Can You Make Money Selling CBD Oil Online? Definitely!
It’s a simple fact of life that these days we can make money selling just about anything. The Internet is a wonderful place, as they say, and the opportunities are endless.
The trick to being successful with internet marketing is to find a product or service that is relatively new, and shows increasing popularity. That’s not to say you can’t be successful with established goods or services, but trending offers definitely present the better opportunities.
CBD Products fulfill these requirements perfectly. We can’t pick up a newspaper or turn on the TV these days without hearing something about this wonderful ‘new’ product. Medicinal Cannabis, however, is anything but new. (If you click the link above you’ll be taken to a page which explains many of the pharmaceutical benefits of this wonderful plant. It’s OK, the link will open a new tab and you can come back when you’re finished. I’ll wait for you here.)
I’ve also sourced an informative video for you below.
For this article though, let’s stick with the main topic; how to build your own online CBD oil business.
The good news is that you can build your own CBD business, and it may be a lot simpler than you might think. If you’re already an experienced internet marketer all you need to do is find a suitable (read reputable, established, and well-paying) supplier and set up an affiliate marketing agreement with them.
For those of you who are new to online marketing, read on and I’ll cover the ins and outs of affiliate marketing further on in this post.
The Legalities of Selling CBD
One thing you will need to consider if you choose to promote CBD products is the legal situation. Of course, you can avoid many of the legal implications with a carefully worded disclaimer on your website. It’s still good practice though, to keep abreast of the laws regarding CBD products in the areas you will be marketing to.
At the time of writing this article, the legal status of all cannabis products varies considerably depending on where you live or where your site visitors live.
In the US, for example, each state has its own version of cannabis legislation. CBD is available and is openly traded in some states, while in others it is available with a prescription. The strange thing is that on a Federal level CBD is still classified as an illegal substance.
Canada has recently legalised marijuana for recreational use, yet some CBD products remain on the ‘naughty list’.
Some Australian states allow CBD by prescription only, with the price through the few accredited pharmacies being exorbitantly high.
What’s the Best CBD Affiliate Program?
Finding the best affiliate program for CBD products will require a bit of research. A quick Google search for “CBD Affiliate Programs” will soon turn up several results. What you’ll need to do then, is evaluate each offer based on whatever are your personal paramaters.
I have another website where I myself promote CBD products, so feel free to check out my own recommendations on https://marijcanna.com.
The four companies mentioned in the above article are all reliable, reputable companies with good reviews and well managed affiliate programs. No doubt I’ll be adding to the list as I move forward.
I firmly believe that affiliate marketing is the best way to make money selling CBD oil. You don’t need to carry any stock or deal directly with customers on a day to day basis. All you need is a website (like this one) where you can publish articles (again, like this one) and insert your affiliate links so that when your visitors purchase any of your recommendations you will earn a commission.
OK, so it’s not quite that simple. That’s basically how it works though. If you’d like more details on Affiliate Marketing and how you can learn to become an AM expert yourself, just follow this link.
CBD products are certainly a growth niche for affiiate marketers and will continue to be so for the foreseeable future. Commission rates vary, but 20% to 30% is not uncommon. CBD Pure currently offer the best rates at 40% of the retail price while CBD BioCare commissions start lower and increase as your total sales volume grows. They even allow you to refer other sub-affiliates and receive 10% on their sales as well and they encourage you to use your affiliate link to buy your own product. As far as I know no other affiliate company allows this, let alone encourages it!
CBD BioCare is NOT an MLM scheme though. There are one or two out there who will ask you to pay a “membership fee” to allow you to promote and sell their products. Don’t fall for it! HempWorx is one such example.
Most CBD companies now have affiliate programs. Those that don’t now, probably will do so in the near future.
Getting visitors to your website can be a challenge. You’ll need to learn just what search terms people are entering into their browser when they try to find products. This is what we in the business call Keyword Research. Then you need to include these words or phrases into your copy as naturally as possible.
All this sounds complicated, and can be if you don’t know what you’re doing. Get this part wrong and you could have the best, most informative website in the world, that nobody ever visits!
The techniques involved are fairly easy to learn, however. You’ll need to find a suitable training resource where you can receive the necessary advice and assistance. One such program, and the one I recommend to anyone wanting to learn internet marketing, is This One.
With the proper training and guidance you’ll soon learn how to get your website in front of online shoppers looking to buy CBD oil online. Or any other product you choose to promote, for that matter.
Building a Website
Of course, you’ll need a website of your own. With the right training such as I recommend above you’ll quickly learn how to build you own website, find the right keywords and include them in the copy you write, and publish to the World Wide Web. All this in less than a day, and possibly in less that an hour!
Then, of course, comes the best bit. Making money. $$$$$$$$$$$$$$$$$
So how exactly do you Make Money Selling CBD oil with a website?
Once your website begins to get visitors, some of them will start to follow the links you included in your articles and visit the CBD suppliers’ website(s). If they decide to buy any of the products offered you will automatically receive commissions from your supplier.
You don’t have to worry about any inventory. You don’t have to worry about updating prices or product details. All you need to do is keep your website up to date and keep adding new content regularly . Every new article you write can be used to promote a different product or a new application of an existing product.
Your website becomes a permanent part of the World Wide Web, and should continue to generate income for years to come. Another thing to consider, is that once it starts earning money, your website becomes a tangible asset that you can sell as a going concern at any time you choose. As a rough guide, a website will usually sell for around 40 times its monthly earnings. So a website that earns a regular $500 per month (not an unrealistic target within a couple of years) could easily sell for around $200,000.
Are you ready to change your life?
Back in 2016 I knew next to nothing about the internet, and I knew absolutely nothing about affiliate marketing. Luckily, I found a top quality training program with a supportive and helpful community where I learned how to become a successful affiliate marketer.
Now I’m offering the same opportunity to you. Do you continue with things as they are? Or do you grab the chance to change your life forever?
It’s all up to you. After all, this is your future we’re talking about!