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by joetech
4028 days ago
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There are ways to make a lot of money with affiliate marketing, but that can involve a lot of trial and error and can (usually does) involve bootstrapping with a lot of your own cash or a credit card. Although I know of at least one person who turned millionaire after bootstrapping by maxing out his credit cards, I would never suggest doing that. It's a deep hole to climb out of if you fail and for every success story, there's probably 100 failures not talked about. In short, the successes I've seen involve buying advertising to get people to a landing page that generates leads with commissions that (hopefully) pay you back more than you spend getting the traffic. It's a delicate operation that pays well only if you get the landing page and affiliate choices right. I've also seen wealth generated with mailing lists. This is another affiliate marketing play that can be done without feeling too spammy and can still add value to the user. Similar to a mailing list, a forum can be easy to set up and maintain. Also like a mailing list, if you create a large enough user base, advertising can pay off. One of the better earners is a subscription model for just about anything. Software provided for free with a "premium" set of features for $x per month is a good way to generate a user base more easily. A couple things to keep in mind:
1. You will almost always have more success when you're passionate about the subject matter.
2. It will take time. Most overnight successes are preceded by years of ramp-up. |
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