What is the best way to make money with Affiliate Marketing (A/M)? The best way is to learn Affiliating marketing first. Is it easier than winning the lottery? In this article, you will understand the difference.
If you don’t understand this business model it is easy to dismiss the opportunity and act as though it is a get-rich-quick scheme. It is far from that!
Proper A/M Business is really a business. To be clear, we aren’t talking about network marketing or multilevel marketing pyramid schemes.
If you associate with true affiliate programs that teach get-rich-quick schemes, then you need to learn about the best platform for affiliate marketers. I will provide some context on that in this article as we look at how easy this business concept is and how you can create an affiliate income with some proven system.
Winning The Lottery Is Luck
What about the lottery? To be frank, the lottery is a get-rich-quick scheme.
It is what it is and there is nothing that can change that because the lottery is not a business for individuals. The lottery is a game.
You do not work to build it, and you do nothing to make the money. You simply play the odds and hope that you are a winner.
What are the odds of winning the lottery?
There are various lottery games you can play. A popular one is the Pick 6.
In this game, you have a 1 in almost 14 million chance of winning the jackpot. There are 49 numbers you can choose from for your pick 6. This obviously provides a large number of chances.
Which Lottery Game provides the best chance of winning? The French Lotto has Odds at 1: 6.
The lotteries with the biggest jackpots offer the best odds. The Mini Lotto (Poland) has odds of 1: 850,668.
I came across a really good website if you are wanting to learn more about lotteries and odds.
Affiliate Marketer Is A Business
I have always felt that Being an Affiliate marketer is the best way to succeed. Not as an employee or a get rich quick scheme, but as a business.
If you set up a website for this type of marketing purpose, without knowing what you are doing, then you are treating it like the lottery and will not make any money. However, if you work hard to build your affiliate business, with the right strategies and techniques, then you are doing it right.
It’s like with any other business or occupation. You don’t feel entitled to be a doctor and think you can start performing surgeries without the proper education. Therefore, you don’t want to take on a marketing business without the proper education either.
Too many people feel a sense of entitlement when it comes to online opportunities. They think that because something is available to them to help build a passive income stream, and that opportunity is online, it’s less ‘real world’ and therefore like a game.
Being an affiliate marketer isn’t a game. The lottery is a game. An affiliate business, selling affiliate products doesn’t rake in the profits without you putting in the effort.
It is true that marketing these businesses can be built up to the point that they produce overwhelming results with still the same amount of effort. For example, you work long hours to continue building your business for one week, and you have a passive income stream of $200 a week thus far.
Then months later, you find yourself making $1000 a week for the same amount of work. One thing for sure is that you better stay working hard at it, and keep learning and get creative. Another thing for sure is that being an affiliate is nothing like the lottery, and winning the lottery isn’t easier.
I laid out the odds of winning some lottery games. I also referred you to a website that deals strictly with that.
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The Odds As An Affiliate Marketer
I can’t tell you what the odds are for affiliate success. I can tell you that millions of people are in this business right now.
Even with just a little bit of effort, you can make more money than you spend. This is because affiliate programs, for the most part, are free to join.
They provide you with products, marketing materials, and training. They pay you commissions for performing specific actions such as getting a website visitor to click on add, fill out a lead form, or buy a product.
I think the one big difference between winning the lottery and being an affiliate marketer is you have control over your outcome. If you want to put in the time to learn how to market your products the right way, and then follow through on a consistent basis, you will make money.
If you don’t want to do that, you can join affiliate programs all day and you will never make any money. It’s really just the same as if you buy lottery tickets every week and stand very little chance of ever winning.
What You Need for This Business
Email List
Why do you need an email list? if you want to have customers on-demand then building an email list is important to your business.
It allows you to send them emails at any time without having to wait until they come back to your site again. You can use your email list to increase affiliate sales by sending targeted emails to your subscribers.
Affiliate Networks
Affiliate networks are very important to your affiliate business.
This means you can connect to other affiliates who sell the same type of product or service.
When you sign up with an affiliate network, you’ll automatically be connected to thousands of affiliates around the world.
These affiliates will offer their products for sale under your name.
