Are you a Pharmacist or a Medical Professional looking to make money online with affiliate marketing?
One of the ways to get started is to learn about medical supply affiliate programs. Today I am going to introduce you to 6 medical supply affiliate programs. You will see the amazing opportunity available as an affiliate marketer.
Healthcare is one of the largest and fastest-growing economies in the world. It accounts for more than 10% of the GDPs of most developed countries.
It was estimated that the Global healthcare spending could reach over $10 trillion by 2022. Now is a good time to grab your share of this market and what better way than to tap into the medical supply sector.
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AFFILIATE MARKETING OFFERS YOU FLEXIBILITY
The good news for you as an aspiring affiliate marketer is that you are not just restricted to certain sectors to becoming an online success.
You do not have to go the traditional route of building an online business focused on simply promoting medications or vitamins. Though, nothing stops you from having a section dedicated to it.
Medical supply items are big business, it's an evergreen niche. People will always need medical devices, and equipment, and you can really make this the focal point of your business.
So, what sort of medical supply and healthcare products can you promote?
Let me show you.
MEDICAL SUPPLY BUSINESS IDEAS. YOU GET TO CHOOSE...
Having an affiliate marketing business means that you have the freedom to choose the topic or niche for your business.
One of my mentors and co-founder of this affiliate marketing training platform taught me to choose a business you love, and not what you know.
At the end of the day, your business needs to be enjoyable and not feel like a job - something that you are dreading or after a while becomes a mundane task.
You can go broad or choose to be more specific when it comes to your niche. Even if you feel that you have narrowed down too much initially, you can still branch out later on.
Here are various topics that you can spend a great deal of time when building your medical supply business.
- Fitness Equipment : cardio monitors, portable spas, pedometers, exercise peddlers, etc
- Lift Chairs:
- Footwear: aircast boots, leg braces, canes , crutches
- Wheelchairs, Walkers
- Woundcare : dressings, first-aid care, bandages, medical tapes, adhesive bandages
These are some of the ideas you can incorporate into your business. You will be promoting these products for affiliate programs.
Are there any key points that one should look out for when it comes to selecting an affiliate program?
Let me show you.
HOW TO CHOOSE THE RIGHT AFFILIATE PROGRAM?
One of the other benefits of having an affiliate marketing business, is that you do not have to invest in any inventory to get started.
Remember that you are an affiliate. Your job is to simply market that product or service. You earn commissions when someone buys that product.
Essentially you are bringing the buyer and seller together. And that is why affiliate programs are so important to you.
By joining them you have access to a range of items to promote. Here are some of the things that you need to look out for when selecting an affiliate program.
- Commission structure : how much will they pay YOU? 5%, 10%, 20% or 50%?
- Cookie Time-Life : 7-days? 14-days? 30 days or lifetime cookies?
- Affiliate Resources : Does the affiliate program offer sufficient tools or training to help you?
- Affiliate customer support
Now allow me to walk you through my choice of 6 medical supply affiliate programs.
THE TOP 6 HIGH-PAYING MEDICAL SUPPLY AFFILIATE PROGRAMS
NUMBER ONE : MountainSide Medical Equipment
COMMISSION PAYOUT: 10%
COOKIE LIFETIME : Unknown
Mountainside medical started out in June 2002 as a small business serving the needs of patients during the Vietnam war. The founders are father and son duo, Marty Sr. and Marty Jnr. They both started out working for a small pharmacy distributing company that provides supplies to nursing homes.
When they faced losing their jobs as a result of a company buy-out, they pursued to "create their own medical supply and equipment" business.
They shifted their business from the traditional brick and mortar to online in 2006.
As a wholesaler business, they focused on serving nursing homes, healthcare facilities, physicians, and government organizations.
NUMBER TWO: Health Products For You aka HPFY
COMMISSION PAYOUTS : 5-10%
COOKIE LIFETIME : 45%
Just like Mountainside, HPFY was launched back in 2002. They have over 20 000 products that you can review and promote on your website. The cool part is that even if your customer decides to buy within 45 days of clicking on your affiliate link, you will still be credited with the commission.
Once your application is approved, you will be given access to affiliate tools and special offers to use in your marketing.
The other attractive feature of this site is that they have an archive of testimonials. This makes your job so much easier. They have the credibility, all you need to do is bring traffic to the website.
NUMBER THREE : Bay Alarm Medical Alert
COMMISSION RATE :$65
COOKIE LIFETIME : 120 days
What will you do if an elderly member of your family suddenly collapses, or needs immediate medical assistance? Do you have medical assistance on standby?
Bay Alarm medical provides around the clock medical alert emergency response.
Unfortunately, you can only join their affiliate program if you are within the U.S.
NUMBER FOUR: AvaCare Medical
COMMISSION RATE : 5%
COOKIE LIFETIME : 45 Days
Whilst the commission rate may not be as high as the previous two,there is still something exciting about this one.
In addition to wheelchairs, walking aids, bathroom safety, and bedroom accessories, this one has an e-pharmacy.
You can promote vitamins, skincare, babycare, footcare , and personal hygiene products. It's practically like you have your own pharmacy minus the prescription stuff at your fingertips. A pharmacy you have a 5% share in, which you do not have outlay any overheads.
NUMBER FIVE : 4MD Medical
COMMISSION RATE : 6%
COOKIE LIFETIME : 60%
The cool part about driving your customers to this website is that they will have a choice as to how they would like to order a particular item. It can be via a toll-free number, e-mail, or even a live chat.
They have an extensive product portfolio and serve a range of sectors such as Nursing Homes, Clinics, Doctor's offices, Urgent care centers, dialysis centers, Laboratories, Surgical Centers, Physical Therapy & rehab, and other healthcare facilities.
NUMBER SIX: Total Diabetes Supply
COMMISSION PAYOUT : 6%
COOKIE LIFETIME : Unknown
According to Wikipedia, in 2017, 425 million people worldwide had diabetes. Imagine what the figure is like today, in 2020?
You can build a website focused on just diabetes mangement, or if you want simply talk about the diabetes products.
From test strips, to syringes, to insulin pumps, it's all available to you at Total Diabetes supply.
By joining their affiliate program, you can receive a regular 6% payout.
OTHER GREAT WEBSITE IDEAS
Apart from the medical supply niche, how else can you money within the healthcare niche?
You can choose from various 'routes.'
You could start a mental health blog. You could start a website focused on specializing in elderly healthcare. How about talking about a specific medical condition?
It might even be something that has affected and you would like to help others who are going through it as well.
For instance, the niche for my first site, is Tinnitus. A constant ringing in one's ears. It's a condition that has deeply affected me. It has impacted my social life, my personal life and my work life as well.
Bottom line: You have many choices when it comes to the online world. the key is to not overthink it. Do not fall into the trap of "analysis paralysis." Go ahead and start something today.
LEARNING AND GROWING IS KEY........
You now have a good idea of how affiliate marketing works. You know about affiliate programs. You also discovered the many directions that one can take within the healthcare supply industry.
The only thing that you need to get started, is to join the best affiliate marketing training. And for that, I would recommend that you check out this affiliate training platform to help you to get started.
Thanks so much for joining me today.
Which niche area are you passionate about pursuing? Leave a comment below or contact me if you need some advice or help.
Looking forward to hearing from you.
Regards and Take Care
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