With over 12 million products and an average hourly sales of $17 million, Amazon, being the biggest online retailer, achieved a net revenue of $386.06 billion in 2020.
In addition to the company’s profits, affiliate marketers constitute approximately 45% of the market share for the site. Moreover, boasting a membership of over 900,000 individuals, it is recognized as one of the largest affiliate networks globally.
Amazon Associates is a program that allows content creators, bloggers, and marketers to earn money from their website visitors through promoting Amazon products.
The program is free to join, and if a potential buyer clicks on the Amazon link on your website and makes a purchase, you will earn a commission. The amount of commission you receive varies between 1% and 20%, depending on the category of the product.
How Do You Find the Best Affiliate Products to Sell?
Affiliate marketing is a thriving industry worth billions of dollars that experiences consistent growth annually. According to the provided statistics, the industry’s revenue in the USA alone reached $8.2 billion in 2022.
In order to become a successful affiliate, it is crucial to begin by choosing the appropriate product.
It is crucial to choose the appropriate affiliate products and programs in order to achieve success in ecommerce, regardless of whether you are new or looking for additional sources of income. Numerous sellers provide attractive commissions, therefore it is important to make wise choices that will allow you to maximize your earning potential and establish a flourishing affiliate marketing business.
Below are some steps you can take to discover suitable affiliate products for selling.
- Look for what’s trending
Promoting trendy products is an effective way to jumpstart your affiliate sales. It can be challenging and unproductive to promote slow and irrelevant products.
- Find out the upcoming trends
To secure a lucrative opportunity, it is necessary to have foresight when locating a product before it gains widespread popularity. Building anticipation for the future is crucial in this regard. Joining various affiliate groups on Facebook, as well as Discord/Slack communities, allows individuals to engage in conversations about upcoming trends.
- Follow the discussion forums
If you come across relevant discussions on forums like Reddit and Quora, take advantage of the opportunity and begin with affiliate marketing without any delay.
- Find discussion platforms particular to your niche
To expedite your growth, avoid solely engaging in general discussion forums and instead focus on seeking specific information within your niche.
What Are the Best Affiliate Products to Sell?
Here is a list to consider when starting your affiliate marketing journey, now that you are aware of the correct tips.
1. Virtual Reality
Precisely, engage in retail of virtual reality equipment!
Due to advancements in VR technology, companies selling VR products and services are now experiencing a surge in public interest, resulting in the successful take-off of virtual reality products.
Facebook has changed its name to Meta and intends to fully prioritize the advancement of VR technology. Due to the emergence of NFTs and Metaverses, VR appears primed for significant growth in the coming future.
Why Is This a Great Niche to Target?
– Global Search Volume: The number of searches worldwide is 187,000. – Some Affiliate Programs: Examples of affiliate programs include VR sync, Mobfish VR Studio, and Level up reality. – Expected Commissions: The commissions offered are variable, with an average range of 5-25% expected.
As Meta becomes more popular, numerous companies will focus on the VR headset market. Joining now offers substantial opportunities for growth. The increasing interest guarantees enhanced chances of succeeding.
Meta recently introduced a technology called the “segment anything model,” which enables the extraction of any object from an image with a simple click. The company’s sample video demonstrates the use of this technology in conjunction with virtual reality (VR), and this is only the beginning for such advancements. Engaging in VR affiliate marketing holds significant potential for substantial profits.
In addition to promoting a physical VR product, you can generate profits by advertising VR game arcades or other businesses that utilize VR technology in your locality.
2. Drones
Despite the many restrictions on flying drones, their popularity has significantly increased. The drone market is expected to continue thriving in the upcoming year. Nowadays, drones are not solely used for recreation, but also have commercial applications, particularly in photography and other sectors.
An advantage is that this growing industry has many drone manufacturers and a variety of existing affiliate programs.
3. 3D Printers
In the past, it used to be necessary to sell multiple body parts in order to afford a printer, but those days are long gone. Presently, the cost of owning a printer has greatly reduced, leading to expected outcomes. Consequently, it is now entirely feasible for anyone to possess portable 3D printers.
The applications of 3D printers extend beyond just being a hobby tool, as they are widely used in various fabrication and manufacturing scenarios. Considering the increasing accessibility of 3D printers, it would be unwise to overlook the chance to capitalize on this emerging trend.
4. Phone Accessories
With the arrival of high-end and affordable phones, the demand for phone accessories continues to be strong. Rather than choosing low-quality replicas, it is advisable to collaborate with reputable accessory producers. The assortment of accessories includes phone cases with LED lights, wireless earbuds, and various Bluetooth-enabled items.
5. Cloud Hosting
The demand for cloud hosting services that provide managed solutions is increasing due to the fact that not all individuals with ideas possess expertise in server management.
In today’s times, website owners, developers, agencies, and even freelancers find it preferable to avoid the difficulties of hosting by using managed hosting solutions. This is primarily because these solutions help save users a significant amount of time and effort.
Web hosting affiliate programs with lucrative commissions are offered by providers like Cloudways. You have the opportunity to earn commissions as high as $125 per sale and have the flexibility to work at your preferred pace with Cloudways.
6. Wireless Chargers
As more individuals opt for wireless chargers, wired chargers are gradually becoming less common. With the increasing popularity of NFC chargers, the world is swiftly transitioning towards a wireless approach for gadgets. It is only a matter of time before wired chargers become obsolete.
The process of earphones and headsets becoming wireless is already visible.
With a variety of companies introducing various styles of wireless chargers, the market is becoming more competitive. It is wise to enter the market now and begin selling these chargers. By the time they become commonplace, you will already have established a substantial customer base, making it a rewarding rather than a stressful endeavor.
7. Home Automation
The growth of the home automation industry in the past five years can be attributed primarily to various significant innovations, such as video doorbells, smart locks, and smart hubs designed for Smart Homes.
The strong consumer following of these devices results in a lucrative market for affiliate marketers.
8. Security & Surveillance Systems
Have you ever come across the phrase, ‘Sell shovels when in a gold rush’?
In many countries, as security deteriorates and uncertainty prevails, there has been an increasing demand for security and surveillance equipment. This surge in demand has created a highly competitive and promising market for marketers in the safety and security industry.
9. Real Estate Products
Due to the time it takes for people to develop trust in someone in the real estate industry, this competitive niche may not yield immediate results. However, once you establish yourself as a trusted source, the potential for high earnings is significant.
The possibilities in this field are abundant, ranging from becoming realtors’ affiliates to endorsing home insurance policies.
10. Car Vacuum Cleaner
Car vacuum cleaners are a suitable option for ecommerce stores because they are generally affordable, except for the higher-end models. Additionally, there is a consistent demand for car vacuum cleaners throughout the year as individuals aim to maintain cleanliness in their vehicles, thus making them a valuable investment.
