Do you want to establish an affiliate marketing business in Malaysia but aren’t sure where to begin? This is the tutorial for you! We will go through the fundamentals of affiliate marketing, including what it is and how it works, how to get started, and how to choose a program.
So, whether you’re a total novice or an experienced marketer seeking new chances, keep reading for all the information you need to get started in this profitable sector!
What exactly is affiliate marketing?
Affiliate marketing is one of the first forms of digital marketing in which you refer someone to a company website and receive a fee if that person purchases a product or service based on your suggestion. You’ve probably heard of Amazon. Amazon is the largest affiliate marketing network in the United States.
Affiliate marketing is a method of earning money by earning commissions when you promote a product or brand and generate a sale from it. It’s one of the many effective techniques for publishers and SEO specialists with the right talents to generate money online. When done effectively, you can generate traffic without worrying about inventory.
If you want to understand how to get passive money with affiliate marketing, keep reading! In this post, we will explain all you need to know about affiliate marketing in Malaysia, how it works, and the critical principles in affiliate marketing – as well as our 15 top affiliate programs to help you choose the finest Malaysia affiliate program for your online company!
This sort of marketing is recruiting individuals to promote your goods and rewarding them on a commission basis for their efforts—this is a successful method that businesses use to increase sales. It is frequently used in conjunction with other marketing outreach tactics.
Affiliate marketing often entails a collaboration between a company and an affiliate to assist promote the sale of their goods, with the store agreeing to pay the affiliate marketer a fee for each sale they drive. In the case of internet enterprises, the affiliate creates a unique link to measure traffic directed to the site. The affiliate receives a portion of the revenue generated by those links.
In A Nutshell, How Does Affiliate Marketing Work?
Affiliate marketing is simple at its heart, and here it is in six easy steps:
1. The affiliate and the company establish contact either through a third party (an affiliate network) or directly.
2. An Affiliate promotes the product and service to their preferred network (typically a link or a coupon)
3. A potential consumer clicks on the link.
4. The customer arrives at the company’s landing page.
5. The consumer purchases something.
6. The company makes the sales, and the affiliate marketer earns a commission.
The Advantages of Affiliate Marketing for Your Business
Affiliate marketing spending in the United States alone is predicted to reach $8.2 billion by 2022, according to Statistics. Here are the benefits you can gain from affiliate marketing.
10 Benefits of Affiliate Marketing
1. Low startup costs
An affiliate program does not necessitate the creation of ad graphics or the purchase of ad space.
Instead, you’ll have to rely on your affiliates to provide marketing material for you. Other than the initial work of picking and verifying affiliates, promoting your items requires little effort from you, which is one of the reasons it’s become such a popular technique of marketing.
Once a corporation is comfortable dealing with an affiliate and has established a strong connection, it may mostly delegate the promotion of your service or product to them.
2. Affiliate marketing is a pay-per-performance model.
Affiliates are more driven to drive the conversion you seek since they are only paid a commission once the desired action has occurred.
The biggest benefit of having an affiliate program is that it is totally dependent on performance. Affiliates are more driven to drive the conversion you seek since they are only paid a commission once the desired action has occurred. This reduces any efforts that drive traffic that adds little to no value to your business while also guaranteeing that you receive what you pay for.
3. Low risk
Low risk implies a low cost. Payments are only paid when there is a real conversion, so there is little chance of loss; ideal for firms on a limited budget.
4. Optimized Traffic
Because you handpick your affiliates, you can assure that the traffic that gets to your site is from people who find your product or service valuable. This is because affiliates who resonate with your brand will very certainly have others in their sphere of influence who will find your brand valuable.
5. Flexibility
You may quickly scale up or down your affiliate program at little or no expense. It also provides an excellent opportunity to grow your business without breaking the bank.
6. High Return on Investment
Having the keys to product innovation and good management abilities is not enough to ensure a high ROI; you must also get your marketing correct.
Affiliate marketing has been shown to outperform the bulk of marketing tactics in terms of return on investment. In short, you’re directing your marketing efforts through an affiliate who has direct access to and influence over a highly focused audience that is interested in what you’re offering.
7. Affiliate marketing is focused on results.
Affiliates are more driven to drive the conversion you seek since they are only paid a commission once the action has occurred.
