Affiliate marketing is a performance-based business.
In this type of program or arrangement. You get paid on commission. Either by promoting someone else’s products or service.
Four people are usually involved in an affiliate marketing program, while in some cases, three people are involved.
These individuals include the merchant, the network, the publisher, and finally, the customer.
However, affiliate marketing involves two parties: The product manufacturer or seller, and the affiliate marketers.
That means affiliate marketing involves spreading awareness and product creation across several persons, where at the end of the day, each person gets paid according to how much they contributed to the success of the product.
Companies and firms depend very much on affiliate marketing to generate revenue from sites that they may struggle to sell advertising space.
The idea behind affiliate marketing is quite simple.
What you do is register for an affiliate program for a particular product, and your application is accepted.
You will then be permitted to use the product’s link on your page. If someone clicks on that link and subscribes to that product. You will then be paid a commission.
That makes affiliate marketing a window through which you can make money online.
Knowing which to join or subscribe to, however, can be such a hard task.
This is because there are numerous affiliate marketing programs available today.
We will discuss some of the best affiliate marketing programs and how you can benefit from them.
Below are some of the best:
Awin is believed to be the biggest affiliate marketing programs available.
The program is said to have over 200,000 publishers, 15,000 advertisers, and records from 2018 showed that the affiliate marketing program generated over 139 million sales.
On this platform, publishers are allowed to sort through different products and services and choose the ones that are best for them.
When their requests are accepted, they go on using targeted links to generate affiliate incomes.
Many companies put their products up for many publishers to see. So you have a wide range of options to pick from.
Some brands on there offer multiple products as well. This affiliate program is easy to use and gives you many options.
The drawback, on the other hand, is that it is picky. That means that some brands don’t accept everyone, they decide on who they want.
The implication of that is your request to become an affiliate marketer can be declined.
This affiliate marketing program has a large product catalog and is very easy to apply. Unlike Awin, Amazon associates acceptance is quite simpler.
Amazon is one of the largest platforms to buy and sell products. That makes joining Amazon associates the best decision.
It is absolutely free to join this program.
As soon as your request to join is approved, you are permitted to sell any Amazon products.
You can even sell the ones belonging to third parties without getting authorization from them.
On this platform, you’re entitled not only to commissions from the products that were advertised but on any other purchase made on Amazon for 24hours after referral.
The downside of this platform is that Amazon associates changed its terms regularly, and sometimes these changes affect how much commission is paid to its members.
Therefore, the earning ability is not what it used to be.
This affiliate marketing program was established over 20 years ago. CJ Affiliate has a product widget feature that can be embedded on your site, and they use a slideshow to display many products.
An additional feature on CJ affiliate is that it has deep link automation that automatically monetizes the links that result in a CJ advertiser domain, as well as transfer monitoring in real-time.
The operational process is the obstacle in this affiliate program. The first issue is for you to apply; your website will be needed. This means that they’ll have to find you worthy and qualified to become a partner.
Criteria like traffic, quality of content, and optimization will be considered. So many sites that fall short of these criteria will be denied approval.
The second one, on the other hand, is you will need to apply to the vendors of each product you want to sell. If you’re looking to sell seven different products, for instance, you’ll need the approval of the seven vendors.
Some of them may turn down your request. The CJ Affiliate marketing program is one of the most difficult programs available.
This affiliate marketing program has thousands of vendors in its books. They have been in existence for over 18 years and were taken over by Awin recently.
Their product features include sports wears, beauty products, luxury items, etc. They have over 5,000 vendors who provide you with different options.
A power rank system is usually used by these affiliate marketing programs to connect users to vendors. Registration on this site is free.
If you have multiple sites, for instance, you can all register them at no cost.
Payouts are the major issue with ShareASale. They have a payout threshold of $50, which can be quite difficult to attain as a new website.
Also, your account can be erased if you remain at a $25 status.
This program is relatively new to the affiliate marketing program as it has only been in existence for six years.
In 2016 and 2017, it was named among the ‘5000 Fastest Growing Companies In America’ by Inc.
Product owners can list their products in their marketplace for free. The rule, however, is that JVZoo gets 5 percent automatically when a sale is made. The demerit is that payments can only be made through the PayPal option.
Also, if you ever request a refund, commissions will be taken back.
To Wrap It Up
These are some of the best affiliate marketing programs around. Make sure you look at what to gain from each and what you stand to lose before choosing one. ‘
The question of best cannot be answered as it is dependent on individual preferences.
Learn more about finding the best affiliate marketing program for your niche/passion in this free online entrepreneur course.