As simple as that! This cheque (worth around £300) will cover this month’s car payment for Jonathan.
Jonathan was one of early customers who purchased my Second Income Generator 2.0 video course, only few months ago. After watching all 10 business concepts, he decided to stick with Amazon review websites as it was perfect for him, working a full time job and having very little money to invest in business.
Even though Jonathan didn’t have much experience with WordPress, by outsourcing some fundamental tasks, he was able to create 2 websites based around 2 different niches. After that, it was all about creating content and publishing it online. (anyone can do it!)
Yesterday I received an e-mail from Jonathan with his first cheque attached (scanned, not the real one!)- $471.43!!! (that’s combined for first 2 months of starting promoting Amazon.com products). I was really impressed how fast Jonathan achieved his first income goal – earn extra money in spare time to pay for his car!
So Today, I decided to share this with you as a motivation booster and give you a quick introduction on how this Second Income Generator business model works…
How to Make Money with Amazon Associates Program
Affiliate marketing is one of the most popular ways to make money online these days for regular people who don’t have time, knowledge or resources to create their own products or services. With affiliate marketing, all you have to do is send people to merchant’s website and collect commissions on sales made by your referrals.
Amazon was one of the first companies online offering an Affiliate program and today it’s the World’s most successful and popular affiliate program. Amazon pays out tens of millions of dollars each year to their affiliates. Imagine, you would only need to take a small percentage of that to make a full-time income!
Yes, there are thousands of affiliate programs out there, why we’re talking particularly about Amazon’s program?
- People trust Amazon! It’s one of the World’s best rated online brands. You won’t have to convince people that Amazon is a good place to shop online, they already know it!
- Most people already have an account with Amazon! Yes, this essentially means that they’ll make repeat purchases after clicking on your affiliate link.
- Amazon carries thousands of products across hundreds of different niches! Unlike with niche specialized online shops, Amazon sells almost everything, hence your opportunity to find hidden gems, products with low competition and high commissions!
There are some additional advantages but I hope you get the point! When promoting Amazon, all you have to do is warm up the visitor – Amazon will take an excellent care of selling the item! It’s not like with Clickbank websites or other eCommerce shops people see for the first time. They’re familiar with Amazon and this will significantly increase your conversions and affiliate earnings.
How much Amazon pays affiliates? It depends on volume, the more sales your traffic generates, the higher your commission rate will be. Starting rate is 4% but once you sell 7 items, it increases to 6%. Rate goes all the way up to 8.5% if your traffic generates 3131+ sales per month.
This is calculated on a monthly basis and data is reset on 1st day, every month.
You may think, what – only 4%? Yes, it may not sound that much BUT remember, it’s only for first 6 items, from 7th item you’ll get 6%! And that’s not all – when you promote Amazon products, you can expect very high conversion rates. I regularly achieve 10%+ conversion rates for my Amazon review websites. That means every tenth visitor that clicks on my Amazon link, actually makes a purchase. And that’s for products in 100$+ range, conversion rate will be even higher for cheaper products.
What’s the best way to pre-sell physical products? By creating product reviews!
Essentially, what you will be doing is basic product promotion. Unlike simple 200-word product descriptions and reviews, you’ll need to produce UNIQUE, high-quality and comprehensive reviews that would provide a buyer everything he needs to know about the product in order to convince him/her to buy it.
This may sound like a simple strategy and in essence, it is. However, in order to be successful, you’ll need to put in work. Why? Because in order for people to visit your page, you’ll need to provide them with content they will want to read and they won’t be able to find anywhere else on the Internet.
While there are thousands of people trying to make money with Review Websites, only small percentages of them put enough work into this and create VALUABLE reviews! Most people want easy money, they copy content from Amazon, other reviews, put together a quick website and expect to make millions. That’s not how it works I’m afraid! You really want to work hard on product reviews you create, add VALUE to them and make them interesting to read. If you do this, you won’t have to use any other marketing gimmicks as people will TRUST your reviews and make those commissioned orders!
Let’s use one of my own Amazon review sites as an example – I created this review website last year and haven’t actually touched it since then. BestBabyMovementMonitors.com – as the name suggests, it’s a review website about baby movement monitors. There are only 20 or so pages and posts on the website and it took me about 2 weeks to set-up everything. This small website generates me $200+ each month in Amazon affiliate commissions and this number is growing each month goes by. Best part is that I do not have to work on it at all; it’s all auto-pilot income!
So the overall concept is:
Step 1 – find a niche with low competition
Step 2 – register a domain name and set-up a hosting account
Step 3 – create a WordPress website
Step 4 – start publishing valuable content & reviews
Step 5 – apply to Amazon Associates Program
Step 6 – start making money!
To learn more about this money making model and 9 other online business models, check out my Second Income Generator 2.0 video course!