The last thing I would say to new affiliate marketers is that self awareness is SO important. It’s easy to get caught in the routine of doing what you think is working, when it’s actually not working. Always be looking at what others are doing in your niche; always be re-evaluating your game plan; and always be thinking about new ways to hit your audience.
While affiliate marketing is nothing new in principle, it is fairly new to the world of Instagram. In many ways, the pairing is a match made in heaven. Instagram followers are more likely to engage with branded content than other social media users. Instagram celebrities from Kim Kardashian to the Beauty Boys have garnered millions of loyal followers thanks to influencer strategies that tell consistently compelling stories.
While affiliate marketers are generally able to join affiliate networks for free, merchants usually have to pay a fee to participate in the network. Affiliate networks usually charge an initial setup fee for each merchant and often a recurring membership fee. It’s also common practice for affiliate networks to charge merchants a percentage of the commissions paid to affiliates. This percentage is known as an ‘over-ride’ and is payable on top of the affiliates commissions. But make no mistake about it, despite these fees, the benefits to the merchant for joining these networks is well worth the price. Here’s why…
MoreNiche is an affiliate network with a focus on several specific offers niches – Health, Beauty and Fitness. It offers affiliates from 30 to 80% commissions, which is above affiliate marketing average commission level. It provides a chargeback protection, guaranteed bi-weekly payments, robust affiliate support, on-going campaign optimization, real-time stats, personal consultation and more.
Cookie – A cookie is piece of data stored on your computer. Cookies are usually used for authentication (forums, email) or simply storing preferences. With affiliate marketing, whenever you click on an affiliate link, a cookie for that specific merchant is stored on your computer. Cookie duration varies between merchants. For example: If “Mike’s Pets Store” has a cookie duration of 14 days, that means from the moment a customer clicks on your affiliate link, they have up to 14 days to make a purchase. This means that on October 1 they could have clicked your affiliate link to the merchant and not bought anything. But if they revisited “Mike’s Pets Store” on October 9 and made a purchase, you would still get commission for the sale.
In most cases, organizations that employ an affiliate strategy tend to be in the e-commerce space. That’s because it is fairly simple for e-commerce brands to track purchases based on a single tracking link. Other types of business, like B2B software or services, tend to be ill suited for affiliate programs because of long and complex sales cycles.
You will see that I created a simple image with some selling features, noting the SALE, warranty, RETURNS and a big SWIPE UP which was pointing to my http://bit.ly/amazonferrariwatch URL I created from the Amazon Associates Affiliate Offering code (yea it’s a mouthful) but it’s the big long messy URL in the image below (which is from Bit.ly dashboard). This is an amazing officially licensed Ferrari watch backed with a 2 year warranty and FREE returns. It doesn’t get any nicer of a “sell” than offering all these things to an automotive enthusiast following like I have!
Shopify is a very popular site building platform for people interested in building eCommerce stores. It has been around for the past few years and seen significant growth in its user base over this time. You can earn a staggering 200% per sale for every new customer you refer to them, which means that there is up to $2400 per new customer on offer.
Your life situation might dictate that $200/day is the pinnacle of financial motivation. You can drive yourself to attain this goal, but any further and the motivation begins to slip. That’s a point of diminishing returns. Call it your comfort zone. Any work to advance beyond this point comes with the additional burden of pushing you out of that comfort zone. And so procrastination sets in, along with the dual crippling fears of failure and success.
Nah, you should work backwards: Start looking for the “noisiest” people on social media; the ones who have posted written or video reviews, tweets about how much they like your product, and of course, those who leverage Instagram. It’s important to check all social media because these potential partners may have, say, posted on Facebook about you but haven’t bothered to post on Instagram specifically. Then, after you’ve compiled a list, cross-reference their names/emails with your customer database. Got a match? That person is a prime candidate to reach out to, if they meet the criteria above that we’ve already established.
