So what's the answer to "how much does an affiliate make?" The answer depends on several factors that will be discussed below. However I think it's safe to say that most people who have done affiliate marketing for any length of time would tell you they made at least $1,000 - $5,000 (or even more) each month from their own efforts alone. Of course there are some outliers out there but overall this seems like a fair ballpark figure.
Of course if one was really lucky or had a good product he/she could easily double these figures and possibly triple them! So how exactly does an average person go about making thousands of dollars online using just his/her computer? Let me explain...
The first thing to understand is that while earning lots of money online might seem easy it isn't necessarily so simple. You need to work hard to achieve results. And sometimes when things don't work out the way you expect them too you may feel discouraged. It's important not to let these feelings take root because they're likely going to cause you to quit before you've even started.
I'm sure you know by now that Clickbank has been around since 1999 and still remains the largest network for selling digital products online. In 2014 the company reported sales over $8 billion. Their commissions are generous and range anywhere from 15% to 45%. That means that if someone buys your product through your link and later decides to buy another item from you then you'll receive a commission on both those purchases combined. This is called residual income.
Let's look at it this way. Say you sell something for $100. If you choose to promote it to other potential customers via a clickbait site you'd probably only see a few hundred visitors. Now suppose after a week or two of promoting that same product you find that someone bought it directly from your link. Then that customer goes onto purchase another product from you which generates another commission check. Your total payouts would be roughly $200. Not bad eh?
But wait. What if that same product sells itself for $1000? Well, in that case your affiliate payments would rise to $400 ($200 + $200). Pretty sweet huh?
Now imagine you were able to drive traffic to whatever product you wanted through social media sites such as Facebook. How much money could you potentially make? Well according to HubPages' statistics, 1 million views equals approximately $500 worth of advertising revenue. Again, assuming your traffic generated leads to sales which generate additional commissions.
It all boils down to whether you decide to invest your time into learning how to create quality content and build relationships with others online or just simply copy-paste stuff off Google without having developed real skills.
If you want to learn how to become successful in affiliate marketing then I recommend reading books written by top internet gurus such as John Chow, Darren Rowse, Michael Hyatt, Pat Flynn, etc. These guys have years of experience under their belts and have seen countless success stories in their fields. They will also give you advice that will help keep you motivated throughout your journey.
In terms of actual earnings numbers, depending on where you live you should be able to make between $10K - $50K annually. Obviously this number varies greatly based on the size of your budget, level of expertise, location, audience demographic, etc.
Here is a list of some of the best places to start looking for information regarding how much money you can actually make in affiliate marketing today.
Well, this question makes no sense. How much does a piece of string measure? A lot of different lengths exist. However, here's my personal opinion on how much you can realistically expect to make every month doing affiliate marketing.
If you're new to affiliate marketing then consider yourself fortunate. Because if you don't already possess good writing skills you certainly won't be able to write well enough to attract readers to your blog posts. Furthermore, you won't be able to develop high authority backlinks either. Both of these factors play huge roles in determining your ability to earn substantial amounts of money online.
However, once you master those aforementioned skills (writing, SEO, etc.) then you'll be ready to scale up your business. Which brings us to our next question...
This question requires you to put aside notions of how much you currently earn as an employee. Instead focus on calculating your expected profits. As mentioned above, a decent amount of people make upwards of $5,000 to $20,000+ per month working part-time as an affiliate marketer.
Again, this number will vary considerably depending on the following:
Your current skill set
Level of education
Size of your target audience
And so forth.
Once again, the key to becoming successful in affiliate marketing lies in developing certain skillsets. Once you begin investing time in honing those skills then you'll be able to reap the rewards of being a productive member of society instead of living paycheck to paycheck.
Yes and No. Some companies require payment upfront whereas others allow you to collect commissions on future sales.
Generally speaking though, most reputable companies offer a recurring billing option. Meaning that you'll automatically receive a percentage of your earnings deposited into your bank account each month until you reach a predetermined threshold. After that point, the remainder of your earnings becomes available to spend however you please.
Some examples include PayDollar, PayPal, Infusionsoft, Amazon Payments, Stripe, Recurly, etc. Many companies now accept Bitcoin as a form of currency meaning that you can use this method to maximize your earnings.
Absolutely yes! And this is why I believe everyone needs to get involved with this industry as soon as possible. Sure, you can hire someone else to handle everything for you. Or you can try to tackle it all yourself. Either way works fine. Just remember, if you fail to provide value to others then eventually they will stop coming back. Eventually they will leave altogether.
Therefore, it pays to be patient and to stay consistent. Remember to always strive towards improving your skillset. Don't settle for mediocrity. Even if you're starting out with very little capital then just stick with it anyway. Keep pushing forward. Always improve. Never give up.
Do you have questions about affiliate marketing? Ask away in the comments section below. Also, if you enjoyed this article then head over to my website to read more similar articles.
If there's one thing that I've learned about the internet and online business over time, it's this: The more obscure something is, the less information people will have on it. It doesn't matter if they're talking about their favorite TV show or whether or not the new iPhone has a headphone jack - when someone asks "how much" for something, they'll usually get some crazy answer like "$100,000!", or "It depends."
