What it Takes to Make Money Through Affiliate Marketing

The word “passive income” has been trending in the self-help community for a number of years. Now more than ever, people want to make money from the comfort of their homes because they’ve realized the importance of freedom. Financial freedom in specific has caught the attention of most millennials who work 9-5 jobs, but visualize themselves having many sources of income in the future.

If you want to make passive income, affiliate marketing is a great way to get started. 

The famous quote by Warren Buffet that partly inspired the birth of MoneyBite is, “If you don’t find a way to make money while you sleep, you will work until you die.” We think this quote will also inspire our readers to take a major step towards creating their first passive income stream.

Although taking up an extra job to make money is totally fair, trading your time for money isn’t always the smartest way to go about building wealth. This is where strategies like affiliate marketing come into play.

What is affiliate marketing?

Affiliate marketing is defined as selling a product or service and earning a commision for it. It’s quite common amongst bloggers and YouTubers and people with a sizable social media following, although it is possible for anyone to start with affiliate marketing. However, it is not a quick way to make money and it requires hard work and consistency.

If you plan to start affiliate marketing on your own, you have to master these skills to see success in the long run:

  • Join communities and forums that discuss and share tips about affiliate marketing. As a beginner, this can be very helpful and you can avoid making mistakes that other people did.
  • Maintain a journal or notebook where you jot down your best ideas
  • Keep an eye out for how other affiliate marketers advertise and what channels they use
  • Do your own research before picking an industry and a product, it is important to understand the product well before attempting affiliate marketing.
  • Learn copywriting as the fundamental thing that’ll make people click on your ad or even remember it is catchy content and a good copy.
  • Use URL Shorteners to promote your brand and track your URLs better. Bitly is the one of popular easy url shortner tool.

3 Best Online Affiliate Marketing Tools in India:

Best Online Affiliate  Marketing Tools in India
How Affiliate Marketing Works
  1. Amazon Affiliate Program :
    one of the largest affiliate marketing programs in the world. The Amazon Associates Program helps content creators, publishers and bloggers monetize their traffic. With millions of products and programs available on Amazon, associates use easy link-building tools to direct their audience to their recommendations, and earn from qualifying purchases and programs.

  2. Flipkart Affiliate Program :
    Flipkart runs one of the best affiliate programs in India. They have a wide range of products to promote, the tracking is accurate, the fee is competitive and always paid on time. The account managers are very professional as well, and give prompt support when required.

  3. Yatra Affiliate :
    Yatra.com is an Indian online travel agency and travel search engine. Affiliate Program is for publishers who want to leverage their web properties.

What are your thoughts about affiliate marketing? Let us know in the comments below.

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2 Comments
  1. […] previous article discussed the Basics of Affiliate Marketing and what it really takes to make money off of it. If you haven’t read the article, we highly […]

  2. Nafil irfan says

    🥰🥰🥰

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