Affiliate support is quick and efficient. I’ve dealt with my share of bone-headed affiliate managers who think they are doing you a favor by resolving your inquiries. Yes, these underachievers exist and shouldn’t be affiliate managers. By contrast, Shopify affiliate managers are on the ball. The few emails I’ve sent have been resolved quickly with excellent advice.
In our online marketing preview article, we briefly explain what affiliate marketing was but did not go into exact details. For Part 1 of our How To Make Money Online series, we will be teaching you more specifically on the process of affiliate marketing from the backend to the end user. We will also explain the different variables that exists which dictate how much money you can possibly earn per product. Let’s get started!
Agreed Anna. Way too many people unfortunately get swayed too easily by the grand promises of many affiliate marketers that claim they make millions easily and how easy it is. In reality, it is not at all easy and definitely requires a good deal of work, correct decisions every step of the way and some luck also, to make good money. It is important for each person to find what methods work best for them and go at it that way.
Because 2Checkout exclusively sells software and digital products, it is best suited for established influencers whose target audience is interested in buying products in this niche. But while you won’t find any physical products for sale, 2Checkout is probably the market leader in selling software of every type, including very specific use case items (like software that can convert Microsoft Word documents to PDF, for instance).
Websites help you reach a new set of audience and would also help complement the efforts you’re putting into social media. The best way to do this would be to run a blog that offers solution to people’s problems. You can start a blog that talks about skin conditions, and then insert your affiliate link in the call-to-action of every blog post you write.
The author, Vick Carty, gives a simple, easy and complete method to succeed at affiliate marketing. He does this in a way that is doable and he gives you the tools. I've read quite a few books on affiliate marketing and in this book I discovered something new worth for me the whole book. A tool that enables to leverage Facebook when using it for affiliate marketing. A book to own.
I told them to send me their pictures….and I had to do this at the beginning…I created post with their image and they paid me for this. And now every two weeks I create for them sponsored post. I can't tell how much they are paying me because it's in our agreement. I can tell you that if your Instagram account has between 2k to 8k followers and your post usually have good engagement Rate between 200 to 400 likes per post you can easily charge from $80 to $180 Dollars per post and it of course depend on your Niche.
In simple terms, affiliate marketing is when you earn commissions for recommending products/services to readers (or people you know). This is done by joining affiliate programs, where you get unique links (tagged with your personal ID) that tracks whenever your links convert to a sale. If someone out there buys something through your link, it rains money. Or, well, usually a smallll percentage of the sale, but it’s a start!
There’s a good reason why ClickBank is still a strong contender, however it does tend to focus more on digital products which may be of questionable quality. Yes, the review process is more professional these days, but it’s still primarily focused on selling digital products, especially “how to make money” courses and the like. That being said, there are some genuinely high-quality products on offer, and few affiliate programs are bigger than ClickBank, especially in selling (primarily digital) books.
While ZipRecruiter is seeing annual salaries as high as $113,500 and as low as $20,000, the majority of Affiliate Marketing salaries currently range between $40,000 (25th percentile) to $71,500 (75th percentile) across the United States. The average pay range for an Affiliate Marketing varies modestly (up to $31,500), which suggests there may be fewer opportunities for advancement based on skill level, but increased pay based on location and years of experience is still possible.
I did a lot of research to find the right one, and so I chose Making Sense of Affiliate Marketing by Michelle Schroeder-Gardner (as I mentioned earlier). I figured it made sense to learn from the best, and with a 30 day satisfaction guarantee, I had nothing to lose. I chat WAY more in-depth about it in my review here, but this course was definitely a gamechanger for me.
Tip#2 is to go sign up for elink,io right now. It’s a free tool that lets you post multiple links on your instagram bio which is super helpful to increase profits for us affiliate marketers. You can share links to multiple different landing pages and offers which is great for split testing, while you simultaneously share links to your other social media, and even your website. So now you don’t have to choose between a link to your landing or a link to your youtube channel, you can have both…. And no i’m not sponsored by them.
