Got a specific business question? Ask here!Scaling Your Business with Affiliate Marketing and Paid SponsorshipsIn this episode of the Quality of Life podcast, host Erin Olson dives into paid word-of-mouth advertising methods. Erin highlights her experiences with affiliate marketing and sponsorships from her businesses, Rebel Footworks and Hay Chix. She provides detailed insights on how to implement affiliate marketing, differentiate it from network marketing, and leverage sponsorships effectively. Erin emphasizes the importance of adjusting pricing structures, ensuring alignment of values with sponsored individuals, and utilizing tools like Shopify apps for managing affiliates. Listeners are encouraged to explore affiliate programs and sponsorships to grow their businesses exponentially.00:00 Introduction to the Quality of Life Podcast00:20 Transforming Word of Mouth into Paid Advertising03:06 Affiliate Marketing: A Beginner's Guide04:22 The History and Evolution of Affiliate Marketing05:49 Leveraging Influencer Marketing06:43 Implementing Affiliate Programs with Shopify07:44 Maximizing Affiliate Marketing Strategies09:58 Exploring Sponsorship Opportunities11:37 Lessons Learned from Sponsorships14:50 The Patch Program: A Unique Sponsorship Strategy17:04 Finding and Managing Affiliates19:23 Conclusion and Final ThoughtsThanks for listening! I'm glad you're here. Be sure to subscribe to the podcast, and share it with someone who could benefit from what you heard. Also, head over to https://theerinolson.com/links and sign up for the email list, and you can get all the downloadable PDFs and tools! News: We finally have a YouTube channel! Visit us HERE: https://youtube.com/@theerinolsonSee ya next week!Erin

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