You might have saw the news earlier this week that Amazon is making major changes to their affiliate program.
At a time when they’re making more money than ever, they’ve decided to change their commission structure from 3-8% per sale, to a measly 1-3%.
This is HUGE.
I know so many bloggers who make the bulk of their income from the Amazon affiliate program, and starting on April 21st, their revenue will be cut my 50%+ OVER NIGHT.
My friend Matt is predicting he will lose $176,929 because of this one *little* change Amazon made.
It’s especially frustrating when as a small business owner, you put your faith in a company like Amazon and assume, that if you help them grow, they’ll do the same for you.
Obviously it didn’t turn out this way.
The good news, is that you have options. And in this video I share 5 things that I’m thinking about, now that the Amazon Affiliate Program isn’t nearly the good option for monetization that it once was.
Drop a comment and let me know what you think.
Other Affiliate Marketing Posts to Check Out
- How to Start Affiliate Marketing (for Total Beginners) – If you’re looking for an in depth overview for starting with affiliate marketing? Check out this post.
- What is Affiliate Marketing – Have no clue what any of this means? Check out this.
- 5 Affiliate Marketing Mistakes to Avoid – Don’t do these things, and you’ll be much happier, more successful, and less stressed.
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Do you think these numbers will change once the Covid19 self quarantine has ended? Sounds like they changed them to cut down on overhead (which is BS but OK). Got to make those stockholders happy…. screw your salesmen though. I’m in the process of building my site and was excited about affiliate program then…. this!
There are other solutions, that the payout is awesome, different niches, but at the end of the day, what is matters is to have traffic on your website.
The issue is that some of the best solutions are not available to US consumers.