On the flip side, since the barrier of entry is so low, you have to deal with the fact that it is an extremely competitive model. Since the niche-focused model can be quite profitable, it’s already filled with professional affiliate marketers.
For those doing the referring, however, it doesn’t cost a thing. So why would a company hand out money or other incentives just for a referral? According to data from the Wharton School of Business, companies with formalized referral programs experience 86% more revenue growth compared to those without. So, when someone refers a friend, it can be extremely lucrative for them!

One way to find them is to use hashtags. For instance, you can search for the hashtag #makeup, then start checking through the results to find people who make makeup tutorials or sample makeup.
Flexoffers provides a solid array of tools and features to aid in marketing campaigns. Flexoffers connects bloggers, content creators and other types of publishers with small, medium and large budget advertisers & brands. They have tens of thousands of different affiliate programs to choose from. They have divided these affiliate programs into dozens of broad and hundreds of sub-categories, which makes the publisher’s life easier to find exactly what would fit into their niche. Flexoffers also delivers its own affiliate program which can be referred to others and if they earn a commission, you also get paid which is one of the major differences of it among Instagram competitors.