Is affiliate marketing worth it? It’s a way of earning money online without the hassle of creating or shipping products yourself. Not to mention, there's decent money to make. For example, by becoming a Spocket affiliate, it's possible to earn up to $1,080 for every customer you refer.
Curious about how it works and how to start earning with Spocket's affiliate program? Here’s everything you need to know. But first...
What is Affiliate Marketing?
In short, affiliate marketing is when you promote another company’s product/service and receive a commission from that sale/sign-up. This makes it an attractive option for anyone who doesn't want to handle customer support, shipping, product creation, etc.
Typically you're given an affiliate link for customers to use; this tracks the sale and ensures you're given the appropriate credit should the customer make a purchase.
How to Start Earning Money with Affiliate Marketing
It’s 100% FREE to become a Spocket affiliate and start earning money. Just follow these easy steps to hit the ground running:
- Sign up for Spocket’s Partner Program
- Tell your friends and followers about Spocket by sharing your unique referral link via your social media accounts, blog, videos, website, store, and so on.
- Earn up to 30% commission a month when your customer signs up for a Spocket plan. Your commission is recurring without cap, meaning that you will earn commission forever as long as your referred users remain subscribed to Spocket.
If you have questions about this, don’t worry. We’ll talk in more depth about Spocket’s commission structure and how to reach people a little later in this post.
Is Affiliate Marketing Worth It? The Benefits of Becoming a Spocket Affiliate
Regular commission-based payouts aside, there are several other benefits to becoming a Spocket affiliate:
- Monthly challenges: Spocket sets monthly challenges, enabling affiliates to earn extra cash for completing certain tasksarticles
- VIP communications: As an affiliate, you’re the first to know about Spocket’s feature updates and receive priority support
- Marketing assets: Spocket provides plenty of resources for you to promote their platform to your audience; you can read a bit more about this lower down in this article.
- Fast payouts: You’ll receive your earnings monthly either via PayPal or Stripe.
- Dashboard: Access to a custom dashboard. Here you can view your affiliate account at a glance and access reporting on the following:
- The number of times your link’s been clicked
- The number of sign-ups you have
- The total revenue your referrals have generated
- How much you’ve earned
- How much you’ve made but not yet received
How Much Money Can I Make with Affiliate Marketing?
There are three commission tiers when you join Spocket’s affiliate program:
- Bronze: 20% commission - up to $717 per subscriber in your first year
- Silver: 25% commission (unlocked after you achieve 100 conversions)
- Gold: 30% commission (unlocked after 1,000 conversions)
The amount you earn also hinges on the Spocket pricing plan the person you referred signs up to. There are four premium pricing plans available, as well as a freemium version:
- Starter Plan: $24.99 a month (you can’t pay annually for this plan)
- Pro Plan: $49.99 a month or $24 a month if you pay yearly
- Empire Plan: $99.99 a month or $57 a month if you pay yearly
- Unicorn Plan: $79 a month if you pay yearly (There’s no monthly payment option with this plan).
How Do Cookies Work With Spocket’s Affiliate Program?
Spocket uses cookies to track your referrals. After someone clicks on one of your affiliate links, the cookies will last for 90 days on their browser. As such, if that person signs up with Spocket within 90 days of clicking your affiliate link, you get the referral. In addition, the cookies work on “last-touch attribution.” So if the person you referred clicks on someone else’s partner link, their account is transferred to the other partner’s dashboard.
Tips to Help You Become A Successful Affiliate Marketer
The key to success is finding dropshippers (or potential dropshippers) who will use Spocket to order items their customers purchase via their online ecommerce store, YouTube channel, blog, social media, etc.
That said, here are a few tips on how to reach potential Spocket users:
1. Use Spocket’s Marketing Assets
We’ve already mentioned that Spocket provides its affiliates with several benefits, one of which is branded marketing assets. You can download Spocket’s branded templates and assets from the Spocket Resources section of your dashboard. These include videos, screenshots, banners, and logos that you can use in your online posts.
Pro Tip: Remember, 90% of information processed by the brain is visual. Images go a long way to ensuring your target audience remembers what you’re promoting.
2. Utilize Your Blog
You may already have a blog, or perhaps you’re about to start one? Either way, people need to find it, which makes SEO imperative.
To help with that, you need to share high-quality posts, use the right keywords, and be consistent in posting. Examples of high-quality content might include problem-solving articles to help new entrepreneurs, best-selling products (linking to Spocket), and so on.
Doing all these things will help generate traffic to your blog posts where you can promote Spocket and hopefully score a few sign-ups!
3. Reach Out to Social Media Groups
There are tons of dropshipping groups on Facebook and other social sites where people are actively looking for more information about finding suppliers. Needless to say, these online communities are well worth exploring.
Where possible, be sure to answer questions entrepreneurs have about finding suppliers. On the flip side, it’s also worth keeping an eye out for potential suppliers looking to partner with reliable dropshipping platforms.
In these instances, you can share Spocket referral links along with a comment like: “You can find reliable suppliers on Spocket who are US based and ship fast.” Just remember to add the referral link when you do this; otherwise, you won’t be credited with the sale!
4. Contribute on Quora
For the uninitiated, this is a popular website where people post questions about pretty much anything and everything. Like with social media groups, you can post reliable and informative answers to relevant questions about dropshipping that include a (referral) link to more information.
Spocket’s Affiliate Program: Our Final Thoughts
We hope we’ve helped answer the question: Is affiliate marketing worth it?
All in all, signing up for our affiliate program is easy. However, it’s still important to put some time and effort into monetizing your blog/video channel/website to ensure maximum profits. The best way to start is to get to know Spocket’s products, research trending, and best-selling items, and think about how to creatively weave those into your blog posts. So, are you ready to join the Spocket Partner Program? Start earning now!