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Published : December 16, 2022
Last Updated: December 16, 2022
An affiliate program is a marketing approach in which affiliates earn a commission for each sale they generaffiliate marketing companiesate for a business. Affiliate marketing is a cost-effective marketing method as companies don’t need to pay anything unless they get a customer.
According to Influencer Marketing Hub, 80% of businesses run an affiliate marketing program to drive more traffic and boost sales. Another report indicates that affiliate networks are the biggest customer acquisition channel for 20%.
So, what exactly is affiliate marketing? What are some of the top affiliate marketing companies? And why should you be a part of the affiliate marketing industry? Let’s understand these questions in detail.
What’s the Concept of Affiliate Marketing?
Affiliate marketing is a way for businesses (known as affiliates) to earn commissions by promoting other companies products or services. It is often confused with referral marketing. However, it is different in many ways.
- Affiliate marketers don’t have to buy something to promote it. This means that affiliates don’t have to worry about losing money if the product doesn’t work out. They can also save time since they don’t have to find customers.
- Affiliates earn commission by selling a product or service through their own websites, blogs, or social media pages.
- They aren’t limited to one company. For example, an affiliate marketer can promote multiple brands simultaneously.
4 Reasons Your Business Should Use an Affiliate Marketing Company
Working with an affiliate marketing company gives you access to an extensive network of verified affiliates, helps maintain excellent relationships with them, and makes scaling effortless.
Another reason you need to partner with an affiliate network is that running affiliate programs aren’t as easy as it seems. First, you must find the right affiliates for your business and ensure they follow the right ways to earn and make timely payouts.
Let’s understand how you can make the most of your affiliate marketing campaign.
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Large Affiliate Network
Affiliate marketing agencies can help you find the right partners for your business. Affiliate marketing agencies have access to an extensive network of verified third-party publishers, influencers, and ambassadors.
These people will promote your products or services to their audience. An affiliate marketing agency will also be able to establish relationships with high-quality publishers on your behalf so that you don’t have to do all the legwork yourself.
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Helps You Stay Ahead
As a business owner, it’s easy to get caught up in your day-to-day responsibilities and lose sight of what else is happening in the industry. However, an affiliate marketing company knows about these new trends and technologies because they’re constantly researching them for their clients. This means that when something new comes along, they’ll bring it to your attention so that you can take advantage of it before anyone else does!
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Highly Scalable
As mentioned above, they have a large pool of affiliates working for them. They can help you partner with more affiliates and boost sales significantly. Since most charges are commission-based, it gets easier to scale. Affiliate management agencies also offer flexible solutions, so even if you don’t have the resources or time, there’s still a solution for everyone involved!
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Gives Access to Advertising and Marketing Experts
Affiliate marketing companies can help you with your brand, advertising, and marketing. They provide access to experts who understand how to use the internet and social media platforms to attract customers.
These professionals can develop an effective strategy based on extensive experience in the field. You get the benefit of their expertise without investing in staff or equipment. This, in turn, will help you boost your company’s bottom line.
10 Best Affiliate Marketing Companies
It is worth noting that some companies offer high-commission rates, while others offer low rates but lifetime commissions. We have curated affiliate marketing companies list to help you make an informed decision.
1. Amazon Affiliate
Amazon associates affiliate program is one of the oldest affiliate networks. And since Amazon sells over 100 million products across industries, you can easily find products that fit your niche and promote them to build a passive income stream. Besides, people already trust the brand (given its huge eCommerce market share), making it effortless to sell.
Source: Amazon Affiliate
However, the only catch is that it has a one-day cookie life. This means you must put additional effort into ensuring the customer buys within 24 hours of clicking your link.
Commission: 0.2-10% (depending on the product category)
Cookie Life: 24 hours
2. Flipkart Affiliate
With an average of 200 million+ monthly visitors, Flipkart is India’s second biggest eCommerce company. Owned by Walmart, Flipkart also has millions of products on its website, offering affiliates a wide range of choices. Plus, it offers competitive commissions, making it attractive for beginner affiliate marketers.
Source: Flipkart
To make money from the Flipkart affiliate program, you can choose from various advertising options, including banners, text links, and videos. You will be paid for every sale made by customers who use your affiliate link.
