When it comes to the CBD value chain, there are many stages of participants involved from the cultivators to the end users. If you love taking CBD, instead of just being a user or consumer, why not use this opportunity to earn some income from it by partaking in a CBD affiliate program?
What is a CBD Affiliate Program?
Legalizing CBD has made it quite easy to order products online and have them delivered to you. You can use this opportunity to introduce it to your family, friends, and colleagues. An affiliate program involves introducing and selling a product or service, in this case CBD products, and in exchange for this, you get paid a commission.
When you sign up for an affiliate program with a manufacturer or retailer, you get a custom link that you can share with anyone and each time they purchase a product using your referral link, you get paid. Your link can be shared over your social media platforms, website, blogs, vlogs, groups that you belong, or via instant messaging on your phone.
For influencers or people who are into wellness, health, beauty, skincare, natural and organic remedies, natural animal care, and so on, this is a great opportunity to earn added income. You can read this article to understand how affiliate marketing works.
A Little Introduction to CBD
CBD, or cannabidiol, is a substance extracted from the hemp plant. It is one of the compounds found in this plant with others being terpenes, flavonoids, omega fatty acids, and essential oils. It has tremendous medicinal benefits hence it can be used to treat various kinds of ailments in both humans and animals.
Cannabidiol can be made into different products such as oil, vapes, cream, wax, gummies, pills, capsules and so many others. Based on these products, it can be absorbed topically, sublingually, inhaled or ingested.
CBD became legal in the United States upon the passing of the Farm Bill of 2018 which provides for its growth, distribution, sales, and use. Since its legalization, the industry has grown rapidly and it is estimated that it will be worth between 1.8 billion dollars to 22 billion dollars by 2022. For this reason, it is a good time to tap into the industry by becoming an affiliate.
Steps to Becoming an Affiliate
Becoming an affiliate is quite easy, and the steps include:
- Finding a trusted company such as Cheef Botanicals that can offer you growth, quality products, and good commissions upon signing up with them.
- Getting the necessary information on the company’s affiliate program; guidelines, commissions, payments, requirements, and so on.
- Getting your personalized link that you will promote on your many different platforms, Facebook, Instagram, Twitter, WhatsApp, blogs, and so on.
- Getting paid a commission for every sale that is made via your personalized link.
As an affiliate, you can earn up to between 10-35% commissions and be paid either every two weeks or monthly depending on the program that you join. You will also need to comply with any local, state, or federal laws guiding email marketing and anti-spamming in whatever jurisdiction you are.
One of the best ways to generate traffic is to start from people that are close to you, your family, friends, and colleagues. You can share your personal CBD story and how it has been of benefit to you. From there you can begin to get more people and ensure that they use your personalized link else, the company may not be able to track your sales and give you your commissions. By doing this, you are not only earning an income, you are helping other people live healthier and happier. You can see other ways of generating traffic here: https://www.entrepreneur.com/article/246905.
You do not need to stock up products neither is it necessary to have a website but if you do, it is another platform you can take advantage of. Should you need help and support, you are free to reach out to the company as they should ideally always be on hand to help you in various ways.
CBD affiliate marketing program much like any other affiliate marketing helps you to earn income simply by referrals. The interesting thing and possibly an advantage is that cannabidiol is a market that is growing rapidly due mainly to its many health benefits. You can take advantage of this by introducing people who are yet to join the party by showing them the goodness of using these products.