Wondering, can affiliate marketing make you a millionaire? Well, first and foremost, I think one of the best and most important steps anybody can take toward becoming a millionaire running an affiliate business is to first work on your mindset. Thus, believe that you’re capable of making it happen and that you deserve it in your life and just take massive action toward it.
It is absolutely possible for one to become a millionaire doing affiliate marketing. I know a lot of YouTubers and bloggers who are making millions of dollars just from their affiliate marketing business alone.
However, it doesn’t happen overnight. It takes time, consistent efforts, hard work, and patience, in the beginning, to make it possible.
Read on, the following article provides more info regarding your question. Plus, how you can become a millionaire with affiliate marketing step by step and many more.
With that being said let’s dive in!
Table of Contents
Can Affiliate Marketing Make You A Millionaire?
To put it simply – yes, you can become a millionaire by doing affiliate marketing or any other online business out there if you put your all into it. Stay focused, dedicate your time to it and work hard toward it, you can definitely make huge money and become rich or a millionaire.
Most importantly, if you have a fair knowledge about the niche or topic you’re building your business around.
Here’s the reason why, having good knowledge about your industry or niche – can help you know what type of content to write to speak directly to your audience.
This also helps you to be able to write quality and relevant content that people are actually searching for.
All these can help you get more popularity in your field which can literally help you stand out as an expert or authority figure in the eyes of your targeted audience.
And make more money than your competitors.
How Much Can I Earn Doing Affiliate Marketing? “Well, to be honest with you, earning in affiliate marketing from $1 – $1,000,000 dollars depends on YOU, your product, how effective you promote that product on your traffic source, your conversion rate, and your knowledge about the niche you’re in. There’s really no limit to how much you can earn”.
- PS: Before we go any further, let’s take a look at what affiliate marketing is and how it actually works. Click here to check it out!
What Does It Take To Make millions of Dollars From Affiliate Marketing
All the affiliate marketers who make millions of dollars from affiliate marketing, take professional action toward affiliate marketing.
Thus, they put their audience’s NEEDS first rather than trying to make money from them.
If you approach affiliate marketing by adding useful value to your audience’s lives that helps them in one particular area they are having problems with on a daily basis.
And you don’t try to spam them with your affiliate link. Over time, you can easily start to generate millions of commissions from your affiliate business.
I personally know people who have earned over $30,000,000 million dollars in commission from affiliate marketing alone. John Crestani is an example of this.
My mentor (Nathan Lucas) is also an example of that. This guy earns a very good sustainable passive income from his business every month. I think now his net worth is $5 million dollars.
The reason why these guys have achieved incredible success with affiliate marketing is that…
They approach this business model the right way. Thus, focusing on the NEEDS of their audience by providing helpful content that helps solve problems, pains, and challenges their audiences are facing.
And then they recommend a product they believe in that will further help them solve those problems or pain.
I want you to take note of this: Providing valuable and relevant content that helps your audience is the name of the game.
If you approach your affiliate marketing that way, and you never give up along the way, there’s no limit to how much you can earn from your affiliate business.
How Long Does It Take To Become A Millionaire As An Affiliate Marketer?
Well, the truth is most successful affiliates don’t do affiliate marketing just to become rich but rather to provide value and help others, and in return, they get to enjoy the reward.
Let me tell you one secret: When you get into affiliate marketing, don’t worry about money, but rather, focus on helping people first and the money will honestly come on its own.
How long does it take to become a millionaire as an affiliate? “Well, I’m not a millionaire affiliate myself, but over the years as I research and study many top affiliate marketers who are making millions in their affiliate business, it seems to take about 4 – 5 years or more in some cases with quality content and loads of targeted traffic, and efficient SEO to reach that level”.
If you use free strategies like YouTube, blog, and other social media as your traffic source.
However, if you have the fund and you’re willing to pay for traffic, you’ll find success faster than that.
But I’ll recommend you pay for traffic only if you have a product that pays you a high commission.
