In this post I’ll outline why affiliate marketing is a great skill to master and how you can use it to earn a sustainable side income just by working whenever you have a few minutes to spare.
How to Make Money In Your Spare Time with Affiliate Marketing
Affiliate marketing is one of the best ways I know to make money in your spare time.
It has several main advantages over most other secondary income streams, which usually require to work a minimum number of hours, during a specific time, or (god forbid) from an actual office.
Advantages of Affiliate Marketing
Write as much or as little as you want to. As long as you keep your site moderately active with just a few posts per week, you can scale your workload up or down as you need to.
Earn as much as you want to. There is virtually unlimited earnings potential with affiliate marketing…you just have to work for it.
Work from anywhere. Home, office, beach. It doesn’t matter where you are, as long as you have “the internets.”
Schedule your own hours. Work whenever you feel like. A half hour here, and hour there. Everything adds up.
A Post = A Dollar A Month…For Years
If you want to do a quick, back of the napkin math for how much you can realistically earn with affiliate marketing, you might use the $1 a post figure.
Obviously this number can change drastically depending on the industry, value of products you’re promoting, conversion rates, etc, but it’s a good guess if you’re just starting out.
$1 a post doesn’t sound like much, but think about it this way: that $1 pays out every month for the next several years and if you keep building your business, could grow over time and pay out indefinitely! So that post isn’t just $1, it’s really $60 or $100.
Slow and Steady Wins the Race
The biggest challenge people face when starting out with affiliate marketing is getting over that initial hurdle involved in developing a site.
Affiliate marketing is best used as part of a long term personal financial strategy. If you invest your time working for a month and then drop the project and never work on it again, it’s unlikely you’ll see any real results.
Instead, use the parable of the tortoise and the hare: slow and steady wins the race.
Take action by writing posts consistently, over time, and you’ll be able to overcome these initial hurdles and out-earn many of your competitors.
Are You Ready?
The question is: are you ready to make money in your spare time?
If so, you need can read this post on how to get started with affiliate marketing.
Wealthy Affiliate offers a free basic membership, so that’s probably your best bet to get started. Click here to access the free training!