Make Money With Affiliate Marketing (2024)

The Internet offers boundless possibilities for earning a living online. Upwork and Freelancers Union found that 35% of the American workforce did some freelance work in 2019. Furthermore, 77% of them said that technology made it easier to find freelance work.

Affiliate marketing is one way to make money on the Internet. Affiliate marketing is supposed to produce passive income, but does it really work? Let’s take a closer look.

Key Takeaways

  • In simple terms, affiliate marketing means selling goods and services from another person or company.
  • Nine percent of publishers surveyed produced more than $50,000 in affiliate income in 2016.
  • Always remember that you're likely to make more money with affiliate marketing content that is similar to your own.
  • Traditional advertisem*nts and selling your own products can help if your affiliate-marketing revenue dries up.

Affiliate Marketing Defined

In simple terms, affiliate marketing means selling goods and services from another person or company. It is like a referral service. You set up a website or blog and join affiliate programs that are relevant to your audience. You can connect to these programs through affiliate networks, which provide you with a link that you include on your site. When someone clicks the link and buys the product, you get a portion of the sale as a commission.

How Much Can You Earn?

The affiliate marketing industry is growing steadily. Statista reported that spending on affiliate marketing in the U.S. was predicted to reach $8.2 billion by 2022. That's up considerably from $5.4 billion in 2017 and $1.6 billion in 2010.

Another study from VigLink offers a closer look at just how much income affiliate marketers are making. According to the survey, 9% of publishers produced more than $50,000 in affiliate income in 2016. The majority of merchants—65%—said they were making between 5% and 20% of their annual revenue from affiliate marketing. The survey also showed a link between experience and revenues. Among the merchants with the most revenue, 60% had been involved in affiliate marketing for five years or more.


This majority of merchants said they were making between 5% and 20% of their annual revenue from affiliate marketing.

The biggest benefit of affiliate marketing is that you can more or less earn revenue on autopilot once it is up and running. All you need is a steady flow of traffic to your blog or website. However, there are some downsides.

If a company changes the terms of its affiliate program, your revenues could be directly affected. Becoming an affiliate for the wrong businesses can also create problems. You won't earn money if your blog or website audience doesn't feel compelled to buy their products or services. Given the growth of affiliate marketing, you’ll also have to contend with fierce competition from other marketers promoting the same products.

Finally, you'll have to keep people coming to your website with fresh content.

Developing a Successful Affiliate Marketing Strategy

It is relatively easy to get started in affiliate marketing, but generating sustainable income from affiliate programs is an entirely different ballgame. If you’re thinking of giving it a try, it is vital to lay the groundwork first.

Start by thinking about your audience. What kinds of goods and services do they want? Which products are you currently using that you would feel comfortable recommending to your readers? You can always add links to any affiliate program to your site. However, it would be best if you stuck to products that are connected with your websites to maximize the click-through rate and keep your audience.

Next, research individual affiliate programs to compare their structures. You want to consider factors such as the size of the commission and how often the company pays affiliates. Make sure you also understand any rules they impose on members of their affiliate networks. Always remember that you're likely to make more money with affiliate marketing content that is similar to your own.

Finally, be upfront with your readers. Adding a disclosure to your blog posts or somewhere on your website lets them know that they may come across affiliate links. This disclosure adds to your credibility, and it is also required by the Federal Trade Commission’s endorsem*nt guidelines.

The Bottom Line

Affiliate marketing can be lucrative, but it takes a commitment of time and money to make it a real business. Do thorough research before you jump on the affiliate-marketing bandwagon.

Also, remember to avoid putting all your eggs in one basket. If you're hoping to build a moneymaking website, diversifying your income streams is a smart move. Traditional advertisem*nts and selling your own products can help if your affiliate-marketing revenue dries up.

Make Money With Affiliate Marketing (2024)


Can you realistically make money from 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.

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 the average person make money with affiliate marketing? ›

The reality is that 80% of affiliates earn between $0 and maybe $80,000 per year. And there's nothing wrong with $80k a year – that's a bloody nice income. 15% of other affiliates earn somewhere between $80,001 and maybe $1 million per year.

What is the easiest way to make money with affiliate marketing? ›

10 Tips for Being a Successful Affiliate Marketer
  1. Choose a Niche. ...
  2. Get to Know Your Audience. ...
  3. Create Valuable Content. ...
  4. Disclose Affiliate Links. ...
  5. Market on Multiple Channels. ...
  6. Try Paid Advertising. ...
  7. Optimize Your Website or Channels for SEO. ...
  8. Update and Repurpose Old Content.
Oct 11, 2023

How much a beginner affiliate marketers earn? ›

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.

How to make up to $10000 per month on Amazon without selling physical products? ›

Check out our guide on how to put Amazon affiliate links on Instagram.
  1. Leveraging Your Existing Content with Amazon Affiliate Links. ...
  2. Creating Digital Products to Sell on Amazon. ...
  3. Starting a Subscription Service Through Amazon. ...
  4. Selling Online Courses Through Amazon. ...
  5. Utilizing Amazon's FBA Program for Passive Income.

What affiliate marketing pays the most? ›

Top High-Ticket Affiliate Marketing Programs
  • Moosend. Commission: Up to 40% lifetime recurring. ...
  • Shopify. Commission: 200% bounty commission. ...
  • Semrush. Commission: $200 per referral, $10 per trial sign-up. ...
  • WP Engine. Commission: $200 standard payout or 35% commission. ...
  • Liquid Web. ...
  • Teachable. ...
  • ClickFunnels. ...
  • GetResponse.
Dec 1, 2023

What is more profitable than affiliate marketing? ›

Business Control – Dropshipping and eCommerce offer more control over your business and earnings than affiliate marketing, as you set the profit margins for your products. Affiliate programs have fixed commissions, giving you less control and requiring you to rely on someone else's product and business.

How much money do I need for affiliate marketing? ›

In general, there is no fixed amount of money required to be a successful affiliate marketer. You should set out a monthly budget for paid traffic and additional tools to help you progress from a beginner to an intermediate affiliate.

How much does Amazon affiliate pay? ›

Amazon Affiliate Salary
Annual SalaryMonthly Pay
Top Earners$107,500$8,958
75th Percentile$78,500$6,541
25th Percentile$56,500$4,708

How much is Amazon affiliate commission? ›

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. With Amazon's simple link-building tools, it is much easier to get started than you may think.

How long does it take to make money from 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.

How difficult is it to make money on 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.

Can you make $10000 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.

What is the success rate of affiliate marketing? ›

Affiliate marketers get a successful conversion rate of 0.5% to 1% per visitor. However, this is a rough estimate, and our data shows that conversion rate increases as affiliate marketers gain more experience.

Is affiliate marketing worth it for beginners? ›

It's a Low-Risk Business Model

Starting affiliate marketing is by far the most low-risk method to generate passive income since you're promoting affiliate products of other companies. Of course, there's still some initial investment required to start generating revenue from it.

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