I will share what we did, because it’s an incredible success story. We used an existing tax loophole where if you sell your primary residence (after having lived there at least two years) you get to keep your profit tax-free. So, we stair-stepped. We bought house after house, at least two years apart, used the profit money to pay down on the next house (so on and so forth, yadda yadda) building up equity as we went along… and now, we own a $600,000 house debt-free. And now we are using our paid-off home as leverage to borrow money to buy commercial buildings to rent out. I like commercial because it’s a BUSINESS transaction… kids, pets, other wear and tear that you see with residential rentals is nonexistent. People take care of their business space much better than residential. You have to be in a good area for renting out commercial – a thriving business community – to make this work. But that’s how we “made it”, and though it took 15 years, we will have residual income to take care of us when we’re old enough to retire. People made fun of us for moving so much, but who’s laughing now? 😉 Oh, and our child only had to change schools once (and we wanted to anyway) because we stayed in the same general area as we moved around. We were careful not to disrupt his life too much.
Anyone can be an affiliate, that’s why it’s one of the most popular ways of earning a passive income online. Amazon Associates offers up to 12% advertising fees, while Shopify pays up to $2,000 for new merchant referrals. But partnering with these big players isn’t the only way to capitalize on affiliate marketing. For example, blogger Caitlyn Pyle has shown how she earned $14,063 in six days from just one affiliate product. When executed to perfection, affiliate marketing can be incredibly valuable to the reader and immensely profitable to the affiliate.
Part of providing value is building trust. Don’t link to things that aren’t of good quality or people won’t trust your recommendations. The other part of making an audience is consistency. It matters less how often you post than how consistently. If you only have time to do one post a month, that post should come out on the same date and time each month.
For example, perhaps you successfully followed a 30-day cleansing strategy from a book; shedding ten pounds and making you feel better than ever. Tell your prospects about it! It will soften the hard sale aspects of your delivery and convince them that you are the real deal (Note: Show them ‘Before’ and ‘After’ pictures or screenshots if you have them).
Successful affiliates in any affiliate program simply don't sit there and wait for money to come. Why? Because there is no money in simply sitting and waiting. If you want to be successful in affiliate marketing and if you want to continually grow your affiliate checks, you've got to do something. Think of ways on how to promote your merchant's business and products better. Think of ways on how to induce other people to click on the link or ad provided to you by your merchant. Think of ways on how to make your affiliate sales increase!
You know who to coordinate with. Other than having the right product and a fully equipped website, you should also take time to study who to tap for your affiliate marketing program. You may choose to personally reach out to publishers, bloggers, or other individuals who caters to an audience similar to yours. Alternatively, you may find potential affiliate partners in other companies that offer products that complement yours.
Resist the temptation to make your content too product-centric. The goal is to produce relevant information that benefits your readers, establishing you as a credible and valued source. While you don’t want to overly sell your business or product in the content you create, it is important that all marketing pieces consistently reflect your brand. Also, don’t miss the opportunity to include your company’s logo, Web site, and phone number on each piece you publish.
Blogging is still going to take work starting out. That path to $5,000 a month didn’t happen overnight but just like real estate development, it build up an asset that now creates constant cash flow whether I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even if I take a little time off.
Round-the-Clock Customer Care. HasOffers provides an easy-to-use, intuitive user interface to help executives manage their affiliate marketing campaigns. But, they went above and beyond their call of duty by backing it with round-the-clock customer support. With this feature, you may tap their representatives via phone, chat, or email any time you have a question, and you can be sure that their staff will accommodate you.
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.