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VIDEO 4: Affiliate Marketing

Welcome to the fourth online business model on Affiliate Marketing.

To learn more about this online business model, watch the video below and check out the additional information and resources listed below.

ABOUT AFFILIATE MARKETING


Difficulty Level: Intermediate

Affiliate marketing is considered to be more of an intermediate business model as it's recommended to have already built a consistent stream of traffic, visitors, or subscribers through the Kindle publishing, blogging, YouTube, or podcasting models first. However, this free MasterClass can help you get started if you'd like to start with affiliate marketing.

Startup Costs: $100

The average startup costs for an affiliate marketing business is about $100.  The initial expenses would typically be a domain name, hosting, squeeze page, and e-mail management software to get started.

Avg. Timeframe: 1-6 months

The average timeframe before a newbie realistically expects to make money from affiliate marketing is 1 to 6 months.  If you already have an established Kindle publishing business, a blog that gets visitors, YouTube channel or podcast with subscribers, or an e-mail list, then you can start doing affiliate marketing and earning money right away.  However, if you are starting from scratch, expect it to take 1-6 months to build that up before you can start doing affiliate marketing.

Potential: $1,000,000+/year

The potential of an affiliate marketing business is a seven-figure income, over $1,000,000+ per year.

Passive: Yes

Affiliate marketing can be a passive business model.  However, it's always advised that you never fully neglect your online business as there's always potential changes that can occur online and you'd always want to keep an eye on your business.

FREQUENTLY ASKED QUESTIONS

These are some of the most frequently asked questions that I get about affiliate marketing.

Q: How do I build a relationship with my subscribers and list?

A: By providing value and genuinely wanting to help your subscribers.  People will easily be able to tell whether you're sincere about wanting to help them or just trying to profit and take advantage of them.

This is only demonstrated by consistently serving and adding value, putting your subscribers' needs above your own.  If you happen to profit from a recommendation you make to your subscribers, then great, but that shouldn't be your focus.

Q: How do I find out what my list will be most interested in?

A: The best way to find out is to survey them and find out their needs, wants, desires, and challenges.  You can use SurveyMonkey to survey your list for free, or even just send out an e-mail to them and ask them to respond back to answer a few questions.

With anything that you promote or recommend, you'd always ideally want to make sure that you've benefitted from it personally and that it's something that will benefit your subscribers.

Q: How do I decide what products to promote to my list?

A: Ideally, you'd want to promote products that you've benefitted from personally and that there is an affiliate program available for.  Alternatively, you can find products or services to promote by searching through some of the affiliate networks mentioned below in Recommended Resources.

Q: What is the best way for me to get started with affiliate marketing?

A: Affiliate marketing is best utilized if you already have an audience, stream of visitors, or a list of subscribers.  It's best to start with something like Kindle publishing, blogging, or YouTube to publish content from, which then can allow you to build a list of subscribers that you can build a relationship with and market to.

Alternatively, if you are looking for a way to get started from scratch, then check out my FREE Affiliate Marketing Mastery MasterClass to build an authority brand to make money from with affiliate marketing.

RECOMMENDED RESOURCES

These are some of the recommended resources for affiliate marketing.

AWeber – The most popular email opt-in service and e-mail broadcasting service.  I use AWeber for all my newsletters and mailing lists.

Blogging, YouTube & Podcasting – Many of the resources mentioned on Video 3: Blogging, YouTube, and Podcasting can be beneficial for affiliate marketing, to help build an audience and promote products from.

ClickBank – A popular affiliate network of products and services that you can promote and earn money from as an affiliate.

ClickFunnels – ClickFunnels helps you build persuasive funnels and landing pages in order to get more leads, sales, and e-mail opt-ins. It is easy to use and has helped me build my business.

Commission Junction – Another popular affiliate network of products and services that you can promote and earn money from as an affiliate.

FREE Affiliate Marketing Mastery MasterClass – Join my free MasterClass and learn how to build an online brand, attract thousands of people to you through blogging, YouTube, social media, and e-mail marketing, and make money from affiliate marketing.

Leadpages – This is what I use to create high converting landing pages and squeeze pages for my websites to collect e-mail leads.  I also use their LeadBox feature to collect e-mail addresses and build my e-mail list on my blog.

ShareASale – A popular affiliate network of products and services that you can promote and earn money from as an affiliate.

MORE ARTICLES & VIDEOS

Here are some additional articles and videos on online publishing from the blog.

INTERVIEWS & SUCCESS STORIES

Here are some interviews and success stories of affiliate marketers from the blog and YouTube.

=> CLICK HERE AND JOIN MY FREE AFFILIATE MARKETING MASTERCLASS <=

ABOUT STEFAN JAMES

I'm an internet entrepreneur, life and business coach, and philanthropist with a passion for living life to the fullest and fulfilling my potential as a human being.

My mission is to be a powerful and passionate example of the unlimited possibilities that are available for anyone that commits their life to mastery, while sharing my very best ideas and strategies that can make a difference in every area of your life.
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