6 of the Highest Paying Affiliate Programs
True success with affiliate marketing means two things: getting
as many sales as possible, with offers that pay as much as possible. Sure, you
can set up long-term residual income with 10-cent commissions, but why bother
with those when you can get $50 a pop, or even more, depending on your niche?
Who wants to make their living selling nails when you can make a living selling
yachts?
To that end, you want to
invest in the highest paying affiliate networks out there. So what makes a high paying affiliate network?
·
The offers give you a large commission.
That’s it!
Okay, so there’s a bit more to it. See, a high paying affiliate
network is only high paying as long as the wholesalers on the platform
providing offers are willing to pay. That means they filter their list of
publishers aggressively to weed out the low quality sites.
·
They filter out low quality publishers.
·
They filter out low quality advertisers.
·
They enforce traffic quality standards to avoid spam and bot
issues.
Unfortunately, this also tends to mean that the highest paying
affiliate networks aren’t open to newcomers to affiliate marketing. You need to
apply, and you need to provide suitable traffic numbers for the network to
think you’re worthwhile. Still, though, if you can meet their standards, these
networks are good options to invest in for your residual income dreams.
Wealthy Affiliate is a
site for affiliate marketers to learn and grow their own businesses. They
provide education ranging from e-books to live seminars, along with specific
advice on everything from building a website to registering domains to setting
up marketing funnels. Since your primary audience is other affiliate marketers,
it’s easy to look at yourself, look at your own pain points and your own
questions, and convert those questions into content to attract others like
yourself.
Since WealthyAffiliate has a premium program you can register for, you can of course sell
their product for them. The average commission per sign-up, according to their
own marketing, is $121or more. Plus, it’s residual, over the lifetime of the member yousign up.
Clickbank is a large
and trusted affiliate marketing marketplace. They have thousands of offers from
thousands of companies looking to promote their products and willing to pay a
commission.
The drawback of using a marketplace rather than individual
company offers is that the marketplace itself will be taking a cut,
so your commissions are slightly lower on average than they would be with a
company directly. On the other hand, you have a huge variety in your potential
offers, and you have the quality control of the platform at your back. You know
the affiliate will pay, and you know the traffic filtering will verify your
sales are real.
Depending on your niche and
your marketing style, you can set yourself up to sell thousands of $2 products,
or just a handful of $500 products every week. Where you find success is up to
you, but both extremes and anything in between are viable with Clickbank.
I guarantee you’ve
encountered LiveChat while you’ve been browsing the internet before. Ever been
on a website and seen that little messenger pop up in the corner, with a
smiling customer service rep asking if you need help? When you click that,
you’re connected to a real customer service agent who will help you with your
issues and sell you on the site’s services. LiveChat is the app that powers
that messenger
LiveChat may not be a high paying commission on an individual
basis, but it has two benefits that offset that. First, you earn 20%
on the payments the people you refer make, and second, it’s recurring. As
long as your referred customers are still customers, you’re earning
commissions. Given that some companies will use this app for years, or even
indefinitely, it’s a great investment.
Additionally, you can set
up a reseller program instead of basic affiliate marketing. As a reseller, you
buy licenses at a 20% discount from LiveChat, and can resell them for whatever
level of markup you want. Usually that markup is back to normal price – to
prevent people from circumventing you and buying from the source – but if you
can get away with more, you’re free to try.
Rakuten is a Japanese company that has been
firmly cemented to the #1 spot in the Blue Book for CPS affiliate marketing for
seven straight years
They’ve been dedicated
to high quality service, excellent commissions, top-tier advertisers, and more.
They’re extremely trustworthy as a platform from both angles, and rather than
resting in the number one position, they’re constantly making improvements to
their platform to keep their position.
Amazon’s affiliateprogram, called Amazon Associates, it one of the most popular affiliate
networks globally. Amazon, obviously, is a hugely trusted retailer, so you know
you’re not going to have issues with fulfillment and customer satisfaction.
On the other hand, Amazon affiliate payments are not necessarily
very large. The average order value on Amazon is only like $50 or so, and
you’re only making somewhere between 1% and 10% of the value of the order,
depending on the item department.
The real value in the
Amazon program is in volume and flexibility. Anything a user purchases after
clicking your link earns you a commission. You advertise a light bulb for $2
and the customer goes on to buy a $4,000 television, you’re getting a
commission on the TV. It can add up to quite a lot over time.
I’m a little hesitant
to recommend this affiliate network for a few reasons. For one, while it can be
considered highly paid, it’s paid in an unorthodox manner: rather than raw
money, they send you payments towards a car lease. “Get your dream car” is
their incentive, not pure money, so it’s strangely limited. Also, it requires
getting 100+ active referrals, and maintaining that number, in exchange for
$500 in monthly payments + the commission on each referred customer. The
product is a platform for marketing and sales funnel management, the quality of
which I have not personally verified.
Frankly, the whole
thing reeks of a pyramid scheme or MLM to me. If you can refer over 100
customers you’re getting an average of $40 per customer per month,
plus the lease payment, which is not insignificant. On the other hand, you
might get stuck with a car payment when your number of subscribers drops,
leaving you with expenses you might not be comfortable handling. Just exercise
plenty of caution with this one!
