There weren't many straightforward, affordable options for young Internet entrepreneurs to generate money online when the Amazon Associates Program started in 1998. Amazon's affiliate program changed this. The only problem was that becoming a successful Amazon affiliate meant selling a large number of books. Fortunately, as Amazon's product range has grown, it has gotten easier to generate money via Amazon.
Although Amazon's compensation is still low compared to other affiliate programs (1 % to 10%, depending on the products), you're likely to discover something to promote and earn money with such an extensive product line, large client base, and credibility.
Earning money using Amazon, like any other home-based money-making strategy, necessitates research, labor, and marketing. So hereabouts are some hints on how to get the most out of the Amazon Associates Program.
Pros of Becoming an Amazon Affiliate:
- Amazon is a well-known and well-visited website that people use and trust daily.
- Joining is completely free. To be admitted into the program, you do not need to meet any traffic or other criteria.
- There are numerous products that you can promote.
- Amazon offers various tools to assist you in selling a specific item or a category of things.
- There's a robust reporting system in place, so you can see what's getting the most attention and what's selling.
- Payments can be placed directly into your bank account.
- Because Amazon provides excellent customer service to its customers, you lessen the danger of your visitors being enraged if they have a problem with the goods.
- Even if your client does not purchase the product you recommended, you will receive a commission if they buy something else during that visit.
Cons of the Amazon Associates Program:
- The commission rate is minimal compared to other affiliate programs, ranging from 1% to 10%, depending on the items. In addition, it has flat-rate bounty schemes, such as $15 for new business accounts, $3 for Prime referrals, and $5 for Audible referrals.
- Their cookies are just valid for 24 hours. That means you won't get credit if your referral doesn't buy within 24 hours. (However, if they add the item to their cart, the cookie will expire after 89 days.)
- Emails containing Amazon affiliate links are not permitted. This includes blog postings that are provided as email attachments. This limitation is incredibly upsetting because email is a terrific way to communicate great offers to your readers.
- You won't receive credit for referring someone who buys the goods from outside the country if you have a US site promoting products from the Amazon US shop (i.e. Amazon UK).
- Direct deposit, check, or Amazon gift card is the only payment choices. Unfortunately, there isn't a PayPal option available.
Affiliate marketing with Amazon and other sellers is a fantastic method to supplement your income while working from home. However, opening a website or blog and publishing a few affiliate links isn't enough. Knowing a market's demands, giving knowledge and resources to suit those needs, and then assisting the market in finding your solutions are necessary steps.
