This article will investigate what affiliate marketing is, the various affiliate networks that affiliate marketers use, and the best way as to how to get started with affiliate marketing.
What Is Affiliate Marketing?
Affiliate marketing is a simple process. It is a transaction of a buyer being referred to the sales page and the buyer buying a product.
You (the referrer) the affiliate, get paid a commission by the merchant. Affiliate commissions range from 4% to 20% for physical products, and 10% to 75% for digital products.
Digital products have higher commissions because the product creation and distribution costs are lower.
A physical product, on the other hand, needs to be manufactured, requires transport, warehousing, marketing, and delivery costs.
Affiliate Marketing Programs
Amazon was one of the first companies to offer people an affiliate marketing program as a way to make money online.
Amazon’s affiliate program is called Amazon Associates. You can sign up for it by scrolling to the bottom of any of Amazon’s regional sites, and clicking the link, ‘Become an affiliate’.
You will then be directed to the Amazon Associates’ page where you can learn more about their program.
The Amazon Associates program’s sales commissions can be low depending on the product you are promoting. Sales commissions range from 4% to 10%.
While these are not generous commissions, Amazon has a unique affiliate program.
When you promote a product from the Amazon website, you can earn affiliate commissions on more than the product that you are promoting. You may refer someone to buy a book that retails for $10.
You earn 4% of the sale price of the book. But if they decide to purchase a new TV whilst on the site, you earn a commission on the $1,000 TV as well, which means you earn $40.40. And that is only one customer.
Get enough traffic that converts and you can earn a sizable paycheck.
Clickbank is a platform for merchants and affiliates, which mainly deals in digital products. They do however have some merchants that sell physical products.
The digital products that the merchants sell can either be accessed from the merchant’s membership portal (website) or be a video course or eBook that can be downloaded from a merchant’s website.
Merchants can sign up to sell their products using Clickbank’s payment processing as well as having Clickbank recruit affiliate marketers to promote their products.
Signing up to become an affiliate on Clickbank is as easy as clicking a link to join as an affiliate, and filling out a form with your personal and payment details.
The Clickbank platform is a website that lists all the product niches in a menu for affiliates to choose what products they want to apply to promote.
Their catalog houses many different niches. Some contain a good selection of products while some only contain a few.
The most popular topics that contain the most products are e-business and e-marketing, self-help, and health and fitness.
Selecting a niche on Clickbank is a bit more difficult than on Amazon as these are information products that you need to have had some experience with to promote and advise people that the product that you have selected is a good product. But there is training available for this.
Jvzoo, short for Joint Venture Zoo. This is what affiliate marketing is. You are entering into a joint venture with the merchant by agreeing to promote their products and they agree to pay you are sales commission in return.
JVZoo’s marketplace works somewhat differently to the Clickbank marketplace.
Most Clickbank merchants are more agreeable to letting anyone that is willing to promote their product permission to do so. JVZoo’s merchants are a bit more selective.
You will mostly find that JVZoo merchants prefer that you are an experienced affiliate and that you have made some affiliate sales.
With that in mind, they prefer to reserve the right to approve who can promote their products.
Some merchants create products that offer to help you get started promoting products with JVZoo by approving you on the basis that you have done their training and have bought their product.
This can help you kick-start your affiliate marketing career with JVZoo.
The thing you need to be mindful of with being an affiliate is that you should only send qualified or targeted traffic to the merchant’s sales page.
If you break this rule, merchants have the right to suspend your right to promote their product.
Warrior Plus is an affiliate network that was born as a product of the Warrior Forum, which is still very popular. Warrior Plus is similar to JVZoo in that merchants don’t readily approve affiliates to promote their products.
The difference between Warrior Plus and JVZoo and Clickbank is that Warrior Plus’s products are mostly products in the ‘Make Money Online’ niche.
Many of Warrior Plus’s products have a low front end price point, but most products contain a lot of upsells increasing in price with each product offering.
Getting Started With Affiliate Marketing
My recommendation to get started with affiliate marketing is to look at some products you have around the house that you use every day. You have a few choices.
You could select an expensive item that you have considerable user experience with, like a computer (which is still being sold on Amazon), or you could choose a product that you purchase regularly.
Products that you purchase regularly could include baby products, paper towels, or washing powder.
All these products can be bought in bulk and can provide good sales commissions per purchase.
Another thing is that people that purchase these products in bulk, don’t just buy one product in bulk they buy a lot of products in bulk. More commissions earned.
Amazon is the best affiliate program to get started with, as what people that are searching for is information on the products and your personal experience with them. They are not looking for a copywriter’s sales page.
With more training in how to further your education in affiliate marketing, you can move on to promoting digital products with Clickbank, JVZoo and Warrior Plus. But this is the best way of how to get started with affiliate marketing.
For more guidance, learn more …..