Personally, I love infographics…
Visual content can convey any kind of information in a much more simple, fun, distilled, and succinct manner.
Furthermore, research has shown that the human brain has the ability to process, digest, and retain visual info thousands of times faster and more efficiently than plain old written text.
That being said, if you’re interested in learning more about affiliate marketing and you value visual learning as much as I do, you’re definitely going to love this!
Right below you can browse through a collection of affiliate marketing infographics that’ll help you get a much more solid grasp of the affiliate marketing business model and its mechanics, thus increasing your odds of successfully utilizing it towards reaching your financial goals.
How Affiliate Marketing Works Infographic
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<a href="https://dearboss-iquit.com/" target="_blank" rel="noopener"><img decoding="async" class="aligncenter" src="https://dearboss-iquit.com/wp-content/uploads/2021/06/How-Affiliate-Marketing-Works-Infographic.png" alt="How Affiliate Marketing Works Infographic" width="800" /></a>
<p style="text-align: center;">Created by <a href="https://dearboss-iquit.com">Dear Boss I Quit</a></p>
Best Affiliate Marketing Courses
Best Affiliate Courses
Affiliate marketing FAQs
Affiliate marketing is an online business model that involves promoting products or services created and distributed by third-party online merchants in exchange for getting paid a commission for each sale you refer.
In layman’s terms, affiliate marketing is the process of being compensated for helping businesses sell to more customers.
Here’s a bird’s eye view of how affiliate marketing works.
- You join a merchant’s affiliate program
- The merchant gives you a unique affiliate link that points to their e-shop
- You promote your unique affiliate link online (blog, forums, social media, paid ads, etc.)
- Every time someone clicks on your unique affiliate link and makes a purchase on the merchant’s e-shop, the merchant pays you a commission
There are thousands of successful affiliate marketers all around the world. Some of the most well-known ones are:
- Pat Flynn
- Matt Diggity
- Matthew Woodward
- Doug Cunnington
- & more
You can check out a roundup of my 17 favorite examples of affiliate success and their backstories right here.
- Billion-dollar industry
- Very low startup & operational expenses
- Huge income potential
- Flexible & versatile
- Passive income
- Simple to implement
- No technical background
- No customer support
- No physical setup
Affiliate marketers can be divided into five main income groups:
- Total beginners: $0 – $20,000 per year
- Low-level affiliates: $20,000 – $50,000 per year
- Intermediate affiliates: $50,000 – $100,000 per year
- High-level affiliates: $100,000 – $500,000 per year
- Super affiliates: $500,000+ per year
According to PayScale, the average annual income for affiliate marketers in the US is over $54,000 per year. Statistics reveal that 13% of affiliates earn more than $75,000 per year.
Some of the factors that influence how much you earn as an affiliate marketer include:
- seniority
- target niche
- available resources
- previous experience
- marketing efforts
- & overall mindset
Here’s a rough income growth timeline of a typical affiliate marketing business:
- months (0-3): no earnings
- months (3-6): first affiliate sale
- months (6-12): $100-$500 monthly
- months (12-18): $1000 monthly
- months (18-24): $3000+ monthly
This timeline isn’t a guarantee of future performance but rather a mere approximation of the income growth of an average affiliate business. Your own timeline could be shorter or longer than projected.
Over the years, I’ve seen aspiring affiliates striking a gold vein just a few months into the industry. On the other hand, I personally know people who’ve been struggling to grow their affiliate revenue to $1000 per month for several years.
Affiliate marketing is one of the most affordable money-making models out there.
Here’s a breakdown of everything you need to get started as an affiliate marketer along with their associated costs:
- web hosting & domain name: $2.95/month (Bluehost)
- keyword research tool: $49/month (Jaaxy)
- expert guidance: $49/month (Wealthy Affiliate)
- email autoresponder: Free for up to 1000 subs (MailerLite)
Please note that on top of expert guidance, Wealthy Affiliate also provides free access to hosting and a keyword research tool so you don’t have to purchase them separately.
Yes, you can do affiliate marketing without a website by promoting your affiliate links on other marketing channels, such as:
- Social Media
- Paid Ads
- YouTube
- Podcast
- etc.
The process of getting started with affiliate marketing can be broken down into the following four simple steps:
- Pick a niche
- Launch a blog
- Build an audience
- Promote affiliate products
No, you don’t.
Affiliate marketing is very simple to get started with by virtually anyone regardless of age, education, background, available capital, tech-savviness, professional network, etc.
In fact, most 6-figure affiliate marketers were no more experienced than you currently are when they first ventured into the affiliate marketing industry.
Nonetheless, being knowledgeable in fields like marketing, sales, content production, business management, etc., could help you reach your financial goals somewhat faster.
Affiliate Marketing Statistics Infographic
To embed the image above on your website, simply copy the following HTML code and paste it to your website’s HTML editor.
<a href="https://dearboss-iquit.com/" target="_blank" rel="noopener"><img decoding="async" class="aligncenter" src="https://dearboss-iquit.com/wp-content/uploads/2020/12/Affiliate-Marketing-Statistics-Infographic.png" alt="Affiliate Marketing Statistics Infographic" width="600" /></a>
<p style="text-align: center;">Created by <a href="https://dearboss-iquit.com">Dear Boss I Quit</a></p>
P.S.: Make sure to bookmark this page as I’m going to be updating it with fresh Affiliate Marketing Infographics on a regular basis.
Have any questions?
Leave a comment right below or contact me right here.
I’ll be more than happy to help you out!
All the best,
Harry Niotis, Founder & Editor at dearboss-iquit.com
