Do you want to make a passive income with affiliate marketing? In this podcast, I talk about the different kinds of products you can sell, the various market places to find products, and finally a proven 5-step system that's helped me make multiple-crores by selling other peoples' products passively. I also discuss the top 6 skills you need to build to make this possible.
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44 replies to "How To Make Passive Income With Affiliate Marketing"
Super information
Awesome
types of affiliate marketing
Physical Products: Grocery Amazon, White Goods Shoes, etc. More
Digital Products: Curriculum Training Consulting
5 Step Strategy
1. The Products You Use
2. Create courses and content related to the products
3. Sell Products Through Courses and Materials
4. Build your hub and ecosystem with multiple sources of income
5 Drive traffic to your webinars, courses,
6 Skills in Content Marketing
1) Lead generation
2) Digital Creation
3) Paid traffic generation
4) Conversion scale
5) One-to-one sales and
6) Community building skills
Thank you Siddharth to give more clarity towards Affiliate Marketing:-
Biggest Takeaways –
Some questions which comes in Mind
What is affiliate marketing?
Affiliate marketing includes referring a services or products by means of sharing it on a weblog, social media platform, podcast, or website. The associate earns a fee whenever someone makes a buy through the precise link related to their recommendation.
Can you in reality make cash from affiliate marketing?
Affiliate advertising and marketing can be rewarding, however it takes a commitment of time and money to make it a real business. Do thorough studies before you soar at the associate-advertising bandwagon. Also, recall to keep away from putting all of your eggs in a single basket.
Through Affiliate marketing products you can earn Commissions.
Products – Physical and Digital Products
Physical – Amazon
Digital Products – hosting, domain
5 steps Strategies for getting P
1 choose the product you use
2.Create courses and content that can provide value
3.Sell – Educational Value
4.Create your Hub ,multiple source
5.Tribe Traffic.
6.Traffic Conversion
6 core skills
Content Marketing
List Lead Magnet
Digital Systems
Paid Traffic System
Conversion – Sell through Webinar Skills , Vidro Funnel Skills .
Email Marketing – Convertkit
#ilhdeeplearner
#ilhfamily
My learnings:
Different types of affiliate products
1. Physical products – Amazon etc
2. Digital Products – Domain, Hosting, webinar systems, CRM etc
Marketplace: Register for free
1. Amazon.
2.JVZoo
3. Shareasale
4. Commission junction
5. Impact Radiusa
Strategy:
1. Choose affiliate products that I use.
2. Create courses and content that add a lot of value related to that products related topic.
3. Sell those affiliate products through value.
4. Create your own hub or ecosystem within this you can generate multiple affiliate incomes.
5. Drive traffic to your courses, community, etc
6. Tools conversion.
Skills:
1. Podcast.
2. List Building.
3. Building systems.
4. Paid traffic generation.
5. Selling skills through videos, webinars, etc.
6. Community building.
#ilhdeeplearner #ilhfamily
How to make passive income with affliate marketing?
Kinds of affiliate products and market place :
1)physical products(amazon,clothes etc)
2)digital products (courses, books, tools etc)
Market places
amazon associate (platform share a sell, commission junction, impact etc)
Strategy :
1)Choose product that I use
2)create courses and content related to product. (What all I can teach around that)
3)Sell those products through educational layer by giving value instead of direct approach.
4)create your own hub by multiple stream of income (tool recommendation)
5)Drive traffic through your webinar, course and hub to keep filling one’s ecosystem
Top skills
1)content marketing (podcast, video, text)
2) lead magnet
3)building digital system
4)paid traffic generation (ads)
5)skill of conversion (selling)
6)community building skill (deeper level)
Passive income generation
# ILH DEEP Learner
How To Make Passive Income With
Affiliate Marketing
You have two kinds of products
Physical products & Digital products
There are many options in physical products
Amazon associate program register for
Free there is platform called click bank.
01 : I choose affiliate products that I use
Don’t pick product because of hottest
Thing or it’s a Trend.
02 : Creat courses &content that add
A lot of value around the choosen
Affiliate products.