All you have to do is promote their products and earn commission sales when someone buys them. Two Affiliate networks that are popular are Amazon Associate (Amazon Affiliate) and Commission Junction or CJ Affiliate.
Content Marketing
Content marketing is the best way to drive traffic to your affiliate products and increase your affiliate income.
If you create high-quality content, you’ll attract more visitors to your website. This will lead to increased sales.
Your goal should be to write articles that are helpful to your readers. make sure it has a catchy SEO title, meta description, and nice images throughout your article.
Write about topics that interest them so that they keep coming back for more.
Make sure you include your affiliate link to your affiliate products in your article. You can also add your affiliate link and the end of your blog post.
Once you start getting visitors to your website, you can add a link to your affiliate product to your sidebar. This will allow your visitors to purchase your products right away.
Social media is another great way to generate traffic to your website, and Affiliate Partners to build your brand. There are a lot of social sites like Facebook, Twitter, Pinterest, Instagram, etc.
You can post interesting articles and videos on these sites and get a wide range of traffic to increase your conversion rate.
One of the most powerful ways to use social media is to share affiliate offers, to increase your affiliate revenue.
Your Affiliate Dashboard
Why is your affiliate dashboard is important? The dashboard is where all your affiliate earnings go. It shows how much you earned each month, what percentage of your monthly earnings came from commissions, and how many referrals you had.
To track your affiliate earnings, you must first register for an account with the affiliate program. After registering, you can log into your dashboard through your affiliate program dashboard. Here you can see your total earnings, commissions, and referral count.
In addition to tracking your affiliate earnings, you can also monitor your performance using the reports section. Here you can find out which products are driving the highest conversions.
You can also view your top-performing affiliates, and even compare yourself to others. By comparing yourself to others, you can learn how to improve your performance.
How Can I Get Started As A CJ Affiliate Marketer?
CJ Affiliate is one of the largest affiliate programs available today.It allows you to join as a publisher without any experience. As long as you meet certain requirements, you can begin earning money immediately.
Requirements:
• Have at least $25 in your bank account
• Be 18 years old or older
• Have access to a computer
• Have a valid email address
• Have a PayPal account
• Have a credit card
• Have a valid driver’s license
• Have internet access
• Have some basic knowledge of HTML
How to become an Affiliate Marketer
The way to become the best affiliate Marketer is to educate yourself on the ins and outs of this business. What you’re really doing is learning the skills that you can apply to your business.
That’s the best way to make it as an affiliate marketer. However, you do have to take what you learn and go out and put it into practice on the Internet.
The combination of education, skills, and effort takes all of the chance of succeeding in affiliate marketing. It virtually guarantees you will be a winner as an affiliate marketer!
Final thoughts
No, the odds of winning the lottery are not easier than making money as an affiliate. However, there are just as many people playing the lottery every week, and not winning, as there are people joining affiliate programs and not making money either.
PS: No credit card needed!
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Very interesting comparison! I find it helpful and gives me a better perspective of affiliate marketing. I think that many people think of making money online to be in a similar category as chances of winning the lottery, whether consciously or subconsciously.
Any real way of making money that will pay you potentially for life will obviously take a little work up front but may have the potential to not take much work keeping it going on the back end once its established. I think affiliate marketing is the perfect place to start.
Great insight & point of view!
Cameron, thank you for the comment and your input that is well received. Affiliate Marketing is changing lives and I am glad to know that you are part of that.
It might sound like a nonsense or a very good scam, but in reality it actually works. Yes it will take a lot of time and efforts, but it’s duable even if you have job or kids and they occupy most of your free time. Just check out wealthy affiliate, you don’t have to pay anything, just observe the training program and community and then make a choice.
Hey Rich, glad that you agree that Affiliate Marketing do work. The training in Wealthy Affiliate did help me to get started and I am using it today to walk away from my full-time job that i love very much. Wish you all the best and let’s help others to have the same success as well. Talk to you soon.
Well, I would agree with you that affiliate marketing is more credible than winning the lottery. Firstly, the chances with lottery are almost less than 0.1% of success and anyone would not like to stake on such odds because it is in no way beneficial to them personally or to their budget. However, some may get lucky. But with affiliate marketing, everything is in accordance with your level of work.
