I know the 10 best affiliate programs for making recurring passive income in 2020.
For those of you who don't know, affiliate marketing is the process of you earning a commission by promoting someone else's product or service.
A lot of companies have affiliate programs. They will happily give you an affiliate commission for every customer that you refer to them.
Even better, many of these programs pay recurring commissions. Recurring commissions is one of the best sources of passive income that you can have.
If you want to know the 10 best affiliate programs and how you can start making passive income from them, keep reading!
Watch the video below:
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Do you want to know how you can start making money with affiliate marketing? CLICK HERE to join my FREE Affiliate Marketing Masterclass!
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Recurring passive income can help you retire early.
What if, instead of being a slave to the rat race, you could make money while you sleep doing something that you love? This is what affiliate marketing offers. Together with email marketing, affiliate marketing is one of the largest sources of online income, accounting for over 16% of all eCommerce orders in the USA and Canada.
Affiliate marketing is one of my favorite ways of making money online. You can make great money as an affiliate marketer. I've built a multi-million dollar affiliate marketing business promoting other peoples' products and services.
However, keep in mind that affiliate marketing isn't a get-rich-quick model of passive income. It takes a lot of time, energy, and hard work to build a successful affiliate marketing business. That being said, once you get the engine running smoothly, there is no limit to how much money you can make.
Watch the video above where I share my strategies for how you can promote affiliate products and make recurring passive income with each affiliate program!
What I love most about affiliate marketing is that you don't have to create a product or be the expert. Rather, your job is to simply promote a product and generate sales from it. Choosing the right category to promote products is key to affiliate marketing success. One of the best categories is the online business category.
If someone has an online business, there are certain software and tools that they will need to pay for every month to build their business. As an affiliate, you can make commissions on these types of products for as long as people are customers of those products. Hence why the online business category is the best source for recurring commissions.
Here are the 10 best affiliate programs of 2020. Let's dive in!
1. ClickFunnels
This is a software that allows people to build their funnels online. This is what I use in my online business for all of my funnels. I would not be able to run my business without it. When you pay for a ClickFunnels subscription, you get access to a lot of great Internet marketing training on the backend of their platform.
ClickFunnel pays a 40% monthly recurring commission. Their minimum plan is $97 per month. This means that you can make $40 per month in recurring commissions over the long-term. ClickFunnels has a lot of great front-end products to choose from in their affiliate network as well.
A powerful way to promote ClickFunnels is to create content that shows people how to use the product, in the form of a tutorial or a review. As an example, check out the FREE ClickFunnels training that I created.
2. Aweber
This is an email service provider that helps people do their email marketing for their online business. Aweber allows you to collect emails, send broadcasts to your email list, and set up auto-responder emails.
I've been using this service for over 8 years now. As an affiliate, you earn a 30% referral payment on every sale. Like ClickFunnels, when a business owner signs up for this service, he/she will use it every month and stick with it over the long run.
3. ActiveCampaign
This is a marketing automation software. Similar to Aweber, it allows business owners to connect and engage with their customers. This software has great retention because they have great email deliverability. When you send an email to your list, you can trust that it goes directly to people's inboxes.
ActiveCampaign offers people a free trial to sign up. With their affiliate program, they pay up to 30% of each customer's account value every single month.
4. Improvely
This is a marketing analytic platform that allows marketers to track, test, and optimize their online marketing campaigns. They are one of the best in the industry for analytics and split-testing.
They give you 50% of the first payment, and then 10% of the recurring revenue share for the first year for each customer you refer. You can make up to $1,400 per referral.
5. TubeBuddy
This is a Google Chrome extension that helps you build your YouTube channel. They help you with advanced keyword research so that you know which keywords someone is searching for on YouTube. Also, they give you ideas on the types of topics you should create YouTube videos on, and how to get traffic to your videos.
One great feature of TubeBuddy is their A/B split test. With all of my YouTube thumbnails, I always test two different thumbnails. Doing so allows me to see which one is going to get a better click-through rate. In addition, TubeBuddy helps you track the rankings of your videos on YouTube. With their affiliate program, you can earn up to 50% recurring commissions.
6. Teachable
This is a tool that allows you to create online courses. They have awesome features, some of which include a membership site, video hosting, a payment plugin, and email integration.
Teachable pays out 30% commissions with a 90-day cookie. This means that when people click on your affiliate link, it will place a cookie on their browser. As long as they sign up within 90 days, you will still earn a commission. However, if someone clears his/her browser cookie, you won't get the commission.
7. LongTailPro
This is a search engine optimization tool. It helps you identify keywords in Google that you can create content for, as well as track the rankings of your content. For each referral, you can earn a 30% commission on all sales and recurring transactions.
8. SEMrush
This is a suite of tools that offer solutions for search engine optimization, PPC, content marketing, market research, and social media marketing. You can earn up to 40% recurring commission from each SEMrush subscription.
9. SkedSocial
This is a social media management and scheduling tool for Instagram. If you're trying to build your Instagram, you want to use a tool like this. They have a ton of cool features, like a visual content calendar and hashtag analytics, to name a few.
SkedSocial offers a free 7-day trial so that you can test it before committing. SkedSocial gives affiliates 20% of the first payment, and then 10% recurring commission for the first 12 months.
10. Elegant Themes
WordPress is a free website creation platform that has a variety of custom themes for you to choose from. To use WordPress, you need to install a theme. A theme is like a design that someone else has made that you can install on WordPress and customize.
When someone signs up for this theme, he/she will get a license to use it, which will renew every year. With their affiliate program, you get 50% of the sale and you get the renewals of their subscriptions every year.
11. Clickbank
This is one of the largest affiliate marketplaces in the world. You need to sign up for a free account to get access to the marketplace. However, once you log in, you can browse a variety of different products that you can promote through its affiliate network. ClickBank's affiliate marketplace allows you to earn up to 90% commissions.
These are the 10 best affiliate programs for making recurring passive income.
Your success as an affiliate marketer will be determined by your ability to effectively market affiliate products. This is a skill that you need to cultivate. The only way that you make money with these affiliate programs is by learning how to get traffic to your affiliate links so that you can funnel people to your products.
You can employ a variety of different techniques for promoting your affiliate products, whether it's blogging, creating YouTube videos, sending out newsletters, adding banners to your website, or running social media campaigns.
If you're a beginner to the online business world, affiliate marketing is the best model to get started with! Make 2020 the year that you start making recurring passive income.
Do you want to know how you can start making money with affiliate marketing? CLICK HERE to join my FREE Affiliate Marketing Masterclass!
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