One question I will never forget is when I was speaking at the Ultimate Wealth and Freedom Event and some asked me "Is this stuff really real?" Well I guess coming from a newbie that is a viable question, everyone take a look at the world today, Amazon and Apple are Trillion dollar companies and they revolve around the internet and digital marketing, the momentum is here the time is now to join - Brian
It’s not uncommon to get information overload and shiny object syndrome in this internet, information world we live in.
I find myself getting side tracked often into another deal that looks promising and I am sure you have some questions..
I will try and answer some of them now.
1. Has this shipped sailed and we missed the boat, can affiliate marketing still make money?
I questioned that back in 2014 when I had my 1st taste of internet marketing, I remember someone leaving a comment on a post on Facebook, saying you missed the Facebook ship that sailed. Not even 6 month later I made $100K profit in one money from Facebook Traffic.
This landscape changes and changes often, there was a time when there was a killer Ad words arbitrage, that matured, you used to be able to run dating and before and after images on Facebook, that matured.
In the recent years Pinterest, Snap, and Instagram have become players for quality traffic.
Things really changed when iPhone came out and then eventually the carrier services followed with better connectivity.
Take a look at this graph on digital spend vs. Mobile ad spend and the projections
NOT TOO LATE AT ALL
You are in the middle of an incoming tidal wave, if anything you are early to party.
Sure you are not the 1st, but you can learn from the pioneers and focus on being better and more successful. You need a positive attitude and desire to succeed and you will get there.
I am sure you have heard this “The best time to buy a stock like Apple was 10 years ago the second best time is right now”
Was Amazon the 1st web site? Google was started 8 years after Yahoo. Remember MySpace? Facebook came along and crushed them.
In 3 years there will be another round of affiliate marketers that will come into the pool and say man I wish I had started in 2019...
2. I am a non-techie person. I do not have coding experience, is it possible to be successful in affiliate marketing??
I am personally not a coder, I know a little WordPress, and when I say a little I mean the basics, but you don’t need to be technical to in order to succeed
It’s more about being resourceful and surrounding yourself with people who can do the stuff you don’t know how to.
There are sites like Upwork and Fivver that can help you find people who can do the things you can’t do or don’t have time for.
Don’t get me wrong here, knowing some of the technical stuff will speed up your learning curve and skills that are necessary can always be learned
I have seen coders come into my world who knew how to code and a build site and simply just couldn’t get the affiliate marketing part. Those are not the most important skills in affiliate marketing.
Creativity, understanding the bigger picture, being able to copy write, and optimizing data make more of a difference in marketing.
And the good news is this is all teachable and you can learn all of it!
Some basic programming will be helpful here like PHP and CSS but don’t let that scare you.
It can be annoying if you have an error on one of you pages and you have to wait until you programmer comes online to fix it.
I like W3 Schools for Coding. Usually, you can just go on there an figure out little fixes
Usually I can figure out what I need there and You Tube often has answers that can be searched for.
3. How Much Do I need to get started?
When I first started I was - $89K in Credit card debt and sold my entire retirement savings to but course in real estate, network marketing, affiliate marketing, and all kinds of software that I thought could help me get to the next level.
Every month I would literally barely get everything paid and would sit in front of my quick books screen and just take a big sigh of relief that I made it through another month.
So needless to say I didn’t have money to invest in affiliate marketing. I didn’t let it stop me, I hustled and worked a ton of hours but managed to have a small budget to get started on a hot campaign one of my mentors showed me.
Excuses didn’t stop me, I knew I needed to get something else going to get out of the this insane amount of debt.
Being upfront with you:
I would recommend a budget in the range of $500+ to $1k a month
You will likely need to have a fast server, a spy tool, and possibly a tracking tool, the rest will need to go into traffic.
The more you can invest the better and likely the quicker the results.
With money you can buy data and get answers quicker on what’s working and what is not.
If you don’t have enough money, join my YouTube channel, I put money making videos out all the time. Get a 2nd job, freelance, borrow.
“where there is a will there is a way”
I have seen people give up after they lose $500!! These are the same people that spend $10k a year on college and still don’t have a career lined up.
Affiliate marketing is low risk compared to that and trust me after I lost $125k in a failed party bus business, real life businesses are a lot more risky than this.
4. What kind of Money Can An Affiliate Marketer Make?
I am a business owner and have been for close to 20 years and if you ask me how much can I make? I would tell you as much as you want.
Once you figure out the formula of business or affiliate marketing, we like to call it “cracking the code” then the sky's the limit.
The most profit I ever made in a day was over $10k, but I know there are affiliates that are making $100k or more a day, but that is not common, that person or company is in a boom period on a hot campaign and scaling. I would compare $100k a day affiliate to the Uber of the real world.
There are so many factors that go into the income of an affiliate, but realistically $10-30K a month full time with some experience would be a good number to strive for.
