Woodworking + Affiliate Marketing = A Great Income
How can I justify this claim?
Lets look at Affiliate Marketing first.
Today Affiliate Marketing accounts for sales of $12 billion across the globe with this huge sum growing exponentially year on year.
The value of products purchased through Affiliate Marketing, country by country, is illustrated by this graphic.
As I write this post in October 2020 we are facing more stringent lockdown restrictions as the second wave of the pandemic hits. As you know the pandemic has had a devastating effect on High Street shops as buyers flock to the internet.
More and more retailers are realising that sales needn’t just come from their own website, but can be generated by an army of affiliate marketers.
Five Reasons Why Affiliate Marketing Is On Fire
1. The Exponential Growth In Demand
The demand for products is increasing as the world’s population grows and standards of living improve, especially in underdeveloped countries.Link this demand to the increasing availability of internet access and ongoing technological advances and you have a recipe for explosive growth.
2. The Affordability Of Affiliate Marketing
Affiliate programs are free to join, so they are an affordable way to start an online business.The niche markets with the highest number of affiliate programs are shown opposite.
3. The Advantages Of The Affiliate Marketing Model
There are many advantages to joining an affiliate program. Here are just a few…..
No stock to purchase
No products to create
The owner of the affiliate program provides support with advertising, queries etc….
Orders are taken and delivered for you
There are no staff on your payroll
Commission payments are deposited in your bank by a trustworthy intermediary