How you can earn an income using Affiliate Marketing
Easy description- Sell other peoples stuff. They pay you for promoting their products / services.
Steps- Have a hobby? Like pets? How about travel, music, exercise, cooking?
Step 1. Pick a topic (niche)
Step 2. promote products or services related to said topic.
Step 3. Earn an income for every time the promote product sells
Details-This method is easy but takes the longest time and the longest set up.
Pros-
Once its set up the income is residual over time.
No need for your own products, inventory or services
Promote something you love and enjoy
Cons-
Longer start to earn time frame
Earning potential is low but steady
Takes time
*Note- want an example of an affiliate site? The site youre on right now uses affiliate links. The promoted products and services on this site offer a percentage of each sale. If you sign up for a service, for example: Webhost they compensate a small percentage of each sale at no additional cost to you at all.
Lets say you create a product that you would like to sell online. You make your website and you put your product on there but then what? What if you could offer a small payment to people who send buying customers your way?
Thats how Affiliate marketing works. Someone visits your website. You promote other people products and services and each time someone clicks on something they like and purchase that ebook or product or service you get a small cut of the sale at no additional cost to the customer.
Want to learn more? There are plenty of step by step articles out there but my favorite source for tutorials is Udemy followed closely by Youtube. I chose Udemy as my main source for tutorials because these videos and tutorials are not trying to drive a sale where the youtube videos are usually just a little bit of the how to that directs you to purchase their tutorial product. Udemy allows you to gain access to easy to learn step by step tutorials without all the sales gimmicks.