HOW TO MAKE N50K IN ONE DAY

By
Favour Victory
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120
6495
How to make 50k a day

I bet you are looking for a way to make at least N50K in one day. For most people, making sustainable income is a daunting task, especially in a tight economy like Nigeria. However, many people have been able to design a system called a ‘passive income system’ that allows them to make money even while they sleep.

Most wealthy and successful people also have multiple sources of income that bring money into their pockets on a regular basis, and that is why you see them having more money than regular people.

In this article, we will be looking at one effective, practical, and lucrative skill that can help you make N50k in one day in addition to your existing source(s) of income.

This one skill or passive income is Affiliate Marketing; a sure way to make N50k on a daily basis.

Affiliate marketing is a BUSINESS MODEL with huge financial opportunities for marketers because it allows PASSIVE INCOME.

The term ‘passive income’ essentially refers to any stream of income that does not require your constant attention and care.

For example, if you are to sell a mobile app, you wouldn’t need to hawk it along the streets to find buyers. Rather, you’ll release it to the app store and let the sales roll in.

This will allow you to go on a long vacation or take on other things that matter most to you, and you will still be earning constantly from that product you put up for sale.

However, as an Affiliate Marketer, your job is to help a vendor (owner of a product) to target and reach an ideal audience, which can lead to conversions (sales). And after a sale is made you get as much as 90% commission off every single sale you make.

If a product is sold for NGN40k and the commission is 50%. As an affiliate marketer, you can sell that single product to as many customers as you can reach. And if you are able to sell at least 3 of those products each day to people, you will be making as much as N60k in a day.

It is that simple and effective.

Affiliate marketing, really is a system that anyone can use to start making passive income online, especially when you have a target to N50k in a day. In fact, it is fool-proof, and it requires no technical skill.

The only reason most people are not doing this is that they either don’t know about it, or they don’t believe how powerful and effective it is.

Let’s put it simply: if you invest just a couple of hours each evening into affiliate marketing, then you will start earning enough money to sustain yourself and your family.

And the best part is, that you don’t even need to create a product yourself.

You’ll simply take an existing product and market or promote it to start making money for yourself.

Many affiliate marketers dream to earn constant cash even while they sleep, which is possible.

Contents

Suggested: How to get a tech job without coding in 2022

How To Become an Affiliate Marketer?

Becoming an affiliate marketer is quite easy. To get started, you need to know your niche (area of interest). This will help you to communicate the products you’re promoting to your ideal audience effectively without much difficulty.

Then choose an affiliate marketing program of your choice and register with them. Expertnaire or Learnoflix are great for Nigerians. The programs will allow you to have access to all the products they have on their platform so that you can promote/sell as much as you want.

Another important thing you must do to make your affiliate marketing journey easy and less frustrating is to get a good course and a good mentor to help you throughout your early stage. With this, you will understand the dynamics and results-driven strategies to be successful in affiliate marketing.

Suggested: 9 Lucrative Side-Hustles to Consider Learning in 2022.

Here Are a Few Reasons Why You Should Become an Affiliate Marketer

Passive Income:

While other “regular” jobs require you to be at work to make money, affiliate marketing offers you the ability to make money even while you are asleep.

All you need do is to invest some time and set up a good conversion campaign, and you will begin to see continuous returns from that time as consumers will purchase the product over the following days and weeks.

Work From Home:

If you are someone who hates going to the office, or you don’t have a job yet, affiliate marketing is the perfect solution to help you make at least N50k in one day. All you need is to put in the required work.

You can promote products and make money from the products that sellers create while working from the comfort of your home. This is a job you can do even while you’re in your pyjamas. 

Cost-effective:

Most businesses require start-up fees and a cash flow to finance the products being sold.

However, affiliate marketing can be done at a low cost, which means you can get started quickly and without much hassle.

Convenient and Flexible:

Affiliate Marketing will help you get ultimate independence in setting your own goals, redirecting your path when you feel so inclined, choosing the products that interest you, and even determining your own hours.

This convenience means you can diversify your portfolio or focus solely on simple campaigns. You will also be free from company restrictions and regulations and ill-performing teams.

Performance-Based Rewards:

You could work 80-hour per week and still earn the same salary with other jobs. Affiliate marketing is purely based on your performance. You will get from it what you put into it. Perfecting your reviewing skills and writing engaging campaigns will translate to direct improvements in your revenue.

Conclusion:

Though there are many ways that one might make money, affiliate marketing is one sure way of making N50k in one day.

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