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Running Affiliate Marketing Campaigns

Projected Income $1,000-$10,000+ per month
Costs to Start $100-$2,500
Time to Start 1-3 months
Category Freelance Digital Marketing,

Our Side Hustles Breakdown

Running affiliate marketing campaigns is more than just promoting products; it’s about matching audience needs with relevant offerings and building trust. Crafting a winning affiliate campaign involves niche selection, content strategy, and optimizing the conversion path. Given the rise of digital consumption, mastering this avenue can be a sustainable source of passive income.

cons-icon Cons

  • Market Saturation: Highly competitive niches can reduce the chances of success.
  • Dependency on Platforms: Changes in affiliate program terms can impact earnings.
  • Trust Building: Newcomers might need time to build authority and gain audience trust.

pros-icon Pros

  • Passive Income Potential: Once set up effectively, campaigns can generate income with minimal intervention.
  • Diverse Product Range: The freedom to promote products across various niches and industries.
  • Low Entry Barrier: Minimal investment compared to traditional business models and can start with just content and a platform.

Are you looking for ways to make passive income in 2023? What if we told you you could make money anytime and from anywhere, even in your sleep?

If you own a website or are active on the internet and social media, turn that into a lucrative side hustle by working with companies running affiliate marketing campaigns.

This particular gig is what we call affiliate marketing, and we’re covering all you need to know about this online opportunity below.

An Overview of Running Affiliate Marketing Campaigns: A Primer

If you plan to increase your internet presence by starting a blog or becoming a content creator for niche audiences, signing up for an affiliate program would be an excellent consideration.

Affiliate marketing campaigns are partnership programs initiated by companies to generate exposure and drive affiliate sales. In a nutshell, companies hire people to market their products to their respective target audiences.

The affiliate partners pick the products they want to promote on their websites or social media sites. They then receive a commission for every product sold using their referral or affiliate links.

For example, if you own a blog and post an affiliate link directing people to purchase an Amazon product, you’ll get a portion of the profit for each product sold through that link.

How Much Can Running Affiliate Marketing Campaigns Earn You?

Affiliate marketing is an excellent side hustle for people looking for a low-cost, high-revenue, passive affiliate income source that doesn’t require much technical knowledge.

According to Glassdoor, the average income for successful affiliate program marketers can go over $56,000 per year in affiliate income aloneSpecialists in this trade, such as affiliate managers, earn between $60k to $80k per year.

Affiliate commission rates depend on the conversion rates of your referrals. So, the more clicks and purchases you get on your promoted links, the more you can earn.

How Much Does it Cost to Start a Side Hustle Running Affiliate Marketing Campaigns?

Affiliate marketing is an opportunity for content creators and influencers to diversify their sources of income. This gig is different from dropshipping in that you won’t necessarily need to spend money to start your job as an affiliate marketer.

Partnering with companies running digital marketing campaigns poses no financial risk as well. There’s no payment involved in joining affiliate programs, and you can immediately start earning affiliate commission without upfront investment.

But there’s a small catch.

First, you need to lay the groundwork for your affiliate marketing career. As the gig relies on referrals, you’ll have to build and expand your internet and social media presence.

You also need to research the type of products relevant to your content and target audience. Maintaining traffic volume by making high-quality content is essential in this side hustle, which requires considerable audience size.

Where Can You Find Gigs Running Affiliate Marketing Campaigns?

Working with brands running affiliate campaigns can be a lucrative gig for influencers and content creators. So, how can you start your affiliate marketing career?

Where to Independently Find Gigs Running Affiliate Marketing Campaigns

If you’re working independently, you can begin by finding and joining affiliate or associate programs. These are third-party platforms where affiliate marketers and brands find and work with each other.

Aside from offering a platform, these programs also help vendors and promoters by providing affiliate marketing tools and essential services for affiliate program transactions.

Search for trusted associate programs and brands—most are accessible through Google. The best examples include Amazon AssociatesClickBank, and eBay Partner Network.

Create an account and fill in the information required for your chosen affiliate platform. Profiling can take several days and may involve proof of your internet or social media influence.

Gig Economy Companies That Offer Gigs Running Affiliate Marketing Campaigns

Another method is to tap into gig economy companies for a referral program. These are typically online platforms where independent contractors and freelance workers meet and transact.

Unlike the associate programs offered in product-based companies like Amazon, gig economy companies seek affiliate partnerships to promote services. So, instead of affiliate products, your referral links will promote services offered on the platform.

Examples of gig companies offering affiliate marketing gigs are FiverrFreeupSolidGigs, and 1840 & Company. Some gig economy companies pay as much as a thousand dollars for affiliate sales.

Why You Should Consider Running Affiliate Marketing Campaigns As a Side Hustle

Affiliate content marketing offers a wide range of benefits. Here are some advantages why you should consider signing up for an affiliate marketing program:

  • Low ongoing cost: Unlike other gigs, you won’t have to spend thousands of dollars to start operating and earning through affiliate links.
  • Low financial risk: The gig doesn’t require financial investment, so joining an affiliate marketing program involves minimal risk.
  • High investment return: With low start-up costs, promoting affiliate products offers a high return on investment.

Problems With Running Affiliate Marketing Campaigns As a Side Hustle

As with all types of work, becoming an affiliate marketer also has drawbacks. Thus, avoiding affiliate scams and ensuring the products you’re promoting are legit is crucial.

Below are some other drawbacks when participating in an affiliate marketing program:

  • Requires patience: As a marketer, you’ll need a loyal and consistent online audience, which requires time and patience to build.
  • Lack of control: Associates and affiliate partners have no control over the rules set by the brand or gig economy company.
  • High competition: The decentralized nature of affiliate marketing means you’ll deal with increased competition and low conversion rates over time.

Frequently Asked Questions

Here are some frequently asked questions about affiliate networks and marketing that might help you.

Is Running Affiliate Marketing Campaigns a Good Side Hustle?

Yes, running affiliate marketing campaigns is a good side hustle. The low investment and maintenance make it an excellent passive income for content creators and influencers.

One primary benefit of this gig is the flexibility it provides. It doesn’t need constant supervision—a few hours per week should allow you to start earning.

What Is the 80/20 Rule of Affiliate Marketing?

The 80/20 rule, or the Pareto Principle, relates to the relationship between effort and outcome. It states that 80% of your work’s output comes from the 20% effort you put in.

It’s an important principle to apply in affiliate marketing or anything related to business, finance, and work.

Ask a Question About Running Affiliate Marketing Campaigns?

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