Last updated on September 2nd, 2015 at 09:01 am
Affiliate marketing is one of the coolest ways to make money online in Nigeria. Only few things could be more fulfilling than getting paid to promote and sell other people’s products.
Before now, affiliate marketing in Nigeria was hard because many barriers stood between Nigerians and most affiliate networks. These include:
- Outright omission of Nigeria from the list of accepted countries for most programs, and
- Adoption, by most programs, of payment methods that were inaccessible to Nigerians.
But now, all that is history. With services like Payoneer to the rescue, Nigerians can now receive their earnings easily from most affiliate programs. And that explains why many Nigerian online marketers are now making huge profits monthly from this online business model.
One common challenge Nigerians face when starting out with affiliate marketing is the inability to figure good affiliate programs.
In this post, I’ll reveal the best affiliate programs that are Nigerian-friendly. So, if you’re looking to hop on the bandwagon of affiliate marketing, read on to discover the best networks to join.
A. Foreign affiliate networks
If you run a blog targeted at a foreign or global audience, then it goes without saying that you should promote affiliate programs that serve your audience.
Here are the best foreign affiliate programs you can promote as a Nigerian:
Amazon affiliate program
Amazon has been around for a very long time. And many affiliate marketers have cashed in on the company’s long-established reputation to make huge fortunes from its affiliate program.
Aside that Amazon is a global brand that nobody would hesitate to buy from, the company sells almost every product under the sun. So, no matter what your niche is, you’ll always find suitable products to promote on Amazon.
On most products, the Amazon affiliate program pays 4% per sale. That sounds meager, but it would make more sense when you sell products that cost $100 and more. In fact, there are many products on Amazon that sell for thousands of dollars. If you can successfully promote such big money products, you’ll make a killing every month.
Amazon pays via check or direct deposit into a U.S. checking account (which you can get through Payoneer).
One downside to Amazon, however, is that they pay your commissions three months after you’ve earned them. That is, your commissions for January would be paid in April — provided they sum up to the minimum required for payout ($10 for direct deposit and $100 for check).
Markethealth is another popular affiliate program that offers attractive commissions to marketers.
However, unlike the Amazon affiliate program, Markethealth offers only natural health products. So, to promote products for Markethealth, you need to be familiar with some health topics and comfortable with writing about them.
Markethealth offers a whopping 50% commission per sale on virtually all their products, most of which are selling like wild. So, you earn anywhere between $10 and $100 per sale. The company pays by direct deposit to your Payoneer card every two weeks (twice a month), and the minimum payout is just $20.
Commission junction (CJ) is another popular name among pro affiliate marketers. It’s a large affiliate network comprising hundreds of programs by different companies. In addition to several different products, Commission Junction also allows you to promote services such as insurance, healthcare, travel and tourism, and many others.
How much you’ll earn as commission on CJ depends on the product or service you promote. Some products and services offer as low as 3% commission, while others offer as high as 40% commission.
CJ pays its affiliates via check as well as direct deposit into a U.S. checking account. And payment is made once every month. Minimum payout amount is $50 for direct deposit and $100 for check.
ShareASale is another large affiliate network that operates just like CJ. There is a wide range of products and services available for you to promote as an affiliate. And as with CJ, your commission depends on what product or service you promote.
ShareASale pays via check and direct deposit (into U.S. checking account) on the 20th of every month. Minimum payment amount is $50, but you can adjust this to any amount you like.
B. Nigerian affiliate programs (affiliate programs in Nigeria)
Unlike what obtained in the past, some Nigerians companies now run affiliate programs that pay attractive commissions. If you’re targeting a Nigerian audience with your blog, you may want to focus on these programs instead of the foreign ones.
Jumia affiliate program
As you already know, Jumia Nigeria is a large online retailer of a wide range of products that cater to Nigerians. But more interestingly, Jumia runs an affiliate program that pays you as much as 11% commission on each sale you make.
From wears and fashion accessories to smartphones and electronics, there are many products you can promote as an affiliate marketer for Jumia. The program pays on a monthly basis directly into your local bank account.
Konga affiliate program
Konga is Nigeria’s second largest online retailer of general merchandise. The company also runs an affiliate program that pays you up to 9% commission on every completed sale. Your total earnings would be reviewed at the end of each month and paid directly into your bank account.
DealDey affiliate program
DealDey is Nigeria’s first daily deal website. The website features amazing offers on products across several categories. In addition, they allow people like you to make money by promoting their deals as an affiliate marketer.
For each successfully completed sale you make for DealDey, you get a N500 commission plus an additional amount based on the percentage accrued to the category to which the product you sold belongs.
By default, you get a 5% commission bonus. Fashion accessories will fetch you 10% commission bonus, Home accessories and carry go products will fetch you 5%, and gadgets will fetch you 3%.
You can either receive your earnings directly into your bank account or use them to order for amazing product deals from the website.
Kaymu affiliate program
Kaymu is an online marketplace that allows third-party retailers to sell their products by serving as a platform for them. The company itself handles the receipt of orders as well as payment issues, while retailers handle delivery themselves.
Kaymu has an affiliate program that pays you 5% commission on every sale you make. This percentage is fixed for all product categories. Payment is made directly to your bank account.
You just learned about the various affiliate programs available to you — both on the local and foreign fronts. So, if affiliate marketing seems alluring to you, register with these programs and start making money!
If you want to learn how to get started with affiliate marketing, this post will help: Affiliate Marketing: How a Single Blog Post Fetched Me N60,000.
One more thing: would you like to start earning at least N20,000 per month from affiliate marketing? Then click here to get the information you need!
Now, your turn
Do you know of any other affiliate marketing program that works for Nigerians? Or do you have any questions related to the programs mentioned above or about affiliate marketing in general? Share your thoughts by leaving a comment. I’ll reply.
One more thing: Please share this post on Facebook, Twitter, and other social networks you use. I’ll greatly appreciate it.