Should you depends on affiliate marketing as the only source of income ?

[Sotherefore]

Affiliate marketers are really making money from affiliate marketing but I don't really know if this can be depends on as the only source of income, These questions can be answered in different ways as below:

1) Affiliate marketing may be profitable and can generate a good profit to a marketer but should we rely on one source of income ? :
Affiliate marketing may be capable of giving us the required money that we need but this does not really mean that we should put all our eggs in one basket , inasmuch as we are able to make money with affiliate marketing we should also look for other opportunities we can switch to if need arises.

2) Generally most online business is not reliable because of technological advancement and inventions of new technology:
There are different online business that are no more profitable because new technology is taking over and they are considered to be an outdated source of income, the world is changing , technology is changing and relying on one source of income might be risky because new things are likely to take over some present online businesses .

Based on the above points , do you really think it is advisable for people to consider affiliate marketing as the only source of income ?

 

[Jasz]

Should you depend on affiliate marketing as the only source of income?

If you're an affiliate marketer, you've probably heard that question before. Some people think affiliate marketing is just a short-term thing, a way to make some extra money or get some free swag. Others believe it's not a reliable source of income, because there's no guarantee that you'll make any money.

And if you are making affiliate marketing your only source of income, that means a lot of things are on the line—including your ability to pay rent and buy groceries each month. Of course it's important to be realistic about how much money you can really make with affiliate marketing, but there is also an upside to this business model that isn't always mentioned

Affiliate marketing can be a great supplement to other forms of income, and in many cases it can be a good way to start getting those other sources started, but I don't feel you should make it your only source of income.

 

[Sotherefore]

Should you depend on affiliate marketing as the only source of income?

If you're an affiliate marketer, you've probably heard that question before. Some people think affiliate marketing is just a short-term thing, a way to make some extra money or get some free swag. Others believe it's not a reliable source of income, because there's no guarantee that you'll make any money.

And if you are making affiliate marketing your only source of income, that means a lot of things are on the line—including your ability to pay rent and buy groceries each month. Of course it's important to be realistic about how much money you can really make with affiliate marketing, but there is also an upside to this business model that isn't always mentioned

Affiliate marketing can be a great supplement to other forms of income, and in many cases it can be a good way to start getting those other sources started, but I don't feel you should make it your only source of income.

Generally a person can be able to make money constantly with affiliate marketing almost up to $1000 or more on monthly basis but even with this I still consider an online business to be the type of business a person should not rely on because technology is likely to take over a lot of things in the future,

If a person is really able to make money with affiliate marketing or any other form of online business the person should be wise enough to invest the money offline in things that can also generate profit , even if the person is not ready to engage in a business with the Investment the possibility of being stranded when things are not working as expected will be low.

Personally even if I have an online business that is generating a constant income I will have to invest it offline or to start up a certain business I also have to do offline, at least having a multiple sources of income is the best, you will be more confidence that two of those cannot fail you at the time.

I know there a lot of people who are really making so much money online either have from freelancing or any other online opportunities but the problem is that I don't really know if that is their only source of income.

 

[eldavis]

Affiliate marketing is indeed a good way to make money, and one of the most lucrative online business out there but it should not be your only source of income. No matter how much you earn it would be wise to have more than one source of income, cause though we do not pray for that but anything could happen at any time, to prevent being stranded, it would be wise to have more than one source of income.

 

[kayode10]

Affiliate marketing is a good way to make money online. but it is a wrong move to rely on it as the sole source of income. It is good order multiple streams of income to support the affiliate marketing you are doing.

You can even graduate from affiliate marketing to product creation. I will assume that you have use of loyal subscribers in hundreds of thousands. If it happens that these people always buy large majority of the product you are promoting.

Selling your own products to the subscribers will give you the opportunity to earn 100% profit because you are not going to share the profit with anyone.

You can simply conduct a survey or a poll with your subscribers. Try to know the call part of their major problems. You can use the information you get to create a perfect products for your subscribers.

Once the product is ready, the next thing is to plan how you are going to launch the product. First you need to keep them warm in for the product launching.

