Making 6 Figures a Year with Affiliate Marketing

affiliate marketing

If you don’t feel ready to create your own products, you can get your start by marketing the products other people have created. Affiliate marketing is a great path because you get to make sales of other people’s products. You can break into your chosen niche and learn the ropes while earning money at the same time.

Eventually, you might be ready to create and sell your own products but this can be a lot less intimidating. (Not that product creation is difficult, mind you, but some people face writer’s block in the beginning). And it’s a great way to build up to a 6-figure income.

Getting Started in Affiliate Marketing

Before you get started, it’s important to study those who are successful with this model. Who are the heavy-hitting affiliates in the niche you’re interested in? Reverse engineer their success. How do they build their list they market to? What does their blog or website look like? How do they use social media?

You can find high-earning affiliates in many places on the web (their own blog or website, Facebook, Twitter, an email list, paid ads, and so on). They’ve worked hard to build their brand and their list, so they’re found all over the web for their topic.

Study the Experts of Affiliate Marketing

Join their lists and pay attention to how they market. Most likely, they do reviews and overviews of the products they promote. They pre-sell and get their audience excited and ready to buy before they even see the sales page. Their job (and your job) as an affiliate is to get people off the fence so they go on to buy the product and you get a commission.

Email marketing is very important as an affiliate. You want to build a list with everything you do. As an affiliate marketer, having a list allows you to easily promote products to a highly targeted audience. You can get to a point where you can send out a single email and earn a full time, 6-figure income without doing anything else. It takes effort to get to that point but it’s certainly not out of the question, especially when you eventually start to grow your list by releasing your own info products as well.

There are many ways you can get started as an affiliate marketer. You can promote info products or physical products. You can get started by setting up a squeeze page to build a list, giving something away for free, and getting targeted names on an email list that you then market affiliate products to.

Or, you can start out with a blog or website. Write content people in your niche will be interested in. Promote affiliate offers right on your website or put an opt-in form in several places on your website. Entice people to join your list by offering them something free (a report, helpful checklist, discount code, etc.). Then you can develop a relationship with them and make affiliate sales.

Affiliate Marketing Is Really Not That Hard

Affiliate marketing is basic. You get a link and drive traffic to a particular product. You can become an Amazon affiliate to promote physical products. It’s probably even easier and more lucrative in the long term for you to become an affiliate for info products through sites like ClickBank, JVZoo, and Duvisio. Then you can eventually sell your own products to the list and audience you build up.

There is no right or wrong way to do this. You can promote physical products or digital products (or both) and earn six figures as long as you stay focused. Promoting Amazon products is another way. You can become a 6-figure earner by promoting ClickBank products. Figure out what will work for the niche you want to enter and will be most likely to lead to long-term profits.

Projecting the Future

In addition to studying those who are already successful with this model, take the time to predict what it will take to get to 6-figures. Remember – all it really takes is 10 people giving you $30 a day. Can you sell a $30 info product and get at least 10 people to buy every day? I think you can – so develop a plan to make that happen. Get traffic and pre-sell that traffic so they are eager to buy the product you’re promoting.

One of the most important things you can do is find products that will convert well to your audience. Think about what they really need and want. Consider which products are already selling very well among that group and are most likely to sell well for you.

Driving Traffic as an Affiliate

Whether you promote products on your website or blog or focus email marketing, you’ll need to drive traffic.

You can drive traffic by becoming very active in your niche on social media. You can also use things like article marketing and search engine optimization to get found and known in your niche.

Your Website vs. Your Email List

Some affiliate marketers focus on getting sales right from their website while others put their energy into getting those potential buyers on a list before they try to promote affiliate products to them. No matter which direction you choose, it’s all about building up your presence over time on the web. Create a funnel of some kind that drives people to your affiliate links.

Or, you might ramp up your efforts and speed things up by using paid traffic methods instead of free ones. For example, you can drive people to your squeeze page or websites via Google ads. Or, you can use Facebook ads to drive people to a targeted Facebook page or squeeze page to develop a relationship with readers and then promote products to them.

No matter how you drive traffic, focus on building trust with your audience so people don’t hesitate to buy from you.

Promote Multiple Products

Try to set up as many hands-off affiliate marketing funnels as possible. Write autoresponder emails that sell affiliate products. Build up content on your blog or website that promotes affiliate products.

People should be able to find your affiliate links in many places all over the web. Promote a variety of products. You should be building a list as an affiliate marketer so you can send out affiliate links for recommended products whenever you want to. That will also make things easier if you start creating your own products some day.

It’s definitely possible to earn 6 figures or more as an affiliate marketer. You just have to create your plan for success. You have to figure out what people in your niche need and want and then deliver it to them in the form of product recommendations.

Affiliate Marketing: Quick Step-By-Step

  1. Choose your niche
  2. Take notes on successful affiliate marketers who you believe earn at least 6 figures a year in your niche
  3. Take notes on products you believe you can successfully promote as an affiliate
  4. Choose how you’ll promote- I recommend you focus on building a list and then pre-selling people on affiliate products you promote through your list
  5. Set up your affiliate marketing list funnel. Sign up to Aweber (or similar). Give away something for free on the squeeze page you set up
  6. Work to get traffic to your squeeze page via free methods (article marketing, social media marketing, videos, podcasts, etc.). Get traffic to that squeeze page in any way you can) and paid methods (Facebook ads, Google AdWords, Bing ads, etc.)
  7. Write a welcome message and other autoresponder emails to start developing a relationship with the people who sign up for your list
  8. Schedule emails that promote products to the people who’ve signed up for your list
  9. Only promote products you truly believe will help the people on your list. Don’t just blindly recommend something. You should be familiar with the product and/or the creator before recommending it.
  10. Continue marketing and building your list with the thought that you’ll fill your autoresponder so it works to make sales on autopilot for you—you can even schedule in a few posts per week for the whole year, all giving quality information as well as promoting products
  11. This gives you time to create more targeted squeeze pages, build traffic, and build relationships with product creators
  12. Rinse and repeat your way to 6 figures

6-Figure Booster

Sell at least 10 products a day as an affiliate for $30. Work your way back from that figure. How will you get to the 6-figure point as an affiliate?

If you’re stuck at any point along the way, search for the answer. Figure it out. The hard part is getting started in a new niche and starting to build that affiliate list. You can do it. You can arrange special deals with product creators and arrange joint ventures, increasing your affiliate income all the while. Take one of our courses.

Believe in yourself and focus, and you can be on track to earn 6 figures a year or more as an affiliate!

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The IM Dojo is the place for you to learn how to build your Internet-based business or learn how to use the Internet to market your offline business via content on the site as well as the courses in our online business training center. The IM Dojo founder Chris Lockwood has been making a full-time living online since 2002. His business career includes information marketing, copywriting, building funnels, membership sites, Kindle publishing, blogging, speaking at various marketing events, coaching, affiliate marketing, and e-commerce.

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