Top 16 Affiliate Marketing Platform for Passive Income Stream
Looking for a legitimate major companies with affiliate programs - the ones top earning affiliate marketers use on daily basis to promote other people’s products and earn a share in return? look no further!
Affiliate marketing is a trending type of marketing that has set so many people on passive income. It is a profitable marketing idea that requires little effort on your side. All you have to do is set up a blog, create and publish content around the products, optimize it for search engines or promote it on your social media account including YouTube.
Even if you don’t have a website, you can still register and join any of these affiliate companies that I’m about to show you. You can promote them on YouTube channels and social media and still make profits.
In this article, you will learn about the top affiliate marketing sites, how to start and become an affiliate marketer, the affiliate marketing trends for 2023 and why you should start immediately.
But first, let’s define what affiliate marketing is for the benefit of those who are newbies…
Recommended Reading: My #20 Favourite Affiliate Marketing Tools to Drive Sales in 2023
What is Affiliate Marketing?
Affiliate marketing is a marketing system where a person can earn commissions for helping to promote someone else’s product or service on their own website.
An affiliate marketer simply searches online for a product or service within the niche they have passion for or have expertise in - and then promotes that product or service to earn a share of the profit made from selling the products.
Affiliate Marketing Key Stats for 2023: Reasons You Should Consider Affiliate Marketing
- An estimated 80% of brands have affiliate programs.
- Affiliate marketing spending has been projected to grow by over 10% in the next couple of years.
- Globally, the USA has the largest market share in the affiliate industry, with over 39% share.
- Affiliate marketing accounts for over 16% of all eCommerce orders in the USA and Canada.
- Nearly 65% of affiliate marketers worldwide generate traffic by blogging alone.
- Affiliate marketing accounts for over 15% of all digital media revenue.
- Statistics reveal that 94% of publishers use multiple affiliate marketing networks.
How Affiliate Marketing Works
Source: JustLearnWP.com
3 Basic Things You Need Before Starting Affiliate Marketing
In an Affiliate Marketing (AM) system there are the sellers or product creators, affiliates or publishers (or advertisers), and consumers.
So if you're starting an affiliate marketing business you need to know this:
- The product creator or seller produces a product or a service, creates an affiliate program for publishers to join, and provides them with a trackable link that they can use to link promotions on their website.
- There's the Affiliate Marketing network that connects merchants and publishers together. Note: some product owners have their own platform through which people manage and track their earnings instead of relying on a third party or external AM networks.
- The affiliate person or publisher then showcases the product on his or her website, writes reviews or creates a short piece of content demonstrating the product's usefulness.
This way, readers or visitors to the website can get to know about the product and click on the link. Clicking on the link will take visitors to the original product where they can actually purchase it.
What Affiliate Marketers Do
An affiliate marketer promotes products or services through endorsement, detailed reviews, or using direct marketing tactics on their personal website or blog, on a YouTube channel, They can use social media channels like Facebook or Instagram.
How to Become an Affiliate Marketer?
To participate and earn in an affiliate marketing program you need to own a blog or YouTube channel with quality and engaging content. The reason is you need to attract the best converting traffic to your site and it starts by creating quality content including videos on your YouTube channel.
You can easily share the link in the description of your YouTube channel and tell your subscribers to click on the link to get the products or offers.
Tips to Become Successful in Affiliate Marketing networks?
Some of the tips that will help you become a successful affiliate include:
- Choosing a product niche you are familiar with or passionate about.
- Choose your preferred medium or channel - think of a blog, video channel, or social network
- Create content strategy including editorial Content
- Write quality content, not mindless promotions
- Define your target audience
- Select the right affiliate marketing partners for your audience
How Much Money Can You Make as an Affiliate Marketer?
With affiliate marketing, you can earn as high as $500 in a single day. Your income has no bounds and profits vary from niche to niche. Also, the price and the demands for the products you are promoting can have an effect on your income.
