How to Earn 7 Figures a Year without Ever Leaving Home?
Since the advent of the Internet, people have been interested in earning a living online. This idea has grown in popularity even more as a result of the lockdowns brought on by the COVID-19 pandemic. But how can you actually get started earning a living from home without risking all of your savings or going into debt to start a business?
There are many ways to earn a living online these days, from freelance work to full-time remote positions to running your own Etsy store or selling products on Amazon. I could probably list 100 different ways to earn a living online, but the #1 that I always suggest is affiliate marketing.
What Is Affiliate Marketing?
Affiliate marketing is one of the most common, but often misunderstood ways to create an online business from scratch with little to no upfront expense.
In a nutshell, affiliate marketing is simply the process of selling someone else’s products to earn a commission. That’s it.
Affiliate marketing means you need to promote the product on social media platform or affiliate website. You need to registered on the affiliate website & promote his product after that buyer will buy the product & you will get commission on that product. The commission is giving 50% on that product; sometimes you will get 80% commission on that product.
It depends on that which affiliate product you are going to promote. The commission is showing on that product when you are going to see for promote on affiliate website. After that get your affiliate link which you can see under the product when you hit the product link & promote any social media or Google.
When Affiliate Marketing is started?
The concept of affiliate marketing on the Internet was conceived of, put into practice and patented by William J. Tobin, the founder of PC Flowers & Gifts. Launched on the Prodigy Network in 1989, PC Flowers & Gifts remained on the service until 1996. By 1993, PC Flowers & Gifts generated sales in excess of $6 million per year on the Prodigy service in 1998.
Future in Affiliate Marketing
Affiliate marketing is booming now. In this lock down period it is growing huge. IAMAI (Internet and Mobile Association of India) has reported that the affiliate marketing industry in India would cross the $835 million mark by the year 2025. It fuels approximately 15% to 20% of total online sales. More businesses than ever are using affiliate marketing as a cost-effective way to reach targeted audiences. Annual spending in this industry is projected to reach $8.2 billion by 2022 in the U.S.
How It Works?
At its core, the process for earning money with affiliate marketing is pretty simple. You simply find a product to promote, get targeted traffic to that product’s sales page, and then you simply collect your commissions on any sales that you make.
There are many affiliate networks where you can easily find products to promote to start earning commissions. One I always recommend is ClickBank (https://clickbank.com), because it’s easy to get approved, there are tons of different products to promote, and most of the products pay out a hefty commission.
So that then begs the question, “how does one generate targeted traffic?”
There are tons of ways. Some of the most popular are Facebook ads, YouTube ads, SEO, native ads, social media posts, and that’s just to name a few.
But there’s a right way and a wrong way to have success with affiliate marketing. Unfortunately, most people do it the wrong way.
The Wrong Way
Many newbie affiliates will find an offer to promote, run traffic directly to that offer, and then sometimes they make a few sales and earn some commissions. That process actually CAN work out well sometimes if you find the right offer and get traffic cheap enough.
The problem with that approach is that it’s a “one and done” approach. You pay for traffic, make some sales, and then you have to repeat the process. But what happens when the offer no longer generates the same level of sales? Or what happens when your traffic costs go up?
You see, finding the right product and getting cheap enough traffic to turn a profit is hard enough to do in the first place. But even if you’re lucky enough to make it happen, it won’t last.
But don’t worry. There is a better way.
The Right Way
Don’t send your traffic directly to an affiliate offer.
You need to spend your traffic budget on building an asset that you own. Invest in growing an Instagram page, a YouTube channel, or my personal favorite…An email list.
When you build up your own asset, like an email list, you can use that asset again and again to generate traffic over and over to new offers. This is the secret that all expert affiliate marketers already know.
The 7 Figure Systems
There’s an expert affiliate marketer that’s earned 7 figures a year since 2010 using a simple system that anyone can follow to build up their own assets and start earning consistent, sustainable income with affiliate marketing.
Click Here to visit our website that explains exactly How the 7 figure system works?