Last updated on April 2nd, 2012 at 01:16 pm
Have you ever thought about how passive income, like affiliate marketing, can assist your entrepreneurial dream income?
My primary business trades services (time) for income (money), as a lot of business models do. The wonderful news about passive income is that it works for you 24/7. You set it up and let it go. Sit back and collect the checks… you get the idea.
Of course, that’s if you understand that all marketing require work to build.
Affiliate Marketing is an Internet-based marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliates marketing efforts.
That is the kicker, that any online success requires work to get visitors to come to begin with. Just ask Cath about the work that goes into our 8 Women Dream.
Here are the top 4 tips to help you choose affiliate marketing:
1. Research what is out there. What products or services do you want to promote? Some recommended places to start are Clickbank and the Pepperjam Network.
2. Does it match what you do? If you are selling services for online marketing (like me) having an affiliate that supports the path to online marketing makes sense. I don’t think I will be advertising workout equipment or weight loss products. They are just not a good match for me no matter how much they pay. And I would feel lazy every time I viewed the ad.
3. Find a place to put it. Online marketing requires online presence – a web site or blog. It also helps if you plan on actively promoting the purpose of this site. Which leads to #4.
4. Talk about it. Now that you have the site, you need to talk about it. Whatever your topic – business, services, reviews – keep your content fresh and relevant. It makes your users very happy to have a consistent message, and doesn’t hurt your potential affiliate income either.
Was this all Greek to you? For those of us who love a visual aid, get the basics of affiliate marketing by watching this video.
What ways have you thought of making another dream income? Have ideas for your affiliate marketing? Share and comment!
– Heather
Heather’s dream is to have multiple streams of income, starting with launching an e-commerce website that showcases her couture jewelry, which are crafted by her. You can find Heather online at For Your Adornment and Twitter And Beyond Dot Com. She also teaches Social Media tactics for business, besides being CEO of her own web design company. Heather’s post day is Friday.
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Heather Montgomery is a fitness writer, triathlete, and serial entrepreneur who is devoted to sharing what she has learned about becoming a triathlete after age 40. She uses her Metabolic Training Certification to help other women struggling to get fit in mid-life. She lives and trains in Santa Rosa, California, the new home of the Ironman triathlon. You can find her biking the Sonoma County wine trails.
Note: Articles by Heather may contain affiliate links and will be compensated if you make a purchase after clicking on an affiliate link.
