What is Affiliate Marketing?

Affiliate marketing is a type of performance-based marketing in which a business rewards a certain percentage of commission for each product bought by the customers who are brought by the affiliate’s own marketing efforts. The affiliate simply searches for a product they enjoy, then promotes that product and earns a piece of the profit from each sale they make. The sales are tracked via affiliate links from one website to another.

Suitable For

Every day, thousands of publishers benefit from a recurring cash inflow by partnering up with other companies via affiliate programs. People who love to talk, write, explain, and have the ability to persuade.

Skills Required

Ability to promote a product online using social media, videos, ads, etc & affiliate marketing is one of the best ways to monetize you blog.

Time Required For Starting Affiliate Marketing

Joining an affiliate program can get you exclusive access to new content and special deals for your audience -all while earning you more money.Virtually within an hour. You just need to select an online product that pays a commission when you promote and sell it using your affiliate link.

Types of Affiliate Programs

If you’re looking to promote your products or services, there are a few affiliate programs you can consider. When choosing an affiliate program, you’ll want to keep in-mind the avenues or platforms your audience spends the majority of their time — for instance, does your buyer persona typically read blog posts, scroll Facebook, or use search engines when researching new products?

Alternatively, is your buyer persona someone who’s always looking for a good deal, and would appreciate a link on a coupon site? Or are they more interested in doing tons of research before purchasing, making your promotion efforts more worthwhile on a review site?

While those are questions you’ll have to consider for yourself, let’s take a look at some general types of affiliate programs so you can begin brainstorming potential avenues for your own marketing efforts:

Search affiliates: With this program, you’ll have freelancers or entrepreneurs pay their own money to promote your offer on search results or other online advertising platforms like Facebook Advertising. While you’ll want to ensure your partner is following search and advertising guidelines, this could work in your favor if your partner has an SEO background and wants to A/B test to see which ads result in the most referrals for you — and most ROI for them.

Bloggers/influencers: If there are impressive bloggers or social media influencers in your industry who engage with your ideal buyer persona on a regular basis, you might consider partnering with them. For instance, if you sell kitchen appliances, it might be good to reach out to bloggers or YouTube influencers who post recipes, and ask if they’d feature your product as a “recommended tool” in their next recipe post. Ideally, this would result in your target audience taking a look at your website, and if they like the products you offer, could provide additional revenue for the influencer.

Review sites: If you offer a product or service that is more expensive or niche, it’s likely that most of your buyers need to conduct research on that topic before purchasing.. if that’s the case, it might be a good idea to research the top review sites related to your product or service, and reach out to the business or writer who published the piece, asking whether they’d be interested in providing an affiliate link to your product or service in the text.

Coupon sites: If you’re offering a new product or service that isn’t popular in the marketplace, you might try creating an affiliate partnership with a coupon site for a limited time. While you don’t want to lose money by giving your product away at a discount, it could be effective at getting some first-time buyers to check out your website and become brand advocates.

Email marketing: This is best in small doses. You don’t want any partners sending out bulk emails to customers who aren’t interested in your products or services, but with proper consideration for who’s receiving the email, this could be an effective method. For instance, if you sell design tools, you might reach out to marketing agencies and ask, if they’re working with a specific client on a design project, whether they might consider sending a URL from your site within the body of the email. This could help their clients leverage your tools to create higher-quality content, while giving agencies an added source of income.

Tips & Tricks

1. Select an online product from the domain in which you are well conversant with. For example, if you are a dietician then select a product related to diet.

There are lots of products available in every domain you just need to focus on which domain is suitable for you.

2. Places to find products:
–Clickbank.com
–Shareasale.com
–Jvzoo.com
–Wirecutter.com

These websites have thousands of products listed from multiple domains.

3. Choose a product that pays you at least a 50% commission on each sale.

4. Most product websites handle affiliate link generation and payouts so you don’t need to worry about how you’ll get your commissions.

Just get your custom affiliate link created by the vendor and start promoting it.

5. If you want to earn instant money from affiliate marketing try to promote your affiliate link on social sites such as Facebook, Twitter, Digg, StumbleUpon, and Reddit.

How To Monetize

Monetization is simple, just make more people buy the product through your affiliate link. Create a Facebook page or Banner ads about the product.

Tell people how the product will help them to solve their problems.

Improve people’s knowledge about the domain and help them to solve other related Programs

Best High Paying Affiliate Programs

1. Leadpages

2. GetResponse

3. SEMRush

4. Fiverr

5. Pabbly

6. Unbounceb

7. Contant Contact

8. Typeform

9. Kajabi

10. Coursera

11. Teachable

12. BigCommerce

13. Shopify

14. 3dcart

15. Volusion

16. WP Engine

17. Kinsta

18. Bluehost

19. Flywheel

20. Hostgator

21. GreenGeeks

22. Wix

23. eBay

24. Amazon

25. Target

26. Hammacher Schlemmer

27. Spocket

28. Murad

29. Yves Rocher

30. Scentbird

31. BH Cosmetics

32. Boatbookings

33. TripAdvisor

34. Cheapflights

35. Momondo

36. Sandals Resorts

37. Capitalist Exploits

38. Kabbage

39. Sage Financials

40. Invoice Ninja