How To Engineer Your Own Paycheck With Affiliate Marketing

Years ago I was suckered into an Amway pitch...

But I did get one valuable takeaway that I still use today.

During their spiel, the couple who was trying to persuade me to join Amway explained it like this...

"Don't think of Amway as an expense. Because all you're really doing is simply redirecting a few dollars each month that you're spending anyway on household products and purchasing Amway products instead of some of the products that you buy at the supermarket."

So, I like to apply this same approach with affiliate marketing.

Most products and services pay you in money.

However, some reward you with credit toward their product.

So, if I'm subscribing to a service like this, I'll do my best to refer enough people on a regular basis to cancel out my subscription cost.

One example is a meal delivery service called HelloFresh.

I have to eat anyway and since HelloFresh has a refer program that rewards me in credits towards my subscription this means that if I consistently refer enough people I can cover that cost.

It's very similar to the network marketing model that preaches "get 3 and your product is free".

In this way you can cancel out popular services that you use everyday, basically making them free so you no longer have to think about those costs.

I apply this to pretty much every single online product and service I subscribe to.

I'll become an affiliate and put in at least enough effort to cancel out the cost of each of those subscriptions.

A couple of other sites and products I like to recommend that reward you with credit are...

MeUndies
Uber
Airbnb
Groupon
Instacart
Autonomous

Comments

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