The biggest benefit of having an affiliate program is that it is totally dependent on performance. Affiliates are more driven to drive the conversion you seek since they are only paid a commission once the action has occurred. This reduces any initiatives that drive traffic that adds little to no value to your business while also guaranteeing that you receive what you pay for.
8. It helps to widen your audience.
Affiliates may be found in almost every industry and product area today. There will always be appropriate websites to associate with, whether you’re wanting to enter into the retail market or something more esoteric like handcrafted vintage toys. The good news is that many of these affiliates will already have a large number of visitors.
These collaborations allow you to grow into new areas that you would not have had the bandwidth to investigate otherwise, or to further flood your current target markets, giving your brand a far greater online presence. Consider these partners to be an extension of your existing marketing or sales staff.
9. Easily Earn Money Through Commissions
The nicest part about being an affiliate marketer is that you can earn money through commissions while you sleep. Depending on your performance, the greater your commission will be, the more reach you acquired. As a result, individuals with a large following might take advantage of this possibility to succeed in affiliate marketing in Malaysia. It is, in fact, the ideal vocation.
10. Easy and convenient
Affiliate marketing is now more accessible than ever before, thanks to the abundance of affiliate programs available. Aside from that, the user experience of most websites that help to connect affiliate marketers and businesses is quite welcoming and safe.
How Much Money Can You Make in Malaysia Using an Affiliate Marketing Platform?
You may expect to earn between RM1,000 and RM50,000 each month with affiliate marketing in Malaysia. However, the amount you make as an affiliate marketer is linked to the platform you choose to contact individuals and how your communications are delivered to them. Furthermore, the affiliate program that you join will a factor in your revenue.
You might think about affiliate marketing in Malaysia as a side hustle where you try to make some additional money, or as a full-time career. It all depends on your ability to promote items to your target audience.
15 Best Affiliate Marketing Programs To Get Started With In 2022
Now that you understand how affiliate marketing works, you’re probably asking which affiliate programs are accessible in Malaysia. Which is the most effective? To respond to your inquiry, we have produced a list of the top 15 affiliate marketing programs in Malaysia.
1. Shopee Affiliate Program
Shopee, one of Malaysia’s most popular mobile marketplaces, is also one of the country’s top affiliate marketing programs, offering vendors and shoppers a safe and secure buying experience. It sells everything from apparel to technology to food and drinks.
The mobile app may be readily downloaded from the Google Play Store or the App Store. Arts, housekeeping, baby things, toys, technology, tech accessories, fashion, hobbies, sports and outdoor, digital goods, and movie tickets are all available.
Commission Rate: Commission rates range from 5% to 9.10%, depending on the product categories and whether the affiliate refers to a new or current consumer.
2. LAZADA Affiliate Program
Lazada is an international e-commerce site that provides a fast and efficient online shopping experience to vendors and shoppers from Southeast Asian nations such as Malaysia, Indonesia, Singapore, the Philippines, and Thailand.
Malaysia’s large online marketplace, together with international firms, presently serves more than 560 million people, and it is expanding to other SEA regions as well! We believe that Lazada is the finest platform for starting a successful e-commerce business in Malaysia, coming in second only to Shopee. Electronics, Baby products, Health and beauty, Household, IT accessories, and animal feeds are available.
The commission rate ranges from 2.5 to 14 percent.
3. ZALORA Affiliate Program
The Zalora affiliate program is quite popular among Malaysian bloggers and influencers. As a Malaysian fashion marketplace, the business offers over 50,000 goods ranging from apparel to handbags and accessories. Various local and international fashion brands are available.
Commission Rate: 6% for new customers and 4% for returning customers on each sale.
4. WATSONS Affiliate Program
Watsons is Asia’s premier health and beauty shop, with locations in Malaysia, Hong Kong, Singapore, China, Vietnam, and other Asian nations. It is also accessible in a few places in Europe and the Middle East.
Items/Services Offered: A wide range of different brands of health and beauty products are available.
2.10 percent commission rate (cost per sale basis)
5. ALIBABA Affiliate Program
Alibaba’s affiliate program debuted in 1999. It grew to become the world’s largest global trade marketplace and a supplier of internet marketing services for importers and exporters. On their platform, they provide approximately 360 million items.
