Best Affiliate Programs to Make Money
Affiliate marketing is a lucrative business, particularly for anyone who has significant traffic coming to their site. However, to be successful and join the ranks of super affiliates, you need to know how to find the best affiliate programs to make money.
Thanks to the impressive results generated, many companies are willing to pay handsomely to have a 3rd party advertise their products and services. Therefore, these programs keep mushrooming by the day, which makes finding the best affiliate programs to make money a bit more challenging.
But don’t worry. If you’re wondering how to find the ideal programs, you’re in the right place. This article includes some insightful information to help you choose the best programs. Keep reading for some more information!
Types of Affiliate Marketing
To choose the best affiliate programs to make money, you need to be familiar with the different types of affiliate marketing available. Once you have selected the style that works for you, it becomes easier to narrow it down to the best programs.
There are three main types of affiliate marketing, which we discuss below:
Unattached Affiliate Marketing
This is an advertising model where you, the affiliate, have no connection with the products you’re promoting or the targeted audience. Unlike other forms of affiliate marketing, here, you have no presence or authority in the product niche. Instead, all you need to do is place the affiliate links on websites or any other advertising platform and hope that someone clicks on the link and earns you a commission.
Many new affiliates will be tempted to employ this marketing model because it is the least involving. You won’t need to take the time to build an authoritative presence in a specific niche. Further, you can advertise as many products as you want since all you need is to place the links in the right place.
However, this model isn’t as easy as it sounds. For starters, it becomes a tad more challenging to convince people to buy the advertised products. Therefore, you may end up spending a lot on ad campaigns without much success in making sales.
Another thing worth noting about this model is that it tends to focus more on generating income than satisfying the customers. Because you have no authority as an affiliate, you don’t get to establish a relationship with the end-user. Instead, you focus more on earning your commissions, which, again, isn’t guaranteed.
Related Affiliate Marketing
Just as the name suggests, this type of affiliate marketing requires some sort of relationship between the affiliate and the products or services being advertised. Usually, the affiliate has some form of online presence, which may be a blog, podcast, YouTube channel, or any other social media platform.
In related affiliate marketing, you only promote products and services in your niche. For example, if your blog focuses on financial advice and tips, you may become an affiliate for a company that has financial products, even if you don’t use them.
In this advertising model, the affiliate is a trusted source, thanks to their influence and expertise in the said niche. However, they don’t claim to use any of the products they use. Although you can make quite some money through this kind of affiliate marketing, you have to be careful to choose the right product. Promoting a product or service that your audience doesn’t like could break their trust, making you lose your authority. Therefore, even if you know the company selling the product, ensure the product is legitimate and to be trusted.
Involved Affiliate Marketing
Involved affiliate marketing is the most popular type of affiliate marketing and relies on the connection between the affiliate and the audience. In this model, the marketer only recommends products and services they have used and draws their reviews from personal experiences.
This type of affiliate marketing is quite effective, especially for those who give honest feedback. As is the case with related affiliate marketing, you need to choose the right products to avoid ruining your reputation and authority in the niche.
In involved affiliate marketing, you become the trusted source of information. Having to test out the products before recommending them may be a good or bad thing, depending on your niche. Some products may require that you use them for a while to get the complete experience, while others will not take much of your time.
Although you are allowed to go for whichever type suits you best, we would recommend involved marketing. Sure, it will take some time to build up an online presence and become an authority in a particular niche. However, it pays out better in the long term, thanks to the trust and transparency established with the audience. With time, selling products becomes much easier since your site visitors trust your judgment.
3 Factors to Consider When Choosing an Affiliate Program to Make Money
So, you’ve already decided on the kind of affiliate marketing you want to do. What next?
Once you have settled on a particular type of marketing, you need to find the ideal program. For this, you may choose to either venture out on your own and contact merchants by yourself or join an affiliate network, like ATraffic.
Deciding between the two boils down to preference. However, you may find that using an affiliate network boosts you significantly since you don’t do the heavy lifting yourself. You only need to focus on generating leads and converting them into sales. Joining an affiliate program independently will require that you work with multiple programs, each with varying materials, tools, and platforms.
Even if you join an affiliate network, you will have to pick out the best offers to make money. Here are a few things you should check to help you make the right choice.
