Affiliate marketing is the primary source of income for those who are willing to make six digits of money on YouTube. In a nutshell, choosing the best affiliate program is the key to success.
YouTube AdSense and Affiliate marketing are the two main streams for YouTubers to make more money on YouTube. It depends on how they are using. Both platforms help you to make a decent amount of money, but from my point of view, Affiliate marketing is one step ahead of AdSense.
You may ask why?
The ads displayed on the video are fully controlled and handled by AdSense. Hence CPC, CPM, and other formula factors can’t predict by you, and also, it’s not stable. Moreover, the commission rate is a little low.
But in Affiliate marketing, the commission rates are high per sale. In the meantime, the commission rates are transparent; For example, the Bluehost affiliate program commission rate is $65/sale. Yes, you read it right. $65 for a single sale is a huge commission. That’s why I love affiliate programs.
What I’m trying to say is the best product makes you successful. To be a successful affiliate marketer, you need to focus more on choosing the best affiliate products on your channel.
Note: This post is particularly made for YouTube content creators. In case, you’re a blogger, just read it. This strategy applies to your business also.
So, in this guide, I will explain you to the three simple ways to choose the best affiliate programs on your channel. Without further delay, let’s see.
3 Ways to Choose the Best affiliate programs
Before that, if you haven’t started a channel, then click here and start it.
1. Niche Related Product
People come to your channel for the topics which you’re doing. In such a case, you’ve to promote the product which is related to the niche. For instance, consider the Aweber affiliate product, which is an email marketing service and you have a food channel.
In such a case, what is the purpose of promoting email marketing service on the food channel? Is that make any sense to the audience? Is that make any conversion or sales? I think, not.
Therefore, if you’re promoting or sharing niche related affiliate products means, it would make tremendous sales. I personally know this result. Otherwise, you’re new to YouTubing and struggle to select the niche for your channel means, then read the below post.
Bonus Tip
Use the product before you promote it. Once you used it, then you get the clearance of the entire product. Hence, it helps to suggest it clearly to the audience.
2. Commission Formulae
The very next thing you need to consider is the commission rate of the product. Generally, the affiliate marketing commission flows in two ways. One-time commission and recurring commission.
What is a One-Time commission?
The product owner gives the one-time commission for each sale. Many of the affiliates produce have a monthly subscription plan. So, the merchant distributes the commission for the first sale alone.
My recommendation is while choosing this type of commission, take a look at the high commission rate. Even a single sale can earn some big money in your pocket. Instead of making 100 sales which have a low commission, it’s better to make five sales which have a high commission rate.
For example,
- $65 * 10 sale = $650 in your pocket. (Bluehost affiliate)
- $2 * 50 sale = $100 in your pocket.
What is Recurring commission?
In a nutshell, for each monthly and yearly subscription, the respective affiliate marketer will get the commission. Not only for the first sale. This is called a recurring commission of passive income.
In other words, once you make a sale through your affiliate link, each time the user pays to the product (renewal), you will get a commission. With the help of recurring commission, you can able to make a peaceful commission every month.
Earning money on YouTube with affiliate marketing is like giving you a pack of gold boxes. Moreover, the recurring commission in affiliate marketing is adding diamonds in each pack of gold boxes. It’s a double lottery.
Even you dint receive a new sale, with the help of the previous sale, your bank account will load the cash.
For example, take the Berush affiliate product, the recurring commission rate isย 40%. Let’s do some math. Consider, in January you are making three sales. In February, you make two new sales and also have three recurring transactions. Therefore, at the February end, you’ll have 5 sales commissions in your pocket.
Note
Audience satisfaction is 100% important. Don’t promote the product, which is not good even it gives you more commission.
3. Basic Requirements
Consider and check whether some of the basic requirements are available before choosing the affiliate product. Because with the help of those gadgets, you can able to move your affiliate sale into the next level.
Check once the below things are available or not,
- Promotional Banner Ads – Attractive banner ads lead to an increase in your sale.
- Payment Methods – Check secure payment methods are available or not. Some of the trustable payment methods are PayPal, Wire Transfer, and Cheque.
- Easy Tracking – The most important thing is the method of tracking your sale. With the help of sales tracking, you can able to increase your sales growth, and also it helps to correct your mistakes.
That’s all about the three main factors to consider before choosing the affiliate products. Once your affiliate product achieves and satisfies the above things, then ready to go with that.
Conclusion
Choosing and Promoting the best affiliate program is the theme of affiliate marketing. I wish you to get success. Therefore, kindly implement those techniques and achieve big on YouTube.
I hope you enjoyed this post, in case you’ve any doubts, feel free to contact me in the comment section. Also, share this post on Facebook and Twitter.
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