- Some Awesome Affiliate Marketing Statistics
- What Should You Look For Before Picking Affiliate Marketing Software?
- Type Of Affiliate Marketing Software
- Self-Hosted Affiliate Software
- WordPress Plugins
- Affiliate Networks
- PHP Scripts
The affiliate marketing software is used to outsource other websites for advertising the products to be marketed. The number of people the affiliate marketing software can reach out to determines the rate of commissions.
The number of potential buyers who check the merchant website using the affiliate website also helps decide the commission. You can promote your products and maintain a steady customer base using affiliate management software.
It is equally necessary to be aware of your performance and attain reviews and feedback along with suggestions about your products and services, to strategize accordingly. The affiliate tracking software caters to these needs and documents all reviews for your consideration.
Furthermore, the analysis reports help you in understanding the changes in approach to be made. These make your affiliate marketing endeavors manageable, and the task becomes systematic using such software of affiliate marketing management.
Some Awesome Affiliate Marketing Statistics
Affiliate marketing includes around 15% of the revenue of the total digital media advertising. While the affiliate programs comprise 15-30% of the sales of all advertisers, around half of the affiliated traffic is generated from mobile devices.
Globally the estimated amount of affiliate marketing spending is around $12 billion.
Almost 79% of the total affiliate marketers possess the goal of increasing purchases and driving conversions. With the pace at which affiliate marketing is witnessing its growth globally, it is expected to grow by 10% within a few years.
As a result, the global value of affiliate marketing is expected to rise fast. The affiliate marketing market share of the US market accounts for around $4.5 billion, and it comprises 39% of the global affiliate market. The UK market accounts for 15%, while the market of Germany comprises 11% of the global affiliate marketing market.
What Should You Look For Before Picking Affiliate Marketing Software?
Before picking an affiliate program, you must consider the following points.
Firstly, the review of the customers should be checked. There are several peer-to-peer review sites from where you can learn about the pros and cons of the software from the experience of other affiliate marketers.
Secondly, the number of features in the software is another determining factor for selecting the software. Finally, the utility of the software decides its worth. The software that helps in better analysis of your performance and can help you generate revenue should be prioritized.
The software should help manage social media, scheduling posts, help in managing the paid partnerships, etc. It is best to write down the pros and cons of all software and decide after calculating the best features.
Thirdly, the software must integrate with the tools you are currently using for affiliate marketing. Otherwise, installing software that disrupts the set structure of the other apps and functions might negatively affect your business. Thus, the marketing or communication tools should be such that they can easily integrate with the used software.
Fourthly, you have to consider the price and affordability of the tools as well. It is a good investment for your business. Again, the tools that offer the best customer support must be selected based on the accessibility of the product and its stability and reliability.
Type Of Affiliate Marketing Software
There are three types of affiliate marketing software available in the market:
- Self-hosted affiliate software
- WordPress plugins to start affiliate programs.
- Affiliate networks
Self-Hosted Affiliate Software
It refers to the software that you buy and install on your server. These can integrate with payment solution providers and allow choosing the payment options.
Using these, you can create various affiliate levels. If you select self-hosted affiliate software, you can better control your business and customize it according to your requirements.
iDevAffiliate is an Affiliate Management Software that helps to manage the commissions and the payout format. It is cross-platform software with several features like payout structures, marketing templates, shopping carts, reports for analyzing performance.
The stability of the software makes it the top choice for affiliate marketing. It is easy to use and allows integration with the current tools, and you can customize these as per your necessity.
Using this software, you can stress affiliate management and tracking, email marketing, newsletter management, Multi-Level Marketing, etc. The price range can be selected based on your business requirements.
If you are running a medium-sized business or a home-based business, this software is the best one for you. It allows you to fix various commission rates for various products. Again, the lead tracking software helps you track leads, and you can set up affiliate support of different levels.
In addition, you can keep track of the billing and commissions based on the changes in each transaction. Again, the software helps you to allot bonuses to the top-performing affiliates. It also allows promoting multiple sites.
Using this tool, you can also delay the process of paying commissions and approve the commissions manually.
