Affiliate marketing allows its marketers, or “affiliates,” to take their income into their own hands. This strategy is, in some instances, referred to as a form of “passive income” for those who endorse products. By this, we mean affiliates aren’t always actively selling to make money. They put their strategies in motion and any sales that come through their site drive income.
While these models have diminished in mature e-commerce and online advertising markets they are still prevalent in some more nascent industries. China is one example where Affiliate Marketing does not overtly resemble the same model in the West. With many affiliates being paid a flat "Cost Per Day" with some networks offering Cost Per Click or CPM.
Affiliate marketing is an ideal solution for those looking to gain control of their own income by focusing on performance-based revenue options. Working in tandem with a seller, a motivated affiliate marketer will be able to achieve a passive income from the comfort of their home without worrying about producing their own product or service. Although the success of the job does depend on the affiliate’s marketing skills, it can prove to be an effective way to meet your income goals as either a primary career or a profitable second job.
I’m a former lawyer turned entrepreneur with Rodan+Fields (makers of ProActiv, the acne system). After welcoming my twin girls, I decided traveling, long hours, and dial-ins were no longer for me. I wanted to work from home on a part-time basis and Rodan+Fields has allowed me to do that. If you’re interested in earning a solid part-time income on your own terms, I’d love to talk to you!
Professor of psychology at Arizona State University, Suniya S. Luthar, Ph.D., examined the work-life satisfaction in new mothers. Her research shows the most satisfied are those who wanted to go back to work and did, as well as those who wanted to stay at home and did. The study didn't address WAHMs, but she says from her own parenting experience, being a WAHM is “just not doable. It’s a distraction. One ear is always listening for them. The kid is looking for mom to feel safe…. You’re not going to get your work done properly, and you’ll end up being a mass of nerves and guilt.”
Once you’ve established the fundamentals of technology entrepreneurship you are guided through how to sell, market and scale your new technology startup. NovoEd has recently teamed up with the prestigious Babson Global Entrepreneurship program to offer a whole range of entrepreneurship-focused courses. I highly recommend browsing the NovoEd website for their other entrepreneurship course offerings.
We don’t believe in offering an idea without figuring out how to follow it through. When it comes to developing a concept for your business, we’ll do the research, the writing, the design and we’ll promote it when it’s finished. After all, anyone can come up with an idea; only Black Bear Design can execute like we do. With a broad skill set and ever-expanding expertise, we do everything, and we’re proud of our ability to be nimble and responsive. Our clients love it, too.
Every WAHM has a similar horror story: She's on an important call, her toddler wants to watch Elmo or is suddenly starving, and her boss is left listening to a whining child and Mom's apologies instead of her bright ideas. Their advice? Hit the mute button during conference calls to avoid any unexpected yells of "Mommmeee!"in the background. If your child is fussing while you're on the phone, end the call and reschedule if you can. That said, you can usually count on a more compassionate response from another parent. When she first went back to work, O'Donnell would hide that she worked from home from her clients. Now she's up-front with them, explaining that her kids might interrupt. She's found that, in general, people are understanding.
Most businesses require startup fees as well as a cash flow to finance the products being sold. However, affiliate marketing can be done at a low cost, meaning you can get started quickly and without much hassle. There are no affiliate program fees to worry about and no need to create a product. Beginning this line of work is relatively straightforward.
One huge red flag is any company that promises you a “get rich quick” marketing strategy. Although affiliate marketing can be good money, it’s by no means instantaneous. Stay away from anything that sounds too good to be true. Also, stay away from any merchant that wants to charge you startup costs. Additionally, use established affiliate programs to find your merchants. Read reviews and ask around. You’re not the only person trying to supplement income with this marketing strategy, so there are plenty of other professionals with whom to crowdsource.
If HGTV is your must-watch channel, then a work-from-home job as a tour contributor could be a perfect match for you. Use your strong photography skills and eye for style to write house tours of homes of all sizes and styles. You’ll need to have superior writing chops, a good-quality digital camera and tripod (i.e., no iPhone pics), and access to Photoshop, Lightroom or an equivalent photo-editing program. Candidates for the position will be considered only if they submit a mock sample tour of high-resolution JPEG images, descriptive captions, floor plans and three short introductory paragraphs.
Since you’re essentially a freelancer, you get ultimate independence in setting your own goals, redirecting your path when you feel so inclined, choosing the products that interest you, and even determining your own hours. This convenience means you can diversify your portfolio if you like or focus solely on simple and straightforward campaigns. You’ll also be free from company restrictions and regulations as well as ill-performing teams.