Despite what most affiliate "gurus" say, making money online is not as easy as it seems.
Affiliate Marketing is a business and it should be treated like a REAL business.
There are a lot of moving pieces and everything should be set up correctly before you can achieve that elusive "passive income".
𝗧𝗵𝗮𝘁'𝘀 𝘄𝗵𝘆 𝘁𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝟳 simple 𝘀𝘁𝗲𝗽𝘀 𝘁𝗵𝗮𝘁 𝘀𝗵𝗼𝘂𝗹𝗱 𝗯𝗲 𝗱𝗼𝗻𝗲 𝘄𝗵𝗲𝗻 𝘆𝗼𝘂'𝗿𝗲 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝘀𝘁𝗮𝗿𝘁𝗲𝗱 𝘄𝗶𝘁𝗵 𝗮𝗳𝗳𝗶𝗹𝗶𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴.
1. 𝘾𝙝𝙤𝙤𝙨𝙚 𝙖 𝙥𝙧𝙤𝙛𝙞𝙩𝙖𝙗𝙡𝙚 𝙣𝙞𝙘𝙝𝙚 and go deep, not broad. The most important niches are health, wealth, or relationships, and there are thousands and thousands of sub-niches.
2. 𝑪𝒉𝒐𝒐𝒔𝒆 𝒂 𝒈𝒐𝒐𝒅-𝒑𝒂𝒚𝒊𝒏𝒈 𝒑𝒓𝒐𝒅𝒖𝒄𝒕. The product you choose has to:
- Be proven to convert
- Have high ticket or recurring commissions
- Fit you and your audience and solve their problems.
3. 𝑪𝒓𝒆𝒂𝒕𝒆 𝒚𝒐𝒖𝒓 𝒄𝒖𝒔𝒕𝒐𝒎𝒆𝒓 𝒂𝒗𝒂𝒕𝒂𝒓. As you read in step #1, have a laser focus on your audience will help you target only those who are really interested in your products, without wasting time on those who are not interested in it.
As Meredith Hill once said, "Speaking to anyone is speaking to no one".
4. 𝑪𝒓𝒆𝒂𝒕𝒆 𝒂𝒏 𝒊𝒓𝒓𝒆𝒔𝒊𝒔𝒕𝒊𝒃𝒍𝒆 𝒐𝒇𝒇𝒆𝒓. Most likely, when you choose a product, you won't be the only one promoting it and you'll be competing with other affiliates to get those sales done.
Ask yourself and your target audience, what can you bring to the table to help them achieve their goals. It has to be something complementary to the product you are promoting.
Ex. Support, coaching calls, FB group access, trainings, etc.
5. 𝑪𝒓𝒆𝒂𝒕𝒆 𝒂 𝒍𝒆𝒂𝒅 𝒎𝒂𝒈𝒏𝒆𝒕 𝒕𝒐 𝒃𝒖𝒊𝒍𝒅 𝒂𝒏 𝒆𝒎𝒂𝒊𝒍 𝒍𝒊𝒔𝒕. This has to be related to the product you are promoting.
Ex. I am promoting Clickfunnels to Affiliates and I use a Free training to get people started with Affiliate Marketing.
6. 𝑺𝒆𝒕 𝒖𝒑 𝒚𝒐𝒖𝒓 𝒇𝒖𝒏𝒏𝒆𝒍. This is the secret of "passive income", an automated funnel that's open for business 24/7.
7. 𝑭𝒐𝒄𝒖𝒔 𝒐𝒏 at least one/two 𝒔𝒐𝒖𝒓𝒄𝒆s 𝒐𝒇 𝒕𝒓𝒂𝒇𝒇𝒊𝒄 𝒂𝒏𝒅 𝒎𝒂𝒔𝒕𝒆𝒓 𝒊𝒕. It can be FB, YouTube, Instagram, SEO, etc. depending on where your audience hangs out.
Create content daily, if you choose organic traffic, or run ads if you have budget and knowledge about it.
𝑻𝒉𝒂𝒕 𝒊𝒔 𝒊𝒕!
Seems like a lot? Well, it's because it is.
𝑳𝒖𝒄𝒌𝒚 𝒇𝒐𝒓 𝒚𝒐𝒖, 𝒚𝒐𝒖 𝒅𝒐𝒏'𝒕 𝒏𝒆𝒆𝒅 𝒕𝒐 𝒔𝒆𝒕 𝒆𝒗𝒆𝒓𝒚𝒕𝒉𝒊𝒏𝒈 𝒖𝒑 𝒃𝒚 𝒚𝒐𝒖𝒓𝒔𝒆𝒍𝒇.
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Benny Lo & team
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