How to Make Money Affiliate Marketing

Last Update: October 13, 2020

Do you realize that 95% of all the people who claim they know how to make money affiliate marketing will actually only make around $100 a year.

I don't know about you, but in my books, this is not making money!

In this short article we'll take a look at how you can become part of the 5% who ARE making a full-time income from affiliate marketing.

Whilst this quick guide does not guarantee that you'll start making a fortune tomorrow, it will point you in the right direction if you really want to learn how to make money affiliate marketing and hopefully put you on the right tracks to earning a full-time income as an affiliate marketer.

So let's get straight into How to Make Money Affiliate Marketing

1. Get Your Mindset Right Before You Start:

Getting your mindset right before you start your online business will account for 90% of your long-term success so get in touch with your gray matter and program your mind with positive, committed thoughts of success and keep telling yourself that you're in this for the long run and that you will make this work no matter what obstacles you come up against in the early days.

We've all heard the saying, "If you can believe it, you can achieve it" I know it sounds a bit like another one of those ra ra sales seminars but the bottom line is, if you don't believe you can make a living online, you won't. End of story!

You have to be committed so commit to yourself today that you will make this work and become a part of the 5% club who stuck with it and made it work – no matter what it takes!

2. This Is Your Business:

Once you've passed your first hurdle and committed yourself to making this work, you have to look at this business as a "real business".

This is not a hobby or just something to do in your spare time.

This is your business. You are going to be the boss of your very own affiliate marketing company so stop playing at it or "giving it a try"

Keep reminding yourself "why" you decided to learn how to make money affiliate marketing every time you feel like giving up and keep pushing forwards.

You certainly wouldn't start a bricks and mortar business just to "give it a try" so get serious and treat your online business just like a real business.

3. There's a Learning Curve:

Becoming an affiliate marketer is just the same as going to college or university for any sort of professional degree.

You have to start at the beginning, learn the basics and build on what you learn.

Take it step-by-step, follow the training by the letter, learn everything you can and build a strong foundation from the start.

Think of it like becoming a doctor. You wouldn't just decide to become a doctor and expect to open a successful doctors practice one week from now would you?

Becoming a professional affiliate marketer is just like learning any profession.

It takes time to build your website, learn about the products or services you're going to be promoting and it takes time to learn to how run your online business successfully.

The good news is that everything you need to do all of this is right here at Wealthy Affiliate so follow the training step by step without missing any bits out or trying to jump ahead of yourself and remember to always ask for help whenever you get stuck with anything!

4. Budget Your Time and Money.

Contrary to popular belief, affiliate marketing is not easy money or instant cash.

You'll need to spend plenty of time developing and promoting your affiliate business so try to allocate as much time as you can each day to building your online business and make sure you use that time wisely.

Set up a budget for your monetary expenses too.

You can run your affiliate marketing business on a shoestring budget when you first start and invest more into it as your business grows and starts to make some decent money, just don't expect a massive income in the beginning.

It takes time to build up a steady income so be prepared for some lean months to start with.

Obviously the more you can invest in your online business at the beginning the quicker it will grow but this doesn't mean simply throwing money at your business will make it grow quicker.

Every dollar that goes out the door, needs to come back in and bring another dollar with it or you will be giving up very quickly and joining the 95% who says affiliate marketing doesn't work!

5. Set Yourself Goals:

We've all heard about the importance of setting goals.

Your goals will get you through the tough times.

There'll be lots of days when you will feel like giving up but if you make your goals tangible you'll make it through the tough days.

When you set your goals money shouldn't be your motivator.

It's what you can do with the money that will motivate you to keep going far more than just focusing on the money so set your goals on a family vacation you've always dreamed of or a new car, or bigger home.

It's the luxurious lifestyle and freedom to do whatever you want when you want that will motivate you so forget about the money and set your goals on things that will make your life better.

6. Get Started:

Once you have a proper mindset, you've set some realistic goals, you're looking at your business from a realistic viewpoint with an open mind and you're ready to learn how to make money affiliate marketing its time to start your training but remember.........

Your success as an affiliate marketer is determined by you!

95% of the people who read this will do nothing.

5% of the people who read this will follow the training exactly to the letter, put all the pieces into place and start making money affiliate marketing.

You have to decide which side of the coin you want to be on.

Alan :)

Join the Discussion
Write something…
Recent messages
jghwebbrand Premium
Like it! Nicely communicated. Your titles are eye catching.

I have been thinking a lot about how we get people to realize that it is more about helping our readers than selling our readers. If we instill that mindset early, those who sign up will write their blogs differently and their purpose for even starting will change.

I am interested in knowing where thoughts like that should be put.

Thanks,
Reply
Alan Hocking Premium
Hi George

I would be putting that information into all of your promotional blogs/articles
Reply
PHILMANC Premium
You have all the bases covered there Alan although I would give a shout out to the other skills that people bring to the business. I think someone's purpose and passion can be a great springboard. A great honest read and your point about taking action and mindset is spot on. Thanks for sharing, Excellent, Phil
Reply
Alan Hocking Premium
Thank you Phil and thank you for your added input :)
Reply
PHILMANC Premium
My pleasure I thought it was excellent, a great template...
Reply
CassiOfTroy Premium
Alan,

This is an EXCELLENT blog post!
It speaks to the heart of what is required to become a successful, professional, Affiliate Marketer.
There is no overnight success and when we speakof income,it should be like any other profession - adequate income to support your desired lifestyle.

And that is what it is . . . a lifestyle.

Thank you for being clear and direct.
Cassi
Reply
Alan Hocking Premium
Thank you for your comment Cassi

Unfortunately too many people get sold on the "overnight success" and "Millionaires lifestyle" then give up when it doesn't happen in five minutes.

If people could change their focus and adapt a business/lifestyle mentality there would be a lot more success stories here at WA
Reply
CassiOfTroy Premium
I could not agree more, Alan!

As you said, use the same approach as you would with your education and professional development.

Excellent!
Cassi
Reply
LMH1968 Premium
Great advice, thank you very much for sharing
Reply
Alan Hocking Premium
You're welcome Lisa I'm glad you liked it :)
Reply
b42old Premium
Excellent post and great advice Alan.
As a newbie the "making a full-time income from affiliate marketing" seems a million miles away right now. I am currently on Level 2, Lesson 8 and progressing waaaay slower than I had hoped/intended. However, I have no doubt I will get there in the end, just gotta keep learning and working hard.
Thanks,
Rab
Reply
Alan Hocking Premium
It's not a race Rab we all learn and work at our own pace

The hardest part is to keep going and not give up when the going gets tough or it seems like you're not actually getting anywhere.

The good thing about Wealthy Affiliate is that there is an amazing community of people who have all been where you are now and know what it's like so don't be afraid to reach out and ask for help whenever you need it

Alan :)
Reply
b42old Premium
Thanks Alan,
I really appreciate your kind words and I also appreciate the huge support network here.
I'll get there, you can count on that.
Cheers,
Rab
Reply
Alan Hocking Premium
Great attitude to have Rab

Here's to your future success! :)
Reply
Top