Have you ever dreamed of a job that can earn you a lot of money even while you sleep? For some people, affiliate marketing is the answer to this dream. To get started, they join an affiliate network and find merchants they want to help in product promotion.
But what is an affiliate network? Why go through this instead of talking directly with the seller? We’ll be discussing the answers to these as you read on.
Advantages of an Affiliate Network
Affiliate networks function as the middleman between merchants who make the products and the publishers or marketers who sell the commodities found in the network. These platforms earn by charging merchants a percentage of the amount paid to affiliates.
By joining an affiliate network, merchants receive tools for reporting, payment tracking, refund processing, and management of affiliates. They also gain access to a huge database of marketers who have been filtered by the affiliate network for authenticity. This way, merchants can become more confident in dealing with marketers who have passed preliminary screenings to confirm their legitimacy.
For marketers, affiliate networks give them a central repository of available merchants which can be organized and filtered by category or by popularity. They also receive access to tools for reporting and analytics, payment processing, and affiliate program management.
You can straightaway communicate with a merchant and become a direct marketer but this can be a risky thing to do. It’s also challenging to find merchants who will hire you directly since most of them prefer the benefits offered by affiliate networks.
Marketers are often free to join the network but this isn’t always the case for merchants. Merchants are typically charged with setup and recurring membership fee in order to participate in the network.
There are two types of payout models that affiliate networks use to manage commissions: the cost-per-sale (CPS) and the cost-per-action (CPA).
Cost-per-action (CPA)
This method pays out affiliates after a specific action is made by a potential customer. This is somewhat similar to a referral or lead and is usually represented by link clicks, form submissions, impressions, sign-ups, opt-ins, and registrations.
Since the CPA model doesn’t involve making a sale, payment for this is way smaller compared to the CPS model.
Cost-per-sale (CPS)
Also known as pay-per-sale (PPS), this method is usually low-risk for merchants but high-paying for marketers. This is usually the model marketers choose. This revenue-sharing model is also the preference of merchants since this poses a lower risk for them. All the risk is assumed by the marketer who creates content to promote the product and only gets paid when a successful sale has been made through a special link provided to them.
Selecting the Best Affiliate Programs
Here are the best affiliate programs you can find online:
AdCombo
AdCombo has its own in-house platform which you can use to configure your campaigns to reach a larger audience on a global scale. It emphasizes more on quality over quantity, which is why they really take care of positive relationships between merchants and marketers.
Affibank
Affibank offers a marketplace of affiliate programs arranged in a comprehensive and organized way. They have high-paying affiliate programs in their database, with most of them offering up to 75% commission on sales. Programs listed under them use Affibank’s very own tracking system to monitor conversions and commissions.
Affiliate Partners Ltd.
Affiliate Partners Ltd. Is known for its high-paying affiliate programs in the sales, casino, trading, and gaming niches, among other industries and products they have in their database. Many first-time affiliate marketers choose this network due to its ease of use and the ample support of a professional team provided via Skype or email. They also provide fast payouts, making them one of the best affiliate programs around.
Amazon Associates
Amazon is the largest e-commerce site in the United States, with millions of products available to aspiring affiliate marketers through Amazon Associates.
Avangate
Not many people know about this digital advertising platform since it mostly focuses on providing global payments and subscription billing services to SaaS and software companies. Around 4,000 businesses work with them including Kaspersky Lab, Spyrix, FICO, Bit Defender, and HP Software.
Avantlink
This platform is geared toward improving affiliate referrals. Their technology is supported by a rapid implementation of upgrades and updates to ensure people are working on the best platform.
CJ by Conversant
Formerly known as Commission Junction, this network has generated more than a million customer conversions thanks to their high-paying affiliate programs.
Clickbank
Clickbank has been in the marketing industry for more than 17 years already. They’re one of the biggest online retailers you can join, with a vast catalog of more than 6 million products to choose from. With this massive collection, it’s no wonder they’re able to reach more than 200 million customers worldwide with their high-paying affiliate programs.
CommissionFactory
The goal of CommissionFactory is to make affiliate marketing easily accessible to anyone by providing an easy-to-use platform. Their performance-based affiliate programs help develop a symbiotic relationship between marketers, merchants, and agencies. Due to their low barrier of entry, its user base is exponentially growing, with more and more clients discovering the profitability of their affiliate program.
CrakRevenue
CrakRevenue is one of the most trusted affiliate networks in the industry. They offer quality products and exclusive marketing tools like MyFreeCams, surveys, and Smartlinks. Aside from these, they have a helping community who can guide you in getting the most out of the program.
eBay Partner Network
eBay is one of the most prominent e-commerce sites in the world, although little do people know about their affiliate program. When you become a member of the eBay Partner Network, you’ll get to enjoy using tools designed for tracking sales and generating performance reports.
FlexOffers
FlexOffers is a premium affiliate network that focuses on building a profitable relationship between trustworthy publishers and skilled marketers. Their network contains around 5,000 advertisers from various industries.
What makes them unique from other affiliate programs is their excellent customer service, best-in-class data delivery tools, and fast payout system. The way they execute these things enabled them to take the 8th spot from the recent review conducted by the Blue Book Survey for the Top 20 Affiliate Networks in terms of revenue and performance.