I hope that makes sense…? But that decision is in your hands to make!
Another thing I discovered about people who are millionaires with affiliate marketing is that in most cases they create their own products that they allow other affiliates to promote for them.
Well, to me, creating your own affiliate product and allowing other people to promote it for you is by far one of the best and most lucrative ways of earning significant income with affiliate marketing.
I know you’re not ready to create your own product now. I understand that but the people all I know who are making millions online, at least have their own product.
Though, there are some downsides to creating your own product such as:
- You have to deal with customer service and satisfaction.
- Packaging and shipping of the product.
- Payment processing, and so on.
But it’s still worth it in the end.
- I have another post where I share with you some of the disadvantages of running affiliate marketing as a business… You can check it out here.
Now, as you know how long it takes to become a millionaire affiliate. Let’s take a look at some of the things you can do to become a millionaire affiliate.
Here Are 13 Steps To Become Millionaire With Affiliate Marketing
I believe that the best way to become a millionaire from affiliate marketing is to first find high-ticket recurring commission affiliate programs that pay a high commission for just a single sale. Which is also in high demand in the marketplace, and promote it on your chosen platform.
Invest in yourself to learn how to market products the right way to the right person. And then focus on one method for the long term.
If you’ve chosen affiliate marketing as your primary method and nothing else, earning a million dollars is absolutely possible.
You just need to be willing to put in the work, determination, persistence, focus, passion, patience, and willingness to learn.
Here are some basic skills you need to master to make millions online:
- Content writing
- Search Engine Optimization (SEO)
- Mastering Paid Advertisements, etc.
All these are the vehicle to earning a million dollars in your business.
Now, below are the steps for earning millions of dollars online:
Step #1: Have A Millionaire Mindset
In my opinion, I believe anyone can make a million dollars online as long as they have a millionaire mindset.
So, what is the millionaire mindset…?
“It’s when you have a belief and develop a mindset that you can make a million dollars online. This mindset helps you to push through tough times and become a millionaire no matter the challenges you face.
This mindset also forces you to take massive action toward your goals and vision of what you believe is possible.
It allows you to commit to learning, researching, and implementing what you learn into your business to achieve your desired goal as soon as possible.
Step #2: Find An Evergreen Niche
Finding a niche that people are eagerly and constantly looking for a product to buy year after year is the secret to every business’s success, especially affiliate marketing.
Finding an evergreen niche and supplying the niche with high in demand products or services is the strategy every top affiliate leverages to become rich.
By the way, what are Evergreen Niches? “Evergreen niches are niches where products are in constant or high demand. People are constantly looking for products to buy in these niches year after year and never get tired of them”
Examples of evergreen niches are:
- Health (Weight management, health & fitness, mental health, etc)
- Wealth (Money, investment, business, etc.
- Relationship (Marriage, dating, etc)
Though there are other profitable niches out there, these three niches are considered to be the best.
If the niche you’re passionate about doesn’t fall under these three niches, I have another post where I share with you some of the profitable niches in affiliate marketing… You can check it out here.
Step #3: Have Good Knowledge About Your Niche
I wish I knew this when I first got started. Having knowledge about a field, topic, or industry you want to build your business around is extremely important and helpful especially if you want that business to be successful.
Knowledge, on the other hand – helps you or makes you aware of what works and what doesn’t work in the niche you’re in. Which thereby helps you to only focus on the right things that will get you to success.
Focusing on the right thing with massive action is what will lead you to the success you want.
On the other hand – understanding the topic, of affiliate marketing (what is it about, how it works, pros and cons, and do’s and don’t, etc) is the key to success in this field.
“The main reason why 95% of affiliate marketers fail to make money online is that they don’t understand the whole concept of how affiliate marketing actually works and how to approach it to achieve success”.
So, my advice to you is that, if you’re already or before you jump into this industry, take time to learn more about it before taking any further steps.
