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5 Ways I Became a Millionaire Through Affiliate Marketing


ridvan_celik / Getty Images/iStockphoto
ridvan_celik / Getty Images/iStockphoto

Affiliate marketing has been “a thing” for nearly three decades (centuries, actually, if you include referral marketing, which, at root, is what affiliate marketing is). But it didn’t really start picking up steam until the internet did. Amazon Affiliates is the most popular affiliate marketing program — around 2.3% of all websites that use advertising networks are members.

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But what exactly is affiliate marketing? Tomi Huttunen, the owner and chief finance writer for OCS, explained.

“The best way to explain affiliate websites to people who don’t know about them would be that you set up a website where you share content about products or services you’re passionate about or knowledgeable about,” Huttunen said. “The goal from that is to attract visitors who would be interested in those products and encourage them to click on your affiliate links.”

He provided an example: “If your website is based all around fitness, you might write blog posts like ‘Top 10 Travel Gadgets for Runners’ or ‘How to Build a Home Gym on a Budget,’ the way you then make money from this is by including affiliate links within your articles, directing readers to purchase those products. When they do, you earn a commission. It’s a great way to turn expertise or hobbies into extra income.”

Affiliate marketing has certainly worked out well for Huttunen. He started out a decade ago and has since amassed over seven figures across his portfolio of websites. How did he get here? What can others looking to become millionaires learn from his journey?

Before getting started with affiliate marketing, Huttunen homed in on a niche.

“My main niche when starting out was the affiliate gambling space,” Huttunen said, adding that he’s since expanded into other topics — a choice driven by recent Google updates that put pressure on him to diversify his portfolio. Currently, he’s building up websites in the sports space.

Working with a niche is key to being successful in affiliate marketing. But don’t be intimidated. It’s not difficult to pick one. Go where your personal interests take you.

“I’d say the best way to pick a niche is to find something that you’re interested in and have a passion for because in the early stages you are going to have to be the one to write about the topic of the website so if you don’t have an interest in the niche it’s going to become something you hate doing (I’ve fallen into this trap),’ Huttunen said. “A niche might seem lucrative from the outside but when you need to put the time into writing the content I’ve found that if you’re providing good quality content then the money will come.”

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