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Affiliate marketing is a great way to get some additional revenue from websites that may not be doing well with advertising or other channels of revenue generation. In fact, many businesses have opted for affiliate marketing simply as an additional channel, even when they are doing well with advertising or other revenue streams.
Affiliate marketing has emerged as one of the most effective parts of digital marketing and a popular way to make money online. There are many affiliate programs available online and each has its own unique traits. The affiliate program you choose depends on your niche and relevant target audience. Among hundreds of affiliates available online, finding the right one can help your business grow and take it to the next level.
What is Affiliate Marketing?
Affiliate marketing is a form of performance-based digital marketing and is quite an effective driving force for . Affiliate marketers promote products and services using their affiliate network and earn product-based commission from concerned businesses.
What makes Affiliate Programs Successful?
In US, it has been estimated that affiliate marketing will grow by $6.8 billion in the coming 5 years. Many affiliate programs become successful as they offer a wide range of benefits. Here are a few of them.
- No marketing skills required
- Low or no-cost
- Additional source of income
- Flexibility of working
- Performance based income
You don’t need to be a marketing specialist to start an affiliate program. Affiliate marketing helps you develop different aspects of your marketing strategy, test them and pick the ones that bring in the maximum revenue.
Someone who has a full-time job doesn’t need to quit it, just because they want to become an affiliate marketer. In fact, they can earn a passive additional income with the help of affiliate marketing.
Affiliate marketing can be full-time or part-time. Flexibility and the convenience of working from anywhere make it a great option for almost everyone.
Affiliates get commissions based on pre-determined actions. The action can be an app installation, a sign-up for a service, or positive comments, etc.
Tips to become a Successful Affiliate
It is true that you do not need a specialized degree or knowledge to become a successful affiliate, but there are some tips that we can offer to get you going on the right track. Let’s get going!
- Develop a rapport
- Personalize the program
- Stay updated
- Start reviewing
- Use several sources
An affiliate can reach out to a massive audience if they establish a personalized program for a brand. To do so, they can begin by sending personalized emails and then further personalize the program as per the response they receive.
Review the products and services of your niche. Anything sold online can be reviewed and you can catch the eye of the relevant audience by comparing multiple products in the same category.
Instead of just focusing on one affiliate program, affiliates need to use multiple programs like email, blogging, social media updates, and cross-channel promotions if they wish to achieve any measure of success in their affiliate marketing endeavors.
Let us now check out the best affiliate marketing programs in the industry.
Top 10 Affiliate Marketing Programs and Websites of the Industry
Affiliate marketing is a large industry and there are many types of affiliates like search affiliates, influencers, bloggers, coupon sites, review sites, email marketing, but you need to understand what is best for you. We will discuss the top Affiliate Programs so that you can make an informed decision and choose the best one for your business.
- eBay Partner Network
- CJ Affiliate
Bluehost affiliate program is one of the best affiliate programs available online. The program offers a basic plan starting at just $2.95/month. Using this program, bloggers can make money online. Bluehost provides services to more than 2 million websites with an excellent customer service.
Previously known as Affiliate Window, it is now referred to as Awin and is definitely worth a mention. It is currently active in 11 countries for 1600 brands. Awin helps both digital and physical products.
Cloudways web hosting affiliate program is quite popular and it offers high payouts. One-time payouts let you earn about $125 per sale. They have excellent account managers, which is probably one of the reasons for their popularity. The Cloudways Affiliate Program works best for bloggers, performance marketers, and media publishers.
ShareASale is one of the affiliate marketers who enjoy a good reputation. They feature products from multiple categories like beauty supplies, branded sports products, luxury goods, and eyewear. They support almost 5,000 brands and the best part -the signup process for the programdoes not cost anything.
Fiverr can easily be called the largest affiliate with services available in about 190 countries with over 11 million users. It offers a user friendly and easy to use dashboard. Fiverr offers solutions to almost every industry niche, rightfrom design to tech and more. The most lucrative part – it is free to start with!
PartnerStack is a popular affiliate program focusing on the promotion of software products. PartnerStack offers a simple dashboard and the platform scales with your program offers and customizations. It is the best affiliate if you plan to sell apps.
It is quite simple to sign up for the eBay Partner Network. This unique network connects you with millions of sellers and buyers and provides multiple solutions to build ad campaigns, drive traffic to increase revenue, and optimize resultswith each qualified sale.
Experienced marketers benefit the most from CJ Affiliate. It covers about 300 top brands of the world. CJ Affiliate has the potential to give life to dead companies. CJ Affiliate has a greater adaptability and itspay per sale is comparatively higher than other affiliates through direct sites.One can even see information on individual advertisers and their performance on the site.
ClickBank is one of the oldest affiliate marketing programs. In 2012, ClickBank refurbished its review process to create a better dashboard.The programpreviously focused on digital products but has now expanded to include both digital and physical goods.Itis one of the bestaffiliate programs thatallow users to join for free.
Weebly is a simple website builder with about 40 million users and allows them to earn $25 for each person they refer to. Referred Parties receive a discount amount, which can be used to purchase a Weebly Subscription. Weebly referral affiliate program helps you create unique coupons for each affiliate
While all this may sound very simple, but successful execution can be a big challenge even for a seasoned marketer. It is extremely important to understand that if done without a strong strategy in place, affiliate marketing can turn out to be a waste of time and money. However, it is an ideal solution for those who are looking for an additional source of income. Some of the top affiliate programs have been listed in this post, just for you. What are you waiting for now? Go ahead and choose the best Affiliate programs for your business.
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