Where Can I Learn Affiliate Marketing? “There are many ways to learn affiliate marketing. You can pay someone to teach you or you can find a blog or YouTube channel about affiliate marketing and follow and learn for FREE. Whichever way you prefer is up to you, but I would advise you to be careful who you learn from.
There are a lot of wrongs or bad information out there on affiliate marketing that can lead you to the wrong path”.
Here Are Some Of My Best Places To Learn Affiliate Marketing For Free:
- Smart Passive Income
- Charles Ngo
- Finch Sells
- Freedom Influencer
- Shout Me Loud
P.S: I wrote another post where I share with you how to learn affiliate marketing the right way. Check it out here!
Step #4: Find And Promote High In Demand Products
Promoting a product that the market is actually in need of is like finding a cure to a disease that people are suffering from for many years.
If you can connect or provide a solution to the problem that the people need help with, you’re actually in business.
You can absolutely and easily become a millionaire over time if you provide that solution in a nice and professional way.
How do I know if a product is in high demand? “Well, I think the best way to go about that is to run a little research to see what type of questions people are asking or typing into search engines, forums, and social media and try to put yourself into their shoes to understand their pain, feeling and challenges (stern).
Then after that, go and find a quality, suitable product ‘YOU’ think will help solve those pains and challenges and promote it to your niche market”.
IMPORTANT: Before you promote the product to your audience, you should first use it yourself. That way you’ll have much knowledge about whether it’s a good fit for your audience or not.
- If You Don’t Have Any Product Yet… You Can Check My Resource Page For My #1 Recommended Program. This Program Offers High Ticket Products, Meaning No More Small commissions. They Have A Team That Does All The Selling For You. Also, They Offer One-On-One Coaching That Work Directly With You.
Step #5: Pick A Traffic Source
Traffic is simply a group of people in a particular platform who need or are interested in a product or service you offer.
In any online business, traffic is extremely important. It’s the secret to any online business’s success.
Meaning without it you won’t generate revenue in your business.
People who drive tons of quality and targeted traffic in their business have a higher chance of making a lot of cash.
So, regardless of whatever you’re doing in your business, one of the major things I’ll recommend you focus on apart from content is traffic.
There are two main types of traffic, organic traffic which is free, and paid traffic:
Free Traffic Strategy:
This is traffic that comes from search engines such as Google, YouTube, Bing, and Yahoo. Free organic traffic is by far one of the best traffic because search engines will continue to send traffic to your site or blog for years to come without you investing any money.
When running free organic traffic, one of the best strategies to get tons of traffic to your site is through SEO, thus (search engine optimization).
Though SEO takes a long time, it’s definitely worth it. Once your content starts to rank on search engines, you’ll continue to get traffic for years to come.
Paid Traffic Strategy:
This is where you pay money to send, drive or attract visitors to your site or blog using ad networks such as Facebook ads, and YouTube ads. Google Adword, or any form of the PPC networks out there.
The benefit of paid ads: One of the benefits of running paid advertisements is that you get instant results.
But the downside of it all is that you’re likely to lose tons of money if you don’t know how to do it correctly.
And also, there’s no guarantee that you’ll get a return on your investment.
Other Traffic Source
- Referral traffic – Traffic that comes to your site directly from another website
- Direct traffic – Traffic from someone types your site URL into a search browser
Do I Need A Website To Start Affiliate Marketing?
“To be honest with you, you don’t necessarily need a website or a blog to make money with affiliate marketing. However, if you plan on running affiliate marketing as a real business and making a serious income from it in the long run then you need to have your own personal blog”.
There are many benefits of having your own website or blog:
- Most of the top affiliate networks ( eg, Amazon) will not approve you If you don’t have your own website.
- A website helps build some sort of authority, trust, and expertise in the eye of your audience.
- It helps you build an online presence.
- A website is the most valuable asset in your business that you can sell anytime you want and make a decent income from as long as it gets good traffic.
