The 4-hour work week. Passive income. Make money while you sleep. Have you heard people talk like this? Did you think it was just a pipe dream? Well, it’s not. It’s very achievable! Want to know why?
Because affiliate marketing is awesome! There’s no other industry where you can sit down at a computer and start making money. You don’t need to store inventory, hire employees, have a brick and mortar store, handle customer service, pay for shipping, worry about returns, and so on.
Let me visually show you The Beginner’s Guide To Affiliate Marketing. Sure, I could talk about it all day long, because it’s such an exciting business, but I realize how many people understand certain concepts better with pictures. So this article is designed for you visual learners.
First, let me share with you a little about affiliate marketing. It’s a multi-billion dollar industry that anyone can get involved in. You don’t need a huge investment to get started. In fact, you can start with very little to nothing at all.
You probably don’t realize how often you see affiliate websites when you’re online. Especially when you’re shopping. Each time you click on a link to buy something, you’re most likely involved in the affiliate system.
First, we’ll look at what affiliate marketing is.
Then we’ll look at why you’d want to start an affiliate business.
And finally, I’d like to show you where you can start an affiliate business.
If you’re in a hurry, this is where I recommend you learn.
What Is Affiliate Marketing?
Affiliate marketing involves three parties:
- The Publisher
- The Advertiser
- The Consumer
In a nutshell, affiliate marketing is when you (the publisher) enter into an agreement with a company (the advertiser) to promote their product or service, in exchange for a percentage of the sale (by the consumer).
The following infographic explains how they all work together.
OK, so how was that? Do you have a clear understanding of the process?
Why Start An Online Business?
Now you’re probably wondering why anyone would want to have an online business. Here are some great reasons…
- Financial freedom. This is one of the most lucrative ways to create passive income streams for your future. Whether you want to be debt free, or be able to travel anywhere you wish, or simply to have a comfortable retirement… an online business is the answer.
- Be Your Own Boss. Who wouldn’t love to work for themselves? Instead of spending your time padding your boss’ bank account, pad your own!
- Mobility. The awesome thing about an online business is the freedom to work from anywhere there is an internet connection. So why be stuck in an office all day when you can work at home, at a coffee shop, at the lake, on the beach…you name it.
- Mass global market. Did you know that as of June 2017, 51% of the worlds’ population can access the internet? That’s 3.7 billion people in 2017. That’s a lot of potential customers, don’t you think?