Commission: 4-20% (depending on the product category)
Cookie life: 30 mins
3. SEMRush
Semrush is one of the best marketing companies that use affiliate marketing to boost its revenue. It has an extensive suite of tools helping marketers enhance their rankings and outperform their competitors.
Source: Berush
Thanks to its high value-for-money product and high commission rates, affiliates can earn a good amount by referring customers. Should you need any help, they have a dedicated account manager who can answer all your queries.
Commission: $200 for every Semrush subscription, $10 for every new trial, and $0.01 for every new signup.
Cookie life: 120 days
4. Sendible
The next one in our affiliate company list is Sendible. It is a social media management platform that allows agencies to handle multiple clients effortlessly. You can create a social media calendar, schedule posts, collaborate with your team, and generate reports using Sendible. It also has a built-in editor that allows you to customize social media images.
Source: Sendible
Its lifetime commission makes it one of the best affiliate marketing companies. You refer a customer once, and as long as they are associated with Sendible, you will continue to earn a commission. However, you cannot run Google Ads to promote Sendible and drive leads.
Commission: 12%
Cookie life: Not mentioned
5. Vcommission
Vcommission is one of the best affiliate advertising companies that allows affiliates to sign up and promote multiple products. It has a growing network of 100k+ publishers across various verticals, including eCommerce, travel, mobile, gaming, hosting, Nutra, and finance & crypto.
Source: Vcommission
Vcommission filters the offers based on the country and niche, making it easier for affiliates to find the items they want to promote. Plus, it has industry-leading software that makes tracking earnings effortless.
Commission: 5% of affiliate earnings
Cookie life: Depends on the product
6. eBay
eBay is one of the leading eCommerce companies, with 183 million buyers in 190+ countries. It has more than 1.4 billion listings, offering affiliates a wide range of products to promote.
Source: eBay
eBay is also one of the leading affiliate marketing companies, making it easier for affiliates to build a side income. eBay partner network provides the solutions you need to develop ads and campaigns, drive traffic, and generate more sales.
Commission: 1-4% (depending on the product category)
Cookie life: 24 hours
7. HostGator Affiliate
HostGator is India’s leading web hosting services provider. From unmetered disk space and bandwidth to a 99.9% uptime guarantee and 24/7 technical support, HostGator acts as a one-stop shop for web hosting needs.
Source: Hostgator
Its web hosting affiliate program allows you to earn as much as $2625 per month – although the sky’s the limit. As one of the top companies for affiliate marketing, they also have a team of affiliate specialists who can help you get the most out of your effort.
Commission: They have a tiered commission, from $65 to $125 per signup.
Cookie life: 60 days
8. Admitad
Admitad is one of the leading affiliate advertising companies that brings advertisers and affiliates together. They have a vast network spread across Asia, Europe, and the USA.
Source: Admitad
Affiliates can promote products across 40+ categories and from 100+ brands. Depending on your website’s niche (cashback services, content websites, price comparison sites, etc.), you can promote the right products and boost your affiliate income.
Commission: Depends on the type of product you promote
Cookie life: Varies
9. Nearbuy Affiliate
Nearbuy is one of the largest affiliate marketing companies that rewards affiliates for bringing in more customers. Nearbuy helps users find the best local deals across categories like fashion, food, grocery, etc.
It is also one of those companies that need affiliate marketers to promote their services to more users.
Commission: 0.75% – 8.10%
Cookie life: Not mentioned
10. GoDaddy Affiliate
GoDaddy is one of the most popular domains and web hosting companies. It allows users to purchase a domain, build a website, and host it from one place. Plus, it has a dedicated support team to help users with their technical needs.
Source: GoDaddy
When you join GoDaddy’s affiliate program, you get extensive marketing materials to fuel your efforts. They also offer 24/7 support to their affiliates and have a competitive commission.
Commission: 10% – 15% (depending on the product)
Cookie life: 45 days
Pros & Cons of Affiliate Marketing
Affiliate marketing campaigns have their own pros and cons. Therefore, it is vital to understand the opportunities and challenges that can impact your marketing efforts. Let’s dive into them.
