In this article, we are going to look at the question, “Is affiliate marketing a good work from home business?”
In the current world, especially after the outbreak, many people are choosing to work from home by building their own online income.
There are many ways to make money online, but some can be very costly to get up and running.
What if I told you about an online business that you can run from home with zero inventory?
No need for packaging and shipping or handling customer issues.
A business that you can run 100% from home on your laptop.
It is also a well-established work-from-home business.
So, let’s take a look, “is affiliate marketing a good work from home business?”
Working from home is the future
With the current situation in the world, not many people can truly rely on traditional employment.
Numerous people have found themselves unemployed, having their hours cut, or being forced to work from home.
A lot of people are also choosing to move to more rural locations due to increasing problems in many urban areas.
It is also an ongoing trend that people are starting to prefer to do their shopping online.
E-commerce is booming and a lot of money is being made.
In fact, the future is looking set to be an online gold rush.
All of these factors indicate that the online world is going to play more of a central role in all of our lives.
What are the benefits of having a work-from-home business?
In my opinion, the benefits are the following.
Creating your own income.
This one may sound obvious to you, but, I’m not talking about becoming an internet millionaire or overnight success.
I’m referring to having a steady income stream that can protect you in the event of a job loss or perhaps a reduction in hours.
Of course, everyone’s aim when setting up an online business is to make as much money as possible.
But, having extra money coming in on a regular basis, or even replacing your job income altogether, is the main aim.
With today’s economy, relying on a job for financial security is risky, to say the least.
Setting your own schedule.
Working on a home business does give a fair degree of flexibility.
If you want to work 10 am till 6 pm, well, that’s up to you.
If you want a day off, then so long as you think it is wise, then why not?
Don’t get me wrong, running a home business takes discipline and hard work, but the flexibility is there.
Now, again, I‘m not saying that a home business is a guaranteed path to millions.
It can be, but, unlike most traditional offline businesses, you are not restricted by the foot traffic in your local area or store opening times.
Most internet-based businesses have the scope for revenue 24 hrs a day and a potentially global customer base
What Is Affiliate Marketing?
How it works is very simple.
Businesses that sell products and services via the internet require online traffic to their websites in order to make sales.
Amazon is a perfect example.
If no one went to the Amazon site, then no one would see their products, they would not sell anything and make money.
Well, this applies to almost every online business.
(Some may be promoting their offline business with a web presence)
With the current situation in the world, and as a general preference, many people are choosing to shop online for various products and services.
The competition for online traffic is becoming very fierce, to say the least.
This is where affiliate marketers step in.
Many well-known online companies have what is known as affiliate programs.
An affiliate program is where the company that sells the products pay commission to the affiliate for any sales that result from referred traffic.
So, if an affiliate posts a link to a shopping site and people go through and purchase goods, the affiliate gets a percentage of any sales that they refer.
Chris joins the Amazon affiliate program.
The program enables him to create special links that to link to any product on Amazon.
Chris posts the links on his blog and social media.
Whenever anyone clicks through those links they are taken to the product page on Amazon.
If they buy the product, or any others while they are visiting the Amazon site that day, Chris earns a percentage of the sale.
Here is the page that details the Amazon Affiliate Program
Most of the large and well-known online shopping sites have affiliate programs.
Here is a video from the Amazon Associates Program.
So What Do You Need And How Much Does It Cost To Do Affiliate Marketing?
To do affiliate marketing, all you need is internet access and the correct training.
There is no inventory or anything like that.
You are making money by referring people to other businesses.
There are various ways of doing affiliate marketing, the most effective way is to start your own blog.
But there are other ways, such as social media and YouTube channels.
The most successful affiliate marketers usually use a combination of various techniques.
Learning affiliate marketing can seem complex to new starters.
It can also be very expensive if the student chooses the wrong course.
Some pre-packaged courses can cost hundreds if not thousands of dollars.
Below I will show you below how to learn the basics without paying for courses or membership sites.
Conclusion, So Is Affiliate Marketing A Good Work From Home Business?
It certainly can be.
I will sum it up in pros and cons.
Very low start-up costs.
It is very possible to do affiliate marketing without a website.
Some affiliates operate purely by posting links on social media.
