Affiliate marketing, know also as refer marketing, is a highly popular method of generating money from home, and one of the most profitable and long-lasting ways to earn money online.
The idea is that you can sell products of others and earn money for every sale (sometimes you can earn money for each lead you generate or even per click).
Affiliate marketing is a great way of building an online business and creating passive income – Because you build once and earn for years.
You can do affiliate marketing in any industry you are interested in: travel, fashion, health, fitness, work from home, etc. Many big companies run affiliate programs because they pay only for the profit and this is a great way for them to increase sales and profits – so this is a win-win.
All you need to do is to enroll in the program and you get your own link, for every user that entered your specific link and bought something you’ll get a commission. (usually, even if the user didn’t buy immediately but bought a few days later, you also get the commission, it differs between different affiliate programs, and is called “cookies saved”).
One important thing to note is the commission percentage: when you are selling as affiliate physical products you can expect 1%-5% of the sale, but when you are selling digital products the commission is about 50% and can get as high as 80%, so we recommend digital products operation.
One of the most popular affiliate program platforms is ClickBank, the platform is a marketplace between affiliates and vendors, they offer thousands of digital products that you can sell as an affiliate, with high commissions.
For instance, you can easily become an affiliate to thousands of sellers on Fiverr through this link
There are many ways of generating traffic and building your audience, it can be done through Facebook, youtube, creating a blog, creating a mailing list, and more.
If you don’t have any digital assets yet, don’t worry, you can learn how to do it in the courses above, and learn more about digital assets and work from home in the next lessons.