How Long Would You Work to Earn a Passive 6-Figures?
Published on April 10, 2024
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
Hey Everyone,
Today I want to talk about the beauty of passive income.
It's not just about swapping hours for dollars, like a 9 to 5. It's about building yourself a "formula" that generates money even when you're off the clock, around the clock, and where your location in the world or your "time invested" doesn't matter.
In particular, I want to outline what the path to a 6-figure income could look like within the affiliate marketing world. Something that many define as their "initial" goal when they are starting out within affiliate marketing , so I wanted to give you a concise and clear path to get there.
First, how long will it take you to achieve the 6-figure mark?
If I told you that you could potentially get there in a year, would you be all in? Here's the thing: it's not unheard of.
What if it took you 1 year? Would you be invested in the process?
What if it took you 2-3 years to earn this sort of "passive" income?
Are you still game?
If yes, read on.
If no, then you are unlikely to ever build a business online because you are after something that is not reality and likely going to be drawn into a "get rich quick" scam/scheme... and there are plenty of those out there.
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If you are realistic about the time frame, and willing to put forth the time to achieve a sustainable, passive income it will happen. Scalability will happen. And even more opportunity will happen.
To give perspective here, I want to give you some raw math. The numbers that it takes to achieve the 6 figure mark, and what that looks like in terms of traffic and affiliate sales.
The $100,000 Per Year Math...
To earn $100,000 a year, you're looking at pulling in roughly $274 a day. Sounds daunting? Well, consider an average affiliate program paying out $50 per sale. That means you need approximately 5 sales a day to hit your mark.
The key here is consistency and effective strategy.
The very first step in the process is niche selection. The niche you select must resonate with you ideally, and of course, it must have the potential to achieve these goals.
Iff you're aiming for $100,000 a year, and the average affiliate commission is $50, you'd need about 2,000 sales a year, which breaks down to roughly 5-6 sales per day.
If I was to build out a business in the "basketball" niche, and I made my main focus helping people "jump higher", that could be the central and core focus of my website. There are many affiliate programs that I could leverage for this, here are just a few.
Here is an example of a "jump sole" that is very popular there, and you see many influencers promoting. They are paying $25 per sale, so in this case it would take 10 or so sales per day out of 450 MILLION basketball players in the world that all want to jump higher, and that spend a lot of money on their game....to get to same $100,000 per year passive income goal.
You probably recognize Mac Macclung, who endorses them and was the dunk champion this year at the NBA All-Star game .(see below)

That is the program, so it already has great branding and a big audience. And here is what my affiliate link looks like:
Viktry Insoles (my affiliate link to earn $25 per sale)
So now, the next natural step would be thinking about ways to get traffic to this link on my website, which actually very straightforward. Within my Affiliate Hub area, I have an entire category dedicated to keywords that are highly relevant, and are very high converting to this particular product.

Think about the traffic you'll need to drive to your affiliate links to hit that number. Traffic generation isn't just about quantity; it's also about quality. You want visitors who are interested in what you're promoting and ready to make a purchase.
Various strategies, from SEO to social media marketing, can help draw in that targeted audience, and I have recently created an article targeting "vertical leap" style of keywords. Here is one of my posts on my SkillfulBasketball.com website.

And if I jump into my Google Console account for this website (where I can determine my rankings), it is already getting impressions and some traffic in Google!

You can see, as is the case with most content, you not only get ranked under your "target" keyword, you are going to open your doors to getting ranked under many other related keywords.
Again, here is the process:
- Step 1: Find Relevant Product You Want to Promote
- Step 2: Calculate how many sales it will take you to get to $100K per year
- Step 3: Build content around topics related to that product (using Affiliate Hubs and the Author Platform here)
- Step 4: Get traffic from search engines, generate income
Rinse, repeat, and then when you have the formula for generate sales down you can scale. This could mean a few sales per day initially, but with effort, it can equate to something much more substantial (6+ figures).
Now get out there, and get building your "passive" $100,000+ per year business!
If you have any comments, questions, feedback or just want to jump in and discuss, I would love to hear from you. Drop your comments below.
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