But it is more effective to have a blog so that the affiliate can produce content such as review articles that can be found by potential customers in search engines such as Google.
A blog is usually not expensive to start and maintain.
A domain name for your blog may cost $20 or so and monthly hosting may be in the region of $10 a month.
As I said, earlier, there are zero actual product inventory costs involved.
Work from anywhere and set your own schedule.
So long as you have a laptop and an internet connection, you can do affiliate marketing.
It is not unknown for people to do it solely from their mobile phones, but those are usually the people who only market via social media.
A lot of affiliates work from their couch or set up a home office in a spare room.
Your schedule is dictated by how much time you want to spend creating content and posting links.
If you wish to spend 2 hours a day, you can.
But, of course, the more time you spend creating content and posting links, the more potential you have to make revenue.
Some affiliates work part-time, and others treat it as a full-time job.
Learning the skill set.
Affiliate marketing has a learning curve if you wish to become successful.
There is a lot of terminology to learn, as well as new skills such as SEO (Search Engine Optimization)
This can be expensive if a person buys a prepackaged course or past for a monthly membership at a training site.
A pre-packaged course can sometimes run into hundreds if not thousands of dollars and membership sites typically run from $50 to $100 per month.
It can take time to get established.
In order to do affiliate marketing on social media, it takes time to build up a following.
To set up a blog, create content, and to get your blog articles ranked in Google etc, also takes time.
It is simply unlikely at best that you can start affiliate marketing and quit your job within a week or two.
Could you achieve a good consistent income level within months?
But stay away from any courses that promise you large amounts of income in short spaces of time.
They either use dubious techniques that will get you banned from affiliate programs, or they are flat-out lying.
So, my answer to the question, “is affiliate marketing is a good work-from-home business?” is yes!
A great one in fact, but as with any business venture, it takes time to set up and to become proficient enough to create success.
The amount of money you can make is varied and dependent on a multitude of factors, such as the type of products you promote and commission rates etc.
But, rest assured, a lot of people make a full-time living, and others make a little bit of extra money each month.
Yes, of course, there are people who make very large amounts of money.
Some affiliates make 6 or even 7 figures per year.
But they also treat it as a full-time business, and not something they dabble with on their couch in their spare time.
To sum it up, it is a great work from home business, and the potential to make money, large or small amounts, is there should the individual affiliate put in the work.
“Is affiliate marketing good work from home business?”
In my book, I include a step-by-step guide to affiliate marketing.
It covers some of the basics and also goes into great detail on working for yourself as a home-based solo entrepreneur.
The link below will take you to the information page that lists the contents of the book, and also details the section on affiliate marketing.
Lone Wolf Entrepreneur Handbook
Available On Amazon + Google Play + Apple
Many entrepreneur books are full of fluff about making millions and living the jet-setting lifestyle.
Few of these books actually tell you the truth about what it takes to be an entrepreneur.
When becoming an entrepreneur, you become your own boss.
This entrepreneur handbook will show you how to become the boss you need for yourself and not the boss you would like.
It covers everything from finances, mindset, traits, marketing, skill sets, a step-by-step guide to setting up your online business presence, and much more.
It is a book that every solo entrepreneur should read.
Visit the page below for more details and a full list of contents found in the handbook.
Other Articles You May Enjoy
Just about everyone today is glued to the internet in one way or another.
They may be trawling social media or the web on their smartphone or sitting on their couch watching YouTube.
Take a moment to consider just how much time per day you spend staring at your phone while checking out something on the internet.
Yes, social media counts!
But how do you earn your share of money from the internet?
Let’s take a look at ways to make money online.
In this article, we will look at how to make money with your affiliate marketing skills.
The skillset you learn from affiliate marketing can also be applied to many other online ventures.
You can, of course, use the skills to promote your own products.
You can also use them to help offline businesses start and build their online infrastructure.
Affiliate marketers have some of the best online skills
In this article, we will look at what I, and many others, consider to be the best online home business for beginners.
I will also link to free training.
It is a short and to the point read.
Check Out The Lone Wolf Entrepreneur Resource Page
More platforms coming very soon and an app is in development!
Please Share This Article and Follow On Social Media Using The Buttons Below