Advantages for affiliates
The advantages of the affiliate marketing business model of the affiliate are quite obvious to anyone. Having the opportunity to effectively ‘sell stock’ without having any of the costs or responsibilities of manufacturing, buying or storing it is very liberating.
If approached correctly, this can eventually turn into an almost passive income. While it’s likely you’ll always need (and want) to keep your eye on the ball, if you can get the business bringing in a substantial income, you may be able to outsource many of the routine tasks to freelancers in the long term.
Where many people stumble, however, is in believing that success in affiliate marketing is quick and easy. It’s not. It takes many hours of learning, commitment and a willingness to adapt to bring the best out of every changing situation.
Aside from the obvious advantages of running your own business, being able to work online from anywhere at any time, and having the freedom to choose just how hard you work, there are a few other perks. Affiliates with a strong social following (also known as influencers) can expect to receive freebies from advertisers looking to boost their brand awareness.
If an affiliate’s website is generic, such as a health and beauty blog, the possibilities are endless: from beauty creams to entire pampering sets, if you can give a company enough exposure, they will be begging you to trial their products for free!