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Successful affiliate marketing offers the potential to significantly scale your earnings without hiring extra help. You can introduce new products to your current audience and build campaigns for additional products while your existing work continues to generate affiliate revenue in the background.

Affiliate marketing income spans a large spectrum. There are some affiliate marketers that will make a few hundred bucks per month and others that make six figures a year. The larger your following, the more money you can make as an affiliate marketer.

The first step is figuring out the platform you want to build your audience around. Every affiliate marketer has a different approach and platform. There are many affiliate marketing ideas you can choose from based on different methods:

As we mentioned earlier, affiliate marketing revenue eventually can become a form of passive income, but you still have to do some heavy lifting upfront. The success of your program will depend on the quality of your review.

Earning money with affiliate marketing programs can be a rewarding way to add a new revenue stream for little or no money in upfront investment. Affiliate marketing takes time, but by putting in the hours to find the right affiliate network and dial in your strategy, you can build an affiliate system that generates passive income for years to come.

There are many types of affiliate programs, ranging from online courses to website builders to marketing and business affiliates. Here, we're going to explore the best affiliate programs with the highest earning potential to ensure you can make money off the content you provide.

While those are questions you'll have to consider for yourself, let's take a look at some general types of affiliate programs so you can begin brainstorming potential avenues for your own marketing efforts:

For instance, if you work for a marketing agency, you could partner with a company that sells design tools and include an affiliate within emails you send to design clients. This could help your clients create higher-quality content while providing an added source of revenue.

ConvertKit's affiliate program is primarily addressed to existing ConvertKit users who feel their audience could benefit from email marketing products. The program offers a lifelong 30% commission for every referred paying customer or webinar subscriber.

There are over 200,000 customers that use Systeme.io to build sales funnels, send unlimited emails, create and manage online courses and blogs, run affiliate programs, build websites, and automate almost every aspect of their marketing.

Affiliates get paid a 200% commission on the referred customer's first monthly payment, which can range anywhere from $29 to $299 (or even higher with their Prime custom tier). As an affiliate, you get access to marketing material to assist in your promotional efforts.

Formerly known as Linkshare, Rakuten is one of the oldest affiliate networks in the game. Because Rakuten has been a trusted name in affiliate marketing for so long, it has been able to establish partnerships with some of the biggest brands in the world including Sephora, New Balance, and JetBlue.

If you are looking to work with top-tier B2B companies that provide higher commission and conversion rates, the PartnerStack Network should be the first place you start your search for affiliate marketing programs.

Given the rate at which new digital marketing technologies and software are developed, it can be overwhelming to learn through blog posts and ebooks alone. Online marketing courses and certifications make it easy to sharpen your skill and expand your knowledge.

Similarly, your role will also influence the suggestions you see. As a marketing writer, I get recommended copywriting, SEO, and social media marketing courses. If I were a data scientist, I may be recommended courses on programming languages and machine learning.

Affiliate marketers get paid a commission for referring customers to companies where they make purchases. These commissions can range from less than 1% to 20% or more, depending on the product and level of referral volume. For online campaigns, a customized link or referral code is used to track sales. In this sense, it is a source or passive income since the affiliate can continue to earn money once they have set up their campaign."}},{"@type": "Question","name": "How Much Money Can You Make As an Affiliate Marketer?","acceptedAnswer": {"@type": "Answer","text": "Incomes for affiliate marketers vary, with some making a few hundred dollars and some making six figures. It depends on what is being marketed, how much influence the marketer has, the affiliate's reach, and how much time is invested in marketing products. Often, those spending more time marketing the company's products will earn more money."}},{"@type": "Question","name": "Can Beginners Do Affiliate Marketing?","acceptedAnswer": {"@type": "Answer","text": "Becoming successful through affiliate marketing takes time, skill, and experience. However, it may suit beginners a bit better than alternative platforms since you do not have to invest in physical merchandise or inventory at the start."}},{"@type": "Question","name": "Can You Start Affiliate Marketing With No Money?","acceptedAnswer": {"@type": "Answer","text": "Yes, there are several free platforms and affiliate networks available for little or no money. Instead, you will need to big a large online following through efforts such as blogging, social media posting, and so on."}},{"@type": "Question","name": "How Do I Become an Affiliate Marketer?","acceptedAnswer": {"@type": "Answer","text": "To become an affiliate marketer, consider what platform you will use to promote products and/or services. Blogs are an effective channel for advertising and promoting as it allows the blogger, serving as an expert, to express an opinion about the offering.After identifying a platform, find a specific category that you are comfortable with or interested in. A focused segment can better help you attract a dedicated consumer base. Research affiliate programs and choose one or more based on your needs, whether it be earning high commissions or generating more traffic. Lastly, develop solid and interesting content around the offerings and work to increase traffic to your site."}}]}]}] EducationGeneralDictionaryEconomicsCorporate FinanceRoth IRAStocksMutual FundsETFs401(k)Investing/TradingInvesting EssentialsFundamental AnalysisPortfolio ManagementTrading EssentialsTechnical AnalysisRisk ManagementNewsCompany NewsMarkets NewsCryptocurrency NewsPersonal Finance NewsEconomic NewsGovernment NewsSimulatorYour MoneyPersonal FinanceWealth ManagementBudgeting/SavingBankingCredit CardsHome OwnershipRetirement PlanningTaxesInsuranceReviews & RatingsBest Online BrokersBest Savings AccountsBest Home WarrantiesBest Credit CardsBest Personal LoansBest Student LoansBest Life InsuranceBest Auto InsuranceAdvisorsYour PracticePractice ManagementFinancial Advisor CareersInvestopedia 100Wealth ManagementPortfolio ConstructionFinancial PlanningAcademyPopular CoursesInvesting for BeginnersBecome a Day TraderTrading for BeginnersTechnical AnalysisCourses by TopicAll CoursesTrading CoursesInvesting CoursesFinancial Professional CoursesSubmitTable of ContentsExpandTable of ContentsWhat Is Affiliate Marketing?How It WorksSpecial ConsiderationsTypesAdvantages and DisadvantagesExamplesAffiliate Marketing FAQsBusinessMarketing EssentialsAffiliate Marketer: Definition, Examples, and How to Get StartedByJake FrankenfieldUpdated October 22, 2022Reviewed byMargaret JamesFact checked byRyan Eichler Fact checked byRyan EichlerFull Bio LinkedIn Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as fact checking & editing.Learn about our editorial policies Investopedia / Zoe Hansen

Not all affiliate programs are the same though. Some will pay different percentages of commission, others will offer a fixed bonus, and some will offer free products or services in return. With time and hard work, successful affiliate marketing can turn your side hustle into a profitable business venture.

No matter which platform(s) you decide to use for affiliate marketing efforts, the next step is to start creating content that builds trust with your target audience. In 2020, internet users worldwide spent, on average, 145 minutes per day on social media. What keeps us online for over two hours a day? Great content.

The last tip for growing your affiliate marketing business is engaging with your audience. Generating conversation not only helps your followers or subscribers feel heard but also works in your favor for social media algorithms.

So start thinking about what niche you could start building, working up to a passive income, and work from anywhere you want (or just tinker with outside of your main income). If ecommerce and entrepreneurship are your areas of interest, try applying for the Shopify Affiliate marketing program.

For example, the seller could be an ecommerce merchant that started a dropshipping business and wants to reach a new audience by paying affiliate sites to promote their products. Or the seller could be a SaaS company that leverages affiliates to help sell their marketing software.

This is the standard affiliate marketing structure. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of affiliate marketing strategies. In other words, the affiliate must actually get the investor to invest in the affiliate product before they are compensated. 2b1af7f3a8