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How to make money with social media affiliate programs

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Social networks have a huge impact on the development of society in today's world. It is important to attract the attention of consumers all the time and look for new ways to promote your brand or product. 

An affiliate program is a platform for cooperation between partners (webmasters) and suppliers of goods or services. The sequence of work with affiliate programs is quite simple. Each partner gets a set of advertising tools or just a referral link. He places them on specific resources, which he chooses or creates himself. After the new clients come through his link and register on his site/consume, the partner gets his honestly earned percentage or a fixed amount for each new user and the seller gets a new buyer.It is not difficult to earn with an affiliate program pay for a display, click, sale or targeted action after the click. Ideas for sites to make money from affiliate programs can be very diverse. After all, an affiliate program does not limit users to a single site or group in a social network, but offers a variety of options for getting traffic.

Most affiliate programs accept a variety of types of traffic, including:

  1. from social networks;
  2. from websites;
  3. from mobile applications;
  4. from contextual advertising;
  5. from teaser advertising;
  6. from email messages.

It all depends on the target audience the partner is interested in and also what target action the potential client has to perform. Depending on that, choose the appropriate site. 

In order to make cooperation with partner programs comfortable it is necessary to take into consideration the fact that there are forbidden and allowed types of traffic. Before you start cooperating, it is a good idea to foresee this aspect and to clarify the rules of the program. 

 What can you get rewarded for affiliate programs often pay for the following actions:

  • Displaying an advertisement;
  • Left phone number;
  • Clicking on the link to the seller's site (click);
  • Commitment of some action on the site;
  • Buying a product.
  • Registration on the site. 

 Therefore, when choosing an affiliate program for cooperation, you need to rely on our existing audience traffic. You don't have to offer your audience something they don't need. In every niche, there are products that will be more popular and sell better than others. 

You can try different products to see which one will sell best. It is important to understand that this kind of income is not the fastest way to get rich. However, if you do a quality job and monitor what would be the relevance of your traffic to the advertised product, it is quite profitable. 

Principle of affiliate programs in social networks 

When using an affiliate program in the social media sphere, it is more likely to be about promoting a store or company group. In order for your experience in using a social media affiliate program to be successful, you should not concentrate on any one way of using it. Study the experience of other people, so it will be easier for you to develop your personal strategy and increase your earnings, most importantly, you should not be afraid of mistakes. Many users recommend using canva social media templates. This helps to quickly and efficiently create content for groups and pages from which you plan to promote products. 

How to choose the best affiliate program?

Before using an affiliate program, the user has a difficult choice. There are a lot of such programs, but it is very difficult to choose one of them. In order to make the right choice and not fall for the fraudsters, and this happens if you do not study in detail the reviews and do not check the affiliate program, there are some simple rules which can be relied upon before you start cooperation: 

  1. The feedback of other users of the affiliate program;
  2. The size of the payments (too high payments and payments that differ greatly from the average in the market should embarrass you); 
  3. Integrity and reputation of the affiliate program;
  4. Competence and loyalty of service support (service support – is the face of the affiliate program);
  5. The design of the pages to which the referred user gets;
  6. Availability of products, tools and information that you need.

You will need to analyze each affiliate program individually, study the reviews on the Internet, available promotional materials, and contact the support service if necessary.

It is very important for an affiliate to entice a customer. Sometimes partners themselves create a bright appealing advertisement, they write articles about how good life is for clients of this particular service. The referral link is necessarily attached to the advertising material. Affiliate programs can be one-, two- or multilevel. The number of levels refers to the number of “steps” in the partner's income ladder. One-level programs give the opportunity to receive compensation only for purchases/registration of the resulting referral. Two-level programs allow to earn not only from his purchases, but also to receive an additional percent if he becomes the partner. Programs with three levels allow you to earn also from referrals of your referrals. It is a peculiar pyramid of earnings.

According to the conditions of some programs a partner receives a one time payment, others provide for “fixing” referral for a certain period which can be limited. The most “generous” affiliate programs provide the opportunity to receive interest on a permanent basis, that is, a referral forever remains with a partner and any of his activities (usually purchases) bring income regardless of when he does it: in a month/year/five years after registration on the service.  

That is, to earn on affiliate programs is really possible, the earnings can be high enough if you come with all the responsibility for the work and take into account all the wishes of the program relating it to your traffic. The most important thing is to consider the interests of your audience, because future profits depend on it. 

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Emma Drew

Emma has spent over 15 years sharing her expertise in making and saving money, inspiring thousands to take control of their finances. After paying off £15,000 in credit card debt, she turned her side hustles into a full-time career in 2015. Her award-winning blog, recognized as the UK's best money-making blog for three years, has made her a trusted voice, with features on BBC TV, BBC radio, and more.

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