Affiliate Marketing Business Model.

13 replies
Hi dear friends,
I'm about to start hustling online and I have a question as a beginner.
I want to start an Affiliate marketing business, so is it still worth it in 2020 and years to come ?
Does it have a good profit margin now and in the next 4 years ? Is it a complicated business that is not for beginners? (i'm not 100% beginner, it's been Four months now that I have started discovering the online world, so I know some basics).
My plan is to start Affiliate Marketing with a Youtube Channel that provide good content (Youtube affiliate marketing), is it a good move or there is better strategies ?
The answers of those questions will help me a lot, help me save time, money and energy!
I really appreciate your help and advices !
Thank you.
#affiliate #business #marketing #model
Avatar of Unregistered
  • {{ DiscussionBoard.errors[11627925].message }}
  • Profile picture of the author Ismah
    Affiliate marketing is the best way to earn money. here promote the product in the social media and sell this product.
    {{ DiscussionBoard.errors[11627947].message }}
  • Profile picture of the author DABK
    It is worth it in 2020; probably will be in 2024 but I do not read the future.

    The profit margin depends on you; it can be very good.

    It is not complicated; it is hard, though.

    Youtube marketing is one of the many good ways to go. The devil's in the details.

    Look for Addams' free guide to make money with youtube in the warroom forum here (Tom's Newbie Guide Issue #1 : PPL Money - [2017] [AUG] [Content]). It will take you far. (You have to be a warroom member to see it.)

    It is a step-by-step to one way of doing it. Some of the programs he mentioned closed, but you can find replacements.

    PS despite what others wrote, affiliate marketing is not the best; selling your own products is.



    Originally Posted by Zac Ledger View Post

    Hi dear friends,
    I'm about to start hustling online and I have a question as a beginner.
    I want to start an Affiliate marketing business, so is it still worth it in 2020 and years to come ?
    Does it have a good profit margin now and in the next 4 years ? Is it a complicated business that is not for beginners? (i'm not 100% beginner, it's been Four months now that I have started discovering the online world, so I know some basics).
    My plan is to start Affiliate Marketing with a Youtube Channel that provide good content (Youtube affiliate marketing), is it a good move or there is better strategies ?
    The answers of those questions will help me a lot, help me save time, money and energy!
    I really appreciate your help and advices !
    Thank you.
    {{ DiscussionBoard.errors[11628000].message }}
  • Profile picture of the author Jamell
    Affiliate marketing is usually commission based but you still have to manage your over head.Digital marketing is here for the unseen future.I think Affiliate marketing is saturated but there is opportunity to connect and make sales. I think it's an excellent Idea to produce content and drive traffic to build awareness about yourself .
    {{ DiscussionBoard.errors[11628066].message }}
  • Profile picture of the author TobiMDD
    Originally Posted by Zac Ledger View Post

    Is it a complicated business that is not for beginners? [...]
    The answers of those questions will help me a lot, help me save time, money and energy!

    Hey,
    it's only as complicated as you make it. What I mean with this is that for example myself I struggled very hard for almost over two years with it.. I always spent money on all kinds of products within the make money online/ affiliate marketing niche..


    I tried one course- saw no immediate positive result and switched to the next thing etc etc.


    I lost over $3000 doing that and earned exactly $0 that time because I always thought there must be something easier, something better..



    I'm telling you this to give you the cold hard truth of how most people (I know that I'm not the only one) are when they start with affiliate marketing for the first time.


    The minority of people who start with it are successful right from the beginning. They struggle, they fail completely. Sometimes they give up, sometimes they learn and keep moving.



    I guess I can proudly say to myself I learned..


    Therefore here is my advice and please take it as serious as possible:


    As long as you don't overcomplicate it you can and will succeed.



    My mentor teaches the power of one. Which means you need to focus especially when you are starting out on one product which leads to a promising sales funnel - one traffic strategy - one way to capture and follow up with your leads.


    Keep it as simple as possible, focus all your attention to it, never get distracted from anything else and keep learning and doing these one things over and over even though you don't see immediate results.


