Everybody is interested in joining affiliate programs these days. The economic meltdown has driven people into looking for ways of making extra income to supplement what they have. But should you just join any affiliate program that you come across? It is necessary to know the highest paying affiliate niches before enrolling into them.
Affiliate marketing takes time, energy and resources; so one needs to be fully informed from the outset before taking a sail. You don’t want to rock your boat in the middle of the river. You wouldn’t want to waste your time, energy and money promoting a niche that does not fetch money. It is therefore, expedient to make research and kit yourself with the right knowledge in order to be able to make real money with whatever product you decide to promote in the long run. I will attempt to answer the question a lot of friends and followers have been asking me, which is, which affiliate niche is more profitable? Well, in this e-book, I will be talking about the 11 highest paying affiliate niches to promote.
As you may have been aware, I get paid for some products and services that I write about on this website through affiliate relationships with the merchants in that I review their products. If you click on the links and purchase any of the products, I get rewarded with some commissions for my efforts.
However, that does not in any way influence my personal opinion of the products. I always try to give my sincere opinion of the products I review after extensive research on them.
I review each product believing it would be really useful to you. The merchants/advertisers do not directly pay me anything for reviewing the products; I only receive some commissions if you buy through my link – a little reward for my efforts.
What makes an affiliate niche more profitable?
Experience has shown me that three major factors make an affiliate niche profitable. Once these factors are present in a niche, the tendency to make money from the niche will be high. Other factors may be there, but these three are the most important that determine which affiliate niche is more profitable:
For a niche to earn you the kind of money that brings lasting wealth there must be demand for the products being promoted. The product must be used by a lot of people. The more people need it the more money would be spent acquiring it, and the more money would be available for whosoever is promoting the product. It is difficult to make much money from a product that has less than a thousand searches per month. By the time fifty to a hundred people are promoting the same product, you may not be able to make anything meaningful out of it especially if you don’t rank on Google’s first page for the search keyword.
But if a product has over a million searches per month, no matter how many the affiliates are promoting it, they would definitely generate far more income for you no matter how little the commission is. By the time a lot of people buy from you again and again, you will have accumulated wealth. So, before delving into promoting a product, be sure there are demands for it and that you stand a chance of making money from the niche.If you put everything together, you will discover that those products with high demands will eventually rank among the highest paying affiliate programs, because they keep earning you money now and then.
Having talked about demand, the next thing to talk about is revenue. If there are demands for a product but the revenue is too small, you are likely not to make much money there. For example, some CPA networks pay you $0.5 for lead generation. How many of such leads sent to them would make you rich in the long run? Before you can earn $100 under such arrangement, you must have sent 200 leads. The revenue is certainly not good enough to motivate you into taking all the risk, doing all the work and promotion needed to generate the leads. If you are looking for the highest paying affiliate niches, think about those niches with high money to spend.
Type of commission
You may be asking yourself the difference between revenue and commission type. The commission type here is about the nature of commission to expect from the sales of the product being promoted. Why some affiliate programs offer you a one-time payment, others offer recurring payments. If a program gives you one-time payment of $100 for a referred customer and another gives you $20 monthly for life, which of the two is more profitable?
The type of commission offered plays a great role in determining the highest paying affiliate niches to promote. If you have the opportunity of choosing between a one-time payment that is less than $500 and a recurring payment that is up to $20, it is better to settle for the $20 because it will earn you money into your retirement age when you will not be able to work again. A combination of several recurring payments will definitely guarantee you a financially secured retirement period. But whereby the one-time payment is huge, you can as well go for it as it enables you to invest in other ventures that will keep yielding revenue for you. Those highest paying affiliate programs that offer over $500 per sale will help you to easily generate more revenues in the shortest possible time. But, you may not be able to easily generate several sales. However, their refund rate is very low as they will usually think it over before committing their moneys.
The highest paying affiliate niches to promote
Now let’s go into the nitty-gritty of this post. The question I have decided to answer is which are the highest paying affiliate niches? I have made some researches and found out that some affiliate niches will actually make you the kind of huge commissions you never imagined were ever possible. So, let’s take a look at some of the niches where the money is hidden.
1. Watches and Jewelry
Watches and jewelry is a profitable niche to promote any day. It is one of the best paying affiliate programs out there. The profit level is encouraging if you know how to do it well and you have the resources to promote it. An average sale here can give you as much as $500 and above. Now let’s take a look at a few of the highly profitable products to promote here.
TheWatchery: offers 10% commission on each sale referred to them. You can make commissions on sales of watches up to $10,000 on the site. 10% of $10,000 gives you $1,000. That is perfectly cool. Their affiliate program is handled by the Rakuten Affiliate network. The Watchery is, therefore, one of the best paying affiliate niches you have to promote in order to make more money in the shortest possible time. The challenge you may face is how to scale the acceptance hurdle as it is quite difficult to be accepted if you do not have a website in related niche or a website with a huge traffic.
James Allen: It’s another product in this niche that offers good commissions to their affiliates. Every sale referred to them attracts 5% commission. Most of the products sold here cost above $3,000. So, 5% of $3000 is $150. You can make more money when products with higher prices are bought by the referred customers. Just The Watchery, it is difficult to be accepted as an affiliate.
2. Day Trading
Sending leads to forex trading platforms can earn you huge commissions. It is possible to earn over $1,000 here. A good example is:
Colmex Pro: ColmexPro pays up to $1,000 per new client in their CPA. They also offer 3% commission on the deposit made by the customer (CPD). If the customer makes a single deposit of $10,000, you get $300 commission as the deposit is processed. This makes Colmexpro one of the highest paying affiliate programs to settle for.
3. Startup Loan
Still wanting to know which affiliate niche is more profitable? Well, here is another affiliate program with high affiliate commission. This niche can earn you up to $1,000 in cash commission.
FinishLine Loans: This is a training platform on how to obtain startup loan or business credit. They pay you $1,000 for every customer referred to them that completes their training program, making them one of the highest paying affiliate niches around. Unfortunately, they are not accepting non-US based affiliates at the moment. So, if you are not resident in the US, it is good to look elsewhere or take a look at the other options we have here.
4. Product Launch
You can leverage the power of product launch even if you don’t have your personal products to sell. There is money to be made in selling other people’s products especially if you have a huge e-mail list. A good example in this hot niche is:
Warriors Forum: In the warriors’ forum, there are a lot of products you can easily promote and make money. They range from quality e-books to videos and other software. This forum is regularly updated with new products on daily basis. Once you join the warriors’ forum, you can activate your affiliate account and start promoting them. Each product requires that you apply to the vendor to be given the go-ahead to promote the product.
JVNotifyPro: It enables you to earn high affiliate commissions promoting other people’s products as they are launched. You can earn well