The One Big Tip Podcast with Jeff Mendelson
Business:Entrepreneurship
Chris Myles is the owner and CEO of Myles Away Marketing - a media and consulting company where you can learn to make a lot of money online using Affiliate Marketing. He is also a Podcast Host, and YouTuber of BenjisDad speaking about just being a dad that wants to spend more time with his family and did so by being a blogger at Blogger Evolution. Teaching others the 3 Secrets to creating a dependable online income, building your own consistent business online, and making money while you sleep. He publishes videos on his YouTube channel that focuses on Blogging and Affiliate Marketing, gives insanely actionable techniques, and conveys experiences that he has picked up from his failures and successes.
Struggling to make ends meet with their jobs, Chris and his wife found out they were expecting their first son. Despite the financial challenge, his wife expressed a desire to stay at home with the baby full-time. Chris was determined to make it happen and turned to online research, discovering blogging and affiliate marketing. Within 18 months, he was able to have his wife quit her job and eventually quit his own two years later. They have been running their business full-time for around five years now and are enjoying the experience.
Chris has experienced the challenge of building a successful online brand from scratch. He encountered outdated advice on YouTube but learned from his failures and hired a mentor to guide him. He advises that while trial and error can work eventually, investing in a mentor can greatly reduce the learning curve and time spent on mistakes. With an experienced mentor's guidance, bloggers and marketers can achieve success faster and more efficiently.
Affiliate marketing is a way to partner with other companies and promote their products to earn a commission on any resulting sales. Chris emphasizes that affiliate marketing is a win-win situation for the manufacturer, the customer, and the affiliate marketer. However, he also warns about the importance of ethics and promoting only products the marketer has personally used and knows to be effective. Chris starts his blogs on niches and topics that he enjoys and uses Google SEO to attract relevant people to his content and promote the services to them, ultimately earning a commission from those sales.
Chris suggests going beyond Amazon's affiliate program to make more money through blogging. While Amazon's program is trustworthy, it pays small commissions. He recommends joining a bigger affiliate program that pays a decent amount and recurring revenue. For instance, he promoted a training program that paid him a 30-40% commission and brought in a few thousand dollars monthly for years. By promoting products and services he used and trusted, Chris could make consistent income and justify quitting his job. The key is to find an affiliate program that matches your niche, promotes quality products, and pays well.
Turning traffic sources into traffic that you own in order to promote your brand effectively is imperative. Whether creating content on a blog, YouTube, or podcast, sending people to an email list enables you to promote to them continuously. By doing so, you insulate your business in case outside forces cause unexpected changes, such as algorithm updates or changes in policies. Chris sees each traffic source as an opportunity to bring interested people into his world, and he encourages his viewers and readers to join his email list regularly.
Chris believes that while social media channels like YouTube and podcasts are great for promoting your brand, it is essential to have your own website or blog to insulate your business against external forces. By doing so, you can capture people's contact information, like email addresses or phone numbers, to continue to promote to them over time. This way, even if your social media channels disappear due to an algorithm update or other reasons, you still have a list of contacts that belong to you. Chris recommends first starting with a blog, building a lead magnet, and collecting emails before expanding to other traffic sources.
In this episode:
[2:00] Building a business through blogging and affiliate marketing provides a fulfilling and
sustainable source of income.
[4:00] Branding online and getting your content to real humans is hard and overwhelming.
[6:00] Choosing mentors carefully is important in order to avoid negative experiences.
[8:00] Ethical considerations are important in affiliate marketing.
marketers earn a commission.
[10:00] Using referral links incentivize support and leads to a profitable side hustle/business.
[12:00] Earning 30-40% commission on recurring service customers need month after month,
results in a few thousand dollars per month for a few years.
E369 - Embracing AI: Revolutionizing Digital Marketing Agencies with Karen Hite
E368 - The Power of Storytelling: How to Earn Media and Build Trust in the Business World with Yasmeen Hassan
E367 - The Power of Teaching: Building a Real Estate Empire with Dani Beit-Or
E366 - The Power of Laser-Focused Goals: Lessons from a Celebrity Concierge with Tarra Stubbins
E365 - The Rise of Gaming: A Lucrative Market and Untapped Opportunities with Jamin Warren
E364 - Mastering Productivity: 5 Actionable Strategies for Success with Miriam Ortiz y Pino
E363 - Expert Career Optimization Coach Empowers Ambitious Women for Financial Success and Work-Life Balance with Christelle Pillot
E362 - Insights from an award-winning brand consultant on building a strong marketing strategy with Megan Prejzner
E361 - Strategies, frameworks, and hiring tips for Entrepreneurs to master business growth with Gary Garth
E360 - Thrive by living authentically, and overcoming imposter syndrome to reach your full potential | with Self Worth Sam
E359 - The importance of aspirational culture for employee engagement and organizational success | with Kevin Eikenberry
E358 - Insights from a highly respected attorney on niche specialization, tech adoption, and coaching | with Luis Scott
E357 - Strategic Support for Achieving Goals and Overcoming Self-Limiting Beliefs by Leading with Passion | with Alessandra Wall
E356 - A passionate marketing professional who leads business owners to success with empathy and experience | with Tyler Pigott
E355 - Crafting effective email marketing strategies for small businesses: Best practices from an expert | with Scott Hartley
E353 - The importance of building trust and creating fans instead of customers for your product | with Matthew Bertulli
E352 - Valuable lessons from Athlete to Entrepreneur and a journey of growth and discipline | with Louis Skupien
E351 - Get over it! Embracing the discomfort of change, insights from a keynote speaker | with Anne Bonney
E350 - Reviving dead email lists: The power of personalization and quality over quantity in email marketing | with Troy Ericson
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Tim Ferriss Show