How Much Money Do You Need To Start Affiliate Marketing?

Now you mentioned earlier on about that you need to invest a bit of time to get it going. And the more you do it, the faster you're going to achieve the results. What about the cash investment? Because you need a little bit of cash to drive traffic or you don't need to buy the products, obviously, and stock up.

That's the beauty of affiliate marketing, that you don't need to do drop shipping and stuff like that, which I'll come on to in a minute. But what's the bare minimum would you advise? I know it's a very broad question that what sort of money does somebody need to get it going? It's a great question and I get it a lot and I love answering it.

You really don't need money to start affiliate marketing, but I would encourage you to try to set some aside just because, yes, you can make money from using search traffic. Just plain old blogs, which you probably to create those you'll still need probably I don't know how much it costs nowadays to have, like a ClickFunnels backend, a few tools.

Let's say $50 a month for all the tools you need to create that blog, Right? So, you still need the actual tools to create the blogs. So, then you can just do it all organic and free. But if you're serious about it, if you want to do GDN or if you want to do Google, I mean, we love Google just because it's easy and it's accessible.

Let's say you want to do Facebook or YouTube, even with those, like $20 a day, it's the minimum you should do to be able to scale your campaigns. You should only start spending money once you've learned how to do that. There are courses that information out there. So technically you don't need money. But it's going to help if you're serious about this business.

Because even let's say you're going to promote something on Facebook just to your Facebook friends, Right? You’re going to get 20 views. You're trying to sell a supplement. If you add a few ads even like $20 on the same over a couple of days, chances are you're going to get more views. And if one customer buys, you get $100 from the product owner because that's how much we usually pay for one customer.

So, you're spending $20, $40 probably. But if you do it right, you're going to get that money back and then I would recommend you to invest everything you make, at least the first few months until you really get the hang of things. Yeah. So basically, the testing phase is that learning phase where you have $20, $30, $50 a day, get the results.

If you don't get the results, doesn't mean that you have wasted the money or you have failed. You have learned. Because then you know what is working, what's not working. And yes, you're right, you can put up organically on blog posts, on social media or wherever, but that takes a long time to build up traffic. If you want instant results and fast results, then you need to have a little bit of cash to invest into paid traffic.

Exactly. Whether you go with Google or YouTube, TikTok, LinkedIn, Bing, you decide where you want to go. Brilliant. I agree. There aren't that many businesses where you can start with $50, $30, $50 a day correct, this is kind of like a business, full-time business. People I know and you know, have quit their jobs. Oh My God. That's our goal.

When I opened the network, that was my goal. And that's a success story for me. When one of our affiliates, like now, they became friends after all these years, they used to have regular jobs, 9 to 5. And then after a while of doing this, it's so profitable, they were just able to quit, but also have so much more money for their families.

It's beautiful and it's and it's so much room for everyone, Right? Yeah. And then you get that true location freedom, time freedom and financial freedom. Exactly. That's the aim. So, you start small and build it up. Brilliant.