Affiliate Marketing: Make More Passive Income NOW
Summary
TLDRThis video script outlines the lucrative world of affiliate marketing, where the speaker earns over $125,000 monthly by leveraging over 300 affiliate programs. Starting from humble beginnings in 2019, the speaker shares the history of affiliate marketing, its evolution, and strategies for success. The script emphasizes the importance of choosing profitable niches, creating high-quality content, and optimizing for SEO to generate passive income. The speaker invites viewers to a free masterclass for deeper insights into building a successful online business.
Takeaways
- 💰 Affiliate marketing is a passive income strategy that can generate substantial earnings, as the speaker makes over $125,000 a month from it.
- 📈 The speaker is involved in over 300 affiliate programs and has been earning passive revenue from their blog since 2019.
- 🛍️ The concept of affiliate marketing started in the mid-90s with the online flower shop PC Flowers and Gifts, and Amazon's early adoption of a public affiliate program.
- 🌐 The growth of affiliate marketing led to the establishment of affiliate networks like Commission Junction and ClickBank in 1998, which streamlined the process for both businesses and marketers.
- 🌟 As of today, affiliate marketing is a $12 billion industry, accounting for over 16% of global e-commerce sales.
- 🔍 The speaker emphasizes the importance of choosing the right niche and being able to pivot when necessary to maximize profitability.
- 🚀 Starting with a personal brand blog allows for flexibility and the ability to write about various topics without being confined to a specific niche.
- 🤔 The competitive nature of affiliate marketing requires a serious approach, with the need for strategic content creation and SEO optimization.
- 📝 The speaker recommends a content assembly strategy for efficiency, focusing on quality and quantity to rank higher in search results.
- 🔑 To achieve success in affiliate marketing, persistence is key, as most bloggers fail due to a lack of profitability, not passion or skill.
- 🔄 The process involves continuous learning, adaptation, and leveraging one's unique knowledge and experience to stand out in the market.
Q & A
What is the speaker's claim about affiliate marketing as a form of passive income?
-The speaker claims that affiliate marketing is the most passive form of income online, with the confidence of making over $125,000 a month from it, being involved in over 300 affiliate programs.
What is the speaker's website and when was it started?
-The speaker's website is adamenfroy.com, and it was started in 2019.
What is the historical origin of affiliate marketing mentioned in the script?
-Affiliate marketing originated in the mid-90s with an online flower shop called PC Flowers and Gifts, which created a co-branded service for large websites to sell their flowers.
How did Amazon contribute to the development of modern affiliate marketing?
-Amazon contributed by being the first to offer a public affiliate program where anyone could sign up as an Amazon associate and publish custom banners and links on their websites, initially focusing on selling books.
What role do affiliate networks play in the affiliate marketing ecosystem?
-Affiliate networks benefit both businesses and affiliate marketers by handling technical aspects of the affiliate program such as tracking sales, providing metrics, getting affiliates, and paying out commissions.
What is the current global impact of affiliate marketing in terms of revenue and commerce sales?
-As of the script's information, affiliate marketing generates over $12 billion globally each year and drives over 16 percent of commerce sales worldwide.
According to the speaker, what are the two requirements for generating passive income streams?
-The two requirements for generating passive income streams are capital or effort, or a combination of both.
What is the speaker's personal favorite form of passive income and why?
-The speaker's favorite form of passive income is affiliate marketing because it requires no product of one's own to sell, just online marketing efforts, and can generate income with minimal maintenance once set up properly.
What strategy did the speaker use to grow their blog's income from affiliate marketing?
-The speaker used a content assembly strategy, focusing on creating and publishing multiple high-quality articles per week, optimizing for SEO, and ensuring affiliate links were included to drive sales.
What is the significance of the term 'Content assembly strategy' mentioned by the speaker?
-The 'Content assembly strategy' refers to the speaker's method of creating content with a basic structure, optimized for SEO, and ensuring it includes affiliate links and is linked from other pages to increase website authority and traffic.
How does the speaker suggest measuring the success of an affiliate marketing site?
-The speaker suggests measuring success by the site's ability to generate sales and income, such as needing 2500 visitors to make 50 sales of a $500 product with a 20% commission to match a $5000 monthly income.
What advice does the speaker give for those looking to start in affiliate marketing?
-The speaker advises starting with a broad topic that allows for various opportunities, being persistent, learning from failures, and focusing on creating high-quality, SEO-optimized content regularly to build momentum and authority.
