THE TOP HIGH PAYING AFFILIATE MARKETPLACES - AFFILIATE MARKETING FOR BEGINNERS 2022

You would be learning today about the affiliate marketplaces that are been used by top affiliates and how they are using it to make a living online. This article is not the in-depth review of each one of the affiliate marketplaces but the information you would be getting today is worth your time and I value that. Maybe you have landed on this page from clicking through at my affiliate marketing for beginner’s article. If that is the case, then I believe this is a build up to what we already started. But if not, then you can also read the first article on affiliate marketing for beginners here – How I made my first $1 dollar online.

GETTING STARTED

This whole online money making idea wouldn’t make any sense if you do not have a product, service or software to promote, especially with this affiliate marketing model. Therefore one of the very first steps is to the get affiliate products or offers. That means exploring marketplaces designed to connect product owners with affiliate marketers.

BEST AFFILIATE MARKETPLACES

There are hundreds of affiliate marketplaces you can choose from – but not all are created equal. You want to search for the right affiliate marketplaces based on niche, branding and personal preference.

You also want to stick with the best, because they have proven track records.

Here’s a list of some of the best affiliate programs. Some are third-party affiliate platforms and others are companies that run their own affiliate program:

• ClickBank

• JV Zoo

• CJ Affiliate (was Commission Junction)

• Fiverr

• Warriorplus

• OfferVault

• Click2Sell

• CommissionSoup

• ShareASale

• FlexOffers

• Avangate

• AdCombo

• AffiBank

• AvantLink

• Max Bounty

• Tradedoubter

• Awin

• Rakuten

• Amazon Associates

• eBay

This is a good list of places you can start out with but keep in mind that these aren’t your only options.

OTHER WAYS OF GETTING AFFILIATE PROGRAMS

Not limited to this also, you can also find affiliate offers in the following ways:

• Private affiliate programs – There are individual businesses and online marketers with their own affiliate programs. Maybe your favorite brands have affiliate programs.

• Blogs and newsletters – Browse blogs and newsletters to see what is being promoted by affiliate programs. [NB: You can read other articles here and find out some of the affiliate programs we promote also]

• Facebook – There are many affiliate groups on Facebook.

• Forums – Some forums are dedicated solely to affiliate programs and you can take advantage.

Now, once you have chosen your affiliate program, your next step is to decide on the product you will promote. This leads us to……..

CHOOSING THE RIGHT AFFILIATE OFFER

Remember, the affiliate offer you choose will be in the niche you chose earlier on. If you haven’t already read the article on how to pick the right niche, you can do so here.

One of the first things to consider when you’re choosing your affiliate offer is the price point. There are three options here:

• Low-ticket – Between $1 and $37

• Mid-ticket – Between $37 and $197

• High-ticket – Over $197

(Note: These price ranges vary from niche to niche)

The lower the price point, the easier it is to sell the product.

With low-ticket products, you can often sell with a simple promotional email, blog post, social media following etc. After all, it’s not much of a financial commitment from your subscribers or readers.

However, when you start getting into mid-ticket offers, you’re going to need to warm people up before they buy. This could be something like dedicating a whole week of emails, content or a few blog articles around the topic of the offer before sending the link to the sales page.

Lastly, when it comes to high-ticket offers, you have to do A LOT more. I highly recommend that affiliates do their own webinar for high-ticket offers.

Webinars are so effective for selling high-ticket products for the following reasons:

• You’re on live with your audience.

• You can interact with them directly.

• You create an event around it (I call it “event-based marketing”).

• You can generate excitement on a massive scale.

• You can answer questions and share comments.

• You can let the audience know how many people are buying.

• You can really create a sense of scarcity.

Aside from webinars, other excellent methods for promoting these offers are:

• Product reviews – When you do an in-depth product review, people can see how the product stacks up. If you do a good job, people will come to trust your reviews over time.

• YouTube videos – People love videos. You can do product demos, present research, tell a personal story, share a testimonial or anything else that is connected to the product.

DON’T GET STUCKED UP

At this point, you might be wondering which price point of offers you should promote.

Is it better to stick with low-ticket, mid-ticket or high-ticket? My experience has taught me that a mix of all three is ideal.

Listen, if you only promote low-ticket offers, it will be harder to make a lot of money in commissions.

But if you only offer high-ticket items, you’ll be subscribers or readers will feel your only goal is to get them pull their credit cards for purchases.

The best thing to do is promote one of each type of offer each month.

Promoting a low-ticket, mid-ticket and high-ticket offer each month will maximize the number of people making purchases. They’ll also come to expect those promotions each month.

KNOWLEDGE IS KEY

You also need to gather data on potential affiliate offers so that you can choose the very best. The top things to look at are:

• Conversion rate – This tells you how well the offer is selling.

• Commission – This should be at least 50%.( for digital products)

• Sales page quality – Check the quality, length and comparison with competitors.

• Market – The more competition in a market, the better. It means you’re dealing with a hot market and people are buying.

• Reviews/testimonials – Find out what people are saying about the product.

You need to check all of these aspects of each affiliate offer you’re considering.

If the conversion rate and commission aren’t high enough, you won’t make any money. If the sales page is ineffective, you won’t make any money. If people don’t like the product, it’s not worth selling.

CONCLUDING

Now, here’s the last thing I want to say about choosing an affiliate product. I highly recommend you sample it yourself.

How can you recommend a product to someone – the people who trust or will eventually trust you – if you wouldn’t use it yourself? If you try it out yourself and love it, you will stand behind it fully and have more confidence in your promotions. You can also share your own story with it. All of this will increase your sales.

Most vendors will give you access to products they are selling, or will at least give you a sample.

Many products you promote also offer a money back guarantee, which means you can try the product out and can return it if you don’t like it.

SEPARATE YOURSELF WITH BONUSES

In some cases there are A LOT of marketers promoting the same offer. How can you stand out?

It’s simple: add bonuses. Your audience will eat this up! People love bonuses, sometimes even more than the offer itself.

Some ideas for bonuses include…

• Reports or eBooks you wrote

• Courses

• Webinars

• Coaching calls

• Q&A sessions

• Community (Facebook, forum etc.)

• Mastermind access

• Discounts on other products

There are other things you can offer as bonuses, but hopefully these get your creative juices flowing.

At this point, you know who you’re selling to, how to sell it, and what you are selling.

As a beginner don’t let giving out bonuses pull you back since you may not have any. That was just an add-on and even some affiliate offer have their own eBooks, tips etc. included for you to give out.

FINAL THOUGHTS

Affiliate marketing is a very viable strategy if you can find quality products that your visitors would be interested in always and that you would feel proud recommending it every single day.

In this next article, you will learn about the four basic affiliate products you would be finding on almost all the affiliate marketplaces mentioned above earlier. Their pros and cons and why you should choose and stick with those one.