Affiliate marketing annual spending is pegged
at approximately 12 billion dollars by softwarefindr. A recent study by viglink shows that 9 percent of affiliate marketers make more
than $50, 000 per annum. The affiliate marketing industry is one of the best to
venture in and make money especially if you have a steady source of traffic.
With affiliate marketing you
can make more than $1000 in a single sale and even more, but don't get carried
away by the numbers, it's easier said than done. Don't expect to make that high
especially if you are a beginner, but you can make a decent income from
affiliate marketing if you really want to, it's all about learning how it
works, putting in time, effort and also having a good strategy in place.
I'll show you what affiliate
marketing is, the best affiliate marketing programs for beginners, best
affiliate marketing networks and how to promote your affiliate products.
What
is affiliate marketing?
Affiliate marketing is a
type of marketing where a marketer is rewarded by way of commission for every product
sold by the marketer. The way this works is that, the marketer
will choose an
affiliate products he/she believes will sell and then promote the products to a
chosen target audience.
If any product is bought due to the marketer's
effort, he/she is paid a percentage of that product's sale price or profit as the reward for his/her hard work.
The companies usually have a system in place for tracking each sale that occurred to confirm if truly the sale occurred through the product link assigned to you.
The companies usually have a system in place for tracking each sale that occurred to confirm if truly the sale occurred through the product link assigned to you.
How
to promote affiliate products
Having affiliate products to
promote is not the only hurdle you have to deal, you also need to know how and
where to promote your affiliate products.
Below
are 4 ways you can promote your affiliate products.
1. Social media ads
First, you need to understand
that to make money with affiliate marketing you need to spend money. You need money
to make money if you really want to make money with from affiliate products on
social media, your best bet is to buy ad spots on social media and target your audience
with it.
You'll rarely make good
amount of money if you just post links on social media and expect people to
Click on it, except you're an influencer.
You can do that but if you
want to increases the chance of selling affiliate products should consider
running ads on social media platforms like Facebook and Instagram. I'll advise
you get a Facebook ad expert to create click-worthy ads targeted to your
audience so you don't waste your hard earn money with no conversion.
2. Use influencers
This is a sure way to promote
your affiliate products and make sales. There are influencers out there with a
good number of following, look for them and offer them a price for them to
promote your product to their followers.
You'll sure drive hundreds
if not thousands of their followers to your affiliate link and make a couple of
sales. Look for mini-influencers with a good engagement rate that way you don't
have to pay a lot to have them promote your products.
3. Blogging
Blogging is another great
way of promoting your affiliate products if you've built an audience of
readers. You can promote affiliate products relating to your blog content and
refer your readers to it. Make sure the product you refer them to, is helpful
to them and helps them solve their problem as this will increase the chance of
them buying the product.
You can also decide to start
a review website, where you review a product, give your opinion on the product and
include a link to the site where they can get the product. Whatever you do make
sure you provide value to your readers.
Read also: 11 Blogging Skills Every Blogger Should Have
Read also: 11 Blogging Skills Every Blogger Should Have
4. Sponsored posts
An alternative method of blogging
is to sponsor a blog post about your product on a good blog with good
readership and pay them for it. This is good as the post will be permanent in
the blog, unlike ads that are available for a limited time.
5. Banner advertising
You could also decide to place
banners on a website with a good number of page views and pay them for it.
Strategic placement of the banners on these blogs can get you good visibility,
clicks and probably some sales.
6. Video marketing
Video marketing is another great way of
promoting affiliate products at low cost especially for products that require
demonstrations to convince the viewer that the product can solve their problem.
One great way of doing this is by becoming a YouTuber. All you have to do is create a YouTube video that
helps your viewers learn or do something and then indirectly promote your products
to them.
Best
affiliate programs for beginners
Below are the best affiliate
programs for beginner affiliate marketers.