Don’t be too lazy to learn how to build your own website. To build your own website or blog check my post on how to start a successful blog that earns money.Become a millionaire not for the million dollars, but for what it will make of you to achieve it. Click To Tweet
Step #6: Find A Mentor To Learn From
To be honest with you, earning a million dollars online with affiliate marketing is not easy especially if you’re just a beginner with no in-depth knowledge about the topic.
Most of the so-called ‘gurus’ you see in front of fancy cars, big mansions, and social media. 90% of them are not millionaires.
They’re just ordinary people trying to deceive you and me just to make money from us by selling their fake courses to us.
What most of them do is…
They promise if you follow their method you can make this and that amount of money without having to do anything.
For some, they said they can show you how to set up a website that will earn you money in a month without you having to do anything.
Please, don’t fall for those lies.
The funny thing is that – most of their courses are outdated material and you can find tons of that information for free on YouTube.
Following those courses ain’t gonna take you anywhere.
So, what do I have to do…? Great question!
Here is my requirement: If you’re just starting out I’ll recommend you find a mentor or someone who has already done it successfully.
Someone who has already achieved what you want and learn exactly from them.
What about investing in a premium course?
As I said.” Not all courses are legit. But that does not mean there are no good ones. There is a handful of them, but, before you invest in any course take time to do thorough research about it”.
- I have another post about how to identify if an affiliate marketing training course is legit, safe, or not… You can check it out Here.
Step #7: Produce High-Quality Content
Online content is said to be KING. And that’s absolutely true. It’s through content that people will see what you’re promoting and eventually click on your link and make a purchase decision.
You can’t become the millionaire you dream of without first doing the work.
And online that work is creating helpful, valuable, relevant, and high-quality information that helps solve problems and pain another individual is facing.
Step #8: Build An Email List
Statistics show that there are over 3.9 billion daily email users across the globe and by 2023 that number is expected to reach 4.3 billion.
More than 80% of internet marketers identify email marketing as their number-one source of making money in their business.
So, what is email marketing? “Email marketing is a process of sending or communicating a message to a group of people or potential customers in order to build trust and relationship with them for the purposes of advertising a product to them in return (stern)”.
“In other words, email marketing is one of the most effective forms of online marketing channels used to market or promote products or services and valuable information to a list of clients”.
The benefit of email marketing:
- Email marketing is one of the most effective ways to reach your customer in real-time with just a click of a button.
- Emails help you drive more traffic back to your content.
- It allows you to remarket or do repeated sales with the same customer over and over again.
One of the most common mistakes I see a lot of people make, especially the beginning affiliate, is that.
They send people from their content directly to a raw affiliate link without first capturing the visitor’s email address.
Well, allow me to offer you some well-earned advice…
If you’re not building an email list. Guess what? You’re leaving huge money on the table.
The money you want to make it’s in the list. So, get serious about building your own email list and see what happens. The earlier you start the better.
How To Build An Email List:
1. Sign up for an email service eg GetResponse (my favorite)
The first step is to sign up with email software. There are tons of email service providers out there. Find the one you like and join. (My favorite one is GetResponse).
2. Create a lead magnet
In order for people to give you their email addresses, you need to give them something of value for free in exchange for their email addresses.
This freebie can be in the form of an ebook, training, cheat sheet, etc.
Not to waste time, create a simple ebook with valuable information that will help people in one way or the other and give it away for free.
3. Create a lead capture page/ Landing page
Since our main goal is to get people’s email addresses and eventually sell or remarket our product to them.
You need to create a page or form and link your freebie to it. So that they can fill out their email addresses before they can get access to the freebie.
And as they opt-in their email. It’s then stored on your list.
IMPORTANT: “KEEP YOUR LEAD CAPTURE PAGE SIMPLE, INTERESTING, AND ENGAGING, so that you can easily get people to sign in to their email addresses.
The capture page or form should have a bolded title and the introduction of what you’re going to give them. Name and email field or only email field”.
Great, now that they are on your list, you need to follow up with your list with a series of helpful emails using an Autoresponder to build the know, like, and trust factor with them.
