Jamaicans can make almost US$500000 per month by becoming Affiliate Marketers.
An Affiliate marketing is a type of performance-based marketing in you, as the Affiliate marketer get paid to bring business i.e. visitor or customer to the Affiliate’s business and thus make conversion, or sales.
Affiliate marketers are effectively the equivalent of franchise and is actually similar to someone owning a franchise in a fast food business.
As such it has four (4) main components:
- The merchant i.e. retailer selling products
- The Affiliate i.e. the retailer’s product review website linking to products to be sold
- The Affiliate marketer i.e. the persons selling on behalf of the Affiliate
- The consumer i.e. they visit the Affiliate site, clicks the Affiliate link to the retailer’s website and purchases the retailer’s product
In the process, you get a percentage of the sale transaction. The advantages (Patel, 2015 January 16) of being an Affiliate marketer are as follows:
- Proven ability to make money
- 90% success rate
- Clear fit for you marketing product in the niche you’ve chosen
- Lots of support via various online communities
This is much easier to get into than being and Entrepreneur (Daley, 2013, September 13), as you are basically:
- Unsure if your product will sell
- 10% succeed
- Very risky as not sure if product will sell
- On your own most of the time
Best of all, with Affiliate marketing, you don’t need a massive audience to make money or any of your own product’s. Neither do you need dedicated clients or employees, albeit they will help you to make stable income as you expand. All you need to do is watch this video.
So what are the best Affiliate Programs?
Affiliate Marketing – Tools you’ll need to get started
First you need to have the following:
- Social Media Accounts i.e. Facebook, Twitter, Pinterest, LinkedIn
- Email for business
- Social Media Promotional Account or Page
You will also need:
- Paypal Account (Deer, 2015, September 9) as your main Payment Gateway
- Payoneer Account (Deer, 2015, September 10), an Bank of America Prepaid Debit Card
- Scotia VISA Debit (Deer, 2012, February 13) or CIBC First Caribbean VISA Debit Card
- Broadband Internet at home from FLOW or Digicel Play (Deer, 2016, June 28)
- Notebook or Journal to keep Track of all your Online Accounts and Passwords
- Portfolio of Published Written Work on a blog or Website online i.e. Blogs, e-books
- A VPN (Virtual Private Network) Connection
- A Friend or relative living abroad
So, let’s get started!!
Affiliate Programs vs. Affiliate Network – How to find them and key definitions
Then choose an Affiliate marketing program. There are two (2) types of Affiliate marketing programs:
- Affiliate programs
- Affiliate Network
Self-hosted programs run on the company’s website with Affiliate software tools. They can be easily found via a Google search using the terms “Brand + Affiliate Program”, where the word “Brand” is replaced by the brand name of the product or services you are looking for.
Based on my research, the best Affiliate Programs are:
- Website Affiliate Programs
- Travel Affiliate Programs
- Finance and Credit Card Affiliate Programs
- Fitness Affiliate Programs
- CBD Affiliate Programs
- Fashion Affiliate Programs
- Best Recurring Affiliate Programs
- Beauty and Makeup Affiliate Programs
- Gaming and Twitch Affiliate Programs
- Music Affiliate Programs
- Cryptocurrency and Bitcoin Affiliate Programs
- Sports Affiliate Programs
- Pinterest Affiliate Marketing Programs
Search for these and discover a galaxy of untold possibility (Enfroy, 2019, August 15)!!!
But if you wish to make money with a group that encourages you, then you need to join an Affiliate Networks. A list of the best Affiliate Networks (Edwards, 2018, May 17) (Copadis, 2019) in 2019, are:
- CJ Affiliate by Conversant
- eBay Partner Network
- iTunes Store
- James Allen
- Plus500 Affiliate Program
- Rakuten Marketing
- Sandals Resorts
- Template Monster
- VIP Cars
- WP Engine
- Amazon Associates
This is usually a website or hosting platforms with a collection of Affiliate Programs.
These networks help you as they:
- Direct you to join multiple new Affiliate Programs in different verticals
- View reporting on the performance of these Affiliate Programs
- See your commissions for multiple Affiliate Programs
So what are the keys to success with Affiliate marketing?
Secrets to Affiliate marketing – Most Profitable Niches online
The following secrets to Affiliate marketing will help you to make money online:
- Use Videos to get people’s attention
- Target highly profitable and popular niches
- Use a proven message to get lots of buyers
- Only promote what people are buying
- Use paid online advertising
The best most profitable Niches (Edmondson, 2019, April 15) online are:
- Fitness and Weight Loss
- Dating and Relationships
- Wealth Building Through Investing
- Make Money on the Internet
- Beauty Treatments
- Gadgets and Technology
- Personal Finance
So I’ll break this down these secrets in a few more simple steps.
