Excellent list. Shareasale has been my best performing from the list. Another strategy I’ve used is to contact individual companies and ask about their affiliate programs. Some companies run in-house affiliate programs, which means they have a select few affiliates that they work with. Such companies can be quite profitable to work with as you’ll be competing with way less affiliates.
I personally haven’t tried any of the below methods so I can't speak from experience to how they work. In my mind, the most lucrative way is through building a REAL business online and providing your visitors with great value. However, after some thought, I decided to include these here because, quite often, the biggest roadblock for many is a mental one: believing that making money online is possible. From my experience, once you have made your first dollar, or even your first cent online, the world is suddenly a different color.
Ambassador is an all-in-one referral software made for marketers who want complete control of their marketing efforts. It offers an intuitive interface that packs powerful features such as multi-program and multi-campaign functionalities, user segmentation and enrollment, and cross-department user permissions into one convenient platform. With Ambassador’s flexible, scalable, and innovative solutions for referral programs, affiliate marketing, influencer marketing, and partner marketing, it comes as no surprise that it is trusted by internationally renowned brands. Perfect for startups, mid-sized businesses, and large companies, they offer a starter package and professional plan costing $800 and $1500 a month respectively. They also offer quote-based pricing for global brands that is billed annually.
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Alternatively, sites like CreateSpace can help you turn your work into a printed book, e-book, CD, or DVD and sell it online through your own e-store or through Amazon. However, this site also takes the lion’s share of the profits. For example, the site reports that if you have a black-and-white printed book, 184 pages long, and you set the sale price at $8.99, you get to keep only $2.34 for every copy you sell. If you set your sale price too low, you might not make any money on your sales at all – and if you set it too high, you might not actually sell any copies.
CPA marketing programs pay affiliates when a specific action is taken by the referral or lead. Common actions include clicks, impressions, form submits, sign-ups, registrations, or opt-ins. Since Cost-Per-Action models don’t necessarily involve a direct sale (and involve more risk taking) the payout percentages are far smaller than they are in Cost-Per-Sale.
Multi-Tier Commissions. When it comes to affiliate marketing, assuring your partners a fair compensation is a significant factor in making your campaign work. However, this doesn’t mean that you should just stop there. You may also choose to incentivize affiliates for the sales of the sub-affiliates they introduced to the program. This, in turn, expands your reach even further and makes your promotional efforts even more worthwhile.
Although this article has been written in 2007, now in Feb 2014, I still find it full of great advice and tips. What I learned from this article is that when writing a review I should focus on how this product helped me achieve X instead of simply repeating and enforcing the features and benefits of the product that can also be found on the sales page.
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