Money Maven Newsletter Vol. 2
Greetings fellow readers, welcome to the Second edition of the free money maven newsletter!
Each week we will cover creative ways people are making, investing, and saving money!
The Money Maven Newsletter provides an honest account of people making money online using various business methods. It provides an alternative to the hype and BS of YouTube University, which often leaves readers feeling overwhelmed and discouraged. This newsletter aims to offer a clear and honest account of how people are making money and starting profitable side hustles, avoiding the need to spend time on courses promising riches.
Affiliate Marketing
You have likely seen many social media videos discussing affiliate marketing and its potential for life-changing income. However, it's important to understand its basics.
In short, affiliate marketing involves promoting another company's product and earning a commission. Applicants receive a specific link, promoting the product, and when someone buys using your link the company pays you a commission.
Get started in 4 easy steps:
Step 1: Choose Your Niche
The most crucial step in the process is determining which products to promote.
Here are some examples of the most popular niches:
Health and Fitness
Wealth
Relationships
Pets
Step 2: Choose Your Affiliate Partners
This is where you will pick the products within your niche to promote.
To effectively promote products, it's crucial to consider your target audience's problems or needs and find a product that meets their requirements.
Things to keep in mind when choosing a partner:
Pick a company that has both high-ticket and low-ticket items (high cost and low cost).
Look for companies that pay a commission of 30% or higher.
Step 3: Apply to Be an Affiliate
Google the company you want to work with (ex: Amazon Affiliate Program); it should bring you directly to the link to apply.
In most cases, your application will be accepted immediately, and they will provide you with your affiliate link right away.
Step 4: Drive Traffic to Your Link
There are a number of ways to do this. The most popular is, to create content on popular social media platforms such as TikTok, Instagram, Facebook, Pinterest, and YouTube.
As you can see, this business model is ideal for beginners looking to make money online without breaking the bank. That said, you can really accelerate your earning potential with the right coach and community behind you.
Which brings me to one of my favorite online companies:
Legendary Marketers 15-Day Business Builder Challenge
Legendary Marketer is an online university and business training program designed to equip aspiring entrepreneurs with the necessary skills for success in the online business world.
This program offers students advanced strategies, top-notch resources, and personalized coaching to transform them into expert online marketers.
Whether you are a beginner or an experienced marketer, this platform offers comprehensive courses, ensuring success in the online world.
There are a huge variety of courses and digital products available from Legendary Marketer, but my personal favorite is the 15-Day Business Builder Challenge.
For just $7.00, the 15-Day Business Builder Challenge gives participants a step-by-step guide to building an online business.
Lessons are broken down over 15 days by experienced marketers with exercises that help you practice the concepts. At the end of the challenge, you will have a clear roadmap for how to create your own online business.
You will be given access to a private Facebook group where you can connect with other entrepreneurs. Along with this, check out the Wake Up Legendary Podcast for first-hand accounts from people using these products.
Click the button below to get started!
Avoid Getting Scammed Online
I bet many of you have seen social media videos claiming that downloading an app can earn them money by watching YouTube videos or listening to songs. For a small fee, of course. These videos can be very deceptive, making it seem like you’re paying for access to a secret application that deposits money into your bank account, which is definitely not the case.
When taking a closer look at this, I’ve noticed you are paying for many of these “applications” through Hotmart. To the untrained eye, this would not be cause for concern.
Having fallen victim to this in the past, I know that Hotmart is a platform that allows users to create and sell digital products such as eBooks, videos, and courses.
When I purchased my “money printing machine”, it claimed to pay me for every YouTube video I watched. All I got was a file in the Hotmart app containing YouTube videos that show how people are making money online. So basically, I paid $30.00 for videos that are online for free.
This goes to show that if you know what to look out for, you can save a lot of money. Make sure to always do your research before breaking out the credit card!
If affiliate marketing is not your cup of tea, then check out another way I like to make easy money online!