Cannabidiol, which is typically called CBD, is a compound used for medicinal and recreational purposes. It is extracted from the cannabis plant hemp and made into different kinds of products. The hemp plant is a versatile one and many products and substances can be derived from it. Other substances asides cannabidiol include THC, terpenes, flavonoids, essential oils, etc. Despite all these, CBD is the most popular of them all and this is clearly due to its many health benefits. It can be used to treat diseases and symptoms such as allergies, cancer, anxiety, arthritis, pain, insomnia, to name a few.
From CBD oil to gummies, capsules, pills, vapes, smokes, etc., cannabidiol products can be taken in through various methods including sublingually, topically, ingestion and inhalation. You can learn more about it here.
The cannabidiol industry has grown in leaps and bounds since its legalization in 2018. From its status as just a Research and Development (R&D) substance, it is now produced and sold commercially with the industry estimated to grow to be worth over 22 billion dollars by the year 2022. This is based on its current growth rate.
A big part of this success is down to the people involved in cultivating, manufacturing, selling, and of course the end-users of CBD products. For people who might be interested in earning income from the growth of the industry but may not be a part of the production chain, CBD affiliate programs offer a unique opportunity to do so.
What is a CBD Affiliate Program?
Just like any affiliate marketing program, CBD can be advertised informally by individuals who intend to make extra income by using their different available platforms to do so. That is, by sharing a link to a merchant’s website and referring potential customers to the products, they can earn commissions based on the number of people that used their link to buy products from the merchant.
How Does It Work?
Companies and CBD products manufacturers such as Cheef Botanicals have different CBD products that they sell on their website. As an affiliate, you register with them and when you do so, you are provided with a customized link that you can put on your various platforms. These platforms may include a website, a blog, a vlog, or your social media platforms like Facebook, Twitter, Instagram, etc. For each visitor to your page that clicks on the link and makes a purchase, you get a commission.
Commissions in the industry can range from 10% to 35%. This is dependent on the merchant that you register with and also the kinds of products that is sold. Also, depending on the program you join, your payments can either be made every two weeks or monthly.
How to Be Successful as an Affiliate
It is not enough to just place the link on whatever platform you may have. To be successful as an affiliate and make substantial income, your link needs to be targeted at potential buyers. You will need to keep visitors to your page interested by having great content that will make them regularly visit your page. Imagine a scenario where you get one or two followers visiting your page in a week. You are not likely to make a good enough income. You need to be able to drive enough traffic to your page daily.
You should also have a deep knowledge of the products that you are selling. Your followers should be able to depend on you to give them whatever answers that they need and if they have any concerns, you should be able to address these in a way that is convincing. You need to engage with your followers regularly as with this, you can earn their trust and they will be more readily inclined to listen to you, trust your judgment, and follow your lead. You can find some useful tips to help you here: https://www.mobidea.com/academy/successful-affiliate-marketing/.
Conclusion
The cannabidiol industry is one that has come to stay and the earlier a person plugs into it, the better. Affiliate programs are great opportunities to participate in this booming industry. It is as simple as signing up, getting a link, and advertising this link in whatever way you like. By doing this, you will not just be enjoying the medical and recreational benefits of CBD alone; you will also be getting a profit from participating.