Chad Wyatt Marketing

Affiliate Marketing

Affiliate strategy and monetisation.

Affiliate Marketing for Beginners | A Complete Guide

If you could start a business for under $20 and earn in excess of $1 million per year creating content, would you do it? According to Authority Hacker, 15% of people in affiliate marketing can earn between $80,001 to $1 million – and that’s one of the many reasons people get into the affiliate marketing game. Although it requires dedication and focus – affiliate marketing is one of the easiest ways to earn money online, especially if you already have an engaged audience. You don’t have any product inventory, don’t need customer service, and everything is out of your hands except creating great content. This guide is to help beginners enter into affiliate marketing and avoid making simple mistakes on their journey.

What Is High-Ticket Affiliate Marketing?

Affiliate marketing is still one of the most popular and effective strategies for many businesses and individuals. This is demonstrated by the current global market size of affiliate marketing which is over $17 billion and is still on the increase. Affiliate marketing involves promoting products or services on behalf of another company and earning a commission for every sale or action that results from your promotional efforts. The 2 main types of affiliate marketing are known as low-ticket and high-ticket. Low-ticket – Low commissions, more competitive, easier for people to convert. High-ticket – High commissions, less competitive, very difficult to convert purchases. High-ticket products or services usually come with large price tags, which means purchases are more infrequent and involve more stages of the consumer buying journey. However, if you can successfully earn 1 sale a month from this, it’s likely to be enough for a yearly salary!