1. Passive Income = Affiliate Income
In a certain way, the money you generate through affiliate marketing can be regarded as passive. You don’t need to work actively and physically in order to earn. With affiliate marketing, you can generate money even when you’re asleep. However, you won’t get on that level unless you work extra hard. Look for promising affiliate opportunities that help you gain more affiliate income. If you’re serious about understanding what is affiliate marketing, you have to drill this in you first.
2. Create a website in order to earn affiliate income
In order to generate money through affiliate marketing, you need to create not just a website but also social media platforms. You need to leverage on the power of social media marketing to reach more people. Keep in mind that your level of success would depend on the effort and time you put in improving your brand.
3. No need for capital
It’s true that affiliate marketing is an affordable way to begin an online business. However, it doesn’t mean that you need to begin with zero. Depending on what kind of platform you pick for your strategy, you would need some money for ads and content production. This is most especially true if you are just starting out.