URL masking: Often, you’ll find that affiliate links are a real, million character eyesore. It’s likely that your links will look like Merchant.com/dlfjlfjlfjdskljdfgimmeallyourmoneyalajdlkaf2131032klfjfdjldsjf. And let’s be honest, few people are going to want to click on that. URL masking is therefore when you create a prettier, cleaner “vanity URL” that makes your links more clickable. Some people use bit.ly, which has tracking purposes, or the WordPress Plugin Pretty Link.
The average salary for an Affiliate Marketing Manager is $54,139 per year in the United States. Salary estimates are based on 155 salaries submitted anonymously to Indeed by Affiliate Marketing Manager employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. The typical tenure for an Affiliate Marketing Manager is 1-3 years.
The choices I’ve listed above are the affiliate networks that I’m most familiar with. Most I use today or have used in the past. It’s hardly a complete list of all the good affiliate networks that are out there since there are so many. If you would like to share a network that you really like working with please list it in the comments section at the bottom of this page.
The affiliate marketing industry has grown into a large online community of digital marketers. Through Shopify’s affiliate marketing blog posts you can learn about the foundations of affiliate marketing, what kinds of affiliate marketing opportunities exist, and how you can get started growing your business through affiliate marketing. Subscribe to our affiliate marketing blog to be notified when new blog posts are released.
First, you must recognize that there are much better social media networks than Instagram for affiliate marketing, for example, Facebook, YouTube, and Twitter. Therefore, you might abandon IG altogether. Secondly, if you want to play on IG, you must accept its limitations and focus on what is available (the bio section). Four strategies accompany the all-important bio link.
Is said to have paid out about $1 billion to their publishers which makes them one of the best affiliate programs you can join in. If you love a wide variety of products, websites and brands then this is the site to explore. They are also known for their high approval rate which allows you to earn a good amount of different products. Check out their site and see how you can do just that!
CPS, also referred to as PPS (Pay Per Sale), is a low-risk, high-profit, revenue-sharing model used by marketers to lure an unlimited number of new customers to their product or service. Cost-Per-Sale pays a set commission to the affiliate marketer who refers a lead that results in a purchase. Marketers love the CPS model since they only pay a commission after they get paid first by the purchasing customer. It’s in essence free marketing and advertising since the affiliate is the one who produces the lead without any up-front cost to them. This is also why CPS payout commission percentages are so high. Incidentally, the CPS model is primarily what we focus on here at highpayingaffiliateprograms.com.
Ama, you mentioned the “refund rate” in your article but I believe that need a bit more explanation. Let’s take a down-to-earth example. We recently launched an affiliate campaign for our online coffee shop and got an affiliate who sent us a customer. The customer makes a $100 purchase. The affilite gets his $5. Soon a refund is requested (the client wanted a decaf coffee, for example). How do we deal with the $5 that we sent to the affiliate. What I expect is that we need to state the refund period (say, 7 days) and the affiliate money are released only after those 7 days. Is that correct?
The problem with affiliate marketing, like many other home business options, are the so-called gurus and get-rich-quick programs that suggest affiliate marketing can be done fast and with little effort. Odds are you've read claims of affiliate marketing programs that say you can make hundreds of thousands of dollars a month doing almost nothing ("Three clicks to rich!"). Or, they suggest you can set up your affiliate site, and then forget it, except to check your bank deposits.
Thank you for the insight, it did set straight some of the things that seem to be left out in the sales pitches from those selling their affiliate programs. I’ve been looking for a couple of weeks now, and while some of it is starting to sink in, one of the key factors appears to be the creation of an informative blog. It seems there are other ways to operate as an Affiliate Marketer that don’t require a blog or a website, but, it appears that content and traffic to it, are the preferred methods.
A 30-day cookie is good, but a 45 to 60-day cookie would be much better. A person must signup for a free trial within 30 days of clicking your link for you to receive credit. However, store/business planning can take a while in which case the referral period might expire before the user signs up. A longer conversion window would benefit affiliates.
