The core idea behind the program being that the convenience of referring users to a trusted location means they can immediately purchase products that an individual — who they also most likely trust — has advertised to them. With Amazon Associates it’s possible to earn up to 10% in referral fees and there are a variety of ways to generate the affiliate links to do so, including banners, widgets and text links.
However, there is one way to generate revenue through your writing that doesn’t require you to do all the work of creating a successful site by yourself. You can find a site that’s already successful, get hired as a writer, and earn a bonus for the page views your articles get. Some sites I work for not only pay me up front, but also pay a bonus based on the number of people who read my pieces (since the more readers I bring to the site, the more money the site makes).
From what he describes, creating passive income definitely does not sound easy. It requires a serious ramp-up -- often requires 80- to 100-hour workweeks in the beginning, says Flynn. But once up and running, and depending on the content, some sites take fairly minimal maintenance. Green Exam Academy, the LEED exam study site he launched in 2008, takes just him four to five hours a month to maintain but brings in $250,000 annually.
Unless you have worked directly in a marketing role or have run a website before, you probably do not know the basics of internet marketing. Sure, you can probably do a pretty good Google search, you might know your way around social media, and you can hold your own when it comes to online research, but actually building a site and marketing it to make money? That probably seems like a tall order, and I’m not going to lie… It will not be a fast and easy process to learn everything you need to learn. The good news is, as long as you’re willing to put in the time and effort, you can and you will learn how to build amazing affiliate marketing websites that earn you a passive income.
It is especially important to keep track of the ROI when it comes to expensive disciplines in online marketing such as Google AdWords campaigns. This makes it possible to control the profitability of advertising measures. When it comes to paid advertisement, you have to also take into account the probable scatter loss. If you don’t plan carefully, you will end up wasting money.
Although this article has been written in 2007, now in Feb 2014, I still find it full of great advice and tips. What I learned from this article is that when writing a review I should focus on how this product helped me achieve X instead of simply repeating and enforcing the features and benefits of the product that can also be found on the sales page.