Earning money in paradise

Is Affiliate Marketing Still An Effective Way To Earn Money

Well, here I am again discussing the pros and cons of affiliate marketing. The first thing I want to talk to you about is whether or not affiliate marketing is still an effective way to earn money.

But first allow me to introduce top affiliate marketer (and internet marketer), Neil Patel. Check out what he has to say about making a living from affiliate marketing.

Banned States

Let's do the bad news first.

You may or may not know that there are states in the US that do not allow you to become an affiliate for companies like Amazon.

At the time of writing, all the states listed below have a ban on affiliate marketing, they include:

  • Arkansas
  • California
  • Colorado
  • Illinois
  • North Carolina
  • Rhode Island
  • Connecticut
But the truth is, most people who have affiliate programs aren't big corporations.

They are people like you and me who created a product and want other people to promote it.
What's more, you're likely to make a lot more money promoting products from individuals who are not part of a super large corporation like Amazon, anyway.

However, if you are not in a banned state you certainly can be very successful as an Amazon affiliate.

So, this should not affect you at all. You can still become an affiliate marketer and probably become even more successful by not wasting your time with low profit margins offered by some of the huge corporations.

So, is it worth it?..

The answer to that question is an absolute YES!

It's a great time to become an affiliate marketer. While in the old days, it was probably a lot simpler to throw up a mini site and promote products you never used, intended to use, or cared about -- today affiliate marketing requires a whole lot more effort and honesty on your part.

Which, as far as I am concerned, makes it an even better time than ever to embark on becoming an affiliate marketer.

A career in affiliate marketing requires marketing skills and knowledge of your audience including their needs and desires (sell to a hungry market). Plus, a high dose of honesty and integrity.

To be a great affiliate marketer you'll need to learn the ins and outs of online marketing, where to find and connect with your audience and how to convert your audience into buyers.

What To Do First..

For those of you who want to become an affiliate marketer who makes enough money to quit your boring or stressful day job. The very first thing you MUST DO is....please, DO NOT quit your day job just yet.

No, the best way you can start this on a very part time basis and given time, effort, focus and commitment work your way up to replacing and exceeding your monthly salary.

Once you get that far, and are able to maintain it on a month to month basis, you then have the choice to stay as you are and have your affiliate marketing income as supplementary or become a full-time marketer.

It must be said, that the amount of money you can make with affiliate marketing is truly unlimited. You write your own ticket, give yourself raises when you want to, and you will see a return equal to your efforts.

I recently had the pleasure of talking to a well established affiliate/internet marketer. He told me in the last 3 months he had put $100,000 away as savings!
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Affiliate Opportunities

If you want to make money promoting other people's products and / or services and to make a commission on every sale, there are so many opportunities that I could never list them all here, there are literally hundreds and hundreds of them.

However, I will say the a VERY Popular Niche is : Make Money Online. As are Weight Loss and the pet Dog niche.

It wouldn't matter if I did list them all anyway because you should promote products and / or services that are unique to your target audience, remember, seek a hungry market, the three I mentioned above are good examples.

Affiliate Marketer Skill-Sets

You'll need to learn how to develop a website that attracts traffic or get a pre-built one. Learn how to generate traffic; this is crucial (no traffic, no income).

Create (buy/edit plr) content that speaks directly to your target audience whilst building a relationship with your customers enough that they trust and follow your recommendations of what products they need to purchase.

make money online
In my next posts we'll talk about all of these points and how to understand your audience and what they are looking for.

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