What should I do in life?
Today, it’s super easy to get overwhelmed by questions:
If you’ve ever had any of these questions assaulting your mind, you might have been tempted to try and earn your money online.
And I strongly suggest you Start an Affiliate Marketing Business
4 Reasons to Start an Affiliate Marketing Business
1. It’s a Cheap Business for You to Start Doing Your Thing
There are virtually no start-up costs.
You don’t have any goods to store or produce.
Indeed, you don’t even have to develop services.
You can start by choosing how you wanna play the game.
You can create your own website and make money by going for effective monetization methods.
All you’ve gotta do is set up a website, and sign up for an affiliate program.
Affiliate programs are free.
At the beginning, you’re gonna have to pay for website hosting and your site domain.
2. You Gain Professional Independence
Why is affiliate marketing the best thing for you?
You are your own boss!
You decide your own hours.
You can work from home, cafés, beaches.
Well, wherever you’d like, as long as you have an internet connection.
You can also earn as much as you want if you happen to be good enough and put an honest effort into it.
One poll shows affiliate marketers can earn anything from thousands to millions of dollars yearly.
You’ve read it.
Super affiliates earn $100.000 like it ain’t no big deal!
After a while in the business, you’ll even start generating passive income.
Nothing is as awesome as being someplace having fun while you know that – at that very moment – there’s money trickling down like a consistent waterfall turned into rainy capital!
3. It’s Easy to Develop into Something Truly Awesome
Why is affiliate marketing a great form of marketing?
Because it’s a very scalable business.
If it turns out that you’re doing great and you seem to have too much work to handle, you can easily hire additional people.
Your overhead still stays low, since you don’t have to rent an office and you don’t need customer support.
You can even create your own white label and hire your own affiliates to market it.
You can become a seller by introducing your own selling and shipping.
You can be a pioneer and become famous by exploring a new vertical or content that no one ever thought they could make good money from.
4. You’re Selling What You Want
Your integrity and honesty can remain intact.
Nobody’s forcing you to work with people you don’t like, or to push products you don’t believe in.
That’s the beauty of it!
You can create and shape your career on your own!
I encourage you to work only with brands you respect, promoting products you personally value.
Not only is this the ethical thing to do, but it makes it much more efficient.
Why is that?
Because it’s easy to sell something you like, as you don’t have to lie or create what isn’t there!
Besides, if you’re getting money for talking about something you’re interested in, can it even be defined as work?
Why start affiliate marketing to get those sweet profits?
Now you know!
All of these reasons may have you feeling like you’re yearning to give affiliate marketing a try, and they very well should.
If working nine to five doesn’t cut it for you, you want to be your own boss, and you dream of being in full control of your own future, affiliate marketing is the thing for you.
What is Amazon affiliate program?
Amazon is one of the largest retailers in the world.
In fact, in the U.S. alone, it’s responsible for nearly 40 percent of all online sales.
And anyone can access a share of the retail giant’s profits — all you need to do is have a website or social media presence and sign up for the Amazon affiliate program.
Amazon’s affiliate program, also known as Amazon Associates, is an affiliate marketing program that allows users to monetize their websites, blogs or social media.
Amazon affiliate users simply place links to Amazon products on their site, and when a customer makes a purchase via one of their links, the user receives a commission
Why Do So Many People Use Amazon Associates?
We’re going to dive into the details of why people like Amazon, but mostly, people like Amazon Associates mostly because it’s so huge.
All in all, Amazon Associates is a massive, easy-to-use program, and there are thousands and thousands of people making money with it.
Pros Of Becoming An Amazon Associate
1. Great For Most Physical Goods Niches.
If you are in a physical hobby niche — any hobby in which people are buying physical goods — Amazon is usually a good affiliate program.
The commissions on hobbyists and passion buyers on Amazon tend to be ravenous. They buy tons of stuffs.
2. The Folks At Amazon Are The Masters Of Conversion.
Here are very, very few companies (none that I know of) who convert customers better than Amazon does.
According to a 2015 study by Millward Brown Digital, Amazon converts a whooping 74% of prime-members and 13% of non-prime visitors.
To put that in perspective, an average conversion rate for online retail is 3.32%. In other words, Amazon converts 4 times more of their traffic than everyone else on average and 22 times more for Prime members.
Currently, there are close to 100 million paying Amazon Prime members worldwide according to Statista.
While that study is 4 years old, a November 2018 study by AdBadger shows the average Amazon PPC conversion rate to be 9.78%. Still very impressive.
Besides, people trust the Amazon brand. For you, that means that conversions on Amazon will be typically way higher than on any other platform.
3. They’re Great At Upselling Too.
Here’s the cool thing with Amazon; whatever traffic you send them, you’ll get a percentage of anything they buy there within 24 hours.
Amazon list over 3 billion products across all marketplaces; 564 million in US stores alone. Put simply, if you’re going to buy something at Amazon, the chances it won’t be your only purchase.
It’s kind of like when people go to Walmart, even if you come for one product, you’ll leave with more.
And Amazon knows that well. They’ve also been deploying state of the art AI technologies and affiliate marketing strategies to get people to buy more.
For example, over 35% of Amazon.com’s revenue is generated by its AI-powered recommendation engine.
For example, there’s this popular post by Tim Ferriss called “5 Tools I Use for Better Sleep.” He recommends to buy a specific Yogi’s Tea brand and a sleep mask brand. The other products Tim Ferriss’s followers search for, come as a recommendation.
It’s one of the reasons the holidays are so incredibly profitable for us: we might refer someone to Amazon to buy dog food, and while they’re there, they might buy a box of 20 fidget spinners and a plasma TV.
This is a benefit that is more or less exclusive to Amazon.
There are other general retailers that offer affiliate programs, but they often either don’t offer commissions on other products, or they simply don’t convert and upsell as well as Amazon does.
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