Did you know that you can supplement your income by becoming a connector between the audience you have on your social media page or blog and the products they need?
Wondering how?
Well, the secret mantra is affiliate marketing. If you have ever dreamt of passive income, then this can be an avenue to earn it.
What is Affiliate Marketing?
The idea behind it is to promote other people’s products or services either on your website directly or through any affiliate network (explained later) and earn a commission when someone buys the product.
Affiliate marketing is entirely based on the principle of revenue sharing. For example, you have a product and want to sell it more; then you can offer an incentive to the people promoting and selling it on their website or other platforms. It is a profitable tactic that companies use to generate more customers.
On the other side, if you don’t have a product of your own, then you can choose to sell something that syncs with your belief and forte of your work. Does it seem complicated? Let’s discuss an example here. Upgrade to Subscription - Reading Program to unlock this content!This content is locked
- Now copy the code and paste it on a landing page
After adjusting all the settings, click on the share button to get the video’s embed link, which you can copy and paste on the webinar’s landing page.
- Add the chatbox to the landing page
As communication with the audience is crucial, embed the chatbox’s link on the webinar landing page to create a chatbox. Platforms like Chatroll or RumbleTalk can be used for this purpose.
- Share the webinar’s landing page on social media platforms to invite and email the webinar link to the prospective customers.
- Start your webinar by hitting the Go Live button.
Bottom line
The affiliate can range from 10,000$ a year to any number depending on your capacity to promote the product. It is advisable not to rely on this income in the initial phase, especially if you have to pay rent or run a household. However, once you set in the game, you can earn money through affiliate marketing even while sleeping.
Citations :
Power Words :
- Prospective
- Null
- Forte
- Sync
- Promoting
- Incentivise
- Tactic
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