Most businesses require startup fees as well as a cash flow to finance the products being sold. However, affiliate marketing can be done at a low cost, meaning you can get started quickly and without much hassle. There are no affiliate program fees to worry about and no need to create a product. Beginning this line of work is relatively straightforward.
"Reading Michelle's income reports each month made me realize the huge potential there is to make more money online. Even as a blogger with an established site over 8 years old, I knew that there was so much that I could learn from Michelle because she's had such incredible success! Watching her income climb each month has really motivated me to change up my affiliate strategy and be more intentional with my efforts." - Jessica Bishop, TheBudgetSavvyBride.com
As you can see here, it doesn’t have to be anything fancy. We just want the product name, the gravity, which I’ll explain in a little bit, how much the product costs, and a link to the sales page. This is what you want, because what’s going to happen is when you head over to Clickbank and click on the Marketplace tab at the top of the homepage, there are dozens of potential products that you could promote on your site. Unless you have this spreadsheet, it’s really hard to keep track of what products you’ve seen, their price, their gravity, and all the other variables that go into choosing a Clickbank product that I’m going to go over in this video.
Before jumping into starting an affiliate marketing business, learn all that's involved in making it a success. More importantly, if you decide to pursue an affiliate marketing business, or want to add affiliate marketing to an existing business, understand that it's not fast, automatic, nor without effort. Like all home businesses, you need a plan and daily involvement to make money with an online affiliate marketing.
Affiliate marketing is also called "performance marketing", in reference to how sales employees are typically being compensated. Such employees are typically paid a commission for each sale they close, and sometimes are paid performance incentives for exceeding objectives. Affiliates are not employed by the advertiser whose products or services they promote, but the compensation models applied to affiliate marketing are very similar to the ones used for people in the advertisers' internal sales department.