Here is a perfect example of a good landing page:
“An autoresponder is an email marketing service that is used to automate a series of emails that would be sent to ideal customers after they sign up.
These emails are pre-written and are sent depending on the time frame they have been set to”.
Online TRUST is extremely important. Following up with your list through the use of autoresponders can help you build strong trust and relationships with your list over time.
What is the best email autoresponder software?
“There are some really good autoresponder software out there such as Aweber, LeadPage, Convertkit, etc. I think among all of these the best autoresponder software is GetResponse because it has all the features of running successful email marketing”.
GetResponse has all the features of an autoresponder that work perfectly fine:
- Automated Email Sequence – (A series of emails sent out after a prospect is added to your list).
- Special Emails Date – (You can set automated email to be sent on a particular date and time).
- Global Views – (You can see the country, city, and town where your subscribers live and the time they view your email).
- Triggered Emails – (You can set your email to be sent once a prospect performs a certain action, eg uncompleted cart, purchase, registration, and so on).
And the most compelling and exciting thing is that you’ll get all these features in the basic plan. There’s no need to upgrade to a higher plan.
What autoresponder is cheaper than GetResponse?
“Well, to me GetResponse is the cheapest email software I ever know with tons of amazing features. Though there might be some autoresponders software out there which might be a little bit cheaper but in quality, they are no match to GetResponse”.
At the time of writing this post, I still use GetResponse and my experience with them is amazing. Their customer support team is incredibly helpful.
You can read my review of GetResponse here to learn more about their amazing features, and how you can grow your business using their service.Disciplined, consistent, and persistent actions are more of a determining factor in the creation of success than any other combination of things. Click To Tweet
Step #9: Set Goals
Remember this, no one becomes a millionaire overnight or out of luck. You have to set specific, measurable, attainable, realistic, and timely goals. And take action towards them.
You have to be clear on what you want, when you want it done, and what are the things that are going to lead you there.
When you have a goal you need to make sure you check it on a daily basis to see if you’re really achieving them or not.
This will help you stay focused and not get distracted.
However, if you don’t have clear driven goals, your chances of becoming a millionaire are just a mere dream.
You’ll lack the motivation to take the necessary action that will lead you to what you want.
I know everyone is different. Some people, they can achieve the result without setting a goal.
However, in most cases, if you don’t have a goal, the result you want will not be attained.
Step #10: Focus On Your Why
If you don’t know exactly what you want, why you want it, or the reasons behind why you want to achieve success in life.
It’s imperative that you’re going to lack the focus, the burning desire, and the motivation to take the necessary action toward achieving that.
Especially when you face difficulties and challenges along the journey.
I firmly believe most people who are successful in life are no better than you and I. (just example).
But rather, they have reasons why they want to be successful and that reason motivates them to take massive action no matter what the circumstances are.
So, anytime you feel like giving up, just remember WHY you started in the first place.
Step #11: Commit To Learning
Whatever niche or industry you’re in, I firmly believe that you don’t know everything about that niche or topic.
Even the experts you see. They don’t know everything, and that’s why they always commit to learning and researching everyday.
Now, in my opinion, I believe one of the best practices that will help you move ahead quickly is to emerge yourself into the industry or niche you’re in.
By reading books, Listening to tapes or podcasts, watching YouTube videos, reading blogs – any kind of resource about the niche or topic you’re in.
This will help you get to where you want to be a lot faster and a lot easier.
That’s the key habit every successful person does.
REMEMBER: The key to succeeding at anything is to model success. Find people who have done it and just learn from them.
Taking this path will save you precious time and accelerate your success.
WARNING!… Don’t try to reinvent the wheel.The more you learn, the more you earn. Click To Tweet
Step #12: Take Massive Action
Knowledge without massive action is useless.
Dreaming about becoming a multi-millionaire is good but dreaming without MASSIVE ACTIONS, you’re not going to get any closer to that.
Taking massive action on a regular basis is one of the most important keys to success.
