You recommend a product or service to your followers through your website, blog or email list. Your followers buy the product or service through your affiliate link. You are paid a commission for sales made through your affiliate link. Affiliate marketing can be lucrative, but it takes a commitment of time and money to make it a real business.
Do some thorough research before jumping on the affiliate marketing bandwagon. You earn based on your effort, payment model and the niche or industry you have chosen. You can earn anywhere from a few hundred dollars to tens and thousands of dollars each month with your affiliate programs (of course, if you do it right). Your earnings will also depend on the number of affiliate programs in your niche, the followers, the subscribers you have, the quality of your content, and your reach.
Affiliate marketing is a viable revenue option, but it doesn't work for every business. Earning revenue through affiliate marketing requires dedication and commitment over a long period of time. If you want to become an affiliate program merchant and then earn money by having affiliates sell your product, here are the steps to follow. If you're a beginner, you can make money with affiliate marketing by creating a YouTube channel and teaching people how to start a blog while referring your audience to hosting.
How he makes money: At age 40 you'll see that the video is sponsored by Skillshare and also uses an affiliate link in the video description, as well as Amazon affiliate links for the video team you use.