Getting involved with internet marketing definitely has its pros and cons. It’s definitely not for everybody. I love the simplicity of affiliate marketing and earning passive and sometimes even recurring monthly income. While no business model is perfect, I’m going to share with you 6 reasons you need an affiliate marketing business. These are based on my own opinion.
Reason #1: Save money on taxes and keep more money you make
This is the #1 reason to have an affiliate business. The tax laws in the USA are designed for entrepreneurs, not employees. When you have your own home-based business, you get to deduct expenses and then pay taxes on your profits, whereas as an employee you do not get those same deductions. Many of the “deductions” you get are expenses you already had prior to starting your business like internet service and your cell phone bill.
Reason #2: Flexibility
With your online affiliate business, you can work when you want to. You can create a flexible work schedule around your regular job, family, and other commitments. You can work in the mornings, in the afternoon or even late at night. I personally work on my blog any spare moment I get between playing with my daughter and working my virtual assistant business.
Reason #3: Learn new skills
As a home-based business owner, you will inevitably learn new skills such as marketing and sales. Who knows, you might even discover you are skilled at different things you never even imagined? Growth is inevitable if you are serious about your online business. At first you may not understand how to set up a blog, create content, or grow your email list, but you’ll learn as time goes on.
Reason #4: Practically zero risk
Most affiliate programs costs NOTHING to join. To set up a blog with hosting and a domain name typically costs less than $100. The email marketing software I use costs $27 per month and also has a free version. As you can see, compared to a traditional business and even some online businesses, the risk is super low with affiliate marketing.
Reason #5: Less stress
The average employee is worried about their job security. The average business owner is worried about how they are going to pay their monthly overhead. With a home-based affiliate marketing business, you don’t have those things to stress about. There are no pressure and very little limitations on how/where you operate your business.
Reason #6: Earn passive income
As an affiliate marketer, you can earn affiliate commissions on autopilot, simply by writing a blog post or creating a video ONE TIME that links to your recommended product or service! This is true passive income as you get paid continuously on an action you took once. Some affiliate programs pay recurring commissions that allow you to earn passive income every month from your referrals’ subscriptions for life! These are usually software affiliate programs.
There are many reasons that affiliate marketing is a great choice for people who are seeking a low-risk, low-investment home-based business. Personally, I have a virtual assistant business and an affiliate marketing business (this blog). However, I am not earning passive income from my VA business. If I take time off, get ill, or can’t work for whatever reason, I don’t make money. which is why I also do affiliate marketing.
Don’t know where to start??? Check out the all-in-one affiliate marketing platform I use for my affiliate marketing business. It includes your training, blog, hosting, domains and everything you need to succeed at affiliate marketing!
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There is no guarantee that you will earn any money using the techniques and ideas in my posts or content. The examples provided are not to be interpreted as a promise or guarantee of earnings. Earning potential is entirely dependent on the person using the recommended products, ideas, and techniques. I do not position any products or services as “get rich schemes.”
Any claims made of actual earnings or examples of actual results can be verified upon request. There is no assurance that examples of past earnings can be duplicated in the future. I cannot guarantee your future results and/or success. There are some unknown risks in business and on the internet that we cannot foresee which could reduce the results you experience. I am not responsible for your actions.