One of the things that separate successful people from unsuccessful people is that…
Successful people have trained themselves to take massive action irrespective of the situations they are in.
While the unsuccessful people always procrastinate and never take any action toward what they want.
The unsuccessful people spend their whole lives learning and never really take action on what they learn.
Successful people learn and take immediate action on what they learn.
So, if you’re listening to the sound of my voice today – I want you to commit to learning and take massive action on what you learn
For example, If you spend 2 hours learning. You have to spend 3 hours in action. Take this into practice and you’ll see how far you’ll go.
Step #13: Have Long Term Mindset And Take Baby Steps
In the process of making millions online. It’s not going to happen overnight. Learning to take baby steps with massive action over a period of time, is what’s going to lead to that big result.
What I discovered in most people is that they enter into business thinking they’re going to be super-rich in a month and if that doesn’t happen they get discouraged and give up.
Remember: “Rome was not built in a day”. Everything takes time to grow, so, I want you to learn to take a baby step before you start running.
What do I mean by that?
Your breakthrough to a million dollars starts when you make your first $ 50 – 100 online on a daily basis.
Earning your first $100 dollars in your business consistently is the STEP to your million dollars online.
The idea behind this is to break down your million-dollar target or goal into small steps. You can’t jump from $0 to $1,000,000.
Targeting that kind of income is going to take you forever, especially if you’re using free organic traffic.
That’s why I suggest you first focus on making $100 and once you start earning that on a consistent basis, you can then use half of it for paid ads.
Then, you can gradually scale that to generate more income. I believe you’re getting the strategy here?
Why Some People Don’t Get Rich With Affiliate Marketing
There are tons of people who are making decent incomes through affiliate marketing, while some are still struggling simply because they don’t think millions online is possible for them.
For some of them, they see every opportunity as a scam.
Most people don’t know what it takes to make money online with affiliate marketing.
They just don’t know how to approach this business model and the right way to get the best out of it.
Most people buy into the idea that affiliate marketing is a get-rich-quick kind of stuff. They have been misled by some so-called ‘Gurus’ out there.
Lack of knowledge…
95% of people who attempt affiliate marketing think they can just throw or spam their affiliate link across social media and easily make money.
2 Best Place To Start Affiliate Marketing And Become Rich
If you’re just started out in affiliate marketing, blogging and YouTube are both good options for promoting your affiliate offer.
These two platforms can help you build an email list of quality and targeted customers to which you can promote your offer to in the future.
And in the long run, it could turn into a full-time income source for you and probably help you in becoming a rich person.
In my opinion, blogging is by far one of the best ways of making money online with affiliate marketing.
“One of the best things about using a blog to promote affiliate offers is that you can place your affiliate link in your post without any restriction”.
However, if you choose a blog as your promotional platform, you have to make sure:
- You’re passionate about the topic you’re writing about so that you can stick with it for the long run because blogging takes a very long time to grow.
- Make sure to write quality content, you have to be consistent.
How long does it take for a new blog to start getting traffic? “In most cases, it takes about 8 – 9 months for a new post on a new website to reach a 90% position of getting traffic from Google. However, if you’re in a very competitive niche it can take a year and a half or probably two years depending on the quality of your content”.
But once it takes off or I should say, once it starts to grow, the sky’s the limit.
Here is some of the successful blog in affiliate marketing:
- Smart passive income
- Mathew wood ward
- This is affiliate marketing blog
- Mobidea academy
Apart from Google, YouTube is the second-largest search engine in the world. It gets thousands and millions of video views per month.
Nowadays, a lot of people prefer watching videos instead of reading text ( but that does not mean people don’t read text anymore. They still do).
YouTube is an amazing platform for affiliate marketing and also an incredible source of earning extra income online.
The best way to succeed on YouTube with affiliate marketing is to create quality video content that helps, entertains, teaches, and educates people and then links your affiliate offer in the description box below your video.
Based on the quality of your content, over time you’ll start to get views and subscribers which you can easily convert into loyal customers.
