DISCLOSURE: THIS POST MAY CONTAIN AFFILIATE LINKS, MEANING I GET A COMMISSION IF YOU DECIDE TO MAKE A PURCHASE THROUGH MY LINKS, AT NO COST TO YOU. PLEASE READ MY AFFILIATE DISCLOSURE FOR MORE INFO.
Passive income, it’s the stuff dreams are made of!
Imagine getting money coming into your bank account each month, without having to do anything at all. Sounds like I’m telling porkies right?
Before I’d started to research and learn more about affiliate marketing, I used to think stuff like this was utter nonsense also.
Why would anyone pay you a monthly income, if you’re not doing anything!?
I just didn’t get it.
And many people before they see it in action, don’t believe it themselves and will tell anyone who’ll listen; affiliate marketing is a scam, it’s all a load of rubbish!
Well, I’m here to tell you that recurring affiliate commissions are not the thing of fairytales.
If you take the time to promote the right products, that offer recurring affiliate commissions, you will get money paid to you as long as that person stays a customer of the product.
Why Do Companies Pay Recurring Commissions?
Recurring commissions work on the premise of; if I’m winning you’re winning. Many big and small companies now recognise the value of paying affiliates well. If they pay affiliates well, they’ll do a lot of promotion for them and bring a lot of new leads to the door.
Affiliate marketing is basically promoting a product and when someone buys though your link, you get a cut of the sale.
Recurring commission is when someone buys a product through your link and the product has to be paid monthly, meaning you still get a cut of the profits each month as long as that person keeps paying.
This is the awesomeness of recurring commissions, after you’ve got someone through that first sale, you don’t have to do anything else and you’ll still get recurring income!
And Sticky Cookies! What the Hell Are They?
Some companies will even go a step further and offer something called ‘’sticky cookies’’. This basically means; when someone buys a product from a company through your link, even a low ticket product like a book, they will be sticky cookied to you.
If this person then goes on to buy anything else, even a high ticket product like a course the company may offer, you still get the commission from the sale as you brought them in to start with!
Now do you see the power and lucrativeness of affiliate marketing!?
It’s a win-win for the company and you as an affiliate. You do the marketing to bring customers in for the company so they get new customers and they share some of the sale with you.
This is why according to business insider, the revenue from affiliate marketing has steadily grown by 10% annually and will continue to grow!
Not only is it fast growing, but it’s a global industry worth well over 12 billion in 2017 and probably way more today in 2019!
Right, now you know the power and reasoning behind affiliate marketing. Let’s take a look at some of the best affiliate programs that pay recurring affiliate commissions.
Every business needs a funnel to sell what it has to offer. A funnel is basically a journey you take someone on from being aware of you, through to them becoming a raving fan and a customer who buys.
Chances are you’ve been through a few funnels already when opting in to receive a free eBook, a free PDF or to go onto someone’s email list.
No longer do you have to be a super brainy coding geek to create beautiful, high converting funnels thanks to Clickfunnels.
Clickfunnels already has many pre-loaded, beautiful funnels already in their platform that you just have to fill with your own logo, message and brand colors via the easy drag and drop interface.
Becoming an affiliate for Clickfunnels will get you 30-40% recurring commission after someone buys though your link. They also offer the awesome ‘’sticky cookies’’ which could potentially get you some massive commissions on their high ticket products.
Every business needs an email autoresponder to keep in touch with their growing email lists. While there are many out there you could promote, I’d suggest promoting one’s you’ve used and know are good.
I promote Get Response as I know it’s a great email marketing system, especially for affiliates.
Once people sign up to an email marketing service, they’ll usually stick with them for a long time and this is why they’re great to promote.
Get Response offers monthly recurring 33% commissions which can be a nice little earner.
SEMrush is an all in one tool suite for improving online visibility for businesses. It helps with SEO, PPC, keyword analysis, competitive analysis, social media marketing, content marketing and campaign management.
It’s a hugely useful tool that will significantly help customers with their ROI. This is why it’s a great program to promote as an affiliate and you can be confident it will be high value to customers.
Joining SEMRush as an affiliate can be very lucrative as they pay 40% recurring commissions on some pretty high price points.
You might have heard of Shopify and how you can build your own online store without having to hold any stock. This is why Shopify has become such a popular platform allowing the average person create their own business overnight with little risk.
If you have a customer base that you know will benefit from using Shopify, you can promote it to them as an affiliate and they pay a pretty decent 20% recurring monthly commissions.
If you have customers that would potentially buy into Shopifys higher tier plan, you could get up to $2000 per referral!
Alongside keeping in touch with customers via email, every business will have a social media presence that needs updating regularly. This can become overwhelming and this is where Socialoomph comes in.
Socialoomph is a social scheduling tool helping businesses and individuals post across multiple platforms and schedule posts ahead of time.
This can be a game-changer for productivity levels, freeing up time to work on other areas of a business.
As a Socialoomph affiliate, you can earn 40% recurring commissions after you get someone signed up through your link. They offer different pricing levels, plus yearly payments where you can earn a higher one-time commission on a lump sum.
These are some ideas for monthly recurring affiliate programs that pay well and all are useful tools. Remember, just because you choose to promote great stuff, affiliate marketing is an income stream that takes some time to gain traction with.
Just signing up to be an affiliate and posting your link everywhere WILL NOT work. Choose one or two products you believe in and build an audience you know will benefit from these products on your social media by giving tons of value.
Only once you’ve taken the time to build your audience and gain their trust, should you then think about offering your affiliate products.
Let me know any questions you have below or connect with me here on Facebook.