Okay, so passive income is where it’s at. Clearly, it will allow you to scale things out and make far more money. But it doesn’t happen quickly. However, most people don’t have the upfront investments to get things off the ground when it comes to areas such as real estate, dividends from stocks or ATM and vending machines. For that reason, they need to turn to digital avenues for income generation.
There are some key differences between affiliate marketing and the new world of so-called “influencer marketing” with “brand ambassadors.” Influencer marketing, born with the rise of social media, refers to finding and reaching out to individuals you deem to be “influencers” in your space — bloggers, vloggers, journalists, experts, etc. — who have a strong online presence in your target market and who fit your brand well. By partnering with influencers, brands hope to increase exposure and subsequent sales via the influencers’ followings.
Know when (and when not) to use Viglinks and Skimlinks. If you applied to an affiliate program but were denied, you might be able to still be an affiliate for that advertiser through a secondary affiliate program like VigLink or Skimlinks. Basically, they themselves are affiliates and will split their affiliate commission with you if you put their affiliate link in your content for an advertiser. Obviously, the commission rate is lower for you in this case, so if you ever are accepted into the advertiser’s affiliate program directly, immediately switch from using VigLink / Skimlinks affiliate links to your own.