Yes and no. Affiliate marketing can generate passive income, but the passive side of the income usually only follows putting in a few years of hard work to generate the brand and audience you'll need to begin generating those passive sales. I have multiple sites earning passive income, but each of those sites took a lot of front end work to build up to that point. And not every site gets to the point of passive income. Some sites require continual maintenance though the revenue they generate can also allow you to pay for that maintenance to be done vs. you needing to do it yourself.
We may modify any of the terms and conditions in this Agreement at any time at our sole discretion. In such event, you will be notified by email. Modifications may include, but are not limited to, changes in the payment procedures and Merchant.com's Affiliate Program rules. If any modification is unacceptable to you, your only option is to end this Agreement. Your continued participation in Merchant.com's Affiliate Program following the posting of the change notice or new Agreement on our site will indicate your agreement to the changes.
With the global market creating opportunities for affiliate marketers, Nele Sharp from CJ Affiliate by Conversant touched on a number of ways publishers could capitalise on their global presence - such as identifying local consumers and finding relevant advertisers to work with while also doing your research on the location/region you’re targeting, including any laws or privacy disclosures.
Thanks for sharing your experience. It was a real eye-opener for me. I am new to affiliate marketing and am looking for ways to make a steady income. Your affiliate program seems to fit my needs. If you have the time email me with your affiliate link to signup and I hope you can help me get started the right way. Any assistance would be greatly appreciate. Be Blessed.
Thanks for posting these great tips. I am pondering getting into affiliate marketing. I survived a major stage 4 metastatic cancer but my finances, savings, career and credit were the sacrificial lambs on the alter of survival. I say pondering because I hear of so many starting out with ten tons of optimism and drive, only to end up bankrupt and on a long term Zoloft prescription. Are there simply too many online marketers out there or is it still possible to start from scratch and ramp up a descent business that stands out of the hay stacks? By descent, I mean enough to make a full time living, not worrying about food & shelter. How much time from zero to $4,000.00 per month (salary and/or net… spendable personal funds)
Upon the execution of this Agreement, MA shall pay to Company a quarterly service fee (the “Service Fee”) in the amount equal to US $15,000.00 on the first day of each quarter for the Term of this Agreement as set forth in Section 1 hereinabove, for each month that MA has no sales pursuant to this Schedule A, with the first payment due and payable on the date of execution of this Agreement.
In reviewing your website, we noticed that the URL listed on your application is a social network website. However, your site is not an approved social network or established with enough unique content and followers yet. At this time, we are unable to approve your application and have closed the account under which you had been temporarily approved.
One major disadvantage for an affiliate is the lack of control she has over the offer made to the customer, the sales page and the amount of commission earned. Super affiliates, those with a proven record of driving high-converting traffic, can negotiate preferential terms, but this option isn't open to the new affiliate. It is not unknown for merchants to cancel an offer without informing their affiliates, or to pay commissions late or not at all. Merchants may also make it a condition that the affiliate doesn't bid on specific paid search terms and some refuse to pay for any sales resulting from paid search advertising.
In April 2008 the State of New York inserted an item in the state budget asserting sales tax jurisdiction over Amazon.com sales to residents of New York, based on the existence of affiliate links from New York–based websites to Amazon. The state asserts that even one such affiliate constitutes Amazon having a business presence in the state, and is sufficient to allow New York to tax all Amazon sales to state residents. Amazon challenged the amendment and lost at the trial level in January 2009. The case is currently making its way through the New York appeals courts.
You should also have tracking setup for every affiliate link of yours. You can do this with something like Voluum that can track the sales you are getting and where those sales are coming from. This will be useful data for an analytical buyer who wants to split test the website, not to mention it will allow you to split test the site and possibly push your monthly net profit up which will also increase your site’s listing multiple price.
Yes that seems super strange with Best Buy’s affiliate program. I’m assuming it has to be an error. There are other big affiliate programs for electronics you might want to look into as well. For example New Egg offers 2.5% currently with their program, and I imagine they would convert better than Best Buy since their main customer base is online whereas Best Buy’s clientele is mainly offline retail customers.
Affiliate Contracts. Schedule 9.6 sets forth, as of the date hereof, all contracts or agreements with any Affiliate of Sellers that relate to the Properties or by which the Properties are bound. Sellers will terminate or cause its respective Affiliates to terminate, effective as of the Closing Date, any contracts or agreements between any Seller and its respective Affiliates to the extent relating to or binding the Properties.
Thanks to your article, my anxiety and panic about getting started have vanished to a great extent. Coincidentally, this has come around the time when I had just purchased a PLR to WordPress tutorial which also came with an upsell that contained a course on Amazon promotion among others. I now also plan to purchase your course discussed here to that I can start setting my foot into the physical products affiliate marketing world.
Hey Chris! I stumbled upon your site from a few people. I’m now interested in starting a niche business and grow from there. I’ve tried to target another niche, with keywords as a first timer, and still having difficulties targeting certain keywords. I would like to get a boost of motivation on starting a small and simple amazon style niche site. I don’t know if you covered this, but I’d like to know what sort of criteria that you go through when choosing a site. So far, I have found a keyword with the following criteria:
I’ve been using Amazon’s affiliate program for a little over two years and during that time I’ve had a lot of success with it. In fact, this income source was the second largest chunk of my total $150k+ 2010 income. If I hadn’t sold one of my larger Amazon focused sites last year for six figures this income source would have easily eclipsed $100,000 by now.