HOW TO BUILD YOUR OWN BUSINESS WITHOUT INVESTING MONEY
To build a business you usually need a capital investment to buy a product to market or equipment to manufacture your product. With the inflation rate at an all time high, such an investment is a risk not many of us can afford to take. What if I told you that your existing web presence and credibility are all you need to begin building your own business in your spare time?
2023 is proving to be a financial nightmare for all of us, whether home owners struggling with rising mortgage rates or renters with increasing service charges and rent.
One solution is economising and cutting out luxuries, but most of us have taken that option with the rise in the cost of food.
The option of finding another job is one solution but how to fit it around childcare or other commitments is almost impossible.
I want to give you an alternative suggestion: do you enjoy posting news and photos on your social media accounts? Do you have family and friends who enjoy your posts?
If you answered “yes”, what if you could earn a percentage of their spending by making recommendations based on your experience?
With help and easy to follow instructions, you can make money from all your social media channels, maybe build a free web site of your own and build a residual income that will grow and flourish while you continue with your regular life.
With affiliate marketing, there are many experienced marketers who can give great advice and suggestions which will take much of the trial and error out of monetizing your existing web presence.
What Is Affiliate Marketing?
Affiliate marketing is all about recommending products or services to your family and friends by creating great pictures, videos and blogs which will be shared by your contacts to their contacts. If you have a Youtube channel it is a great medium for spreading your message, but simple recommendations on Trust Pilot and giving feedback on Amazon for the purchases you have made all build your credibility as a source of knowledge.
It would be perfect if you created a message which went viral, but building a solid base of credibility and reinforcing your existing profile will give you a good start when making your recommendations.
Did you know? 81% of brands and 84% of publishers work with affiliate marketing, because our experience of their products is far more valuable than an advertising campaign. Facebook, Instagram, Twitter, etc., all the other places you socialise have channels where we can add personal recommendations which can pay commission. If you write blogs or keep a vlog they are ideal for informing followers of your new business.
In other words: Affiliate marketing is HUGELY successful.
“I had no idea that being your authentic self could make me as rich as I’ve become. If I had, I’d have done it a lot earlier.” Quote from Oprah Winfrey
Record numbers of people are starting a business and becoming their own boss and over 60% of these businesses are started from home. Could this be an option for you?
Up and down the UK, people are spotting gaps in the market and realising there are customers for the skills, knowledge or assets they have developed through employment or personal passions. These
entrepreneurs are using their home space to bring business ideas to life.
There are many benefits to a home-based business, including the 60- second commute and being able to build a business around family life. We’re now seeing growing home businesses make full use of technology and communications to build relationships with customers and generate income and profits without having to invest money.
There is no time like the present to investigate the potential increase in earnings, signing up to an affiliate marketing programme would mean to you.