One of the best things about the invention of the Internet is the ability to make more money from the comfort of your own home. If you’re looking to make thousands of extra dollars every month, you may be able to do so by becoming an Amazon Affiliate. Most of the time when you hear about ways to make extra money online, it’s usually a scam or surveys that pay you just a few cents; that’s not the case here.
Believe it or not, there are several people who solely live off the income they make from being an Amazon Affiliate. So, do you need to be incredibly tech-savvy or have an expensive education to become an Amazon Affiliate? Thankfully, just about anyone can be successful and we want to share with you how it works.
We want to discuss with you what exactly the Amazon Affiliate program is, how it works, some important things to know, as well as what type of content you will use when you become an Affiliate. Hopefully, this guide teaches you everything you need to know to become successful at making money online through this program.
What Is The Amazon Affiliate Program?
What exactly is the Amazon Affiliate Program? Well, it’s an affiliate marketing program that anyone can join. The majority of people who use it have their own blogs, run websites, or are considered influencers on social media. Think of an Amazon Affiliate as the middleman between Amazon and a buyer. As an affiliate, you’ll be the one to advertise a product on your website, blog, social media, or other online platforms by using your own unique affiliate link.
When you share this unique link with your online community, they can use it to make a purchase. When they do, you as an affiliate will make what Amazon calls a referral fee. A referral fee is essentially a percentage you make from the sale because you helped lead that customer to buy the product.
How Does It Work?
Now that you know a bit about what exactly the Amazon Affiliate Program is, we wanted to share with you how it works just in case you’re looking to become a part of it. At this point, you have your special referral link posted on all of your social media platforms, blogs, websites, and anywhere else online. You’ve read a bit about referral fees, but let’s talk more in detail about what exactly that is.
The referral fee is how much you’ll make for every sale you bring in using your specific link. The referral free range is quite a bit depending on what type of product you’re selling. If you’re selling something like a guitar, piano, lipstick, or eye shadow, those types of products have a 6% referral fee. So, if someone buys a $200 guitar on Amazon through your referral link, you will make $12.
On the other hand, products such as DVDs or CDs just have a 2% referral fee. This means if you were to sell $200 worth of DVDs or CDs through your referral link, you would make just $4. With that being said, you could probably assume that it’s better to be an affiliate for higher-priced items as you’ll need to sell less in order to make more money.
It’s important to know that when you’re in the Amazon Affiliate Program, you have to have at least one sale within the first 180 days of opening your account. If you don’t, Amazon will automatically close your account. If this happens, you are able to reapply, but Amazon may require you to make some changes to your account before it gets approved for referral use again.
Benefits Of Becoming An Amazon Affiliate
We wanted to highlight some of the main benefits of becoming an Amazon Affiliate so you know exactly what you may be able to get out of the program. For starters, one of the best things about it is that anyone can sign up for the Amazon Affiliate Program. This is great for stay-at-home parents or people who aren’t able to work at a brick and mortar job location.
Another amazing thing about being an affiliate is that you can promote products that you actually care about and use. Your audience can easily tell when you’re referring them to a product just to make money versus referring them to a product that you actually care about and use regularly. You are much more likely to bring in traffic and referrals if your audience trusts you.
You can also customize your own link, which makes it incredibly easy for people to use it when needed. Also, the Amazon Affiliate Program is free. It won’t cost you anything, and you won’t need to give sensitive information until you’re ready to withdraw your earnings.
Amazon is easily the largest online e-commerce website in the world. There are a variety of different products and you can find just about anything you’re looking for on Amazon. With that being said, if a product is for sale on Amazon, you can become an affiliate for it. This gives you a wider variety of products and items to refer people to and increases the chance of you making money.
Another great thing about the Amazon Affiliate Program is that it’s fairly easy to set up. You don’t have to be text savvy to create an account and start earning money. In addition, you’re more likely to make money if you have a larger audience. This is simply because more people will see your referral links and have access to it. This can be a great reason to improve your online social media presence before becoming an Amazon Affiliate.