Outlines
😀 Introduction to Affiliate Marketing and Its Passive Income Potential
The speaker introduces affiliate marketing as a passive income stream, asserting confidence in its profitability based on their personal experience earning over $125,000 a month through various affiliate programs. They emphasize the time and specific approach required to build this income, debunking the notion of a get-rich-quick scheme. The speaker invites viewers to a free masterclass on their online business and provides a brief history of affiliate marketing, tracing its origins to the mid-90s with PC Flowers and Gifts and Amazon's early affiliate program. The growth of online advertising and the emergence of affiliate networks like Commission Junction and ClickBank are highlighted, leading to the current state of the industry, generating billions annually and driving a significant portion of global commerce sales. The concept of passive income is also discussed, explaining how it has evolved to include online efforts and the importance of either capital or effort in establishing such income streams.
😉 Building a Personal Brand and Navigating the Competitive Affiliate Market
The speaker advises starting a blog with a personal domain name to maintain flexibility and avoid limiting opportunities to a specific niche. They discuss the importance of choosing a profitable niche and the ability to pivot based on data and interest. The competitive nature of affiliate marketing is acknowledged, with the speaker sharing strategies for finding profitable niches and keywords, such as using the term 'best' in search queries. They also mention the use of tools like ahrefs for keyword research. The speaker emphasizes the seriousness of blogging and affiliate marketing, suggesting that persistence and learning how to compete with established players are key to success. They share their personal experience of starting a blog in 2019, focusing on business software, and leveraging their knowledge and SEO skills to create valuable content that ranks well on Google, resulting in significant affiliate commissions.
😇 Implementing a Content Strategy for Successful Affiliate Marketing
The speaker outlines the importance of a content strategy for affiliate marketing success, suggesting a regular posting schedule to establish authority and leverage Google's ranking system. They discuss the need for quality and quantity in content creation, using a content assembly strategy to ensure each article is well-structured, SEO-optimized, and interlinked within the site. The speaker provides a hypothetical scenario to illustrate the relationship between visitor numbers, conversion rates, and income goals, emphasizing the importance of consistency and urgency in content production. They share their personal journey of scaling content output, from writing multiple articles a week to hiring additional writers, and the subsequent increase in traffic and revenue. The speaker concludes by highlighting the long-term potential of affiliate marketing as a means to build wealth and achieve financial independence, inviting viewers to a free masterclass for a deeper dive into the strategies they've used to build a successful online business.
Mindmap
Keywords
💡Affiliate Marketing
💡Passive Income
💡Online Business
💡Referral Marketing
💡Amazon Associates
💡Affiliate Networks
💡SEO (Search Engine Optimization)
💡Content Strategy
💡Niche Marketing
💡Keyword Research
💡Link Building
💡Product Reviews
💡Competitive Edge
💡Content Assembly Line
Highlights
Affiliate marketing is described as the most passive form of online income, with the speaker earning over $125,000 a month.
The speaker is involved in over 300 affiliate programs and earns revenue from their blog, adamenfroy.com, started in 2019.
Building passive income through affiliate marketing requires a specific approach and is not a get-rich-quick scheme.
A brief history of affiliate marketing is provided, starting with PC Flowers and Gifts in the mid-90s.
Amazon's early success with its affiliate program laid the foundation for modern affiliate marketing.
The rise of affiliate networks like Commission Junction and ClickBank in 1998 benefited both businesses and marketers.
Affiliate marketing today generates over $12 billion globally annually and drives 16% of commerce sales worldwide.
Passive income is redefined to include online efforts that require little or no effort to maintain.
The speaker's favorite form of passive income is affiliate marketing due to its low upfront investment.
The importance of building a site with your own name or a simple variation for maximum flexibility.
The competitive nature of affiliate marketing has increased due to the involvement of large brands.
A strategy for finding profitable niches and keywords is suggested, such as targeting 'best' search terms.
The speaker emphasizes the importance of not giving up and learning to compete with big players in the market.
A content creation strategy involving writing multiple articles per week to build momentum and authority.
The speaker shares their experience of scaling their blog from a side project to a full-time income.
A content assembly strategy is introduced to efficiently produce and optimize content for SEO.
The potential for affiliate marketing to replace traditional income and build generational wealth is discussed.
