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Being a middle man is one of the ways to make money in the 21st century.
This have actually worked for people all over the years even before the dawn of the computer age.
Selling as a middle man have actually become official and have been re branded into Affiliate marketing.
What is Affiliate Marketing.
Affiliate marketing is the process of earning income every time you promote someone elses products or services.
In a layman’s term If you generate a sale for the company, you get paid. If you don’t generate a sale you do not get paid.
Affiliate marketing in other words simply means selling for commission.
You actually earn a percentage on every successful sale you make.
There are three main parties involved:
The merchant. For example, a retailer selling products.
The affiliate. For example, a product review website linking to products on the retailer’s site.
The consumer, who visits the affiliate site, clicks the affiliate link to the retailer’s website and purchases the retailer’s product.
affiliate marketing for beginners
How Do i Join Affiliate Programs.
There are primarily two types of programs: self-hosted programs, and ones in an affiliate network.
First, self-hosted programs run on the company’s website with affiliate software tools.
You join these by searching for “Brand + Affiliate Program,” finding their program page, and filling out a form to apply.
On the other hand, a program can live inside affiliate networks – a collection of merchants offering their links in one secure place.
These networks let you join new programs in different verticals, view reporting, see your commissions, and grab your affiliate links to add to your site.
With either approach, there are either automatic approvals or manual approvals.
Some programs accept anyone some automatically add you if you hit specific benchmarks.
Many programs require an Affiliate Manager to review your application manually.
Affiliate Marketing Stats You Should Know.
Here are very few data and insight to affiliate marketing you should know.
1 .Affiliate marketing spending is bound to grow by 10% in the next few years.
2.Affiliate marketing is a global industry worth well over $12 billion.
3. Affiliate Marketing accounts for 15% of all digital media revenue.
4.94% of Affiliate marketing publishers use more than one network.
5. Ad Blockers does not affect affiliate marketing.
Requirements for Affiliate Programs
There isn’t much required to join an affiliate program or network
1. website/ Blog.
Although you can participate without a website by adding links on social media, this works best for high-end social media influencers, and I always recommend having a website.
I recommend you have a well-designed website with an SSL certificate installed for HTTPS.
You should own a business email address connected to your domain, and have a PayPal account set up.
2. Active Social Media Account.
Most affiliate networks do not make it mandatory to own a website in order to be approved into their network.
An active social media account can do a lot provided you have a lot of engaging followers on it.
3. Bank account/ Paypal.
Affiliate programs and networks pay you at the end of a specific period after curating your sales and you must have a medium receive money – either a PayPal or a bank account.
high paying affiliate programs
How Much Money Can You Make as an Affiliate Marketer?
There are no official numbers because profits differ from one niche to another.
Certain products are simply more expensive or are in greater demand, while others are more suitable for a passive side income.
Generally speaking, if you are starting from scratch, without any meaningful internet presence, the first months you will be making absolutely nothing.
It takes time to build a following and then some more time to build a size able audience.
You need vision, determination, persistence, and a pinch of luck to get noticed and to start earning well.
Here is my article on starting and building a blog with very good SEO
What to look out for Before joining any affiliate program .
You should know that there are so many affiliate programs out there and it is very wise not to invest your time and energy in all because not all are genuine as they claim to be.
Here are very few things to consider before you join an affiliate network or program,
1. Commission Rate.
affiliate marketing ecommerce
The commission rate of any affiliate program is simply the amount entitled to you after a an affiliate has completed a sale.
As an affiliate you should always seek out what you intend to gain from every affiliate program you join.
This determines how much you can earn and whether or not such an affiliate program is worth your time.
The percentage of a sale that’s funded by an advertiser to an affiliate for referring a new customer. This percentage can range from the low single digits up to 50% or higher.
2. Earnings per click.
Not all affiliate programs pay you per click but you can be very lucky to find a very few ones who are ready to compensate you on every click.
The income an affiliate earns for each click to an advertiser’s website from an affiliate link. This definition is a little misleading as the true definition of EPC calculates the amount per 100 clicks.
3. Cookie Duration.
A web cookie is a small piece of data sent from a website and stored on the user’s computer by the user’s web browser while the user is browsing.
Cookies were designed to be a reliable mechanism for websites to remember stateful information (such as items added in the shopping cart in an online store) or to record the user’s browsing activity (including clicking particular buttons, logging in, or recording which pages were visited in the past).
They can also be used to remember arbitrary pieces of information that the user previously entered into form fields such as names, addresses, passwords, and credit-card numbers.
