Affiliate Marketing A Part Of Your Online Business Strategy

For many it is the ultimate dream – make money while you sleep. Today, more and more people are achieving this through making affiliate marketing part of their online business strategy.

Leaving Money on the Table

Online sales, over the past 5 years, are growing at around 10% per year according to statistics for 2022.

In 2023 sales reached $5 trillion

With around 16% of e-commerce sales being generated from affiliate marketing.

In addition, 16% of the total revenue for the digital media industry is from affiliate marketing.

In 2022, big businesses decided to invest more in affiliate programs and set aside more of their marketing budgets to pay affiliate marketers.

You have to ask yourself, in a billion-dollar industry, that has a proven track record of growing year in and year out, if you are not part of the affiliate marketing industry either as a creator or seller are you missing an opportunity and leaving money on the table?

Money that should be in your bank account helping you fulfill the dream of earning money while you sleep.

 Side Hustles Make Money

Side hustles are a simple lucrative way of generating online income.

You don’t need to give up your day job. It is possible to work around a job.

When I started this website – I spent just 30 minutes per day putting all the elements in place for the website. This expanded once the website was set up.

Clients often say to me – “I love my job, I don’t want to give it up.” Fantastic but what happens when your job gives you up?

In today’s world of recession booms and busts having a side hustle or two that generates income is essential.

What is a Side Hustle?

A side hustle is simply a name given to a part-time online business that can be run alongside a job.

There are several parts to build the side hustle

• Creating or Finding a product or service to sell
• Content Creation
• Creating a system that ensures the side hustle runs automatically such as payment systems and customer delivery
• Marketing and Advertising

Many of the above once put in place can run for many years successfully.

Side hustles help create the balance between work and lifestyle that is often missing in most people’s lives.

 

Start an Online Business with No Money

It may seem hard to believe, but an online business can be started with no money. It can be up and running, earning money in less than one hour.

Many companies are looking for affiliate marketers. Some companies will require the affiliate to have prior experience. Other companies open affiliate marketing products to anyone who wants to become an affiliate marketer.

Once you have mastered one side hustle and it runs automatically create another one.

When you hear about online entrepreneurs making millions per month it is simply because they learned how to make one side hustle lucrative and then duplicated what they did with more side hustles.

 

Company Support for Affiliates

In a recent survey, 80% of companies said they were increasing their marketing budgets to support affiliate marketing.

What this means, in reality, is companies are increasing the amount they are willing to pay affiliate marketers who are generating sales for them.

This is really good news. Instead of competing with affiliates for market share, companies will be letting affiliate marketers grow their business and provide better incentives.

Marketing Packs are now an everyday part of the support given to affiliates. This in turn helps affiliates with targetting the right audience who are more likely to want the product they are selling.

Companies will use their research on the brand, design, and SEO and the affiliate will have the benefit of it to grow their own businesses and their income.

How to Become an Affiliate Marketer

If you are new to the affiliate marketing concept and/or want to start with a zero budget, then education will help get you started.

Affiliate Marketing – Success Guide for Beginners is the best place to start.

The course is specifically designed as a step-by-step process of starting an affiliate marketing business with 3 key strategies used by the most successful affiliate marketers in the industry.

The course has been created by a 20-year expert in affiliate marketing.

 

Affiliate Marketing is the Future

As more and more businesses venture online, opportunities will continue to grow. That includes affiliate marketing.

Today the online business industry is worth $5 trillion. At the current rate of growth, it will become a $20 trillion industry within a few years.

Mastering the skills of affiliate marketing will boost your share of the industry.

While it is still growing you deserve to be part of that growth with your affiliate marketing online business. Your Side Hustle.