Hey! Today I want to share a personal detail. I'm going to tell you my favorite way of making money online.
There are A LOT of ways to make money online. That's no secret. Online courses, physical products, selling on Amazon, etc. — all these methods have their own unique twists that can make you a fortune and have you living the life of your dreams.
But none of them are my favorite.
There is one online business model that stands out above the rest, in my opinion. Ready to find out WHAT my favorite way to make money online is, and WHY I think it's the best?
Watch the video below:
(Click here to watch on YouTube)
Do you want to know how you can build an online business from scratch? CLICK HERE to sign up for my free Affiliate Marketing Mastery MasterClass! PLUS, you'll get my Affiliate Marketing Mastery Blueprint ebook FREE when you register.
Affiliate marketing is my favorite way of making money online.
I love nothing more than sharing products I've gotten benefit from, personally. Bringing you value is a great joy in my life and seeing you gain from the same things I gain from in my life is something that can only be done with affiliate marketing.
Why is affiliate marketing my favorite?
There are a few reasons. First, I don't have to create the product or service myself. It can take weeks and even a few months to create a new course. That means a lot of time and money researching, designing, developing, and everything else to make sure your product is high quality.
Plus you're spending all that time and there's still a lot of risks involved because you're not sure how well the product will do. You can do all the market research you want, but you'll never know until your product is live.
With affiliate marketing, you're not doing any of that labor. You know the product works and sells because you use it and bought it yourself! Take out as much guesswork as possible.
Second, I'm always trying to improve myself and grow my health, mindset, and business. When I benefit from something I naturally have an inclination to share it with people. I get so excited that I'm benefitting, I want to share it with you.
With affiliate marketing, I can create a commission without it costing anything extra for the customer! It's a win-win-win.
Let me explain what I mean by that.
In affiliate marketing, the customer gets the same benefit I am getting through purchasing the product. Win. The selling company gets a new customer and someone enjoying their product. Win. I get a commission by sharing the product and selling it with my affiliate link. Win.
Add it all up and you get a win-win-win!
Third, it's EASY to get started with affiliate marketing. You can join an affiliate program, get an affiliate link and share it with people. That's it!
The link tracks that the sale was referred by you. The process is automated so everyone can benefit immediately.
How am I making money online with affiliate marketing?
There are a few ways of making sure you are a successful affiliate marketer.
My favorite way of doing affiliate marketing is by creating a better offer for my audience. Since my audience is so great I want to give them an amazing discount on the product, a coupon code, etc. Something that's even better than the price they see on a sales page. Reach out to the company's affiliate program and see if that's available for you to offer.
Another way to have success in affiliate marketing is to see how can I add more value than is already provided. Can I create a free bonus that complements what people are buying? A great example is what I do with the Amazing Selling Machine. Their course is already the best out there, and then I add $15,000 worth of bonuses on top of everything to make the offer irresistible.
The key to success in business is adding more value than everyone else. When you serve others first your needs are taken care of in the process.
Finally, affiliate marketing is a great way to diversify and build multiple streams of income. You want to build a parthenon of income streams, not a one-legged stool. Affiliate marketing will get you there.
That's the key to affiliate marketing. And that's why it's my favorite way to make money online.
The main skill is to get traffic. That means creating content on Facebook, YouTube, a blog, a podcast etc. There are many ways to attract people. Pick a few and go deep with it. There are courses and training available to teach you how to do that. Once it clicks, there is no telling how far you will go.
I prefer content marketing — creating quality content for free and, again, creating massive value for people. That's why I have my blog and YouTube channel, and it's a big part of why they're so successful.
It's about building trust. Build a friendship with your audience. That way when you recommend something they're more likely to buy it from you.
I go into more depth with all of this in the video above. I also answered a bunch of questions that came in from the audience watching my live video today. Watch it to learn how to build your brand, if it's too late to start Kindle publishing, how an introvert can build a business and much more!
Do you want to know how you can build an online business from scratch? CLICK HERE to sign up for my free Affiliate Marketing Mastery MasterClass! PLUS, you'll get my Affiliate Marketing Mastery Blueprint ebook FREE when you register.