MoreNiche
Established in 1999, the vision of MoreNiche to help people attain their goals on health and wealth still remains the same. The products they sell focus more on these entities.
Olavivo
Olavivo is an affiliate network focused on selling products related to health and beauty and cryptocurrency. They offer unique tools which can provide a high level of professional service to users.
PeerFly
It’s an international affiliate program that has won many awards for its features. The platform is able to eliminate the costs and the risks found on typical advertising methods by employing the help of thousands of professional affiliate marketers online. These marketers are only paid when a lead or sale has successfully pushed through.
Rakuten
It’s used to be known as Buy.com and is one of the top 3 e-commerce organizations for its sheer number of customers and product offers. With over 18 million customers looking at over 90,000 products posted by more than 38,000 affiliate merchants, it’s no doubt they offer one of the best affiliate programs out there. Their e-commerce website named Rakuten Ichiba ranks first in Japan and is one of the biggest in the world in terms of sales, all thanks to their special business-to-business-to-consumer marketing model.
RevenueWire
Similar to Clickbank, Revenuewire is designed to sell products to users situated in more than 120 countries worldwide.
ReviMedia
ReviMedia is an affiliate network that focuses on the insurance, financials, and home services niches. They offer exclusive campaigns that focus on reaching both local and international markets.
What makes them unique and one of the best affiliate programs is their lead management tool called Px.com. Affiliates can monitor lead performance according to specific demographics, giving them business insights that can help improve their advertising campaigns.
ReviMedia is one of the few networks that’s flexible enough to operate campaigns with different integrations. Aside from this, they have flexible payment terms and are transparent with the changes they implement within the network. ReviMedia also gives access to over 2,000 publishers who you can directly contact for affiliate marketing campaigns.
ShareASale
ShareASale has been running for 15 years already and is one of the oldest affiliate networks still in operation. They’re known for their fairness, efficiency, accuracy, and speed in connecting both merchants and marketers.
Wide Markets
Wide Markets own a number of affiliate networks like Wide Markets Fashion™, Wide Markets eStores™, Wide Markets Media™, each delving on different advertising platforms. They’re also a known Champion member of the Performance Marketing Association, so you’re sure they highly value quality and credibility.
What makes Wide Markets on of the best affiliate programs is its cross-channel advertising capability. Merchants and marketers can choose the device they want to promote the product without having to worry about difficulties in tracking commissions and engagement performance.
Marketing High-end Products
This is where you’ll find the big bucks. By promoting high-end and more expensive products, you’ll be able to gain bigger commissions several times more than what you can get from a typical affiliate program. Of course, this will require a lot of work since it’s a highly competitive niche.
We suggest that you pursue this only once you’re used to how affiliate marketing works. These high-paying affiliate programs will require you to promote product launches so it will be to your advantage to have a long list of followers who are interested in affiliate marketing. Needless to say, this requires a higher level of marketing skill which you’ll eventually attain as you gain more experience in the sales field.
Once you’re ready, take a look at some of the high-paying affiliate programs you can join for product launches:
JVNotifyPro
This platform is made to entice JV partners to improve their business relationship by giving them advanced tools that they can use to enhance marketing success.
JVZoo
JVZoo has everything you need for promotion so you won’t have to use a third-party marketing tool to begin the job. Pick any product you want from their list of items found in the JVZoo marketplace. Commissions are sent directly to your PayPal account.
MunchEye
This has a better-looking platform than the JVZoo. It has a more organized display and features a JV launch calendar.
WarriorPlus
Established in 2006, WarriorPlus remains to be a place where the best merchants and marketers grow together toward success. The platform has tools for online product creation and marketing. It also has a dynamic community where you can interact with other members to help you achieve your goals.
The commissions for all of these are quite high. You can earn more than $1,000 for major launches and less for minor product launches. The amount really depends on which launch you choose to participate in.
Guide for Beginners in Affiliate Marketing
Since there may be some of you who are new to the concept of affiliate marketing, we’ve come up with a free 7-day training to fast-track your way to earning your first dollar using this online advertising method.
During the course, you’ll learn why thousands of people choose this method to become one of their passive income earners every month. It’s easy to learn and fun to do, which is why you’ll never feel like it’s a form of ‘work’ after all.
After the course, you’ll have an action-based plan on how to start in affiliate marketing. You’ll also be able to have your own website, complete with your own domain. You’ll also have it configured and ready for affiliate marketing, have the essential pages like the ‘About Us’ and ‘Terms of Service’ completed, and have the initial content to start generating traffic. In addition to these, you’ll also have your social media profiles up and running and have your strategy for sustainable traffic generation all planned out.
Conclusion
Affiliate marketing can be a lucrative income earner once you get the hang of using it. Whether you’re a merchant or a marketer, affiliate networks can help you tap into resources needed to promote products in the cyberspace.
The networks with the best affiliate programs usually provide tools you can use to manage your commissions and track the performance of advertising campaigns. Choose these networks over others who charge high fees but without much value-added features to offer.
As you establish your credibility as a skilled marketer, you’ll eventually gain access to high-paying affiliate programs where you can start raking in serious money. Aim for this to earn a sizable passive income. Maybe someday, you can rely solely on this for your daily expenses.
The post Best Affiliate Programs To Join If You Are A Beginner appeared first on Convert King.
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