The speaker invites viewers to a free masterclass for a deeper dive into their affiliate marketing strategy.
Transcripts
affiliate marketing is the most passive
form of passive income online and I can
say that with full confidence because I
currently make over 125 000 a month from
affiliate marketing I'm in over 300
affiliate programs and I've been earning
passive affiliate revenue from my blog
adamenfroy.com that I started back in
2019. now when I decided to build my
site I knew I wanted to go after big
money where I could earn hundreds of
thousands of dollars of sale not the
nickels and dimes that many affiliate
programs pay out however building up
this form of passive income does take
time and requires a very specific
approach it's not a get rich quick
scheme but the results are worth the
effort in this video I'm going to show
you how to make money with affiliate
marketing but before we get started I
want to invite you to watch my free
masterclass covers how I make over 400
000 a month with my online business it's
a 60 Minute free training make sure to
click the link in the description below
sign up for that and let's get into the
topic for today
first I want to cover a little brief
history of affiliate marketing so
affiliate marketing is also called
referral marketing because you basically
refer people to products and services
and earn commissions when they make
purchases so essentially you're a
middleman or middle woman between a
buyer and the sale it actually all
started out in the mid 90s because of an
online flower shop founded by William J
Tobin called PC Flowers and Gifts so
they created a co-branded Flower and
Gift service for a bunch of large
websites who wanted to sell their
flowers so at the height of the program
they actually had 2 700 Affiliates by
1998 they generated millions of dollars
in Revenue so while John was having
success with his affiliate program a
small company you might have heard of
called Amazon have been working on their
own version of referral marketing so
they were unique and then it was the
first affiliate program available to the
general public so I mean anyone could
sign up as an Amazon associate and
publish custom banners and links on
their own personal or Business website
what you need to know though was that
this time Amazon was only selling books
so this kicked off the beginning of what
we now know as modern affiliate
marketing so as affiliate programs grew
so did online advertising with the use
of text and banner ads this was the very
early days of online advertising much
different than we know it today so from
Amazon's early success with affiliate
marketing came affiliate networks which
launched in 1998 so those were
Commission Junction and ClickBank which
are still around today among many others
so affiliate networks benefited both
businesses and affiliate marketers alike
so if a business had a product that they
wanted to scale and sell they would sign
up for a network list their product and
then the network would handle you know
all the technical aspects of the
affiliate program things like tracking
sales providing metrics based on unique
links who was referring traffic and
sales getting Affiliates and paying out
commissions to their affiliate partners
and as for the affiliate marketers they
could sign up with these networks and
pick from a catalog of products they
wanted to sell on their own websites now
as of today affiliate marketing
generates over 12 billion dollars
globally each year and it drives over 16
percent of Commerce sales around the
world so nowadays affiliate marketing is
very sophisticated and it's more
competitive than ever but because of
this if you commit to mastering it the
rewards are greater in terms of how much
money you can generate than ever before
passive income by definition is earning
money from a partnership Enterprise or
rental property in which you're not
actively involved in so it's detaching
this time for money aspect where you're
not directly working a wage for it
however the definitions changed over the
years to include money earned through
online efforts that take little or no
effort to create so for example
dividends and interest which you take
from like a stock portfolio are
considered passive income however these
passive income streams require one of
two things so capital or effort or a
little bit of both so if you have
Capital you can buy a business or
property that generates cash flow or you
can invest into stocks and live off
their interest it provides but you need
capital for that so if you don't have
the capital you have to invest your time
and effort into building something that
pays you later for the work that you did
so my favorite form of passive income is
affiliate marketing because you don't
have a product to sell you're just
promoting other people you're doing
marketing online and you're making
passive income but this requires your
time up front to set it up properly you
need to water it and maintain it and if
you do it correctly it can take very
little effort to maintain it once it's
going it will take real effort to build
it though so you can build and earn this
passive income from the work that you
did just once so Tim Ferriss made this
concept popular in his book The four
hour work week back in 2007 but it's
really evolved and become a lot bigger
and more data driven and scientific
since then so even big Brands like the
New York Times have a Blog you know
called wire cutter and product review
sites like ratings.com make an absolute
killing every month by being this
middleman between the consumer search on
Google and the eventual product purchase
buying from affiliate links so when I
started my blog adamenfro.com in 2019 I
put in a lot of effort creating this
content now my blog makes over 125 000 a
month just from affiliate marketing I
put that work and then it doesn't take
too much to maintain now because I got
