Subscription growth hack (by PayKickstart)
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Are you looking for more ways to earn money from your website?
Would you like to build a solid source of passive income?
Then give affiliate marketing a try.
Affiliate marketing is the form of digital advertising where you earn money for referring qualified leads or sales to a product of your choosing.
The first step is to find a high-paying affiliate program.
It’s difficult to measure the value of an affiliate program accurately. Each one is unique and requires different skills to see any commission.
Getting started with affiliate marketing is difficult and it isn’t a get-rich-quick scheme. It takes dedication and the right know-how to maneuver through the various programs and find the right fit that will earn a commission.
To evaluate different affiliate programs, consider the following:
Here are more details on these and more metrics to evaluate:
Never judge the quality of a product on the amount of commission you’ll receive. And don’t judge an affiliate program by its commission structure either. There is a plethora of high-paying affiliate programs with subpar products.
Do your own research. Look through the website, read online reviews on third-party sites, and do a general search of their brand.
Look for red flags. If no one is buying the product, there’s no point in becoming an affiliate. Those companies are using high commissions to entice people to join, but it’s a waste of time if you never convert a sale.
Determine the commission structure of the affiliate program. What’s the percentage they’re paying? Are there recurring monthly payouts? Is there a similar product on the market with a better commission structure or higher payout?
The two main payout models are cost-per-sale (CPS) and cost-per-action (CPA).
Cookie duration determines how long the customer you referred to a product is being tracked.
Most people you send to a brand won’t buy right away. Some of them will need time to decide. Others will need an additional interaction (e.g. an email reminder) to finally buy a product.
Fundamentally, the longer the cookie duration is, the more chances you’ll have to generate qualified sales.
Some of the hands-down best affiliate programs offer upsell products that multiply and maximize your earnings for doing the same level of work. The upsell is where businesses typically make most of their money.
If someone you refer to the brand makes a connected purchase after the initial investment, like buying a digital marketing training program after initially buying an eBook, you receive a payout for the second purchase as well as the first.
Second-tier commissions are a secondary form of commission you can receive on the sales any affiliates you signed on to the program make.
You receive your standard commission on the sales you refer to the brand, and then a second commission on the sales of affiliate members below you.
EPC stands for Earnings per Click (which is actually average affiliate earnings per one hundred of clicks).
This is an important metric helping you estimate how much affiliates earn by sending clicks to the associated product.
PayKickstart has a solid variety of affiliate programs you can apply to join. Here are the highest converting products on the PayKickstart platform:
The star represents the ability to Request to Promote, which will send a notification to the vendor. Once approved, you will see a link icon to grab your affiliate link.
No… ALL affiliate programs inside PayKickstart platform are free to join (there’s no upfront charge), so there’s no risk associated there.
Yes… There are hundreds and thousands of successful affiliates out there making money by promoting all kinds of products and brands. From experience, here are key components of affiliate marketing success:
All in all, it takes time. You need to consistently add value to the community and keep building your web presence to succeed.
Measuring the value of an affiliate program is hard. What matters most in a program or brand is different for each person. But at the end of the day, you need to find the plan that works for you and your needs and will offer the highest return on investment for your work.
If you have any doubts as to any of the listed metrics, never hesitate to get in touch with the seller and ask questions. This way you’ll also be able to test whether their customer support works well (which is also an important factor to consider when promoting anyone). Knowing your affiliate marketing manager is important for the affiliate marketing to work.
There is income to build out there, so you need to understand which affiliate programs work for your best interests.
Ann Smarty is the Brand Manager at Internet Marketing Ninjas, as well as co-founder of Viral Content Bee. Ann has been into Internet Marketing for over a decade, she is the former Editor-in-Chief of Search Engine Journal and contributor to prominent search and social blogs including Small Biz Trends and Mashable. Ann is also the frequent speaker at Pubcon and the host of a weekly Twitter chat #vcbuzzRead More About Ann Smarty