How To Create Multiple Streams Of Passive Income With Affiliate Marketing

How to generate multiple streams of income through affiliate marketing. And this video I’m gonna be showing you exactly the steps, the big picture, the strategies on what needs to happen so that you can do it as well. Hey, this is Peng Joon here and in this video I’m gonna walk you through my journey of what I did to generate millions of dollars promoting other people’s stuff, including a brand new Porsche by literally just promoting something that I did not even create. Now this is basically known as affiliate marketing, which is the process of promoting somebody else’s product. Now what many people don’t know is that the world’s largest marketplaces, all these different platforms, whether it is Amazon for physical products, whether it is ClickBank for digital products, whether it is in the space of travel, all these different platforms, they all have this thing known as an affiliate program where they will pay you money every time you refer people to buy stuff on their platform.

So, in today’s video, I’m going to show you the exact big picture of what needs to happen in order for you to monetize and make it happen. And what if I told you this literally was a three-step process, simple steps by the way, that you need to implement in order to make this happen. Let’s begin with this first one. The first one is actually the thing that you need to promote. Whether it is product or a service. Let me just show you the different examples. This could be a physical product on Amazon, this could be a digital product that is on a marketplace like ClickBank or if it’s not a physical product, a digital product. If it’s a service that you could be promoting, put it this way, whatever market that you’re in, like literally go to Google and type in your niche name with the keyword affiliate program. So let’s say you are a influencer, you know, you’ve been talking about lifestyle and travel and food. You literally go on to Google and you type in the words travel affiliate program.

Now, if you look at the travel affiliate program, you’re gonna get all these different results and you will see sites like Agoda, TripAdvisor, Booking.com they all have an affiliate program where they will pay you a commission every time you refer people to their site. So what you do is you sign up for their affiliate program, it’s usually free with the end in mind thinking, which is basically this. Understand that good affiliate marketing is not about persuading somebody from a no to a yes. Good affiliate marketing is about thinking who are the people that already gonna say yes anyway, and how can I place this link that is unique to you that these sites give you in front of them because they’re gonna buy anyway.
So when you sign up for this account and they’ll give you this unique link, now this link, remember you can use this link on any platform. So if you are currently building a following, whether it’s on Facebook, whether it’s Instagram, whether it’s you have an email list, whether it’s on your funnel, whether what’s in your YouTube video description, you can place this link in any of these different platforms. So step number one is about thinking what is the product or service, physical or digital that you can be promoting, that your audience is going to say yes with minimal persuasion? So that’s number one, what is the thing that you wanna promote? That brings us to step number two.

Okay, so number two is after you have determined what it is that you wanna promote, that is when you need to set up this page over here, this page is known as an opt-in page or a squeeze page. Now what does this mean? I’m gonna include a link in the description below an affiliate funnel or an affiliate opt-in page that you could be using. But basically what it is, you wanna promote the product or the service, but most importantly right now you wanna capture their name and email address. It is because whatever it is that you wanna promote, the last thing you wanna do is spending money driving traffic to this other person’s product, program or service.

Because if you’re doing that, you’re not building a business. Let me say that again. If you are not capturing somebody’s name and email address, if you’re not building a list, you are not building a business. Write that down. If you’re not building a list, you’re not building a business. So in other words, you are now building something that’s long-term that is sustainable because you’re capturing their email address first and you can monetize this further in future as you are giving them more value as you’re building a relationship with them. This belongs to you forever. That’s when you’re building a real business. So for example, when Russell Brunson had that contest promoting Expert Secrets where he had that entire contest, how I won that contest, which was filled with big time players, how did I do that? I ran ads on Facebook but most importantly I ran them to a page where I was capturing their email address.

How do you capture somebody’s name and email address? How do you make an compelling offer? By giving them value. So this could be free training, free template, free blueprint, free cheat sheet that reviews XYZ. Give them something so that they will gladly give you the name and email.

Now the worst way to capture somebody’s name and email is by saying, join my newsletter, right? That’s how markets used to do it like 15 years ago, which is obviously sounds like spam, totally boring, so it’s going to advert really, really bad. The average way of doing it is by saying, enter your name and email to get free access to this eBooks. Now eBooks will only get you average results. Why is that the case? Think about it this way. Does the thought of reading a 250-page eBooks excite you? Chances are it sounds dreadful. Horrible, makes my stomach turn. People don’t want to learn. Learning is a bad word in your line world. People want to get, people want to discover. How can you make it so that it sounds like they’re going to get something? Let’s make this practical now. So let’s say I go on Amazon, and I decide that I winna sell green powder.