ranking on Google for stuff that is
still ranking and just still sitting
there within the first few results of
Google for a lot of high value Search
terms so back then though I spent hours
researching keyword ideas coming up with
a Content strategy determining which
niches I wanted to go after and make
income from so when I started my site I
had a nine to five job so I could only
work on it in my spare time but as it
grew so did my income and it eventually
doubled and tripled my nine to five
income all from setting up a good
foundation of affiliate marketing
business strategies so now you know in
this video I want to get into some
specifics of how you can build this
passive income through affiliate
marketing
when getting started I always recommend
you build a site with your own name or a
simple variation as the domain now this
is mostly because you know it leaves you
open to as many opportunities in your
life that you can possibly get so you
don't want to pigeonhole yourself into a
niche that is too small too tiny or too
competitive or something you really
don't like or something that you can't
pivot with so for example if your domain
name has like running shoes in it
running shoes.com you can't really pivot
into something like lawnmower reviews
but if you have your domain is your name
like I do you can write about virtually
anything and eventually hone in on the
niche that works and that's the key most
people teach it that you have to find
the tiny Niche first but what if you
just start with you and you eventually
do it Based on data based on what works
and based on actually using Google in a
scientific method so if you start with a
niche but you don't get traction or lose
interest you can always go back to the
drawing board delete old content start
something different don't give up don't
quit by doing this you're allowing
yourself to fail fast and learn as you
go but when you start your goal should
basically be to be as profitable as fast
as possible and choosing your Niche has
everything to do with this so for
example let's say you're passionate
about productivity so you decide write a
blog about helping college students be
more productive at college and with
their studies but when you start
thinking about this audience you realize
well most college students don't have
much money the money they do have they
most likely won't spend it on like
productivity software or a course it's
going to be spent going on partying like
I spent it on but you could take that
same passion for productivity and pivot
it slightly to something else so you
could focus on course creators in the
digital marketing space and talk about
how to be more productive when you're
creating products reviewing e-learning
software community and group software so
now you have a smaller audience to
Target but you're able and willing to
they're they're going to spend more
money to make themselves more productive
easily so when you're able to make these
easy shifts in your focus just slight
tweaks you can keep going you can test
that as a blog post not your entire
website and you can start making money
instead of giving up because your
audience doesn't have money so you can
pivot and adapt over time and by the way
I cover exactly how I set up my personal
brand blog and pick my niche in my 60
Minute master class again the link is in
the description so now you need to know
one thing though affiliate marketing is
competitive so since the Inception of
affiliate marketing back in the early
Amazon days it's growing to be
incredibly competitive so instead of
just having a bunch of individual site
creators throwing banner ads on their
site hoping for the best there are
entire brands with full staffs writing
articles and ranking for highly
competitive keywords the Mom and Pops
type blog like mine like I can still
outrank Forbes and business.com Business
Insider all these sites with a small
team so you can easily find keywords and
niches that you want to Target to make
the most money by doing a search term
with the word best so something like
best flat screen TV so you'll see sites
with reviews that have affiliate links
to Amazon or Best Buy or Walmart where
they might make commissions from these
purchases so you can also use a tool
like ahrefs which is a keyword research
tool I use every day to find the
profitable niches to focus on with all
this competition it means you need to
take it seriously blogging is not a
hobby anymore affiliate marketing is not
a hobby it's something serious but you
can rank it's just about spotting the
opportunities so with that you need to
spend more time thinking and planning
about your Niche and what you want to
Target and the keywords you want to
start with so you may not know this but
around 95 of bloggers Who start out with
an idea of making money typically fail
and it's not because they were bad at
writing or they weren't passionate
enough because they couldn't make it
Prof profitable period if I had to write
about things that I was passionate about
you know fantasy football astronomy my
favorite recipes and I was doing that
without making a dime I would quit every
single time too but that's actually good
news for you the good news here is that
most people starting out are going to
quit they aren't your competition if you
can just not quit you're going to
succeed so your goal should be to stick
it out and learn how to compete with the
big player so how do you do that so you
build your affiliate site the right way
from day one and you can find your
Competitive Edge so when I started my
blog I wanted to rank for terms around
business software so things that I've
been using at work like video
conferencing software crms website
hosting online courses landing page
Builders so you need to know things that
others don't this was my competitive
Advantage because I knew a lot about
