One of the best ways to make money while you sleep is through the internet. A clever business model known as affiliate marketing lets anyone sell online through automation. You don’t need your own products because you can earn through product referrals. It’s a little bit like recommending a restaurant to a friend. Only with affiliate marketing you get paid when your friend visits that restaurant because of your recommendation.
In this post I’m going to share some of the ways in which you can use affiliate marketing to make money in your sleep! There’s nothing better than waking up to an online sale. Automating the process of selling online can give you both time and financial freedom. So if you’re looking for another income stream or a way to escape the 9 to 5, this one’s for you!
How To Make Money While You Sleep – Advertising Methods
There’s many ways to earn online but affiliate marketing is one of the simplest. Simply find an affiliate product to sell and then learn how to promote it. There’s many ways to promote affiliate products and services online. Here’s some of the most popular methods:
- PPC – pay per click advertising – send online traffic to products directly through paid marketing
- Email marketing – build a large list of subscribers and automate email messages containing your affiliate links
- Blogging – this post is an example of the content I create on this website to attract people to the products I promote
- Video marketing – you can upload videos to TikTok/YouTube and use both organic and paid marketing methods
- Social media marketing – find your ideal customers through a variety of social media marketing activities.
Anyone can learn the skills for selling online and automate them to make sales in your sleep!
How To Make Money While You Sleep – Types Of Products
Most people have used the website Amazon to buy something online. But did you know that Amazon has an affiliate program which anyone can join? Once you have joined the program you can promote any product from the site as an affiliate and earn commissions for any sales you generate.
Amazon’s commission structure isn’t the best opportunity for making money in your sleep however, although it’s where many affiliates will start out. You get paid between 1% and 10% commission for most of Amazon’s affiliate products. There’s other products however which pay much more. Digital products don’t require any postage or handling fees and tend to pay much more. Typically digital products will pay between 30% and 40% commission. So even with fewer sales you can earn a lot more.
Subscription affiliate products offer one of the best opportunities if you’re wanting to make money in your sleep. You can sell a subscription product and earn ongoing commissions for the lifetime of a customer.
What’s The Catch?
The catch is that there’s work to be done before you can actually start making sales on autopilot. Many affiliate marketers will quit before they get over the hump of the learning curve. If they commit they can ultimately start making money passively and grow a large international business online, even without any products of their own!
You can dramatically speed up the journey from being a complete beginner to making sales in your sleep if you:
- Use both subscription and high ticket products
- Build an email list using paid marketing
- Get help and support from coaches and a community
Affiliate marketing offers a great opportunity for anyone who wants to build a genuine business online through the sale of other people’s products and services. Anyone can learn if they are dedicated and committed.
A good analogy of affiliate marketing is that of the Chinese bamboo tree. The plant has a 5 year gestation period beneath the surface. Once it breaks through the soil, the tree can grow 90 feet in only 5 weeks.