passive income affiliate marketing Archives - Affiliate Marketing Mentors

To make an affiliate marketing passive income you need to do more than just sell an affiliate product. A single affiliate sale only generates a single commission. The first sale is a great achievement for any affiliate. But to make consistent sales is the ticket to a passive income from affiliate marketing. Of course if you can make one sale, you can make many more. If you can make sales passively, you’ve cracked it. If you can make a passive sale scalable and automatic, that’s even better.

There’s many ways to do affiliate marketing and some of them are more passive than others. Certain marketing tactics which affiliates use can take years to start generating traction, such as blogging. Other strategies are faster and more scalable, but require more investment. If your goal is to make an affiliate marketing passive income, there’s a few things you should know.

An affiliate marketing passive income is a wonderful thing. It means you can live your life and forget about working for a living. But first you have to make it work. Many affiliates fail and success isn’t a given.

Affiliate Marketing Passive Income: Blogging

With blogging you can make a passive income from affiliate marketing, once you’ve done the work! Blogging can take months or even years though before you see the fruits of your labour. That’s not something every new affiliate is prepared to do. A new blog is unlikely to produce the kind of traffic, leads and sales as one which has been around for many years. So with blogging, although you can earn passively from free traffic, it takes some time and dedication to create the content you’ll need to generate traction.

If you’re not prepared to put at least a year into blogging, it probably isn’t going to work as a passive income source. You’ll need to create and promote a huge amount of content for it to start generating any authority with Google. Without Google, or the help of the search engines, it’ll be much harder to generate traffic in large amounts.

Blogging is a cheap way though to generate an income online passively. If you’re prepared to work at it for a long time with little to show initially, it can work wonders over the longer term.

Affiliate Marketing Passive Income: V’logging

V’logging, like blogging takes some serious commitment. But once you have a heap of videos on YouTube (or TikTok), that content can work for you 24 hours a day, 7 days a week, bringing traffic to your affiliate website passively. YouTube (owned by Google) is the second most popular place online for traffic after Google. Many YouTube videos are also shown in Google’s search results and it’s a good source of traffic for anyone prepared to put the work in. However the platform has become more competitive over the years and there’s many thousands of YouTube’ers competing for views.

Still, YouTube is less competitive than Google, so building a channel might be a good idea if you decide that video is your thing. See also blogging vs vlogging. It can take several months or years to break through and start generating a lot of passive traffic through uploading videos to YouTube simply because it’s a hugely competitive platform. But if you stick with it long enough, you’ll be rewarded with free traffic.

Affiliate Marketing Passive Income: Memberships

Yes membership products are one of the best ways to make a passive income from affiliate marketing. With most affiliate products you only get paid one time. So when you sell one time commission product you need to keep making sales over and over again. With membership products you can earn passively from sales you’ve made already. So it’s obviously a good idea to choose subscription products if you’re an affiliate.

Subscription affiliate programs tend to be those which offer ongoing value to the customer. Things like training programs, software products and business tools often carry a membership fee which can be passed on to the affiliate. One sale can make you a passive income, unlike most affiliate products.

Of course there is attrition and some memberships you sell will be cancelled. But if you choose products which offer the most value, you’re more likely to attract longer term memberships. Business tools are a good example of this because business owners need them in order to run their businesses.

High Ticket & Subscription Products

Unless you have been blogging or v’logging for some time, it’s tough to get traction with an affiliate business organically (with content). The much faster method of selling affiliate products is through paid marketing. However, with low value products, it can be difficult to determine whether a paid advertising campaign is going to work without spending a huge amount of marketing budget on testing ads.

Even with a subscription program, you can spend a lot of budget testing out whether your strategy is going to work; often to no avail. A good solution to this problem is to use a high ticket sales funnel which contains a subscription product within its range.

A range of high value products allows you to earn much larger commissions with high ticket sales. This helps recover your marketing budget much more easily when a sale is made. You can also make residual income on the subscription products within the funnel. It’s much easier to make a profit and use paid marketing with a high ticket product range. Paid marketing is faster to implement with an affiliate business and much more easily scaled than using blogging or other slow content marketing strategies.

Summary

You can make an affiliate marketing passive income through using multiple methods of course too. A blog or YouTube channel will take some time and serious effort to build up organically. But over the longer term this can give you free traffic which means you don’t have to pay for it. Paid traffic is much faster of course and much more scalable. So when you find a winning campaign, you can simply scale up by increasing your marketing budget.

