AFFILIATE MARKETING
How To Make Money As An Affiliate Marketer: Can You Hack It?
Over 15% of people doing affiliate marketing bring in over $50,000 annually in affiliate income. That $50,000+ is passive income—a steady stream of money that takes minimal effort.
In most cases, affiliate marketing is easier to earn passive income than other revenues, like property rentals. Affiliate marketing is relatively low maintenance and high reward, making it alluring to social media influencers, bloggers, and solopreneurs with active websites.
More than 80% of businesses have an affiliate marketing program and want to find the right people to promote them.
Could it be you?
Should You Become An Affiliate Marketer?
You can be an affiliate marketer if you’re a solopreneur, micro-SMB, contractor, gig worker, freelancer, blogger, influencer, etc. You’ll need a website or social media profile, content (e.g., videos, blog articles), an audience, and a business (aka, “the brand”) that will pay you to promote their business.
Here’s how it works: The affiliate marketer sticks a link of another business brand on their website, social media profile, blog, newsletter, etc. When a consumer clicks the link and makes a purchase, the affiliate earns a commission because they were responsible for promoting the other business’s product or service. Talk about making money in your sleep.
The high passive income isn’t the only reason people become affiliate marketers. Other benefits include increased flexibility and better work-life balance.
Some affiliate marketers take a gamble and quit their day jobs to pursue affiliate marketing full-time. Others keep the 9 to 5 and do affiliate marketing as a side hustle to generate additional revenue. The choice is yours.
How To Make Money As An Affiliate Marketer
Influencer Grace Lemire made $6,600 in one month from product advertising. Another influencer, Niccoya Thomas, received $56,000 in one month from brand partnerships.
How’d they do it? They had followers, captivating content, and brand partnerships.
Look at these three tips if you want to make the big affiliate bucks:
1. Build Your Following
The larger your audience, the more potential consumers you can reach. Influencers making thousands of dollars per month have hundreds of thousands—or millions—of followers.
2. Partner With Highly-Rated Brands
Whether you run a blog for new moms or vlog about your travels, partner with trustworthy brands you’re proud to promote.
Look for brands with products with high ratings and great success with their customers. By finding highly-rated brands, you can drive more transactions and know you’re recommending something good.
3. Look For High Commissions
Affiliate marketers typically get a percentage commission or a flat fee per sale.
Percentage commissions can range from 3-7%, which might be a small fee depending on the total sale amount. A 7% commission on a $200 sale is only $14; you’d need to make 72 sales to bring in over $1,000.
Look for brands that give you a flat $100+ per sale. For example, the Patriot Software Affiliate Program gives commissions of $150 for each new customer. If you made 72 sales at a $150 commission, you’d bring in $10,800!
It’s surprisingly easy to drive up your commissions when you partner with a beloved brand that pays high commissions.
The Future Of Affiliate Marketing
Affiliate marketing is a multi-billion dollar industry. As more workers leave their jobs to become solopreneurs, the more alluring the passive income of affiliate marketing becomes.
Forbes Councils Member David Gasparyan predicts that affiliate marketing is just getting started. Why? Because more influencers are finding huge success with affiliate partnerships.
The verdict is that affiliate marketing is here to stay, at least for the foreseeable future. If you want a piece of the action, start building your followers, find a partner who pays generous commissions, and start affiliate marketing today.
AFFILIATE MARKETING
Amazon CEO Mandates Employees Return to Office 5 Days a Week
Amazon CEO Andy Jassy made a case — and a mandate — for in-office work on Monday.
In a publicly available message, Jassy said that Amazon’s 1.5 million-plus employees must return to the office five days per week starting January 2. Amazon is also bringing back desk assignments to the offices that had that structure pre-pandemic.
Jassy positioned the move as a better way to work and a return to life before Covid.
“We’ve observed that it’s easier for our teammates to learn, model, practice, and strengthen our culture; collaborating, brainstorming, and inventing are simpler and more effective; teaching and learning from one another are more seamless; and, teams tend to be better connected to one another,” Jassy stated.
Amazon CEO Andy Jassy. Photo by Michael M. Santiago/Getty Images
Jassy also said that situations that require remote work like sickness, an emergency, or being on the road are still acceptable.
However, these examples of remote work are the exception to the new rule, not the norm.
