Affiliate marketing will never become truly saturated. My answer is YES definitely it’s worth it for me….but that doesn’t mean it would be the same for you. Don’t spread your efforts on promoting multiple products in different niches but focus on making a single product under one niche profitable. That way you become a trusted source of information in your niche and customers are more likely to make a purchase decision based on your recommendations. That depends on what you want to accomplish. Then, the affiliate and merchant agree upon a given commission rate — either a flat fee or percentage — when the affiliate lands sales on behalf of the merchant. People give up before they even begin and say things like “this is too saturated.”. The people who don't succeed with affiliate marketing are probably the ones who don't enjoy the work it entails. You can learn a lot faster by talking to other people who are currently achieving a level of success online. The idea here is to align all your efforts and energy to make one thing work for you. There are countless products you can promote as an affiliate. Before we start, please check out some of the success stories here. All these that we just talked about involve a tireless effort and the ones who understand it are the ones who are ready to become successful affiliate marketers. Believe it or not, this can really help you out. Affiliate marketing is the best source of passive income IMHO and has allowed me to live in my dream home and own my dream garage. There are both free and paid methods to generate traffic, so anyone can succeed with affiliate marketing regardless of their financial position before starting. David Vu June 8, 2020 AFFILIATE MARKETING & ECOMMERCE Leave a comment 399 Views It’s no coincidence that one of the newest and fastest-growing cookbooks niches is The “Digital Products Affiliate Marketing” Niche. Let’s start by analyzing the reasons why this business model is worth taking into consideration. As an affiliate I have several vendors I always promote when they launch a new offer. Learn how a beginner made $300 in affiliate commissions in 24 hrs. Make the full utilization of the keyword research tools to get insights into what your potential customers are searching for on the search engines like Google. However, you must know the five pros and five cons of this business model before you begin your affiliate marketing journey. Wealthy Affiliate is simply a hosting service, training platform, and social platform. Well, spoiler alert: quitters have used that as an excuse for decades! You need not pay any cash for joining the majority of the affiliate programs out there. Stop thinking about affiliate marketing as getting rich overnight. As an affiliate, your job is to provide a solution to the problems your target audience is looking for. I won't say that it's not possible to make money fast with affiliate marketing. Digital marketing is a lot like the stock market – while you may have one or two super high-performing stocks, it pays to spread your risk out with a diverse portfolio. Is Affiliate Marketing Really worth it: Affiliate marketing is still one of the easiest online businesses to start up, it still works and will continue to work while people are creating products to sell.Is it worth it- yes it is, you can still make as much money as you want to. Back to the question, is affiliate marketing worth it? There are countless Facebook groups, forums, and communities online for affiliate marketers. One of the things I have noticed on my affiliate marketing journey is that people often feel like there have to be excuses or obstacles that will prevent them from succeeding. If you are dedicated to following a strategy, to learn new things and put the time and efforts to have success, you’ll make affiliate marketing worth it. Everything the scammers promise is true; they just lie about how “easy it is” to attain. The same thing is applicable to affiliate marketing, selling on Amazon, running an eCommerce store, dropshipping, starting a coffee shop, etc. In this blog post I am going to break down why affiliate marketing is absolutely worth it. What nobody is talking about is that mastering affiliate marketing requires a steep learning curve. Having the freedom of working for yourself with affiliate marketing is well worth it alone not including the rewards you can benefit from affiliate marketing. I was searching for ways of making money online and the majority of the so-called gurus were only talking about affiliate marketing. Or you could run the ads on social media platforms like Facebook or Instagram and start making money very fast. Here's the PDF file for the 2019 Affiliate Playbook if you want to see what I'm talking about. It’s of course going to take time in adapting the right strategies for doing affiliate marketing, but believe me it’s all worth it at the end. The affiliate marketing industry is worth about 6.8 billion dollars. https://99firms.com/blog/affiliate-marketing-statistics/, Is Affiliate Marketing Dead? Here are some of the main reasons why affiliate marketing doesn't work for everyone. The only reason you should avoid affiliate marketing is if you decide to do a different business model such as network marketing or creating your own products. I first started by doing Amazon Associates affiliate marketing then branching out to other affiliate networks and more profitable niches. At the end of the day, anything you learned something new that will pay you someday in the