You decide whether you want to be wealthy with it or just play around. Affiliate marketing can really make a huge sum of money but it has to be done right even though it is getting crowded these days but that does not demean its legitimacy. It is still the best means to earn a living online
Playing the lottery was never my cup of tea although I have lots of my friends who see nothing wrong with taking the chance a few times on a weekly basis. For me, I rather bet on something that I know brings results even though it may be small in the beginning.
Once you get a ratio working for you, you can always scale it to the amount of money you would like to make. That may include more time, investment or strategies that started the ration in the first place. Affiliate Marketing does give you that flexibility to work towards and it is very rewarding with the help and training here at Wealthy Affiliate.
Hello there, thanks for sharing this wonderful post. So many people do not really understand how cool and simple it is to make money from affiliate marketing compared to the lottery. Looking at the growth in the affiliate marketing system, it’s quite obvious that it is one of the coolest means to making money online, but making money from affiliate marketing requires some training and that’s where I see Wealthy Affiliate as a very important aspect of learning these means. Nice being here.
Being a member here at Wealthy Affiliate does take away the guesswork into Affiliate Marketing, and the training is so simple that if anyone implements in their business, they must see results as I and many others did.
Good to see that the numbers are growing because people are getting to realize that they have to put in the work to get results. Thank you for your take on this.
You see I have to agree here with your say. I have seen a couple of times when people say that all online businesses are gambles and they are not real. For affiliate marketing, however, I believe that it is pretty different. Like you have said, the odds all depends on how well one can put in the effort to make it work. Getting good training on it all is also very paramount and you have stated Wealthy Affiliates as the right platform for that. Nice post.
Thank you for your insight here. Having the knowledge to be part of an Affiliate is key to running an online business, and once you are willing to take the class and learn the process, you will see the results like others are experiencing. It is good that we have a platform like Wealthy Affiliate to take us through the process.
It true that Affiliate marketing is not like a lottery that can be won without any efforts, Affiliate marketing demands proper Time dedication and hard work to make it a profitable business, over time, it’ll get more and more easier than it was when you started and trust me, you’ll make a lot of money. When I went into Affiliate marketing, I had the mindset of making quick money but I discovered it doesn’t work like that, I joined Wealthy Affiliate and I received what I’ll call a proper training and I’ve been using it up til now.
The comparison is very nice and fair ala, the lottery is the direct opposite of Affiliate marketing because one is effortless and the other demands maximum effort. Success takes time, it doesn’t come as an overnight success. Thanks for sharing this article, it’s really interesting.
Hey Jones, happy that you agree with me that Affiliate Marketing the best place to start for the best results. And if one decides to put in the time and the work, they would get the results.
Wealthy Affiliate is the best platform to get the training for your business. And it does not matter what business you are involved with. They teach the step by step process to optimize your website and get the traffic you need to make the sales. wish you all the best as you continue your journey with this platform.
You draw a great comparison with taking part in the lottery. Interestingly, with odds of fourteen million to one of winning, it is surprising how many actually play the games on a regular basis. I think it is down to ‘hope’. You buy your ticket every week in the hope that it will be you that wins. Your only input is the purchase, after that, it is out of your hands.
With affiliate marketing, you can influence the odds because you have the opportunity to actually take part. The way you can shorten the odds is in direct proportion to the amount of work you put in. You can further increase your chances by following the right path. There are many ‘schemes’; out there that will promise you success in a short space of time but in truth, as you have said, this is not the way forward.
It takes time and hard work. Having the right guidance and tools when it comes to setting up your online business is of paramount importance and in no way should be treated as a ‘game’.
The odds are crazy with playing the lottery and there are so many people who participate with this on a daily basis. The good thing with Affiliate marketing is you put in the work at the beginning and your business start to brings in the money on a continuous basis for a long period of time for as long as you decide.
Yet we ignore this and focus on other things like playing the lottery that we have no control over with no guarantees. With the right training I believe that affiliate marketing will always bring in better results and the odds are way better than the lottery once the work is applied as you mention. Thank you for your insight here.