Date: 2020-04-16 16:23:26
Yesterday Amazon announced they are slashing the Amazon Associates affiliate program payout to just 3% commissions. Learn what I’m doing about it here. Hit Like Button = Smack Jeff Bezos
Amazon kills their affiliate program by lowering affiliate commissions to just 3%….
The bad news is Amazon just pretty much killed off their affiliate program.
The good news is you’ll feel much better about it by smashing that like button below!
Ok so Amazon just sent out an email:
Now some of the most profitable markets like Baby, Tools, health, and outdoor products are effectively killed. Some even offering as low as 1%…
This is a far cry from the original (recently reduced) rates of the old Associates commission rate schedule.. where at least you could make some money.
So what do you do about it?
Number 1: You could push to higher ticket Amazon products… like for example $1500 baby strollers. These by nature will probably have less search volume, but at $1500 x .03%, that’s a solid $45 commission. Which is in the ballpark of the kind of commissions I’m trying to make in order to pull in a full time income. A few sales a day gets you to that.
The problem with this route is most affiliates will also be pushing into the higher ticket space in order to compensate for lower payouts.
The second problem is by the actions we’ve seen from Amazon, I wouldn’t be surprised if they cancel their affiliate program all-together in the next couple years.
Amazon holds all the cards, and you are just a mere pawn to them. Even Amazon FBA sellers are experiencing similar problems (we’ve been working on a puzzle product and have been having trouble getting approved on Amazon FBA, more on that later).
Number 2: You could go into other networks like CJ.com that offer higher commissions on products. I just did a quick search for some baby products, and here’s what I’ve found:
A third party site offering 6% on baby stroller gear.
Alternatively, a good search for affiliate programs revealed another site called Bloom offering 10% commission on an average order of $350 with a 90 day cookie. WAY better than the Amazon affiliate program.
Number 3: Move into digital markets like I’ve been doing.
Digital affiliate programs typically understand the importance of their business to have active affiliates driving traffic and sales.
Because of this, they go through a lot of effort to attract affiliates – Some offering 100% commission on front end sales AND giving away prizes like motorcycles and even cars to top performing affiliates.
Also, in regards to physical products in general, I think we’ll start to see a decline in everything but like exercise equipment, Clorox wipes, and hair trimmers.
Digital products I think we will see a surge in sales, especially as people pick up more hobbies or start seeing their income dry up – they will be more inclined to look for income opportunities.
Example, have you built a website before, done keyword research, or made a YouTube video?
Well guess what? You just enough to teach someone else who knows less than you, even better you can document your journey and recommend tools and programs you found to be valuable. People are often looking for peers to follow along with because they feel they are in the same journey. This applies to hobbies and other professions too.
So my question for you is would you like to learn how to tap into digital markets and earn up to 100% commissions on sales? We’re talking $200+ in commissions as an affiliate?
Well very soon I’m releasing my latest Clickbank affiliate training program. I’m going to show you how to build simple sites that drive serious commissions… even better they thrive during both good times and bad.
It’s taking me longer than I expected to put this beast together, but it’s worth the wait.
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