Amazon employees have been back in the office at least three days per week as of February 2023. A July report from Bamboo HR showed that one in four executives secretly hoped employees would quit over stricter return-to-office policies.
“Strengthening our culture remains a top priority for the s-team [senior leadership team] and me. And, I think about it all the time,” he wrote. “We want to operate like the world’s largest startup.”
Under the new policy, working from home two days per week is no more. The office culture is returning to how it was before the pandemic, to strengthen work culture and drive better results, Jassy explained.
Related: Dell Reportedly Told Remote Employees to Come Back to the Office or Forgo the Chance to Be Promoted
Amazon joins companies like Salesforce and Walmart that have implemented stricter return-to-work policies.
AFFILIATE MARKETING
Prepare to Land a Position in IT With This CompTIA Training Bundle
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.
Average growth in information technology (IT) is much higher than that of other industries, and the median wage is reported to be more than double the standard, the U.S. Bureau of Labor Statistics says. If you’re looking for a new or more lucrative career path, it may be smart to consider becoming an IT professional.
While many roles may require a formal degree, roles like support specialists, administrators, and project managers don’t all necessarily demand a degree. Many professionals can earn CompTIA certifications by passing rigorous testing. You can study and prepare for those tests with this 15-course CompTIA training bundle, which is on sale for only $49.97 (reg. $585) for life.
These courses were developed by IDUNOVA, an official CompTIA partner with mor than 20 years spent providing IT education.While these courses can help you prepare for the CompTIA certification exams, it may be helpful to gain relevant experience or a formal degree to land certain positions.
Study CompTIA for a new, exciting career in IT
There’s plenty of variety in the IT industry, meaning there are nearly endless positions to consider if you’re joining this field. Learn to become a debugging expert like Grace Hopper or a cloud-based engineer to join companies like Google or Salesforce.
There are 15 certification prep courses in this bundle, so it might be challenging to figure out where to begin. If you have minimal or no prior IT experience, you might want to start with CompTIA Fundamentals+ and A+, industry standards that also build a foundation for more advanced training.
Other introductory-level courses and certification preparation that might help you land your dream job in IT are Fundamentals+ and Core 1 and Core 2. These could help you get a new job as a desk technician or entry-level cybersecurity position.
From there, you could delve into ethical hacking, a highly in-demand career for many companies. Check out courses like CompTIA Security+ and CompTIA PenTest+ to develop skills to penetrate systems and check their vulnerability.
Ready to work in IT? Grab lifetime access to this 15-course CompTIA training bundle for $49.99 (reg. $585). No coupon is needed to secure this deal.
StackSocial prices subject to change.
AFFILIATE MARKETING
Let Your Projects Shine with MS Project 2021 Pro for Just $19.97
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.
Project management is a tough gig. A notable study from the Project Management Institute (PMI) consistently highlights that over 70% of projects globally either fail to meet their original goals or deadlines or go over budget. If you want to stay out of that group, Microsoft Project 2021 can help.
Managing a project requires clear visibility, accurate resource allocation, and efficient scheduling. With Microsoft Project 2021 Professional, you’ll have a complete set of tools to help you tackle projects of all sizes, ensuring that you stay on track from start to finish. And for just $19.97, this lifetime license is a cost-effective solution for businesses and entrepreneurs looking to streamline their project management.
It’s designed to help project managers and business owners work more efficiently. With features like automated scheduling, resource allocation, and built-in reports, you can reduce the time spent on manual tasks and focus on making informed decisions and driving your projects forward.
One of the key benefits of Microsoft Project 2021 is its ability to improve project visibility. By offering clear task tracking, resource management, and collaboration tools, you can easily monitor progress and keep your team aligned. This not only enhances communication but also ensures that everyone is on the same page, allowing you to deliver projects on time and within budget.
As your business grows, so do your projects. Microsoft Project 2021 supports that growth with its ability to handle increasingly complex projects, whether you’re managing a small team or overseeing multiple departments. The software’s flexibility and scalability make it an ideal solution for businesses that are expanding and need to keep up with higher project demands.
For just $19.97, you get lifetime access to one of the most powerful project management tools available—no recurring fees, just one upfront investment. By automating key tasks like scheduling and reporting, Microsoft Project 2021 helps you save valuable time.
Pick up a lifetime license to Microsoft Project 2021 Pro for just $19.97 (reg. $249) through September 29.
StackSocial prices subject to change.
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