How fast can you make money with affiliate marketing? Normally affiliates will spend at least several months building their affiliate business before they see signs of sales dropping in.
Depending on how you market your products it can take between 6 months and 12 months before you see consistency. With paid advertising and a high ticket product range (including subscription products), you can build a business faster using paid marketing. This is done by sending targeted traffic towards a landing page and collecting email subscribers. Deliver value driven messages to subscribers which promote a product within a large range of products. With such as system, you can more easily recoup your marketing budget and become profitable.
If you are using low value products this can be more difficult. With a smaller commission your ability to make money through using paid marketing is reduced. In this scenario though you can build traffic in a different way, organically. Organic marketing usually takes far longer than paid marketing; but it’s free and if you have an interest or passion that’s always a good place to start.
How Fast Can You Make Money With Affiliate Marketing?
Theoretically you could join an affiliate program, post your link and make a sale right away. But to make sales consistently usually requires much more effort. If you choose to sell subscription products this can speed things up considerably. With a good subscription product you can earn recurring income from each sale you make. There’s also high value products such as courses and training products which pay a lot more per sale than the average affiliate product.
Physical products tend to pay very little. Amazon, for example, pays affiliate marketers between 1% and 10% commission on sales generated. Digital products on the other hand pay a lot more (between 30% and 40%). With a high ticket digital product range you can earn the most in the shortest time using paid marketing. But even so, there is a period of learning where you should test your adverts out before throwing too much money at a marketing campaign.
The Fastest Way To Earn With Affiliate Marketing
The fastest way I’ve found to earn with affiliate marketing is to invest in a high ticket sales funnel which has multiple products within a product range. You want to be able to earn large commissions for single sales and recurring income from subscriptions. This lets you learn marketing by playing with a larger marketing budget than is possible when selling low valued items. You still need to be careful and test and measure your marketing campaigns before spending too much budget, which can easily be lost.
Within the community I joined the fastest timescale someone was able to replace their income was within 6 months using this method. But they did come from a six figure job and they had a large marketing budget to learn with. If you don’t have money to spend testing out your advertising, it’s going to take longer.
Some affiliates recommend not spending money on advertising at all until you start generating organic sales. Only then would they recommend spending a portion of your earnings on paid ads. But it really depends on the business model you use and the affiliate products you choose to promote.
How Fast Can You Make Money With Affiliate Marketing – Cheaper Methods
The cheaper methods of affiliate marketing are through using organic traffic generation. This can be done through blogging or uploading videos and building a video channel (on YouTube, for example).
This method of generating traffic can take a lot longer than the other method mentioned here. However, once you start getting traction, you can have a lot of traffic for nothing. This means all your sales are profit from then on. So it’s a strategy well worth pursuing if you have a passion for some topic or niche.
In the top paying niches, such as making money online, wealth and health, dating and relationships and so on, it can be difficult to get noticed. In such a competitive niche it’s going to take longer to get traffic because of all the other competition online. So it can be a good idea to find a less busy niche if you’re going to use the organic route. See also how to choose the best niche for affiliate marketing.
Summary
So, how fast can you generate an income from affiliate marketing? In general it can take between 6-12 months before you get traction as an affiliate. The time is different for everyone and will depend on a number of factors such as your marketing method and the products and niche you choose. You can considerably speed up your journey by choosing to use:
- An email list – puts you more in control of your traffic
- High ticket digital product range – a range of digital products which offer huge value to the customer
- Subscription products – which pay recurring income
- Paid marketing – is much faster and more scalable than organic methods
Even using all these advantages the time it takes will depend on your marketing budget and the things you do. Even a large marketing budget doesn’t guarantee success online and affiliate marketing is a performance based business model so unless you make sales you don’t make any money!
For more on affiliate marketing and to join a program which offers all these benefits (listed above) visit affiliatemarketingmentorsonline.com.
See also how much can we earn from digital marketing.
If you’re looking for personal coaching and mentoring for your online affiliate business you can sign up to my email list here – reply to any email and enquire about the coaching sessions I offer.