Is affiliate marketing worth it in 2021? The truth

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When it comes to blog monetization, ads and affiliate marketing are the easiest choices as they are way more passive than other monetization techniques.

So, the 1 million dollar question is: Is affiliate marketing worth it?

According to Statista, affiliate marketing spending will be around 8.2 billion dollars in 2022 in the US only. This huge amount of spending means that there is a lot of money to be made. Hence affiliate marketing should be incorporated into your monetization strategies.

That being said:

Did you know that people are earning Full-Time income with affiliate marketing?

If you think affiliate marketing is complicated, then these two resources will blow your mind. You will understand that making money with affiliate marketing is relatively easy.

Related:

Here are some reasons why you should try affiliate marketing:

Reasons why affiliate marketing is worth it

Affiliate marketing is really powerful as it can become your best source of passive income. If you use it properly, you will be able to make a full-time income with your website.

Let’s see the trend for Affiliate marketing:

As you can see, the search interest has been increasing with time.

What does this mean?

More and more people are searching for this. The only obvious reason is that affiliate marketing is becoming a huge industry that is expected to reach $8.2 billion by 2022 in the US only.

1.The best passive income revenue model

So what is a passive income?

It is earning money in a way that doesn’t require a lot of effort.

For instance, your blog is your automated system that will require only 6-10 hours per week once you have reached the tipping point.

In the first year of blogging, you created 100 blog posts and didn’t earn a lot. But once your blog starts to get organic traffic, your earnings will start to increase.

In just 2 years, your blog will reach its full potential where you can expect to earn a full-time income. Only then you can say that you have reached a point in your journey where you can afford to spend only 6-10 hours per week to keep everything running smoothly.

This is the usual trend for any blog.

This is the exponential effect of having a blog:

Lots of content ranking in the first 4 positions, which potentially will bring a Full-Time income.

Here is how CTR(Click through rate) looks like on page 1:

Image credit: Sistrix

The awesome thing is:

If you have around 50-75 blog posts and they start to rank on number 4, you will start to earn a part-time income.

Actually, given the search volumes of these keywords, you can even earn a full-time income.

That being said, it is not always really crucial to be on the first spot to earn money.

Related: How to earn money with your new blog

2.It’s the best way to monetize your website

Many people choose Google Adsense when their blog is still new. Well, this is because it’s the easiest way to make some bucks.

But the problem with Google Adsense is: You will need to have a lot of traffic.

With Affiliate marketing, it’s different. Massive traffic is not required. You need targeted traffic. That you will get with Google and Pinterest.

That being said, it is more profitable and less time-consuming to earn money from your affiliate links than it is with Adsense.

Related: Affiliate Marketing Vs AdSense- Which Makes More Money?

3.You can work from anywhere

What is the goal of having an online business?

It’s working from anywhere with just an internet connection.

I have not said work whenever you want. 

That CAN happen if you have dedicated enough time to your business. 

Can you imagine how thrilling it will be to travel and work only a few hours per day? Or spending more time with your kids and family?

It’s really the best life you can have. And having a blog, allows you to live like that.

Though statistics say that 95% of bloggers fail, I am certain with the right blogging strategy, you can achieve that.

The only thing you need to do is to have patience and work consistently. This is what determines whether you will actually become a successful blogger.

4.You don’t need to be an expert

Though many revenue models can be very lucrative, affiliate marketing and ads are the best.

Actually, you don’t need to become an affiliate marketing expert to earn money from your affiliate links.

You just need to know the basics and you are good to go.

I still maintain that affiliate marketing is relatively easy compared to other forms of monetization.

Don’t believe me?

Here is a screenshot of my earnings for the FIRST month of blogging:

I earned $20 without any prior knowledge about affiliate marketing.

And after about 9 months, I earned $200. 

The funny thing is that I only learned the basics. All I did was creating content and driving traffic to my articles. 

So, if you are struggling to earn money with your blog, just try using an affiliate platform like ShareAsale and add some links to your articles.

Related: What Are Affiliate Links And How You Can Use Them To Generate A Full-Time Income

5.You will be able to leverage big brands

As an affiliate marketer, you will suggest useful products and services to your audience.

Now, if you are suggesting a new product, it will be really difficult to generate a sale.

But, if you use the right affiliate programs, you will be able to suggest the best products and services that exist on the web.

For instance, if you use the Amazon Affiliates Program, you will be able to generate a lot of sales as people know the company and will not hesitate to make a purchase.

6.Minimal start-up cost

Besides your domain name and hosting, there are no other additional costs to be able to make money with your affiliate links.

Once you have your content ready, all you have to do is to drive targeted traffic to your content.

It’s that simple.

Related: Affiliate Marketing With Pinterest- The Best Guide To Make Money In 2021

7.You don’t need to provide any support

I really love affiliate marketing because all I have to do is to suggest products and services to my audience. Whenever someone makes a purchase or sign in through my link, I get a commission.

The commission which I can have directly transferred to my bank account. I don’t have to do anything at all.

I don’t have to deal with client queries. Which actually motivates me to work even harder.

8.It’s a business model that is scalable

When you create your blog, there are 3 ways to generate traffic. Either organic, paid, or social media.

Now, if you had a consulting business, you would have to trade time for money.

But with affiliate marketing, you don’t directly trade time for money. In the beginning, you will have to work hard. But once everything is up and running, you don’t need to invest much time.

Actually, once you are getting enough traffic and generating a part-time income, your time will be spent growing your business.

As in more promotion through Google or Facebook ads.

This is where you can start to hire writers and focus on taking your business to the next level.

Final thoughts: Is affiliate marketing worth it

Affiliate marketing is definitely an exciting revenue model. If you haven’t yet tried adding affiliate links to your content, then you don’t know what you are missing.

The simple step of choosing the right affiliate program and adding a few links can change your blog forever.

So, head over to these super easy guides and learn all the basics of affiliate marketing.

Related:

Remember: Don’t be in a hurry when you are not seeing any income. Continue to create valuable content and use Pinterest to drive traffic to your blog posts.

See you soon!

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