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Amazon DEVASTATES Affiliates 👉 Alternatives to Amazon Associates Affiliate Program

April 17, 2020
by
Pat Flynn
YouTube video player
Amazon DEVASTATES Affiliates 👉 Alternatives to Amazon Associates Affiliate Program

TL;DR

Amazon Associates, a program for affiliate marketers, has made significant commission rate cuts, leading to potential financial hardships for many. This article provides alternative platforms and strategies to mitigate the impact.

Transcript

whoo man there's been some massive and potentially devastating news for some people in the world of affiliate marketing specifically for Amazon Associates that is the two million plus affiliates for people who promote products on Amazon and I'm guessing it's actually way more than that I mean these are Commission rates that are dropping drastically... Read More

Key Insights

  • ☠️ The sudden commission rate changes by Amazon Associates can severely impact the livelihood of affiliate marketers.
  • 🎏 Diversification of income streams through alternative affiliate programs is crucial to mitigate the impact of these changes.
  • ☠️ Exploring digital products and software as alternatives can offer higher commission rates for affiliate marketers.
  • 🍉 Creating and selling one's own products can provide long-term stability and control over income.
  • 👶 Crowdfunding platforms like Kickstarter can help finance and launch new products.
  • ☠️ Platforms like Target, Walmart, B&H Photo, and Adorama are viable alternatives to Amazon Associates with different commission rates and advantages.
  • ☠️ Email service providers and online course platforms often provide attractive commission rates for affiliates.

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Questions & Answers

Q: Why is Amazon Associates making these commission rate changes?

The exact reasons behind Amazon's decision are not discussed in the content. However, speculation and frustrations can be found on platforms like Reddit and various forums.

Q: How can affiliate marketers cope with the potential financial loss?

Diversification of income streams is key. Seeking alternative affiliate programs like Target, Walmart, or niche-specific platforms can help supplement the loss.

Q: Are there any digital products or software that offer high commission rates for affiliate marketers?

Yes, platforms like Teachable and email service providers often offer higher commission rates ranging from 10% to 50%. Some may even offer 100% commission due to potential future purchases by referred customers.

Q: Is it possible to create and promote one's own products as an alternative to relying solely on affiliate programs?

Yes, creating and selling one's own products, like online courses, can be a long-term solution. Crowdfunding platforms like Kickstarter can help with funding and product creation.

Summary & Key Takeaways

  • Amazon Associates Program is making drastic commission rate changes, affecting the livelihoods of affiliate marketers overnight.

  • This article acknowledges the frustration caused by the changes and offers solutions and alternatives to diversify income streams outside of Amazon Associates.

  • Target, Walmart, B&H Photo, Adorama, Teachable, Skillshare, and others are suggested as alternative platforms for affiliate marketing, each with its own commission rates and advantages.


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