High Paying Affiliate Programs for Beginners
About 80% of companies operate an affiliate program to increase their audience reach, expending more than 10% of their promotional outlays for affiliate marketing.
Affiliate marketing has become a rewarding, low-risk way of driving sales and strengthening awareness for goods and services. But what are affiliate programs and which ones are the most fruitful ones for beginners?
In this article we’ll tackle this exact topic and provide some useful information if you’re thinking of joining an affiliate program in 2023.
Let’s begin by giving a closer look at what affiliate programs are, how they work and why they could be beneficial for you or your business.
What is an affiliate program?
An affiliate program is essentially a form of digital marketing and can be a successful strategy for businesses to boost their revenues and reach out to new prospects.
Affiliate programs are a great way for companies to promote their products and services to a wider audience: they can provide an additional revenue stream for both the company and the affiliate, making it a mutually beneficial relationship. Affiliate programs come in many different forms and types, from online courses to website builders to the fields of advertising and marketing.
How does it work?
Affiliate marketing involves recommending a product or service by sharing it on a blog, social media channel, podcast or website.
The affiliate (promoter) earns a compensation from the advertiser (business) whenever someone purchases the item through the special affiliate link tied to their recommendation.
The key to successful affiliate marketing is understanding the different types of programs available and how they work. There are two main types of affiliate programs: pay-per-sale and pay-per-click (PPC). With pay-per-sale programs, you earn a commission when someone buys something through your link. With PPC programs you get paid when someone clicks on your link and visits the advertiser’s site.
The compensation for working with an affiliate program can vary widely and usually depends on the business and offer presented. Typically, affiliate sales earn approximately 5%, though there are times when the number escalates to 50%, such as if promotional work is completed for a class or event. Alternatively, some advertisers may offer a fixed rate instead of a commission.
What are some examples of affiliate programs?
Let’s take a look at some of the biggest companies that offer the chance to take part in their affiliate programs.
Amazon is one of the most popular and well-known online retailers, making it a great place to start when considering an affiliate program. With Amazon Associates, you can earn up to 10% in advertising fees from qualifying purchases made through your website or blog. Amazon also offers Amazon Influencer Program which allows influencers with large followings on social media platforms like Twitter, Instagram, and YouTube to earn money from promotional posts about products sold on Amazon.
Another big name company that offers affiliates is Apple. Their program is called Apple Affiliates and it allows registered users to receive commissions for referring customers who purchase software or hardware from the company’s website. The commission rate varies depending on what product was purchased but can range anywhere from 2-10%.
Finally, eBay offers its own version of an affiliate program called eBay Partner Network. The commission structure varies depending on the product type: for instance, items that are collectibles have a 3% commission, with a maximum cost of $550.
Becoming an Affiliate Marketer
Now that you have acquired a better cognition of what affiliate programs are and how they work, we can delve into the topic of how to become an affiliate marketer!
How to get started
First of all, it’s crucial to choose a niche and then the right affiliate program for you.
It’s important to consider factors such as commission rate and payout frequency. Different programs offer different levels of compensation so remember to choose one that fits your needs best.
Additionally, some advertisers may require certain criteria be met in order to qualify for commissions such as minimum purchase amounts or traffic thresholds - so be sure to read through their terms carefully before signing up!
Once you’ve chosen an affiliate program it’s time to start promoting!
You can share links on social media channels like Facebook and Twitter or create content such as blog posts or videos featuring the products or services you’re promoting in order to drive more traffic back to the advertiser website where people can make purchases if interested in what they see.
Who qualifies as a potential affiliate?
Anyone can become an affiliate marketer, but remember that being one requires skill and hard work!
Just make sure you select the platform you’re most comfortable with and produce high quality content for your audience.
Affiliate websites, videos on YouTube, social media channels, email newsletters and podcasts are all great ways and places to produce traffic-generating content!
High paying affiliate program options if you’re a beginner
Are you a beginner looking to make money from affiliate programs? You may be surprised to learn that there are plenty of high paying affiliate programs out there that you can get started with right away.
In the following section, we’ll cover some of the best options available for beginners.
TextCortex Affiliate Program
Our AI writing tool comes with a wide range of features designed to help you create content faster and more efficiently.
We offer an intuitive interface that makes it easy to access all the tools you need to write a blog post, articles, emails and social media content quickly and accurately.
TextCortex affiliate program offers a 30% lifetime commission for your partnership! What does that mean? Essentially, every user who is referred by you, will earn you 30% of their active plan per month for the lifetime of each active customer.
Let’s talk numbers. Think about our $49.99 annual Business Plan:
10 users x 12 mo x $49.99 x 30% commission = 1800$ per year. Sounds good, right?
Apply TextCortex Affiliate program here: https://textcortex-ai.getrewardful.com/signup
Skillshare is an online learning platform with thousands of classes covering a wide range of topics, including design, business, technology and more.
They have an affiliate program hosted by a variety of networks such as Impact and FlexOffers. If you’d like to use the Impact platform, you can earn $7 for each trial signup, whereas if you pick the FlexOffers you can get paid a $12 commission for each trial signup.
Shopify is a platform for businesses of all sizes to create an online store. It offers users a customizable platform, an easy-to-use checkout process and a wide range of features.
In contrast with many major companies economizing on commission rates, Shopify offers a one-time payment equal to 200% of the subscription fee for its Basic, Shopify, and Advanced products, rising to as much as $2,000 for sales of Shopify Plus.
Payments are transferred through PayPal twice a month, with a minimum amount of $25.
HubSpot is a sales and marketing software company that helps businesses grow their leads, convert their leads into customers and track their customer relationships.
They have an affiliate program in the SaaS niche. The average commission is around $276 for the lifetime of the referral.
The affiliate commission for the program is available at 15% recurring for the first 12 months or a 100% commission for the first month’s revenue.
Fiverr is a global online freelance platform offering tasks and services. It has no referral limit and offers lifetime attribution.
Given that it has quite a differentiated audience, its commissions vary across its products and services.
The most basic one is Fiverr CPA, which offers a commission that can vary from $15 to $150 — based on the service purchased. Others include a 50% commission for sales of AND.CO, 30% of every course order from Learn From Fiverr and $100 upfront with an additional 10% income share for 12 months on Fiverr Business sales.