The truth is that nobody knows exactly what any given product costs, but they all know roughly what things cost. And since everybody agrees on these ballpark figures anyway (even if they don't agree on which ones), everyone who wants to sell anything at least knows what price range he should be aiming towards.
But now that we've established that no two products cost the same amount, let's talk about making money off them instead! How much do affiliate links actually pay out? Are they worth your while? Let's take a look at three popular options right now.
For most beginners, the biggest hurdle to overcome is getting started. You need to find an offer that interests you enough to spend hours every day reading up on it. Then you need to figure out how to promote it properly without spending thousands of dollars on advertising. Once you finally start making sales, then comes the hard part: keeping those sales going.
Let's say you want to become an Amazon affiliate and set yourself up to make $10,000/month by selling Kindle eBooks through ClickBank. If you read everything in-depth about how to advertise Amazon books, you could probably learn how to do it well enough to reach that goal. But even if you were able to achieve that level of success, would you still make $10,000/month in commissions? Probably not. You'd probably only make around $2,500-$3,500/month, assuming you sold 100 books each week. That means you'd have to sell 5,000 books just to break even (at 20% commission).
That may seem low compared to other industries where you might make hundreds of thousands of dollars a year -- think real estate agents who charge tens of thousands of dollars for their services -- but remember that Amazon requires you to use its own platform to sell your book. So you're not competing against dozens of other authors trying to sell their books directly to customers. Instead, you're competing against millions of other sellers using countless different platforms.
So yes, Amazon is great because you can scale pretty easily once you've got traffic coming in. But unless you're willing to put in lots of effort upfront, you won't see the kind of profits you could potentially make elsewhere.
Affiliate marketing isn't always easy to profit from either. In fact, it takes years before you can expect to make back your initial investment. Even experienced marketers struggle to turn a profit consistently. However, there are ways to increase your chances of being successful. Here are four tips I wish I knew earlier:
1) Focus on offers that generate high quality leads. This goes hand-in-hand with the previous tip. You can't succeed if you're getting too little traffic. You also shouldn't be promoting clickbait. Your site needs to provide value to visitors.
2) Be patient. A lot of people jump into affiliate marketing thinking that it will magically bring in loads of cash overnight. They end up disappointed. When starting out, focus on building relationships with existing networks rather than signing up with new sites. Get involved with groups such as Reddit, Facebook Groups, etc., to build credibility and trust within your niche community.
3) Choose the best tools available. Tools like Backpackr allow you to track performance metrics related to your campaigns. Use analytics software to find out which keywords convert better and why. Learn how to write compelling content based upon keyword research. Take advantage of free training courses offered by companies like Wealthy Affiliates. Find out how to improve your conversion rate. These are crucial skills that'll help you stay ahead of the competition.
4) Don't quit. Many people give up after one bad experience. Just keep working until you develop consistent results. Your first few months will likely feel slow, especially if you're new to the industry. But stick with it. Over time, you'll gain confidence and eventually realize that affiliate marketing pays off big-time.
There are no guarantees in life. Even if you have perfect execution and tons of traffic, you could fail miserably at the last minute and never recover financially.
However, there are plenty of examples where affiliate marketers turned themselves into millionaires in record time. If you follow my advice above, you can definitely build a sustainable income stream and create wealth for yourself. But again, it's very difficult to predict how quickly you'll go from zero to hero. To be honest, I didn't hit millionaire status until almost ten years into my career as an affiliate marketer.
In addition, you must consider tax implications. As mentioned previously, Amazon has proven itself to be extremely lucrative for some people. For others, though, it's been a disaster. It's important to understand how taxes work before diving headfirst into this type of venture because failure to plan can lead to financial ruin down the line.
This question gets asked quite often whenever anyone mentions affiliate marketing. Unfortunately, there isn't a simple answer here. Every situation is unique depending on what you sell, how much traffic you drive, what percentage of conversions you get, etc.
When deciding how much you'll make per sale, you should take a number of factors into consideration. First, it's helpful to determine your average conversion rates. How many people did you sign up for your email list? What was their response rate? Did they buy your eBook? Do they come back regularly? All these questions and more affect how much you'll ultimately make per sale.
After finding your average conversion rate, multiply it by the total number of items you sold during that period. Multiply that result by the average price you charged for your item. Add another 50 cents or dollar onto that result if you made a wholesale deal with a distributor. Finally, add on additional fees and expenses such as shipping charges, credit card processing, hosting fees, etc.
Now you have a rough idea of how much you can expect to make. Of course, you'll need to factor in your personal circumstances and preferences. Some people prefer to run small businesses out of their homes, whereas others prefer to work full-time jobs outside of home. What matters is that you decide what works best for you.
I hope this article helps you get a clearer picture of how much money you can make in affiliate marketing. Keep in mind that it takes time to build a successful business. But if you play your cards right, you can certainly earn a nice living doing what you love. Good luck!
If I asked you "how much can you make if you're an affiliate?" and you answered "$10 million," then congratulations! You just made $400 billion dollars less than me. But your answer doesn't tell us anything about whether or not it's possible for someone like you to actually get rich from this kind of online business model.
