Affiliate marketing is considered the most profitable way to earn money out of your website. Because you don’t need to have any product or service to offer. You are just earning by promoting someone else’s product. Of course, the merchant must take care of the quality of their product or service. To start with affiliate marketing, you need to sign up as an affiliate.
Well, there are too many affiliate programs on the internet, but you shouldn’t be joining everything. So instead, we will tell you why you need to choose your own top paying affiliate programs.
What’s That Top Paying Affiliate Programs?What’s That Top Paying Affiliate Programs?
These top-paying affiliate programs simply refer to the best high-paying affiliate programs available in each niche. As we already mentioned, there are too many affiliate programs on the internet, but it is not recommended to join all those affiliate programs.
If you just join all those affiliate programs and promote everything, you simply waste your precious time and resources. Because if you advertise everything randomly, then your readers will get confused. And it will lead to complete chaos.
If you want to make a reasonable sum of money within a short period, you must pick your own top-paying affiliate programs.
How to Find Affiliate Programs?How to Find Affiliate Programs?
Finding an affiliate program is quite simple these days. Almost every premium company started their affiliate programs and having more sales. If you are using any premium services and you are happy with them, you need to consider joining their affiliate program, promoting it.
For example, here, we are using Cloudways as the hosting partner. And we are pretty happy with the hosting. So, to find their affiliate program, a Google search like “Cloudways affiliate program” will do the job.
In most cases, the first search result would be the affiliate program registration/log-in page. Now, search for the popular Amazon affiliate program. All you need to do is, remove cloudways from the keyword, add Amazon instead.
So, the search keyword would look like “Amazon affiliate program”.
Like this, you can find affiliate programs, join them. You do not need a premium subscription for becoming an affiliate. Without paying any money, you can become an affiliate and start promoting the products.
In most cases, an email and password will do the job with some personal information.
How to Choose the Right Affiliate Program?How to Choose the Right Affiliate Program?
We will tell you 7 reasons why you must pick your own top affiliate programs. Of course, choosing these affiliate programs will depend upon your niche, commission per sale, etc. In this article, we will also explain to you what will be the impacts of these factors.
1) High Commission per Affiliate Sale1) High Commission per Affiliate Sale
The first and foremost thing that we will ask anyone to do before joining an affiliate program is to check their terms and conditions. You need to find out how much commission they will pay you for each sale and their cookie period. Because you always need to choose the one that pays you the maximum.
Consider an affiliate program that will pay you a 20% commission every time a sale gets generated. And, when you check the merchant’s website, you notice that all their products are priced at just $10.
Thus, 20% of $10 will be $2. So, for each sale, you will get only $2. So, to earn $100, you need to make 50 sales (50 x $2 = $100).
Do you think this is worth your promotion effort?
We won’t recommend you promote this stuff.
On the other hand, consider another affiliate program, which also pays you a 20% commission. But, all their products are ranged around $150.
Thus 20% of $150 will be $30. So, just by making 4 sales, you will be able to earn more than $100 ( 4 x $30 = $120).
It is always better to go with the second kind of affiliate program because you will put the same effort into promoting both products. So, why waste your income by promoting the former one?
Some affiliate programs also offer a flat commission for each sale, like WPEngine offering a $200 commission for each affiliate sale.
2) Reaching the Payment Threshold Faster2) Reaching the Payment Threshold Faster
Once the balance of your approved commissions (both one-time and recurring is more than $$$, your commissions are eligible for payments and will be automatically included in the next payment round. Payments are made via PayPal between the 15th and 20th of each month.
Whenever you join an affiliate program, you could notice something, like minimum payout. What’s that?
A merchant will find it difficult to pay you for small affiliate commissions. Because they will have to consider the transaction charges too. So, to reduce these transaction charges, they have set a minimum payment threshold.
If you are earning through low-paying affiliate programs, obviously, it’s going to take a massive amount of time to reach this payout. But, on the other hand, if you choose these top high-paying affiliate programs, you can quickly get this minimum payout every month.
