How this 24-year-old makes $8,600 per month in passive income—and works ‘just 2 hours a day’

When the pandemic hit, I lost my job as a waitress and my personal training job. I decided to take the loss as a sign to build the online fitness project I had always dreamed of.

I sold 90 day fitness programs, which included custom workout and meal plans, along with weekly training sessions via Zoom. I earned between $1000-$2000 a month and supplemented the income with my savings and Covid stimulus checks.

But I ended up working 10 hours a day and getting tired. So after a year of trying, I decided to quit my fitness business and find another way to make money.

For months, I’ve seen affiliate marketers — people who get paid commission from an online retailer for site traffic or sales — on my TikTok feed.

I was skeptical at first, but I had nothing to lose. I took an online course that convinced me that affiliate marketing can be a useful business model, so I did everything.

In July 2021, I used my TikTok and Instagram accounts to market affiliate products. I start posting multiple times a day, giving tips on how to start a side hustle, earn passive income, and increase your online presence. All the while, I’ve been promoting business and wealth creation tools and software.

By October, I had amassed 43,000 followers on TikTok, my biggest platform.

Since then, I’ve made an average of $8,600 per month in passive income (aka commission from my affiliate posts, including posts that were several months old and posts that sold recurring subscriptions).

If you had told me a year ago that I could do what I love — create useful content right from my phone and only work for two hours — I would have laughed.

I now have the freedom I’ve always wanted. At 24, I was able to move into a nice apartment in New York City, I’ve been traveling a lot, and my life no longer revolves around work.

You don’t need to have TikTok to create an affiliate marketing company. It could be through a website or some other social media platform.

Success will not happen overnight. It takes a lot of time and effort at first. Here are my top five tips for getting started:

1. Refer to experts for guidance

Find people who have done what you are trying to do and study their strategies. Reach out and ask if they would be willing to guide you through building your type of business. This will save you a lot of time, energy and money.

There are also courses, one-to-one mentorship programs, and online communities that can teach you how to start an affiliate marketing business. I used the 15 day business building challenge to expand my knowledge and skills.

2. Don’t start with multiple outlets and products

To focus your efforts, start with one place and find a successful affiliate product to promote. Once you have mastered marketing this product, you can start exploring other products.

I recommend brainstorming a list of your hobbies and interests, and then doing some research on the best affiliate programs in each category before narrowing your specialization down to just one.

If you plan to add an affiliate marketing company to an account or website that has already been set up, your niche should match the content your audience already likes. If you have an Instagram account full of photos with your dog, for example, search for affiliate products in the pet space.

From what I’ve seen, health and wealth building are two of the highest paying areas because products in these areas are often in high demand.

3. Find winning and high-ticket products to promote

You will spend the same amount of time and energy promoting a product that pays a commission of $2 because you will be promoting a product that pays a commission of $2,000. So the key is to find high-cost affiliate programs and make them the bulk of your business.

I use sites like clickbank.com and digistore24.com to find affiliate offers that pay well. When deciding what to promote, I look for products that contain:

  • high attraction, or a large number of marketers actively promoting the product. If many other people are spending their time selling a product, it probably means that it works for them.
  • recurring subscriptionsor a flat monthly fee for the product, so you’ll get recurring commissions.
  • Low recovery rate, which means that the majority of people who buy the referral offer are satisfied with it. This helps me make sure that I only promote high quality products.
  • Selling Opportunities, which means that when someone buys the basic level view, they also have options to add upgrades to that product for more money. Upsell Opportunities help you make money from customers with a low budget and customers who want to spend more.

4. Build trust with your audience

No matter what platform you’re marketing on, make sure your content is original. People want to buy quality products from someone they trust.

My content is always relevant and relevant to my audience. I build trust with them by doing things like putting my email in my social media bios and replying to direct messages from my followers.

This lets them know that they can always reach out to any questions they have about the products I’m promoting.

5. Hone your marketing skills

Affiliate marketing is not a “get rich quick” scheme. It requires you to learn skills like copywriting, consumer interest generation and communication.

These are the skills that characterize a Hassan Marketed by brilliant One – and there are many online courses to help you master it, such as the legendary marketer Dave Sharpe and specific courses on Skillshare.

Shannon Smith He is a full time affiliate marketer who teaches others how to make money online. Follow her on TikTok Tweet embed.

do not miss:

.

Leave a Comment