Everyone likes to get rich. It’s the part where you’ve gotta work for it that no one likes.

You wake up every morning to go to work, thinking about how people who get to sleep in are the luckiest in the world. And then you remember that you’ve got to earn. If only there was a way for you to get rich while you slept in.

Enter affiliate marketing.

What is Affiliate Marketing?

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Imagine your friend has a business. They own a restaurant. Your coworkers are looking for a place to get lunch. So you refer your friend’s restaurant to your coworkers saying that it’s a great place to get lunch. Your coworkers go to that restaurant, eat and meet the owner who is your friend. They tell your friend that they’re your coworkers and the next day your friend thanks you for telling your coworkers about their restaurant.

What a great story.

Now imagine, instead of your friend thanking you, they promised to pay you a commission of the sale, each time you referred a coworker or someone else you know to eat at your friend’s restaurant.

You go back, spread the word some more and you go home, maybe take a nap. When you wake up, your bank balance has gone up. Your friend calls you up and notifies you that they have credited the commission of the sales to your account.

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There you go. You got rich while you were sleeping. This is the basic nature of Affiliate Marketing. But now it’s even easier; much much easier than what you had to do in this restaurant story. Let’s dive right in and find out why.

How to do Affiliate Marketing?

It’s quite simple. Most organizations offer free online Affiliate Marketing or Referral Marketing programs for you to sign up. Once you sign up you’re given a referral link that you can post on your website, blog, e-commerce site or social media platform or even send out in an email.

When someone clicks through this referral link and makes a purchase, a percentage of that sale will be credited to you as a commission.

So you can be sleeping, eating, watching a movie, relaxing, doing whatever you like, and you’ll still be earning money.

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This is basically how it works

How to get rich doing Affiliate Marketing?

With a normal job, getting rich takes time and you have to attend work everyday, 9-5, with minimum vacations. Even if you started your own business, you would still need to create a product and be able to afford the necessary tech.

But with Affiliate Marketing all it takes is a little effort to get rich. You wouldn’t have to work 9-5 or create a product or business from scratch.

Here are 4 great tips and tricks to be successful and get rich with Affiliate Marketing:

#1 Create a realistic plan

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Outline your marketing platform, how you’re going to post, how often you’re going to post, how you’re going to keep views consistent, your content strategy, your goals and how you will measure results of the program.

Intimidating isn’t it? Yes, it is.

The good news is, you don’t have to plan that far ahead or plan everything at once. Start with a basic plan; basic strategies and basic goals. It’s okay to start small as long as you follow the other tips mentioned here to grow fast.

Just make sure that you focus on achieving the outlined goals.

#2 Be well-versed about the product

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This is a no-brainer. Obviously if you’re going to market something and be good enough at it to get rich, you need to know what you’re marketing. For this, reach out to the support team of the company that you’re marketing for, talk to them about their differentiation strategy, how they themselves market their product, their target audiences etc.

Moving on from this, you need to do your own homework too. Research on your own about the optimum marketing strategies for the type of product that you’re marketing, what the best channels are, who the best audiences are etc. Learn about the technical aspects of using the product, the trends in the industry and how efficient this product is.

Trust me, it will all help you gain an edge over other affiliates and other products and lead more buyers your way.

#3 Study your competition and be unique

The previous point leads us here. While doing your research, peek into other affiliate sites, you can even look up affiliates sharing their experiences. This does two things. The former helps you catch up with affiliate marketing trends. The latter helps you learn what to expect in this affiliate marketing journey. It will also give you insight into what you need to do if you want to be unique and stand out.

There are loads of businesses that offer affiliate marketing programs and even more affiliates who sign up for these programs. Competition is tough but with a little creativity and proper identification of what buyers seek in a product you can easily stand out and create an audience.

And your creativity can use a little push. This push can be found by looking to what other affiliates are doing and what experienced affiliates have done. Don’t get me wrong, it’s not a hostile, all-out battlefield. Talk to other affiliates you know or online and find out what you need to know.

#4 Believe in yourself and love the process

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Dude, it’s a method of income that lets you keep earning even while you sleep. What’s not to love?

Seriously, though, loving the process is actually the magical ingredient that just makes this recipe work. When you love something you’re doing, you tend to show more determination, dedication and commitment. When there’s more of that, then there’s more brainstorming, more creativity, more research. In turn, more of those, lead to more of results. And more of results mean more of earnings.

Simple as that. Really.

So choose a product from an industry or field that you’re genuinely interested in. For instance if you love gaming, try marketing for console companies or game manufacturers.

It’s easier to exhibit knowledge and enthusiasm, that way. And knowledge and enthusiasm make up the life blood of a good affiliate marketing strategy that can make you rich.

Here’s a list of the best affiliate marketing programs offered online right now by businesses worldwide. These programs are the highest paying when it comes to beginner affiliates so this would be a great place to start.

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Get closer to a field that you already love

That’s it for today, but….

If you’d rather find yourself a great job, then here are 5 tips to find work in this COVID-19 era.

If you’re rather interested in starting your own business, why not go green with these 6 green business ideas?

Want some inspiration on that green business idea? Here’s an interview of the youngest entrepreneur from my home country, Sri Lanka. Read his story on how he launched his startup as a 16 year old!

Affiliate Marketing has made businesses millions and ordinary people, millionaires.

Bo Bennett

Thank you for the read! Hope you have an amazing weekend. Don’t forget to follow Snow Tree on Facebook and Instagram for quizzes, AMAs, Behind-the-scenes, motivational videos, lifestyle and hobby captures and more! If you liked today’s post, share it with your friends and leave a comment below!

See ya!

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Anuththara Peiris

Writer, Researcher, Content creator.

2 Comments

MSDP · June 6, 2020 at 6:02 pm

Extremely helpful ! 🙂

    Anuththara Peiris · June 11, 2020 at 11:02 am

    Thank you! Keep reading 😀

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