How to Make Money in Your Sleep
Step one: Go to sleep. Step two: PAYDAY.
What an impossibly perfect concept. But could it be possible with a little creativity? Yes. Here's how.
Bloggers are a group of people that have made the commitment to building a following by posting consistent, quality content. But most of the time, the efforts of bloggers go tragically uncompensated. For most, blogging is a labor of love, but it's definitely possible to reap some green rewards with affiliate program marketing.
Affiliate program marketing is a process which allows you to link established and substantial merchants to your website and earn a piece of the action on the resulting sales. There is a huge opportunity to grow here. Companies like CJ (Commission Junction) make the set-up easy. They have a broad network of accounts, they handle all the recordkeeping, and best of all, they make the payments directly to you. Advertisers are broken down into easy categories like accessories, consumer goods, electronics, clothing and gifts so it's simple to navigate options to improve your income potential. It's a true one-stop solution for managing your product advertising.
Which companies have affiliates programs?
Amazon and PETCO represent two major merchants that pay high commissions. Knowing how much people love (and spend money on) their pets, PETCO pays commissions up to 15% on pet supplies. According to the APPA (American Pet Products Association), over $60 billion was spent in the U.S. in the Pet Industry in 2015. That's a huge, furry addressable audience!
But can this really add up? Suppose you have a loyal following of 1,000 and have several top links. Taking advantage of affiliate program marketing could give you the opportunity to make commission every day while just doing your daily activities. Then you go to sleep and there you go.
Another huge market is to those who order stuff online. Amazon's affiliate program pays up to 10%. Best of all, you can customize your offerings to match your audience to the best product mix. Though the caveat is, the more traffic to your site, the more money you can make. So get that traffic going!
Without having to sell out to corporate America, and with a little web savvy, you can link a few merchants and use your financial gains to help subsidize your expenses. Maximizing your income through diversification of income sources is a smart way to make more money. Make your website work harder for you, especially while you sleep.