Latest Figures Show: This $17 Billion Industry Will Be The #1 Side Hustle In 2023

Thousands of ordinary people are turning to affiliate marketing to unlock a lucrative side income. But is it for everyone?

Business Ideas|
By Michael Wilson

With the recent huge rise in public interest regarding side hustles and home business opportunities, we were intrigued to hear about this example that’s actually based around a huge $17 billion industry!

The fact this business model has been under the radar for decades, peaked our interest. And when we learned it can be started with virtually no cost and with zero experience, yet it’s widely quoted as creating more internet millionaires than anything else, we knew we needed to investigate.

What we found was that people are making large incomes from this model in a variety of ways

Let’s start with examples from TikTok . . .

“This is the best side hustle to start in 2023.”

TikToker Dankorsby made a whopping $22,781.90 from affiliate marketing last month alone.

“I’ve quit my 9 to 5.”

TikToker Kristian Momiroski says “I make $2,000 before 11am with my no-effort side hustle after quitting my 9-to-5.”

“£800 a DAY from my phone”

Mel, a TikTok user, says “My pals think my side hustle is a joke but I make £800 a DAY & it’s all from my phone.”

“I made over $160 in one day & it takes no time.”

TikToker Chad Barlett says that he was a "self-made millionaire by 24" and he said he got there thanks to this business model.

“This side hustle is perfect for the lazy and broke.”

Cassie Schoonover a TikToker with almost 45k fans, says this side hustle is perfect for those who are ''broke and lazy''.

See bottom of page for website sources

Here are a few from Instagram . . .

“I work just 2 hours a day.”

Influencer Shannon Smith makes $8,600 per month in passive income using this model on her social media posts.

“I make at least $4,000 a month on Instagram.”

Jenna from Seattle makes $4000 a month, despite not having a huge following on Instagram.”

“12 months = $7 MILLION”

In the past 12 months alone Jason Stone has netted a whopping $7 million

See bottom of page for website sources

As a side note, 'major influencers' on Instagram with at least 100,000 followers, can earn in anything from £1,500 upwards each time they use this model.

For example, a celeb such as Love Island's Alex Bowen who has 828,000 followers, could be earning around £12,000 each time. Which is small in comparison to Geordie Shore's Charlotte Crosby

With her 5.2 million followers she could be making £75,000 a pop!

But don’t worry, you don’t have to be a superstar influencer to make BIG money from this. In fact you don’t even have to show your face if you prefer not to.

Many people are making small fortunes from this without ever having to show their face. You can stay completely anonymous!

Here are some website/blog influencers using this . . .

More than $1 MILLION

Gael Breton has already made more than a million dollars thanks to this business model

Income over $3 MILLION

Pat Flynn earned $7,008.55 in his first month with this business model and by 2014 his income crossed $3 million

$400 a month revenue

Matt Diggity estimates that this brings in a combined revenue of $400K/Month, and his current worth is around $3 million.

$1 MILLION a year

It’s estimated that Zac Johnson earns $1 million every year from this earning model

$2,700,00 including this model

Nate O'Brien has an estimated net worth of $2,700,000 with income streams which include this model.

See bottom of page for website sources

Forbes, Entrepreneur and CNBC all agree

Big brands such as Forbes, Entrepreneur and CNBC to name just a few, mention this as one of the top ways to create an online income in 2023 . These are HUGE names, which suggests this has to be a legitimate business model, unlike many other ‘sketchy’ online opportunities.

This has to be the most legitimate ‘hustle’ ever!

You may not be familiar with this yet, but you have certainly seen it in action. In fact, you’ve almost certainly bought something online via this, such is its popularity

It’s a well established business model used by the biggest brands including Amazon, Google, Ebay, Uber, Apple, Fiverr, Airbnb, CompareTheMarket.com, Walmart, Barnes & Noble, Virgin, The New York Times, Money, Bet365, Target, Match.com, Booking.com, MoneySupermarket, Barnes & Noble, Target, Lyft and Wix.

Just in case you are unfamiliar with the HUGE scale of this model, here are a few interesting facts:

In 2023, the industry is worth an estimated $17 Billion and Yahoo Finance report that it will grow to an estimated $36.9 billion by 2030
According to Demand Sage 16% of online orders in the United States come through affiliate marketing and the model is used by 83% of marketers to raise brand recognition
8 out of 10 brands run an affiliate marketing program (Rakuten’s Forrester Report)
Amazon has over 900,000 active affiliates within its network (Supermetrics)
Affiliate marketers earn an average of $51,000 each year, with 6% earning over $2 million a year (Influencer Marketing Hub)
TechCrunch found that some social media affiliate marketers can TechCrunch found that some social media affiliate marketers can

Why Is This Business Model So Appealing?

The main reason this has become one of the most popular ‘side hustles’ for 2023 is its low-cost simplicity. So many others have a steep learning curve and high cost of entry.

