Hello there bernie sanders here hope that you aredoing well, if you are watching this video rightnow, then you are probably doing some researchonline about affiliate marketing and if affiliatemarketing is profitable or not, and that’s what wewill cover in today’s video so uh today, i decidedthat i wanted To do a different style of video youknow, usually my video is, like, i won’t say a moreprofessional way, but let’s say a more formal wayyou know if i can say that anyway, if this is thefirst time that you’re watching my video considersubscribe to my channel, so you Get notified everytime. I come up with new content about affiliatemarketing, but before we start talking, aboutif affiliate market is profitable or not. Let’S dosome comparison between auto business model, youknow. First we’re going to talk about drop, shippingyou know drop. Shipping is when you a clientuh order, a product from you, but you all youdon’t own the products.
You know your ownand online stores, where you sell someone elsebrowse in there and when uh a client order aproduct from you, you want to let the product ownerknow and the product owner will ship the productto to the client. Basically, that’s drop shippingthe cons of drop shipping is that it has a verylow profit margin, you know and it can varybetween five to 15 percent. The reason thatthe profit margin is so low. It is because uhdropship is basically a volume business. You knowimagine you’re selling a uh, a mug, you knowyou’re saying a mug and if you want to eat10 000 a month what you’re gon na have to sell what100 200 thousand months, you know to hit that tenthousand dollar a month.
So those are the some ofthe goals of drop shipping. You need to pay foradvertising, you know you need to advertiseyou, know your stores and the products thatyou’re selling to your stores, so you’re gonnahave to pay for that you’re gon na have to builda team. If you want to scale your business youknow, you also you’re gon na have to pay for thetools that you use you know anyway, can you makemoney with drop shipping? Sure, of course, you canbut, you know if you’re willing to put in the workyou know – and you know, go through all the stuffsthat – i mentioned sure you can make it there arepeople making millions of dollars in dropshippinganyway. Now, i’m going to show you two otherways that you can make money online, which isfreelancing and affiliate marketing now we’vegot freelancing.
You know freelancing is uhyou, go to, for example, digital marketplace, andsuch as five or upwork freelancer and you’re gonnabet for work. But that means that you’re going tohave to have a skill. You know a monetizable onebecause you’re going to do tasks for people peoplefrom all over the world will be paying money. Soyou can test for them. You can do digital marketingyou can do graphic designs.
You can do photosand uh, you can do advertising and all those stuffsyou know. Now you can, depending on the kind ofbusiness that you’re in you know, you’re goingto charge your own price, but it can varies from20 to five hundred dollars. You know dependingon the business model, but that means thatto do freelancing. You’Re gon na need to possessa skill. You know a monetized one, so that’s oneof the cons of freelancing now about affiliatemarketing, my favorite, my personal favorite oneyou know.
As you can see, you probably knowby. Now affiliate marketing is when you proyou, promote somebody else prize in return fora. Commission, you know you go on a marketplaceor, a network such as clickbank or jvzoo orwordpress and you’re gon na sign up as anaffiliate. Then you wan na pick a product they’regonna, give you a link, you know a track linkthat they link that link will track the cellto, your account, you know, and you’re gon na withthat link, you’re gon na place those links on forexample, a blog or a youtube description. You knowor something like that when people click on thelink and take a desired action such as purchaseor a sign up or something like that, you’re gonnaearn, a commission, i wouldn’t recommend you todo affiliate marketing.
You know like spamminglink, you know put your link everywhere. Likefacebook pages, you know youtube description, andall, those stuff. What i would do is instead createa lead magnet. You know something that you’re goingto give people for free. You know you’re going toteach them something on their niche.
On the on thearea of your interest and their interest. You knowyou want to build that likability and trust withyou. So eventually, they’re gon na be trusted. Clientsand they’re gon na buy from you anyway, affiliatemarketing profit margin can vary between 50 to 90for, every cell you make so affiliate marketing, isvery profitable, for example. If you are doing highticket when we, where is the sale of a productof, for example, that varies between a thousanddollars to a three thousand dollars more or lessimagine you’re selling, a thousand dollar productsand ten people buy from you, that’s ten thousanddollars in just ten people.
Imagine what youcan do if you have a email list of, for example, athousand people, you know and that’s the advantageof affiliate marketing and you don’t need to haveyour own products. You don’t need to deal with thecustomer support, you don’t need to handle paymentor, ship and all those stuffs, and you can work fromanywhere everywhere in the world. I hope thatyou see uh what i’m talking about here. So whatis your number one take away your friends. Videolet me know, by leaving a quick comment below ifyou want to learn more about affiliate marketingand the right way.
You know the right, strategyto affiliate marketing without feeling overwhelmedand all those headaches that comes with itwhen you’re, trying to do affiliate marketing onyour own i’m, giving away a free course that youcan, if you want you, can click the link rightbelow. This video and all you have to do is putyour email address and you’re gon na get four daysvideo training that will talk about everythingthat. I talk in this video about affiliatemarketing and much more in more details. You knowstep by step, so i really hope that you’ve got sometremendous values on this video see you take care.
Read More: Make Money Blogging: How to Use Affiliate Marketing
Read More: Make Money Blogging: How to Use Affiliate Marketing