Why Promote Retail Stores, Online Stores, And Multi-Brand Retailers?
Affiliate marketing is a proven tactic used by more than 81% of the top brands and 84% of all the online publishers. Top retailers from across disparate industry segments use this tactic for promoting their own products or products of other brands to drive sales and growth.
Brands prefer affiliate marketing over many other tactics as the average order value in sales driven by affiliate marketers is at least 21% higher than sales generated through other channels, and the annual revenue can be increased by about 58% with the help of retail affiliate marketing.
In a well-connected digital world, affiliate marketing can be an excellent way to start your own web business as you can grow and evolve with every referred sale, both as a business and as an affiliate partner. Every referral is a win for you, and if you can build a loyal fanbase, it’s even better.
If you are looking to earn trust from digital shoppers, you may want to become a Walmart affiliate or become an Amazon Preferred Associate. However, if you are looking to earn above-market commissions, you can join affiliate programs of smaller and direct-to-consumer brands as these single-brand retailers often offer competitive commissions.