You might be wondering how much you can make with affiliate marketing. Maybe you’ve been doing some research and you’ve come across people saying that they make thousands of dollars a month with it. And maybe you’re thinking to yourself, “If they can do it, I can do it too!”
The truth is, affiliate marketing is a great way to make money online. But it’s not a get-rich-quick scheme. You need to put in the work in order to see the results.
In this article, I’m going to show you how you can get started with affiliate marketing and make your first $747.50 in just 10 signups.
What Is Affiliate Marketing?
Before we get into the nitty-gritty of how much you can make with affiliate marketing, let’s first define what it is.
Affiliate marketing is the process of earning a commission by promoting other people’s products or services. You find a product or service that you like and promote it to others in exchange for a commission on any sales that you generate.
It’s a pretty simple concept, but it can be tricky to implement if you’re not sure what you’re doing. Fortunately, there are plenty of resources out there that can help you get started with affiliate marketing. Once you have a solid understanding of how it works, you’ll be able to start making money in no time!
How Much Can You Make With Affiliate Marketing?
This is the million-dollar question, right? Everybody wants to know how much money they can make with affiliate marketing. Unfortunately, there’s no simple answer to this question. Everyone’s situation is different, and there are a lot of factors that will affect your earnings potential.
Some people are able to make a full-time income from affiliate marketing, while others only earn a few hundred dollars per month. It all depends on your situation and how much effort you’re willing to put into your business. Assuming that you’re starting from scratch and don’t have any existing audience or traffic source, here’s an estimated breakdown of how much money you could potentially earn for every 10 signups:
As you can see from the table above, your earnings potential really starts to increase once you get past the 10 signup mark. This is because most affiliate programs will offer higher commissions for larger volumes of sales. So if you’re able to convince 10 people to sign up for an offer that pays $5 per signup, then your total earnings would be $50. But if you could convince 100 people to sign up for that same offer, then your total earnings would be $500! Of course, these numbers are just estimates based on average conversions and commission rates. Your actual earnings will vary depending on the specific program that you’re promoting and the number of people that you’re able to reach. Still, it’s helpful to have some ballpark figures in mind so that you can set realistic expectations for your business. With that said, let’s take a look at some real-life examples of people who are making money with affiliate marketing… Case Study #1: Michelle Schroeder-Gardner Michelle Schroeder-Gardner is the founder of the popular personal finance blog Making Sense of Cents . She started her blog back in 2011 as a way to document her journey out of debt – she eventually paid off over $38,000 worth of student loans! Along the way, Michelle also picked up some valuable skills in blogging and online marketing . She was able to parlay her knowledge into a successful affiliate marketing business , which she now uses to earn over $100,000 per month in passive income ! Case Study #2: Michael Ezeanaka Michael Ezeanaka is the founder of Smart Passive Income , one of the most popular blogs in the world on passive income strategies . He started his blog back in 2008 as a way to share his own experiences with online businesses . He now earns over $150,000 per month from his blog through a variety of different sources , including affiliates . These are just two examples out there of people who are doing well with affiliate marketing . As you can see , it is possible
