Amazon's Influencer VS Affiliate Program: Your Path to Passive Income
I get it, the influencer life can be a rollercoaster ride of highs and lows, both creatively and financially. But what if I told you there's a way to stabilize your income stream while doing what you love? Enter the Amazon Influencer program, your key to unlocking a steady passive income.
You might be thinking, "Wait a minute, isn't there already an Amazon Affiliates Program?" Well, you're right, but the Influencer Program is like its more sophisticated sibling.
Amazon Affiliate vs. Amazon Influencer Program
The Amazon Affiliate Program: This program is open to almost anyone who wants to promote Amazon products. There are a few checks in place, but it's relatively accessible.
The Amazon Influencer Program: This one is a bit more exclusive. To qualify, you need a substantial social media following, be it on YouTube, Facebook, Instagram, or Snapchat (Twitter was once included but not anymore). While Amazon doesn't specify the exact number of followers required, a ballpark figure is around 20,000. They also scrutinize your engagement rates and other metrics, and if you meet the criteria, you're on your way to becoming an Amazon Influencer. The process might take a few days, but don't be discouraged - they're open to micro and nano influencers with strong engagement too.
Why Should You Join the Amazon Influencer Program?
As an Amazon influencer, you get to build your very own Amazon storefront. What's that, you ask? It's a virtual shop where you can list multiple products. When someone buys a product through your store, you earn a commission. More products sold means more cash in your pocket.
How Much Can You Earn with the Amazon Influencer Program?
The commission rate varies depending on the product, ranging from as low as 1% to as high as 10%. Amazon's own brand products typically offer higher commissions. They also have a handy guide that breaks down the commission rates for different categories.
What to Do After Becoming an Amazon Influencer?
Once your virtual shop is set up, simply provide your banking details, and you're good to go. Now, it's time to share your Amazon storefront link on your social media accounts and promote it to your community. When a follower clicks the link and makes a purchase, you earn a commission. Once you hit the minimum payout threshold, you can withdraw your earnings through direct bank deposits or Amazon coupons.
Tips to Maximize Your Earnings
The golden rule is to add products to your Amazon shop that you genuinely use or plan to use. Authenticity is key in the influencer world.
To promote your Amazon store passively, add your custom link to your blog and social media bios. Use the "Shop Now" option on Facebook if you have a following there. For a more active approach, engage in niche groups and communities where you have trust. Consistently create content around the products in your storefront, explaining why you recommend them.
Lastly, track your sales with the weekly reports provided by Amazon. Use this data to adjust your storefront, prioritize items, and watch your passive income grow with the Amazon Influencer Program.
In conclusion, the Amazon Influencer Program offers a brilliant opportunity to turn your passion into a sustainable source of income. So, don't let the unpredictability of the influencer world hold you back. Embrace the Amazon Influencer Program and start building your financial stability, one commission at a time.