Notice as well, Nerd Wallet is creating content based on people’s pain points. They give advice on how to make money, how to pay back University fees, and planning a vacation.
NerdWallets content utilizes social media, and SEO (Search Engine Optimization) – which brings people in, and ultimately, turns that traffic into leads and customers of their affiliate recommendations.
Next up: Best Reviews. This site uses the exact same monetisation strategy – Affiliate Marketing. The difference ultimately lies with WHAT they’re comparing.
Best Reviews literally compares everything – from bathrobes, all the way to air purifiers.
Coming from humble beginnings, Best Reviews is now a big site – loved and used by many people. They have built themselves up and now have a lot more authority and credibility.
Importantly, their call to action buttons do not say “buy now,” they simply say “check price.” That’s one of the main factors that people consider, hence why they don’t reveal it.
They generate that referral with curiosity.
When you click “check price,” you are taken to Amazon. From there, anything that the user buys on Amazon will give Best Reviews a commission.
This is how Best Reviews earn their money and why I believe they are a great example of making passive income from websites in 2020.
Amazon hasn’t got the highest commission rates, but with enough traffic from a site, you can make serious money.
Lastly, you should look into other revenue streams.
Don’t stop or slow down.Start selling courses, make money with adverts, and partner with other companies and influencers.
Build up your brand – including your mailing list and social media following. This will help you gain a loyal following.
The possibilities are truly endless.
I hope this inspires you to get started with your own website or blog. These four websites are proof of just how successful affiliate marketing can be for passive income.
They may be extreme examples but there are tonnes of everyday normal people that are successfully making money with affiliate marketing via social media.
If you would like to bypass a lot of the mistakes and self-discovery around building an affiliate business, and learn directly from someone who has been there and go the T-Shirt then register for the free webclass below.
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