Overview of the Alibaba affiliate program
Consumer electronics, machinery, clothes, home & garden, autos & motorbikes, beauty care, health & medical, real estate, and other items are available.
6% commission for new clients, 4% commission for returning customers
6. Airbnb Affiliate
Airbnb Associates is a program that lets marketers to earn money by advertising vacations and vacation stays on Airbnb listings. If you have a talent for creating travel material, this should be your primary emphasis.
Airbnb lodgings are available all around the world.
Commission Rate: For the first 500 reservations made in a month, you’ll receive 25% of the Airbnb charge and 30% for bookings that surpass 500. A booking booked through your website or marketing channel, on the other hand, will allow you to earn 25% of the Airbnb host fee.
7. Microsoft Affiliate Program
Microsoft, as a significant technology business, has its own affiliate program, which is believed to be one of the finest in Malaysia. Microsoft targets nearly all market segments — people, teams, and enterprises — as long as they are interested in technology and the Internet.
Commissions Rate: 5% to 20% commission on each sale
Microsoft offers a diverse range of technology-related goods, including Windows, Microsoft Office, Games, and many more, and its popularity guarantees that the items are easily promoted.
8. Exabytes Affiliate Program
Exabytes is Southeast Asia’s top local web hosting and cloud service, provider. The firm has focused in delivering All-in-One Business Cloud Digital eCommerce solutions to assist Malaysian SMEs in simply and quickly growing online.
Exabytes has one of Malaysia’s top-paying commission affiliate programs.
Exabytes targets all Malaysian Small & Medium Enterprises (SMEs). Exabytes has a large market share in web hosting, a service required by many online enterprises to take their business to the next level, thanks to excellent branding initiatives.
Rate of commission: RM 150 – RM 350 per sale
9. UNIQLO Affiliate Program
This Japanese fashion label is well-known for its inexpensive everyday wear and high-quality items. Uniqlo focuses on well-made basic ready-to-wear apparel and offers value in comparison to shifting fashion fads.
The brand’s customers are known to come from a wide spectrum of demographics, ages, and economic levels. Products/Services Offered: UNIQLO ready-to-wear, accessories, and everything else.
The commission rate is 5% on each sale.
10. Bus Online Tickets Affiliate Program
Bus Online Ticket is an online bus ticket purchasing platform for bus operators in Malaysia and Singapore. We really like how user-friendly and secure the UI is.
The company’s mission is to make traveling easier for clients by giving them access to bus operators in Malaysia and Singapore that cover over 3000 routes!
Bus, rail, tickets, and bus charter are among the services provided.
Commissions Rate: 2.10 percent commission on all bus ticket reservations
11. Sephora Affiliate Program
Potential affiliates can benefit greatly from the Sephora affiliate program. Sephora is a well-known beauty boutique that offers a broad variety of goods for beginners. This indicates the possibility of a significant number of sales. Furthermore, the cookie period is rather long, lasting 30 days. This offers affiliates enough time to earn revenue.
The commission rate has been raised to 5.6%. While not the highest commission rate offered, it is still reasonable. The primary disadvantage of the Sephora affiliate program is that affiliates are not permitted to advertise a list of negative keywords. However, for individuals wishing to advertise beauty items, the Sephora affiliate program is an excellent alternative.
12. Nike Affiliate Program
The Nike Affiliate Program is an excellent opportunity for anybody wishing to work with a well-known and renowned sports brand. Joining Nike’s affiliate network is a definite method to obtain access to a big consumer base since Nike is the world’s largest seller of athletic shoes, gear, and other sports equipment.
They also offer a reasonable commission rate of 8.5%, and the high conversion rate makes them an excellent alternative for affiliates.
There is also a database of negative keywords that are not permitted to be advertised. Overall, the Nike Affiliate Program is an excellent method to make income by marketing one of the world’s most recognizable companies.
13. Berjaya Sompo MotorNOW Affiliate Program
Berjaya Sompo aspires to give the finest vehicle insurance solutions and services to its consumers as one of Malaysia’s major general insurance firms. The firm provides a respectable compensation rate of up to RM 49 per sale, which makes it an appealing alternative for affiliate marketers.