these things I knew a lot about SEO and
Link building and things that people
didn't know at this time so I could
write and talk about them easily which
made the process of creating content
that much faster and more efficient so
all I had to do was create content
around these types of software posts
review them make sure I set up my blog
pages in a way that would get traffic
from Google and this way I was the
middleman between someone thinking of
something and searching for it on Google
a product and purchasing through an
affiliate link so something like the
best podcast hosting so here my site
lives on Google and sends me traffic
every day for the term podcast hosting
or best podcast hosting and even just
from one recommendation on this page I
make over eight thousand dollars in
affiliate commissions every month from
buzzsprout that one recommendation alone
so once you know how to set up your site
and write about topics to rank for get
traffic on Google then you just have to
implement the strategy and continue to
implement it and continue to do it over
time without quitting so how fast can
you implement what you know if you want
to come up with this writing schedule
this content creation schedule so when I
was first starting out I had this nine
to five so I did my best to publish two
or three solid articles a week sometimes
two sometimes one even now when I
started making money and I was trickling
in some income I was able to quit my job
which bought me a lot of time back to
create more content then I hired another
writer to help me scale this faster so I
was able to basically double my output
and then focus on other things like link
building guest blogging building my
authority getting targeted traffic to my
site so you don't have to go as fast as
I did but doing this with some speed and
some urgency and focus is important
early on this is how you build true
momentum so if you only post one or two
articles a month it's going to take you
a long time to rank for keywords that
bring any amount of appreciable you know
traffic and value and money into your
website so you should aim to post
multiple articles a week if you can if
you can because not everything you
publish is going to rank so the way that
you create Leverage is by publishing
regularly and letting Google do its
thing by recognizing you as an authority
in the niche you're writing about so
let's take a look at some numbers so
let's say you want to replace your
current income and you currently make
five thousand dollars a month working 40
hours a week for sake of Simplicity
let's say you're promoting a few
different affiliate products that cost
500 each and you make a 20 Commission on
those sales that means you need to sell
50 of those products every month in
order to match your income of five
thousand dollars every month now when
you break down the numbers we usually
say that around two percent of your
visitors will make a purchase that means
you need around 2500 visitors to the
pages that link to the products you're
sending traffic to so 50 purchases times
a hundred dollars equals five thousand
dollars now you've just matched your
nine to five income it's time to double
that you know keep working figure out
the next steps then you can quit your
job Focus 100 on this business or hire
someone to help you while you're working
your day job it's really up to you as
long as you don't quit so when you just
start out it's best to have a plan for
this content so I use what I call a
Content assembly strategy where I make
sure every article has a basic structure
it's optimized for SEO I have affiliate
links and multiple pages on it and it
links you know from other pages to my
website so this means you can get a lot
of content done relatively quickly if
you use kind of a Content assembly line
method the faster you can get your
content indexed in Google the faster
Google's AI can crawl your site
determine its Authority and start to
rank you initially in the search ranking
so it's about quality and quantity so
over time you continue to update your
content to keep it fresh and make it
more engaging so Google knows when you
update your pages so the better you do
this the higher you'll rank so higher
rankings equal more clicks and more
clicks equals more money so this was the
approach I took when starting out
because I knew I needed multiple pieces
of content out there before I'd see any
traction so when I first started making
money it motivated me and helped me
build more momentum to do more and the
progress snowballed from there and to
the blog I have now that earns over 125
000 a month from just affiliate income
so as you can see affiliate marketing is
a highly lucrative way to make money
online even now in 2022 we're still in
the beginning of a massive shift in how
people are spending their money so more
and more people are going online to buy
stuff instead of going out and while
this is a viable way to make money what
you need to remember is that it does
take time to build up your brand this is
not a get rich quick scheme but if you
do it correctly you have the opportunity
to quit your job save more for
retirement or even take it further and
build generational wealth by leveraging
your skills and abilities online so if
that was interesting to you if you want
to learn the exact strategy how I built
my business into a four hundred thousand
dollar a month online business make sure
to click the link in the description
below sign up for my free 60 Minute
Master Class thousands of students have
gone through and had lots of aha moments
so click that make sure to like the
video and please check out other videos
on my channel I've got a ton of videos
on SEO blogging affiliate marketing
making money online in the 2020s and the
business strategy behind it so please
like the video again and I will see you
in the next video
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