In this short tutorial I will show you the three different ways to make money on affiliate marketing and how much you can earn.
The bigger an audience you have and the more potential customers among them, the higher your income from affiliate marketing may be.
There are several models for making money in affiliate marketing. The first model is based on the commission of the price of the sold product or service, the second is a fixed payment for each sale that was generated thanks to you and the third model is the fixed or floating fee per click on the advertiser's website.
Usually clicks bring the lowest income.
Here you will earn from a few cents to several dollars from each click, higher bids are very rare. Income based on the share of the price usually is higher. As a rule advertisers are ready to share one to five percent of the price of goods and up to seventy five percent or more when it comes to services. The highest rates are usually in the sale of digital products, such as for example courses or even hundred percent commissions are possible.
The two percent conversion rate from visitors to buyers is reachable in most niches. Based on this rate the average reward in the desired affiliate program, and the volume of your traffic you can predict in advance how much you will earn. It's not worth choosing an affiliate program by the rate of volume only. The main key to success is if your audience is willing to buy that product or service. For example, selling 100 flight tickets and earning 1.5 percent of their price is better than selling one online course and earning 20% of its price. You won't see sales if the product or service is not interesting to your audience. So choose what your audience wants. For example most people travel at least once a year, and you can make money on their travel.
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