Regardless if you need to earn some fast cash or we're just talking about making money in the grand scheme of things, there's an important psychology that needs to be mentioned before getting into the strategies. If you study Freud's model of the mind, you'll discover the Psychic Apparatus. It's the three-part construct in your mind that controls all of your behavior.
Often times Affiliate Marketing is Over-Hyped: You’ll see a lot of testimonials promising spectacular results with affiliate marketing, such as “person X made $60,000 in just 30 days as a brand new affiliate” & there’s many similar messaging like this that unfortunately give affiliate marketing the wrong perception, that its some sort of get rich quick scheme, which it is far from. This kind of insanely fast results most likely came from a successful Facebook ad or other successful paid aid. Sometimes due to multitude of factors an ad can just take off and generate high revenues for short period & then burn out. The difficulty is being able to sustain those kind of numbers consistently. FB for one doesn’t like most affilaite offers to be promoted, so eventually your FB ad account will get banned or your ad will burn through its audience and stop working. I know this because I’ve been there done that. Those massive pay days are fun but the real challenge is can you sustain it?
Just a slight correction, Eurgene. I didn’t actually cancel my membership, I just simply had my write access taken away. Technically I am still a member and I still receive monthly commissions for the small number of Premium referrals I still have, which has been steadily declining and is now at just two members. I am on a yearly membership, though, and that runs out soon, so I might cancel then.
But the main method that WA teaches these days – blogging about your favourite interest in the hope that some people will click your affiliate links and buy stuff – is a long hard road, and one that has a high chance of failure for a lot of people. But if you fail, WA will just say that you gave up too soon. What a convenient get-out clause for WA! If you succeed, WA takes the credit for showing you how to do it. But if you fail, it’s your own fault for giving up to early.
The key is to first validate your niche by looking at search trends, analyzing the competition and making sure it’s something that can be monetized. Once you’ve got that, start building it out and producing great content. Focus on nothing but the rankings for at least 6-12 months. During this time I would advise putting nothing on the site except for maybe a simple adsense ad. Adsense is not a profitable way to go per se, but it’s an easy way to get started, plus Google must continually sniff your site in order to serve up relevant ads. Site visitors generally find adsense to be less invasive since the ads shown to them are usually relevant anyway.
6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following. Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).
After trying many programs and being scammed, I gave Wealthy Affiliate a shot. I was at my wits end with all the other things that I have tried. It was a bit of a reprieve when I realized that the people behind Wealthy Affiliate are really there to help you and are actually front and center within their business. I asked Kyle who is one of the owners a question about my website the other day and I got a detailed response in less than an hour.