Low Cost Side Hustle

One of the best low cost side hustles that you can start with a budget of only $0 – $200 is affiliate marketing. You can start this side hustle from anywhere in the world.

The bear minimum you need to get started are an internet connection and the ability to post content online in the form of articles or videos.

If you don’t have money to spend on your affiliate marketing side hustle, I would advise you to create a YouTube channel and start posting videos and including affiliate links in the description of the videos.

Before starting the journey on your affiliate marketing side hustle, there are a number of things to consider and establish. These will directly impact the level of success you are able to create.

The first thing to consider is your niche area. This is a highly targeted group of people you will be creating content for and recommending products and services to as an affiliate.

You need to find a niche where there are a large number of people search for information related to the specific niche. There should also be many buyer of products and services related to your chosen niche.

Let’s say for example you have chosen “Badminton” as your niche…

If we do a search for Badminton on Google we get 1,720,000,000 results. This shows that there are a large number of people interested in this niche.

It is going to be really difficult to rank for the keyword “Badminton“, so I would recommend that you look at longer keywords and key phrases like “Badminton Racket“, “Badminton Rules“, “Badminton History“….

Create Your Own YouTube Channel

If you are taking the YouTube route to affiliate marketing, I would suggest you create videos on “How To Play Badminton“, “Badminton For Beginners“, “Advanced Badminton Techniques“, “Winning Badminton Strategies“, “How To Improve Your Badminton Serve“…

You can also stitch together badminton rallies and matches from videos with creative commons rights. These are videos that can be used to create other videos of interest.

Some videos suggestions are “Top 10 Badminton Trick Shots“, “Top 10 Badminton Rallies“, “Top 10 Badminton Players“….

If you are a skilled badminton player, you can create videos on badminton footwork, badminton serve, workout for badminton

Once you have decided on your niche, create and upload a few videos to your YouTube channel. You also need to make sure the YouTube channel header and logo look good. You are establishing a brand and need to look professional.

Place keywords and key phrases in the description of your channel within relevant structured sentences and paragraphs to let people know what your channel is about and also for SEO purposes.

Make your video thumb nails interesting and eye catching and still relevant to the content of the video. You don’t want to mislead people into clicking through to your videos. You want people who are genuinely interested in your niche to watch your videos.

Once you have your YouTube channel live with some videos, you will need to join affiliate programs to find products and services to promote to people within your niche.

If we take our example of the badminton niche, there are many badminton rackets and equipment on the Amazon website. You can recommend these as an affiliate and earn commissions on sales generated via your link.

You can also find many more affiliate programs by searching “badminton equipment affiliate programs” on Google. When you are applying for any of the affiliate programs that are listed, you can let them know that you have a YouTube channel dedicated to badminton. This will boost your chances of getting accepted as an affiliate.

After you have been accepted as an affiliate for some of the badminton equipment suppliers, you can place links to the products and services in the description of the videos that you create for your YouTube channel. Make sure you use relevant keywords and key phrases in your video description to help in search ranking on YouTube and Google.

Once your videos start getting a large number of views from people within the badminton niche, some of them will click the links in your video description. You can also let viewers of your videos know that you have links to various badminton equipment in the description of your videos. Make sure that you let them know that you are promoting them as an affiliate and you will earn commissions if they purchase the products.

Some of the visitors that click thought to the products via your affiliate links may purchase them. Every sale will earn you a commission. Let’s say that the average price for the products you are recommending is $50 and you earn a 5% commission. Every sale will earn you a commission of $2.50

This may not look like much money on it’s own, but it can add up to a significant commission pay out. If your video managed to generate 20 sales daily, you will earn on average 20 x $2.50 = $50 daily

In a month you could earn 30 x $50 = $1,500

As you continue adding more relevant videos, your commission earnings will start to increase and turn into a lucrative stream of online passive income. This is one of the best low cost side hustles to start.

Create Your Own Blog

You can easily start your own niche blog and earn commissions as an affiliate by recommending products and services relevant to your niche.

After doing your niche research, like mentioned in the YouTube channel section. You will be ready to set up your own blog.

I would recommend that you start a self-hosted WordPress blog, as this looks professional and you get to own your content. On a self-hosted WordPress blog, you can have your own unique domain name. You also get to customize to your own requirement using themes and plugins.

All you need is a domain name and web hosting that supports WordPress. Once you have set up your own self-hosted WordPress blog, you can start posting articles.

I would suggest that you publish a minimum of 10 articles relevant to your chosen niche. Make these articles over 1,000 words each and provide information that is useful to the people in your niche. Your posts should target keywords and key phrases within your chosen niche.

Once your blog is live with a minimum of 10 posts, you can apply to affiliate programs for various products and services specific to your chosen niche.

Start off by recommending products from Amazon as an affiliate and later on add products and services from the other affiliate programs you have joined.

Continue posting relevant articles to build up traffic to your blog, continue recommending products and services in the posts using your affiliate link.

It may take 6 to 12 months to get your blog established within your niche area. Once your blog starts to attract a significant number of visitors from organic traffic from searches on Google, you will get people clicking on your affiliate links.

As the number of visitors to your blog increases, the number of clicks on your links will also start to increase. The sales generated via your affiliate links will also start to increase.

It will take a lot of effort to get your blog ranked for keywords and key phrases in the early stage. Once you have created a steady flow of visitors top your blog it will become easier to rank your posts.

The initial 6 to 12 months will require a lot of hard work. It is well worth the effort to create this online stream of passive income. Once your blog is established you will be in a position to outsource the writing of articles to freelancers or you can employ someone to do it on a regular basis.

This low cost side hustle and earn you a substantial monthly passive income. You will need to put in the time and effort to build up traffic to your blog to earn affiliate commissions from links promoted in the posts.

Spread the love

Leave a Reply

Your email address will not be published.