7 Reasons To Become an Affiliate Marketer

This article was last updated on 21st December 2023 to reflect the accuracy and up-to-date information on the page.

“It’s the ultimate win-win situation. All affiliates get something from the arrangement, as does the company running the affiliate program, making it a mutually beneficial relationship.” –Russell Brunson

For a business to be successful, most entrepreneurs opt for affiliate marketers, and for the right reasons, after all, extra reach and profits are always good. 

Affiliate marketing is a low-cost to no-cost source to earn extra income by promoting other people’s or company’s products through blogs or social media handles. Each time a sale is made using the link provided by the affiliate, affiliate marketers earn a commission.

In recent years, affiliate marketing has become an attractive and lucrative profession. Why? Well, there are several reasons. Many people choose affiliate marketing as the second source of income alongside their main job and both can be balanced well if you know how to do it. 

Several affiliate marketers spend a few hours a week and generate a considerable amount of side income. Unlike your regular job where you have to go to the office and are paid a salary for the hours you put in, affiliate marketing allows you to earn commission on something that you have probably marketed several months ago.

Here is an example of affiliate marketing. Let’s say you decide to affiliate with Moonpreneur as you are interested in writing about educational programs. You decide to promote our Innovator Program, for that, all you have to do is go to Moonpreneur’s affiliate program and sign up. Once your application to become an affiliate is approved, you get a referral URL and you are good to go. It’s that simple. 

This is a graphical representation of data provided  for affiliate marketing program commission and conversion rate 

Let’s look at some reasons why affiliate marketing is good and how it can help you generate income.

Be Your Boss   

Everybody wants to become their boss and not have anyone to report to; come in and leave whenever they want; and not wait for their superior’s permission or approval before going on a vacation. With affiliate marketing, you don’t have to worry about all these things. You can decide how many hours you want to put in and take a vacation as many times as you want. Moreover, you can choose which project you want to work on next and you get to make all the business and strategic decisions.

No Cost and Low-Risk Business Opportunity   

Most businesses and franchises require a sizable start-up cost. As an affiliate marketer, you can start quickly with a small or no budget. Most affiliate programs are free to join. The market reach is limited to the affiliate’s ability to promote their offers. If you understand what you are selling and who is your target audience, then there is no stopping you.

Work from Anywhere in the World

An affiliate marketer has the liberty of working from the comfort of home or anywhere in the world. The only requirement is having internet access. There is no restriction on going to an office or putting in a certain number of hours to get paid. You can make money even while you are sleeping. Yes, you heard it right. 

Once you have shared the link to the product on your blog or your social media account, your work is done. It doesn’t matter where you are and what you are doing, you will be paid if a purchase has been made using your link.

No Merchant Accounts

However, as an affiliate marketer, you don’t need to set up merchant accounts, which can be expensive and time-consuming. All cost for payment processing is borne by the merchants reducing the risks of chargebacks, fraud, or losing your merchant account.

No Experience Required

As a beginner, once you decide to become an affiliate marketer, you can learn from many resources and mentorship programs. Follow and learn their ways and start earning. All you need is an internet connection, a computer, and a positive mindset to want to start earning. Once you get started, you can learn on the job.

You Can Choose Which Product/ Service You Want to Sell  

With the digital revolution, almost everything you want today can be bought online. This has also given a great opportunity to affiliate marketers as you can now sell products or services of your choice and interest online. Almost all companies have affiliate marketing programs. 

The homepage of Bloggerspassion.com prominently showcases a selection of “recommended tools,” accompanied by compelling copy and call-to-action buttons for each tool.

All you have to do is find the one that matches your abilities as that will give you an upper hand when you promote offers that match your interests.

Hassle-Free Sales

As an affiliate marketer, you are selling other people’s products. You don’t have to create a product to sell. Consider yourself as the middleman here. You don’t need to worry about the physical stock, logistics of order, packaging, delivery, etc. You get to make sales and earn the benefits without having to deal with customers and employees. 

Affiliate marketing takes all of these things away as once you make the sale, the merchant deals with everything from customer satisfaction to grievances.

Image Source:https://johnchow.com/

John Chow, a prominent figure in the realm of affiliate marketing, has been cultivating his business since 1999. In 2005, he embarked on a case study aimed at demonstrating that anyone could achieve substantial online earnings through blogging. Setting a target of $3,000 per month with just two hours of daily blogging, Chow not only met but exceeded this goal.

Presently, Chow’s website attracts over 200,000 daily visitors, and speculations abound that his monthly income from affiliate marketing, blogging, and various online revenue streams hovers around $100,000. Unreservedly sharing details about his lucrative ventures and opulent lifestyle, Chow seamlessly integrates this transparency into his online brand.

For those aspiring to enter the affiliate marketing and blogging domains, Chow emphasizes the importance of identifying a niche. He underscores the necessity for regular blog updates and advocates for the incorporation of multiple revenue streams for sustained success. Given Chow’s track record of triumphs, he stands as a valuable source of insights and knowledge for those seeking guidance in these arenas.

What are your thoughts on this? Do you know some more tips on how to become an affiliate marketer or why you should be one? Please share in the comments section. 

Moonpreneur is on a mission to disrupt traditional education and future-proof the next generation with holistic learning solutions. Its Innovator Program is building tomorrow’s workforce by training students in AI/ML, Robotics, Coding, IoT, and Apps, enabling entrepreneurship through experiential learning.