One amazing thing about YouTube is That…
You can earn a very significant income from your channel through Adsense once your videos are getting a good number of views.
As I said, YouTube and a Blog are the best platforms to promote your affiliate offer. Always try your best to provide value to your audience, this will help you build TRUST and relationships with them in the long run.
How affiliate marketing has made me a millionaire:
8 Secrets From Top Millionaire Affiliates To Increase Your Income
“To become a successful affiliate marketer, you need to first find a niche you’re knowledgeable in and passionate about. This will help you create quality and engaging content that your audience wants.
Then pick a product that’s in high demand in the marketplace. A product that a lot of people are willing to spend money on.
But before you promote that product make sure you go through it yourself to see if it’s a good fit for your audience or not.
And then, learn about the basics of SEO. Knowing this will help you rank your content in a higher position in search engines.
This means you’ll get more ideal customers organically that will click on your content and see your affiliate product.
Here Is The Secret Of What Successful Affiliates Do:
- Start a blog and a YouTube channel to get organic traffic.
- Pick a niche and a product that has a lot of people wanting to spend money on it.
- Produce relevant and high-quality content.
- Use keywords in your blog post and YouTube videos.
- Post content daily.
- Create high-quality and simple landing pages.
- Collect visitors’ email addresses to increase your conversion rate and sales.
- Start Engaging with your audience to build trust and relationships with them.
My Top Best Affiliate Program That Will Make You Millionaire
There are a lot of reliable high-ticket affiliate programs out there that pay 1k per sale and convert really well.
But then, I highly recommend you find one that pays not only a high ticket commission but also pays a monthly recurring commission as well.
The benefit of promoting a recurring commission affiliate program is that:
You only put in the work once and you’ll start making money over and over without having to do anything again in terms of marketing of the product and so on.
You’ll generate commission on an auto-pilot as long as the customer you refer into the system continues to use the product or service.
This puts you in a position where you make money passively.
Where to find reliable high-ticket affiliate programs that pay $1,000 and more per single sale?
“Well, there are so many places. One of the best places to find high-ticket programs is to join big and well-known affiliate networks like ClickBank, ShareASale, CJ.com, etc.
And then search and see what companies offer high ticket offers, and then join those programs or brands”.
These three networks are good and legit networks for finding high-paying programs but for me personally, I’ve had some awesome experiences and successes with Legendary Marketer.
What Is Legendary Marketer?
Legendary Marketer is an educational platform that teaches and helps both beginning and advanced affiliate marketers.
Legendary Marketers start at $7.
The key to this program is to first promote low ticket offers to obtain a customer and the backend is a high ticket that earns you $1,000 and more per sale.
The program has a sales team and a system that does all the selling for you. They convert the $1,000 commission on your behalf. Amazing right?
Wait… Not only that, but they also have a system that you can get your “Leads” into without you paying for any extra tool, and then the Legendary Marketer goes to work for you.
They also offer other opportunities which have the potential of earning you more income.
You can read my review of Legendary Marketer here.
TAKE NOTE: The only secret to becoming rich or a millionaire in affiliate marketing is to promote high-ticket products and services.
I know some of you will be thinking, people are not going to buy something that costs $1000. And it’s going to be hard to sell those products.
Well, here is the thing, the fact that you and I don’t have 1000 bucks to invest into something doesn’t mean others don’t.
There are dozens of people out there that are willing to invest such an amount or more into a program, simply because they are eager to change their life and business.
I don’t know how true that is: But people see an expensive product as more quality than if it’s less expensive.
REMEMBER: “The effort you’ll use to sell 100,000 items at $10 monthly is the same effort you’ll use to sell 100 items at $100,000 items per month”
- [ALSO READ]… 10 Best Paid Affiliate Marketing Training Courses
The Richest Affiliate Marketers In The World
Affiliate marketing is a great way of earning money online. The top affiliates in the world are earning somewhere between 10k – 100k per month.