03 : Sell those affiliate products through
Courses & Content.
04 : Create your own hub & ECO system
With multiple streams of income.
05 : Drive traffic into your content, Drive
Traffic into your webinars, Drive traffic
Into your courses & keep filling eco
System.
Top 6 skills you need to have :
01 : Content marketing in the form of
Podcasts,Videos also building any kind
Of content, Textural content, Video content & Audio content.
02 : The second list is List building &
Lead generation you need to know how to generate lead magnet, how to attract people & manage your
Email list.
03 : Building funnel systems,digital systems, Tracking systems.
04 : Paid traffic generation, facebook ads, google ads.
05 : You need to have a skill of conversion getting people to buy your
Products. . Selling skills you can sell
Through videos, you can sell through
Podcasts, Sell through webinars, Sell
Through video funnels, Sell through 121s.
Selling is a Skill.
06 : Community building skill
Don’t push them to buy your products
After buying you have to build deeper
Level of relationship with your customers.
#ILHFamily #ILHDeepLearner
Two kinds of Affiliate Products are Physical and Digital Products.
Amazon Associate to be Amazon Affiliate.
1. Choosing Affiliate Products that we use.
2. Create Courses and Content that add value.
3. Recommended those Affiliate products.
4. Create your own Hub and Systems.
5. Driving traffic to our content.
Skills :- Content Marketing, List Building, Building Digital Systems, Skill of Conversions, Community Building Skill.
Clean, crisp points! Thank you, Sumesh.
Thank you for sharing this information sir , Below are my Learnings from the podcast
HOW TO MAKE PASSIVE INCOME WITH AFFILIATE MARKETING
Mainly two types of affiliate products : is PHYSICAL AFFILIATE PRODUCTS where you can affiliate with amazon and promote their products like gadgets , books , clothes , shoes and many more physical based products . Is DIGITAL AFFILIATE PRODUCTS , Where you can sell courses of other people (Those who are already successful) , Books , Memberships , Social media tools etc
PASSIVE INCOME STRATEGIES TO GET BETTER AT AFFILIATE MARKETING
Promote the products which you are already using and got benefited by them . Don’t just promote because the product is hottest thing in the market . Try to do keyword research and promote which is useful for audience .
Create courses and content that can add value around the chosen affiliate products .
Sell those affiliate products through your courses and content . Create an educational layer where you are giving people value and through that value you got to recommend the products .
Create your own hub and ecosystem with multiple streams of income . Not just having one product but have multiple products to sell , So that you can promote respective product in respective courses .
Drive traffic into your content – webinars -courses and make them to join your ecosystem . So that , They go through your courses and end up buying the tools which you have already suggested in your courses (Affiliate ones)
TOP 6 SKILLS THAT YOU NEED TO ACQUIRE WHEN IT COMES TO EARNING PASSIVE INCOME THROUGH AFFILIATE MARKETING
Is CONTENT MARKETING : Textual – Video – Podcasts
LIST BUILDING – LEAD GENERATION : You need to know how to generate lead magnets and how to attract people .
BUILDING DIGITAL SYSTEMS : You got to learn about building digital systems like Funnel systems , Tracking systems , Selling systems etc
PAID TRAFFIC GENERATION : Like FB ads , Google ads understanding how those are really working .
NEED TO HAVE SKILL OF CONVERSIONS : As we already know selling is a skill . You got to sell thru courses , Webinars , You got to be able to sell thru videos , Podcasts .
COMMUNITY BUILDING : Also you have to give support to the customers after they bought your products . The deeper you build relationship with paid customers the deeper they will connect with you .
If you want people to really buy your products build your authority with your content in the market place . That’s when people will be connected with you .
Pick those affiliate products that have recurring income streams . So that you can create passive income thru affiliate marketing besides your main income . Sometimes people keep Affiliate Marketing as a main income , Yeah that’s also a good part of earning income but the thing is generating income by having multiple products or courses , So that you can include respective Affiliate products into your courses and make people to buy those things .
With that being said , Thank you Siddharth sir for sharing this podcast . Looking forward to learn more concepts from you .
