(soft calming music)
- I know that right now passive income,
and affiliate marketing
is something everybody's talking about, myself included,
but it's actually really practical,
and can help take some of the stress out of your life
when it comes to making a side income.
In fact, if you want to make your first $100 a day,
I have a step by step guide for beginners
for getting started with affiliate marketing,
so I'm gonna link to that video of in the info card,
and I have some other helpful videos
in the description for you that you can check out.
Now in this video, I want to do something different.
I want to give you some of them like, my ninja tips,
some of my secrets that I don't think I've seen
a lot of other people in this space really talking about.
So I'm gonna give you seven of my best tips
for affiliate marketing that can help you make as much as
$7,000 a month in passive income.
And just so that there's some proof,
because I know everybody likes to make these claims.
I'm going to put them up on the screen real quick.
So there you go.
You got some Bonafide, you've got some screenshots,
so let's get into the video.
Hey everybody, this is Roberta Blake
helping you create something awesome today.
Welcome back to the channel, for the new people here,
My name is Roberta Blake.
I'm a creative entrepreneur, a public speaker,
and I like to talk about things
like how to make money online,
because, well, I actually did it,
so if you like that kind of thing,
maybe you check out the other videos,
subscribe to the channel.
Let's go ahead and get into my seven tips
that are gonna help you make passive income
with affiliate marketing.
These are things you probably haven't heard before.
So let's get into tip number one.
Tip number one is going to be about cookies.
Cookies are kind of a tracking mechanism
that helps people tie your sales to your commissions
when it comes to affiliate marketing.
And the thing a lot of people don't realize
is that programs like Amazon,
some of them have these short term cookies.
There may be 24/72 hours.
But you want to do is you want to prioritize
affiliate programs and products that have longterm cookies,
things that you know have a week, or even 14 days,
or 30 days behind them, so that when you get that click,
there's a larger buying window.
If there's a larger buying window,
you have a better chance of earning that commission,
because if somebody who clicked on your link buys,
but they wait, they hesitate,
then that's gonna be a sale that you don't get credit for.
And that's not gonna feel great.
I mean, you want to help people, and provide resources,
but it'd also be nice to get that commission for,
you know, creating that value.
So ultimately, I think if you can find longer term cookies,
and increase that buying window,
that you're gonna be better off,
and you're gonna get more of those sales.
So, yeah, I bet you most people never told you that one.
Number two.
Number two, this is my most important strategy,
and it's the strategy that I'm gonna be using
to try to scale my affiliate revenue to as much as you know,
$20,000 plus, recurring (cash register dinging)
over the next 18 months.
Now, this is a longterm strategy,
and this is something that not everybody
is gonna be suited for,
but it's going to be around recurring affiliate revenue.
Recurring affiliate revenue means that
you're usually to deal with like,
software as a service, right?
A primary example would be for people who,
do something like build online courses.
There's Teachable.
So if I do any tutorials
that teach people about online courses,
I could give them a link to Teachable,
or something like Kajabi.
And what happens in that instance is,
I would get 30% recurring revenue
for the lifetime of that account.
Now, with Teachable, that math is kind of simple.
You know, it's a $29, or a $9.99 a month plan.
It's like, well, that would mean that that's roughly $10,
or $30 a month recurring.
So now you can imagine that, well,
if you keep on making videos,
or content that helps people,
and that facilitates a sale of that service,
that you're gonna get recurring revenue over,
and over again.
So let's say that you got, you know,
500 people on a recurring revenue system
that generates $10 a month. (cash register dinging)
Well, you would have $5,000 a month from those 500 people.
If you are able to get 500 people in year one,
and 1,000 people in year two. (cash register dinging)
Well, at that point you're at about $15,000 a month
in recurring revenue.
You're making a six figure income
off of a single affiliate program,
because of the volume of lifetime sales
with a recurring commission tied to the affiliate program.
Now you can diversify,
and find a lot of different programs
that offer recurring commissions.
Some of them do 10%, some do 30%, some do even 50%,
and that would be a priority target for you to say,
can I make valuable content that facilitates these sales?
Can I market this effectively?
Can I sell this effectively?
