Part 1 - What Is Affiliate marketing and How It Helps to Create Passive Income

Updated: Apr 2

This is the first part of our series of articles about affiliate marketing and posting referral links, how these work and how they may help you to create passive income. In this part we will start explaining one of the mostly hyped topics nowadays – affiliate marketing.

Photo by Christine Roy

If you’re wondering how to earn extra money from home, affiliate marketing is a hit contender for first place, thanks to the explosion of the Internet around the world. Being an affiliate marketer is an incredibly lucrative and satisfying venture, which can help you earn money while sitting in the comfort of your own home. It is also quite simple to set up and requires no elaborate investment. You can get started for free by signing up with a reputed affiliate marketing program and start earning money.


No doubt, affiliate marketing is one of the best passive income ideas of the 21st century. It is a great boon for people who are uninterested in working a 9-5 job 5 days a week. Affiliate marketing is also unique in that there are plenty of opportunities available for people in virtually every sector. As a result, you have the flexibility to select the niche you would like to work in.


How Does Affiliate Marketing Work?

Affiliate marketing basically involves signing up with an established affiliate network whereupon you will be issued a custom link to the products that you wish to promote. By sharing this link with others via your social media platforms, websites, or videos, you can encourage people to purchase products or services using this link, which will allow you to earn a commission on the total value of the sale.


Although it might seem like a lot of work, affiliate marketers enjoy a snowball effect – the bigger they become, the faster they grow. Affiliate marketing programs have allowed people to turn into multi-millionaires, all while producing content in their homes. When done right, it can be a great source of additional income for you and may even surpass your regular income if you remain consistent at it.

Photo by Thought Catalog

Where to Post Affiliate Links for Free?

You can post affiliate links in a number of platforms for free to boost your chances of earning money from your links. Many people prefer to stick to conventional affiliate link sharing platforms like blogs and social media. However, there are many other ways you can utilize it for extending your reach. Let’s take a look at some of these avenues. I Refer You is the first platform that allows you to post affiliate links for free, as well as use discounts and grast rewards offered by other users.

In this part we'll share two ways to share your referral or affiliate links. Stay connected to read future articles where we will write about other ways to create passive income by using referral income opportunities.


Guest Posting

In this method, you can pen down an article for another website with a high audience base and insert your affiliate links throughout the article. It is highly effective since having your links on multiple websites raises the number of eyeballs who happen upon it. Write guest posts on websites that deal in the same niche as that of the affiliate product to ensure higher sales conversions. However, this method requires you to have a thorough knowledge of the relevant niche in order to provide useful, enriching information to your audience.


eBooks

An eBook is an extremely easy way to boost customer confidence in your recommendations and increase sales conversions simultaneously. Writing an eBook is not that difficult as it’s made out to be. You can collect some information on a particular topic, package them together, and provide it to your readers as a free downloadable eBook and insert several affiliate links within the eBook’s text. If you are too reluctant to do this on your own, you can even hire a freelancer to ghostwrite your eBook and pass it off as your own on your website.

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These two ways to get engaged in affiliate marketing are just a start to our series of articles, check back soon to learn how to earn extra money online from home!

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