Discover how our YouTube channel makes $500 a Day with affiliate marketing (passive income!)
We love monetizing our channel with affiliate links because it means we get to keep our YouTube videos free, while being able to be compensated for our time.
We also love affiliate marketing because it’s a very passive business model. As Sarah said, even if she had a car accident and could no longer keep uploading videos, this channel would continue to make money even as she was bedridden and recovering. Having this passive source of income is a great form of income diversification.
Usually on this channel, we talk about ecommerce businesses (dropshipping, Amazon FBA) however we’ve had a lot of people ask us about affiliate marketing as they know that is how we monetize our channel. On this YouTube channel, we make $500 a day ($15,000 a month) passive with affiliate marketing. We earn it by promoting the following 3 products:
* Shopify – a program that makes creating ecommerce stores easy for beginners.
* iPage – a low-cost web hosting platform that people can use to host their ecommerce WordPress stores with.
* Jungle Scout – an app that lets you identify and track top-selling products on Amazon.
Some days we make more than $500 a day, other times we make less, but on average it works out to be about $500 a day.
***HOW TO MAKE MONEY WITH AFFILIATE MARKETING IF YOU HAVE A DROPSHIPPING STORE***
If you already have a dropshipping store, then you can immediately start making money with affiliate marketing. Go to an affiliate offer marketplace like ClickBank and find an offer that is related to your niche. You can then promote the offer to your store’s email newsletter series. Watch our video, 3 Weird Dropshipping Hacks, to find out how.
***HOW TO MAKE MONEY FROM SCRATCH WITH AFFILIATE MARKETING***
Step 1: Choose a niche that you are an expert in.
Find a niche that you are an expert in. You will use this expertise to prove that people should trust your product recommendations.
Step 2: Build a following on a social platform or a website with free, valuable content
On this channel, we have free tutorials that show people how to use the 3 products that we recommend. We also have lots of other free videos that contain no affiliate links at all. These videos provide viewers with lots of free, valuable information. This helps us build a following of people that trust our recommendations, because we’ve proved ourselves to them.
Step 3: Recommend products to your followers
Once you’ve built up a following, you can start recommending products to your followers. Don’t over-do it though, and remember to focus on providing lots of free, valuable content as your primary goal!