comprehensive training in the industry that includes web hosting, support, research tools, a large community of successful entrepreneurs to help you every step of the way and a whole lot more. The folks at Wealthy Affiliate have helped me build this and other websites. It’s a No-Brainer. Check it out today.
As always I would love to hear from you. Any thoughts, questions, or just want to say hi, comment below.
Disclosure of Material Connection: Some of the links in the post above may be “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I believe will add value to my readers.