Consider using a high ticket sales funnel and subscription affiliate products too which pay out recurring commissions.

Passive income and affiliate marketing go very well together. Affiliate marketing offers a number of ways to generate a passive income online. You can sell other people’s products over the internet and automate the process. Without having to deal with customers or handle products directly, it offers a hassle free way to make money once you know how to do it. You can also use recurring commission affiliate programs to generate ongoing commissions from previous sales, too.

These are products which are either software tools or memberships. Business tools and website optimising software are some of the best products to sell as an affiliate. Once such tools become beneficial to someone’s business and profit margins, customers tend to be very loyal to that product. If you have referred the sale, you’ve potentially got a lifetime commission from each sale. A lifetime commissions affiliate program offers ongoing value typically for online businesses or website owners. Sell a product once and earn for life!

Passive Income & Affiliate Marketing – Strategies

Affiliate marketing by its very nature is passive, too. Affiliates sell other people’s products and services for a share of the profit. They do this through email marketing, websites and paid advertising. All of this can run without interference 24 hours a day 365 days a year, selling products on autopilot.

Using subscription products is another way to generate passive income with affiliate marketing. If you choose to sell subscription products, your income compounds over time because of the sales you’ve made previously.

Multi-tier commissions is yet another way to earn a passive income with affiliate marketing. A multi-tier affiliate program pays you based on the sales made by people whom you’ve referred that program. They are members of your members. Some affiliate programs offer multi-tier commissions and it’s another means to automate commissions and earn a passive income through affiliate marketing.

Passive Income & Affiliate Marketing – A Product Range

Many affiliate products only pay you once for the sale. Physical products fall into this category. But some digital products pay you over and over again for the lifetime of the customer. Some, too only pay you recurring commissions for the first year. So it’s wise to start out with your affiliate marketing journey using the products which will compensate you the most for your hard work.

Having a product range is another consideration, still. With a product range, you only need to refer the initial product to your customers. Once your customer purchases the “entry level” product, they are automatically offered other products within the range and you receive commissions on those sales. Some affiliate programs also have a built in sales team – closing sales on your behalf.

With a built in sales team, a digital product range and automation in your referral processes, you can scale up your online business very quickly to a global audience.

Why Digital Not Physical Products

Digital products offer the best of all worlds when it comes to creating a passive income online. With physical products, you only get paid once per sale. Your commission rate is usually much lower than for digital products. See affiliate marketing commission rates.

Plus, with physical products you can’t create a passive income through ongoing recurring commissions. There’s no product range, built in sales team or up-sell with physical products either. So you’re leaving money on the table by choosing physical products which typically pay 3-11% commissions compared with 30-60% for digital products.

This is a massive disparity and because physical products require handling, manufacturing and postage costs, they can’t compete with digital. Digital products however, once created, don’t carry these costs. So digital product owner can afford to pass the savings on the the affiliates, since they’re the ones making the sales.

A Digital Product Range + Marketing

With a digital product range, subscription products, a built in sales team and multi-tier commissions, you can potentially have a much higher return on your investment.

Compared to physical products, it’s massively higher. This means you can afford to advertising using the best platforms. YouTube and Facebook for example are notoriously expensive. But they’re also very clever and you can target your customer very specifically and reach a global audience.

With cheaper, lower commission products, you simply can’t use some platforms because you won’t recoup your advertising spend. Paid advertising is much more difficult if you’re promoting low value physical products and this means you’re stuck with content marketing and other cheap alternatives.

This kind of marketing can take a whole lot longer to generate any traction with. It can take years, compared with months if you’re using paid marketing strategies. Plus, paid marketing can be automated and scaled up. With slower content marketing, you’ll have your work cut out.

Access A Digital Product Range & Business System

The SFM Digital Business System offers an all in one digital business system and training platform. You can benefit from:

A high ticket product range – earn up to 40% commissions on a number of digital products
A built in sales team and automated “up-selling system” – simply refer the initial product within a range and let the system do the selling.
Subscription products – earn recurring commissions from your referrals
Multi-tier option – choose a higher level commission option and multi-tier commissions with higher value products.
Training and mentorship available – earn as you learn and access an online community of online entrepreneurs.

Access here to get started.