Affiliate marketers value the flexibility and work-life balance that come with the job.
Over 15% of people doing affiliate marketing bring in over $50,000 annually in affiliate income. That $50,000+ is passive income—a steady stream of money that takes minimal effort.
In most cases, affiliate marketing is easier to earn passive income than other revenues, like property rentals. Affiliate marketing is relatively low maintenance and high reward, making it alluring to social media influencers, bloggers, and solopreneurs with active websites.
More than 80% of businesses have an affiliate marketing program and want to find the right people to promote them.
Could it be you?
Should You Become An Affiliate Marketer?
You can be an affiliate marketer if you’re a solopreneur, micro-SMB, contractor, gig worker, freelancer, blogger, influencer, etc. You’ll need a website or social media profile, content (e.g., videos, blog articles), an audience, and a business (aka, “the brand”) that will pay you to promote their business.
Here’s how it works: The affiliate marketer sticks a link of another business brand on their website, social media profile, blog, newsletter, etc. When a consumer clicks the link and makes a purchase, the affiliate earns a commission because they were responsible for promoting the other business’s product or service. Talk about making money in your sleep.
The high passive income isn’t the only reason people become affiliate marketers. Other benefits include increased flexibility and better work-life balance.
Some affiliate marketers take a gamble and quit their day jobs to pursue affiliate marketing full-time. Others keep the 9 to 5 and do affiliate marketing as a side hustle to generate additional revenue. The choice is yours.
How To Make Money As An Affiliate Marketer
Influencer Grace Lemire made $6,600 in one month from product advertising. Another influencer, Niccoya Thomas, received $56,000 in one month from brand…