    In your situation it means: yes youtube affiliate marketing with nice content is a great strategy - when you decide to do it - don't try to be an instagram and facebook and twitter power influencer at the same time - master youtube until you crush it and then you can think about discovering other ways and additional strategies :-)


    Hope that helps
    Signature
    If you feel overwhelmed by affiliate marketing click here to never struggle again.
    {{ DiscussionBoard.errors[11628326].message }}
    • Profile picture of the author Zac Ledger
      That helps me a lot my friend !
      In my situation, i can create good content on youtube that attract potential client.
      My only issue is that i need to generate some money just to feed my business needs and my needs also (400$/months maximum in total), while leading my business to succes.
      In your opinion, how much months my business need to start generating this small amount of money to help me keep pushing the wheel forward ?
      Hope my question was clear.
      {{ DiscussionBoard.errors[11628426].message }}
      • Profile picture of the author TobiMDD
        Originally Posted by Zac Ledger View Post

        In your opinion, how much months my business need to start generating this small amount of money to help me keep pushing the wheel forward ?
        Hope my question was clear.

        I can not give you an answer to this question because it depends on too many things.
        First of all it depends on the product/service you are offering.
        Personally I like to promote products/programs that can lead to commissions of $1000 or more per single customer.


        If you would promote such an high ticket offer you would only need one sale/ one good customer per month to reach your goal.



        However if you are promoting something for $30 without a sales funnel you would need to sell at least 13 of this per month.


        The irony is that the effort to sell a low ticket item and an high ticket item is almost the same because in both cases you need to be able to attract customers who want to buy from you.


        In the second scenario you would need 13 of these which can be very hard but also achievable depending on your traffic strategy which is youtube in your case - how many visitors can you attract through this process and how convincing are your videos? - will people like you and your content or not? will you help them to solve a problem or not?


        When you are starting a complete new yt channel you probably know that you most likely will not get any views at all in the beginning if you are not good at keywords/ and driving traffic manually.


        Therefore sorry that I can not give you a time frame it really depends on yourself (do you have discipline?), your work ethic, your product and your marketing skills.


        You can be lucky and get everything right from the beginning and easily reach your goal within the first month but most of the time newbies need way more to get some traction.
        Signature
        If you feel overwhelmed by affiliate marketing click here to never struggle again.
        {{ DiscussionBoard.errors[11628501].message }}
        • Profile picture of the author Zac Ledger
          You're answer is complete !
          It depends on the person. Not defining a frame time is the right answer.
          You helped me a lot with this explication, i know now what is the next step.
          T.h.a.n.k you my friend !
          {{ DiscussionBoard.errors[11628645].message }}
  • Profile picture of the author DwightRuffin
    Affiliate Marketing is the best and easiest way to make money online. I would recommend having multiple free traffic strategies (blog, YouTube, social media) as well as multiple paid traffic strategies (solo ads, google ads, FB ads). A YouTube channel is definitely a good place to start. You will need the right mindset. Be patient and consistent with your efforts. I'd highly recommend getting a mentor and joining a support community specific to your niche. There are high-quality training, support, and mentors available for free if you know where to look.

    Good luck and much success
    {{ DiscussionBoard.errors[11628853].message }}
    • Profile picture of the author Zac Ledger
      That is exactly what i'm trying to be; Patience and consistency.
      Can you tell an example of some free platforms that can help boost my youtube business ?
      {{ DiscussionBoard.errors[11628858].message }}
    • Profile picture of the author TobiMDD
      Originally Posted by DwightRuffin View Post

      Affiliate Marketing is the best and easiest way to make money online. I would recommend having multiple free traffic strategies (blog, YouTube, social media) as well as multiple paid traffic strategies (solo ads, google ads, FB ads). A YouTube channel is definitely a good place to start. You will need the right mindset. Be patient and consistent with your efforts. I'd highly recommend getting a mentor and joining a support community specific to your niche. There are high-quality training, support, and mentors available for free if you know where to look.

      Can you please read my posts before, I just told him to not over complicate it and you tell him to have multiple strategies lol
      To try and learn them all at once was one of the main reasons why I failed to make anything work for a long time..

      Let him learn one thing at a time and be perfect at one until he discovers the next strategy. Especially when we are talking about paid ads, you can and should absolutely not do google ads AND fb ads.
      However I highly agree with getting a mentor
      Signature
      If you feel overwhelmed by affiliate marketing click here to never struggle again.
      {{ DiscussionBoard.errors[11629229].message }}
  • Profile picture of the author monimulhaque
    I also want to start an Affiliate marketing business. For start Affiliate marketing need a proper plan with goal. All the comment are very informative.
    {{ DiscussionBoard.errors[11629032].message }}
Avatar of Unregistered

Trending Topics