You may have heard the term “Super Affiliate” as I have been called that before I think that title goes to people that are profiting in excess of $1 million USD in a year, I have come close but haven’t hit that yet. I plan to soon…
5. How Long Will It Take to Be Successful?
There are too many factors to answer this exactly.
I have seen students come in with the tools we give then and succeed in a couple of months, others it takes longer.
Here are some key factors to consider when looking at success rates.
What kind of capital do you have to invest? As I mentioned above the more money you have to invest the better. More money means buying data quicker, it means better tools, trackers, spy tools, etc.. It can also mean you can attend more events and masterminds and get specialized knowledge faster. (I will talk more about this later)
What are you bringing to the table skill wise? I have a background in promoting so that was helpful in my journey, one of my media buyers knew some coding, WordPress, and Photoshop. That same guy grew up in Bulgaria and wasn’t great at English so that made copy writing difficult for him. I would proof his stuff, the ideas were there but the words were incorrect.
Do you have help or the ability to get help? Hiring people to do the stuff you don’t know how to do well will speed up the process, meeting people in forums or local meet ups can help as well.
What is your work ethic and how devoted are you to this? Everyone is busy these days, I think I am busier than ever personally, but some how I own 7 companies and have a team of 4 full time media buyers. I work into the wee hours of the morning usually because that is when I can write stuff like this guide and do “deep work”. My phone is turned over. It really boils down to what you are willing to give up to make it happen, lose the video games, or the drinking nights. I have made a lot of sacrifices and have been rewarded nicely.
Don’t forget your health here, through all this I still maintain my physique, cardio when I wake up for 50 minutes, gym 4-6 day a week for 1.5 hours plus. Sleeping is key as well I strive for 8 hours a night, 7 hours I can live, 6 hours I am tired all day.
Not sleeping well and not working out, at least for me would be defeating the purpose of all this, who wants to look and feel shitty, not me, no thanks.
My father used to say “if you don’t have your health nothing else really matters” so keep this in mind with your hustle and work schedule.
I love the analogy of a Jet Airliner taking off - you need to give it full throttle and burn up those engines up to get it off the ground, and then it's just like any business in the beginning, the early stages will be a “bitch” and then once you are up and running it takes a lot less fuel and energy to smooth sail in the sky at 30,000 feet.
6. SO HOW BAD DO YOU REALLY WANT THIS?
Have you even been to your local gym or fitness center on the week or month after new years day? Well I think you know where this is going with this, the sales people Las Vegas Athletic Club are breaking records with sign ups in January.
The gym is so freaking crowded, sometimes I can’t get a spot in the parking lot, that is until February rolls around and things go back to the way they are the other 11 months of the year.
You see what happens is everyone has the “New Year’s Resolution” to lose weight and that first month of the year they are “Gung ho” that first 1-4 weeks and then, life gets in the way and boy these work outs are really hard and my body is so sore, blah blah blah I have heard it all..
This ultimate guide is for the 1-3% of you that work like myself year around and do not have excuses, nothing changes with my workout routine on January 1st.
I usually set a few realistic business goals like learning some skills, or better investing, etc., but those are realistic and achievable over the course of an entire year.
If this is you the 1-3% then let’s move on.
7. What about borrowing money and credit cards?
Spending money you don’t have can be risky, but, one campaign brought me back from $89,000 in debt.
I was hit hard business wise in 2009-2010 recession and found myself living far beyond my means.
I had a heavy mortgage and yacht in Chicago, a 46 ft sea ray that had a whole lot of expensive issues, it’s a long story.
Things were looking bleak for my finances, had I not hit that 1st big campaign, who knows when I would have come out of the black hole of debt.
So here is the best advice I can give, if you are running a profitable campaign or close to break even then buying more data on a credit card might be able to get you to the promise land.
If you spend foolishly and really don’t know what you are doing the conversions are not firing in, then going into credit card is not the answer.
Get your side hustle on test with money you earned and worked for you will likely be more cautious with it, then just tossing down a credit card
8. What Skills Do You Need to Be a Successful Affiliate?
Here are some skills I have found are good for decision making and problem solving
9. Are All Affiliates Shady?
When you say affiliate marketing some people immediately have a stigma attached to it sort of like network marketing.
We have all seen the “Diet Pills” and “Garcinia" ads, they promise incredible, life changing benefits.
There was a time when the early internet was running rampant with this kind of stuff, but these days most of the reputable traffic sources, like Facebook, Google, etc have very tight rules against the “shady” stuff.
It’s still around on less popular traffic networks, but that doesn’t mean you have to run it. Sure there are shady people in this business, and every business for that matter.
My stance on this is I believe in Karma, what goes around comes around, there are plenty of ways to make money in this business ethically, and that’s the side I like to stay on.