It may seem that earning money while you sleep is a farfetched idea, but it's not. There is a way to earn passive income, and it's called subscription affiliate programs. These are your ticket to growing your finances without breaking a sweat. Here's what you need to know:
What is a Subscription Affiliate Program
Affiliate marketing programs let you earn one-time commissions by promoting products or services. It means you get a percentage for every customer you refer to a business. Subscription affiliate programs allow you to earn commissions on a recurring basis.
When you refer a customer, you'll earn from that sale AND every time that customer renews their subscription. This allows for a steady stream of passive income promoting subscriptions such as streaming services, software with monthly fees, and many others.
Top Subscription Affiliate Program You Must Join
Here is a list of top subscription affiliate programs you must check out now:
SEM Rush
A premium SEO and digital marketing toolkit, SEM Rush is popular among many businesses and individuals. It offers keyword research, site auditing, rack tracking, and many other features. It already has a built-in audience, a proven track record, and a consistent need, making it a lucrative affiliate program.
SEM Rush will give you a 40% recurring commission on all new customer subscriptions you'll refer. And as long as they pay their monthly fees, ranging from $119 to $449 per month, you'll earn a substantial income.
Cratejoy
If you're looking for a wide variety of products to promote, Cratejoy's affiliate program is the one you need. It has books, games, snacks, beauty products, and many other items. This lets you find subscription boxes relevant to your audience's interests, giving you a higher chance of conversions.
Cratejoy affiliates earn up to 40% recurring commissions on all subscription fees. The program will provide you with an array of marketing materials, such as banners, pre-written content and images, and more. This makes marketing the brand easier, allowing for better sales.
Snip.ly
A valuable tool for subscription affiliates, Snip.ly helps you drive more referrals to earn you recurring commissions. With it, you can create custom call-to-action links to add to your online content. This makes it easier for you to monetize your articles, web pages, or videos.
Snip.ly offers a 25% recurring commission on any of its pro membership you refer. The pro plan pricing starts at $19 per month, which means you can build your passive income just by having people click your affiliate link.
Podia
A popular platform that lets content creators sell online courses, digital downloads, webinars, and more, Podia's affiliate program is worth checking out. As an affiliate, you'll earn a 30% recurring commission on all payments from the users you refer for their paid plans.
Podia's pricing ranges between $39 and $179 per month, which means your income can increase over time as your referrals compound. One unique perk from this affiliate program is that you can earn for your referrals' entire lifetime as a customer. This contrasts with some that only let you earn in their first year or two.
Elegant Themes
Thanks to its well-regarded and popular flagship WordPress theme, Divi, Elegant Themes is a compelling subscription affiliate program. It already has a built-in audience that makes generating sales quick and easy. It offers a 50% recurring commission on memberships, which can be a good source of passive income as long as the member stays subscribed.
Elegant Themes has a 30-day cookie duration. This means you'll get credit for a sale even if someone clicks on your affiliate link and buys Divi a month later.
Birchbox
An online monthly subscription service based in New York, Birchbox sends its subscribers a curated box of four to five beauty product samples. This includes skincare, makeup, fragrance, and haircare, among many other beauty-related products. All these, plus a commission rate of around 4% to 12% are enough to make you want to get in with the program.
Birchbox provides its affiliates with a wide array of marketing materials to help them promote the brand. This includes banners, social media content, and discount codes. Furthermore, its price point is affordable, which can be a good incentive for more people to sign up through your link.
Beer Drop
If you and your audience are into craft beers, Beer Drop is an excellent subscription affiliate program to join. The company has a wide selection of more than 1,500 beer types, with new ones added each year. Promoting its beer subscription services earns you a base commission rate of 10% on all sales generated through your unique affiliate link.
Beer Drop has a 90-day cookie window, one of the longer ones you can find online. It also provides affiliates with marketing materials such as text links, banners, and many other promotional offers that are regularly updated.
Freshbooks
As you can find on its website, Freshbooks lets you spread the word about them and get paid for it. This accounting software company will pay you up to $10 per free trial signup. You'll get up to $200 for each paid subscriber you refer. It has a long cookie duration of 120 days or four months.
Freshbooks will provide you with marketing materials to help you promote their products. This includes banners, text links, videos, infographics, and pre-written marketing copy. You'll also receive bonus commissions and perks if you're one of their top-performing affiliates.
The Six Figure Mentors
A training and mentoring platform, The Six Figure Mentors has an affiliate program that lets you earn between $20 and $200 for each referral. Aside from this, you can also earn a recurring $20 per month for as long as your referred customers maintain their subscriptions.
If you or your audience is interested in learning more about online entrepreneurship, this subscription affiliate program is an excellent option. It offers a tiered commission rate, which means you can earn as much as possible, depending on the product or service your referral buys through your link.