Hey, you must search online for how much you have to invest in starting affiliate marketing since you don’t have much cash, right?
Today, I will show you how I started affiliate marketing and the cost I spent in the last three years.
So you will get an idea of how much you should prepare to move forward.
How Much Do You Have To Invest In Starting Affiliate Marketing?
Well, it depends. Most people only make ends meet each month, so it’s crucial to find affiliate marketing platforms with free trials or money-back guarantees. This is to ensure you find something you like instead of being scammed. The other solution is you can start affiliate marketing with no money. You can find free resources and YouTube videos to learn how to start affiliate marketing at no cost. Lastly, I share my spending on running an affiliate marketing website for your reference.
1. Try Affiliate Marketing Platforms With Free Trials Or Money-back Guarantees!
Thousands of affiliate marketing platforms aim to teach you how to do it correctly, but a few of them work. In my affiliate marketing journey, I wrote reviews of many affiliate marketing programs with bold and unrealistic claims, which turned out to be online scams.
The best to avoid being scammed is to do your due diligence. For example, check the platforms on major review sites like TrustPilot, Sitejabber, Better Business Bureau(BBB), or Facebook Ratings and Reviews. You will find real customers’ feedback and use them to make a better purchasing decision.
I prefer to join those platforms that offer free trials or money-back guarantees, even though you can only try their limited service or get access to a few training courses. It still gives you a sense of how they are doing and whether you will like it.
💡Pro Tip: The Best Affiliate Marketing Platform For Beginners. No Experiences Required!
2. Can You Start Affiliate Marketing With No Money?
The short answer is YES! You can start affiliate marketing with no money. It’s easy to find free resources and YouTube videos that teach you how to start doing affiliate marketing, but it takes time to gather all information.
Affiliate networks have various affiliate programs that you can join. Once they approve your application, you get your unique affiliate links and send them to people you know. It’s possible to make commissions if your friends purchase through your links.
However, doing affiliate marketing this way isn’t scalable. At the end of the day, you will need to start a blog, create social media accounts, or build your YouTube/TikTok channel to better manage your affiliate marketing business.
💡Pro Tip: Affiliate Marketing For Beginners. A Step-By-Step Tutorial!
3. How Much Money Did I Spend For Affiliate Marketing?
Now, I like to share all my spending, so you get a clear picture of how much money you need to run an affiliate marketing website for a year.
- Wealthy Affiliate Premium Membership: $495/year
- Domain name registration: $14/year
- GeneratePress Premium Theme: $59/year
The total cost is $568 for a year. I also subscribe to other services, but they are optional. I only list out the ones beginners need the most.
Compared to a brick-and-mortar business, $568 for a year is quite affordable. If you divide the number by 365 days, it’s only $1.6 per day. Why not save a little every day to create an online business from the comfort of your home?
💡Pro Tip: The Best WordPress Theme – GeneratePress. Fast and Lightweight!
Conclusion
Now you get my tips to start an affiliate marketing business to earn extra cash.
- Try to find affiliate marketing platforms with free trials or money-back guarantees
- You can actually find free resources and YouTube videos to start affiliate marketing
- Spending $568 a year running an affiliate marketing website is affordable!
I hope my blog post helps you today and you get information on how to focus on your affiliate marketing business. If you have anything to say, don’t hesitate to comment below. I will reply within 24 hours.
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