Brilliant Way to Earn More Money Effortlessly

It has been said that a wise business person has multiple streams of income. In fact, they say the average millionaire has 7 streams of income. Which makes sense because 7 streams can lead to a 7 figure income. If you have an hour a week to donate to promoting brands that marry well with your current business then affiliate marketing may be the perfect passive income strategy for you.

What is affiliate marketing, you ask? Let me ask you, have you ever raved about a new restaurant, movie or product that you just absolutely love? Did you get paid for it? Well, affiliate marketing is basically getting paid for talking about the products you love and use.

Follow these steps to starting an affiliate marketing side hustle that compliments your current business but won’t take up too much of your time each week.

1. Make a list of products that you love and use in your business. You will use this list to search for merchants that offer affiliate marketing.

2. Make a list of products that your customers could use to enhance your current business’s products or services. For example, if you offer beauty services, becoming an affiliate for a beauty subscription box or beauty products that you don’t sell would be a great option.

3. Sign up to become an affiliate on Sharesale and on Amazon. These platforms will be where you will search for the products and services you would like to offer.

4. Once your account is set up for Sharesale, search for merchants based on the product and services list you created. You will apply to their programs by hitting apply and filling out any information they require to approve your affiliation. Not all programs will accept you right away or at all for that matter. But don’t be discouraged, keep applying until you find the program that best fits your brand.

5. Currently, Amazon has instant approval. When you use Amazon Associates, you will search for the item you want to promote and grab its link. Depending on where you intend to market this product, you can grab a clickable link or HTML code to put on your blog or website.

Now that you are set up with these programs and have a list of what you want to promote, start strategizing where you want to promote these items. Be sure to read the blog post on ways to market your affiliation. There are many ways to share these products without being too pushy.

The great thing about affiliate marketing is that you don’t have to create new products or services. You simply have to share the ones you enjoy using. And what is even better is that many links are set ‘em and forget ‘em! They are enabled with cookies that vary in time so if your customer doesn’t purchase right away after clicking on the link, many programs give you a window of opportunity to capture the sale. What I love about the Amazon program is that if a prospect clicks one of your links then trails off to purchase another product that you did not link, you still get a commission if it is purchased within 24 hours of clicking your link! How generous is that?

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