Type Of Affiliate Program
Just as there are different forms of affiliate marketing, so are there various programs. The merchants will set their terms, making each program’s inner details unique. However, they all fall under the following major categories:
- Coupon programs
These are, by far, the most popular programs available. For these programs, you will offer your audience coupons and discount codes. You then earn a commission for every purchase made. These programs are lucrative since they attract even new customers, increasing your earning potential. Besides, they are an excellent method of increasing traffic to your site.
- Influencer marketing programs
These programs are still relatively new, although they are gaining momentum in the digital marketing niche. Here, the affiliate is an authoritative voice in a particular niche and promotes specific products and services as a brand ambassador. Often, merchants offering these programs will look for affiliates with a large following and send them free samples of their products to advertise them to their audiences.
- Content marketing programs
It is worth mentioning that almost all affiliate programs will require some form of content marketing. However, some rely heavily on the same, hence their name. These marketing programs rely on website owners to create blogs and other web content promoting their products and services. As such, you must have a website and significant traffic to earn substantially. Content marketing programs also include those that require YouTube video marketing or any other kind of social media marketing.
- Email marketing programs
This is another popular choice for affiliate marketers. Email marketing programs require that you send a series of emails to the audience to get them to take a specific action. Although they are not too complicated, you will have to work with some email automation software to ensure your campaign succeeds. Therefore, it helps to be acquainted with some of the available options. It is also advised to understand what constitutes SPAM to avoid any legal issues.
Type Of Product Or Service
We’ve already mentioned this before in the article, but we must insist that choosing the right product is crucial to your affiliate marketing business.
Picture this; you have managed to build an online presence for a particular niche, which probably took a fair amount of time. By now, you have quite the following of people who trust your word and what you say. A new merchant comes along with some lucrative benefits for you as the affiliate. And since you know them, you decide not to review the product yourself but instead trust their word. The product turns out not to be good, and your audience lashes out on social media, tarnishing your name and all that you have built. Disastrous, right?
When deciding the best affiliate programs to make money, first ensure that you are familiar with the product and its functions. Take your time to use and review the product or service. It also helps to read through what other users have to say across different platforms.
It would be best if you also considered whether the products are physical or digital. The latter will be much easier to advertise since all you need is an internet connection. However, if you are promoting physical products, you must keep in mind certain aspects such as packaging and shipping. Also, companies with physical products typically offer lower commission rates.
Type Of Commission And Payment Structure
Affiliate programs differ in their commission and payments structure, reflecting a difference in how much money you make. Before getting into an agreement, check that you are familiar with the payment structure, and it works for you. Some programs will only offer a percentage of the sales as a commission, while others will provide both commissions and flat rates.
Here are some of the common commission structures you should expect:
- PPC- pay per click: These programs pay out a commission whenever a lead clicks on the affiliate link on the marketer’s site. In other words, affiliates earn commissions for generating traffic for the merchant.
- PPL- pay per lead: Affiliates earn commissions whenever a site visitor enters a sales funnel by providing their contact information. These programs are particularly popular among email marketers since they store information in a database and use it to take the lead through different stages of the sales funnel.
- CPA/CPS – Cost per action / Cost per sale: This is usually a flat commission per sale. There will be certain requirements that need to be met such as a minimum spend amount. These types of payments are also generally once-off.
- Recurring commissions: These programs are popular among products and services that require commissions. The affiliate earns commissions as long as the referral keeps buying the products.
Tips for Choosing the Best Affiliate Programs to Make Money
Choose a reputable affiliate network
Joining an affiliate network will lessen the burden of finding high-end programs. If you choose a reputable option, such as ATraffic, you will access various a huge range of products across different niches. The best thing about affiliate networks is that the merchants are all vetted, reducing the chances of being part of a scam.
Check out your competitors
The trick to finding an ideal program is identifying what will resonate with your audience. Look around at what other affiliates in your niche are advertising and see if you can learn a thing or two. If a program seems to be working for another affiliate with an almost similar audience, there are high chances that it will work for you too.
Finding the Best Affiliate Programs to Make Money
Many people get into affiliate marketing but aren’t successful. One of the primary reasons for this is that they probably chose the wrong program. Although affiliate marketing largely depends on your efforts, you must also be keen to choose the right program if you want to make some money.
Choosing the best affiliate program can certainly be challenging. However, joining an affiliate network ensures you don’t go to the trouble of filtering out the programs. At ATraffic, we have an expansive network of affiliates and merchants across the globe. Join us today to access this diverse range and get started on your affiliate marketing journey.