Attention all retirees or about-to-retire individuals: Want to hear the best way to work from home, create a passive income stream, and keep your brain active at the same time?
How does working from home online sound to you? All you need is your computer and an internet connection. Pretty good, huh! It’s called “Affiliate Marketing”. The objective is to create a passive income stream while keeping your mind active, and a lot of retirees are doing it successfully.
What is Affiliate Marketing
Here is the definition of affiliate marketing, according to Investopedia
“Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company’s products and services. The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.
The Internet has increased the prominence of affiliate marketing. Amazon popularized the practice by creating an affiliate marketing program whereby websites and bloggers put links to the Amazon page for a reviewed or discussed product to receive advertising fees when a purchase is made. In this sense, affiliate marketing is essentially a pay for performance marketing program where the act of selling is outsourced across a vast network.
Fast Fact: According to Business Insider, 15% of e-commerce revenue can be attributed to affiliate marketing.”
If you want to explore this further, you might want to check out the Wealthy Affiliate program. Wealthy Affiliate trains you to become a successful affiliate marketer. The web is full of affiliate marketing opportunities, now more than ever, because 6 million people at any one time are searching for stuff all over the internet.
Read all about it on their website.
Conclusions:
Following my three-year search for true, time-tested ways to create a passive income stream, I have come to the conclusion that Affiliate Marketing is the way to accomplish this, and Wealthy Affiliate is the best training program for affiliate marketers (it teaches you how to be a successful Affiliate Marketer, and teaches you Search Engine Optimization (SEO) as well as WordPress website building). In other words, everything you need to know to make good money as an Affiliate Marketer.
Creative endeavors and learning stimulate the brain
In addition to providing me with a way to create a passive income stream, the fact of creating a continuous content-rich online blog keeps my brain stimulated.
Furthermore, any new learning is a new neural connection, and Wealthy Affiliate offers all kinds of new learning experiences related to internet marketing, social marketing, website building, SEO optimization, etc.
A winning combination, to say the least!
Learning the Wealthy Affiliate course has been a godsend. It has kept my brain active and has kept me occupied during this coronavirus pandemic.
Working stimulates the brain
Wealthy Affiliate is perfectly suited to the intellectual and emotional needs of the retired or about-to-retire person. The Wealthy Affiliate training is very comprehensive, and very stimulating, which is good for the brain. Working makes you feel like a contributing member of society. Plus the extra money from commissions is always welcome, especially for retired people on a fixed income. Emotional needs are satisfied thru the many opportunities to communicate with other Wealthy Affiliate members.
Click on the heading “Brain Games” (top of page) to view the latest blogs on this website. Enter the full or partial title of an earlier blog in the “Search” box to view the desired blog.
Thanks for a very informative blog. It contains a lot of good ideas that will be a great help to me.
Thanks for your comment, Ann Marie. I hope those good ideas will be of help to you. Please let us know if you follow through with them.