In this era of digitalization, traditional brick and mortar stores seem to have run their course. People have become far too busy to take the time out to visit a store physically every time they need to buy something. And just like that, more and more people are becoming inclined toward purchasing items online because its faster, hassle-free, and doesn’t require physical effort.
Discount shopping has a huge role to play in this shift toward online shopping as well. With an abundance of promo codes and vouchers, people prefer buying from a website where they’ll get an item for a lot less than they would at an actual store.
Amazon, Alibaba, eBay, and Ali Express are some of the giant names that have been dominating the e-commerce market for years now. According to Grand View Research, the global e-commerce market was valued at an astounding $9.09 trillion in 2019 – and this number is set to grow further. Especially since the COVID-19 pandemic has driven people to stay inside, online shopping is more popular than ever.
The question remains, how do you tap into this market and start earning good sums of money right away? If you want the answer, keep reading ahead.
The Skyrocketing Growth of the E-Commerce Market – A Lucrative Opportunity for Affiliates
Imagine waking up to the news that you just made around $1000 off of a single affiliate sale. Don’t you want to make it a reality? That’s what becoming an e-commerce affiliate is all about. Tapping into this market as a novice affiliate is not a hard thing to do, especially since a lot of e-commerce platforms highly encourage affiliate marketing. In fact, an estimated 16% of the total sales of an e-commerce store come from affiliates. So, it’s definitely a win-win situation for everyone involved.
Two of the best e-commerce affiliate programs include the Shopify Affiliate Program and Amazon Associates. But there are a few others as well that you should definitely look up! Let’s talk about Shopify first. You can earn an average of $58 for every user who signs up for their paid plan. Basically, you’ll earn the first two months’ fee for that plan. If it’s an Enterprise Plan, then only the first month. Aside from this, if we also consider the fact that their cookie period is 30 days, this certainly appears as a highly lucrative program – especially for beginners.
Amazon Associates, on the other hand, offers up to 10% commission on every sale you make. The best part about it is, they’ve got everything. You can sell books, art, gadgets, clothing items, whatever you feel would attract the greatest number of people.
As an e-commerce affiliate, you could market anything you want because most e-commerce stores usually sell everything that one might possibly need. All you need to worry about is choosing the right platform to promote your referral link. It could be your social media platform or you could go a little bigger and aim for your very own YouTube channel – there are a lot of places to start from!
Top 10 The Best E-commerce Affiliate Programs
- Affiliate program Ubuy
- Affiliate program eBay
Rate: 14.54 $ | 2,92%
- Affiliate program Alibaba
- Affiliate program Joybuy
Rate: 0,80% - 4,00%
- Affiliate program Geekbuying
Rate: 3,20% - 6,40%
- Affiliate program Zalando Lounge
Rate: 1.11 $ | 4,14% - 8,28%
Type: CPA | CPS
- Affiliate program Allegro
- Affiliate program EDWAYBUY
- Affiliate program Vans
- Affiliate program Armani