Affiliate marketing is the process in which an affiliate attains a commission for marketing another company’s products or services. The affiliate simply promotes a product on their platform and subsequently earns a piece of the profit from each sale they make. As affiliate marketers you want to find the highest paying affiliate programs that best align with your audience. You, of course, have Amazon, the 800 lb gorilla with something for everyone. It is free to join but with average commission rates of 3% — you need to get quite a bit of traffic to do well. Affiliate Apprentice – Losing money. Low Level Affiliate – Anywhere from $0/day up to $300/day. Intermediate Affiliate – Anywhere from $300/day up to $3,000/day. High Level Affiliate – Anything above $3,000/day. The ‘Bag of Dicks’ Affiliate – He who considers anything less than $10,000/day to be ‘doing it wrong’. Affiliate marketing typically involves a few parties. First, there is the person or company who makes the product or service being marketed. Next, there is often a third-party site or service, such as Amazon, that offers the affiliate program and offers payments. Finally, there is the marketer or influencer who promotes the product. Affiliate marketing is a very large industry and has become a key source of online income for many thousands of professional bloggers. With more and more online businesses becoming involved in affiliate marketing, more opportunities have arisen for bloggers, like you and I, to make money with their blog. and to ultimately create passive income streams.
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