How Much Do Affiliate Marketers Make? Is It Worth It? (2024)

Are you a natural-born salesperson? Are your friends always asking where you got your bag, sofa, or glowing skin? Are you so passionate about a certain cause or innovation that you get others excited about it, too?

You could be an awesome affiliate marketer.

Let’s take a step back. What is affiliate marketing? It’s a type of content marketing that allows brands to partner with influencers (or natural salespeople like you) to promote their products or services to a particular target audience. That audience could be your social media followers who are pumped about the same things as you and love your good sense in fashion (or otherwise).

Since you already have sway with your audience, you’re missing out on some easy income, which means it’s time to learn how to get your start in a successful affiliate marketing partnership.

How does affiliate marketing work?

In affiliate marketing, you earn a commission from the e-commerce sales of products you promote or a certain amount for clicks on a link. In the tech world, you can get paid for the number of installs of software you recommend. Commission rates vary depending on how many posts you make, how much you sell, or how wide your posts reach.

Some social media platforms, like Instagram, make it easy for you to get started with internal affiliate marketing programs. These programs allow you to sign up to influence in a particular niche. Most affiliate marketing opportunities run through third-party sites. They partner you with companies in your content area so that you can start promoting these businesses wherever you see fit — whether that’s in a Facebook post or a YouTube tutorial.

How exactly do you promote these brands? Usually, they’ll give you an affiliate link or send you products to show off — but the content should be true to your brand and niche. Make it your own!

Is affiliate marketing passive income?

Not entirely. You’ll have to do some work to post links and promote products, so it’s not a truly passive income. But if you work in a niche you’re excited about, it shouldn’t feel like work.

Whatever you do, read up on payment percentages and terms before getting started. And, remember: the going may be slow at the start, but that won’t be forever.

What are the different types of affiliate marketers?

You may already have a niche, but take things one step further by deciding what type of affiliate marketing strategy suits you best (or at least, brush up on your industry terminology). There are three main categories of affiliate marketing:

  • Unattached: In this type of marketing, you’re a fish out of water. You don’t advertise in your niche, so you aren’t necessarily knowledgeable about what you’re promoting. This may make it harder for you to push products to your audience, but where there’s a will, there’s a way. Feel free to use a disclaimer that states you’re an affiliate, so people won’t assume you’re an authority on the goods you’re promoting.
  • Related: This category is the kind of marketing we’ve been talking about most in this article: the kind where you use the following and authority you already have to pitch a retailer’s product or services (without doing much work).
  • Involved: In this model, you go deep. This type of marketing isn’t about posting a referral link but about sharing your personal experience with a product in testimonial-style advertising. You work with products you’re genuinely excited about and have personally used, so you do know what you’re saying.
How Much Do Affiliate Marketers Make? Is It Worth It? (2024)

FAQs

How Much Do Affiliate Marketers Make? Is It Worth It? ›

Affiliate marketing can be a source of high passive income, as some successful affiliates make over $100,000 per month. However, it requires effort, patience, and consistency to succeed. To be successful in affiliate marketing, it is important to choose a niche that you are genuinely interested in.

How much do affiliate marketers really make? ›

Affiliate Marketing Salary
Annual SalaryHourly Wage
Top Earners$125,000$60
75th Percentile$99,500$48
Average$82,015$39
25th Percentile$66,000$32

Is it worth it to be an affiliate marketer? ›

Conclusion. Affiliate marketing is worth it if you enjoy creating content and want to inform, educate, or entertain people. It's also an excellent and legitimate way to earn passive income online without the complexities or demands of other ventures like ecommerce or freelancing.

Do people actually make money with affiliate marketing? ›

Is affiliate marketing legit? Despite a controversial reputation among those not really in the know, affiliate marketing is a totally legit way to earn an income. At the end of the day, the majority of the world's population is internet-connected, and online sales in all categories are constantly increasing.

How much should you pay affiliate marketers? ›

In general, the average affiliate marketing commission rate lies between 5 and 30%. Most businesses will start on the lower end and increase this rate as the brand grows. This rate should be attractive to your affiliates and affordable within your payment ability.

