Referral, partner and affiliate programs are a great way for marketers to make a little extra cash or even a living. In fact, affiliate marketers earn an average of $51,639 per year. These programs are also the perfect way for businesses to attract more eyes to their product.Both programs bring new customers to your business through advocates of your product.
Refer People to Products You’re Passionate About
There are a lot of great products out there that offer referral incentives, but you’re more likely to profit from referrals if you’re recommending products you’re passionate about.
Create Valuable Articles and other Resources for Your Audience
While putting a logo on a service or tool you’re referring on your website will drive some referral traffic, providing your audience with valuable resources can educate and lead them to tools that can help them with their jobs.Consider the products and services you promote as part of your content marketing.
Use the Company’s Blog to Find Valuable Stats, Best Practices and Resources to Share
Creating consistently valuable content can be difficult.One of the best ways to find inspiration for your blog posts is to read the blogs of your favorite products — the ones you’re recommending! Why? The company’s blog is where you’ll find valuable resources that you can link to and share with your audience.
Use the Product and Share Your Experience
Use the product or service you are recommending, then share your experience with your audience. For example, if you’re an agency and you create a two-week giveaway, chances are the readers of your blog would love to see your process and hear about your results.Referral programs are a great way to make some “extra” cash. If you’re already talking about your favorite tools and products, see if the companies that offer a reward for recommending your friends.
By Dana Kilroy
Culled From: https://www.shortstack.com/blog/a-3-step-guide-to-making-money-on-referral-programs