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Affiliate marketing used to be an exclusive opportunity for celebrities and big influencers. Today, it seems like everyone has affiliate links. Sometimes affiliate marketing is done so cleverly that we don’t even realize we’re clicking on an affiliate link. On average, affiliate marketers make $51,217 in annual passive income.
What is Affiliate Marketing?
Affiliate marketing is ultimately a form of passive income. This is the process by which a person earns a commission by marketing a product belonging to another company or individual. The person must first become an affiliate of the company, which is usually done by searching for a product he or she likes, signing up for the company’s affiliate program, then promoting the product and encouraging people to use his or her link. When someone clicks the link and makes a purchase, the affiliate gets a cut of that sale.
Unique in that anyone can do affiliate marketing — There is no age requirement. While some companies may require their affiliates to be 18 or 21 years of age, many do not. Likewise, while every state and country has minimum employee age regulations, those regulations do not apply to affiliate marketing.Unlike the typical job where you legally become an employee, affiliate marketing is seen as a hobby — Means the same requirement does not apply.
related: 3 Tips for Getting Started with Affiliate Marketing
What makes teens so successful
Some might argue that teens are better at affiliate marketing than their adult counterparts. They have an edge over the competition and that’s why.
Teens are at the forefront of technology
As we progress, young people are always the first to learn and embrace new technologies. For older millennials, it’s computers and the internet. For today’s teens, it’s groundbreaking apps, videos and new ways to communicate. Today’s teenagers never know a world without the internet and computers. Since they’ve grown up, they’ve gotten better at creating their own website and profile on all the latest apps. These places happen to be the best places to market your affiliate links.
Teens keep up with the latest trends
“Cool” will always be fashion, no matter what is considered cool these days. Teens are often the ones who create what is considered cool in pop culture, so they know better than any adult what’s trending. By incorporating the latest trends in their affiliate marketing, they differentiate the products they advertise from the rest. They are able to make their products look more popular. Teenagers and affiliate marketing naturally go hand in hand.
related: Affiliate marketing is becoming a cost-effective channel for brands during Covid
Teens know how to communicate
Since teens know to use the latest apps and contain the latest trends, they also have a unique way of communicating. They can reach other people of the same age by speaking the same language. In a world where anyone can go viral on TikTok, teens tend to express their thoughts in a way that is well-received on these new social media apps. By using this commonality, people are more likely to buy what they sell.
Teens have more flexible time
One of the best things about affiliate marketing is that it’s very flexible — You can do it anytime, anywhere. However, many adults are confined to strict work schedules and take on additional responsibilities in their free time. Teenagers do not yet have these societal expectations. They have more flexible time to build a business than anyone else.
Teens have more time to build
there is no way to fix it — The sooner you start using affiliate marketing, the sooner you’ll see great returns. Since so many teens start using affiliate marketing very early, they will inevitably have a stronger system to outpace the latecomers. They will also earn extra income from affiliate marketing to invest in other businesses and build further wealth for the future.
related: Choose a marketing model that lets you pay for results, not potential
Ready to make money online?People everywhere are already doing — Build a sales pipeline and earn thousands of dollars. The bottom 10% of affiliate marketers make $37,000 a year, while the top 10% of affiliate marketers make over $70,000 a year. With affiliate marketing, the cost to get started is very low, so what’s stopping you?