Last updated on May 20th, 2018 at 09:51 pmReading Time: 4 minutes
Future of Affiliate Marketing is really rocking.
Affiliate Marketing is a booming industry and it’s one of the best ways to make money online in Digital Marketing Industry. Those who want to live life on its own terms and conditions then they should start learning the art of Affiliate Marketing. As marketing industry is changing at a very rapid rate and Google is releasing a lot of updates every week to make the digital marketing industry more reliable and user-friendly hence Advertiser’s have to think about the commission structure and do make changes in commission scheme according to output.
According to a recent survey
“Affiliate Marketing Industry can grow up to $6.8 billion in next 5 years and played a crucial role for both advertisers and publishers to make money online with the help of Affiliate Marketing.”
Do you know what Advertisers and Publishers think about Affiliate Marketing Industry?
Nearly 90% of advertiser’s said that affiliate programs are very important for any business strategy and 20% of the overall revenue comes through affiliate marketing only, affiliate plays a crucial role in increasing your business without any investment while publishers have endless opportunity to make money online through affiliate marketing and earn a commission.
Enormous opportunity for publishers to take benefit out of that cool and simple marketing industry while advertiser’s take affiliate industry one of the major factors of success and must adopt the business model.
Some predictions about Affiliate Marketing by legends of Affiliate Industry
David Tile, Founder & Director of Nimble Media
Devon Kirk, Marketing Manager for getting Payroll & Simon Payroll App
Cole Hernandez, Founder of Pink Graffiti
Affiliate Marketing is providing you a platform where you can stand and grow independently, nobody is your boss, you can work virtually from anywhere and earn money while you sleep.
Some facts and figures
- According to a survey done recently more than 80% of advertiser’s and publishers are running an affiliate program.
- Advertisers spend more than 10% of the budget on Affiliate Marketing
- Maintaining Relationship with publishers play a very crucial role in affiliate industry hence if advertisers want to grow and build the successful affiliate channel then they must think about how to maintain and build a relationship.
Affiliate Marketing is a growing industry and continuously evolving. Advertisers will be able to drive higher net realized and are able to deliver a large volume of transactions all they need is quality publishers and quality traffic.
To become a successful affiliate marketer you need to choose a right niche and affiliate network to promote your product
Does it sound good? Yes /No/Maybe
Let us know in the comments below at the end of the article
Before we dive into affiliate programs let’s learn the major payout models
- CPS – (Cost Per Sale)
Also known as Pay Per Sale Model, high paying revenue share model where you will get a commission for every sale you deliver to the merchant website.
Very Clear and simple model, deliver sale and earn high commission.
- CPC -(Cost Per Click)
Earned commission on every click you delivered to merchant’s website, payout depends on the no of clicks you deliver.
- CPL -(Cost Per Lead)
For every genuine lead, you will get a payout which includes submitting a registration form or contact us form.
- CPM( Cost Per Thousand Impressions)
Publishers who have tons of traffic work on this model delivering millions of traffic every day to advertisers and earn a commission. Also, Publishers can earn money by working with ad networks as Taboola, Adsterra etc and make money online
- CPI (Cost Per Install)
Also known as Pay Per Install where you will get a payout for every app installation, marketers are shifting to mobile hence today revenue generation and a payout is high on mobile.
I hope you understood now about payout models of Affiliate Business.
Let’s talk about few High Paying Affiliate Programs
Started in 2007, headquartered located at San Francisco Newyork and is known to be a leader in Affiliate Marketing Industry providing affiliate marketing solutions with commission range of up to 70 %, currently working with 20,000 merchants and 1 million publishers so you will be in safe hand if you join Skimlinks
Started in 2000, headquartered located in Chicago US very popular in Affiliate Marketing Industry and one of the best and reliable affiliate networks for publishers and advertisers.
With more than 4000 merchants and 3000 products, it’s a well-known network with a great reputation in the market.
Avangate is one of the high paying affiliate programs when it comes to selling software online with a trusted payment gateway. Providing you complete E-commerce solution starting with setting up a product, taking care of payment gateway and handling publishers all is taken care by Avangate.
Partnered with 4000 digital business in more than 180 countries.