Are you thinking of doing affiliate marketing as a full-time career?
If so, you will, of course, want to know whether it's possible or not.
When it comes to affiliate marketing, it's been a very lucrative way of making money online.
Today I will answer this question in detail.
Can affiliate marketing become a career in 2021?
Yes, you can take up affiliate marketing as a career in 2021. In fact, the world of affiliate marketing is expanding at a rapid pace.
As more and more companies adopt digital marketing, they are also launching affiliate programs to gain sales.
That is why one thing which is for sure is there is no dearth of affiliate programs or opportunities to make money through affiliate marketing.
Affiliate marketing is one of the most lucrative ways to make money online.
It is lucrative enough to take up as a full-time career.
You might be thinking, how to do so?
I will explain the most important aspects of taking up affiliate marketing as a full-time career below.
How to make affiliate marketing a career in 2021?
I will share with you the step-by-step way in which you can do so below.
Research your niche thoroughly
In the world of affiliate marketing, your niche will determine your success.
If you end up choosing the wrong niche, you might end up wasting months or perhaps years.
To avoid this, you have to research your niche thoroughly.
There are a few things which you should look out for a while choosing a niche. These include:
Evergreen
Rather than choosing a seasonal niche, you have to choose an evergreen niche like:
- Forex trading
- Budgeting
- Health,
- And so on
You should avoid niches like winter clothing, and Halloween-themed products, and so on.
If you want to make a full-time career in affiliate marketing, it is essential to make sales all around the year.
You can do so only when you choose an evergreen niche.
Commission percentage
In certain niches, the commission rates are on the lower side.
When you're researching a niche, you have to look at the commission rates in your niches. It should be 50% or higher.
Moreover, if it's recurring, that is a definite advantage.
In the end, you may shortlist your best affiliate programs and use those to promote relevant products or services.
Ease of selling
As an affiliate, you will have to promote the product consistently. To do so, the product should be easy to understand.
Only when you know the product you can go ahead and sell it.
If it's something too technical, you may not be able to do so.
Should have pressing problems
The niche should have pressing problems.
For example, when you make money online, someone might be looking for a side hustle, someone might be looking to pay off debt early, and so on.
Only when your niche has multiple problems can you promote various products to make a full-time income.
Once you compare the niches on these four parameters, it will become easier for you to choose the right niche.
Shortlist the products
Now that you are aware of the niche, you have to carefully choose the products.
Once again, there are a few tips which you can follow to select the products.
Go with a product that delivers
You should not just look at the commission rates while choosing a product.
You should go with the product which does what it says. When that is the case, it will become effortless for you to promote the product and get sales.
Prefer products that offer affiliate tools
If the product you are promoting offers multiple landing pages, promotional videos, email templates, and so on, you have to prefer that product.
It will be much easier to promote that product.
Upsells and cross-sells
You should ideally pick a product that can maximize your revenue per sale.
When it has upsells and crosssells, you can consistently make more than just the commission on the basic product.
It will allow you to earn more.
Earnings per sale
You have to look at the earnings per sale which you make. It should be upwards of $20 per sale.
Only then you can employ various methods to promote that product.
Track record
Lastly, you have to look at the track record of the product and the creators as well.
They should have been in the industry for quite some time. Only, in that case, you can devote months to promote that product and earn a full-time living.
All you need to do is to compare the various products on these five parameters.
Once you do so, it will become easier for you to choose the right product.
Choose your traffic source
Once you have shortlisted the product, now is the time to choose your traffic source. Traffic sources can be plenty like:
- Paid advertisements
- Search Engine Optimization (SEO)
- Email marketing
- Social media
- And so on
You have to ask yourself questions like:
- Which is my target demographic?
- Where does my audience spend their time?
- And so on
Once you get answers, it will become easier for you to choose the relevant traffic method.
Build authority
After that, you have to start building authority in such a way that you gain more and more traffic.
For example, if you're relying on Seo, you have to build a blog or a website to showcase your knowledge in your niche.
If you're building a social media community, you have to share relevant content consistently.
Only when you build authority can you make a full-time income through affiliate marketing.
Authority building takes time, but it will undoubtedly help you make a full-time income online.
Gain control over your traffic sources
To make affiliate marketing your full-time career, you need to have some control over your traffic.
When you're using Seo, a Google algorithm update might result in lower rankings overnight.
Similarly, an algorithm update on social media networks like Instagram or Facebook can lower your traffic as well.
The perfect way to avoid these problems is to build your email list from these traffic sources.
Once you do so, you can gain control over the traffic.
If you want to make money with affiliate marketing around the year, gaining control over your traffic sources is necessary.
These 5 tips will help you make money with affiliate marketing and make it your career as well.
Now that you know the basic blueprint, you would, of course, have the question, how long does it take to do so?
I will help you out with that as well.
How long does it take to make a full-time income with affiliate marketing?
The answer is, it can take anywhere from 6 months to 18 months to make a full-time income through affiliate marketing.
The truth is that the time depends on a lot of factors like:
Traffic source you choose
If you choose paid ads, you're likely to make a full-time income within six months.
On the other hand, if you choose social media or Seo, it can take up to a year.
So, the best and reliable way to go forward is to rely on multiple sources of traffic.
Multiple sources of traffic not only help you diversify but also gain quicker results.
Scope of the niche
If the niche is pretty wide and you can gain thousands of visitors, it will take you less to make a full-time income through affiliate marketing.
The time you're devoting
If you want to take up affiliate marketing as a full-time career, you will have to devote time to it daily.
If you're devoting an hour or two daily, it will take 18 months to generate a full-time income.
On the other hand, if you're devoting 6 to 7 hours to it daily, you can generate a full-time income within six months.
Like with any other career or business, the more time you devote, the more money you can make.
Thus, it can take anywhere from 6 months to 18 months to generate a full-time income through affiliate marketing.
Once you tweak the above factors in your favor, you can certainly do so in 6 months as well.
If you want to accelerate your results, you can always take one of the best affiliate marketing courses available out there.
Now comes the critical question of how much you can make as a full-time affiliate marketeer?
How much can you make with affiliate marketing as a full-time career?
You can easily make $100 per day or higher as a full-time affiliate marketer.
If you spend over a year building up your traffic sources and exploiting multiple sources and revenue streams, you can make upwards of $1000 per day.
When it comes to affiliate marketing, the sky is the limit.
You can branch out to various niches and sub-niches as well. That will multiply your income.
So, yes, you can take up affiliate marketing as your career in 2021.
However, you need to do so with all seriousness if you want to make a full-time income.
Only, in that case, you can make a decent amount of income and scale it up.