The Jrox affiliate management software can be used on personal servers but not on the cloud. It allows you to set up the commission structures for paying the affiliates for the particular sales action, and various rates can be set for various products.
Using it, you can also set varied commission levels for the affiliates. The software can create groups to add the affiliates and create tiers for enabling the affiliates to use network marketing. It is mobile optimized and has various payment options.
The software is best for analyzing the progress based on the detailed report generated by it. It provides statistics on sales and commissions and the clicks made on the links.
One of the most significant affiliate management software that is renowned globally and is the perfect choice for online stores and eCommerce websites is Post Affiliate Pro. It helps track the affiliate networks used by multiple global companies, which helps create and manage the various affiliate programs.
You can track and monitor your business seamlessly using this software and provide the personalized structure of the commission and monitor the payouts.
You can use it for banner management, tracking affiliates, commission management, email marketing, multi-level marketing, detecting fraud, social sharing, etc. It is user-friendly and is easy to handle.
It is ideal for SaaS products and companies. The previous name of this tool was GrowSumo. It is much like the platforms like ShareASale and Clickbank. Apart from the SaaS companies, startups also use it.
This is largely growing because of its features. It helps in integrating the existing applications and can make your program compliant globally. It is easy to maintain and affordable as well.
The centralized dashboard helps you to control all functions from a single platform. You can manage your assets, invoices, and emails using this tool. The CRM features help in eCommerce and retail businesses.
This affiliate marketing software helps the businesses and the content creators attain a better understanding of their performance, which helps in their growth. It has a wide range of features that help track and optimize the program, monitor social sharing, and link clicks.
You can also perform fraud detection and asset management. The best part is that it can be customized according to the user's needs and can be remotely used as it is cloud-based.
Coupon management, commission management, and multi-level marketing are other tasks that can be performed using this software.
WordPress plugins are also used for affiliate marketing. These are pretty easy to use, and you can set up and monitor the performance of the affiliate links. Moreover, the WordPress plugins are pretty flexible and can be customized. Some of the most popular software options are:
#7 Affiliate WP
Affiliate WP is easy to use and helps you in affiliate link management. It performs the best when these are used with the affiliate coupon plugins for WordPress. It also comes with many add-ons features, and you can select them as per your requirements. It can easily integrate with other tools like WP Forms or other plugins.
It immensely helps affiliate management, and you can approve the requests of affiliate registration both automatically and manually. It allows people to check into the affiliate area directly and saves time. It provides informative reports that help to analyze the performance. It gives real-time data and graphs.
This affiliate marketing software works perfectly when combined with other similar plugins like Pretty links and MemberPress. It has easy-to-remember links that are and short referral programs. It is user-friendly and is suitable for beginners. The dashboard is easy to handle. You can track outbound links easily.
It also saves time with its instant setup, where you can install the plugin and attain a proper program for the WordPress website. You can also track your performance using the graphs and charts provided by the plugin. The sales and payments can be handled easily as well.
It is perfect for beginners, and you can make money using the referrals on the WordPress site. It is easy to use and is user-friendly.
You can easily manage and track the affiliate partners from your WordPress site, and you can conduct payment as well. The affiliate portal of this software lets people sign up to attain more information about your products and services.
You can acquire real-time data and track the sales updates from your account.
If you are looking for an affiliate management plugin with an excellent premium feature, you must opt for this one. It is affordable and does not bother about recurring costs. It can get integrated easily with other tools.
You can use it with BuddyPress, PayPal, WooCommerce, etc. It supports online documentation of all performances and video tutorials. If your currency is not available, you can add custom currency.
#11 Affiliate Magic
It is part of Clickbank, and it advertises the affiliate marketing app at $27. It is used to promote the Clickbank products. It is replete with new and updated features, and it also helps you create catalogs for the Clickbank marketplace.
The catalogs are not more than sixty seconds. It includes around 89 niches. It is easy to use. You can use the HTML code generated by the app and paste it on your social media pages and blogs to connect the catalog within a minute.
YITH WooCommerce Affiliates is considered to be the best plugin for affiliate marketing. It is the top-performing free e-commerce plugin. It is a WordPress affiliate software that allows shop owners to create affiliate profiles. You can also customize the commissions using this plugin.
