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Discover the top 6 highest-paying affiliate platforms to use in 2023. Learn about the potential earnings, types of affiliate revenue, and the impact on the affiliate marketing industry. Find out how to leverage these platforms to maximize your income as a content creator or marketer.
In the United States, affiliate marketing spending is forecasted to reach $8.2 billion by 2022. Affiliate marketing is a great opportunity for content creators to earn commission by promoting someone else's product or service. Affiliate revenue can be earned through either a one-time payout or a recurring commission. There are different affiliate platforms with different programs available to choose from, and it is important to select one that is relevant to your audience. Some of the highest paying affiliate programs include Fiverr, Bluehost, and Hostinger. Affiliate marketing can provide additional income for those who are already promoting products or services, and it is worth considering for content creators in 2022.
- According to Statista affiliate marketing spending
in just the United States alone
is expected to reach $8.2 billion by 2022.
That's more than triple what it was 10 years earlier.
Hey everyone, I'm Neil Patel.
And today I'm going to break down
the six highest paying affiliate platforms to use in 2022.
(upbeat music)
Before we get started
make sure you subscribe to this channel,
and if you're on YouTube, click the alert notification.
Lots of bloggers make money from affiliate marketing.
Just look at Pat from Smart Passive Income.
A report from Awin shows that 65% of affiliate marketers
choose content marketing to generate traffic.
With affiliate marketing content creators
can make commission by marketing
someone else's product or service.
Every time a sale's generated, they get paid out.
It's usually a percentage base or even a flat fee
based on the lifetime value of the customer
that you're driving to those companies, right?
In essence, you drive a buyer,
you get paid each and every single time.
And if you're getting started with affiliate marketing
and want to learn about it,
I have a video about what is affiliate marketing
and how you can leverage it,
and you should see a link for it on the screen
if you're watching YouTube.
So there's a huge opportunity for you to monetize
your traffic right now,
whether you're generating organic traffic
through, let's say content marketing, SEO,
or you have tons of followers on social media.
But before I give you my list
of the highest paying affiliate platforms
I just want you to understand
that there are two ways for you to get paid as an affiliate.
There's a one-time payout.
This is when you get paid right after
a sale has been made from your affiliate link.
Usually they'll pay you out
within 30-60 days after that sale.
So here's the problem with getting paid out one time.
Your payments are usually more than
what the cost that the person just did for that transaction.
For example, if they just bought something
that was $10 a month,
you're probably going to get paid out 50 bucks or even $100.
Now the con with that model,
you won't be able to forecast your revenue
as each month the sales you generate can vary,
which impacts the predictability
on how much you're going to earn every single month.
The second type of way to earn affiliate revenue
is reoccurring commission.
Every time they get paid, you get paid.
That's, in essence, the model with affiliate
that's monthly reoccurring.
Now it's a percentage of the transaction.
So if someone's getting charged $10 a month,
you may get paid $3 a month or $5 a month.
But if that customer lasts two, three years,
it can add up to a pretty penny.
Now here's a pro with that.
Every month you'll generate consistent revenue.
And the more you continually promote that product,
the more consistent your income will be.
If you promote that platform,
that has a low churn rate, high retention,
your money will really start adding up over time.
Now here's the con.
You're going to make a tiny bit of money every single month.
And it'll take a really long time to ramp up.
And assuming that platform retains
their customers really well, you'll do well.
But if not, you'll suffer.
Now, those are just two types
of affiliate platforms out there.
And now let's dive into affiliate networks
so you can get a chance to pick and choose
which platform and program is right for you,
because each and every single one of these platforms
have different programs.
And you can pick and choose which programs
and certain types of payments you want to go after.
And they're all different.
And let's say you have a health site, or a casino site,
or financial site, it doesn't matter.
You literally can pick all different types of platforms,
create content, and generate revenue,
but the things that you promote
need to be relevant to your audience.
