Affiliate marketing allows you to sell others peoples products without having to hold any stock yourself. It is a powerful way of starting your passive income empire as you do not need to invest a great deal of money up front to get going. Also, when you have established a presence on the internet you probably do not need to do a great deal to maintain your position and continue to earn money on auto-pilot. There are lots of affiliate schemes out there, but probably the best known is Amazon Affiliates. The Amazon scheme pays you a percentage of the sale price for direct customers to certain products or services.
If, for instance, you are interested in gardening and manage a website dedicated to growing tomatoes, you can recommend products to your readers, which if they buy will generate you some income. To create a link you need to sign up for Amazon in territories you intend to sell to. So, if the majority of your visitors are British then focusing on Amazon.co.uk would be the best thing for you.
Amazon will pay between 2% and 10% commission on purchased made following a click from your site. The purchase needs to be made within 72 hours of clicking on your link, however it doesn’t matter if the customer purchases a product you recommend, or something else. What matters is that they have used your link and bought something with 72 hours.
Why Amazon For Affiliate Marketing
Lots of people already have an Amazon account and have good experiences of buying through this channel. If the product you recommend is good and you are helping someone solve a problem, by linking to Amazon products you do not have to overcome the hurdle of customer trust. You see, your visitor will already have established a trust with Amazon and will not find it hard to part with money on their site. This is all good news for your passive income stream.
Also, if your site has a global readership, then you can have multiple links to supply products for different regions.
How to Get Going
Assuming you’ve already created an Amazon Affiliates account, what you need to do is create some content which can be accessed online and input a link you’ve created on the Amazon site into your content. Once you have the link within some useful content, then you need to make sure hundreds, thousands and millions of people read the content and are so convinced by your solution they will click the link and buy the product.
Getting visible on the internet is a dark art and one which entire websites are dedicated to. To get you started I would suggest you have a read of Pro Blogger by Darren Rowse as it provides a wealth of information about making successful content and getting your website seen.
Or onto the next idea