Tips & Guides — 01 Apr 2020
Earnings in Affiliate Marketing
How much money can you earn in affiliate marketing? Is affiliate marketing still profitable? How much time needs to pass before I start earning a decent income from affiliate programs? I am considering quitting my job and becoming an affiliate marketer, will I make enough? These questions and dozens of similar are shouting out from numerous forums. And you can always find newbies excited by the idea of passive income skeptically assessing this opportunity to earn.
So, the key question is, how much can you really earn in affiliate marketing in 2020? And in this article, we address the challenge of answering this question.
The affiliate marketing industry is growing steadily. Statista reported that spending on affiliate marketing only in the U.S. is expected to rise to $8.2 billion by 2022. Thus there is definitely a space to grow and earn. And we believe that even more then we see examples of super-affiliates publicly sharings their income reports and telling their success stories.
Isn’t it inspiring? But then, in reality, after some months spent with no earnings or just small ones, people become more impatient and skeptical. Some lose hope and give up; the others start looking for questions, ways how to earn more. Because yet they are far from the desired sums. So, what’s the real affiliate earning?
Recently STM forum conducted a poll where they asked about affiliates’ annual income. And you can see the results in the chart below:
Broadly speaking, this chart must give you a vision that income in affiliate marketing can vary a lot. You can see there are plenty of bloggers and affiliate marketers out there who earn less than $20.000 ($1.600 per month). But then there are also those who make tons of money.
Success in affiliate marketing is about persistence and continuing nature. You can’t assume that your profit will always be the same if you once earned 300$ per day. In Affiliate marketing, there are plenty of cases when, after earning somewhat a very modest income for a long time, people skyrocketed overnight. It is all about choosing the right niche and the right strategy. And there are plenty of opposite cases when affiliate marketers went from high incomes to sod.
Not only do affiliate conditions vary in different niches, you won’t likely find similar conditions and peculiarities applied to affiliate programs within a specific niche Here are just a few of affiliate niches with examples of affiliate earning:
Should you wonder about the most profitable affiliate programs, then look into the direction of software and web hosting providers. Here the commission may be up to 30% on each payment. And in the software niche, the check size is obviously big. But surely, there’s a flip side to that coin. Being one of the most attractive, it is also one of the most competitive. Probably not for a total beginner.
In the travel niche, most affiliates get their income from travel agencies, airlines, booking aggregators, reviews sites, and travel goods. The commission depends on the brand you work with. If you work with the market leader, you can earn a great deal from commissions. For example, from 25% to 40% commission with Booking.com, 50% of the gross revenue generated with Tripadvisor, from 30% to 60% with Agoda, 5,5% for travel apparel and accessories and 7% for hiking or camping items with Amazon, to name a few. But bear in mind that the competition there is fierce. Working with smaller brands will give you a commission of something around 2-3%. If you invoke 20 sales a month, you can earn around $100-150.
In eCommerce, you need to have a big audience to earn a decent income. Let’s take an example of Amazon, where you can earn from 4% to 8.5% commission on sales. But as all these are mainly B2C sales, where the check amount is comparatively low. But with a big audience and enough effort you can earn at least $1,000 with near 20-40 hours of monthly work.
In the Dating niche, affiliate commissions may look like this: up to $12 per lead, up to 5$ for referral commission, and up to $500 for the first order. If an affiliate program has a loyalty (bonus) program, your commission can increase after a certain amount of sign-ups.
Loans form a niche where 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, affiliate marketers can earn from $1 up to $5000 depending on loan size.
The topic of a healthy lifestyle has been one of the most-talked-about for quite a while. And it’s continuously growing. Promoting fitness and health products, you can earn up to 15-40% commission from every supplement sale.
Getting to the point where you earn consistently from affiliate programs might take a while, so you probably should not quit your job from the very start. Usually, it takes from 6 months to several years to start making profits with affiliate marketing. More precise timing and your overall success depend on your ability to create quality content, optimize for SEO, drive traffic, and promote your affiliate products. Don’t forget about the active usage of social media and email marketing. You will not skyrocket overnight. But by being consistent in the promotion of affiliate products, having the right marketing strategy will bring you to your desired income.
Tips & Guides — 20 May 2020
Top Tips for Affiliates to Promote Products
For the last few years, affiliate marketing has been a popular way of making money online. But joining an affiliate
Tips & Guides — 11 May 2020
Affiliate Marketing in 2020: How to Manage Affiliate Program
What is the state of affiliate marketing in 2020, they ask? Is it still the same profitable as it