List of the Major Companies with Affiliate Marketing Programs [Highest-Paying]
There are several major companies that have affiliate marketing programs. These programs allow individuals to earn commissions by promoting the company's products and services through their own websites or social media channels. Let's take a look at top-best 16 of the companies:
1. Affiliaxe Marketing Network
Affiliaxe is one of the top choices, leading affiliate marketing companies for marketers who want to access a whole lot of verticals. It is an easy-to-use platform and irrespective of where you are, or where you are from, Affiliaxe is a global affiliate marketing platform.
You have a wide variety of products and offers to choose from when you decide to partner with Affiliaxe.
The system offers a personalized experience by dedicating you to a personal manager with the goal of assisting you in optimizing your traffic and creating a unique bonus program that will ensure that your earnings increase over time.
2. Elementor Affiliate Marketing Program
The WordPress ecosystem is a huge one and elementor is one of the biggest affiliate marketing companies in the WordPress ecosystem. With tons of products ranging from plugins to themes, the sky's the limit with the amount of money you can earn daily from Elementor.
Elementor is the most popular and widely used page builder for WordPress websites. That over 40% of the entire websites in the world are hosted on WordPress means the demand is high and so thus the conversion rate.
When you sign up for Elementor's affiliate program, you get a 50% commission per sale. You get access to an extensive affiliate toolkit, and banners including a dedicated affiliate team ready to assist with any issues. Another benefit is the helpful community with lots of affiliate marketers ready to render and share ideas.
3. DFO Global Affiliate Marketing Network
DFO Global is another major affiliate marketing companies in the world. It offers a wide range of e-commerce products in a closed, safe, and brand-protected environment, with high affiliate payouts.
The network is a top choice for every serious affiliate marketer who wants a program that’s worth investing their time on.
You can't get wrong with DFO Global because it offers top-notch data analytics and responsive managers to assist you in setting up your sales funnel.
4. Amazon Associates
Amazon is a popular e-commerce website with a wide range of products covering virtually everything you might need - from household appliances to groceries to books and equipment; Arguably, the biggest affiliate marketing company in the world.
There are millions of products on Amazon and with new ones being added every day, there are endless products you can choose from. It’s a great way to make money without having yet built up a strong background in the art of affiliate marketing.
These products are available for promotion irrespective of where you are and still get paid in dollars. You can receive your payment using Payoneer. Although Amazon's associate commission is low, it is still fair compared to some other affiliate marketing networks.
Just like every other affiliate marketing network, you’ll have to drive relevant traffic to your site and come up with strategies to make them.
5. eBay Partner Network
The eBay market is a huge one as well and is one of the leading affiliate marketing platforms in the world. It's all about promoting eBay products on social media, blogs or websites, and getting a commission for every product sold via your affiliate link. Just like Amazon, there is an endless supply of interesting products that you can promote.
6. ShareASale Affiliate Marketing Network
ShareASale is among the oldest and largest affiliate networks. With nearly two decades of affiliate marketing partner programs, ShareASale is one you can trust in the affiliate industry. They make affiliate programs so easy and are loved by marketers all over the world. It has a user-friendly interface and great support for a variety of merchants in over 40 categories, which you can choose from - anytime any day.
7. GiddyUp Affiliate Marketing Network
GiddyUp has a unique affiliate marketing approach. Their approach is creating performance-based partnerships through cutting-edge technology and a focus on quality. You must be ready to make affiliate marketing seriously. The payout commission rate is high and is worth giving a try.
8. M4trix Affiliate Marketing Network
M4trix Network is a full-service affiliate with a global network.
The platform assures affiliates to help them make most of the traffic to their websites. They help build online strategies, analyze data and craft digital experiences that drive higher conversion for you.
M4trix Network has a plethora of private offers, ranging from health and beauty to E-commerce, covering the full spectrum of payout models. They control the entire flow from supply to local delivery and customer support and deliver unmatched performance.
9. ClickBank Affiliate Marketing Program
ClickBank has over 6 million digital products in over 20 different categories. The company is among the top-choice affiliate networks for marketers.
