How much will it cost to get started?
My last blog post prompted a great question… but not one that is easy to answer.
How much to start?
Asking how much it costs to get started in affiliate marketing is a bit like asking, how much it costs buy a car. There are just so many options. Let me do my best to price up a few options for you.
Option 1 – No Cash Investment – Heavy Time Investment
Assuming you have a PC, internet and are going to do all the work yourself… the cheapest option could be as little as no cash cost, just a big investment of time.
You could, for example, look for products to promote that pay a commission. Search for “affiliate programmes” to find a host of companies offering the change to promote their products.
You could also search of platforms such as “JVzoo” and “Clickbank” for products. You may find with some affiliate programmes you have to qaulify first. You have to have sold a set number of other products before a seller will let you promote their products.
Once you have a product, you could set up a twitter account, free blog account, Facebook Group, YouTube channel, etc. There are loads of platforms you can use to promote the products(s) and see commissions come in.
This can take a lot of work as you need to be putting your offer before hundreds if not thousands of people.
Get some basic training free
For free training on the basics of Affiliate Marketing check out my short video presentation
If you want someone to one help with this, just let me know and I will see what I can do.
Option 2 – Little Cash Investment ($10 – $99) – Heavy Time Investment
Another option would be to spend a little money to get a head start. A few dollars will get you either some training, or entry to a proven affiliate marketing programme, or both.
This will help you understand some of the more of the demands of Affiliate Marketing. It can give you a good start in actually promoting a product and seeing commissions.
You can of course search for these sorts of things, but I highly recommend the following. It is real cheap (under $10) and provides a really sound basis for starting an affiliate programme. It provides you access to some great training. It allows you to promote the product you have just bought (If you feel it has delivered exceptional value, then why not share that?). It provides you with graphics you can use in your advertising and a set of emails you can send to prospective buyers.
Option 3 – More Cash Investment ($300 – $9,000) – lower Time Investment
At the top end of the ‘just getting started’ spectrum are the ‘Done For You’ packages and the Coaching packages.
At this level you can find companies that train you up on a system, have multiple products to sell, will build you website or blog for you and give you ongoing help and coaching.
This was the level that Tanya and I got started at. We had out blog set up, we followed a structured training course, and we have a raft of products we can promote that bring us commissions ranging from $1 to $1000 a sale.
I believe that to see the worth of these types of programmes, if you are just starting, it helps to go through a number of stages.
If you were interested in this type of thing, then I would recommend, as a first step, signing up to listen to a webinar I got my coach and mentor Dean Holland to record for me. You can access it for free here… http://tonyandtanyaonline.com/free-web-class/
Happy to chat
I hope this helps answer your question. I realise it’s a bit general, but I am willing to chat with you one to one to work out exactly what you are trying to achieve and help you decide on the best path to follow