While it often takes a significant amount of time and hard work to build up your affiliate income, if you have the ability to regularly publish high quality content that drives in targeted traffic to your website, this online revenue source can become quite substantial. Follow along with my experiment growing a completely new finance blog MoneyTalk, into an additional revenue stream for my business.
No Creation Or Maintenence Of A Product / Service: Creating your own product or service to sell is quite frankly a pain in the ass. It takes a lot of time, money, investment, and a slew of skills to make everything happen just right. Are you going to manufacture a physical product yourself? Do you have the funds to have someone else manufacture things for you? Or maybe you’ll sell a digital product like an e-book. Do you know how to market that e-book to actually gain a following and make money off of it? None of these are an issue with affiliate marketing. The product or service you want to promote is already made, maintained, and everything is handled for you. All you have to focus on is the marketing for it. 

Hey Jennifer, I don’t really know much about MOBE as I haven’t had personal experience myself but in terms of paying for a programs, i’ve had experience with the Six Figure Mentors. They teach people marketing and entrperneurial mindset stuff that I found invaluable. They have a paid tiered membership system that can be promoted on an affiliate basis. What sort of affiliate business are you looking to set up?

No Creation Or Maintenence Of A Product / Service: Creating your own product or service to sell is quite frankly a pain in the ass. It takes a lot of time, money, investment, and a slew of skills to make everything happen just right. Are you going to manufacture a physical product yourself? Do you have the funds to have someone else manufacture things for you? Or maybe you’ll sell a digital product like an e-book. Do you know how to market that e-book to actually gain a following and make money off of it? None of these are an issue with affiliate marketing. The product or service you want to promote is already made, maintained, and everything is handled for you. All you have to focus on is the marketing for it.


Targeted marketing. With access to such a wealth of customer data and an opportunity to keep an eye on customer buying habits as well as the emerging industry trends, eCommerce businesses can stay agile and shape their marketing efforts to provide a better-tailored experience and find more new customers. Just consider for a moment that you have a chance to address thousands of your customers by their first name; that is something already.

To create your own blog, you don’t even need a web domain. You can start a completely free blog on either WordPress or Blogger. Each of these sites has its ups and downs, but you can’t beat the price. You generally want to keep blog posts between 150-500 words until you have a few dozen under your belt. Links between your blog posts encourage people to stay on your blog once they find it, increasing traffic. Once your blog is up, promote it on social media for the greatest effect.
How many email newsletters are you bombarded with every single day? There’s a reason for that. Marketing to an actively interested group of email subscribers is one of the best ways to make money online. There have even been million-dollar businesses built from simple email newsletters like TheSkimm, or Mister Spoils. Each newsletter targets a specific type of user with interesting, daily content, while also partnering with relevant companies and affiliates to bring in extra money. If this seems daunting, it’s not. Tools like MailChimp, ConvertKit, HubSpot and AWeber make it easier than ever to get started with email marketing. And another great option to consider (with the largest free plan available) is SendPulse, with their ability to send up to 15,000 emails per month to 2,500 subscribers, and then affordable plans starting at under $10/month as you grow from there.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
Give something of value away. That's right. You need to give to receive and this industry is no different. Whether you are offering your best-kept marketing secrets or offering free training with new signups, make sure you are giving your readers something worth their time. It could very easily be the difference between making a sale or lugging around a website that nobody pays much attention to.
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