I wanted to write a post explaining how this works, because when you Google “passive income” you are going to find “affiliate programs” at the top of the list. You can click here to read my thoughts on affiliate programs in general.
I’ve disclosed in past posts that I have applied for Amazon Affiliate status. Well, a personal thank you to Jeff Bezos, because I have been approved and accepted! In fact, the email he sent me said the following:
Ethan, Welcome to the Amazon Affiliate Jungle. We’ve got fun and games.
I am joking…Jeff did not email me. He’s a busy man. Honestly though, applying for the program was not difficult…you just go to the Amazon Affiliate website and fill out the forms. Once you apply and are accepted, you can begin to create links to certain products (basically anything on Amazon).
Your commission as an Amazon Affiliate varies on the product, and quite frankly, can change at any time. The table from the website shows the following (as of 8/12/2020, after work hours…):
Amazon also offers “promo codes” for certain products that influencers can share, and they have something called the “Bounty” program (which makes me feel like The Mandalorian…). Anyways, the Bounty program works by an influencer convincing their audience to try out Amazon goods or services (like Prime Video, Audible…things like that).
So, does it cost you the customer (myself included, as a fellow Amazon Customer) any extra if our favorite content creators are an Amazon Affiliate and we follow their links? The answer is “It Depends“.
- You (or I ) do not have to pay extra if we follow a content creator’s link to a product and buy that product. Amazon takes the content creator’s “cut” from the seller’s profit, not from the customer.
- In fact, this is a great way to support content creators by following their links and buying the product, because it is free to you and it gives them some profit.
- However, sometimes it is cheaper to get a product somewhere else other than Amazon (blasphemy, I know). So, or the sake of your wallet, it is still smart to shop around other places make sure you are getting something for the best price.
So, devoted reader, here are a few key takeaways:
- Understand that when you click on a content creator’s link, they are most likely an affiliate, and purchasing that product will actually support your content creator.
- Understand that you still need to do your research to make sure you are getting the best deal on what you are buying.