ClickBank offers trusted e-commerce tools, a global affiliate marketplace, and industry-leading support and education – just everything you need to build your online business with confidence.
They offer as high as a 75% commission rate with reliable payouts. These products are sold on a recurring basis and serve as a great source of recurring income for affiliate marketers.
10. CJ Affiliate Marketing Program
CJ Affiliate offers serious-minded and experienced marketers an opportunity to grow with a commission. The system is designed for advanced affiliate marketers
It boasts of about 43% year-on-year growth in commissions, making it an attractive option. CJ Affiliate requires you to have a good amount of traffic before you can join, and there are strict conditions for staying on as a publisher.
11. PartnerStack Affiliate Marketing Program
PartnerStack is a software-as-service or SaaS-based affiliate network.
Partners get to promote well-known and popular software and tools. According to the platform, 30% of software is sold through channel partners.
If your interest lies in tech, especially promoting software and online tools, PartnerStack is right for you. PartnerStack maintains strong partnerships and connects affiliate marketers to product owners with data to help improve conversion.
12. Fiverr Affiliates Program
Fiverr is arguably the largest digital services marketplace. It has well over 11 million across 190 countries. It offers a generous commission plan, with a CPA of up to $150 and a portfolio of creative resources that you can use to promote Fiverr.
13. Travelstart Affiliate Program
Travelstart is another leading travel agency where you can book flights, vacation packages, hotel bookings, car rental, and other travel services through its online booking system.
Travelstart affiliate program offers discounts and other promotions, which you can promote on your site. The payout is reliable and regular.
To get started you will have to create an account, get the link and embed it on your website. You’ll earn each time a user clicks on the link through to their site and make a travel booking.
Travelstart provides its affiliates with tools, feeds, and support needed to gain customers.
14. Bluehost Affiliate Program
Bluehost is a web hosting provider and one of the most popular web hosts with over two million users currently signed up for their services.
Blue host offers WordPress hosting plans and VPS packages including buying domains.
So there are lots of products you can market to people. The demand for websites is high as most businesses are planning to move online and expand. If you can target the right audience, you will earn daily income by helping the company to get more customers who subscribe to their packages.
15. Shopify Affiliate Program
Shopify affiliate program allows affiliates to earn commissions on new Shopify store sign-ups and referrals. Affiliates can promote Shopify through their website, blog, or social media channels, and Shopify offers a range of marketing materials and resources to help affiliates succeed.
Shopify affiliate application is simple and direct; Potential affiliate looking to join Shopify can follow these basic requirements and they will in no time become a Shopify affiliate marketer:
- Own and run an active website
- Have an established audience
- Create original content, such as online courses, seminars, blog posts, or videos
- Experience with Shopify or other e-commerce platforms
- Agreed to the Shopify Partner Program Agreement
16. Awin Affiliate Marketing Platform
Awin is on of the fastest-growing major affiliate marketing Companies in North America. The Awin Affiliate Marketing Programs offer standout solutions and diverse partnership opportunities that drive results–a unique feature that make them stand out in the industry. They have an extensive network of advertisers, which provides affiliates with a wide range of products and services to promote.
Other features include:
- User-friendly platform that makes it easy for affiliates to track their performance and earnings.
- Real-time reporting and analytics, which allows affiliates to optimize their campaigns and maximize their profits.
- Dedicated account management team, which provides personalized support and guidance to help affiliates succeed.
Frequently Asked Questions
1. How do I become an affiliate marketer (How to start affiliate marketing)?
Follow these simple steps to get started:
- Pick your niche.
- Join top affiliate programs.
- Set up your marketing platforms.
- Adopt content marketing strategies.
- Build your audience.
- Target your market.
- Promote relevant products.
Is affiliate marketing profitable?
One of the best ways to earn passive income is through affiliate marketing programs. Many people have turned into millionaires just by helping other people sell their products or referring people to their business websites.
Can I do affiliate marketing without a website?
If you are yet to create your own website, that’s okay. You can use your social media channels like Youtube or Instagram, to promote your affiliate links.
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