Below is the list of some of the successful affiliate marketers in the world:
1. Pat Flynn
When I think of affiliate marketing Pat Flynn is the first person that comes to my mind. This guy has achieved a lot of success in affiliate marketing.
He started his affiliate marketing journey in Nov 2008 when he was laid off from his day job.
He built his own blog and through hard work and dedication he was able to make $8000 but it took him one and half years to earn that amount.
But over the years through the same hard work and transparency, he was able to move his income from $8000 to $50,000 in 2013.
Today, he earns multiple 6-figures per month from his business. You can check his income report Here.
- Pat Fynn
Website – patflynn.com
2. John Crestani
John Crestani is also another great guy in the affiliate marketing space. His strategy is to teach people a proven method of making money online.
And out of that, he has generated over 30 million in commission in affiliate marketing alone.
- John Crestani
Website – johncrestani.com
3. Finch Sells
Finch Sells is a high school dropout and dedicated his time and passion to making money from the internet.
Over the years his affiliate blog has had a ton of success.
- Finch Sells
Website – finchseels.com
4. Harsh Agarwal
Harsh Agarwal is one of the famous bloggers in India. He blogs about ‘digital marketing, blogging, WordPress, and make money online niche.
His blog (Shoutmeloud) gets 1 Million daily visitors and he makes a very decent income from that blog.
He and his blog have won many awards in the blogging space. Harsh Agarwal is an inspiring blogger for upcoming bloggers.
- Harsh Agarwal
Website – shoutmeloud.com
Other Top Affiliate Marketers in the world:
Website – johnchow.com
Website – affiliatetip.com
Website – zacjohnson.com
Website – ianfernando.com
To learn more about who are the top affiliate marketers in the world… Check out this article Here.
(Appreaciate it if you on this into your pinterest board).
Well, to summarize everything about your question, Is it actually possible for one to become a millionaire from affiliate marketing?
“Yes, you can easily become a millionaire using affiliate marketing but it’s going to take time, consistency, and real hard work to achieve that.
Because making money online, especially with affiliate marketing is not a get-rich-quick kind of stuff.
It’s a real business model and you need to put in the work upfront for years in order to reach that level of success”.
However, in the long haul, the work you put in will definitely start to pay off.
Now, in my opinion, I believe one of the best ways to become a millionaire online doing affiliate marketing is to leverage the power of YouTube and Blogging.
These two platforms have the potential of making you millions in your business but only if you’re willing to put in the necessary work and effort it requires to grow.
Here Are Some Key Takeaway To Becoming Millionaire As An Affiliate:
- Focus on providing value for your audience in your content
- Drive qualified and targeted traffic to your offer whether it’s organic or paid
- Build an email list
- Promote high-ticket programs
- Make your offer irresistible by offering bonuses
- Model already successful affiliate marketers in your niche
- Be patient, everything takes time
Is Affiliate Marketing Still Profitable?
“Yes, it is. Affiliate marketing is still one of the best and lucrative industries for both individuals and companies who have their own products. It has helped a lot of people and brands to create sustainable passive income business online”. Read more here.
Can You Make Money Fast With Affiliate Marketing?
“Making money with affiliate marketing is not an overnight process, it takes time. It can take you a month or a year depending on so many factors, However, the most important factor that will determine how fast you will start generating income with affiliate marketing is TRAFFIC”. Read more here.
Is Affiliate Marketing A Get Rich Quick Business?
“To put it simply – affiliate marketing is a real online business but to be honest with you it is not a get-rich-quick scheme. You can become rich over a period of time after you have put in the necessary work, time, consistent effort, dedication, and patience (stern).
However, compared to other online businesses, affiliate marketing has the potential of making you rich but not quick rich as a lot of people proclaim it to be”.
How Much Do Affiliate Link Pay?
“When you promote an affiliate product and make a sale, the product owner pays you a commission. The commission you’re paid depends on the product, service, vendor, or the company you’re working with, or what they offer. Most of the affiliate network commission rate falls between 5% – 75%”.