Affiliate programs are a reliable passive source of income for website owners, bloggers, influencers, and marketers. Here, we’ll discuss the best highest paying affiliate programs to join in 2024 and add recurring income to your account.
Affiliate programs bring website traffic, greater visibility, and more income. The best part is that any website from any industry can join an affiliate program within or outside its niche. There’s no denying the popularity of this program, as it helps all parties.
According to Google Trends, the search for ‘affiliate marketing’ has grown exponentially since 2016 and hit an all-time high in 2023. Moreover, the global affiliate marketing spending is expected to touch $15.7 billion in 2024. Another report shows that there has been a 15.38% increase in investments in affiliate marketing companies in 2023.
In such instances, it makes good sense to find profitable affiliate programs and join the networks of the companies to earn some income on the side. This also improves the website’s SEO, thus helping you reach wider audiences.
Here, we’ll take a look at the highest-paying affiliate programs to try in 2024.
Statistics show that the global affiliate program industry is expected to grow by 63% in the next four years. 81% of the brands are already offering affiliate programs to increase sales. Moreover, almost 43% of marketers say affiliate programs bring more money than ad monetization on their websites. This is the right time to join the affiliate networks and earn attractive commissions.
But what exactly is an affiliate program? How does it work?
In simple terms, an affiliate program or marketing is the process of promoting and selling another business’s products or services through your website. You earn a commission for the sale that happens through your link. Every affiliate marketer is provided with a coded link by the business. You place this link on your website (and add a disclaimer about the same). When your website visitors use the link to check out and buy the product or service, you earn a commission for facilitating a sale for the business.
Consider factors like the cookie window, commission structure, types of affiliate programs, etc., when joining the affiliate network of a brand. These factors can affect your income. So, what are high-paying affiliate programs?
Check out the list below!
DataToBiz offers one of the high-commission affiliate programs in the market. It is a data engineering, AI, and BI company offering end-to-end solutions to SMBs, MSMEs, and large enterprises. It also has artificial intelligence-based products like PrepAI, HirelakeAI, etc. This provides more earning opportunities for affiliates as they can recommend the business to varied audiences.
The company has a simple yet effective affiliate framework with dedicated support. It offers a flat 5% commission on the first month’s revenue, along with timely payments for subsequent commissions. Every affiliate will get their own portal to manage their leads, earnings, reports, etc., plus access to marketing tools to attract more people to the website. DataToBiz doesn’t have any restrictions on the number of references each affiliate can bring. Continue earning for as long as you want!
ShareASale is one of the best affiliate programs, with a wide network of over 25,000 merchants. It is a platform where you can connect with multiple merchants without searching for individual businesses online and joining their programs. It is convenient and cost-effective for both parties and offers advanced analytics to track leads and referrals.
The platform allows all types of content creators to join the network and provides the necessary tech support and marketing tools to the publishers. You can earn up to 50% commission, though the actual commission structure will depend on the merchant you promote. However, there is a minimum payment threshold to be eligible to withdraw funds from your affiliate account.
Hubspot is a well-known CRM platform offering varied solutions for marketers and businesses. It is considered an all-in-one platform by many businesses for streamlining their marketing and customer management processes through simplified systems and interactive interfaces. The company has one of the top-earning affiliate programs with no payment threshold and a 180-day cookie window.
The company offers a 30% recurring commission for up to a year on every successful referral. It also has an attractive commission structure with multiple levels for affiliates to earn a higher commission as they generate more referrals. With performance reports, a creative library, and technical support services, Hubspot is a worthy choice. Affiliates who level up to the Elite Affiliate category can benefit from the custom commission plan and take advantage of the co-branding services offered by the company.
Wordable is an automated content publishing platform that streamlines publishing posts for marketing teams and agencies. It can save over 90% of publishing costs by optimizing the workflow and automating the processes. The company also has a great affiliate program. So, how much does a Wordable affiliate program cost?
The platform offers a recurring 30% commission on every Wordable sign-up through the affiliate link. Since the most common plan starts at $99 per month, you can earn a decent amount every month for the references you provide to the business. Wordable has set up auto payments to prevent confusion and increase transparency. It also provides promotional materials to affiliates to help them convert more clicks into successful referrals.
eBay Partner Network (EPN) is one of those affiliate programs focusing on flexibility and variety. eBay is an eCommerce platform and a diverse marketplace for businesses from around the globe. EPN is an in-house program of eBay designed to help publishers and businesses connect with each other for mutual benefit.
The platform offers 1% to 4% commission. While this may seem less, it can quickly increase your income as more people use the affiliate link. Moreover, it offers a Smart Share Extension to directly create affiliate links from the eBay website. No need to access your dashboard for everything. Moreover, the company follows a Quality Click pricing model where the commission % depends on the value you generate through the clicks. EPN has a payment threshold of $10 which is not too high.
How can we not mention Amazon when discussing rewarding affiliate programs in the market? Amazon is the largest online marketplace and a go-to choice for many publishers. It is a recommended platform for beginner-level affiliates to join the network and earn some commission. Amazon Associates has a simple signup process and offers a commission of 1% to 10%, depending on the order.
With millions of products sold on Amazon, you have a great chance of adding money to your account. Though there is a $10 payment threshold for wire transfers, it won’t take long to reach that amount. However, you should earn $100 to be eligible for a check. Nevertheless, you can even opt for Amazon Gift Cards to withdraw your commission.
Warrior+Plus is a sales and marketing automation platform for online marketers and businesses. It has been developed exclusively for digital entrepreneurs to make the most of online marketing and grow their businesses. It is also a platform for vendors and publishers to build an affiliate framework. For example, you create an account on the site and select the digital products that suit your niche. Then, you send requests to each vendor asking for an affiliate link to place on your website.
The platform offers a 30% recurring commission for up to a year on selected products. It has a performance-based commission model with a 180-day cookie window. With a $10 payment threshold and high conversion rates, Warrior+Plus is among the most reliable affiliate programs in the market. The interface is easy to use and offers community support to help affiliates upgrade their skills and knowledge.
NordVPN is a well-known VPN service provider to enhance device and online security. It is compatible with multiple devices, browsers, and operating systems, thus being user-friendly and effective. The company has a partner program for those who want to earn extra income through a side hustle. In fact, it has several partner programs in the affiliate framework.
Influencers, YouTubers, students, marketers, etc., can join the programs to earn a high commission. NordVPN offers a 40% to 100% commission on the initial subscription purchase and a 30% recurring commission for monthly and annual renewals. Though it has a payment threshold of $10, the company provides multiple earning opportunities to its partners. You can use its promotional resources to attract more audiences.
BigCommerce is an award-winning enterprise eCommerce solution provider. It develops and builds modern SaaS (Software as a Service) solutions to suit individual business requirements. The company focuses on scalability, flexibility, agility, and third-party integrations to offer tailor-made services to different eCommerce businesses. It also has a high-paying affiliate program.
The company offers a 200% one-time commission on the first month’s payment for any purchase you refer. With a cookie window of 90 days and no minimum payment threshold, BigCommerce can increase your earnings substantially. In fact, you can get around $1500 commission if you refer to an enterprise customer.
Affiliate programs are one of the best ways to monetize your website and earn additional income. It helps you connect with a diverse audience, understand their requirements, and enhance customer experience by connecting them with products and services they might want.
With so many high-paying affiliate programs to join, you have a variety of options to choose from, be it in your niche or outside it. You can also be a part of multiple affiliate programs to earn more money through the website, that too, without any initial investment.
Fact checked by –
Akansha Rani ~ Content Creator & Copy Writer
Sunaina Meena ~ Digital Marketing Specialist