What other side hustle can boast these benefits:

No experience needed with low start-up costs and fast set-up: It’s extremely simple to get started, as it’s very easy to learn and you only need a few lost cost resources. You don’t need experience selling or working in specific niches, as you can base this around an interest or hobby.
You don’t need your own products or services to sell: And as you are promoting other businesses' products and services online with just a link, you don’t need stock, premises or capital and you never deal with customers, deliveries or returns.
Work with some of the largest, most popular brands in the world: You have the security of knowing you are working alongside huge household name brands, who know how to promote their products, making it easy for affiliates to make sales.
Flexibility and Freedom: As it’s your business and you work online, you can work where you want, when you want. There are no set hours or schedules.
Passive income: Once you’re set up your online assets are live and can make commissions at any time night or day without you needing to be present.

This Opportunity Is Called Affiliate Marketing

Before we go any further, don’t worry. Despite the strange official sounding title, ANYONE can get started with this and yes, of course we’re going to show you the very best way to make this work for you.

During our research into aff marketing we’ve come across some great courses. However the best one we’ve found so far is is a program called Rapid Business Blueprint from Growthsupermarket.

The high quality videos and complete step by step guides make it easy for even beginners to get started in just a few hours.

So read on and we’ll explain exactly how affiliate marketing works and how you can get started today using Rapid Business Blueprint.

“As long as you have a computer and an internet connection, affiliate marketing requires no money or experience to get started.”
Digistore24’s US VP of Sales, Meghan Damic

How it works

Online companies will pay 'affiliates' commission for sending visitors to their website, when any of those visitors buy something or complete an action set by the company
The amount of commission paid to affiliates varies from company to company, but is anywhere from 4% (Amazon) all the way up to 100% (Some businesses will pay you 100% of the first sale as a new customer is so valuable to them long term).
The company gets the sale or outcome they want with no upfront cost, the customer gets the product they wanted and the affiliate earns their commission.

Everybody wins.

Think about it. If this wasn’t a legitimate business principle, do you think the financial juggernauts we mentioned earlier would even bother with it?

These companies and 1000’s more like them have embraced affiliate marketing because they can extend their salesforce and increase their customer base and profits, without any upfront costs.

Makes perfect sense now, right?

How Much Can You Earn?

Affiliate Marketing really is a ‘the sky’s the limit’ business earnings wise. It has unlimited potential and yes, you can be the next person to write your own success story

There are affiliates who make a few $100’s a month, spending a few hours working on their business, others earn $100,000+, while others make $millions every year.

In fact, even though it’s so simple, there are more millionaires online who made their money from affiliate marketing, than any other tactic

How Can You Get Started?

As with most things online your best bet is to learn from the experts. But be careful as there are many so called experts selling other peoples courses without having any experience themselves.

Growth Supermarket however, was created by a group of highly experienced and successful digital marketers, to help other people succeed online

They have built countless businesses and created many courses over the last 15 years, so you don’t need experience as you can share theirs

Their best-selling affiliate program Rapid Business Blueprint is a detailed step-by-step guide complete with videos and guides to ensure you know exactly what to do and how to do it

Remember, you don’t need any previous experience to get started with affiliate marketing today.

SPECIAL OFFER:

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You can get started today and claim your discount by following the 3 simple steps below:

STEP 1

CLICK HERE: ACTIVATE 90% OFF DISCOUNT. Complete the small sign-up form and join Growth Supermarket for free

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Purchase Rapid Business Blueprint on your Exclusive Discount page for just $4.95. (Usually $49.95) Limited time only - Limited places - One-time-fee only - 60 day refund guarantee

STEP 3

Start Your Affiliate Business Today Just follow the step-by-step instructions inside the program. Remember this is suitable for complete beginners. No experience required

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WEBSITE SOURCES USED IN THIS ARTICLE

[1] https://www.forbes.com/sites/forbesbusinesscouncil/2023/06/15/ways-to-improve-your-affiliate-marketing-process/

[2] https://www.entrepreneur.com/growing-a-business/how-to-start-affiliate-marketing-with-no-money-in-2023/438293

[3] https://www.cnbc.com/amp/2023/02/02/4-gen-z-side-hustle-and-passive-income-ideas.html

[4] https://finance.yahoo.com/news/global-affiliate-marketing-platform-markets-231500216.html

[5] https://www.forbes.com/sites/forbesbusinesscouncil/2023/06/15/ways-to-improve-your-affiliate-marketing-process/

[6] https://www.entrepreneur.com/growing-a-business/how-to-start-affiliate-marketing-with-no-money-in-2023/438293

[7] https://www.cnbc.com/amp/2023/02/02/4-gen-z-side-hustle-and-passive-income-ideas.html

[8] https://finance.yahoo.com/news/global-affiliate-marketing-platform-markets-231500216.html

[9] https://www.the-sun.com/money/6700937/side-hustle-affiliate-marketing-clickbank/

[10] https://www.the-sun.com/money/6594732/no-effort-side-hustle-after-quitting-my-job/