Video Advertising – Easier to get buyers for your product
One of the best places to find videos for various niche, or area of focus is pond5.com.
Other sources of video such as Creative Commons videos exist that you can obtain via searching and filtering out, downloading and editing with Avidemux to make your own videos……if you are that talented.
Presell Page – Stick to the Proven Script
Use a proven script that exists, as you are more likely to sell the product than if you make up your own script.
So best to use a presell page for your product or design one with words that will encourage people to click on your Affiliate link and purchase your product.
Promoting products that are hot – Ride the Wave
Finally, promoting products that are ALREADY selling! Do not root for the underdog as that takes more work.
Do this by paying for ad spots on websites, Search engines or popular Social Media pages such as an Instagram or Pinterest page (Deer, 2018, May 20) that are already selling is like riding a wave. Best to get on the way early before it dies out.
Affiliate Marketing – Market your Presell Page Internationally
There are many things that people are not doing when selling Affiliate Programs on your website:
- Targeting the right audience with the right niche
- Build recurring commissions from your Affiliate program
- Use a Swife file i.e. a collection of tested and proven ads
- Thinking that technical knowledge gives them an advantage in sales
- Using a pre-created presell page
- Using Free Advertising Credit bean offered on Ad Networks e.g. Facebook, Youtube, Linkedin, Amazon
- Advertising Internationally
So in summary follow the few simple steps:
- Choose an Affiliate Program or Network
- Purchase a presell page – Best to purchase a presell page or have someone build you one on fiverr (Deer, 2019, April 22). A lot of tools exist to automate tasks so take advantage of them, such as using Facebook to match people in your buyers list to other on Facebook that are most likely to purchase your product.
- Create or get a Buyer’s list of emails to start – The best way to get the buyers list is to join an Affiliate program is ask the Affiliate program or Affiliate group to send you a list of their buyers. Many will tell you no, but some will send you a list of their buyers list to use in your email ad campaigns to get started.
- Pay for Ads on websites, Search Engines or Social Media Platforms – As mentioned before, pay for adverting on websites, Search Engines or Social Media Platforms (Deer, 2018, July 24) once you email campaigns have stated to make money.
You’ll make more money this way if you pay upwards of US$250 to US$1000 to advertise on websites, Search Engines or Social Media Platforms than trying to use free advertising (Deer, 2017, August 26) as your results will be very small.
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- Copadis, A. (2019). Go for Gold: The 15 Most Profitable Affiliate Programs with High Ticket Items and High Commissions most-profitable-affiliate-programs. Retrieved from https://cospot.com/affiliate/most-profitable-affiliate-programs/
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- Daley, J. (2013, September 13). What Is the Real Survival Rate of Franchised Businesses? Retrieved from https://www.entrepreneur.com/article/227394
- Patel, N. (2015 January 16). 90% Of Startups Fail: Here’s What You Need To Know About The 10%. Retrieved from https://www.forbes.com/sites/neilpatel/2015/01/16/90-of-startups-will-fail-heres-what-you-need-to-know-about-the-10/
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- Deer, L. (2018 , May 20). How Jamaicans can make money from Instagram and Pinterest. Retrieved from https://lindsworthdeer.wordpress.com/2018/05/20/jamaicans-instagram-pinterest/
- Deer, L. (2018, May 20). How Jamaicans can make money from Instagram and Pinterest. Retrieved from https://lindsworthdeer.wordpress.com/2018/05/20/jamaicans-instagram-pinterest/
- Deer, L. (2018, July 24). How Paid Advertising, SEM and SMM can generate Sales to Jamaican e-commerce Websites. Retrieved from https://lindsworthdeer.wordpress.com/2018/07/24/paid-advertising-sem-smm-jamaican-e-commerce-websites/
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- Deer, L. (2019, April 22). How Jamaicans can make US$1000 monthly with these high demand Gigs on fiverr, peopleperhour or fivesquid. Retrieved from https://lindsworthdeer.wordpress.com/2019/04/22/best-fiverr-gigs-for-jamaicans/
- Enfroy, A. (2019, August 15). 97+ BEST AFFILIATE PROGRAMS OF 2019 (HIGHEST PAYING FOR BEGINNERS). Retrieved from https://www.adamenfroy.com/best-high-paying-Affiliate-programs