future. Judging by its ludicrousy $12 billion sector worth, it would seem that affiliate marketing is as popular and profitable as ever. If you think about it, you have probably asked someone you know for a recommendation in the past for a product or service. I was a bit skeptical because I had no clue at that time how it worked and how one could make money with it. Rather see it as a journey, a full story. Before you get all weird and think that you’d never do affiliate marketing because it sounds a bit scammy and spammy, keep reading. Affiliate networks like Clickbank have thousands of products in all sorts of categories you can choose from. Affiliate marketing is SO worth the effort. But basically, affiliate marketing is where you get paid a small commission from companies that you’re affiliated with by promoting their products or services. So, the question is, is it still the right time to start affiliate marketing and is it still worth it? The goal of marketing is to entice customers toward the product. Stop thinking about affiliate marketing as getting rich overnight. You need to consistently do exercise every single day. If you set your expectations correctly – meaning that you acknowledge it’s a long and challenging road – affiliate marketing is not only worth it but potentially world-changing. YES, it's not late to start affiliate marketing because of the fact that it's still one of the most effective marketing strategies used by the merchants and companies. Over my last 7 years of affiliate marketing, I noticed a couple of nice things that I would like to share with you. Want To Get Started With Affiliate Marketing? High ticket affiliate marketing is certainly worth it because it gets you results so much faster. It can be hard work to begin with, training, learning, creating content..but you gotta ask ..is freedom worth the effort? I know people who are making 6 or even 7 figures a month and others who do nothing and are stuck in the same position for years. Affiliate Marketing Mastery by Stefan Pylarinos looks like a solid course, but there have been some people saying it is not worth $1997. You don’t need to have your own products to sell, you don’t have to handle customer support or deal with people, and you can set up the entire business model so it is autopilot. Building a profitable affiliate marketing based online business takes a great deal of hard work and consistent effort and when you realize this you are already on your way to success. You don’t need to have your own products to sell, you don’t have to handle customer support or deal with people, and you can set up the entire business model so it is autopilot. In that case, they either want to recruit you under their MLM tree or want to sell out some costly course. Many affiliate networks allow you to see what the conversion rate and gravity (popularity) are for offers you are considering promoting. Since you are reading this post, I believe you have come across so many affiliate marketing gurus who want you to believe that it's possible to make money online by doing nothing. If you are a student, focus on your studies first and work on affiliate marketing as a side hustle. That was my thorough research and ultimate answer for “Is Affiliate Marketing worth it”. There are millions of businesses and billions of consumers on this planet. Is affiliate marketing worth learning how to do? Affiliate marketing remains to be one of the easiest business models to date. Affiliate fraud of course is always a concern when marketing this way. Affiliate marketing is absolutely still worth it, and is one of the best ways to make money online. I have tested everything online. It is incredibly difficult to get off the ground but the end result is freedom, no boss and ability to take on bigger projects! You will come across many shiny products on the way that looks promising but you don’t get distracted by it. Be mindful of the effort needed to achieve your financial goals. Affiliate marketing, as the source of around 15% of the online sales is now in the first spot beside email marketing as the main source of online sales. [The Shocking Truth.!! Many aspiring affiliates give up on their dreams thinking that just because they don’t achieve success instantly affiliate marketing is not the right choice for them. There are so many people's opinions out there that it's hard to know what to believe. The only person you are competing against is yourself so aim to be your best self everyday. It requires little to no money and gives you financial and time freedom. Anyone can start with affiliate marketing, regardless of investment. It is the process of promoting other people’s products or services for a commission. Now, without getting disappointed you should focus on trying another niche or product. Almost every person in the world is online at least once a day. Now that you have a basic insight into affiliate marketing, you might be wondering whether or not to turn this into a vocation. With that said let's try to figure out, is affiliate marketing worth it and could you make money with it or not. If you want to make a few thousand dollars a month within a year then affiliate marketing is definitely worth doing. The key is giving information and trust by this is people are likely to buy stuff from you. What works today may not be working tomorrow and by the time you become proficient at something today may change tomorrow. When you have higher expectations from affiliate marketing, be prepared to take