How Do You Get Paid In Affiliate Marketing? That is the question on the minds of those people who are not yet an affiliate marketers. Some people are skeptical about the program and want to know the nitty gritty details before deciding is it a good way to make money.
Others are looking into the program and want to see how they reimbursed for the time and effort. To get the answer to the how do you get paid In affiliate marketing, just continue to read our article.
We go through the payment options step by step so you can understand how to make money as an affiliate marketer.
First Things First
Before you can get paid, you have to sign up first. That is the obvious step. The next step in getting paid is for you to find products in a niche you want to or can represent. After you have picked those products, you make an agreement with the different sellers and come to terms on the commission fee.
You have to have this agreement in place first or you will not get paid for what you help sell. Once this agreement is in place, you are sent a an affiliate link. This link contains a unique tracking code that lets the seller know who is responsible for the sale.
When all the technical aspects have been met, and the commission is extracted from the purchase price, the seller sends you the money you have earned for that sales period.
Earning Your Commission
Each affiliate program has a schedule of commissions letting you know up front how much you can expect to be paid when you make a specific sale. You just need to look on that page to help you decide which products you want to sell.
Amazon Affiliates commission schedule is found here. As you can see, their commission payments are not that high. Some of their commissions are paid in percentages while others are paid by exact dollar amounts.
Check our take on most legit way to make money online.
There is nothing forcing you to take low paying commissions. It is all your choice on which products you would like to represent. The amount you make is up to you.
Getting Paid By Amazon Affiliates
Each affiliate company is different and they have their own rules. If you want to go with one of the more popular affiliate programs, Amazon Affiliates, they have 3 methods of payment.
- Direct deposit - the minimum amount you need to have in your account is $10. But direct deposit is usually reserved for American based affiliates. It is not available for affiliates living outside of the country.
- Gift certificate - again the minimum cash out mark is $10. It is not a great way to get paid and limits your shopping to Amazon only.
- Check - this is the most common way for non-American based affiliates to get paid. This may not be the easiest method to be paid because of international or American banking rules. The way to get around this problem is to use a company like Payoneer or Pay Pal.
Amazon may take 2 months from the end of the pay period to send you your money. For example, if your pay period ended on January 31, you would not get paid till March 31.
How To Be Paid By Wealthy Affiliates
Wealthy Affiliates uses Pay Pal only to pay their affiliate marketers. You need to set up a Pay Pal account for the country you live in. It is not hard to do and takes a little time for the verification process to be completed.
To receive your money from Wealthy Affiliates, you need to go to your dashboard and click the $ sign. It also says WA affiliate program beside the symbol. Then you click the my stats button to find out how much you are owed.
Scroll down till you find the words payment settings. Enter your Pay Pal address and at least the minimum amount you want to receive. Don’t forget to click the save my payment details button.
Follow your training to make sure you get the right amount sent to you. Wealthy Affiliates pays your commissions on the first day of each month.
How Do You Get Paid By Affiliate Companies
These are just 2 examples of how 2 affiliate companies pay their affiliate marketers. As we stated earlier, each company has their own methods and their own rules on how they will pay. Some of their rules are influenced by national and international finance laws which are hard to change.
The best thing to do before you sign up is to search out all the payment methods used by the company and see how they affect the country you are living in. Pay Pal or similar companies are the most common payment methods and yo would have to follow their account rules to establish an account.
There are some common mistakes many new affiliate marketers make. You can read more about them in the linked article.
How I Started Getting Paid
Getting that first affiliate commission check was a great reward. I was finally receiving the money I had earned. The way I started to get paid was through hard work and following the training my affiliate company offered.
The training showed me what to do how to represent products and how to drive traffic to my seller’s websites. If it wasn’t for the training I received and my decision to follow it, I doubt I would be where I am today.
You can’t beat the training you receive that has helped millions of affiliate marketers like myself. You find solutions to your problems, answers to your questions and tips on how to avoid those mistakes made by others.
If you want to be paid and paid well, then I suggest you follow the training offered by affiliate companies. They know what they are doing and have been through it themselves. Don’t go it alone when you do not have to.
Thank you for reading.
Let me know in the comments below what is your favorite affiliate marketing platform.