The cannabis market in the United States is likely to exceed hit twenty-two billion dollars this year with many of those dollars coming from brick-and-mortar shops.
But there are other ways to sell cannabis that are taking off as well. This includes CBD oil affiliate programs that allow those who are passionate about the products to share them with their friends and family who can also benefit.
But not all affiliate programs are created equal. Affiliates look for a program that has a high-quality product, a fair price, and that is a company they can believe in. They also love great incentives and benefits.
Read on to learn about some of the CBD businesses using affiliate marketing and find out how you can mimic their success.
Hemp Bombs is a weekly payout program that allows you to make a 20 percent commission on selling CBD products. They primarily use their website to sell products and affiliates can provide their code to get credit for the sales they inspire.
Hemp Bombs also has a little bit of a pyramid marketing scheme allowing those who create their own sub-affiliates to earn indirect commissions.
CBD FX started from the manufacturing side and developed an affiliate program as their marketing strategy.
They offer a 20 percent commission and also sell oils, tinctures, gummies, capsules, vape pens and more. They pay monthly and also provide a sign-up bonus of twenty-five dollars.
Koi CBD is a very popular brand that makes it easier for affiliates to sell. They can rely on the brand loyal customer base since they have been selling their products for years.
But their commission is only 15 percent and they only pay once a month, so they don't offer as much of an opportunity to make an income as other companies.
Diamond CBD has many different brands of CBD products and offers a higher commission rate than the others at 25 percent. They have the largest variety of products and a solid reputation making it easy for representatives to sell their products.
More About CBD Oil Affiliate Programs
Although we have mentioned several of the most popular programs out there, there are many smaller companies successfully selling with the same strategy.
This kind of sales structure helps you scale your business and can complement your other sales channels. To learn more about other brand's affiliate programs please check out this article on the best cannabis affiliate programs and another article on the best hemp oil affiliate programs.
More Marketing Tips for Cannabis Businesses
The CBD oil affiliate programs on this list offer people who are passionate about CBD products to profit off of their love. By setting up your own affiliate marketing program on the cannabis affiliate network known as Cannaffi, you can drive new sales and have advocates out in the real world helping to advertise your products. But that's not the only way to move more cannabis, and we have many more ideas. Check out our blog for more market advice, or for more personalized attention, request a quote today!
Whether you want to run your own affiliate program using Cannaffi or have us manage the program affiliate marketing is one sales strategy your business should consider.