As Target is the second-largest general retailer in the United States, their affiliate program is primarily for American bloggers or publishers who can route visitors to relevant products. Overall, the program works much like Amazon’s does in that publishers (bloggers) get a small commission on sales, but Target’s gigantic product base (over one million items) and high brand recognition make their affiliate program a great option for influencers.
You can start figuring out your target audience by focusing on reading the reviews in your niche. You can also spend some time on forums and read the comment section on blogs that cover your niche topics. If you notice some unanswered questions emerging over and over again, write them down. Your audience needs them answered, and you can do it for them.
On Instagram, hashtags are your best friend. They’ll put your post in front of thousands more people. That will earn you more followers, and, hopefully, more sales. Make sure you add relevant hashtags to all posts promoting the product or service. Going back to our health food blogger example, she might add hashtags like #healthyliving and #cleaneating to her affiliate posts.
For you to become an affiliate marketer here, you do not need to purchase them or seek permission to become an affiliate. All you need is to click the promote button, and you will have a platform to create your account. From here, you will receive an affiliate link that allows you to advertise anywhere. Once a person has clicked on the link you have provided and make a purchase, you will automatically get a commission for that sale.
A relative newcomer that was only founded in 2014, ConvertKit has taken the world of email marketing by storm. According to the company, they now have nearly 20,000 active customers of their email services. Their affiliate program works by paying existing customers a lifetime 30 percent commission for referrals that subsequently become ConvertKit customers or who sign up for ConvertKit webinars and other digital products.
This is one of the best ways for influencers to get their traffic to convert to sales. If your Instagram is full of beautiful lifestyle images, that people are curious about, then by letting them know they can shop these items is key. @sheshopped has done this on her Instagram and the page on her website has all of her shoppable Instagram photos, and when you click on one, you are given some information on it, and you can click through to the store.
8. Affiliate Partners Ltd. Affiliate Partners Ltd. is one of the first affiliate networks in the financial industry and is known as the affiliate network with the highest payouts (CPA) up to $600 for niches like trading, gaming, casino, sales funnels and many more. Working with them makes affiliate marketing much easier for you because of their very professional team which is always reachable in skype and by email. This network assures you the best affiliate network experience in the world with extra fast payouts and a 24/7 support.
Pick a Niche – When businesses look for influencers to promote their products, they want someone who has a following made up of people in their niche. Popular niches on Instagram include fashion, health and fitness, travel and cookery, to name a few. Choose a niche that is relevant to your lifestyle and then post images, and build your audience around this subject. You will then become a valuable influencer to businesses in your particular industry.
Like any social media platform, increasing followers, views, engagement, and CTRs are a function of user activity. Posting at least once daily should be your goal. Using hashtags makes your content more discoverable. You should add ten to twenty hashtags to every post without appearing spammy. I have my hashtags ready to copy and paste in a memo on my phone. Check out your competition to understand what hashtags they use and discover the most popular hashtags with a tool like RiteTag. You might also like to read Hootsuite’s The Do’s and Don’ts of How to Use Hashtags and The Complete Instagram Hashtag Guide. Lastly, you might want to buy followers or use marketing automation and bots to attract people to your profile. For differing opinions on these topics, search for “buying IG followers, “IG bots,” and “IG automation.”
As another best affiliate in our list of the top 10 affiliates, AvantLink connects businesses with marketers where the merchants will take the advantage of affiliate marketing to boost their sales. Here, the merchants will need to provide info about the affiliate program set the commission charges and all the necessary details about their products. In the other words, the affiliates will take this information into the market and earn commission after selling the products. The system will handle all the sales and commissions well.
Affiliate marketing can be a great way to build stronger relationships with customers and other businesses that you admire within your product niche. From these people, you can gain valuable insights into customer experiences surrounding your products and learn new strategies for growing your business. This is just a basic template for how to start affiliate marketing. Now, it’s time to try it out for yourself. We’re sure that once you get the hang of it, you’ll come to realize that the sky’s the limit when it comes to making the most out of this lucrative marketing channel.
