Affiliate marketers have made millions using this amazing business model. If you are a newbie wanting to start your affiliate marketing journey, you must wonder, how do affiliates get paid?
Well, don’t worry.
In this article, you are not only going to learn how affiliate marketers get paid, but you are also going to learn the right strategies to use for a thriving online business and get paid as well.
Without further ado, let’s get started.
Quick Navigation
- How do affiliates get paid?
- Let’s take Jhon as an affiliate example
- Jhon gets traffic
- It is all about traffic
- Final thoughts
- How I make money online
How Do Affiliates Get Paid?
Affiliate Marketers get paid based on the sales they make through their affiliate links. The payment methods differ from each company, some might use Paypal, while others can use Direct Bank deposit.
These are the most common methods of payment to affiliates.
Let’s explore the whole concept from start to finish so you have a better understanding of how the system works.
Let’s Consider Jhon As the Affiliate(Example)
Jhon is a beginner who wants to earn an income online.
He hears about affiliate marketing and decides to join this business model.
Then, he manages to determine his niche/topic(the direction of his business). So, he chooses the football niche and joins several affiliate networks online.
Keep in mind that there are several affiliate networks out there. Some of them are ClickBank, ShareASale, Awin, Warrior Plus, CJ Affiliate, etc.
For this example, let’s say Jhon is accepted in the ShareASale affiliate network and he finds a great affiliate program inside.
In case you don’t know, ShareASale is an Affiliate Network, and inside that affiliate network, there are affiliate programs. Those affiliate programs are companies selling their products. So, ShareASale allows those companies to find affiliate marketers that can promote their products.
Awesome! The second step is done.
So, Jhon has decided on a niche and has joined an affiliate program. Now, the third step consists of promoting products related to the Football niche.
Next, Jhon needs to decide on the type of promotion he wants to do.
He has 3 main options such as building a website, creating a YouTube channel, or using social media to promote products.
For this example, let’s say Jhon decides to build a website(By The Way, This is the most powerful way to do affiliate marketing).
Through his website, Jhon has to create content to bring traffic organically.
Jhon Gets Traffic
After a while, Jhon finally sees traffic from his hard work.
And his promotions convert very well. He is making a lot of sales.
Now, it’s time to get paid.
He signs in to his affiliate dashboard on ShareASale and sees his earnings and possible withdrawals.
Note that there is always a minimum amount you need to reach before being able to withdraw your money. This applies to every affiliate program.
On ShareASale, you need a minimum amount of $50 before you can withdraw.
Jhon has made a couple of sales and has probably made over $200 bucks.
He needs to set his method of payment.
As I mentioned before, each company has their own method of payment.
On ShareASale, like most affiliate networks out there, the main ones are Wire Deposit, Payoneer, Check via Postal Mail and Direct Bank Deposit.
After setting up his method of payments, Jhon can sit back, relax, and wait for his money.
Also, keep in mind that you will need to provide a Tax ID number based on where you live.
I hope this parable has given you a better idea of how marketers get paid.
Also, Read How fast can you make money in affiliate marketing?
It Is All About Traffic
No matter what business you are into, without traffic you cannot succeed.
You have to make sure that your marketing strategies are on point.
Whether you choose to have a YouTube channel or a social media business account, make sure to provide enough value to your audience. Do not only focus on selling.
If you want to learn the best strategies to use in your affiliate marketing journey, there is nothing better than being surrounded by the right community and learning from those who have already achieved success.
With that being said, have a look at my #1 recommended affiliate marketing training and join for free today.
Final Thoughts
How do affiliates get paid? As said at the beginning of this article, affiliates can get paid through multiple methods of payment, depending on the affiliate program or network.
Let’s recap those methods of payments: Paypal, Direct Bank Deposit, Postal mail, Wire Deposit, and Payoneer.
Make sure to join a great affiliate program based on your niche, and make sure that the affiliate program converts well.
If products convert well, then it won’t be difficult for you to make money.
How I Make Money Online
I earn money online by building simple websites just like this one.
On those websites, I help people find what they are looking for, and this is how I make money.
If you would like to take advantage of that and copy what I and thousands of others are doing, have a look at my #1 recommendation.
If you have any questions, please consider leaving them in the comment section below and I will get back to you ASAP.
