Affiliate marketing is without a doubt the best way for complete beginners to start making money online.
This is because the usual barriers that prevent people from starting a business, things such as product creation and inventory, are completely eliminated with this business model.
With affiliate marketing your main focus is on building an audience, and finding products or services that you believe in, and that you know will help your audience.
You will then promote said products to your audience and If anyone clicks on your link and makes a purchase, you will earn a commission.
The problem is, affiliate marketing in and of itself is not a real business. It’s more of what Dan Lok, author of F.U. Money, would call a money maker.
So what’s the difference between a money maker and a real business?
One word….ASSETS!
A real business has assets.
For most businesses, the asset would be the products, the customer list, and the brand.
As an affiliate, you are promoting someone else’s product. That means you have no control over the product, the customer list, or the brand.
So how can you ensure your affiliate marketing business is not just a money maker that can stop producing income at any given moment?
Start building an email list from day 1…..
Your list is your most valuable asset as an affiliate marketer.
It is what gives you the ability to make as much money as you damn well please.
When you have your own list of targeted subscribers, you don’t have to worry about what a product creator is going to do.
If they decide to discontinue a particular product, or reduce your commission all of a sudden, you can simply find a better product to promote.
All you have to do is redirect the links, and keep sending out emails.
If you don’t have an email list you may have to start all over from ground zero.
Which for many people is too big of a hill to climb.
If you are interested in learning more about affiliate marketing, and how you can turn it into a $10k per month business, grab your copy of the Affiliate Marketing Blueprint.