It’s hard to move nowadays without hearing the phrase ‘side hustle’. Everyone seems to have one. And everyone seems to be playing hard after working hard. In this blog, we’ll look at what a side hustle is as well as the key benefits of having one. We’ll also introduce you to a profitable potential side hustle.
If you haven’t already grabbed a side gig, we have an affiliate marketing side hustle just for you. Side hustles are awesome for lots of reasons but mostly because they offer a fantastic opportunity to add to your income.
If you’re interested in finding an affiliate marketing side hustle, look no further than ProfitDuel…
What is an affiliate marketing side hustle?
Affiliate marketing is a way to earn money by promoting products or services. It’s a performance-based marketing strategy where you get rewarded for bringing in new customers.
Promote the products or services of a company and earn a commission for every sale, lead, or action you generate. The best way to build an audience is by producing and sharing content via a blog, YouTube channel, or social media platform.
When you become an affiliate, you will usually be given a special link to share with your readers or viewers. Then, when someone uses your link to make a purchase, you will receive a commission.
This marketing strategy benefits both you and the companies you promote. You gain financial rewards and they gain exposure and potential customers.
A side hustle is a way to make extra money alongside your main job. It's like having a part-time gig where you use your skills or interests to earn additional income. Find out more about side hustles by signing up to our newsletter.
How ProfitDuel’s affiliate program works
Now that we’ve covered the basics, it’s time to find out more about ProfitDuel’s affiliate program. Spread the word about matched betting with ProfitDuel and score a whopping 50% commission for each of your referrals who become Premium members.
The program is available for ProfitDuel Premium members, so you’ll need to signup before joining as an affiliate. Our affiliate programme is FREE to join for all annual members.
- Become a ProfitDuel Premium annual member.
- Join our affiliate marketing program.
- Share your unique affiliate link across your website and social channels.
- Receive 50% commission on each new Premium member you bring to ProfitDuel.
The benefits of becoming a ProfitDuel affiliate
Ongoing profits
You'll receive a 50% share of net revenue every time a member that you refer pays us for premium access. This applies to monthly and annual payments.
Low minimum payout
Our minimum payout is only $50 and you’ll receive payments on the 15th of each month for all qualifying commissions you have generated at that time.
Live stats and control panel
Log in to your affiliate control panel and view live data on how much traffic you have sent, how many free accounts, and how many paid accounts, all updated within minutes.
Free digital assets
Once you’ve joined the ProfitDuel family, we’ll supply you with a range of digital banners and textual links to use on your website. You’ll also be able to see how your marketing efforts are paying off by tracking live data, click-throughs, and conversions.
How much money can you make?
It’s impossible to know the exact average hourly rate for an affiliate marketing side hustle because there are so many variables to take into account. Earnings can depend on factors like the niche, your audience size, and marketing strategies.
Some estimates suggest that successful affiliate marketers can earn anywhere from $20 to $100 an hour but it's important to note that these figures are approximate and can vary widely.
According to Influencer Marketing Hub’s 2023 Benchmark Report, the average online affiliate marketing manager's salary is nearly $57,000 per year. Please note: a side hustle sits alongside your main source of income.
Our top affiliates are currently earning between $1,000 and $6,000 every single month just for sending new customers our way.
Benefits and drawbacks of an affiliate marketing side hustle
Benefits
Affiliate marketing comes with a range of benefits that make it an attractive side hustle option:
- Flexibility: Work on your terms. Choose who and what to promote and set your own schedule.
- Passive income potential: Earn money while you sleep. Once your content is published, it is always working for you. It requires minimal ongoing effort.
- Diverse income streams: You can promote products from various niches, allowing you to diversify your earnings.
- No customer support hassles: You're not responsible for customer service, shipping, or product-related issues so you can focus on promotion.
- Low entry barrier: Because you are promoting existing products and/or services, there is little need for upfront investments. You can share your affiliate link(s) via free platforms.
Drawbacks
While there are numerous benefits to having an affiliate marketing side hustle, it's important to consider the potential drawbacks:
- Potentially unstable income: Your earnings can be inconsistent, depending on factors like product demand, market trends, and your marketing efforts.
- Initial effort: Building a substantial following and creating quality content requires time and effort upfront.
- Market saturation: Some niches might be saturated with affiliate marketers, which will make it harder to stand out from the crowd.
- Dependency on platforms: If you choose to market via a particular platform rather than on your own website, you are subject to their terms. If the platform changes its policies, you could be affected.
- Reputation: Promoting subpar or unethical products can damage your credibility and reputation. Always do your research first to avoid this.
Starting your affiliate marketing side hustle
Starting an affiliate marketing side hustle is easier than you think but here are a few points to consider before jumping in:
- Select a niche: Choose products and services from companies you're passionate about or knowledgeable in. This will make creating content more enjoyable and authentic.
- Research affiliate programs: Look for reputable affiliate programs related to your chosen niche.
- Create quality content: Make sure you create valuable and engaging content that resonates with your target audience. Then share it in the most appropriate way for that audience: via a blog, YouTube channel, social media platforms or a podcast.
- Promote affiliate products: Integrate affiliate links naturally within your content. Focus on providing value and addressing your audience's needs.
- Monitor and optimize: Keep track of your performance to see what's resonating with your audience and what isn't. Refine your strategies accordingly.
- Stay ethical: Only promote products you genuinely believe in. Building trust with your audience is crucial for long-term success.
Affiliate marketing side hustle for beginners: ProfitDuel
Affiliate marketing is a fantastic side hustle that offers flexibility, awesome earning potential, and the opportunity to be creative. It lets you leverage your existing online presence or build one from scratch to generate income by promoting products you're passionate about.
Remember, success in affiliate marketing takes time, effort, and patience, but the potential rewards can be well worth it. It’s important to stay authentic, provide value to your audience, and enjoy the process of exploring new opportunities to earn extra income.
We can’t wait to have you on board. ProfitDuel’s job is to deliver awesome software, training and customer support to our Premium members. Your job is to tell everyone about us! That way, they’ll get great service, we get new, happy customers and you get a commission to say ‘thanks’.