SEO
AFFILIATE PROGRAMS
1. Long tail pro
Long tail pro is a keyword
tool for finding long tail keywords. This tool has an affiliate program that
anyone can join; it offers a recurring 30% commission on all sales of long tail
pro plans. What this means is that, you don't only get 30% as a commission for Initial
payment but also as long the person keeps paying for the plan you'll get a
continuous 30% commission.
2. Links Management
Links Management is one of
the best link building services on the internet, it provides quality DA40+
backlinks to almost any niche for $9.99.
It has an affiliate program where
it pays you for backlinks purchased by a client through your referral. It has two
modes of paying its commission from which you can choose from:
1. You can choose to get $50
for every $100 spent by the client OR
2. Get up to 15% of any
amount spent by the client you referred.
Either way, it is one of the
best affiliate marketing programs for beginners.
3. Kwfinder
Kwfinder is another good
keyword tool that has one of the best affiliate programs for beginners. It
offers a 30% lifetime commission on every plan subscribed by a client you refer.
As long as the person keeps renewing the plan, you'll get 30% of every payment
made by the person.
So for example, if someone
subscribed for kwfinder basic monthly plan of $49, you'll get 30% ($14.70) of
this and on every subsequent payment.
Read also: 7 Ways Digital Marketing Helps New Businesses
Read also: 7 Ways Digital Marketing Helps New Businesses
4. Get response
Get response is a marketing
software that specializes in email marketing, creating landing pages, creating
marketing funnels and marketing automation.
If you get into their
affiliate programs, you can choose to get a 33% recurring commission on every client
that subscribes to their plan or choose their affiliate bounty program where
you get one-time commission of $100 for every
client referred(this, however, depends on a partner agreement) that's why it made
our list of best affiliate programs for beginners. Check out their affiliate
program page to learn more.
WEB
HOSTING AFFILIATE PROGRAMS
5. Siteground affiliate program
Site ground is one of the
best web hosting companies with one of the best affiliate programs for
beginners. It offers great commissions to its affiliates, the more people you
refer to their products, the more commission you'll get per sale. Below is
the commission you get based on the number of sales made per month.
1) For 1-5 sales per month, you get $50 per sale
2) For 6-10 sales per month, you get $75 per sale
3) For 11- 20 sales per
month, you get $100 per sale.
4) For sales above 21 per month, you get custom
commissions
Another reason why site
ground affiliate is great for beginners is that, it pays weekly with no minimum
payment thresholds.
6. Inmotion hosting affiliate program
Inmotion host is another great
affiliate program for beginners. All you need to do is just sign up, place
your ads in places they'll get seen and if anyone purchases a product, you get a
commission.
Just like siteground, they
offer an attractive commission to their affiliates. Below is how their commission
is structured.
1) Sales in between 1-10 per
month gets you $50 commission per sale
2) Sales in between 11-20 per
month gets you $80 commission per sale
3) Sales in between 21-30
per month, gets you $120 commission per sale
4) For sales above 31 per
month, contact them for custom commissions.
Inmotion makes monthly payments
to their affiliates; they also have an affiliate referral bonus.
7. Hostinger
Hostinger is a web hosting
company with an affiliate program where it promises it affiliates with at least
a 60% commission from any sale made by them. They provide their affiliates with
promotional content like banners to help you promote their product and your own
affiliate account manager.
It's a great affiliate program
for beginners to try out.
8. Bluehost
This is another great web
host that made our list of best affiliate marketing programs for beginners. Bluehost
offers its affiliates a $65 commission for every client you refer to them. It's
that simple, just sign up with them and you can start promoting their products.
TRAVEL
AFFILIATE PROGRAMS
9. Skyscanner affiliate program
Skyscanner is a well-known
travel search engine for flights, hotels and car hire. Skyscanner offers its
affiliates 50% revenue from every sale brought in by an affiliate. So, this means
if you brought in a sale and Skyscanner made a $20 revenue, you'll get $10 as
commission. They also pay their affiliates $1 per app installed by any person.
10. Booking affiliate program
Booking.com is one of the
biggest online hotel booking sites in the world with more than 2 million
properties in more than 200 countries. You can join its affiliate program where
you can earn up to 40% commission from bookings made through your site.