Can you make $100 a day with affiliate marketing? ›

The core of my strategy emphasizes building a genuine online business, focusing on evergreen topics, and tapping into passive income sources for scalability. This is how I made $100 per day with affiliate marketing, and then kept scaling it up.

Can you make $10,000 a month with affiliate marketing? ›

As with any marketing strategy, it's essential to track your results, analyze data, and make adjustments accordingly to improve your ROI. In conclusion, affiliate marketing is a great way to make money online, and with the right strategy, you can earn $10,000 per month or more.

Is there a downside to affiliate marketing? ›

However, affiliate marketing also comes with some challenges and drawbacks. One of them is the high level of competition and low conversion rates in many niches and markets. Depending on your niche, you may face hundreds or thousands of other websites that are promoting the same or similar products or services as you.

How hard is affiliate marketing for beginners? ›

Keep in mind that affiliate marketing success doesn't happen overnight. If you're just starting, your content might take a while to generate conversions. It's essential to devote time to learning and implementing affiliate marketing best practices.

Is it hard to make money as affiliate? ›

You can definitely get by without being an industry expert. But it's hard for new affiliates to make it if they don't have hands-on experience of the products they're promoting. That sort of practical knowledge is a massive benefit because: You know exactly how good the product is.

Who is the highest paid affiliate marketers? ›

we'll dive into the top ten richest affiliate marketers, and how they carved their paths to digital marketing success:
  1. Pat Flynn. ...
  2. John Chow. ...
  3. Jeremy Schoemaker. ...
  4. Neil Patel. ...
  5. Zac Johnson. ...
  6. Charles Ngo. ...
  7. Missy Ward. ...
  8. Shawn Collins.

How much does Amazon pay affiliates? ›

It's called the Amazon Associates program, and it is a free-to-use affiliate marketing program where you can promote and market any product selling on Amazon, and get a commission of 1-10% on any sale you generate for Amazon.

What are the highest paying affiliate programs? ›

Top High-Ticket Affiliate Marketing Programs
  • Thinkific. ...
  • BigCommerce. ...
  • Flywheel. ...
  • DreamHost. ...
  • HubSpot. Commission: 30% recurring (for up to one year) ...
  • Fiverr. Commission: Fixed rate, hybrid, or revenue share. ...
  • Kinsta. Commission: One-time and recurring. ...
  • OceansCaptain. Commission: Up to 50%
Dec 1, 2023

How much do beginner affiliate marketers make? ›

How much do beginner affiliate marketers make? Affiliate marketing commission rates start as low as 1% of the total sale price of a product but beginner affiliate marketers can make up to 30% commission per sale.

What is the average affiliate sale rate? ›

Affiliate Marketing Revenue & Earning Potential

The average affiliate marketer earns $8,038 per month. Affiliate marketers with 3+ years of experience earn 9.45x more than beginners. The average affiliate website RPM is $149.76.

How much do Amazon affiliates get paid? ›

It's called the Amazon Associates program, and it is a free-to-use affiliate marketing program where you can promote and market any product selling on Amazon, and get a commission of 1-10% on any sale you generate for Amazon.

How long does it take to make good money with affiliate marketing? ›

How long does it take to make money as an affiliate marketer? Based on my experience and speaking with many affiliate marketers, on average, it takes around six to 12 months to start earning money as an affiliate marketer and around two years to earn enough money to quit your day job.

Who is the highest paid affiliate marketer? ›

we'll dive into the top ten richest affiliate marketers, and how they carved their paths to digital marketing success:
  1. Pat Flynn. ...
  2. John Chow. ...
  3. Jeremy Schoemaker. ...
  4. Neil Patel. ...
  5. Zac Johnson. ...
  6. Charles Ngo. ...
  7. Missy Ward. ...
  8. Shawn Collins.

How much do affiliate marketers make on Amazon? ›

How much does the Amazon Affiliate program pay? You can earn, on average, from $100 to $20,000 from the Amazon Affiliate program, depending on how many referrals you generate for Amazon. The Amazon Affiliate program operates on a commission basis, meaning you'll make a percentage per sale.

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