#ILHDEEPLEARNER #ILHCOMMUNITY #ILHMEMBER
Thank you, Adithya.
Good stuff, Adithya. Keep them coming!
# ILH DEEP LEARNER
# ILH FAMILY
Very much Informative, Sid, I was looking for this piece of content. You gave step by step process to be successful in affiliate marketing.
How to make passive income through affiliate marketing-
Thee are below two kinds of affiliate products.
1)physical products, such as amazon.
2)digital products such as courses, books, tools etc.
There are various platforms where one can register for the same.
Platforms share a sell, commission junction, impact etc
5 Steps Strategy :
1-Choose product that I use- It can connect with your customers & you are recommending proven product.
2-create courses and content related to product around that product , which add value.
3-Sell products through education around that & not to approach directly. Products which bring meaningful difference in what they are doing & adds further value.
4-create your own hub which can help in generating multiple stream of income continuously growing income.
5)Drive traffic to your webinar, course & converting them. Which will help in to keep filling one’s ecosystem.
Top skills required for affiliate marketing-
1-content marketing, it can be podcast, video etc
2- List building ( lead magnet)
3-building digital system.
4-paid traffic generation through adds .
5-skill of conversion , selling skills .
6-community building .
You need to build your authority at the market place. Need to choose the affiliate products which add value.
#ILH DEEP LEARNER
# ILH FAMILY
Good insights, Ganesh. Thanks a ton!
#ilhfamily #ilhdeeplearner
Affiliate marketing is a million-dollar industry today… It is the best way to make it a source of passive income.
It takes time. Does not become a success overnight… Need to learn skills and understand the industry better.
Different kinds of affiliate products… 2 kinds:
PHYSICAL PRODUCTS: Sell affiliates of amazon
DIGITAL PRODUCTS: sell affiliates of digital courses, workshops, digital tools etc…
Market places/platforms for doing affiliate marketing…
Physical product: Amazon associate program
Digital products: Flipbank, JVZoo, Shareasale, commission junction, impactradius.com Just go on these platforms, find a product, get its affiliate link and start promoting it…
5- Step Strategy to build a powerful income source through affiliates…
1. Promote what you use rather than just promoting the popular products
2. Create content around the product such that it adds value to the product
3. Sell affiliates through your own courses. This creates an educational layer to the product.
4. Have a hub where you can sell multiple products
5. Drive traffic into your own courses
6 skills to develop for success in affiliate marketing
1. Content creation
2. Lead generation
3. Building digital systems
4. Paid traffic generation
5. Selling skills
6. Community building skills with paid customers to build trust.
Promote products that can give you a recurring income…
#ilhfamily #ilhdeeplearner
A. Affiliate marketing products
1. Physical products
2. Digital products
B. Market place for affiliate program-
Amazon, Clickbank, jvzoo, share a sale, commission junction.
C. 5 step strategy – 1.choose product that u used and benefitted you.
2. Create course and content and add value and related to the affiliate product.
3. Sell those affiliate products through your course.
4. Create your own eco system and hub and multiple stream of income.
5. Drive traffic into your content, into your webinar, courses and keep filling your eco system.
D. 6 skills to develop for success in affiliate marketing
1. Content marketing
2. List building
3. Building digital system
4. Paid traffic generation
5. Conversion skills
6. Community building
Build your own authority through content and hub and ecosystem. Focus on recurring income source.. Eg. Convertkit
#ilhdeeplearning #ilhfamily
My Learnings:
How to make Passive income with Affiliate Marketing:
There are 2 kinds of markets: Physical and digital
There are Marketplaces where you can register for free for the affiliate programs i.e.
– Amazon
– JVZoo
– Shareasale
– Commission junction
– Impact Radiusa
5 Steps strategy to promote your affliate markets and products:
• chose affiliate products which you use
• Create content and courses that add value related to the topic
• Sell those affiliate products through your courses
• Create your own hub and ecosystem and have many courses and sell many products
• Drive traffic into your content, your courses and your sales and conversions
Six skills you need to build you need to develop these skills so that you develop a relationship and create a demand for your affiliate links:
1. Content marketing
2. List building and lead generation
3. Building digital system
4. Paid traffic generation
5. Skill of conversion
6. Community building skills
These insights are awesome and to the point. Good stuff, Rajbir.
