Here's is a great article on…
I told you that I'd be back this week to start our discussion about affiliate marketing. The first thing I want to talk to you about is whether or not affiliate marketing is still an effective way to earn money.
You've probably heard that some states have been banned from becoming affiliates for companies like Amazon.
As of the time of this writing, the states that are banned by Amazon are:
I won't get into the tax laws because it is just too complicated (and convoluted) but rest assured that there are plenty of other affiliate programs that you can join even if you live in one of the states mentioned above. The key is that Amazon is a registered business in the states above so that makes them libel for paying sales tax in those states if an affiliate also promotes the products in the same state and they don't want to.
But the truth is, most people who have affiliate programs aren't big corporations. They are people like you and me who created a product and want other people to promote it. What's more, you're likely to make a lot more money promoting products from individuals who are not part of a super large corporation like Amazon, anyway. So, this should not affect you at all. You can still become an affiliate marketer and probably become even more successful by not wasting your time with low profit margins offered by huge corporations.
So the answer to the question is an inequitable yes. Absolutely. It's a great time to become an affiliate marketer. While in the old days, it was probably a lot simpler to throw up a mini site and promote products you never used, intended to use, or cared about — today affiliate marketing requires a whole lot more effort and honesty on your part — to me this makes it an even better time than ever to embark on affiliate marketing as a career.
You can be proud that you're an affiliate marketer, a career that requires advanced marketing skills and knowledge of your audience including their needs and desires. Plus a high dose of honesty and integrity. To be a great affiliate marketer you'll need to learn the ins and outs of online marketing and that's what I want to talk to you about in the coming weeks.
If you really want to become an affiliate marketer who makes enough money to quit your day job, you can. But, please, don't quit your job right now. No, you can start this on a very part time basis and given time, effort and commitment work your way up to earning six figures plus. That's right. The amount of money you can make with affiliate marketing is truly unlimited. You write your own ticket, give yourself raises when you want to, and you will see a return equal to your efforts.
If you want to make money promoting other people's products and / or services and make a commission on every sale there are so many opportunities that I could never list them all. It wouldn't matter if I did anyway because you should promote products and / or services that are unique to your target audience.
You'll need to learn how to develop a traffic generating websites, build content that speaks directly to your target audience while bringing in targeted traffic as well as builds relationships with your customers enough that they trust and follow your recommendations of what products they need to purchase.
In the next post we’ll talk about how to understand your audience and their needs.