11. Amazon affiliate program
The Amazon affiliate program
also known as Amazon associates is an affiliate program for anyone who wants to
become their affiliate such as bloggers and website owners. If you own a travel
blog, you could join Amazon affiliate and promote travel products to your readers.
Although the commission rate varies, it's still one of the best affiliate
programs for beginners.
BITCOIN
AFFILIATE PROGRAMS
If you are into
cryptocurrency, there are good affiliate programs you can look into. Below are
some of the best affiliate programs for beginners with interest in
cryptocurrency.
12. Coinbase
Coinbase is one of the best platforms
for buying, selling and managing a portfolio of cryptocurrencies. It is insured
and so you need not worry about the safety of your funds.
It is not only limited to Bitcoin, but you can also trade other digital currencies you like. It has an affiliate
program suitable for beginners; you will have to submit an application which
has to be approved to become their affiliate.
When accepted you have
access to your own dashboard and promotional materials for promotion. Their
commission rate is also good; you get 50% of the amount of money traded by your
referrees for the first three months.
13. Xcoins
Xcoins is a cryptocurrency wallet
where you can keep your bitcoins and also a platform for borrowers and lenders.
You can also trade them if you like. It also has an affiliate program for
people who want to earn by promoting their platform, just like coinbase their
commission rate is up to 50% of fees traded by anyone you refer.
With Xcoins, you can earn in
3 ways; by introducing lenders, borrowers, and even other affiliates. The
interesting part is that these commissions are recurring, which means as long
as your referrees continue trading in the platform, you will be receiving a commission. This is one of the best affiliate programs for beginners to try out
in the cryptocurrency niche.
14. Cex.io
This is another
cryptocurrency trading platform with an amazing affiliate program for
beginners. As an affiliate, you earn 30% of every fee on an exchange
transaction. All you need to do is get a referral link, share your link in various
places, and get a commission on every transaction carried out by the users.
Best affiliate networks for beginners
15.
Clickbank
Clickbank
is an affiliate marketplace for digital products that serve people in 190
countries worldwide. This is one of the best affiliate networks for beginners’ especially
if you don’t want to deal with physical products that involve the delivery of items
to consumers.
Clickbank
has more than 100 categories with over 6 million products from which an
affiliate can choose a product to promote and it also has a straight forward
sign up process to get started right away. It’s a good affiliate network for
beginners to try out.
16.
CJ affiliate
CJ
affiliate is one of the biggest and best affiliate networks because most of the
best brands in the world can be found on it. Most of the best affiliate
programs for beginners listed above can be found on CJ affiliate. CJ affiliate
works best when you have a website and great for beginners of affiliate
marketing.
17.
Jvzoo
Jvzoo
is another digital product marketplace that beginner affiliate marketers can
join. It has over 800,000 affiliate marketers on it and over 6000 sales are
made on this platform per day. It has a fast payout process and a simple sign
up process.
18.
Awin
Awin
is also an affiliate network marketplace with great brands on it, it has over
16500 brands on the platform. They have different promotional tools to help in
promoting their products and with also good commission rates. You can become an
affiliate at absolutely no cost to you and start earning.
19.
Flexoffers
Flexoffers
is an affiliate network that offer its affiliates up to 50% of their
earnings, it has over 12000 affiliate programs on it. Your application will
have to be approved before you become an affiliate on their platform.
Flexoffers is one of the best affiliate network for beginners to try out.
Wrap
Up: Best Affiliate Programs for Beginners.
There are lots and lots of
affiliate programs out there for anyone who wants to become an affiliate but not
all are good for beginners. I have taken the time to sort out the best
affiliate programs and best affiliate marketing networks out of the many for
beginner affiliate marketers to try out. You can experiment with the affiliate
programs listed up there and see which one works best for you.
If you have any other
program worthy to be in our list of best affiliate programs for beginners, feel
free to comment below.
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