This 24-year-old makes $8,600 a month in passive income—and works 'just 2 hours a day.' Here's how

When the pandemic hit, I lost both my waitressing and personal training jobs. I decided to take the loss as a sign to build the>1. Turn to the experts for guidance

Look for people who have done what you're trying to do and study their strategies. Reach out and ask if they're willing to walk you through building your type of business. This will save you tons of time, energy and money.

There are also courses,>2. Don't start with multiple niches and products

To focus your efforts, start with>3. Find winning, high-ticket products to promote

You will spend the same amount of time and energy promoting a product that pays out $2 in commission as you will promoting a product that pays out $2,000 in commission. So the key is finding high-ticket affiliate programs and making those the bulk of your business.

I use sites like clickbank.com and digistore24.com to find affiliate offers that pay well. When deciding what to promote, I look for products that have:

  • High gravity, or a high number of marketers who are actively promoting the product. If many other people are putting their time into sell a product, that probably means it's working for them.
  • Recurring subscriptions, or consistent monthly charges for the product, so you will make recurring commissions.
  • A low refund rate, which means that the majority of people who purchase the affiliate offer are satisfied with it. This helps me ensure I'm>4. Build trust with your audience

    No matter what platform you are marketing>5. Hone your marketing skills

    Affiliate marketing isn't a "get rich quick" scheme. It requires you to learn skills like copywriting, generating consumer interest and communication.

    These are the skills that differentiate a affiliate marketer from a one — and there are many online courses to help you master them, such as Dave Sharpe's Legendary Marketer and specific courses on Skillshare.