“Affiliate marketing is an excellent opportunity if you truly believe in the value of the product you are selling. Because many times, you can make money off of something you would probably recommend anyway” – Neil Patel, Online Marketing Guru and creator of Answer the Public and Ubersuggest

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Increase Revenue by Layering Affiliate Marketing On Top of What You Are Already Doing!

If you are a vacation rental owner there are only 3 ways to increase your revenue for a property.

1. Increase your price per stay: This will immediately increase your revenue but it could also lower your bookings due to the higher prices. It is always good to periodically evaluate and adjust your pricing structure but consider the impact on your occupancy rate.

2. Lower your costs: You can increase your revenue by lowering costs. This might mean finding ways to refinance the property or finding a new cleaning service. This is great if you can maintain your level of service to your guests but it is likely not going to get you a ton of savings. The housing market will dictate whether refinancing will save you money as well.

3. Increase your lifetime value per guest: Anytime you can increase the value per guest and/or keep them coming back, you increase revenue. With affiliate marketing, you can do just that. You can keep your pricing the same but earn commissions on products or services your guests might purchase while they stay.

Let me explain.

The Beauty of Affiliate Marketing

Affiliate marketing is where you sign up as an affiliate for say Amazon and you share products via special links that you use or recommend. If someone clicks on that link and purchases the item (or anything within 24 hours) you get a commission on that item. For Amazon it can range from 1-20% depending on the category of the item. As an example, we liked a rug that we saw at one of our vacation rental stays. The rug was perfect for our living room. We got to touch it, see the colors, and we wanted to order it. Let's say it was $100. The vacation rental owner could get 4% on that purchase or $4.00 if we ordered it through their link. In addition, they would get anything else we order off of Amazon during that 24 hour period. That could add up quickly. Four dollars may not sound like much but if you could get $10-$40 per stay, that is added revenue with no capital outlay on your part. Many affiliate programs will payout more depending on the products.

How to Get Started

The only investment needed to get started with affiliate marketing is your time. That is a valuable investment but given the opportunity, it could really pay off. And you are not limited to just Amazon. Many, many brands and stores have affiliate programs. You can even partner with your local shops and service providers and arrange some affiliate relationships. They refer you, you refer to them and everybody wins.

Boost Your Vacation Rental Revenue Through Affiliate Marketing Course

We have created a course on how short term rental owners can get started with affiliate marketing today! Click the image below and get started. The course will only take you a couple hours and it comes with an E-Book and Workbook to guide your steps. Start earning additional income, today! Use the code AFF20 to get 20% off the cost of the course bundle. Click the image to get started!

What's the Downside?

The only possible downside to affiliate marketing is that it takes time and attention to be good at affiliate marketing. The good news is that once you set it up, it will only take a few hours a month to maintain it and keep it fresh. The course will tell you ways to gain a following and discover your primary audience. It may also help you tune up your listings and guest experience for your short term rentals. See what a recent course participant said about the Boost Your Vacation Rental Revenue Course.

"Janet's course and her forward thinking ideas are a game changer for me as a long time AirBnB, SuperHost. This new and innovative concept of "Affiliate Marketing" seems like a no-brainer in our world of immediate satisfaction. I look forward to implementing Janet's suggestions and creating yet another income stream in my life. Thank You Janet for creating this!" - Jennifer M., Cincinnati, Ohio

Don't Wait!

So what are you waiting for? Start layering affiliate revenue on top of your vacation rental income today. Even if you don't have a vacation rental property, I think you will learn a ton from this course and can apply it to any service industry. Check out the course and set up your affiliate programs.

Your Time to Take Charge

The message is clear: it's time to seize control of your earning potential and future. Start exploring side hustles or supplemental income avenues today. Don't wait another day!

Future Ready Consulting is here, equipped to support aspiring entrepreneurs on their journey towards financial independence and success. Click to schedule a free consultation.

Try a 15 day free trial of THE best software to run your small business or side hustle. We use, recommend and support HighLevel software. We are not employed by or part of the HighLevel organization. Become one of our affiliates and we will personally help you set up your site for free.

Start your own side hustle checklist:

Here is a quick checklist to get you started with your alternate income opportunity today!

• Think about the niche you would be good in: Passion meets talent meets market need.

• What do you want to sell? Service? Digital product: eBook, templates, courses? Affiliate marketing?

• Research the skills you may need to learn to do what you want to do: marketing, sales, design.

• Choose a name and register as an LLC and within your state.

• Establish a bank account for the business.

• Create a place to do business: website, blog, social media.

• Create your product.

• Invite family and friends to get reviews and feedback.

• Do a full launch. Make iterative improvements.

• Save your revenue or reinvest and watch it grow!