Affiliate Marketer

Business Idea: Become An Affiliate Marketer in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$55.3K
Avg Startup Costs
$11.7K
Score
74
Market Size
Avg Revenue
Min Revenue
$18K/month
Max Revenue
$83K/month
Avg Days To Build
150 days

An affiliate marketer business is a venture where you promote other companies' products or services and earn a commission for every sale made through your referral.

It's a low-cost business idea because you don't need to create or own the products yourself. Instead, you use your marketing skills to drive traffic and sales to the products of other businesses.

To start, you'll need to sign up for affiliate programs offered by companies in your chosen niche.

Once approved, you'll receive unique tracking links that help the company identify sales generated through your efforts, allowing you to earn a commission for each successful referral.

This business model requires minimal upfront investment, making it an accessible option for those looking to start a business on a budget.

Revenue & Profitability

How much do affiliate marketers make?

Startup Costs

How much does it cost to become an affiliate marketer?

  • It can cost as low as $100 to become an affiliate marketer.
  • It can cost as high as $500 to become an affiliate marketer.

Learn more about the costs of an affiliate marketer.

Examples Of Successful Affiliate Marketers

Successful affiliate marketer businesses and case studies

Michelle Schroeder-Gardner earns $100,000 a month from Making Sense of Cents, a personal finance and lifestyle blog where she writes informative and fun articles about financial freedom and her life on the road, thanks to a diversified traffic approach and monetization strategies, such as affiliate marketing, sponsored partnerships, and course sales.

$83K Monthly Revenue
$100 Startup Costs
Read by 20,066 founders

This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.

$80K Monthly Revenue
Read by 24,652 founders

See full list of successful affiliate marketers.