Affliate marketing is to sell others product. It invites lot of passive income.
Different kind of products to sell with its suitable marketing strategy
5 steps strategy for affliate marketing with 6 skills to earn more passive income.
Digital Products and Physical Products can be chosen.
Market place with free registration.
JVzoo
Share a sale
Commision Junction
Clickbank
Impactradius
1) Choose the product what you use and benefits you
2) Create course and content around that products
3) Sell those affliate products through that course.
4) Create your hub with multiple sourse of income
5) Drive traffic to your courses and recommend the tools to buy.
6 Skills
1) Content Marketing
2) List building and Lead magnet
3) Digital Sustems for funnel
4) Paid ad systems
5) Selling Skills through video, podcast
6) Community building with deep relationship with clients
Thanks for sharing your insights, Gnana.
My learnings:
Different types of affiliate products
1. Physical products – Amazon etc
2. Digital Products – Domain, Hosting, webinar systems, CRM etc
Marketplace: Register for free
1. Amazon.
2. JVZoo
3. Shareasale
4. Commission junction
5. ImpactRadius.com
6. Click Bank
Strategy:
1. Choose affiliate products that I use.
2. Create courses and content that add a lot of value related to that products related topic.
3. Sell those affiliate products through your own course and content.
4. Create your own hub or ecosystem within this you can generate multiple affiliate incomes.
5. Drive traffic to your courses, community, etc
6. Tools conversion.
Skills in content marketing:
1. Podcast.
2. List Building.
3. Building digital systems systems ->funnel systems, tracking systems.
4. Paid traffic generation.
5. Selling skills through videos, webinars, etc.
6. Community building.
Good learnings, Kapeel.
#ILHDEEPLEARNER
My biggest takeaways..
How to make passive income by affiliate marketing by understanding the different products and services …
5 different Kinds of affiliate products to sell and market place and 5 precise step strategy to make passive income from affiliate marketing
Two kinds of Products
Physical products and digital products be affiliate Amazon books, gadgets ,apparels many options
Selling digital products, like courses, coaching, tools, memberships, books, Social media tools and systems
5 Passive income strategies are
1)Promote those products which you use ..Choose those product which you use
2)Create courses and content add value related to the products (Around the choose affiliate product )
3)Sell those affiliate products through your Courses and content
4)Create your own hub and ecosystem with multiple streams of income
5)Drive traffic into content and drive traffic to your webinars and Courses …
To be successful and generate affiliate marketing passive income needs to build the skills ,
And 6 core skills to become successful affiliate marketer
1) Content marketing in the form of (Podcast ,audio, Video,Content )
2) Lead Magnet, List building from different Social media sourses
3) Building digital systems-Funnel systems ,tracking systems
4) Paid traffic generation, FB,Google ads understand how it works
5) Selling skills (Podcast selling, sell through videos, sell through webinars, through 121 )
6) Community Skills – Support and build the relationship
Thank you sidz…
#ILHDEEPLEARNER
#ILHFamily
How to Become Successful Affiliate Marketer
– Choose Products You Use – Promote what you use and believe
– Create Courses and content related to the products – what I can teach around the product
– Sell affiliate products through courses – different types of products – add value and recommend products –
– Create your own hub and ecosystem with multiple products and multiple sources of income – many courses many tools
– Drive traffic into your content, webinars, courses – keep filling your ecosystem
To make passive income you need to build skills
Top 6 skills
– Content marketing, textual, video
– List building – manage email lists
– Building Digital Systems – funnel – lead magnets
– Paid Traffic Generation
– Skill of conversion – selling skills – sell through different platforms
– Community building skills – support your community – build strong relationship with people
There is no rich quick funda – build authority in the marketplace – build your own hub
Pick products for recurring income
#ILHFamily #ILHDeepLearner #ILH
More power to you, Sunil.