the massive actions. The Amazon affiliate program is definitely worth a go. This is not surprising considering statistics show that in 2017 alone, 170 million transactions were made through affiliate marketing. Simply split profits with your affiliates and have them drive the traffic for you. I even started a blog at that time but quit on it after a few months. Of course, it is! It will surely give you a hint if affiliate marketing is worth it. This makes affiliate marketing far more lucrative than many alternatives out there. Powered by Thrive Themes. The benefit of sticking to one small niche is that you can attract more people with similar interests and you have higher chances of making more sales of the products you are promoting. Can you still make money with affiliate marketing? High ticket affiliate marketing is certainly worth it because it gets you results so much faster. Is Affiliate Marketing Mastery worth it and should you pay the whopping price of $1997 for a affiliate marketing course? If you are ready to get started with your own Amazon site. Now, let’s dive … More affiliates promoting a product results in more correct data. Over my last 7 years of affiliate marketing, I noticed a couple of nice things that I would like to share with you. Otherwise, affiliate marketing can work well with virtually any other business model and is especially effective when you’re trying to make money as a … Affiliate marketing is a performance-based marketing program, where an external partner is rewarded a commission for delivering a specific result to a merchant or advertiser. Copyright 2020 eBizoPedia, all rights reserved. Con Of Affiliate Marketing: Payment On Commission. The more traffic you drive, the more money you can make. Are you struggling to launch your affiliate marketing business or stuck on the way? There are many reasons why affiliate marketing works only for a few and all others only face a failure. Affiliate marketing is definitely worth it if you’re entitled to make it work. Affiliate marketing is a viable income option, but it does not work for every business. The U.S. affiliate marketing programs, which pulled in $5.4 billion in 2017, is projected to reach $8.2 billion by 2022. Choosing a high ticket affiliate marketing program isn't easy, but … I have actually read articles where the blogger is recommending the reader to avoid affiliate marketing. So Is affiliate marketing worth it? In fact, these are the most obvious questions because the majority of the people who tried their hand at affiliate marketing have only faced failure. This is a great free resource to help you get started in the right direction. Advantages of Affiliate Marketing. YES, it's not late to start affiliate marketing because of the fact that it's still one of the most effective marketing strategies used by the merchants and companies. That was my thorough research and ultimate answer for “Is Affiliate Marketing worth it”. There are some basic steps that need to be taken to see success. Do you want to build a muscle? If that is the case affiliate marketing may not be suitable for you. With low barriers to entry, no investment required, and the automation available, becoming an affiliate is a breeze. Data can benefit you and allow you to select great performing offers to drive traffic to. You can make $500-$1000 on a single sale; therefore, you don't need to chase your tail trying to make so many sales. You can share techniques and tips, form an alliance and reciprocate to promote each other’s products, and more.Networking is very powerful and when done right can drastically help you grow your online business. I think the best way to understand whether affiliate marketing still works or not is by looking at the statistics and forecasts about it. Ask guys like Pat Quinn or Neil Patel who earn 7 figure incomes from affiliate marketing if it's worth it and they will definitely say yes. The Wealthy Affiliate program is the most abundant, resourceful, knowledgeable, helpful and happy community I have come across. Affiliate marketing is definitely worth it! In this course I sit down with a complete beginner and get him to his first $300 in affiliate commissions on camera. It may happen that initially, you might have picked up a niche or the products and they didn’t work for you. Affiliate marketing is a big industry that is worth over $12 million, and it is growing at the rate of 10% annually. I’ll also share some stats on the growth of affiliate marketing business image source - google images Next, join the affiliate networks or independent affiliate programs that offer the products in your niche and are aligned with your passion. Almost everybody who aspires to be a successful affiliate marketer gets started with the mindset of making some quick money. It's not hard to acquire the skills required to run an affiliate marketing business. There are tons of courses, books, podcasts, and blogs you can learn from. It is the process of promoting other people’s products or services for a commission. In this blog post I am going to break down why affiliate marketing is absolutely worth it. If you are hesitant, here are some reasons why you should try affiliate marketing: Complete Flexibility. I am Amit, A professional affiliate marketer, I started at the age of 17 and it’s been a long journey already. Is Affiliate Marketing worth it? Contents hide. You technically do not need any money to generate affiliate commissions. Advantages of Affiliate Marketing. 