3. Join an Affiliate Marketing Program
Revenue potential: Novices can earn up to $1,000, mid-level affiliates up to $10,000, and advanced affiliates $100,000+.
Age threshold: 16+
Setup ease: All levels, easier with strong online presence
Total time to first pay: Approximately one to two months
Becoming an affiliate marketer should be ideal for professionals interested in making extra income. Affiliate marketing occurs when an affiliate or publisher earns a commission for a product or service they promoted successfully to their audiences.
Affiliates can choose between physical and digital products if they can convince their audience to buy them. Even though promoting physical products can convert faster than digital, the commission is usually lower.
Affiliates usually get a unique website link that tracks conversions. They place it inside a blog post or promote it via social media, like TikTok, Instagram, or YouTube.
Others prefer to run Pay-Per-Click (PPC) campaigns if they have some money to invest beforehand to reach consumers who are very likely to convert.
Let’s see some successful affiliate marketing programs you’d better watch out for.
Best Affiliate Marketing Programs For Digital Products
- Moosend: If email marketing is your thing, you can’t miss out on our fantastic affiliate program. Earn up to 40% lifetime recurring commission for every paying customer and an extra commission if they upgrade.
- Shopify: This website builder offers a generous 20% recurring commission for each referral. Earnings vary based on the merchant’s location.
- Semrush: This SEO marketing tool gives $200 for every subscription sale and $10 for every free trial signup.
- HubSpot: This customer platform widely known for its suite of CRM tools offers 30% recurring commission (for up to 1 year) for every paying customer. With performance-based tiers, you can earn more rewards like bonuses when you graduate to the next tier.
- Capsulink: Join the Capsulink affiliate program and earn a 25% recurring commission for up to 12 months. With Capsulink link shortener, you can make and share short links across various social networks and other marketing channels.
Best Affiliate Marketing Program For Physical Products
- Amazon Associates: You can earn a 1-20% commission, depending on the program. The cookie lasts for a day.
- Target: It’s another notable retail brand, enabling you to get up to an 8% commission with the cookie lasting seven days.
- eBay Partner Network: This well-known retail platform pays you a 1-4% commission based on the product category. The cookie’s life span is 24 hours.
To succeed in affiliate marketing, create exciting and relevant content for promotional purposes to make good money.
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