Due to its many benefits, the CBD industry keeps growing day
by day with many players including farmers, cultivators, extractors, CBD
product manufacturers, retailers, etc. It is a highly productive industry in
which anyone can be a part of at any point in the value chain, from cultivation
to sales to end-users. It is estimated that the industry will be worth around
22 billion dollars by the year 2022 and you sure do not want to miss out on any
of these.
For people who are not in this value chain but are
interested in being more than just consumers, there are affiliate programs
where you generate traffic by promoting CBD products and referring people to a
manufacturer or retailer website. With this, you earn a commission when anyone
you refer buys any of the products. You can read about affiliate marketing here.
Promoting and selling CBD products is quite easy as people
generally like it and will always appreciate any information about any trusted
and reputable source to buy from.
What is CBD?
Perchance you do not know what CBD is all about; it is one
of the many compounds that can be found in the hemp plant which offers many
health benefits for both humans and animals. It can be used to treat medical issues
such as anxiety, stress, insomnia, pain, mental issues, and even severe
conditions like cancer and chronic pain.
CBD, which is a short form of the word cannabidiol, can come
in many different product forms with some of the popular ones being CBD oil,
vapes, smokes, rolls, gummies, capsules, pills, sprays, etc. It can also be
used as an ingredient in cosmetic products.
Cannabidiol can also be absorbed into the body by various
means, each of which is largely dependent on the kind of product that is being
used. Some of these common methods include sublingually, topically, by
ingestion, etc.
Cannabidiol is also legal to sell and use in the United
States as long as the THC content in any of the product is not more than 0.3%
volume. THC is tetrahydrocannabinol and it is the substance that makes users of
hemp get that “high” effect. However, any product sold in the U.S cannot get
you high as long as it is legal.
Participating in an Affiliate Program
To get started earning through an affiliate program, you
have to sign up with a CBD product manufacturer or seller such as Cheefbotanicals by
filling out any registration details that may be needed. You are then provided
with a custom link. When this is done, you can begin to advertise and promote
the products on your social media handles, blogs, vlogs, website, or any other
means that you can. When visitors to your account click your custom link and
purchase cannabidiol products, you then get a commission. The more people buy
through your custom link, the more money you earn.
Industry-standard commissions are between 10-15% but you can
get up to 25% to 35% depending on the program that you join. Depending on the
program, payments are sent out every two weeks or monthly and there is cookie
tracking on click-through activities that can range from 30 – 180 days.
Every affiliate must follow federal, state, and local laws
in their jurisdiction especially those applicable to email marketing and
anti-spamming.
What Products to Promote
As earlier mentioned, there are different cannabidiol
products and some that you will have the opportunity to promote and sell can include:
·
CBD wax
·
Hemp flower
·
Vapes
·
CBD body/ lotion
·
Lip balms
·
Capsules
·
Gummies and so on.
All these products are organic and are exactly what users
need. You can see a list of common CBD products here https://www.healthline.com/health/best-cbd-oil.
Note that you do not necessarily need to have a website to
participate in the program neither do you need to stock up products. Placing your
link on your social media platforms should be enough. Some programs may even provide
you with software to use.
In any case, the seller handles everything from tracking
sales to fulfilling each order and processing payments. This leaves you free to
focus on promoting your product links.
Conclusion
CBD affiliate marketing is a way of making extra income for
people who are interested in introducing people to different cannabidiol
products sold by a manufacturer or retailer. When you do so and they buy by
going through your link, you get a commission and get paid. Do not forget that the
more the people you introduce who make a purchase, the more your earnings. Therefore,
find a trusted retailer today, join their affiliate program and begin to earn.