Clickbooth is CPA-based affiliate network that connects advertisers and affiliates since 2002. It utilizes a wide spectrum of channels such as native, social, mobile, display, email, search and contextual. It claims to reach 85% exclusivity of its offers that cover Health and Beauty, Financial, Dating and App Installs. It utilizes “Forensiq” which is an industry leading Fraud detection platform that provides Clickbooth partners fraud protection not offered by its competitors.
StudioPress itself is somewhat of a niche product as it is targeted to existing WordPress users who found setting up and managing a WordPress site too difficult or time-consuming. StudioPress prides itself on being easy to use, but their main claim to fame is that their hosted websites are “faster and more secure” than other WordPress hosting companies as well as using the “Genesis framework” which is supposedly more SEO friendly than other WordPress builds.
When recommended affiliate marketing companies, we believe it is important for the affiliate marketing company to have access to a large network of publishers and affiliates. Not only does there need to be a volume of a variety of advertisers and publishers, there needs to be a variety of different industries being represented with enough volume to ensure there are matching publishers for the interested affiliates.
Bloggers and internet marketers who have been working into online marketing for years are used to with an affiliate marketing, and also with the fact that it is the most productive way to make money online. In the quick words; an Affiliate Marketing is one of the popular practices of selling wherein you suggest someone to any online product and when that person purchases the product based on your suggestion, you receive a commission.
CrakRevenue is a CPA-based advertising platform that connects advertisers and publishers. It provides affiliates with three plans (Active Affiliate, VIP Affiliate and Elite Club), all of which has Help Desk included, hundreds of offers and 5% lifetime referral program. On top of that for the second and third plans it offers a dedicated affiliate manager, exclusive offers and promotions, annual payout bumps and more.
Leadbolt is a high performance mobile advertising platform for user acquisition and in-app monetization. Powered by direct relationships and dynamic ad-serving technologies, Leadbolt allows mobile advertisers to reach and acquire quality users at scale. Leadbolt’s analytics-based algorithms assist advertisers with advanced targeting that captivates best-fit audiences to achieve deeper user engagement with maximum ROI.
Each year we conduct the biggest research survey in the performance marketing industry in order to identify the best CPS Affiliate Networks (Cost-Per-Sale). The responses are then aggregated with input from the Blue Ribbon Panel of industry experts and mThink’s own research. The result is the Blue Book Top 20 Affiliate Networks, as chosen by the advertisers and publishers of the world-wide performance marketing community. These are the industry leaders that provide the levels of customer service, professionalism and consistent ROI that is the mark of a top network. They have also learned to survive and thrive in an ever-changing and incredibly competitive environment, so they are without exception run by smart, effective leaders.
I love learning about new programs.I have learned over the past year that making passive income is not as easy a I first thought.I tried clickbank and I was confused at first it takes awhile.And I have recently been working with amazon .I have never made an in dept look into what I want from an affiliate company and this has made me stop and think thanks
Ahh thanks for the kind words. Glad you found the post helpful. I would focus on building up a good base of content first before adding affiliate links, because like you said, some programs might not accept you if your blog is still so new. 2 posts is a nice start, but I’d definitely work your way up to 10-15 posts, enough to “fill up” the blog before you apply for affiliate programs. That’s just my opinion though! The other thing about starting too early is that you haven’t really established authority or a solid audience that trusts you yet, so the odds of readers making purchases through you is much lower as well. Focus on content first, then programs! The good thing is, you’ve taken Michelle’s course, which I thought was super helpful in terms of getting in the right mindset for affiliate marketing. Now that you know what sort of content works, you can get a good strategy set out from the beginning. 🙂 Best of luck!
Matomy Media Group is the leading digital performance-based advertising company. Its advertising platform combines all digital media channels than span across mobile, web and social platforms. Matomy Media Group provides media partners with the set of full- and self-service monetization options to monetize their inventory with high fill rate and eCPM. Matomy Media Group Ltd.’s securities are listed both on the High Growth Segment of the London Stock Exchange’s Main Market (LSE:MTMY) and on the Tel Aviv Stock Exchange.