You can also become a freelancer helping people on some aspects of their affiliate marketing since you have been successful with it. You will simply become a consultant that command hi-fi telling people what to do with their affiliate marketing. With this, you are make money from your experience

 

[Chibson]

Affiliate marketing is undoubtedly one of the best online businesses in which anyone can make money on the internet currently and many people have capitalised on the history gain financial independence. Affiliate marketing is not really easy as a lot of people think especially the newbies but with proper knowledge and understanding of how it works, you will definitely pull through. The truth is that it is not advisable for anyone to depend on one source of income because that particular venture may cease to be lucrative tomorrow. When you look at the world's richest people they do not really depend on one source of income but they are into several businesses that are fetching them a lot of money. So the simple truth is that it is not advisable for anyone to depend on one source of income whether you are a crypto currency trader or a forex trader or even an affiliate marketer. There are hundreds of businesses on the internet in which anyone can venture into and make good amount of money. I know many people that are into affiliate marketing and at the same time they are also into cryptocurrency trading and freelancing and they are making good amount of money on the internet.

 

[Nanajules]

No, there is not only this ONE source to make $$$$, but there are some other also, which you can do if you have experience, skills and knowledge.
If you have still no such experience, you can take help from your friend, who has to know all this or hire someone for this.
So, what I am going to share with you, from that you can use and make.

1. You can make your own digital products such as Ebook, APP, any software which helps your user, customers at mass scale, think planned and start, if you can, from this you get an extra source of income.
2. You can give consultancy service if you have good experience in your niche industry, it can be health fitness, sports, marketing, real estate.
3. you can run your own membership website, where you charge a nominal fee for hosting and domain.
4. You can start your own blog on niche, and sell it on flipping websites such as flipaa or sedo.

Anyways, aside from all of these, you can engage in cryptocurrency, CPA marketing, and so on. It is safe to put your eggs in a couple of baskets instead of just one.

 

[jannymiles]

A technical lead is vital to a successful custom software development team https://mlsdev.com/blog/ehr-development. They interpret stakeholder and business requirements and develop the programming details and delivery estimates. A technical lead will also be responsible for enforcing quality standards, protocols, and best practices. A technical lead should be a skilled communicator and have a solid understanding of the business and the technology that underpins the project. A technical lead should also have a strong communication and time management skill set.

 

[kayode10]

Affiliate marketing is a good way to make money online. It is possible to make full-time income with affiliate marketing if you're dedicated enough to it. But it is not advisable to rely on affiliate marketing as only source of income.

The present situation of the world economy, it is no longer viable to rely on a single source of income. it means your only source of income will vanish if the affiliate program you are working with decided to close up.

While you are doing affiliate marketing, you should have it in mind that you are going to use affiliate marketing as leverage to create your own products. Selling your own products online can also be additional source of income.

You can simply apply the knowledge of affiliate marketing to promote your product online to the target audience. In fact you have opportunity to earn 100% profit with this online money making model.

While you are doing affiliate marketing, you can simply learn content marketing. It will be much easier for you to learn it as it is very similar to that of affiliate marketing.

You can also decide to learn how to trade cryptocurrency to make more money for yourself. You can turn your online earnings to real estate to expand your source of income offline.

 

[Good-Guy]

I do not think that any person should rely on any one source of income alone, even if it is affiliate marketing. While affiliate marketing is considered one of the best ways to make money online, but people should remember that affiliate marketing has its own disadvantages,. Affiliate marketing is considered one of the ways to generate passive income online, but the fact of the matter remains that there are certainly many disadvantages associated with affiliate marketing as well that make it an unreliable way of making money. Unfortunately, many people do not actually talk about the disadvantages of affiliate marketing at all.

One of the biggest disadvantages of affiliate marketing is that you must depend ion the affiliate sales in order to make commissions on sales. If the customer does not make a purchase, then you will certainly never earn any commissions on products. This is why affiliate marketers always rely on various different kinds of techniques in order to increase their chances of making sales. having said that, people should always have many different sources of income and they should never ever rely on a single source of income and this is the key to make money online.