And can I also make sure that in some way
I'm supporting the people who use this,
so that they stay signed up to the account,
and that they're getting value out of that account?
So in the education market and space,
that's a lot easier to do,
than say if you're doing something entertainment based,
because there's not enough software as a service
with recurring lifetime commissions
in the entertainment market,
you're more likely to get a onetime sale there.
So that's why I like to prioritize things
that are recurring,
because that's a sustainable longterm income.
So between that, and longterm cookies,
I think that you understand why
I don't think this is something for overnight success,
or I don't think this is a get rich quick thing.
I think the only way to do it is to create value.
So number three.
Number three is interesting,
because I mean this does rely a lot more
on being tech savvy,
and it's gonna be about automations for affiliate leads.
So automations for affiliate leads would mean,
making automated post to social media,
and doing content marketing.
Now obviously content is the best way
to scale affiliate revenue,
and to get affiliate sales,
because you're using value as the lead in.
Now with automations, if you grow your audience,
and you have places to distribute,
Facebook, Twitter, et cetera, then that's gonna help you.
Now, if you can automate it in a way that makes sense,
then that's also going to help you.
What I recommend is an automation tool for this,
would be Meet Edgar,
and the reason I'm gonna recommend Meet Edgar,
instead of something cheaper like Hootsuite, or Buffer,
is that it can also help you make variations
of these posts for different platforms,
and also spread them out,
and schedule them, and use a content library.
So it's a more robust system.
I will probably need to make a dedicated tutorial around it.
But it's something that I think would help a lot of you,
because if you are putting that content out,
and then people are going to that content,
clicking on your affiliate links,
triggering those cookies more often,
and you automate this,
you're closer to making this truly passive.
So that's just something to think about.
Tip number four,
another way to scale affiliate marketing is through ads.
Now, not all affiliate programs allow you to do that,
so make sure you're reading the terms of service,
and that you're in compliance with that.
But there are some affiliate programs
that will let you take advantage of advertising
in order to get lead generation, and traffic.
Now, in other cases,
what you could do is not necessarily buy ads
that take people directly to the point of purchase
for an affiliate program.
You can take them to a piece of content,
and there's usually nothing wrong with that in terms of,
what the terms of service allow for.
You can go ahead, and you can buy ads,
and take people to a dedicated landing page,
or to a blog post, or something,
or freebie for your email list,
and you could grow it that way.
And that actually leads us directly into tip number five,
using email marketing.
Now again, as long as your email marketing platform
allows you to do affiliate marketing,
as long as the affiliate program allows for it,
this is perfectly fine to do.
Just read your terms of service for everything.
And if you've grown an email list,
you have direct access to people.
So if you have direct access to people through email,
and you're giving them value in the form of your newsletter,
then you're likely to get conversions,
and clicks from there either to content,
or to direct links.
So this is something else you can just,
you know, take advantage of.
That's gonna be really helpful,
and keep people in your ecosystem,
and give you more opportunities to scale this.
Now in terms of very practical thing
you can do with that email marketing,
is I like to set up automations, and triggers.
It's why use Convert Kit for my email marketing.
In fact, everything that I use in terms of the software,
and services, I'm gonna put my affiliate links
in the description for you so that you can use
what I'm using in order to accomplish this.
But the reason I like Convert Kit
is that I can set up these triggers.
I can track how many people clicked on something,
and I can see who actually clicked
on a specific type of link.
And then I can lead them into an email sequence
that might nurture them into a specific call to action,
or an appropriate, you know,
product that I want to put in front of them.
So I think that that's something you could really look at,
and you can map out.
I'm planning a video on a email marketing automations,
and I think it's something that really requires a deep dive.
So it's got to be a tutorial based video.
You'll want to subscribe if that's something you're into.
I've also done a video on seven steps to email marketing
for beginners that I think can be truly helpful for you,
if you're gonna go this route.
Tip Number six, video marketing,
video marketing, especially with YouTube,
if you're making evergreen content,
is a great traffic funnel for affiliate marketing,
and it's part of what helped me obviously,
and I think that ultimately,
as long as you're doing authentic content
that services your audience, that it's gonna be helpful.
Tutorials usually work really good
for software service products,
and things of that nature.
