How profitable is affiliate marketing? How to earn money from it?

When we think about starting something on our own or stepping into a new career, it is always good to have a thorough knowledge of it. Some questions might pop up in your mind, like How much money can you earn in affiliate marketing? Is it profitable? How much time do I need to invest in it before I start getting results? This industry is in boom currently. Shall I grab the opportunity? Shall I switch my career? How can I earn passive income through affiliate marketing? Let us clear all your doubts by explaining them in detail. 

So, how much exactly can you earn from affiliate marketing? As you know, affiliate marketing is all about promoting the products and services of advertisers and earning commission for them.  

The affiliate marketing industry is in the boom. Statista reported that about 48.36% of affiliate marketers earn $20k per year, while only 3% earn over $150k per year. That’s a huge earning. And also, there are some examples of experienced affiliates who are publicly sharing their income reports and also their career journey. 

This industry requires a lot of patience. There might be situations like spending months with no earnings or just small ones; people become more impatient and already give up on their goals. Some lose hope, but others start learning from the process and find out how to earn more. 

Success in affiliate marketing is about persistence and keeping patience in the process. You have to take some risk as you can't always assume that profit will always be the same if you once earned 200$ per day. There are plenty of cases where people earning a modest income skyrocketed overnight. The game is all about choosing the right strategy and niche. 



Affiliate commissions in different niches may vary:

Not only do the affiliate commissions vary in different niches, but it also varies in conditions and peculiarities applied to affiliate programs. Here are some examples of different affiliate niches :

Software affiliate programs

If you’re wondering about the most profitable affiliate programs, then look into the software and web hosting providers. Here the commission may be up to 30% on each payment. This means that in the software niche, the earning is obviously big. But there’s also another side to that coin. Being one of the most attractive, it is also one of the most competitive affiliate programs. Probably won’t be good for a beginner to start with this niche.

Travel affiliate programs

In the travel niche, most of the publishers earn from travel agencies, airlines, booking aggregators, reviews sites, and travel goods. The commission rate and total earnings depend on the niche you work in. For example:

 Flight tickets: You will get a 2-5% commission on the total order value in JetRadar, Kiwi.com, and other flight affiliate programs.

Accommodation: You will get a 4-15% commission on the total order value in Booking.com, Agoda, and other hotel affiliate programs.

Tours and activities: You will get a 2-6% commission on the total order value in GetYourGuide, Klook, and other programs.

Car rentals: There’s a 5-12% commission on the total order value in RentalCars, AutoEurope, and other car rental affiliate programs. You can join the major travel affiliate programs, such as Booking.com, GetYourGuide, and over 60 others in the Travelpayouts affiliate network. 

Here the competition level in comparison to e-commerce or dating sites is still lower.

E-Commerce affiliate program

If you want to start with an e-commerce affiliate program, you will require a big audience to earn a decent income. Let’s take an example of Amazon, where the commission rate you can earn on each sale is  4% to 8.5%. And these are mainly B2C sales, where the total amount is comparatively low. But with a big audience and the right strategies you can earn at least $1,000, if you work for 20-40 hours monthly.

Dating affiliate programs

In the Dating niche, the affiliate commission can be up to $12 per lead, up to 5$ for referral commission, and up to $500 for the first order. Some affiliate programs have a loyalty (bonus) program, where your commission can be increased after a certain amount of sign-ups.

Loans affiliate programs

In this niche, companies are fiercely competing for clients, and you can earn a decent income from this affiliate niche as well. According to High Paying Affiliate Programs Loans affiliate programs, Publishers can earn from $1 up to $5000 depending on loan size.

Fitness and Nutra affiliate programs

Everyone nowadays is conscious about having a healthy lifestyle and this has been one of the most talked-about topics for quite a while. It’s continuously growing. So, by promoting fitness and health products, you can earn up to 15-40% commission from every supplement sale.

To start with these affiliate programs, you can join an affiliate network like Vcommission, Affrise Media, Admitad, and many other top networks to start your career in this field. If you join a Top Affiliate network in India, you will get varieties of campaigns that you can choose according to your wish. Patience is the key in this field, if you want to start your career then this is the right time to do so.

Comments

  1. Digital DivinesNovember 21, 2022 at 7:52 AM

    Such a Nice article even you must visit Daira Technology to know more about Facebook Marketing Expert

    ReplyDelete

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