How would you like to have your own store, but not have any product that are actually yours! And you still make money! And be completely legal! Well it may sound like a scam, but it is what we call affiliate marketing!
Many businesses that you enjoy shopping at already have the ability for you to be an affiliate with them (some call it associate marketing). Great places like Amazon.com and Ebay.com. There is a plethora of companies out there that will let you be a part of it!
The idea of affiliate marketing, is that you build a store linking your website to the products that are listed on the companies website. The cool thing is that you do not have to touch the product. In fact you do not have to do anything except build the website and send people there! Once they buy…you get paid!
They key is finding something that you like and promote it! Promote it! Promote it! When you promote it and people buy, both you and the company who “actually” sells it are super happy!
A few things to note
- The commissions are low (anywhere from 2-8%)
- Make sure it is a product you are familiar with
- It is good to have a recommended products section based on what they are buying
How to become an affiliate
Many websites of the companies that you love have an affiliate link towards the bottom of the website. Here is an example of Amazon.com
It is important to note that not all companies will approve you to become an affiliate with them. Sometimes there are certain criteria that they want you to have accomplished. Also a great database for people to become affiliate is through a website called CJ.com, aka commission junction. Cj.com has 100’s of companies that you are probably already familiar with.
Want to learn about another way to make passive income? Click here!