I am going to discuss another business model that has been working effectively since Amazon introduced it and keeps getting better as Technology keeps advancing.
Another thing about this business model is that it is perfect for people who do not want the stress of creating products or actually running a business so to say.
That is because all they have to do is sell.
The business model I am talking about is…AFFILIATE MARKETING:
Maybe you have heard about it before.
Affiliate marketing is a business model where you sign up as an affiliate with a company and you then promote any of their products.
When you make a sale on any product, you get paid a commission.
It is as simple as that.
You don’t own any products.
You don’t deal with customer support
You don’t manage employees
Or do any of those things that take a business to run
The first time I heard about affiliate marketing was in 2020 and I heard about it from a guy who was always showing me his dashboard on Expertnaire.
I quickly rushed over to sign up on Expertnaire and started promoting the products there…using my “ignoramus” techniques
And for a year, my Expertnaire account kept showing ZEROS
That was until 2021 when somehow, someone told me about the 72IG program on expertnaire.
Basically, there are 2 major types of online affiliate platforms you can join to get started as an affiliate.
- (1) The ROBUST AFFILIATE NETWORKS:
This is the big one.
To really make a lot of money as an affiliate, you need to have access to several companies that you can promote for and there is no better way to do so than by joining a robust affiliate network.
DEFINITION: These affiliate networks are companies like Clickbank, Moreniche, Jvzoo, Nutryst, etc that have thousands of merchants listed with them. These merchants own various products that you can promote once you are a member of the network.
For instance, if you sign up with Nutryst (an invitation-only platform), you will have access to at least 300 high converting offers that you can promote. They will even give you an affiliate manager that can help you out with some things.
Most of the robust affiliate networks are international.
Some don’t allow Nigerians to register
But what I and others who wanted to register on Clickbank do is that we find a foreign address and use it.
You can still do the same thing today.
But then, there are others who welcome Nigerians easily.
E.g. Jvzoo, Markethealth, Moreniche money by promoting any of the products on the site as an affiliate.—
Recently, we launched Expertnaire.com which is an affiliate platform where you can register and make money by promoting any of the products on the site as an affiliate
- (2) INHOUSE AFFILIATE PROGRAMS:
There are many companies with their own in-house affiliate programs.
This means the affiliate program is only for their own products.
This is how Amazon’s affiliate program operates.
When you check the bottom links of most sites, you will find out that they have affiliate programs that you can sign up with to sell their products
E.g. Konga and Jumia has their own affiliate program
Nairabet has its own affiliate program too where you make money by referring users to Nairabet.
As a matter of fact, I used to be an affiliate of Nairabet in 2020, and I was making about N15,000 a month extra coins
I was promoting it via a Chelsea Facebook page that I set up
And most of the time, joining affiliate programs is FREE.
Although a few require you to pay To join (E.g. MOBE’s affiliate program)
And some require an invite for you to be able to join
Joining an affiliate program is NOT the big deal.
There are many affiliate programs that I struggled to join in the past and my account balance is still reading ZERO
What I am saying is…
This business model is called Affiliate MARKETING for a reason
the business is in the MARKETING
You can decide to do affiliate marketing solely or mix it with other business models.
Most affiliates mix it with business model No. 1 (information marketing) because it just flows easily.
All you have to do is sell your information products on the front end and also recommend your affiliate products to your list of prospects and customers as well.
For instance, there is a super affiliate whose name is Greg Davis.
They also call him Mr $50k a day because he was said to be pulling an average of $50k a day in commissions at a time
I heard that has now increased to $250k a day (unconfirmed reports)
The main question at this point is…
What are the steps to making money with affiliate marketing?
- STEP 1: Sign up as an affiliate with a reputable affiliate platform – This can be an affiliate network or inhouse platform
- STEP 2: Start by picking one market (E.g. Skincare) and creating a campaign to sell a product from that market
- STEP 3: Launch your campaign and get traffic
I can’t give you any step-by-step system for marketing affiliate products because there are different ways of doing it depending on the type of products you are marketing.
If you really want to succeed big as an affiliate, here are 4 qualities of big-time affiliates that I know of.
(1) They know how to recognize good products & offers that they can promote
(2) They know how to get a lot of traffic
(3) They know how to create marketing systems that convert the traffic to sales
(4) And they know how to track their results so that they know where their sales are coming from
Affiliate marketing is a HUGE industry that is valued at $50B
It is the reason why so many 18 – 21-year-olds are able to buy cars like Ferrari and travel around the world.
Because they don’t have to create any product, import any product, etc – All they do is market.
Finally, if you are interested in earning massive commissions for selling my digital products online and that of others, I have good news for you.
Let’s say you promote one of my products that pays a commission of N15,000 per sale.
If you get 2 sales a day, that is 2 X N15k – N30k a day!
And you can start doing so by going to www.Expertnaire.com