Today, I am going to discuss a business model that has been working effectively since Amazon introduced it and keeps getting better as Technology keeps advancing.
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Another thing about this business model is that it is perfect for people who do not want the stress of creating products or actually running a business so to say.
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That is because all they have to do is sell.
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The business model I am talking about is...
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AFFILIATE MARKETING:
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Maybe you have heard about it before.
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Maybe not.
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Affiliate marketing is a business model where you sign up as an affiliate with a company and you then promote any of their products.
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When you make a sale on any product, you get paid a commission.
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It is as simple as that.
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You don't own any products.
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You don't deal with customer support
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You don't manage employees
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Or do any of those things that takes a business to run
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The first time I heard about affiliate marketing was in 2006 and I heard about it from a guy who was always showing his cheques from Clickbank.
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I quickly rushed over to signup on Clickbank and started promoting the products there...using my "ignoramus" techniques
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And for 2 years, my Clickbank account kept showing ZEROS
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That was until 2008 when somehow, someone bought from my an affiliate blog I setup and I made my first $37 commission.
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You needed to see the way I jumped up with excitement at the Cybercafe that day.
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I was so happy.
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The Yahoo boys beside me were just looking at me.
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Back in the day, there were a few affiliate programs online.
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But today, there are many of them that you can make a lot of money from.
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Basically, there are 2 major types of online affiliate platforms you can join to get started as an affiliate.
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(1) The ROBUST AFFILIATE NETWORKS:
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This is the big one.
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To really make a lot of money as an affiliate, you need to have access to several companies that you can promote for and there is no better way to do so than by joining a robust affiliate network.
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DEFINITION: These affiliate networks are companies like Clickbank, Moreniche, Jvzoo, Nutryst etc that have a thousands of merchants listed with them. These merchants own various products that you can promote once you are a member of the network.
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For instance, if you sign up with Nutryst (an invitation only platform), you will have access to at least 300 high converting offers that you can promote. They will even give you an affiliate manager that can help you out with some things.
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Most of the robust affiliate networks are international.
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Some don't allow Nigerians to register
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E.g. Clickbank
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But what myself and others who wanted to register on Clickbank do is that we find a foreign address and use it.
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You can still do the same thing today.
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But then, there are others who welcome Nigerians easily.
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E.g. Jvzoo, Markethealth, Moreniche
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Back in 2014, after selling my short reports to people about sexual health, what I did was to go to Moreniche and recommend some of their best products to people who bought the short reports.
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Guess what?
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Their products are expensive (about $145) so the commissions were heavy too.
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And that is how waking up to commissions of $160 atimes became something normal for me.
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(2) INHOUSE AFFILIATE PROGRAMS:
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There are many companies with their own in house affiliate programs.
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This means the affiliate program is only for their own products.
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This is how Amazon's affiliate program operates.
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When you check the bottom links of most sites, you will find out that they have affiliate programs that you can sign up with to sell their products
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E.g. Konga and Jumia has their own affiliate program
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Nairabet has its own affiliate program too where you make money by referring users to Nairabet.
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As a matter of fact, I used to be an affiliate of Nairabet back in 2012 and I was making about N150,000 a month extra coins
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I was promoting it via a Chelsea Facebook page that I set up
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And most of the time, joining affiliate programs are FREE.
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Although a few require you to pay To join (E.g. MOBE's affiliate program)
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And some require an invite for you to be able to join
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However...
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Joining an affiliate program is NOT the big deal.
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There are many affiliate programs that I struggled to join in the past and my account balance is still reading ZERO
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What I am saying is...
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This business model is called Affiliate MARKETING for a reason
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Just like the other business models I shared, the business is in the MARKETING
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You can decide to do affiliate marketing solely or mix it with other business models.

All you have to do is sell your information products on the frontend and also recommend your affiliate products to your list of prospects and customers as well.
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For instance, there is a super affiliate whose name is Greg Davis.
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They also call him Mr $50k a day because he was said to be pulling an average of $50k a day in commissions at a time
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I heard that has now increased to $250k a day (unconfirmed reports)
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The main question at this point is...
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What are the steps to making money with affiliate marketing?
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STEP 1: Sign up as an affiliate with a reputable affiliate platform - This can be an affiliate network or inhouse platform
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STEP 2: Start by picking one market (E.g. Skincare) and creating a campaign to sell a product from that market
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STEP 3: Launch your campaign and get traffic
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I can't give you any step by step system for marketing affiliate products because there are different ways of doing it depending on the type of products you are marketing.
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For instance, if you want to market Nairabet as an affiliate, you could create an article titled:
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"My Bitter Experience With Nigerian Sports betting Sites"
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In the article, you can explain your frustrations with most Nigerian betting sites, don't name names and end the article by talking about how you eventually discovered Nairabet and why it is the best sports betting platform for people to use.
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Then drive traffic to the article with your affiliate link in it.
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If you write a convincing article, you will get loads of sign ups and make commissions for life on those users.
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Someone else who wants to promote whogohost affiliate program could simply create a video tutorial on how to setup your website online with as little as N5000.
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And recommend whogohost because they have very cheap hosting plans.
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You can get a one year hosting for as little as N4000 (with a free domain name)
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- Another guy (Ewen Chia) makes a lot of money as an affiliate by giving people a free report for joining his list.
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When they join, he now offers various products to the people who signed up.
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And that is how he made his first million dollars online
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If you really want to succeed big as an affiliate, here are 4 qualities of big time affiliates that I know of.
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(1) They know how to recognize good products & offers that they can promote
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(2) They know how to get a lot of traffic
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(3) They know how to create marketing systems that convert the traffic to sales
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(4) And they know how to track their results so that they know where their sales are coming from
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CONCLUSION:
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Affiliate marketing is a HUGE industry that is valued at $50B
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It is the reason why so many 18 - 21 year olds are able to buy cars like Ferrari and travel around the world.
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Because they don't have to create any product, import any product etc - All they do is market.
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Let me give you a gossip here.
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Don't tell anyone I told you.
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One of Nairabet's top affiliates is a 21 year old guy from Belgium who makes an average of 17,000 EUROS a month in commissions.
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Can you beat him?
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Maybe.
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But again, you need to know about marketing and driving tons of traffic to do it successfully.
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Culled from a successful serial marketer "Toyin Omotoso".

Heard about affiliate marketing since 2006 but I have never ventured into it...maybe it's time now

try www.post4solution.com its a freelance job site that pays affiliates a 60 percent commission

Making money online is just getting better day by day.

Taking about affiliate program, [url]schoolhub.site[/url] has one that pays you when you refer a school that buys their service.
You get paid instantly in Nigeria, no foreign stories.

Don't be afraid to take action.