#ILHDeepLearner
Types of Products
• Physical
• Digital
Some of the Platforms
• ClickBank
• JaviZoo
• ShareASale
• CommisionJunction
• Imapact.com
Strategy:
• Choose What we use
• Create Content and Courses Around Selected Affiliate Products to Teach to add value
• Sell Your Affiliate Products through Your Course
• Create your own hub
• Drive Traffic into our courses
Skills
• Content Marketing – Podcast,Video,Textual
• Lead Management – Lead Magnet
• Building Digital Systems
• Paid Traffic Generation
• Selling Skills
• Communication Skill
Great to have you in the community, Ravi.
#ILH DEEP LEARNER
#ILH FAMILY
#KINHAL-KONNECT
Affiliate marketing is a passive income generation model where you support the marketer by routing traffic to them and earn commission , without actually doing anything on the product except knowing the product and selling it through you .
There are Two types of products for Affiliate Marketing – 1. Physical Products -eg Amazon and 2. Digital products – Eg ILH
The podcast harps on five step process and with six skill sets :
STEPS :
STEP#1: Choose Affiliate Product You Use and benefitted from
STEP#2 : Choose Courses and Content which can add Value around the Affiliate product while explaining a concept , there by explaining the efficacy of the product and then recommending , and there is no force involved .
STEP#3 : SELL THE Affiliate product (AP) Create an educational layer , in your webinars , your courses and Content , which will add value and indirectly guide the potential buyer towards the affiliate product . Recommend the product there
STEP#4: Create Your Own Hub for Multiple Products and recommend the Tools, affiliate products through your courses .
STEP#5 : Drive the traffic into your content, courses , webinar courses – keep filling the Eco-System so that there is Affiliate Marketing as Sub-set of your main Marketing Set .
And this is not enough – as to sell the Affiliate product , we need skills to ramp up the alternate or passive income too
1. Develop an interesting Content marketing strategy through videos, Podcast and written modes- and this is not review of the Affiliate product features butm on its usage and how it helped
2. Lead magnet generation as a strategy within the Main marketing domain
3. Building Digital system to keep track and evolve better based on performance
4. Generation of paid Traffic to main as well Affiliate products
5. Selling skills – already explained with ten pointers
6. Community Building Skills – where the selling is not one time affair but a committed value based support system . This will ensure you are picking recurring income from affiliate partner rather than one time sales, commission
The best way and time to start Affiliate Marketing is after Building Your Authority in the Chosen domain .
Best investment is to invest in Yourself and Learning that does not have depreciation danger nor inflation dagger at your head !!
Looked like a very hurried – to finish kind of course content !!
Sridhar Kinhal
Great takeaways, Shridhar.
My learnings:
Different types of affiliate products
1. Physical products – Amazon etc
2. Digital Products – Domain, Hosting, webinar systems, CRM etc
Marketplace: Register for free
1. Amazon.
2.JVZoo
3. Shareasale
4. Commission junction
5. Impact Radiusa
Strategy:
1. Choose affiliate products that I use.
2. Create courses and content that add a lot of value related to that products related topic.
3. Sell those affiliate products through value.
4. Create your own hub or ecosystem within this you can generate multiple affiliate incomes.
5. Drive traffic to your courses, community, etc
6. Tools conversion.
Skills:
1. Podcast.
2. List Building.
3. Building systems.
4. Paid traffic generation.
5. Selling skills through videos, webinars, etc.
6. Community building.
#ILHFamily #ILHDeepLearner #ILH
Thanks for sharing your learnings Raghava.
#ilhdeeplearner
Types of affiliate products
1. Physical products
2. Digital products
5 step strategy to make passive income with affiliate marketing
1. Choose affiliate product you use and benefit from.
2. Create courses and content related to product which add value.
3. Sell affiliate product through your course and content.
4. Create your own hub and ecosystem with multiple streams of income.
5. Drive traffic into your content /webinar/courses and keep filling up your ecosystem.
Top Six skills to have
1. Content marketing – through podcasts, video content, textual content.
2. List building and lead generation, manage email list.
3. Building digital systems – funnel systems, tracking systems.
4. Paid traffic generation – Facebook ads, Google ads.
5. Skill of conversion and selling – podcast, videos, webinar, 1 to 1.
6. Community building skills – support people after they have bought your product..
Note: Smile a little!
