If you want to make money online from your laptop while you travel or from home, there are many options. You may have looked into a few already and even tried and failed to set up your own online business?
This is often what happens and it makes people very dubious about trying again as they think it’s not possible for themselves to be successful online. You may be wondering why you should start an affiliate marketing business, especially if you’ve tried before and not got results?
The thing is, being successful with affiliate marketing is like a snowball. You may not see results at all in the beginning (when the snowball starts to roll). But as the snowball starts to roll and gain momentum, it gets bigger and bigger and even though you may not see results still, like even in the first 6 months, all the efforts you’re putting in are building and building.
Those constant daily actions you’re taking will build and build, constructing the framework for your business. So when you start to question ‘’why am I affiliate marketing, it’s probably not for me’’, you’re probably right next to that pot of gold and if you just hang in there, you’re going to see the results.
Here are the 7 reasons why you should start affiliate marketing in 2019 and beyond.
1.Cheap or Free to Set Up
You can sign up to and start promoting products from big affiliate programs for free. Some of the big affiliate programs are; ClickBank, Amazon Associates, JVZoo, ShareASale and CJ Affiliate to name a few and are all free to sign up as an affiliate.
Alongside finding an affiliate product to promote, you will need places to promote your products. This can be done via a website that is super easy to set up and costs only a few dollars a month in the first year. Check out my post on starting up your first WordPress website on Siteground here.
And you can leverage social media to help promote your offers which is free also! You can choose one social media platform at the start and then branch out. The most recommended sites to use as an affiliate are; YouTube (1 billion hours of video watched daily), Facebook (1.62 billion users daily) and Instagram.
2. Fast to Set Up
One of the biggest reasons why you should start affiliate marketing in 2019, is that it’s an extremely fast business model to set up. After you’ve chosen an affiliate product to promote and your chosen social media channels, you can literally be up and running in a few hours.
Unfortunately, it might take a little longer for the profits to roll in, but if you take consistent daily action, it’s entirely possible to see some profit in a few months. Of course, we are all on different paths and have varying work ethics, but some affiliate marketers have been able to make a full-time income from affiliate marketing in less than a year.
3. It’s a Simple Business Model
Affiliate marketing is literally recommending a product you love and know will help people and when someone buys through your link, you get a commission from the sale. Simple right!? You don’t need to have in-depth knowledge of currencies, languages or something in particular – you can even promote kitchen or garden equipment if that’s your thing!
A 16-year-old school student or a 70-year-old retiree can start an affiliate marketing business. There are no barriers to entry except if you don’t believe in yourself and are not willing to take action.
4. Low Risk
Gone are the days of having to invest thousands in renting a store, paying monthly bills and buying lots of stock that might not even sell. There was always a lot of risk starting up businesses this way, but this is why starting an affiliate marketing business is a great option with low risk.
With affiliate marketing, you can start for free like mentioned, test out the products you choose with an audience and if they don’t sell, change your product or change your marketing plan. The worst that can happen is that you won’t make money right away. It really is one of the lowest risk business models out there.
5. You Can Be Flexible with Your Work Hours
A big reason to start affiliate marketing and making money online is, of course, to take back your time and not be a slave to the 9-5. An affiliate marketing business can be run from your laptop and you can work in the morning, afternoon or evening – it’s totally up to you!
Affiliate marketing also lets you be flexible with the type of work you do to promote your business. Some marketers will focus on producing videos, some will focus on Facebook and some will lean more towards writing and building a blog. There really is no right or wrong, it’s possible to build a super-profitable affiliate marketing business using all these methods.
6. Big Profits Are Possible
Many affiliate programs will pay 50-100% commissions and sometimes recurring commissions. If the value of the product is high ticket $1000+, you can see how lucrative it can be. Martin Lewis (the Money Saving Expert) created his website helping others save money for $100 around 10 years ago and the last I checked he was making around 1.5 million a month in affiliate commissions!
Absolutely crazy right!
This is an extreme example of course, not everyone will create profits to that mega-scale, but many earn $100-$1000 a day which is pretty nice.
7. It’s Extremely Scalable
When you are considering why you should start an affiliate marketing business or any other business, you should consider the possibility of scalability. If you don’t scale, you’ll never know what you can truly achieve with your business.
Affiliate marketing is a scalable business and as soon as you start making some profit, you can push a portion of that back into the business by running Facebook ads, getting a mentor or taking an affiliate marketing course, creating your own course or adding new, high ticket offers to your arsenal.
Affiliate marketing truly is one of the most scalable online businesses out there, with no ceiling on how high you can take your profits. So, are you ready to stop asking why you should start affiliate marketing and start building your own affiliate marketing empire?
How to Start Affiliate Marketing as a Beginner
Even though affiliate marketing is a simple, cheap online business to start, you’ll give yourself the best chance of success by surrounding yourself with people who have trod the path before you. It’s a good idea to get yourself some basic knowledge by way of a targeted affiliate marketing course.
If you’re not ready to invest yet, check out the free training below to get you started.
There are many affiliate training courses out there that will promise you riches and not deliver. I can vouch for my mentor’s course as I’m on it now and I know he’s someone who made it from broke and depressed to a millionaire through affiliate marketing.