It’s no secret that CBD products are at an all time high. There are more states now open to the idea of having CBD for sale; and big celebrities are also getting behind these products. So, you may be wondering how you can earn money with CBD. It’s a lot easier than you think; we’ll be exploring some options that are available for anyone who wants to earn money with CBD.
This one is a little more tricky but it’s the best way to earn a high income with CBD. Purchasing CBD at wholesale means you get a discount price for buying large quantities. The benefit is that you’re able to sell CBD products at a retail cost. Although you don’t need to have a storefront it does help. There are several benefits to having a storefront, but you’re able to sell CBD online in certain states.
Retail CBD Storefront
One of the advantages of owning a CBD storefront is that you’re able to supply customers directly. Online shopping can take a couple of days for the product to arrive, but you can have it readily available. Also, people who shop online tend to look for stuff that they are familiar with. When a person enters a store they are able to look around and ask questions. You don’t need to be an expert or be a botanist to explain what CBD is. There are plenty of CBD blogs and FAQ’s that can help you inform your potential customers. The major advantage is that a person can discover a new product in your store that they’ve never tried before.
One of the major disadvantages of opening up a storefront is that capital needed to open one up. You are able to apply for a bank loan, use your savings, or get investors. However, this can be a little difficult to do because of the risk involved. This is why many shops don’t just stick to selling CBD, but also include Kratom, Delta 8 THC, or Vape. It’s not that a shop can’t survive just selling CBD; storefront owners tend to want to appeal to different demographics to increase sales and profits. So, investing in several products to sell is always a good option. If you don’t want to have an actual storefront you can opt out for an online shop.
Online CBD Store
If you don’t have the capital to invest into a storefront another option is to open up an online CBD store. You are able to expand your reach to people all over the United States instead of just your local community. You will need to have space to store all of your products and you will need a shipping system. However, software makes this a lot easier and the shipping cost can be passed on to the consumer. It’s best to keep prices as low as possible in order to compete against other CBD companies.
Although you won’t have the same costs as a CBD storefront there will be some cost involved. This includes money for a website and advertising cost. We recommend going with a platform like Shopify or Wordpress to build a website. They are very user-friendly and minimal cost versus hiring someone to create a website for you. Also, most CBD companies have what’s called a “Marketing Kit”. These are pictures and ads for that brand's CBD products that you are able to use on your website.
Start Selling CBD
In order to get started selling CBD you will want to look up your local ordinance on CBD. Certain states don’t allow the sale of CBD or some might require licensing. It’s best to find out if zoning allows you to sell locally or if you will need to sell strictly online. If you’re interested in purchasing CBD at wholesale you will want to visit our site and click on the Wholesale tab. This will redirect you to an application form that you will need to fill out. You will get a call back along with a list of our catalog and pricing.
Affiliate Marketing for CBD
There comes a lot of responsibility when you decide to open up your own shop; whether it’s online or an actual storefront. You will need a safe place to store the products and some upfront cost in order to set up your store. However, another option that is available and free to join is called an Affiliate Marketing. This involves a unique code that you promote; you’re able to earn a commission for every successful transaction when someone uses your code at checkout.
How To Get Started
In order to start our CBD affiliate program you will have to visit: savagecbd.com. Under “Information” you will need to click on "Affiliate Program" then fill out the form. In order to receive your payouts you will need to have or create a Paypal account. Paypal accounts are completely free and you will need to link your personal banking account to your paypal account. Commissions are paid out monthly so when you submit your application make sure your information is correct. Please note, you are not becoming an employee, but you are making money from valid referrals of confirmed purchases.
Once you have successfully enrolled you can now start earning money. Many of our affiliates earn money through social media channels and word of mouth. You can also hand out our flyers to help spread the word. A pro tip is joining groups on Social Media where you are able to have open discussions. Through these forums you can promote your code for people to make purchases from the site. You can track your sales and commissions you have generated via our easy-to-use dashboard at Refersion.com. You are provided a unique tracking code upon enrollment which is what you will post and share with your friends and family. Please note that all purchases must be made online and can’t be canceled or returned after purchase.
Commissions and Perks
Aside from earning 35% commission on the percentage of sale, if your advertising strategy and website qualifies, you may be eligible to review our new products. We provide free samples for select partners and yours may qualify. Also, we have new deals every week that you can share with your fans, on your social media channels and wherever else you can share your link.
There is a lot of money in CBD and there is a projection that by 2023 there will be a total of $23.7 Billion in sales. If there ever was a time to get into CBD that time is now. Opening up a storefront to sell CBD is great! But if the cost is too high you can open up an online shop. However, if you just want to make some money on the side then Affiliate Marketing for CBD is your best option.