I always talk about affiliate marketing as if everyone knows what it is. The truth is most people don’t. What is affiliate marketing? Affiliate marketing is the idea that you promote someone else’s product or service and if the product sells you get a commission. Simple. What is more important is why affiliate marketing is a great business to build. Watch the video below and we go into detail as to why affiliate marketing is the best business for freedom.
Affiliate Marketing Requires No Inventory
With affiliate marketing you are promoting other people’s products. That means you don’t have to source and keep inventory. This is big. This means I don’t have to worry about where I am going to get inventory or if I will always be able to rely on getting inventory. It also means I don’t have to worry about finding a place to put my inventory.
Affiliate Marketing Requires No Shipping and Returns
Another benefit of affiliate marketing is that you don’t have to worry about shipping the product or deal with returns. I had and eBay business and I would always have to ship the product, worry about it getting lost or stolen, then have to deal with returns. Since you are promoting other people’s products you don’t have to deal with this. That leads to freedom.
Affiliate Marketing Allows You To Make Money While You Sleep
Affiliate marketing allows you to make money while you are asleep. You put the work in at the beginning and you continue to make money over time. There are several websites I have built that continue to make me money even though I don’t add content or work to make them better. If you put the work into the site and follow the steps of our course, you increase your chances of creating a passive income.