" The Best Affiliate Programs To Consider For Generating Additional Income"
Table of Contents
- Introduction
- What to Look For in An Affiliate Program
- Technical Considerations
- High Commission Rates
- Long Cookie Lifespan
- Good Brand Recognition
- Vendor Transparency
- 20 Best Affiliate Programs with Recurring Commission
- 10 Strategies to Increase Customer Lifetime Value for your SaaS Business
- 20 Best Affiliate Programs in the Marketing Industry
- Product Resources
- Company Help
- Pro tip
- Wrapping up
- More Articles in Growth Marketing
Introduction
If you’re looking to create an additional stream of income, you might want to consider affiliate marketing. In affiliate marketing, you promote another company’s products or services (the company is referred to as the “merchant”). You earn a commission each time a purchase is made using your affiliate links.
" The Best Affiliate Programs To Consider For Generating Additional Income"
What to Look For in An Affiliate Program
The affiliate program is the website that allows the affiliate and merchant to collaborate. The merchant provides the products, while the affiliate marketer can use the platform to choose links, see stats, and track their success. Merchants use software such as CJ Affiliate and Clickbank to monitor clicks, track conversions, and pay out commissions.
" The Best Affiliate Programs To Consider For Generating Additional Income"
Technical Considerations
You should choose an affiliate program with robust technical capabilities if you want to see the best possible results. Before you join a program, check what affiliate tracking software it uses and ensure it has all the necessary functionality. The best affiliate tracking software solutions offer features such as click tracking, conversion tracking, and commission tracking.
" The Best Affiliate Programs To Consider For Generating Additional Income"
High Commission Rates
Each merchant will offer different commission rates to the affiliates in its program. In the SaaS industry, the typical commission rate will be around 20%. Rates also depend on how much value a company places on affiliate marketing, and how competitive they want to be. While a high commission rate is not the only thing to consider, it’s a good place to start.
" The Best Affiliate Programs To Consider For Generating Additional Income"
Long Cookie Lifespan
Cookies are small pieces of data that are stored on your computer when you visit a website. They allow businesses to track users’ actions for marketing and monitoring purposes. Pay attention to the cookie lifespan before you join an affiliate program. Longer cookie lifespans are advantageous to you as the affiliate because people often don’t convert on a first website visit.
" The Best Affiliate Programs To Consider For Generating Additional Income"
Good Brand Recognition
If a prospective affiliate program merchant has a recognizable brand and good reputation, you can proceed safe in the knowledge that it is a good company to partner with. Brand recognition can be a great conversion factor, but you also want to consider innovation. A new brand with a truly innovative product might help drive more conversions.
" The Best Affiliate Programs To Consider For Generating Additional Income"
Vendor Transparency
Trust and communication are vital to a good working relationship. Check whether your prospective affiliate merchant has clear affiliate program policies and conditions. You should easily be able to find out how commissions are calculated, any rules you’ll be bound by, and who to contact if you need help or support. A lack of transparency spells trouble down the road.
" The Best Affiliate Programs To Consider For Generating Additional Income"
20 Best Affiliate Programs with Recurring Commission
- Woorise
- Prowly
- Brand24
- Insightful
- Airmeet
- Coupler.io
- Eagle App
- Stripo
- Hubspot
- Omnisend
- ConvertKit
- AWeber
- Leadpages
- Unbounce
- SEMrush
- BigCommerce
- Tribe
- Moosend
- Constant Contact
- Pipedrive
10 Strategies to Increase Customer Lifetime Value for your SaaS Business
Once you become an affiliate, it’s important to focus on increasing customer lifetime value (CLTV) for the SaaS businesses you promote. By increasing CLTV, you can earn higher commissions and boost your overall income. Here are 10 strategies to consider:
- Offer Upsells and Cross-Sells
- Provide Exceptional Customer Service
- Implement a Customer Loyalty Program
- Personalize User Experiences
- Nurture Customer Relationships
- Retarget Customers with Relevant Offers
- Encourage Referrals
- Continuously Improve Your Product
- Stay Up-to-Date with Industry Trends
- Use Analytics to Gain Insights
20 Best Affiliate Programs in the Marketing Industry
- Adobe Creative Cloud
- Freshbooks
- AnyTrack
- Inboxally
- ReferralCandy
- OSI Affiliate
- Media Mister
- SocialBee
Product Resources
- Woorise Affiliate Program
- Prowly Affiliate Program
- Brand24 Affiliate Program
- Insightful Affiliate Program
- Airmeet Affiliate Program
- Coupler.io Affiliate Program
- Eagle App Affiliate Program
- Stripo Affiliate Program
- Hubspot Affiliate Program
- Omnisend Affiliate Program
- ConvertKit Affiliate Program
- AWeber Affiliate Program
- Leadpages Affiliate Program
- Unbounce Affiliate Program
- SEMrush Affiliate Program
- BigCommerce Affiliate Program
- Tribe Affiliate Program
- Moosend Affiliate Program
- Constant Contact Affiliate Program
- Pipedrive Affiliate Program
Company Help
If you need assistance with affiliate marketing, reach out to the customer support team of the company you are promoting. They can provide you with marketing materials, guidelines, and any additional information you may need to successfully promote their products or services.
Pro tip
When promoting affiliate programs, remember to disclose your affiliate relationships to your audience. This promotes transparency and trust with your readers.
Wrapping up
Affiliate marketing can be a lucrative way to generate additional income. By choosing the right affiliate program and implementing effective strategies, you can maximize your earnings potential. Consider joining some of the best SaaS affiliate programs listed in this article to get started on your affiliate marketing journey.
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Note: The content in this article is for informational purposes only and should not be construed as legal advice. Always do your own research and consult with legal professionals before engaging in affiliate marketing.