I wouldn't think of a high yield savings account as a source of passive income but your savings should be getting something (less like Seinfeld syndication residuals and more like a commercial jingle residuals!). It won't make you rich but it's nice if your baseline, risk-free rate of return on cash is 1% or more. The best high yield savings accounts (or money market accounts) offer higher interest rate and there is absolutely no risk. CIT Bank currently leads the pack with the highest interest rate.
Many people who start a business in affiliate marketing are just like me. I had absolutely no experience in internet marketing prior to starting my first blog. In fact, when I started my very first blog, it was on someone else’s website. I had zero intention of making any money from it and I had no clue how to build a website, so I just used an existing site. I simply wanted to blog about my lifestyle as a truck driver since I love to write and I thought it would help out other new truckers. The idea of making money only entered my mind after I started growing a following. I learned that I was essentially making the website owner some money and figured, hey, why can’t I make my own blog so I can actually make myself money instead of making money for someone else? The rest is history. You can read my full story and how I got into affiliate marketing here if you’re interested.
Great post Perrin! I think one of the biggest problems that rarely gets talked about are the nexus laws that restrict certain states from being accepted into an affiliate program. Currently, those states are Arkansas, Colorado, Connecticut, Georgia, Illinois, Kansas, Maine, Michigan, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Tennessee, Pennsylvania, Rhode Island, Vermont, Washington, West Virginia.
The Software Keep affiliate program offers your audience members everything they’ll need for their computer – from Windows operating systems, Microsoft Office Suites, Office applications, as well as Internet security and anti-virus software. Sign up with FlexOffers.com to learn more about the Software Keep affiliate program today! *Please note we are not currently offering this affiliate program in our …
Be sure to check what kind of customer support you can expect from your affiliate program once you have signed up. Do your research online and if possible, speak to other sellers using the program to get their thoughts. Can you speak to someone via phone or Skype or do you have to wait 72 hours for email responses? Be clear on this because trust me, you will need support at one point or another.
In short, both the affiliate marketer and the merchant will benefit in this program as the merchant will sell more goods and the affiliate marketer will get a commission for every product bought through his/her website. Many affiliate marketers earn a nice monthly income from selling other peoples’ products! Later, YOU TOO could be producing your very own products and collaborating with one of the top 10 affiliate programs below to enlist an army of bloggers and website owners to help you become financially free.
“Market Health is among the best performing affiliate programs that we work with, furthermore Market Health are very helpful and creative when it comes to attracting new customers and keeping customers coming back. This makes your job as an affiliate much easier. Market Health is by far the most active affiliate program partner we have ever worked with. And best of all - the people who run the MarketHealth.com Affiliate Program are cool guys ;-)”
Hey there, I’m Mahesh (@maheshone). I started learning and doing and experimenting web 2.0 stuff back in 2004 and eventually became a full-time computer nerd after graduation. Minterest is a digital marketing and technology journal that I founded in 2007 to feed my super curiosity (oh yeah, I’m a solo-blogger). I write about tech, marketing, and everything in between that excites me. And I love to work with small businesses to help them get the most out of the web. Outside of that, I'm equally passionate about the financial markets and I also spend a lot of time doing random things (see random facts about me). Say hi: @maheshone. Read More »
Being able to generate passive income largely depends on your audience, and if they detect that you care more about making money than serving them, you won’t succeed. “Whenever I’ve seen people do something just for the money, they’ve failed because their intentions aren’t driving them in the right direction. It should always be about helping people and about the passion of making others feel better. The byproduct of doing that is generating money,” says Flynn.
While there may be many ways to promote products nowadays, nothing beats classic word-of-mouth advertising. This is why ReferralCandy, one of the top 20 affiliate marketing software solutions, was created. An eCommerce store plugin, it lets you turn customers into advocates by rewarding them for telling their friends about your products. Marketed to small and large companies, this platform lets entrepreneurs provide incentives for referrals in various forms, such as cash, store credit, discounts, or free products. You can take a 30-day risk-free trial to see if ReferralCandy is a perfect fit for your company’s needs. Subscriptions start at $49 to $3999 a month, with the latter billed annually. In addition, they charge monthly commissions on top of their base fee that increasingly lowers as you reach referral revenue milestones.
Let’s continue the vintage BMW idea. Old cars obviously require quite a lot of maintenance. Many people will buy a “fixer upper” with the intention of spending their spare time repairing and restoring it. There’s a very obvious market here: a guide to restoring different BMW models. Depending on your knowledge, you could produce detailed guides for the three or four most popular models and sell them. Not everyone restoring a car will buy them, but some probably will.
This is a very common way to promote offers. For example, you will often see a blog post with links to certain products or services. If the reader clicks through and makes a purchase, the blog owner will make a commission. These in-text links blend in with other content on your site and are a great way of promoting an offer within your content, without being over-the-top salesy with banners.
Bowtrol Probiotics, our long time top performing affiliate offer has been redesigned and conversions have doubled. Each Bowtrol capsule contains over 8 billion good bacteria, with over 14 different strains that target every aspect of your health and give you a natural way to achieve digestive balance, increase your healthy bacteria, and significantly improve your immune system. Market this one today if you are not. Our new CPA has also increased up to 60% rev share.
The reality of the affiliate marketing landscape is such that some verticals are greatly represented on concrete affiliate platforms but not so much others. Software affiliate programs, however, are a notable exception. They are all around the place, which turns finding them into an interesting exercise. To ease the process for you, we have decided to put together this detailed explanation on where to find and how to join affiliate marketing programs run by software brands.
Blogs about consumables have the advantage of obvious choice for affiliate products to sell. If you just reviewed a certain pair of shoes, then you can stick an affiliate link to sell the shoes. Blogs that are not specifically about products don’t always have as congruent a choice when it comes to affiliate products to promote, but I would argue there is always something to sell if you think laterally.