Whether it's nutrition, or sports, or healthy foods,
et cetera, it doesn't matter.
And affiliate programs from an individual company,
let's say, you know, let's say you want to partner
with Ubersuggest, my SEO tool, right?
I've a SEO tool, you can be affiliate,
and you need to subscribe.
And then once you're affiliate you can promote
the sas based product and you can get paid.
Now the big difference with this is
when you promote something that's like
health or fitness related
most of those things are one time.
And the other stuff like the software,
the reoccurring stuff,
typically you'll start getting paid out monthly.
Now, with Ubersuggest,
I don't really have an affiliate program.
I was just more so using that as an example for you.
So now let's dive in to the networks.
First one I have for you Shareasale, check it out.
The next one I have for you, ClickBank.
ClickBank is more so well-known for selling eBooks,
but they're really popular.
CJ is another one.
Amazon, especially if you want
to promote products on Amazon.
eBay also has their own partner program.
It's called the Ebay Partner Network, EPN,
and there's also Flexoffers.
Now, here's some of the highest paying affiliate programs
that I've seen from companies.
Fiverr, earn up to $150 cpa for every first time buyer
or up to $1000 per sale
with their $10 cpa/10% rev share hybrid model.
Services prices can go up to $10,000.
Bluehost, payouts starting at $65.
Hostinger, can offer affiliates up to $150 per sale
on a tiered pricing structure.
Their affiliate partner program offers
a base payout of around $60,
with the opportunity to make up to $150.
Now, that's affiliate marketing in a nutshell.
And especially when you're looking at 2022,
make sure you jump on the bandwagon.
If you're already talking or promoting other products,
might as well get paid in affiliate format.
If you're not,
you don't necessarily have to get into affiliate marketing,
especially if you already have something
that's making you a ton of money
like your business or your job,
but if you want some extra income
and you're already talking about other products or services,
join up for their affiliate program.
And if they don't have one,
go find another amazing product or service that's related
and sign up for their affiliate program.
Now, if you have any questions,
leave a comment below.
I'm here to answer it.
If you enjoyed the video, like it, share it,
tell the people about it.
If you want help optimizing your affiliate program,
check out my ad agency, NP Digital.
Affiliate marketing is a great way for content creators to earn commission by marketing other companies' products or services. Every time a sale is generated, the affiliate marketer gets paid out. This can be a percentage or flat fee based on the lifetime value of the customer.
There are two ways to earn affiliate revenue: one-time payout and recurring commission. One-time payout happens when an affiliate gets paid right after a sale has been made from their affiliate link. On the other hand, recurring commission allows the affiliate to get paid every time the customer gets charged. This can be a percentage of the transaction and can add up to a significant amount over time.
There are various affiliate networks that content creators can choose from to find the right program for them. Some of the most popular include Shareasale, ClickBank, CJ, Amazon, eBay Partner Network, and Flexoffers. However, it's important to make sure that the products or services being promoted are relevant to the audience.
Some of the highest paying affiliate programs include Fiverr, Bluehost, and Hostinger. For instance, Fiverr offers up to $150 CPA (Cost Per Acquisition) for every first-time buyer or up to $1000 per sale. Hostinger can offer affiliates up to $150 per sale on a tiered pricing structure.
According to Statista, affiliate marketing spending in the United States alone is expected to reach $8.2 billion by 2022. This growth presents a huge opportunity for content creators to monetize their traffic. However, it's important to note that while recurring commission offers consistent revenue, it may take a while to ramp up. Additionally, the success of an affiliate program heavily relies on a platform's retention rate and how well it retains customers.
The 6 Highest-Paying Affiliate Platforms to Use in 2023
Affiliate marketing offers a way for content creators to earn commission by promoting products or services. There are two ways to earn affiliate revenue: one-time payout and recurring commission. Various affiliate networks and high-paying affiliate programs are available for content creators to choose from. The industry is expected to reach $8.2 billion by 2022 in the United States.
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