As an example an affiliate marketer, you promote a service sharing “your” unique link.
In return, you get paid when someone signs up via that link. The amount you get paid, whether one-off or recurring and so on, will vary depending on the affiliate offer.
For example, t4s.site will pay you 50% of every monthly payment someone pays, if they originally signed up via your link.
You don’t even need to be a paying member yourself, but if you are, two affiliate sign-ups and you’re getting the service for free 😉
So what are the pros and cons of promoting service as an affiliate?
Let’s take designers (for example), how can they benefit?
If you are a web page designer or funnel creator, you will work with your own clients. You share your affiliate link with them, which they use to join.
They signup and start paying the monthly payments, and you benefit financially every month they continue to pay.
You continue to work with them on their main website and use your referred service as a supplement. Or if you prefer, completely replace their website.
What if I just want to promote and get paid each month?
That’s the simplest affiliate model. You simply use your marketing skills to promote the service and benefit from a recurring monthly payment, 50% of all payments made by your affiliates.
So if you’ve got a skill for promoting, marketing or selling, you can make a nice income by simply building up your referrals.
There are many (many) people who make a very good income every month from their referrals, without doing anything once they see people sign up via their link.
Sounds too good to be true?
Well, you have to get the referrals to sign up, and the more work you put in, the more you will get. So it doesn’t happen overnight. But it can build up very nicely.
Say you get paid $14.50 every month for a referred member. If you can build up 100 referral signups, that’s $1,450 income every month. Very achievable, and that’s then passive income. If you want more, you get more referral signups.
You can see how you can build up a steady, good, monthly income that comes in while you sleep.
And once you’ve got a core set of paying referrals, you simply top it up with more depending on how much work you want to put in, and how much income you want.
And that’s affiliate marketing.