Passive Income through Affiliate Marketing

Often bloggers and website creators or owners focus their efforts on promoting particular products or services. As people purchase items through their recommendation, they earn a commission percentage from the sales of the items without extra costs passed on to the purchaser (refer to Image-1).

In short, affiliate marketing is ‘cost-per-sale’ (CPS) marketing. It is a low-risk, high-profit marketing model of attracting unlimited numbers of new customers and leads to a product or service that pays a commission, if and only if, the leads convert to a sale or purchase.

While other business models directly involve taking in customers or working strictly to meet project deadlines, affiliate marketing rather allows you—as a registered affiliate—to earn by referring or recommending merchant products or services that you sincerely believe in and trust. Dozens of different affiliate broker sites and services are available online. Collectively, they are the ’affiliate networks’ (i.e., ClickBank, Rakuten, Builderall, FlexOffers, etc.).

Affiliate networks provide you, as their affiliate, with an array of products or services to pick and promote.

1st passive income idea: Niche Affiliate Website

Becoming an affiliate marketer allows you to create either your own niche affiliate website or affiliate weblog.

A niche affiliate website serves as your online platform that focuses on solving a definite problem, which appeals or responds to all the pressing questions people may have about your topic or niche. The heart-and-soul of your website is to create pages with quality content and rank them on the search engine results page (SERP) by targeting a specific class of less-competitive keywords.

These keywords should entail specifics of the problem, which you resolve by referring to the use of a certain product or service to your site visitors. Volumes of visiting traffic ensue with your site’s high SERP and keyword rankings.

You earn a commission whenever the merchant website completes a purchase transaction through your recommendation!
Operating Costs- 1 | Difficulty Level- 3 | Profit Potential- 4

1st passive income idea: Niche Affiliate Website

A lead generation website is generally similar to a niche affiliate website, but with a distinctive twist. Instead of driving sales for merchant businesses, you deliver them with prospective customers or leads. Earning passive income through sending leads is even much easier than driving sales.

Any site visitor who causes a sales action or conversion only needs to register their interest in order for you to earn! Just imagine a content-rich niche affiliate website that shapes its inquiries into a very high conversion rate.
Operating Costs- 1 | Difficulty Level- 3 | Profit Potential- 4

3rd passive income idea: Coupon | Code Website

Who doesn’t love a bargain? Whenever possible, people like to know that they have brought something for cheaper than its initial cost. Many local businesses use online coupons to attract new leads and grow customer loyalty to their brands.

A money-saving website provides consumers with a direct sales value in the form of rebates or discounts on various products or services. It helps people to find the best and latest promo coupons and codes—either digital discount codes for online use or printable shopping coupons to take to the physical store.

When consumers grab their discount code from your site, stored cookies in the consumers’ browsers convey to the merchant that these consumers were referrals from your coupon website. Thus, you receive commissions from the merchant once consumers buy something or avail a service.
Operating Costs- 1 | Difficulty Level- 3 | Profit Potential- 3

4th passive income idea: Price Comparison Website

At some point during a purchasing decision, consumers use a price comparison website to compare prices of certain products or services. You could build your own price comparison site serving a certain niche, which details accurately your descriptions, reviews, and breakdowns of all the pros and cons of specific brands, products, or services.

You earn passive income through your site by referring your readers to certain affiliate links, which they will visit and execute a purchase.
Operating Costs- 1 | Difficulty Level- 3 | Profit Potential- 3

5th passive income idea: Affiliate Blogging | Authority Blogging

First and foremost, an affiliate blog site is different than a niche affiliate website. On one hand, a niche affiliate website generally involves focusing on contents about a product or service, particularly, using keywords that are easier to rank in the SERPs to convert directly the site visitors into actual buyers.

On the other hand, an affiliate blog site tends to focus more on the quality of the content that can build trust, influence, authority, and a brand. It is essentially a communication platform where you publish your blog posts on a regular basis in order to provide fresh content on the why’s and the ways before people purchase a product/service.

Regular updates in the form of articles, reviews, news, podcasts, and videos about a certain niche market, will help you to enjoy better rankings in the SERPs while building your solid base of followers and subscribers. You earn passive income as an affiliate blogger in three ways:

  • Products or Services – You sell your own brand of product or service to your blog audience.
  • Affiliate Earnings Via Affiliate Links – You promote affiliate offers and refer sales to merchant businesses by writing about them in your blog. You may also create training courses or tutorials and other paid writing assignments. Some authority bloggers do both.
  • Advertising – You can also source your income for showing ads on your weblog or receiving clicks on these ads. Advertisers pay you through the cost-per-mille (CPM) of the ads, or the price advertisers pay per 1,000 ad impressions on your blog page.

Advertisers can also pay you through the cost-per-click (CPC) of the ads, or the price advertisers pay for each click made in their pay-per-click (PPC) ad campaigns.
Operating Costs- 1 | Difficulty Level- 4 | Profit Potential- 4