Imagine making money selling a product that is not yours. You read that right, a good or service you have no clue how it was made. You don’t even participate in transferring the commodity to the customer. All you have to do is to refer a customer to the seller. That is affiliate marketing for you, and that is how easy it is to make money online in the 21st century.
There are three groups of players in an affiliate network. The businesses and individuals who want to sell their products. The publishers who will serve as affiliate advertisers. And the affiliate network company that links the businesses selling products to the publishers.
Payment models in Affiliate marketing
The way to make money from affiliate marketing is as a publisher. To do this you need to have a blog, a website or a means to market the product. Your pay as an affiliate marketer is calculated using two models.
1. (CPS) Cost per sale- Through this model you are paid a particular percentage when a customer you refer buys a good or service. The percentage you get is usually high often around 40%.
2. (CPA) Cost per Action- In this model, you are paid when an individual you refer does a particular action. This can be signing up to a website or clicking a link. The percentage paid in this case is usually low. The percentage is usually around 4% for most of the time.
The Five Best Affiliate Marketing Networks
The hardest part about getting started in affiliate marketing is picking the right affiliate network. Worry not, we are here to help you pick the most appropriate affiliate marketing website for your needs. Below are the best five from our experience.
Flexoffers.com was ranked number eight in a 2017 survey by Affiliate (CPS) Network 2015 Blue Book Survey. It, however, comes fifth in our rank because we believe it has some hidden gems. One, the network only allows trustworthy publishers to the network. This means you will have less competition. Additionally, the network has a large number of advertisers. The precise number is over 5,000+ advertisers. Their great customer care is an added bonus.
4. Affiliate Partners limited
Affiliate Partners is one of the oldest players in the marketplace. Even more important than that is the fact that it is the affiliate program with the highest payout. This is especially the case for niches fields such as trading, gaming, and casino. If you are an expert or blogger in this fields, Affiliate partners should be your friends. Additionally, payments are processed fast once you meet the minimum requirements.
3. eBay Partner Network
There is a good chance you did not even know that eBay has an affiliate network. If you didn’t, now you are in the know. The key advantage of joining this network is that you get a large variety of products to advertise. eBay also has tools through which you can track your earnings. A pay percentage of between 50% and 70% of eBay revenue is one of the main reasons why you should join the eBay affiliate marketing program.
Clickbank is in the top three because of its sheer size. The network started seventeen years ago and has been growing in size year after year. The network has over six million products and over 200 million customers. Clickbank mainly works on digital information products. One of the commonest products that are sold is ebooks. The commission is between 10-75%. Click bank also pays promptly and on time.
I know when it comes to Amazon.com, the world largest shop, you need no introduction. Their affiliate program is one of the largest and profitable out there. For one, you have a large number of diverse products to advertise. It is also easy to use. Amazon just gives you a custom link for each product and you are free to advertise it anywhere.
To get into affiliate marketing having a blog or website is a plus but not a must. You can still make money by advertising the products on social media or directly to your friends. It is that simple.