Affiliate marketing is a business I consider the fastest and simplest way to start an Internet business – especially for those new to online business and Internet marketing. Almost every online business Guru does one form of affiliate business or the other because it is actually the lazy man’s way to internet wealth.
EXPLAINED: Affiliate marketing the Lazy Man’s way to Internet Wealth
Every week, I get e-mails asking me what's the "best way to earn money online". While there is no "best" way to earn money online, promoting other people’s products online is the Lazy man’s way to internet wealth.
I bet you, it’s something you “already” do but you were not appreciated. Affiliate marketing is simply recommending people you know (or may not know) to buy someone else’s product that will solve their particular problem for them through a special link given to you by the owner of the product. And you get paid a commission!
You already practice affiliate marketing in your every day live without knowing but you don’t get paid for it. You do it when you recommend someone to the best eatery in your city, best carpenter to do a small wood work job, place to get the best and cheapest pampers, best vulcanizer in your location etc. You do all these and more offline.
But when you do this online, it is called affiliate marketing and you can get paid as high as 45% commissions through a systemized affiliate tracking system, where a software is already programmed to record all sales done through your unique affiliate link.
The HOW: Affiliate marketing the Lazy Man’s way to Internet Wealth
Affiliate marketing is the best way for a newbie to make money online. If you don’t have a product or product idea or website, you may become discouraged about the whole idea of starting an Internet business. But the truth is, you CAN make a huge amount of money online with 90% of the hard work, already DONE for you…even without having a single product of your own.
But what makes affiliate marketing so desirable, a lazy man’s way to mega online income - and really separates it from other business models - is what you DO NOT need to have in place...
1. You don't need to create your own products. 90% of Nigerians who want to start and run an online business discover that creating their own products is a daunting, overwhelming and even paralyzing task. I don't have any good ideas! I'm not a writer! I don’t know what product to create! There's too much competition! I don't know how to set everything up! These are just a few of the valid reasons many people have when it comes to not getting their own products to sell. BUT, with affiliate marketing, you don't need your own products! You simply promote someone else's already proven successful offer for a commission.
2. You don't need to build a website. This is terrible! What scares people more than creating their product is building a website! You see a beautiful website you admire, you want that kind of website but where the heck do you start? What in the world is HTML? How much does it cost to have a website like that? How do I upload files? Why don't my pictures look like the ones the pros have? How can I get ebook covers for my product idea? These are discouraging hurdles many Nigerians face and hiring a professional to do it for you is out of the budget for most people. BUT, with affiliate marketing, you don't need to build a website! You simply create a blog with free software and send visitors to someone else's professionally designed site through your affiliate link.
3. You don't need to write a world class salesletter. Have you ever tried to write a salesletter that sells hundreds of copies of your product? There's a reason why professional Nigerian copywriters charge up to N150,000 (and sometimes even more) for a SINGLE salesletter. It takes a lot of experience and skill to write a top-gun salesletter, which is why most people have a hard time convincing people to buy if they do create their own products and website. They simply don't have the right salesletter in place to make it all work. BUT, with affiliate marketing, you don't need to write a salesletter! You simply direct people to someone else's already best-seller to convert THEM into commissionable sales and you get PAID
4. You don't need a big budget to make it work and you don’t need to manage an entire business. Do you have any idea how much money is spent running an internet business? From domain names, hosting, autoresponders, affiliate tracking software, marketing on facebook, development, customer service and much more? You could be spending up to N100,000 monthly - which is fine if you've been in business a while and are making it BIG-time. But for someone who is not, that is heavily taxing on your budget! BUT, with affiliate marketing, you don't need a big budget to make it work! You can start this business anywhere from N30,000 and above.
Another thing is having an online business can be a lot of extra work and stress with so many free reports, articles to write and post on your blog, design banners, write follow up emails, attending to angry customers, inventory, even employees. BUT, with affiliate marketing, you don't need to manage an entire business! All that work is already DONE for you cost-free! All you need do is simply promote your affiliate link... someone else handles all the rest.
Lazy Man's Income Potential with Affiliate Marketing
Okay, so now you are interested in this online business model, but how much can you make from affiliate marketing and how do you get paid?
Valid questions. Let’s assume you are getting 45% commissions for a product sold at N4,900 and you sell just 10 copies per week. How much do you make from that?
1 product at N4,900 at 45% commissions = You make N2,205
10 products per week at 45% commissions = You make N22,050 per week.
4 weeks in a month (N22,050 X4) = You make N88,200 as an extra income
What if I told you that you could be making at least N13,000 per day. Would that be sweet enough for you?
3 products per week at a total of N13,000 per day (45% commissions) = You make N39,000 per week
4 weeks in a month (N39,000 X4) = You make N156,000 as an extra income
Boy! Is this possible online? Yes. Are other Nigerians already making such income from affiliate marketing? Yes and and here are proofs of affiliate incomes and how to get started to do the same too.
So how do you get paid?
Do you have a bank account? Like GTbank, Firstbank, Diamond bank etc? As long as you have a Nigerian bank account, your commissions are paid directly into them every single month like clockwork! Can you now see why affiliate marketing is the Lazy man’s way to internet wealth? ;)
You can get detailed information about this Affiliate marketing Done For You business and how to get started at the link above.
If you've enjoyed it or learnt something new and beneficial, then join my FREE online business newsletter so you can get tips and updates of new posts right inside your email about smart ways to make money online in Nigeria by filling the form at the top right hand corner of this blog.
N22,050 per week. All that work is already DONE for you cost-free! All you need do is simply promote your affiliate link... someone else handles all the rest.
