Part 1 - What is blogging and affiliate marketing?
In short this business revolves around
1. Setting up a blog that attracts traffic
2. Adding "affiliate” links to your content that, when clicked and lead to a purchase, pay you a % of the purchase.
For example if I add an Amazon link to some £120 Birkenstock sandals into one of my blog articles and someone clicks the link, goes to Amazon and purchases I will get 10% or £12 from Amazon.
If I can send 100 people to purchase via that link I will generate £1200.
💡
The key with affiliate marketing is volume, which comes from ranking well on Google which, in turn, depends on having lots of good content on my blog.
Blog articles are the engine that drives affiliate marketing: news, reviews, features, comparisons, in depth breakdowns of products in my affiliate category.
Why should I care?
Blogging and affiliate marketing is BIG business
According to Statista, affiliate marketing spending in the U.S alone was set to hit $8.2 billion by 2022. Furthermore, a report by Hosting Tribunal reveals that bloggers who earn over $50,000 per year spend an average of 3-10 hours writing a blog post, while 63.2% of those earning over $2000/month invest less than 3 hours.
You're probably thinking: "That sounds amazing, but how do I keep up with the constant demand for fresh content?" A blog needs to be fed with LOTS of new, fresh, quality content for Google to take notice.
Enter ChatGPT.
With ChatGPT, you can create quality content faster and more efficiently, allowing you to stay ahead of the curve, and offering you a competitive edge in today's fast-paced digital environment.
ChatGPT means that affiliate marketing is at an inflection point where business owners who use AI can outstrip business owners who do not.
And I’m not just talking about blog writing - ChatGPT can be used at all points in the set up and operation of an affiliate marketing focused blog.
And that’s just what we’re going to show you this week!