Affiliate marketing is a viable and proven income option, and have very good income potential. However, it requires dedication and commitment over a long period of time. Affiliate marketing is ideal for those who own digital properties like a blog, or YouTube channel and are focused to build and maintain it. We have selected a few best affiliate programs to help you find out and earn money online.
What Is Affiliate Marketing?
The process of earning a commission by promoting the products of other manufacturers is called Affiliate Marketing. Affiliate marketing is a type of marketing in which an affiliate is a salesperson for a company and receives a commission when someone clicks on the link and/or purchases something from the company. For example, if you refer someone and help to make a sale, the company will pay you a commission for your referral. The best part of affiliate marketing is that you may promote products from many different companies and earn commissions from all of them. The affiliate links are used to track the sales from one website to another.
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How the payment is made?
The companies offer different payment options, however, the majority pay through direct transfer to the bank account or PayPal whenever a specific amount of commission is reached.
How much time is required to start earning money?
It depends on your ability to attract visitors, build trust with them, and promote the affiliate products or services. This process takes from some weeks to several months to start earning money. However, once started it gets growing day by day if you do not give up.
How to start the Affiliate Marketing?
The first step is which product to select and start promoting. To come up with an idea or which product to choose is considered to be a difficult task. In fact, it is not much difficult as considered. You should choose a topic that you’re interested or involved in and figure out what are the needs of the people.
Your target audience should be those people who want to buy a product or service but are not sure which product or service to buy. To be a successful affiliate marketer, you should help the people discover the right product or service for their needs, assist them to make a purchasing decision, and lead them to the respective website for completing the purchase. Select only a few products or services, which are profitable, unique and may reach a large number of people across the geographical boundaries.
Steps for successful start of affiliate marketing
We believe in practical steps rather than a theoretical startup, thus recommend the following steps to become an affiliate for beginners. You may, however, develop a thorough understanding of the theoretical concepts for the growth of your venture.
- Register with any affiliate network listed below, under the heading Best Affiliate Marketing Programs:
- After completion of the signup process, review the products or services in your niche or which you feel comfortable talking about
- Select the products, which:
- are in your niche or interest category
- are popular
- have a good sales volume, and
- have the reviews, comments in favor of the product/service
- prepare a final list of products/services which you want to promote and earn money
- Create a blog, a website, or any medium for the promotion of the selected products
- Repeat the above step for each affiliate network and create a portfolio of products/services to promote and earn money online.
Promotion of Product or Service
You have many options to promote your affiliate marketing efforts, including the following:
- Create a website or blog to promote the products using the affiliate link to reach large masses and earn money online. You will need a website domain and hosting plan, click here to see a list of FREE web hosting and domains
- Create a YouTube channel to promote the products using the affiliate link to reach large masses and earn money online
- Collect email addresses and connect with potential customers using specialized content and use marketing techniques to attract them.
Best Affiliate Marketing Programs
Now, let us review the best affiliate marketing programs that will help you earn money:
DFO Global offers a wide selection of exciting e-commerce products in a brand-protected environment, with high covering offers and high payouts. It offers well-designed, mobile-optimized, split-tested pages, and international offers, with translations by native speakers, localized checkout pages, and country-specific creative assets. Moreover, top-notch data analytics and responsive managers are also there to support.
Amazon Associates is an Affiliate program of Amazon and offers an easy way to monetize your website or blog. The approval process is very easy and prompt approval is granted. The Amazon marketplace takes care the sales process for millions of products. You may make money online without a strong affiliate marketing experience.
eBay Partner Network
eBay Affiliate program has been one of the popular options of the affiliate marketers. Advertise the products via your affiliate link using your blog, your website, or social media and get a commission. There is a huge supply of interesting products including trending products and offers.
ShareASale is another big affiliate network and is popular because of its user-friendly interface, fast sign up process, and support for affiliates. It has a huge variety of products across multiple markets and niche industries, making it easy to find the right fit for your blog or website.
ClickBank is another popular affiliate network that serves as a marketplace for affiliates as well as for the people who create products or services. It offers high lucrative commissions for millions of products worldwide. Another advantage of ClickBank is that it offers a recurring income option on a number of products.
CJ formerly known as Commission Junction is considered to be one of the best affiliate networks, especially for beginners. CJ offers pay-for-performance programs and has its offices worldwide with a variety of products to earn money online. It requires certain conditions to get accepted as an affiliate and to stay on. However, it offers a good set of tools and support to facilitate you.
PartnerStack is another affiliate marketing network that focuses on the promotion of software products and tools through a full-stack solution for B2B SaaS (Software as a Service) partnerships. If you could target the audience interested in software products, there is great potential for you at PartnerStack.
Fiverr Affiliates Program
Fiverr is one of the best marketplaces for freelancers, and its affiliate program offers a great opportunity to make money online. You don’t need to have a website and you can join the program without any hassle. Fiverr serves as a platform for entrepreneurs and freelancers to get started and succeed. It provides a user-friendly dashboard and portfolio of resources for the promotion.
AliExpress is not much popular but offers a good opportunity to join and earn money online. Its payout threshold is low, however, a $15 processing fee per withdrawal makes it less attractive. It allows you to create tracking IDs to monitor the performance. For example, you may create a separate link for your website, or for Facebook and compare the performance with each other. It also allows linking to search results, deals, etc. Moreover, it also provides an API for webmasters to obtain, and display the product information.