Today, I’m going to show you how it’s possible to build a very substantial residual income from affiliate marketing. How? Well, I’ve been looking for ways to introduce an element of recurring commissions into my own affiliate marketing efforts and came across this case study. It introduces Sarah, and how she built a $1,000/month residual income in just 7 days. Now, this may not be the niche you’re working in, or we may not do it as quickly as Sarah, but the lessons are there on how we can all make more of this approach. I hope you find it as useful as I do…
Meet Our Heroine
Meet Sarah. She’s a fitness enthusiast who runs a popular blog that covers various topics related to health and fitness. She’s building a loyal following and a good reputation in the industry, but she isn’t making any money for her efforts.
One morning she is taking her supplements when it occurs to her that this would be something she could promote to her audience. She finds the company website, applies to become their newest affiliate and is accepted.
Sarah writes a blog post telling the story of how she began taking these supplements, what they have done for her, and how she wouldn’t be without them. She includes affiliate links in the post which direct readers to the supplement company's website.
Sarah shares the blog post on her social media channels and sends an email to her mailing list, letting them know about the supplements and the benefits of using them. She includes the affiliate links in all her promotions.
To sweeten the deal, Sarah offers her followers an exclusive discount code that they can use when they purchase the supplements. The discount code is only available to Sarah's followers on their first purchase and it’s an offer many of her readers can’t refuse. Sarah's affiliate sales start to roll in and she continues to promote and earn commissions.
The Best Part?
Now here’s the best part: When a new customer places an order, they have the option of receiving the supplements on a monthly basis at a discount. If they take this option, then Sarah will receive not just a one-time commission, but additional commissions each month on the automatic shipments.
Encouraged by her success, Sarah continues to promote products from the same supplements company. She creates more blog posts and social media promotions, each time including her affiliate links and exclusive discount codes.
Sarah Introduces Recurring Commission.
By the end of the first week, Sarah’s earned close to a $1,000 in commissions from the affiliate program. More importantly, many of the orders are set for monthly renewal. And as the next 3 weeks progress, she makes more sales with more automatic renewals.
That’s almost $1000 in commissions the first week, nearly $3,000 in commissions total for the month, and now she has monthly residual commissions of over $1,000 a month.
Overnight Success?
Of course, Sarah's ‘overnight’ success wasn’t overnight at all. She’d already been building her blog and her audience for some time and realized it was silly not to start monetizing it. If she had begun promoting sooner, when she first started blogging, no doubt she would have begun making money sooner, too.
Her knowledge of her niche and her customers, as well as and her ability to create valuable content that resonates with her followers created a great deal of trust with her readers. She also used the power of social media and email marketing to promote the products and drive sales.
Additionally, offering an exclusive discount code helped to incentivize her followers to make purchases through her affiliate links.
It's important to note that building a $1,000/month residual income through affiliate marketing in one week isn’t typical. It requires a unique combination of industry knowledge, a loyal following, and effective marketing strategies.
If you already have a blog and an email list, then it might be possible. If not, perhaps it’s time to start a blog and list so that you, too, can begin to reap the power of affiliate marketing.
Conclusion
So, as we see from Sarah’s experience here, affiliate marketing, especially if we include some form of automated repeat commissions bringing in evergreen passive income, can allow us to create a genuine second income, or perhaps even lead to a full-time income on its own. If you’d like to see what affiliate marketing is all about, and how it’s set up, click the button below for your FREE copy of our Affiliate Marketing Blueprint.