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The 6 Highest-Paying Affiliate Platforms to Use in 2022 - YouTube
Channel: Neil Patel
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- According to Statista
affiliate marketing spending
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in just the United States alone
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is expected to reach $8.2 billion by 2022.
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That's more than triple what
it was 10 years earlier.
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Hey everyone, I'm Neil Patel.
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And today I'm going to break down
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the six highest paying affiliate
platforms to use in 2022.
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(upbeat music)
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Before we get started
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make sure you subscribe to this channel,
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and if you're on YouTube,
click the alert notification.
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Lots of bloggers make money
from affiliate marketing.
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Just look at Pat from
Smart Passive Income.
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A report from Awin shows that
65% of affiliate marketers
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choose content marketing
to generate traffic.
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With affiliate marketing content creators
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can make commission by marketing
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someone else's product or service.
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Every time a sale's
generated, they get paid out.
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It's usually a percentage
base or even a flat fee
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based on the lifetime
value of the customer
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that you're driving to
those companies, right?
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In essence, you drive a buyer,
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you get paid each and every single time.
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And if you're getting started
with affiliate marketing
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and want to learn about it,
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I have a video about what
is affiliate marketing
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and how you can leverage it,
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and you should see a
link for it on the screen
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if you're watching YouTube.
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So there's a huge opportunity
for you to monetize
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your traffic right now,
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whether you're generating organic traffic
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through, let's say content marketing, SEO,
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or you have tons of
followers on social media.
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But before I give you my list
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of the highest paying affiliate platforms
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I just want you to understand
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that there are two ways for you
to get paid as an affiliate.
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There's a one-time payout.
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This is when you get paid right after
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a sale has been made
from your affiliate link.
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Usually they'll pay you out
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within 30-60 days after that sale.
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So here's the problem with
getting paid out one time.
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Your payments are usually more than
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what the cost that the person
just did for that transaction.
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For example, if they just bought something
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that was $10 a month,
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you're probably going to get
paid out 50 bucks or even $100.
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Now the con with that model,
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you won't be able to forecast your revenue
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as each month the sales
you generate can vary,
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which impacts the predictability
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on how much you're going
to earn every single month.
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The second type of way
to earn affiliate revenue
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is reoccurring commission.
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Every time they get paid, you get paid.
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That's, in essence, the
model with affiliate
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that's monthly reoccurring.
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Now it's a percentage of the transaction.
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So if someone's getting
charged $10 a month,
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you may get paid $3 a month or $5 a month.
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But if that customer
lasts two, three years,
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it can add up to a pretty penny.
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Now here's a pro with that.
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Every month you'll generate
consistent revenue.
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And the more you continually
promote that product,
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the more consistent your income will be.
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If you promote that platform,
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that has a low churn rate, high retention,
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your money will really
start adding up over time.
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Now here's the con.
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You're going to make a tiny bit
of money every single month.
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And it'll take a really
long time to ramp up.
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And assuming that platform retains
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their customers really
well, you'll do well.
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But if not, you'll suffer.
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Now, those are just two types
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of affiliate platforms out there.
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And now let's dive into affiliate networks
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so you can get a chance to pick and choose
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which platform and
program is right for you,
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because each and every
single one of these platforms
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have different programs.
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And you can pick and choose which programs
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and certain types of payments
you want to go after.
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And they're all different.
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And let's say you have a
health site, or a casino site,
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or financial site, it doesn't matter.
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You literally can pick all
different types of platforms,
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create content, and generate revenue,
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but the things that you promote
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need to be relevant to your audience.
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Whether it's nutrition, or
sports, or healthy foods,
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et cetera, it doesn't matter.
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And affiliate programs
from an individual company,
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let's say, you know, let's
say you want to partner
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with Ubersuggest, my SEO tool, right?
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I've a SEO tool, you can be affiliate,
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and you need to subscribe.
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And then once you're
affiliate you can promote
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the sas based product
and you can get paid.
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Now the big difference with this is
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when you promote something that's like
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health or fitness related
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most of those things are one time.
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And the other stuff like the software,
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the reoccurring stuff,
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typically you'll start
getting paid out monthly.
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Now, with Ubersuggest,
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I don't really have an affiliate program.
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I was just more so using
that as an example for you.
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So now let's dive in to the networks.
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First one I have for you
Shareasale, check it out.
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The next one I have for you, ClickBank.
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ClickBank is more so
well-known for selling eBooks,
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but they're really popular.
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CJ is another one.
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Amazon, especially if you want
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to promote products on Amazon.
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eBay also has their own partner program.
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It's called the Ebay Partner Network, EPN,
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and there's also Flexoffers.
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Now, here's some of the highest
paying affiliate programs
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that I've seen from companies.
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Fiverr, earn up to $150 cpa
for every first time buyer
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or up to $1000 per sale
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with their $10 cpa/10%
rev share hybrid model.
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Services prices can go up to $10,000.
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Bluehost, payouts starting at $65.
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Hostinger, can offer
affiliates up to $150 per sale
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on a tiered pricing structure.
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Their affiliate partner program offers
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a base payout of around $60,
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with the opportunity to make up to $150.
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Now, that's affiliate
marketing in a nutshell.
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And especially when
you're looking at 2022,
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make sure you jump on the bandwagon.
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If you're already talking
or promoting other products,
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might as well get paid
in affiliate format.
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If you're not,
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you don't necessarily have to
get into affiliate marketing,
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especially if you already have something
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that's making you a ton of money
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like your business or your job,
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but if you want some extra income
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and you're already talking about
other products or services,
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join up for their affiliate program.
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And if they don't have one,
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go find another amazing product
or service that's related
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and sign up for their affiliate program.
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Now, if you have any questions,
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leave a comment below.
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I'm here to answer it.
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If you enjoyed the
video, like it, share it,
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tell the people about it.
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If you want help optimizing
your affiliate program,
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check out my ad agency, NP Digital.
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