2 There Is No Ceiling. It requires little to no money and gives you financial and time freedom. Is affiliate marketing worth it? This platform has been there for around 15 years and has been trusted by over 2 million online entrepreneurs who wanted to change their lives for the better with affiliate marketing. I started blogging about 2 years ago and it is FINALLY starting to pay off. Those who are ready to put in the effort see the success with affiliate marketing in a fairly short period of time. Affiliate Marketing is a very simple concept which has been hyped by different websites. One Of The Easiest Business Models. Affiliate marketing – the process of services or good for a commission, can it still make you money…. Affiliate marketing is still worth it, has always been worth it, and will continue to be worth it for years to come. The solution to this disease is a ‘focus’. Is affiliate marketing worth it to start in 2019? Affiliate marketing is one of those genius marketing strategies that benefit both the client and the business. Like any form of self-employment or business model, … Affiliate marketing is worth it in 2020 because it is a way to make money online and create financial freedom. There is no doubt that anyone who is willing to make an effort can be successful, but if you are focused on goals and hard work, you could be as successful as everyone else out there. The goal of marketing … The result is often a valid sale, however it can also be a completed lead form, a new free trial user, or even a new newsletter subscriber. We just want a little slice of the pie. 1 One Of The Easiest Business Models. [5 “Facts” You Didn’t Know]. Get My Free $300 Affiliate Marketing Case Study. As I just briefly answered this question, yes it's still worth but not for everybody. check out my free affiliate marketing course, Top 10 Mistakes New Affiliates Make (And How To Avoid Them), Affiliate Marketing Demographic Research Guide (Identify Your Audience), Affiliate Marketing Outsource Website Creation – The Easy Guide, Affiliate Marketing Email Funnel Strategy – Multiply Your Commissions, Affiliate Marketing Traffic Generation Guide – Proven Strategies You Can Use, Affiliate Marketing Email Copywriting Guide – Increase Your Conversions. I first started by doing Amazon Associates affiliate marketing then branching out to other affiliate networks and more profitable niches. Is Affiliate Marketing Worth It? In closing, Affiliate marketing does worth it. Then I will tell you, yes, Wealthy Affiliate is worth it. 3 Low Barriers To Entry. Required fields are marked. Although affiliate marketing isn’t as easy as a lot of people make it out to be, its not very complicated either. The people who don't succeed with affiliate marketing are probably the ones who don't enjoy the work it entails. Almost 5 billion videos are watched on YouTube alone every single day. . Affiliate marketing is still worth it, has always been worth it, and will continue to be worth it for years to come. Stay Away From a Shiny Object Syndrome, 10 Common Affiliate Marketing Mistakes To Avoid As a Beginner, The affiliate marketing business model is preferred by 81% of marketers and 84% of publishers. You need to lift the weights multiple days a week. You can set up a website, create great content, and have that content generate you affiliate commissions for months and even years down the line. The question is whether or not it's worth it for you. There are many business models online that claim that can make you money. Affiliate Marketing Mastery PLR Review: Is it worth your money? Affiliate marketing is worth it to build an online business that provides a stable income. Those successes are done through hard work, and those successful individuals committed time and effort to make their online business successful. Most of the aspiring entrepreneurs suffer from this type of distraction because they are not afraid to start new projects. You need not create any service or product and there is no need to stock the products either. Good affiliate courses focus heavily on content marketing and providing affiliate … There is no doubt that anyone who is willing to make an effort can be successful, but if you are focused on goals and hard work, you could be as successful as everyone else out there. You need to put enough efforts on it and focus on the pain points of your customers. Affiliate marketing is the best source of passive income IMHO and has allowed me to live in my dream home and own my dream garage. I am … The eBook is called The 2019 Affiliate Playbook and it's a 10-page PDF file which is basically an introduction to the affiliate marketing business model, and the people behind the product. Their platform is second to none, dialed in with WordPress content creator, Amazon Web Services, step-by-step training and everything you need on one awesome, user-friendly interface. Look at this one and see if it is a good fit for you. Your email address will not be published. ], 5. Reasons Why Affiliate Marketing Is Worth It . Affiliate marketing is worth it in 2020 because it is a way to make money online and create financial freedom. Is affiliate marketing worth it? Save my name, email, and website in this browser for the next time I comment. More than 75% of publishers have a feeling that affiliate marketing offers the best way to make passive income online. So, the question is, is it still the right time to start affiliate marketing and is it still worth it? 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