Furthermore, the Berjaya Sompo brand is well-known and recognized in Malaysia, which might aid in conversion rates. It should be emphasized, however, that the vehicle insurance industry is quite competitive, and getting existing clients to switch carriers can be difficult.
Nonetheless, the Berjaya Sompo affiliate program is a fantastic option for individuals wishing to break into the Malaysian auto insurance industry.
14. Skyscanner Affiliate Program
The Skyscanner affiliate network is ideal for anybody working in the travel business who wants to cash in on the rising popularity of online travel booking. Skyscanner’s high share commission of 35% allows you to make big commissions on every sale.
And, with the travel sector anticipated to expand dramatically in the next years, now is an excellent moment to join the Skyscanner affiliate program. The program’s sole disadvantage is that the earning cycle is extremely lengthy since all sales must be finished and spent before you receive your commission payout.
However, for those with patience and a love of travel, the Skyscanner affiliate program is a terrific way to make money.
15. Hotels.com Affiliate Program
The hotel business has been hammered particularly hard by the pandemic, but there are indications that it is starting to recover. With a large range of rooms in 200 countries, Hotels.com is quite well to capitalize on this rebound.
The firm also has a lucrative affiliate program with a 4.4% compensation rate. With the typical hotel room costing roughly RM400 per night, affiliate partners may benefit significantly from this.
However, because clients frequently do not check out until after their stay, the revenue cycle for hotel bookings is very protracted. As a result, affiliate earnings may take some time to show up in your account.
Nonetheless, Hotels.com is an excellent choice for anybody trying to book a hotel room.
The Risks of Becoming an Affiliate Marketer
While the premise of affiliate marketing appears to be promising, there are certain dangers associated. First and foremost, the affiliate must be prepared to commit time and effort to advertise the product or service. The campaign will most likely fail if the affiliate is not devoted to it.
Furthermore, the affiliate must avoid spamming potential consumers or engage in other unscrupulous marketing methods. Finally, if the firm decides to modify its affiliate program, the affiliate marketer may lose commissions.
While these dangers should be considered, they should not discourage you from exploring affiliate marketing prospects. You may simply avoid these hazards and enjoy the many benefits that affiliate marketing provides with a little effort and care, such as joining a reputable affiliate network.
How to Start Affiliate Marketing?
To establish an affiliate marketing firm, you must do three things: select a program, generate content, and drive traffic.
First, you must identify a program that is a suitable match for you. There are several programs to select from, so do your homework and choose one that matches your abilities and interests. Joining an affiliate marketing platform/network is one of the simplest methods to locate these opportunities.
Create material that advertises the product or service after you’ve discovered a program. This information can take many different forms, including blog entries, videos, and social media postings.
Finally, you must increase traffic to your content. There are several methods for accomplishing this, including paid advertising, email marketing, and SEO.
FAQs about Affiliate Marketing Program:
1. Who is eligible to engage in affiliate marketing?
Almost everyone! Anyone with a website, blog, or social media following can participate in affiliate marketing schemes.
2. How much can I earn from affiliate marketing?
This is determined by the program you join and your effectiveness in bringing visitors to their website. Commissions typically vary between 0.50% and 50%, so there is the opportunity to make a substantial amount of money if you are successful.
3. When does the cookie period begin and end?
The cookie period refers to how long a client is linked to an affiliate after clicking on their link. This term often spans from 24 hours to 30 days, so selecting a program with a cookie period that corresponds to your marketing approach is critical.
4. What exactly is the income cycle?
The earning cycle is the time it takes for an affiliate to get cash once a transaction is made. This varies with every program, but it commonly spans from 30 to 90 days.
5. Is there a minimum payment amount?
Yes, most programs have a minimum payout level that must be fulfilled before payment is made. This barrier changes; for additional information, consult the terms and conditions of your affiliate network.
Final Thoughts
Affiliate marketing may be a very successful, low-risk investment in helping to grow your marketing efforts beyond the conventional capacity of a small firm. For the reasons stated above, affiliate marketing is usually always worthwhile and has the potential to propel your online shop to new heights.
Affiliate marketing is increasingly becoming a fundamental component of many marketing plans, owing to the high return on investment that other tactics cannot provide. As the industry expands, the benefits of affiliate marketing become increasingly evident to firms of all sizes, and we can expect to see more organizations using the strategy in the future.