How to make passive income through affiliate marketing
My lessons learnt
You can start your income by affiliate marketing
Types of affiliate products: Digital products & Physical products
Physical products: become an affiliate with Amazon, sell, gadgets, books, apparel
Digital products: Courses, books, membership sites, tools like domains, hosting, email marketing, CRM systems social media tools, tracking systems, and Webinar systems. When the community people register, through affiliate links, Multiple passive incomes is generated.
Sites for affiliate products: Amazon associate programs, Click bank, JVzoo, Shareasale, commission junction, Impact Radius
Create your own ecosystem with an affiliate with I resonate with
Drive traffic into your webinars/ courses
Steps
1. Chose your product
2. Create your course on how to sell these products
3. Recommend the products
4. Build your own hub.
5. Drive traffic to your site. Traffic & conversions
Skills to develop
1. Content creation
2. List building and lead generation
3. Manage systems
4. Paid traffic generation
5. Selling skills
6. Community building of paid members.
Built your own hub, pick those products where there is recurrent revenue.
WOW !! WOW !! WOW !! ………………………………………….
This I was looking for.
I am Into Affiliate Marketing. I was taking the same path but due to FOMO Paused.
I was in a FOMO of people making sales without content till Now.
But now, I am continuing my Journey. Following the exact path mentioned here and in the course about Affiliate Marketing.
It’s a much needed PUSH
Thanks a TONNNNNNN Sid
Glad you found this learning journey valuable, Surat.
1. Promote that which I am using as affiliate
2. Create a course that add value around the product
3. Sell those affiliate products through your course
4. Create your own hub or eco system, through the
5. Drive traffic into your content, webinar, website – Traffic & Conversions
Traffic skills
1. Content marking – Video or Audio content
2. Lead magnets
3. Building digital system
4. Paid traffic conversions
5. Selling
6. Community Building
Glad to serve you, Ganga prabhu. Thanks a ton!
#ilhdeepleaner
What different kind of affiliate product …
Physical product
Digital product …
Digital course..book..tools …website… CRM…
Amazon associates …
Click bank ..
Share sale..
I CHOOSE PRODUCT THAT I USE …. I get benefit from ..I trust … That’s gave me authority
CREATE COURSES AND CONTENT AROUND THAT PRODUCT …add value ..teach …build audience
MINI COURSES ….. educational layer….
CREATE YOUR OWN HUB AND ECOSYSTEM … recommending many product and tools and make lots of passive income … Multiple stream of income …
drive traffic to your content ..webinar and ecosystem …. Getting people to buy from your affiliate link
CONTENT MARKETING …
LIST BUILDING …
BUILDING DIGITAL SYSTEM …
TRAFFIC GENERATION ….
SELLING SKILS …
COMMUNITY BUILDING SKILLS
THESE ARE 6 MAJOR SKILLS WHICH I NEED TO MASTER ….
THANKYOU …
GRATITUDE ….
DIAMOND MEMBERSHIP IS MAGICAL….
ITS IN MY GOAL LIST
Thanks for sharing, Meenu.
Thank you for giving detailed information on passive income with affiliate marketing.
Glad to serve you, Tulasi.
Key takeaways:
2 types of affiliate products –
1. Physical products
2. Digital products :- you can do affiliate product selling in click bank, xevizoo, share a sale, mission junction, impact.com
5 Step Strategies
____________
1. Choose affiliate products that you use
2. Create courses and content that teach concept and add value related to the product :- Teach more than the tool
3. Sell those products through your courses
4. Create your own hub to sell multiple products
5. Drive traffic into your content, your webinar, your courses that will fill up your ecosystem
6 Skills to learn
___________
1. Content marketing
2. List building and lead generation
3. Building Digital systems
4. Paid traffic generation
5. Skill of conversion or selling skills
6. Community building skills
#ilh deep learner
Thanks for sharing, Ananya.