Depending on who you choose to follow or believe, affiliate websites are an easy way to make money online.
Affiliate marketing has been around for a long time but the stratospheric rise of e-commerce has seen it transform into a massive global industry worth billions in sales every year. As most of us should really know, there is really no such thing as easy money and anyone jumping on the affiliate marketing bandwagon and hoping to ride off into the sunset with a stash of cash, is almost certainly going to end up disappointed.
Related Class: Affiliate Marketing 101
Whilst the basic principle of affiliate marketing is pretty straightforward and can be an effective way of generating a decent income online, the assumption that it is an opportunity to generate a passive income with minimal input and effort required, will almost certainly lead to failure at some point.
The How to Build an Affiliate Website infographic sets out to explain the basic concept behind this multi-billion dollar industry and runs through a useful list of basic errors that many new entrants tend to make as well as pointing out the components that should be included if you are going to taste the sweet smell of success for some time to come.
The affiliate marketing arena is a crowded space and you really need to find a niche and a way to stand out from rest of your competitors. Creating a point of difference (POD) is one of the keys to ensuring that you avoid the prospect of blending in with other affiliates who are promoting the same products and services that you are.
To achieve profitable longevity in affiliate marketing you need to employ multiple methods so that you have the chance of diversifying your monetization, and you also need to successfully develop methods to contact users without them actually visiting your website.
Affiliate marketing can definitely be profitable when you do it right, but it certainly isn’t easy money.