Lastly, one of the best parts of this program is that services like Amazon Prime can be part of the Affiliate Program. Amazon Prime is an incredibly popular online service that is an easy way to make some money from referral links. It’s also not a cheap service to take part in, which means you’ll likely make more, based on a specific percentage, when people use your referral link.
Downsides Of Becoming An Amazon Affiliate
Unfortunately, not everything about the Amazon Affiliate Program is great. There are a few things we wanted to note so that you can decide if the benefits outweigh the downsides for you and your business.
One of the main downsides of the Amazon Affiliate Program is that you only get a small percentage of the sale. As you read above, percentages can range on average between 2% and 6%. There are specific items that have a larger referral percentage, but the majority of items fall in between the 2% and 6% range. With that being said, this means in order to make a decent amount of money, you’ll need to have quite a few people use your referral link.
Speaking of, one of the other downsides is that people have to use your specific link in order for you to get a sale from it. This means if you send someone a link to buy a face wash that you’re an affiliate of, and they don’t use your link, but rather just type in the name of the face wash, you will not see any money from that sale. It’s important to stress to your audience that they have to use your specific link. Chances are, your audience wants to support you. If they can do this and purchase a product they’ll enjoy, you’ll be in a good position.
Lastly, something that could be considered a downside by some is that you have to make a sale within the first 180 days of opening your account. As you’ve read already, if you don’t achieve this, your account will be deleted. This isn’t the end of the world, as you can easily open another account and become an affiliate once again.
The Most Important Thing
If you or your business decides to take part in the Amazon Affiliate Program, the most important thing you need to understand is keyword research. If you use incorrect keywords, you may see no sales at all. On the other hand, if you use the proper keywords, you can make a lot more money every month. These keywords are called “golden keywords”.
So, what makes one keyword golden and another useless? Here are a few things to keep in mind when looking for golden keywords:
- The keyword needs to be popular enough to bring in monthly traffic.
- The keyword brings in traffic that has to be likely to buy the product.
- Keywords should be evergreen, meaning they aren’t attached to any date, time, or season.
- Golden keywords are easy to target when ranking search results. They should ideally be within the top three results.
Let’s Talk Content
Chances are, you’ll need to write content for Amazon affiliate marketing. If this is the case, it’s important that you write smart so that you can bring in more money. Below are a few tips that can help improve the content you have available for the affiliate program.
For starters, be honest with your audience. As you’ve already read, most people can tell when someone is just trying to sell something versus somebody is promoting a product they stand by. As long as you’re honest with your audience, they’ll be more likely to actually use your referral link.
Secondly, you may want to focus on products customers love. You’re more likely to make more sales if you’re an affiliate for a popular product. How do you know a product is considered popular on Amazon? Always look at the reviews and the star rating. Try not to refer a product that is below four stars.
Don’t be afraid to incorporate your affiliate products into the content to post on social media. With that being said, it can come across as really tacky if you’re promoting a product that doesn’t work, that has no relation to your audience, or is considered unhealthy such as meal replacement shakes. Let’s use the example of a face wash again.
If you’re an affiliate for a specific face wash, you could tell your audience about how you had skin issues up until using said product. This will be relatable for your audience and they’re likely to purchase a product that they know has helped someone they follow.
On that note, there are a variety of different face washes available on Amazon, so how do you get your audience to buy the one you’re affiliated with? The best way to do this is by creating a bestseller‘s list. This is a curated list of your own favorite products that you’re an affiliate for.
This list should have a wide enough variety so that there’s a product for just about everyone. You can also make multiple bestsellers lists. This means you could have one for beauty products, another list for electronics, one for clothing, and more. It’s important that you keep all of these lists updated at all times since competing products are on sale and constantly having promotions.
There are plenty of ways to make money online, but several of them are scams or even require a payment from you. Becoming an Amazon Affiliate is incredibly easy and is a safe way to make extra income each month. It’s best if you already have a large online audience via social media, a blog, or a website.
This will make it much easier to make sales and you’ll likely gain trust from your audience. Hopefully, this guide has taught you everything you need to know and more in order to become a successful Amazon affiliate.