9 Best Affiliate Marketing Tools to Help You Become A Smoother Entrepreneur
Making money without working for it. Sounds too good to be true, right?
Up until a few years ago, it would have been impossible to make any serious amounts of money by not actively working.
A few years ago, the phrase “passive income” exploded. Literally, everyone started using their noggin and finding and developing ways to make money without actively working for it.
Affiliate marketing was one of the ways favored by these passive income aficionados. Expert affiliate marketers have built a very respectable amount of wealth in a minimal amount of time.
If you haven’t heard about affiliate marketing in the past, you might be wondering what it means. Well, since affiliate marketing has the word marketing in it, it must have something to do with selling a product. Being an affiliate means being a member of an organization or group.
Before getting into the tools that you’ll need to become an effective affiliate marketer, it’s a good idea to brush up on the basics of affiliate marketing.
What is Affiliate Marketing? Are affiliate marketing tools important?
Affiliate marketing is a process in which commission is earned by promoting (marketing) someone else’s products.
A product is identified that would be a good fit for the marketer’s audience. The product is then marketed to the marketer’s audience. The commission is then earned by the marketer on every sale that is made as a result of his marketing efforts.
In essence, affiliate marketing revolves around three people/parties:
the marketer, the seller, and the consumer.
The consumer buys the products that are promoted by the marketer and produced by the seller. Without anyone of these, the sales cycle won’t go round, and no commissions will be made.
Affiliate marketing is not an unsurmountable thing to do. Yes, it will be difficult and take a lot of learning and growth at the beginning of your journey. But the rewards that affiliate marketing has to offer will definitely be worth it. To become an expert at affiliate marketing, you’re going to need some affiliate marketing tools.
The affiliate marketing tools at your disposal will allow you to become more effective in your affiliate marketing endeavors.
How do affiliate marketers make money?
As discussed in the section above, affiliate marketers make money through the commission on sales.
One of the most critical things in affiliate marketing is to assess how loyal your audience is. If you have a small but loyal audience, you’ll definitely make more sales.
Having a large following and audience does help to raise awareness, but you won’t make any money just by raising awareness. Build meaningful relationships with your audience, and you’ll make greater affiliate riches.
If you’re just entering the affiliate marketing world, it would be advised to learn from the best. Find people in your niche that are an exceptional affiliate marketer with great knowledge of affiliate marketing tools. Have a look at how they are promoting products and try to extract as much information as you can.
Affiliate marketers need to be tech savvy and use new tools faster than others in their niche.
What are the benefits of affiliate marketing?
One of the biggest benefits of affiliate marketing is that you don’t have to work to make money actively.
Affiliate marketing allows you to make money using your existing audience and fan following.
By collaborating with different brands, the marketer will get exposure and attract more followers. The seller, on the other hand, will be able to reach a more loyal audience and have a chance to sell their products to them.
For sellers, affiliate marketing is great because it is cost-effective. You’re only paying when a sale is made.
The marketer has an added incentive to work harder promoting your products. His marketing performance will directly impact his paycheck. The affiliate marketing tools at the marketer’s disposal help him to earn money without actively working for it.
It’s a win-win situation for both the marketers and sellers.
The consumers also profit from affiliate marketing as well. In some cases, discounts are offered to the end consumer. At the very least, the consumers can be sure that the product they are getting is most probably of high quality.
Now that we have discussed affiliate marketing quite a bit, here is a list of affiliate marketing tools that will help your become smoother:
Everflow can be described as a partner marketing platform.
Everflow is used to manage your affiliate partners and track all of your customer acquisition channels.
Everflow comes with a list of features. Some of the essential ones include Shopify integration, quality customer support, optimizations, analytics, automatic fraud prevention, smart messaging, lightning-fast processing, thanks to Google cloud infrastructure, etc.
The best things about Everflow are that it is flexible and intuitive. As an affiliate marketer, you wouldn’t want to spend the majority of your time trying to figure out how to use a tool. With Evernote, you won’t face that difficulty.
Everflow comes with a 30-day free trial. Use that to see how Everflow works and what features will help you the best.
After the 30-day trial period, you’ll have to pay $295 per month.
ClickBank is one of the most well-known affiliate marketing programs. It was founded in 1998 and has come a long way since then.
ClickBank describes itself as a performance marketing company that brings vendors and affiliates closer.
ClickBank primarily focuses on digital lifestyle products. Businesses of all sizes can place their products on ClickBank. The affiliates will then identify the products that they are comfortable with and start marketing them.
Vendors on ClickBank can sell their wares to a global audience. If they want help with their account, ClickBank provides them with quality customer support.
For marketers, ClickBank provides them with a platform that pays them on time. They get to choose from a wide variety of products and services to market.
The best thing about ClickBank is that affiliates don’t have to pay any kind of fee. Vendors, on the other hand, have to pay a one-time activation fee of around $50 ($49.95 to be exact). ClickBank also exacts a pay period processing fee of $2.50.
Ahrefs is one of those tools that anyone in the marketing industry should have. Although its not a pure affiliate marketing tool, it is still something that you should definitely have.
As an affiliate marketer, it is highly likely that you’ll be generating a portion of sales through your website. To drive more traffic on your website, you’ll have to be great at SEO. And Ahrefs can help you do that and much more.
Ahrefs is a comprehensive tool that will make your life as an affiliate marketer easier.
Ahrefs comes with a whole plethora of tools, including competitive analysis, keyword research, backlink and content research, rank tracking, web monitoring, etc. The team at Ahrefs is working hard to provide newer tools to their clients.