Affiliate Marketing Benefits
Affiliate marketing programs are cost-effective, help reach newer audiences, boost brand awareness, and drive more traffic. Having said that, let’s dig deeper into the benefits of affiliate marketing.
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Cost-Effective
As an affiliate, you don’t have to invest in inventory or logistics, even if you promote physical products —the merchant covers all the costs. However, most businesses require a robust online presence, which might require certain investments (time and money).
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Additional Source of Income
Affiliate marketing is a great option for promoting multiple products at once. You can promote different products from different companies or promote various products from one company. This widens your reach and increases your chances of generating a significant income.
For example, if you are promoting an electronics store’s website and the company has multiple product lines and brands to offer, you could choose to promote all of its products at once. This lets your readers see more than one thing they might be interested in buying.
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Provides Valuable Content for Your Website
If you run a blog, you can create in-depth reviews of products and services you want to promote. This gives you additional valuable content for your website with minimal research. Depending on the content, it can bring more backlinks, thereby boosting your SEO. In addition, you can create video reviews if you’re a YouTuber or social media influencer.
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Better Convenience and Flexibility
As mentioned above, you can join multiple affiliate marketing companies and promote their products simultaneously. However, ensuring that you only promote products in your niche is vital to drive high-quality business leads.
For instance, you should promote fitness products from multiple brands if you have a fitness blog. You can also automate the process by investing in marketing automation tools to keep users engaged and increase conversions.
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Customer Service Is Not Your Work
As a business owner, you need to manage customer service-related issues. However, you don’t have to worry about customer service when you’re an affiliate. All you need to focus on is driving leads to the merchant. Even when you get a sales-related query, you can pass the request to the retailer, and they’ll manage everything.
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Complete Assistance From Businesses
Most affiliate marketing companies in India offer their affiliates marketing tools and kits that they can use to promote the brand. It includes banners, emails, and other promotional materials. Some even have a dedicated affiliate manager who assists affiliates in understanding the ins and outs of the business and generating more affiliate sales.
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Flexible Working Schedule
Flexibility has become the norm in the business world. You don’t have to work 9-5 or have a dedicated schedule as an affiliate. All you need to do is put in a few hours every week to generate significant affiliate revenue. Also, you can decide when you want to work or how many days off you take.
Affiliate Marketing Disadvantages
The downside of affiliate marketing includes high competition, no guarantee of income, and requiring you to craft a robust marketing strategy. So let’s dig deeper into it.
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High Competition
Due to low barriers to entry and lucrative commissions, there are more affiliates. This requires affiliates to stand out from the competition and generate significant affiliate income. You might also need to work with a dedicated account manager who can guide you in driving sales.
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Create a Marketing Strategy
Though most affiliate marketing companies provide you with all the marketing materials, you will still need to create your strategy to stand out.
Even the best affiliate program requires you to use digital marketing best practices to reach the right people and generate sales. This means you need to craft robust affiliate marketing strategies and invest in performance marketing solutions.
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Little Control Over Payment
You don’t have control over when or how much you get paid, but the merchant does. The merchant also determines the commission percentage and the payment cycle (30 days, 60 days, etc.)
Also, some merchants have a lower cookie life (e.g., 30 days). This means if the leads who went through your affiliate link make a purchase on the 31st day, you won’t get a commission.
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No Guarantee of Revenue
The biggest disadvantage of affiliate marketing is that you don’t get paid until your visitor makes a purchase. You need to build a website (or social media channel), generate traffic, and convert that traffic into customers. If they’re not buying anything, you won’t earn anything. It is challenging to predict how much you will make in a month.
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Affiliate Link Hijacking
Affiliate link hijacking is a common occurrence in the affiliate marketing world. It occurs when an affiliate marketer’s referral code is taken over by an unauthorized third party, which collects commissions on their behalf without their knowledge. Therefore, staying on top of the latest frauds is crucial to prevent getting hijacked by scammers.
Wrapping Up
Affiliate marketing is one of the most popular ways to make money online because it requires little effort. You just need to create your website or blog, promote your affiliate link, and enjoy the commissions as they roll in. However, make sure you choose the right affiliate marketing companies in India to generate a regular income.
Frequently Asked Questions
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