In the past, every affiliate marketing program was a good one. Today, there are a lot of scams and schemes being touted as affiliate marketing. Many times you can make money with these risky programs, but they make it hard by taking large percentages, paying small commissions, and asking for an investment upfront. Ironically, the best affiliate programs that are most likely to make you wealthy are the programs that don’t claim to be able to make you rich.
Who doesn’t know about Expedia? This travel brand is known to have affiliates that get access to more than 250,000 hotels and accommodations. It runs 150 websites in more than 70 countries all over the world. It is also known to have one of the highest paying affiliate programs today. It only offers 6 percent commission rates but since the conversion rates are quite high you can expect big earnings when you become an affiliate for this company.
First I want to tell you what brought on this post: I received my first check from Amazon in the mail yesterday!!! It was a great feeling, mixed with a bit of a let down, because to bank the check here in Australia it will cost me around $15 AUD, and that hurts, especially because the check is “only” $212.09 USD (The US Dollar and the Australian Dollar are very close in value at the moment).
Seb, ebay is definitely worth a look. I am also with ShareASale which has lots of programs with a good commission. This has earned me around $74 last month, and already $10 for this month. An Affiliate Program that has also proven well for me (this one depends on what you are trying to sell though) is Art.com. It has been making me a steady commission since I have joined, on average close to $40 a month. They offer 20% commission on every sale! See whether you can do anything with them…
The best affiliate marketers don’t do everything on their own. In fact, it is impossible to make good money doing absolutely everything from web design to content creation. You can choose to do one or two things, but remember that your main job is not unlike that of a CEO. You are in charge of coordinating the entire marketing scheme. You need to know and understand the details, but you don’t necessarily have to have your hands on every aspect. Learn how to delegate well because it will become your greatest asset.
You advertise a product on your blog and you get paid whenever somebody purchases. Affiliate commissions can be 50% and over of the sales price for electronically deliverable products (eBooks, software, etc) that have no replacement costs. Physical products can offer 2% commission upwards. It doesn’t sound a lot, but if you sell a $10,000 entertainment system from a click on your site…
The affiliate marketing industry is growing steadily. An independent survey commissioned by Rakuten Affiliate Network found that affiliate marketing is set to reach $6.8 billion by 2020. Ninety percent of advertisers included in the survey said that affiliate programs were important or very important to their overall marketing strategy, with the majority of publishers reporting that affiliate partnerships drove more than 20% of annual revenue.
Let’s ask you something, if affiliate marketing is not profitable then why so many people are digging their nose in this. Why the competition is so high these days? It’s simply because they see a lot of money in this business. As a matter of fact affiliate marketing is something in which you can make huge money and even without much investment. We know you may have three queries in your mind:-
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Amazon won’t approve unless you already have 500+ visitors a month on your blog/site? Does that sound right? And it seems they don’t much like competition on your blog/site either. But you can’t get traffic unless you monetize it with adsense or other affiliate programs. The blogger blogs are niche specific and made for getting Amazon products on board… but they aren’t approving because of low traffic, which is counterproductive.
First and foremost, you’ll want to find a product category you believe in and focus on it. You don’t want to spread your affiliate marketing out too much, and by focusing on one specific product category, you’ll be able to pinpoint audiences to market to and establish yourself as a trusted source on a particular subject. If you spread out too much, you’re going to need a lot more effort to attract much smaller audiences, rather than allowing your knowledge on one particular subject bring people back again and again. Here’s a bit more info on how to choose a good niche.
If that’s all you’re aiming for, then you shouldn’t have any problems. As long as you choose a market with enough consumer interest. The poll represents mostly CPA arbitrage affiliates. To earn the big money, paid traffic is your best friend. But yes, $1000/day is a pretty standard target for CPA affs. You have to set your targets high because the business is so volatile.