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Now to my favorite affiliate marketing.
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aate marketing is is the best. So in my
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opinion, the best platforms for
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affiliate marketing are YouTube, your
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website or social media. Actually, it
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can be anywhere and you can earn
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commission on referrals. I will show you
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one example of how I made more than
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$1,200 with one video. Uh I I actually
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mentioned it before we have um only a
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few views because here what matters
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again is a very good sales funnel. It's
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not millions of views uh where no one
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cares about is if you make millions of
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views on a cat video uh um there's very
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little chance you will you will sell
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anything uh even if it's possible. But
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now what is affiliate marketing? There
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are two types of affiliate commissions.
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onetime commission. So um you drive a
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lead to a brand and um they buy once
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they buy a product and you get a
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commission such as Amazon associates
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when you send them a traffic um someone
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buys a product you get on average one 2%
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sometimes more in a very few select
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niches to 10% but you get very little
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commission on what they sell and it
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happens only once if the customer comes
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back you don't get a commission again
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so it's only one time and my favorite of
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course is recurring affiliate marketing
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when the customer subscribes and you get
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commission as long as the customer uh
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keeps using the the product. So for
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example with a software as a service you
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can earn from a free to 50% commission
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on on the sales. So it works mostly with
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a subscriptions or memberships. Of
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course it's very rarely with product
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sales. most of the the product
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selling person they will give you one
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time commission. So and then they will
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keep the customer they will put them in
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their in their in their list in their
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email list they will keep coming back to
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them but you will not get a commission
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again. Uh so yeah recurring commissions
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can build passive income and one
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referral can pay for years that's ideal
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at least as long as the affiliate
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program is up and running. So I will
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give you this example. So this video at
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the end I will give you a shortcut with
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all the links of all the products I
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mentioned in this workshop. So I publish
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uh this video about using ISOIC hix
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product. Uh so Hix is a video hosting
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platform that belongs to ISOIC. It
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imports videos from YouTube and you can
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make money even from one view. on
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YouTube, you need a thousand
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subscribers, 4,000 hours of view to
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start um getting a piece of the uh
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advertisement revenue with homics by
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just importing importing video. You make
3:00
only directly. So this is what I show on
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my thumbnail on YouTube. I make zero
3:05
on is with my articles including these
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videos. I made $17 and by just importing
3:10
them on Hamix I made $75 from these
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videos with the same videos I had on
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YouTube and on YouTube I make zero but
3:16
on another platform I made5
3:20
in I think it was one month no uh maybe
3:22
one year I don't remember the point is
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um I made a video explaining how I use
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this affiliate link to register to
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create an account to start using this
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product so it took me maybe one hour to
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create the video the going strong. So 10
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minutes to record and um publish it on
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YouTube, put titles, description, tags,
3:47
whatever. So in total maybe 1 hour of
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work on discrete four people