With Ahrefs, you’ll be getting all kinds of reports that will help you make better decisions for your SEO.
Ahrefs comes with a 7-day trial that gives you access to everything for $7. It’s not as tempting as a free trial, but the folks at Ahrefs know the value of their tool.
After the trial, you can opt for the Lite version, which costs $99, while the standard version costs $179 per month.
If you haven’t previously used Ahrefs, use the free trial, then go for the Lite version if you like the tool.
CJ Affiliate is one of the largest affiliate marketing networks out there. It was previously called Commission Junction Affiliate.
CJ connects publishers with marketers that can help them increase their sales. CJ Affiliate is a pretty good starting point for people who are new to the affiliate marketing world.
If you’re a great affiliate, you’re in luck. The folks at CJ Affiliate are always on the lookout for great affiliates and make sure to reward them.
CJ Affiliate might not provide you with the hugest commission per sale, but it comes only second to partnering up with individual advertisers.
Tune is another partner marketing platform that affiliate marketers can use. It is arguably one of the most flexible solutions in the industry.
Tune is easy to use for affiliates and can be scaled quite easily. Because it can be easily customized and integrate third-party software, it allows affiliates to have much deeper insights into their customer’s buying process.
Tune allows all kinds of businesses with varying business models to work and collaborate with each other effectively.
For advertisers, Tune starts at $499 per month. And for networks, Tune starts at $279 per month.
Some renowned businesses that use Tune include Shopify, Groupon, chewy, etc.
Voluum is a cloud-based affiliate tracker. But what do these kinds of affiliate tools entail?
Well, for starters, Voluum is an affiliate tool that can track your advertising campaigns, analyze data to provide you with actionable insights, optimize advertisement performance, scale your affiliate marketing business, and much more.
Voluum has several features.
The fraud detection feature detects any ill visits and clicks. It also helps to protect your campaign from bots and other bad actors.
You also get a dashboard that provides you an overview of how things are going with your affiliate business as well as a mobile app that lets you stay up to date with your affiliate business.
Voluum also comes with a bunch of free resources that you can use to use the platform more effectively.
Voluum is priced at $69 per month, which makes it pretty affordable when compared to the other tools mentioned in this list.
Adplexity is an advertisement intelligence software that was founded in 2008.
In the past, affiliate marketers had to spend a lot of time researching and figuring out what part of their campaigns was working and what wasn’t. This time spent on research meant that there was a limited time for competitive analysis.
Adplexity is a game-changer in this regard. It has completely changed the way affiliate marketers conducted business in the past.
The key feature that Adplexity has to offer is it’s easy to use user interface. You can tell just by using the software that a lot of effort was put into making the affiliate’s life easier.
Adplexity comes with a neatly designed dashboard that is divided into three sections. The Ad page is the most important one if you’re an affiliate.
Adplexity does a lot of things, including spying on the competition, checking the sources, searching for trends, analysis, searching for banners ads, etc.
Adplexity has different pricing plans. For the desktop and mobile version, Adplexity costs around $199 per user per month. For the native version, Adplexity costs around S249 per user per month.
Ambassador is one of the most comprehensive referral software out there.
Ambassador comes with a whole bunch of features, including ecommerce integration, email marketing integration, mobile optimization, multiple languages, design templates, customer support, etc.
Ambassador also provides a bunch of resources on its website, including case studies, ebooks, webinars, formulas, etc.
Brands like HP, Shinola, Logitech, Zillow, have used Ambassador.
Ambassador comes in three plans: the starter, the professional, and the enterprise. Before making a purchase, you can conveniently schedule a demo.
As an affiliate marketer, you’ll have to place a link that leads to the product that you’re trying to sell.
If you have a long, obnoxious link on your website or other channels, people will be hesitant to click on the link, let alone purchase something.
To make sure that your audience doesn’t run away because of a horrible looking link it would be best to make the link more acceptable.
Bitly allows you to convert your long and ugly links into short and sweet ones. The main advantage of using Bitly is that it produces recognizable links.
One of the benefits of using recognizable links is that it builds trust among your audience. People will be more inclined to click on a link that they might have seen before.
You can start using Bitly for free. The paid version is around $29 per month but comes with added features, including basic customer support.
How to become a successful affiliate marketer?
Like most things in life, affiliate marketing doesn’t come with a set of steps that are guaranteed to lead you to success.
To become a successful affiliate marketer, you’re going to have to work hard and keep yourself up to date with the latest in sales and marketing tactics.
You’re also going to have to find ways to retain your existing audience while simultaneously growing your audience and followers.
After you’ve reached a certain point, you might consider social media marketing to attract more followers to go and click on your affiliate link.
As an affiliate marketer, you’ll have to evolve and revamp yourself constantly. Learn from others in your niche. Use analytics and tools to identify how you can make more sales.
To become a successful affiliate marketer, you’re also going to need to take care of your online visitors. Having a free live chat app for websites will be a cherry on the top for your business.
Grammarly is a tool that everyone should be using to improve their written content. And the best part is that there is a Grammarly affiliate program that you can take advantage of.
Affiliate marketing is not a get rich quick scheme. The affiliate marketing images that come to an ordinary person’s mind are not entirely accurate. It is going to take hard work and a deep understanding of sales and marketing if you want to make a substantial amount of money.
Using some of the tools mentioned in this article will make your life a whole lot easier. You obviously don’t need to overwhelm yourself and start using all of these tools at once.
Take your time and get used to a tool before adopting a new one. As an affiliate marketer, you should be an expert at using the tools that make your job easier. Learning a new tool might take some time getting used to, but the payoff will be pretty great.