And, if you are joining affiliate programs under affiliate networks like ShareASale, Cuelinks, VCommission, etc., you will be able to join many affiliate programs. So, you can reach the payment threshold even faster.
3) a Micro-Niche Site Is Enough for Promotion3) a Micro-Niche Site Is Enough for Promotion
You need to spend some time finding the right high-paying affiliate programs for you. If you notice, these top paying affiliate programs will be on a particular product. For example, if you consider, BlueHost, their main product is their hosting service.
See, now your focus reduces to hosting alone. So, now a micro-niche site covering up everything about hosting is sufficient to get you many affiliate sales every month for BlueHost.
This will save your time and effort, Because you can create a micro-niche site in a short period, unlike high authority sites, which will take years to establish themselves.
4) Lifetime Recurring Commissions4) Lifetime Recurring Commissions
You’ll receive a monthly recurring commission for the lifetime of the customer. The affiliate program will stop paying the recurring commission if the customer cancels the subscription.
This is something special about affiliate programs. These affiliate programs actually promote memberships and subscriptions.
So, when you refer a customer to these membership programs, your earnings will not stop with just the initial sale commission alone. Whenever this customer renews his membership or subscription, you will be paid a commission.
This looks cool, right?
Just by referring a single user, you are earning lifetime commissions. Some affiliate programs will give you a lifetime recurring commission, whereas some will provide just for one or two years. You need to check these details in their terms and conditions.
You must focus on this kind of affiliate program because it will help you build a steady affiliate income every month.
5) Better Brand Value5) Better Brand Value
These top-paying affiliate programs usually have better brand value. So, when you promote such kinds of products to your users, you can easily maintain your reputation among them.
Referring services like Pixpa with good brand value can help you get referrals quickly.
If you find something paying very high but having a poor brand value, you must think twice about promoting this product. If a company does not have good branding, then it might be offering the worst service.
What will be the impact of promoting such brand products?
When you recommend such a product to your readers, and if these readers try that service and get to know about their worst quality, it will reflect on your own reputation.
6) Focusing on Targeted Traffic6) Focusing on Targeted Traffic
If you want to refer a sale, you don’t need a massive traffic volume like high authority websites to get. However, a considerable traffic volume will help you generate revenue from Google AdSense, not affiliate marketing.
Even if you get a considerable volume of traffic to your website, do you think everyone will click your link and buy products?
No, they won’t. A very few might. But not the majority.
To get these affiliate sales, you need those highly targeted traffic.
For example, a person browsing for the keyword “OnePlus 6” need not buy the product. But, on the other hand, a person browsing for the keyword “OnePlus 6 Review” has a better probability of purchasing this product.
So, here the keyword, “OnePlus 6 Review”, will become a targeted keyword. So, to make affiliate sales, you must focus on getting traffic from these targeted keywords and not from very generic keywords like that “OnePlus 6”.
7) Commission Structure Based on the Number of Sales7) Commission Structure Based on the Number of Sales
Specific top affiliate programs have a commission structure based on the number of sales rather than the value of sales.
What does this kind of commission structure refer to?
Let us tell you an example.
GreenGeeks, one of the famous web hosting companies, offers this kind of commission structure for their affiliates. When the affiliates bring 1 sale a month, the commission would be $50. When they refer 2 people, the commission would be $60/ sign up for the month.
Like this, if an affiliate can refer 10+ people to their platform, a custom rate will be applied.
So, look for affiliate programs with this kind of commission structure because you can multiply your earnings quickly by promoting one product alone.
These are the 7 tips that we want to share on how to choose the right affiliate program.
Wrapping UpWrapping Up
If you check the internet, you will see hundreds of thousands of affiliate programs. Joining them all will never give you a good income. Instead, when you plan on joining an affiliate program, keep these seven tips in your mind.
Join the best ones, start investing time in the promotion. It will probably give you more returns.
If you have any questions regarding affiliate marketing, let us know in the comments section.
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