There are so many people out there, spending years watching other people making money online and are too scared to finally start.
One of the first questions that comes in my mind is: Why scared?
Well, I totally understand that deciding to build a business is a huge step requiring you to overcome yourself.
But there are so good and particularly low-risk business models out there, worth giving try.
In particular, I speak about affiliate marketing.
It is such a great way to dive into the world of making money online.
Why?
Here are my top reasons why you should give affiliate marketing a try!
Table of Contents
Reasons Why You Should Give Affiliate Marketing a Try
What is Affiliate Marketing?
Before we dive into today’s topic any further, I want to make sure that everybody knows what affiliate marketing is actually about.
Affiliate marketing refers to promoting other people’s/company’s products in exchange for a commission.
For each successful purchase through your unique affiliate link, you usually get paid a percentage of the product’s price.That’s your commission.
To get your affiliate links, you have to sign up for so-called affiliate programs, such as Impact.
Affiliate marketing is really as simple as this. It doesn’t get more complicated, promised!
Reasons Why You Should Give Affiliate Marketing a Try
Now it is time to unfold what you are all waiting for. Here are the top reasons why you should give affiliate marketing a try:
Simplicity
Actually, I have already touched on this benefit in the definition above:
The concept of affiliate marketing is super simple.
You won’t find something else that simple.
For successful affiliate marketing you only need three things:
- platform to promote on (e.g. own website)
- affiliate programs (-> affiliate links)
- traffic
Unlike other business models, you don’t have to worry about product development and fulfillment.
Creating an own website to do affiliate marketing is challenging. Good news! There are 5 proven ways to do affiliate marketing without a website.
Low Barrier to Entry
One of the most appealing reasons why you should start with affiliate marketing is its extremely low entry barrier.
What does this exactly mean?
Well, let us compare it with other business models.
Let’s take e-commerce as an example. Starting an e-commerce business is so much more complex.
Think product development, shipping, customer support,…
You need nothing of this in affiliate marketing.
What you are basically doing is leveraging existing products and promote them on different channels (website, social media,…).
You don’t have much capital to invest in your new online business?
No problem, affiliate marketing is possible without any upfront costs!
I hope you see, why affiliate marketing has such a low barrier to entry, particularly for complete beginners.
Flexibility and Freedom
Similarly to many other business models, you have the freedom to decide on whatever you want.
That’s because it is your business. You are now officially a business owner. Sounds great, right?
What’s so amazing about this freedom is the fact, that you can work at your own pace and schedule.
No matter if you are a student, stay-at-home parent, or a full-time professional. Because of its flexibility, affiliate marketing is accessible to each and every one of you.
If that is no reason why you should give affiliate marking a try, I really don’t know what is.
Also, similar to many other online business models, you can work wherever you want.
Some might prefer to work from home, some other from a beach on the other side of the world.
Passive Income Potential
I’m not gonna lie: Affiliate marketing is definitely no get rich quick scheme.
In fact, it takes a lot of dedication and consistency to finally see a single dollar on your bank account.
That’s because you have to build an audience first, so that you can promote your affiliate products to this audience.
That’s how affiliate marketing works.
But if you manage to stay consistent with content posting over a long period of time (couple months/ years) you will be rewarded with passive income.
Yes, passively!
Content that you have generated months ago, can still generate money today. That’s why affiliate marketing is so powerful.
So, earning money with affiliate marketing can be a tough challenge at the beginning, but as you grow and build a decent audience, a lot of passive income is guaranteed!
Extreme Scalability and Growth Potential
As you grow a considerable audience, you can scale your affiliate marketing business extremely. This is another reason why you should give affiliate marketing a try!
You can do this best, by expanding your promotion channels.
For example, let’s say that you have started your affiliate marketing business on social media platforms.
In order to further scale your business, you can now consider to build an own website and utilize something like email marking to promote more affiliate products.
You should always aim at scaling your business. Otherwise, you’ll never know what you could have achieved with your business.
The Takeaway
At the end of each of my posts I provide a short takeaway. Just to make sure you remember everything you learned today! 🙂
The barrier to enter affiliate marking is extremely low, as it doesn’t require upfront investments or product developments.
At the same time, affiliate marketing is holding the potential for significant passive income steams.
Affiliate marketing gives you the opportunity to work at your own schedule.
Work from wherever and whenever you want. You can’t get more flexibility than this.
Affiliate marketing is extremely scalable.
As you grow your business, consider expanding your promotional channels to reach even more sales.
Think of new social media accounts, an own website or email marketing.
Final Thoughts
I hope you now know why you should give affiliate marketing a try.
The beginning process might be tough, but as soon as you grow a considerable audience, a decent passive income stream is guaranteed.
Do me a favor and start today.
Do not longer wait to finally make money online!
If you have any questions, let me know in the comment section down below!
