With the increase of applications for each job on the market, it’s getting harder for young people to find work after they finished school, college or even university.
However, what most kids are doing now is starting businesses while they’re still studying.
In fact, the trajectory already is showing there will be a dramatic increase in successful business owners come the next generation.
Good news huh? Yeah, great, if you make a success out of your laptop but if you don’t then you’re back to square one. Not good.
In this post today, I am going to walk you through how to start your own business, right here, right now, on your laptop starting from today.
So, let’s get started.
The benefits of Affiliate Marketing
Affiliate Marketing is the best way to start any business online if you want to make money without having to create a product or a service yourself. At the same time, many companies and small businesses use affiliate marketing to support their own business by referring customers to other companies they partner with.
As a student, you can start your own business in your own time. To be a successful affiliate, you need to get into a niche you’re really happy with. Don’t forget, it is always best to get into a nicheyou truly love rather than a niche that you’re not really interested in. An affiliate business is one that grows and continues to grow so it needs to be something you’re happy to work on long term.
Any niche is a good one.
Don’t worry, even people want to learn and buy products like left handed golf clubs or knitting wool for making sweaters. There is an audience for anything. Getting seriously niche is the key to making a great sustainable business.
So long as you can generate your audience (by helping people through fan groups on Facebook, your own fan page and through building an email list. All things we cover in our FREE e-course on building an online affiliate business. You can sign up either at the right hand side or at the bottom of this page.)
Almost everyone big name has a affiliate program anyone can join. You don’t have to go through long forms to apply and it doesn’t cost you to join (you should never hand over money to join an affiliate program, no matter how good it sounds.)
You don’t have to worry about customers service, inventories, shipping or other costs and headaches that come with selling a product – either digital or otherwise. All you are doing is referring customer, readers and visitors to your site.
Now, I am going to walk you through the steps you will need to take to get your affiliate business started straight away.
If you’re looking for a sure fire way to start making money from the word go, then the ONLY way to do that is through affiliate marketing. This is when you promote someone else’s product or service which, if it results in a sale, you pick up a commission.
The commissions, depending on the offer you’re promoting, can be up to 80%. (a hint: don’t take up any opportunity to earn 100% commission as these are usually only list-building benefits for the vendor and not for you. The product in these circumstances tend to be less than average quality.)
This is an example of a typical ClickBank product:
You will need a landing page or a website of some description. We recommend starting a site with WordPress. Not only is this one of the most trusted webhosting platforms but it is favoured by Google and that’s ultimately who you want to impress.
Find a product or a service to sell. We recommend starting with ClickBank to find a product. They currently have around 25,000 products for affiliate marketers to promote. Register with ClickBankfirst and follow the steps shown in this following video to help you get started.
You might also want to sign up with Viglink. This is a world wide platform which, on application, will automatically enrol you in the biggest names and brands with affiliate programs. They range from Expedia, Walmart, Argos, Amazon, eBay and even Harrods.
We would also recommend Skimlinks. This is a another favoured site which will guide you through the process of finding the right affliate programs available to you. These work not just on commission but on Pay Per Click too which you can also get paid for. Even if someone just clicks on your link and doesn’t buy anything.
Next is promotion.
Often people think that they need to be selling to their friends and family like Avon products but this is now how affiliate marketing is done. Not in the long term anyway.
The key to making your affiliate business work is persistance and it can be viewed as this:
Afflliate + content + audience + product = commission + passive income + (long term strategy)
To create the results of good commission and passive income, you will need a long term strategy. This doesn’t have to be on a grand marketing plan scale. All you need to do is ahave a clear idea as to where you want to be in 6 months time, one year’s time and so on. Write down how much it is you want to earn and WORK BACK FROM HERE.
Say you want to make around $1000. To do this successfully, you will need to have an idea in mind of how you are going to do it.
You might look at look at an ongoing ClickBank product that has an upsell and/or a recurring billing like a membership. By doing this, you are not only fulfilling a one off sale with commission but you are reaping in on a regular basis (monthly or quarterly) futher commission on each month that the vendor collects from the customer. (If you want to read more about how to get started with ClickBank and find the ideal product to promote, CLICK HERE.)
Let’s take a look at the following example.
With this product on ClickBank, this promotes a membership – you can see the rebill for this product is $21.87. That means, that with every sale you make, you’re going to be taking on a regularly basis, $21.87 on top of the original sale of $4.34. We go into working with ClickBank in more detailHERE.
So you can start to see how it is very easy to start making a passive income online promoting other people’s products.
All you need to do is find a product that will ensure that if you make X amount of sales, you will generate the desired cash you want.
That is the end of our overview of affiliate marketing as a start up business for well, no just students but for anyone. We recommend now some further reading to help you get started.
What to do next…
To start your affiliate business, you will need to get some basic training to start on how to build a FREE website to setting up your site in order to gain Google rankings and traffic. We recommend you read our next article on where to get such training and support for FREE, CLICK HERE TO READ ON)
Michelle Hatcher is the founder of TVG Productions and is the former editor and founder of the UK’s only digital vintage publication, The Vintage Eye from which its sister email newsletter, the TVG, rocked up 60,000 subscribers in its first 6 months of publication. She is an expert digital marketer and has helped hundreds of craft and vintage businesses get off the ground since 2013 across the UK and the U.S. She is also a vintage entertainment promoter and the author of The Vintage Eye Guide To 20th Century Fashion and 1940’s Accessories. She is a lover of Steampunk and reports on events and festivals across the UK and the U.S and the U.S https://www.amazon.co.uk/Michelle-Hatcher/e/B01HS7NTKK