If you truly want to start an affiliate marketing business, it’s critical that you factor
cash flow into your plan. If you have a good handle on your cash flow, you’re
much more likely to be successful with your business efforts. And that is why a
common suggestion is to keep your day job while your business is getting started.
You don’t technically have to keep your day job though if you have another
source of cash flow to keep you going while the business is getting started.
Creating an affiliate marketing business plan is not difficult, but it is a step most
people skip, and it can be a step which makes success come that much easier and
faster for you.
An affiliate marketing business plan does not have to be large or complicated. You
don’t need an official corporate style business plan. You simply need a written list
of steps to follow and goals or benchmarks to achieve. You also need an exit
Here is a simple beginners sample that you may find useful:
Different business and marketing strategies will require different timelines and
This is also where cash flow comes into play. You need to create a cash flow
timeline that corresponds with your business or marketing strategy timeline.
Using the same authority site example above, if you estimate that it will take you
one full week to complete your website design, domain name registration, and
miscellaneous other set up steps, then it’s unrealistic to think you may have
commission earnings in the bank by the end of that first week.
You do have to take into consideration what you’ve put into the business though.
Just because you feel like you’ve tried for six months straight, it doesn’t mean you
actually have. If you write five articles your first day, or start one advertisement
and then do nothing for the next six months, you have not followed your plan and
you have not actually tried to make your business successful.
The key to finding success with affiliate programs is to build a content-rich website with useful information centered around a specific topic or theme.
Don’t just haphazardly throw up a quick site or blog and string a bunch of affiliate links all over your pages. You have to start by building credibility. And the best way to do that is to write about something you know a lot about.