Affiliate Marketing is one of the main sources of income for bloggers, influencers also use it to make some income, this affiliate income estimator will show you what the income potential might look like, you might be wondering how much money does a blog make? And with this tool, you can see for yourself. Figuring out exactly how much you can actually make from affiliate sales can sometimes be difficult, use the affiliate income estimator calculator below to identify your income potential from affiliate marketing on a blog.
*Note that the calculations on the affiliate income estimator are merely an approximation, the real-life experience will vary, but it is a decent tool to identify potential.
I will be making the estimator more complex in the future to take some of the guesswork out of the estimates.
Average conversion percentages in the market are between 0.5% and 1% that would be 0.005 and 0.01 in the above slider.
If the income potential is intriguing you, then create your own blog.
Affiliate income is income that you can generate by marketing and selling someone else’s products or services and in return, you will get some commission for the sales.
Commission levels vary wildly depending on the product or service you are promoting, it can really be anything from a dollar to a thousand dollars per sale, generally, the more expensive something is the higher the commission amount will be.
So if you have a small audience you are marketing to, you might have to consider promoting products and or services that cost more so that your payout would be enough, but if you have a large audience then smaller items with lower payouts become quite a bit more profitable, especially since lower cost items are more affordable for many people.
Most Profitable Niches
There are many profitable niches, in fact, I believe all of them are profitable to some extent, some definitely more than others, and competition levels will vary significantly. In 2021 the most profitable niches are
- Personal Finance
- Business & Marketing
- DIY Blogs
- Health and Wellness
As you can imagine the thing that these niches have in common is there is large audience potential. But that doesn’t mean that some of the smaller micro-niches can’t be profitable, in fact, most new bloggers will find it much easier targeting a micro-niche to generate an income instead of these major niches. Since most people will want to go for the most profitable sectors, which leads to loads of competition.
Affiliate Marketing Tips
In general, people want to buy products that will solve a certain problem, and most people don’t actually like buying something that is of poor quality or doesn’t end up being what they thought it would be, so be clear with your audience on what the product entails, it should be something that you would want to buy with your own money.
- Concentrate on creating quality content
- Target affiliate programs that has a large commission
- Don’t market poor products just because of the commission
- Promote products or services that renews monthly
- Look for products that has a lifetime payout
To start earning an income from affiliate marketing, you need a platform where you can market products or services, one great platform that people use is a blog. Once you have the platform that you want to use, you will need to grow your audience, since without people seeing your marketing efforts no one can buy the products. There are many different ways for you to grow your audience, one is by using social media, your audience will not become the next big thing overnight, but with some constant TLC you will be able to grow.