You see, when people ask that question, they usually have some idea what their answer should be. They think that making millions is something only internet celebrities achieve on YouTube or through massive viral videos. Some don’t even consider themselves “affiliates” because they think there must be some sort of secret sauce involved that makes them successful at building up residual income streams.
That’s why I decided to dive deeper into the subject and find out exactly how much an individual can expect to make over time by being an affiliate marketer. This article will give you a very rough estimate of how much one might reasonably hope to make each year based solely on the work required (and assuming no other sources of revenue). Keep in mind though, that these numbers come directly from my own experience and may vary wildly depending upon who you choose to partner with and where you live.
I also want to point out that this isn’t meant to be a definitive guide to how much an affiliate marketer makes – rather, I just wanted to provide a better understanding of how difficult it is to make real money using affiliate programs. In fact, most of the information available about affiliate marketing is pretty misleading -- especially regarding how much money an average person could realistically expect to make. It seems almost every single post claiming to teach newbies all about making thousands of dollars a week is filled with clickbait titles designed to attract readers looking to learn more.
So let’s start our journey together by taking a look at how much an affiliate marketer can potentially make.
It depends entirely on which program you join and the niche you target, but yes, absolutely. Just last year, ClickBank alone processed over 2.5 million transactions worth around $1 billion. The company itself has been doing this since 1999 and now operates globally. So while it’s true that most of those sales were generated by large companies such as Amazon, eBay, Walmart, etc., it still shows that millions of individuals are able to turn a profit by promoting products sold by smaller businesses.
And remember, you don’t need a huge list of subscribers to generate significant earnings. Even just 100-200 active email addresses can bring in hundreds of thousands of dollars annually. That said, it’s important to note that success stories like this aren’t common. Most people simply fail to build sustainable traffic flows or create enough content to keep their lists interested. These two things combined are necessary for any affiliate marketer hoping to hit big with their campaigns.
Yes, definitely. And it’s becoming easier to accomplish. As mentioned earlier, affiliate networks have become increasingly popular in recent years due to the rise of social media platforms. Nowadays, anyone can easily set up shop and begin earning commissions without having to spend hours creating landing pages or writing blog posts. All you need is a few links pointing back to your website and maybe a simple squeeze page to collect emails for later use. In short, everything needed to succeed is already available today.
The biggest problem facing most affiliate marketers however is finding profitable niches. If you look at the top earners from Clickbank, you'll notice that nearly everyone focuses on eCommerce. That’s because this type of product offers a lot of room for growth. A seller can sell whatever they want and consumers are always looking for new ways to save money. On the flip side, selling physical goods requires a different approach. For example, you can’t just slap a price tag on an item and call it good. Instead, you’ll likely need to invest in inventory management software or hire employees to handle shipping orders. Those kinds of expenses can often eat away at profits.
In addition to targeting high-demand niches, another way to increase your chances of making lots of money with affiliate marketing is to focus on highly competitive keywords. Once again, this comes down to choosing a topic that's trending right now. For example, recently several news outlets reported that the world was experiencing record food shortages due to COVID-19 pandemic. Because of this, demand for protein bars skyrocketed. Since most people rely heavily on eating healthy foods to stay fit, they turned to Amazon and other retailers to buy supplements instead of going to the grocery store. The same thing happened after hurricanes Harvey and Irma struck Texas and Florida respectively.
This is one area where statistics are hard to pin down. Each network operator sets its own commission rates differently, so comparing apples to apples is tricky. However, according to data collected by Shareasale, the median monthly payouts range between $100-$600. Again, this figure varies greatly depending on how many customers sign up with your link and how effective you are at driving traffic to your site.
One thing to keep in mind is that once you've built up a decent amount of trust among potential buyers, you can probably command higher prices. After all, if you had an extra 1,000 visitors coming to your site daily, how would you feel if somebody offered you a 50% discount on your service? Obviously you'd jump at the chance, wouldn't you?
On the other hand, if you're constantly struggling to reach your goals, it becomes harder to justify paying full retail. Also, don't forget that you'll eventually run into competition. When that happens, you'll either need to raise your prices or drop out of the game altogether. Either way, it's best to avoid getting too attached to your initial payout rate. After all, nobody plans to lose money right away.
Now that we know that it's possible to make tens of thousands of dollars a year from affiliate marketing, it's easy to assume that everybody else is pulling in similar sums. Unfortunately, that's far from reality. According to industry insiders, the vast majority of affiliate marketers struggle to meet their financial targets. That's partly because many beginners lack patience and determination. Others simply haven't done the proper research before signing up.
However, there are always exceptions. One well known case involves a man named Steven Wilson. He became famous for his ability to drive enormous amounts of traffic to his websites. Today he runs multiple sites generating upwards of half a million dollars a day. His methods involve everything from SEO to PPC advertising. It took him five years to accumulate those figures, but that wasn't the end of his story. Eventually, he managed to monetize his efforts and earn six figures a month.
Become CEO of your own lead generation software company, just follow our battle-tested guidelines and rake in the profits.