The phrase, "Affiliates are an extended sales force for your business", which is often used to explain affiliate marketing, is not completely accurate. The primary difference between the two is that affiliate marketers provide little if any influence on a possible prospect in the conversion process once that prospect is directed to the advertiser's website. The sales team of the advertiser, however, does have the control and influence up to the point where the prospect either a) signs the contract, or b) completes the purchase.
Always disclose your affiliate relationship. Most visitors will probably understand that graphic ads will lead to your getting paid, but if you write a review or use an in-text link as a recommendation, you want your readers to know that may lead to compensation as well. This ensures you retain transparency and trust with your readers, but also, it's required by the FTC's endorsement rules.
On Shopify, you can earn up to $2,000 per customer and the highest commissions on referrals. Simply sign up to this affiliate program and receive a special link to share on your blog or social media posts. For every customer that signs up to Shopify through your links, you’ll earn an income. Each time you refer someone to Shopify, you can earn 200 percent of a customer’s subscription fee.
If you own a travel blog, why not attempt to make some money out of your love for travel writing by joining the Booking.com Affiliate Marketing Program? After signing up to the affiliate network you’ll have the choice of placing a search box, link or banner onto your website. Commission is tiered, ranging from 25% for 0 – 50 stayed bookings per month, to 40% commission for 501 or more stayed bookings per month.
Before I share the strategies that I’ve used to generate over $100,000 in affiliate commissions per month at this point, there are two extremely important rules I use when promoting products that are not my own. You don’t have to use these rules in order to become an affiliate or be successful at it, but it’s what has helped me grow my affiliate income tremendously over the last couple of years: