In the first quarter of 2021, the average annual pay for Affiliate Marketing only in the United States was around $150,000 a year, the equivalent of $2,884 per week or $12,500 per month.
Most Affiliate Marketing commissions currently range between $60,000 and $200,000. The best affiliate marketers reach a point of $400,000 annually, which is a magical value of around $33,333.33 per month. The average pay range in Affiliate Marketing varies greatly and depends on skill level, location, and years of experience.
Based on many websites and reports, you can assume that you could make, on average, around $162,443 per year or $13,537 per month.
How to be profitable in affiliate marketing?
When looking for investment and revenue, think about how to increase it in time without additional work. This can be done by promoting recurring affiliate programs and automating the process.
A recurring basis means the customers pay monthly for access to the product.
There are three types of recurring commission products, CPA, CPA + one-time offer, and ongoing commission. You can use all three methods.
A one-time offer, a single sale generates only a one-time payment, and there is no relationship with the customer.
- CPA, the visitor pays once and gets the option to subscribe to whatever you’re offering, usually a package of resources such as web hosting or autoresponders.
- CPA + one-time offer, the visitor pays once and gets a discount to buy the promoted package of resources through a single payment and lifetime license.
- CPA + ongoing commission means the visitor continues to become an affiliate of the merchant, buying products that are tied to your account, for example, a monthly added value like new templates, pictures, or credits.
So, if the customer is paying monthly, then the vendor can pay you a commission monthly on average from 5% to even 40%. To create consistent business and income, look for programs offering Software as a Service (SaaS). Mainly hosting, membership clubs, payment processors, VPN providers, or cloud storage offer recurring commissions.
Why do I get paid for affiliate marketing?
A company that wishes to have its products and services marketed and distributed creates affiliate programs, and virtually anyone can join a program and start promoting the company’s products and services. It’s a very efficient way of promotion because the company doesn’t spend money on marketing. They pay only for successful marketing, which generates sales.
It may be difficult for some to get a product or service marketed, mainly if it’s an unfamiliar product or service. But companies that have successfully promoted their products and services have found this the best means to do so. And those who want to market their products and services successfully have to create a good affiliate program. So joining a good affiliate program is your most lucrative and enjoyable choice. For more information, take some online courses and check my Special Offer.
What does it mean to join an affiliate program?
Affiliate programs allow any person, even individuals not employed by the company, to sign up and start promoting the products and services of the company. The most common type of affiliate program is called an associate program. This is also referred to as a revenue-sharing program.
What you can expect to get into the program is a royalty-free product to sell. You do not have to create a product yourself. You must only find an affiliate company with a product or service and sign up as an affiliate.
When you apply to be an affiliate, you must provide important information about yourself. Different programs have different requirements, but generally, they expect your name, address, sex, date of birth, country of residence, and the products you want to promote. These details are essential because the company can contact you for further information.
If you want to participate in an affiliate program, you must request it. Then, the company will verify your application and let you sign up as an affiliate of that company.
You will then sign up for the affiliate program and get your unique affiliate link. When you post an ad to be sold the products or services by the company, the company uses their website software to automatically include your link in the web page because you have filled the form out. When the customer clicks on your link, they are taken to the company’s website, if they buy the product or service, you get paid a percentage of the sale or purchase made.
How to become a part of an affiliate program?
There are basically three ways to get signed up for affiliate programs.
First, you can contact the company you want to promote and ask to sign up. This is the way that most people get signed up. It can be a pain in the ass if you ask me, but most of the time, companies see that many companies are using the same resource. It just makes sense to do!
Check out my special offer if you need help starting your online business.
The second way is to contact the affiliate network itself. Usually, after signing up, you join by phone or mail, and an affiliate manager will answer your e-mail request. It is usually a painless process. If you don’t like it, here is something else you can do. You can go directly to the company’s homepage, click on “Contacts,” and send an e-mail to the webmaster. This usually does the trick and is usually quick.
The third way is to go directly to the company. This usually means using the web address that the company sets up for you. Here the company usually sets up its advertising and contact information. You can usually find this information on their site. It can take a bit of work, but it is fairly simple.
Some affiliate systems offer marketing tools for you to use to generate traffic.
Once inside, you can find the different products or services that the programs will recommend. Usually, it will say in the material what products or services they think are the best. And if you are promoting those products, you should be able to make money.
Get discounts for online courses to learn more.