A supplement. So number two, how do I get somebody to opt in? Remember, the end result is buying green powder, this supplement. So, I need to give people a compelling reason to give me their name and email address rather than saying eBooks, what if I could use these words? Template, checklist, cheat sheet, swipe file, action plan. Imagine this, okay? Average results will be, enter your name and email for everything you need to know on how to get six-pack abs. World-class, a much better way would be, enter your personal email to receive my personal grocery shopping list that I use to get six-pack abs because abs is made in the kitchen and not at the gym. Enter your name and email to receive this checklist. First of all, one thing happens, people now will be a lot more compelled to give me their name and email address because it feels like there’s nothing learned.

It feels like I don’t have to go to 350 pages of learning and reading in order to get the result. It feels like just by giving you my name and email, I would receive value straight away even if I decided not to read this checklist or utilize it immediately. So now it’s just maybe a one page talking about seven different superfoods and guess what? When they go to this next page, which is step three over here, this is when I could have a sales video or a sales letter or both and I could say, Hey, this is Peng Joon here and today I would like to share with you one supplement that I’m personally consuming every single day, that includes the seven superfoods that I just sent over to you. Are you somebody that struggles with eating right, especially if you have a busy lifestyle? So one thing that I personally use is superfood name that actually includes all these seven different superfoods and greens and vegetables. All of the things that I hate eating inside this supplement. And because I hate eating them, all I need to do is take a scoop every single day and I’m done. I mean all of my nutritional requirements, I build up my level of resistance and because of that I hardly fall sick and that’s how I actually lose weight. And now that’s true for you.

So then I’ll continue saying, look, the brand that I personally use is actually this, it has got all seven superfoods in it and if you are somebody who would like to eat right even when you’re on the go, all you need to do is click on the add to cart button below and you’ll be able to order it directly from Amazon. You’ll be able to get it directly from websitename.com. This is known as a bridge page. What happens then is because I’ve got their name and email address, a person that comes to this page right away, they might not buy instantly, but because I have this email and this lead now this is when I can do follow-ups and this is when I can continue sending them emails every other day talking about objections that they might have, answering their considerations, considerations about what?

Maybe about the price point, about the results, about the ingredients. On top of that, I would be able to also promote other products in future. This could be a future course on fitness or weight-loss. This could be other types of supplements, I could be promoting this person, new tropics, brain food, whatever it is. This person is a lead for life, as long as I continue giving them value, as long as I continue building a relationship with them, as long as I do not offend them.

Will everybody not be offended? No. There will be some dropouts as long as you’re treating them right. For me, my personal benchmark is that every single opt in that I get, every single email, if you treat them right at the very minimum, they should be worth at least a dollar every single month. So if you’re gonna generate $10,000 a month, build a list of 10,000 people. Real people, engaged. So that is basically step number three. Okay? So let me just quickly recap first. Step number one is, choose a product, a service, something that is an easy sell with minimal persuasion that your audience will love, that genuinely helps them.

Number two is you build up this opt-in page, which by the way, if you want to create opt-in pages really, really easily look in the description below, we’ll I recommend you this software as well as this template called ClickFunnels, where I’m literally gonna give you an affiliate bridge page in one click of a button. Just look out for that, affiliate bridge page. Number three is basically creating that bridge. On a sales letter or a sales video, recommending that product together with a follow up. Now I know my handwriting looks a little bit terrible, that’s probably, yeah.

Anyway, so how do you fuel and get more people in here? This is basically where you create content. This one, you could be running ads on Facebook and sending people in here. So if I’m selling green products, I’m now gonna create content or run ads to fuel this step in here. So this could be content on YouTube where my link that I get from Amazon, ClickBank or any of these sites, and it could be in the link of my YouTube description box.

This could be Facebook ads, this could be Instagram, Instagram ads, swipe-ups, but whatever it is, I can now take my message and put it across social media, Facebook, YouTube, Instagram. This could be in future when I have built a list, send emails out on other affiliate promos. But that is how you start promoting other people’s products and get multiple streams of income at the same time, building a real business from it. Because now you’re building a list and as you’re building this list you’re monetizing and as you’re monetizing, you’ll be able to use this budget and fuel and buy more ads from Facebook, YouTube, Instagram further, and use that money and again, promoting this thing and building a list and doing it over and over and over again. That is how you build a sustainable, long-term, affiliate product strategy by actually giving value to others.

Hey, let me know in the YouTube comment box below on what product can you promote that will actually help people, that adds value to them, that requires least amount of persuasion that they are going to buy anyway.

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