Here the affiliates have their dashboard for checking their progress. It also helps to calculate the refunds and commissions. It comes with adjustable cookies.
It can use the cookies, store the refer ids, and alter the length of customizable storage time. It is available free of cost.
Affiliate network selection is crucial for the new affiliate marketers or the ones trying new niches. If you choose the right affiliate network to promote your products and services, you can find the right offers.
It also allows you to organize the database and also helps you to participate in other affiliate programs using a single registration. Some of the common affiliate networks are:
It is one of the largest affiliate networks, replete with around 3900 merchant programs on its platform. There are over 1.2M registered publishers on this platform. It was acquired by Awign in 2017.
It promotes affiliate marketing, and you can earn a considerable amount through sales. It is used by merchants and agencies. It has the reputation of being fair and honest in its business approaches, and it is popular globally.
#14 Impact Radius
It is a digital marketing company that offers an entire suite of digital marketing products. It was founded in 2008, and it provides the direct platform for establishing communication between the media partner and the advertiser.
It uses loyalty programs and blog affiliates. It evolves into a platform of SaaS technology. It comes with fraud detection abilities and is extremely efficient in the management of the companies of the clients.
It is an affiliate program for SaaS companies. It is useful in launching the affiliate business, using referrals, and boosting the growth of the business. It authenticates the requests and helps in tracking sales and generating commissions.
In addition, it is useful for managing email marketing. It is built for subscriptions, and you can seamlessly ensure the upgrades, changes, cancellations, and refunds.
LinkMink helps in affiliate tracking of the SaaS companies that use Stripe. It was founded in 2018. It is not available in the free version. Its primary features include Affiliate Management and Commissions Management.
It is globally active in eleven countries, works with more than 1600 brands, and has numerous active advertisers. It is growing at a fast pace. The dashboard is user-friendly, and its tools aim to boost the campaigns of affiliate marketing.
It is mainly used for niches like sports, retails, finance, travel products, etc. It stresses both physical and digital products.
Only after getting the approval from the network, the price information is given. The advertiser sets the cookie duration in this network. The minimum payout of this network is $20.
#18 CJ Affiliate
It is one of the largest online platforms that specialize in pay-per-performance programs. It is easy to search and find new offers. It operates globally and manages the programs of the top global retailers. It is a premium partner and powerful tool for reporting and for managing the timely distribution of payments.
It helps you to manage the channel and collect payments. It is a platform for e-commerce platforms, and it helps in boosting sales. There are several payment options here PayPal, wire transfer, cheque transfer, etc.
It allows paying commissions on the due date. Here the user can create his link, and it helps the user guide the visitors to the checkout page.
You can also create coupons and coupon codes and improve your follower base. The detailed reports help in better analyzing performance.
Hotscripts allow placing products according to their categories. It lets you put the reviews in the form of blogs. The admins can also place the advertisements on the website and collect money through ads.
The payment gateways allowed by Hotscripts are Stripe, PayPal, etc. The website owner can also place essential links. There is a provision of a feedback form that helps in lead generation.
In the footer section, the website owner can place various useful links. Also, there is an easy-to-use feedback form through which your visitors can place their feedback with ease. This feedback form will work as a lead generation form for you.
The PHP Software is efficient in serving the needs of affiliate marketing.
Which software is best for affiliate marketing?
Out of all the discussed options, iDevAffiliate is the Affiliate Management Software that is the best option for affiliate marketing and can help in improving performance through regular analysis. In addition, its stability and multiple features further enhance its utilities.
What is the best Affiliate Marketing Network good for beginners?
If you are just beginning, you should go with something which is ready-made and doesn't need any sort of technical help. For beginners, CJ affiliate, Impact Radius, ShareaSale are good to go. They are ready to use platforms for affiliate marketing.
Which is best among Affiliate Software or WordPress Plugins?
WordPress based Affiliate softwares is good for those who are just entering into the Affiliate market and want to try free services. Moreover, WordPress Plugins are easy to setup. On the other hand, if you want to launch an affiliate program at enterprise level, dedicated Affiliate Softwares are what you need.