An easy side hustle to make $1k/month (and EVEN MORE)

Hey entrepreneurs!

What an exciting day to dive into the world of affiliate marketing! Today, we're unpacking this business model, exploring how it works, what it takes to succeed, and actionable steps to help YOU kickstart your journey towards earning passive income online.

What is Affiliate Marketing? Affiliate marketing is a biz model where you earn a commission by promoting other people's (or companies') products. You earn a commission for every sale or action that occurs through your referral link. (look below to see what “commission” means) It's like being a brand ambassador for products you believe in.

Why Choose Affiliate Marketing?

💼 Low Barrier to Entry: You can start affiliate marketing with LITERALLY 0 bucks and without needing to create your own product.

📈 High Potential Earnings: With the right strategies and audience, affiliate marketing can lead to significant passive income streams. Although-don’t get too excited, it’s going to take A LOT of dedication and consistency, but that’s the beauty of it all.

💻 Flexible Lifestyle: Work from anywhere and set your own schedule; all you need is a phone (yep, you don’t even need a laptop) and internet connection. It’s crazy how easy it is to start your own business these days, right?

How to Succeed in Affiliate Marketing:

Define Your Niche: Identify a specific niche or industry where you have knowledge or passion and focus your affiliate marketing efforts there.

Build Your Brand: Establish a strong online presence through a website, blog, or social media platforms to attract and engage your target audience. (TikTok and other social media platforms work the best and you’ll see the fastest success rates there)

Offer Value: Create high-quality content that provides value to your audience and promotes affiliate products genuinely. (TIP: Look into some of affiliate TT accounts to find some inspiration and to see how it works)

Keep Searching: Stay open to new affiliate offers, new trends in social media and new ways to promote your affiliate links.

Most-Used Keywords in Affiliate Marketing:

Conversion Rate: The percentage of people who take the desired action (e.g., make a purchase) after clicking on your affiliate link.

Commission: The amount of money you earn for each successful referral or sale made through your affiliate link.

Affiliate link: Your unique link that you get for every product you are trying to promote. If someone purchases USING YOUR link, then you get the commission, otherwise-you stay poor, oops.

Traffic: The number of visitors or users who visit your website or click on your affiliate links.

Affiliate markeplace: A place where affiliates like you can find the best up-to-date offers and products for every niche.

Tips for Success:

Best platforms for affiliates: These platforms are a life-saver when it comes to finding products to promote. The most popular ones that even I used are: Clickbank, Digistore24 and Impact (best to promote big companies like Shopify).

Test and Track: Experiment with different affiliate programs, products, and strategies, and track your results to optimize your efforts.

Provide Value First: Focus on providing value to your audience through helpful content and recommendations, rather than solely focusing on sales. If you’ll be needy-no one’s going to buy.

Stay Authentic: Only promote products or services that you genuinely believe in and would recommend to others. Ask yourself: would you buy this product yourself or are you just promoting it for the sake of making a quick buck? (this question saved me from failure)

Top Affiliate Marketing YouTubers to Watch:

Wisdom Speaks (has videos about multiple side hustles but a lot about affiliate marketing)

Dan Korsby (has MULTIPLE 1+ hours videos about afffiliate marketing)

Sara Finance (she’s a 22 year old multi-millionaire that has some fire videos about how she succeeded with affiliate marketing)

If you enjoyed today's edition, share it with a friend and invite them to explore affiliate marketing with you. Like I’ve said before- there’s nothing better than having a friend who is on the same path as you are.

Got any questions? Hit reply and let's chat!

As always, remember: consistency is key to unlocking your affiliate marketing potential!

-Herkus