In most cases not all affiliate would convert immediately and this can be very bad experience because you tend to spend a lot on marketing.
But with the help of cookies, referral link and information is stored by default on the browser so anytime the lead is ready to convert into sales then the link is automatically counted on your behalf.
For example, with a 30-day cookie duration, this means that if a user clicks an affiliate link and makes a purchase within 30 days, the affiliate receives credit for the sale.
Standard cookie duration’s are typically 30 days. You can find programs as low as seven days and as high as 90+ days. Longer cookie duration’s are a standard feature of programs I recommend.
The Best Affiliate Networks to Join in 2020
I am going to be curating a list of high paying and sure affiliate networks based on their niche.
You can pick anyone that suits you well and sign up to their networks.
Website and WebHost Affiliate programs.
Do you know that there are over 1 Billion websites currently hosted in the world today.
this stats simply establishes the fact that the web has become a global market.
Web hosting is one of the most popular affiliate marketing categories in the world.
1. Blue Host
The Bluehost affiliate program is super popular in the web hosting space. With their plans starting at $2.95/month and one-time payouts starting at $65+, the cost barrier is low, and the commissions are high.
bluehost affiliate program
After you sign up for their program, you will get credit for referrals up to 45 days after the first click. Payments occur between the 16th and the end of each month, and you’ll need at least $100 to release your payment.
By promoting Blue host, you’ll enjoy high conversion rates and have access to text links and banners to help them quickly.
Shopify is the world’s most popular eCommerce website builder, they presently have over 400k + active subscribers and a substantial 200% commission on paid stores.
Shopify is quite very popular and so many users would like to take them for a spin so you can try them anytime.
Weebly is a simple website builder with an impressive 40 million+ users.
It is not the most advanced website builder, but their drag and drop interface makes it very easy to build a quick website.
They offer a 30% recurring commission for as long as the customer is active, and feature a generous 120-day cookie.
Wix is another high-quality website builder with an insane 100 million users.
They provide their affiliates with $100 per sale and feature a lot of great landing pages to use in multiple languages.
5. Wp Engine.
WP Engine is a web host platform that has one of the highest affiliate payouts, starting at $200.
They are a powerful web hosting platform and one of the premier web hosts for bloggers that write about WordPress plugins and themes.
Their program features incentives and pricing tiers.
If you get five sales, you receive an extra $100.
For ten purchases, you get $250.
They also offer a two-tier program – you can earn $50 for any sub-affiliates you refer to their platform.
WP Engine has an industry-leading 180-day cookie duration, which gives credit for sales up to 6 months after visitors click your affiliate link.
The only difficult and the most difficult issue with this high paying platform is that their services are quite expensive and this might be difficult for you to convert users.
GetResponse is a complete online marketing solution.
It provides newsletter publishing and hosting features, as well as unlimited follow-up autoresponders, landing pages, webinars, marketing automation, and CRM to deliver information to your contacts and convert them to paying customers.
getresponse affiliate program
The GetResponse List Building Program is a free, comprehensive email marketing course that covers everything you need to know to grow your list by up to 10,000 subscribers in as little as 90 days.
click the link to sign up
Ecommerce Affiliate Programs
E commerce stands for electronic commerce.
You dont need any soothsayer to tell you that the world is gradually shifting from physical commerce accompanied with the use of physical shop to setting up E stores for transcations.
The present richest man in the world now is the Founder of Amazon and his name is Jeff Bezos.
Jeff Bezos started Amazon in the late 90’s and now we all can see all he has become.
In very few Light years from now, Every damn thing we see will become virtual and become transactable only through the use of online platforms such as E commerce websites.
You can benefit a lot of money as a middle man for an e commerce affiliate program.
All You just need is sometimes A website, A social media account and a very large email list if you can get hold of that.
Here are the very few legit E commerce affiliate prgram To Join.
The Amazon Associate is an affiliate program for Amazon. It allow you to generate Referral Links, Banners and I frame widgets that can be embedded alongside you sales channels.
Commission are distributed based on what you are able to sell.
There are various categories You can choose from, all have their various commission attached to them.
Mode of payment is either direct bank transfer or PayPal.
amazon affiliate marketing program in most cases is favorable to US citizens.
You should bear in mind that Amazon associate is meant for both US and Non US citizens.
E bay is another giant e commerce platform in the world with over 1 billion users world wide.
You get to earn commission based on any sale generated through your affiliate link.
Commissions are paid via PayPal and Direct bank transfer for US citizens.
click the link to get started with E bay Partner program.
3. Ali express.
Chinese giant sales machine, Owned By Asian Billionaire Jack ma is another platform not to ignore.