And this is something that I think more people
could take advantage of in the tutorial space,
because I think the tutorial space
is really about someone wanting to make a buying decision,
and wanting to be more educated about the product
that they use.
And the good thing,
especially if you think about recurring affiliate revenue,
or longterm cookies,
if you're thinking about those two things
I talked about at the beginning,
the way that this would work is that
you're more likely to have some ice stick with a product,
and continue to put in that money
into a recurring membership,
if they actually know how to use the product,
and are having a good experience with it,
and can ask somebody that they trust questions.
And that's why introducing products,
being a resource, making tutorials, following up,
answering questions is important,
and can actually really help you to monetize,
and make passive income
by doing upfront work that makes you part of a community.
And so I think that people,
you know, in the tutorial space,
or in the education space could take much more advantage
of affiliate marketing as a way to monetize
that doesn't always require them
to have people buy a course,
or buy a digital download product.
You can help facilitate the tools that they use
for their business, or their profession already.
And you could make money that way,
and it can be just as lucrative
as if you were selling your own product.
You won't get the margin,
but you also are borrowing credibility
from an established platform, and brand,
and you're not having to do customer service.
The product is.
So that's just something that you should really think
a little harder about in terms of, you know,
how you're diversifying passive income.
I'm gonna talk about that in some of their videos.
And I also think I'm gonna go ahead,
and link you to my video
on how I make multiple streams of income,
because I think it'll help tie
some of this together for you.
And finally, my last tip, my last secret for you,
is to have multiple affiliate marketing programs
that you're participating in.
And I know that doesn't sound like a secret,
but this is the hat trick.
This is the second part of that.
And prioritize the ones
that stand to make you the most money long term,
or the ones that provide the most upfront cashflow
if that's what you really need.
And so what do I mean by that?
Well, in the longterm,
I obviously prioritize the affiliate marketing programs
that have recurring sales revenue tied to them
for the lifetime of the account,
because that's the direction that I want to go in.
Now, other people who are starting out,
maybe even as beginners, or intermediate,
or they're making a certain level of income,
will want to prioritize,
well, what pays me the most upfront money
per individual transaction,
because they may be more concerned with cashflow,
and that's okay too.
So that might mean that they're doing a higher ticket sales.
That might mean that they're doing volume based sales.
That might mean that they're doing the thing that,
is the most accessible.
And so you have to just understand to set your priorities
based on either your expectations, or your limitations.
That's why most people sign up
for the Amazon affiliate program.
Another part of this is,
the far majority of people
aren't very experienced in something,
or an expert at something,
or they can't teach something.
So Amazon is just really practical to recommend
things that they use in their everyday life.
And so for them it makes perfect sense.
Now if you have a background
in something where you have expertise, or experience,
then you can take advantage of different affiliate programs,
and you can make those a priority.
Me, I prioritize software as a service over Amazon,
any day of the week.
But I am doing a gear based YouTube Channel,
based on some of what worked in my older content
that did a lot of, you know, laptop reviews,
and camera reviews.
I'm taking advantage of that
on a completely different channel,
building out a platform around that,
because it also makes sense to do that,
since I have the ability, and I have the experience,
and I have all this wonderful gear,
so I might as well benefit
from showing people how to use it.
So there's just some of the secrets
to affiliate marketing that I've discovered
help make the most money.
And you can scale these things, and you know,
for yourself, and see what your experiences are.
I just feel like it's gonna make you more money
than the generic advice around affiliate marketing.
And maybe it tells you a few things you didn't know.
Question of the day, and this one's gonna be different.
This one's gonna be fun.
What would you do
with an extra $1,000 a month in passive income?
What would you do with an extra $1,000 a month
in passive income?
I'm really curious about this one,
and what a difference it would make for you,
and your current situation in your life.
So drop that in the comment section.
I would love to hear from you,
and if you're not interested in that question the day,
because maybe it's too personal,
then what tip did you think was the most interesting,
or you hadn't heard before in this video?
Drop that in the comment section.
Like this video you if you like it.
Don't forget to subscribe.
Check out the awesome stuff here on the channel.
As always, you guys, thanks so very much for watching.
And don't forget, go out there,
and create something awesome today.
Take care.
(easygoing electronic beats)