Ali Express is one of the leading merchant in Asia with over 1 Billion sales annually.
The chinese have a very cheap and affordable market which makes the world want to patronise it.
You can earn money also as an Ali Express affiliate by simply recommending sales and sending visitors through your affiliate link.
Payments can be made monthly but please note: the processing time for the order is 50-70 days i.e. every buyer you bring to Aliexpress makes a profit immediately, and you – only in 2.5 months.
Affiliates set a different minimum amount for withdrawal of funds. As a rule, it’s about 10 dollars. And they can also charge a commission for withdrawing funds.
After you’ve gone through a simple registration process, set up your profile and see what you will have to work with.
For example, you will need to approve the sites for placing affiliate links with program moderators.
Most often you will work with two tools of the affiliate program – Affiliate Link and DeepLink.
This is the AHA!! Time for any African or Nigerian reading this article because finally there is something in store for you.
Jumia is an e E commerce platform based in Africa.
Jumia is presently operating in over 6 African countries which are.
7. Ivory Coast
9 . Senegal
Jumia is mostly refered to as the Alibaba and Amazon of Africa because of their wide reach and audience which made it one of the first African based companies to be listed in the US stock exchange.
There are over 5 Million sales on the Jumia platform monthly most of which includes external vendors for all over the nation.
You can become a middle man today for Jumia and Earn over $500 monthly on every sales generated through you.
Promotional materials includes Banners and custom referal Links that can be embedded in Your website and sent throughout Your Social media pages.
Sport Affiliate Programs.
The sports industry is predicted to reach $73.5 billion in market value in 2019.
This revenue includes media rights, merchandising, sponsorship’s, and the rise of fantasy sports.
with variety of sport lovers all around the world you can generate revenue from sports affiliate.
here are a very few sport affiliate programs to join.
Commission: 5% on average
Cookie Duration: 30 days
affiliate marketing vs mlm
Commission: Up to 10%
Cookie Duration: 7 days
Commission: $25-35 per signup, 35% rev share for referrals’ first 2 years
Commission: 9% of sales
Cookie Duration: 365 days
Taylor Made is a golf affiliate programs
Commission: 5% of sales
Cookie Duration: 30 days
6. Under Armour
Commission: 5% of sales
Cookie Duration: 30 days
You earn on every successful reference
Cryptocurrency affiliate Programs.
Crypto currencies are becoming very popular now with a lot of people making money from it. You can start today and begin earning money.
The momentum behind crypto currencies is increasing withing a very short while.
Many bitcoin programs are similar to referral programs, whereby registering users, you make a cut of their trades for up to a year.
Here are a very few Crypto affiliate programs you should join.
1. Binance (referral program).
affiliate marketing vs network marketing
Commission: 20% of referral’s trade fees, 40% if holding 500+ BNB
Payout: Pay in real-time to Binance account
2. Coinbase (referral program).
Commission: When a user buys $100 of BTC, receive $10 of BTC
Earning period: Once per customer
Travel Affiliate Programs.
Let’s say you’re a travel blogger with very huge audience and lists
You can recommend hotels, travel packages, airlines, and travel equipment from travel affiliate companies and get a referral fee from each sale.
There are also a lot of customization options.
You can integrate ticket booking sites into your website, choose specific destinations.
Booking.com offers flights, hotels, car rentals, and airport taxis. By joining, you get access to over 2.2 million properties, and they offer 4%, but there is a downside as the cookie expires when a user closes their browser.
As an affiliate, you’ll make money each time a booking is made or a property is referred through your website.
You can use Banner , links, maps and even a WordPress plugin for webmasters and bloggers.
Travelstart Allows you sell cheap flights on over 500 airlines flying to more than 11,000 destinations.
You will earn 70% of the airline commission or profit with every paid booking when you use your affiliate tool.
whether you are a travel agent, blogger or looking to make more money from your customers, you can sign up today for free and be on your way to earn money as a blogger.
Expedia is a major global travel brand that is the parent company of others on this list.
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They allow their affiliates to promote over 260,000 bookable properties with 150 websites in 70+ countries.
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You have to sign up to commission Junction to get access to their affiliate program
Hotels.com is another way to make money with hotels and they offer localized services with 85 websites in 35 languages.
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They also have over 15 million members in their rewards program. They offer 4% and 7-day cookie duration.
You have to sign up to commission Junction to get access to their affiliate program
Health and Beauty Affiliate Programs.
Fashion Affiliate Programs.
Fitness Affiliate Programs.
Gaming Affiliate Programs