Affiliate and Referral are very popular Marketing terms and extremely useful tools to promote products to more and more potential customers via social networks or banners with product links placed on other websites of old purchasers.

Affiliate is the way you introduce a product you have bought from a store to a lot of people whom you may be not get aquainted with. On the contrary, referral is known for recommending a product to your friends, family or colleages and your aquaintances.  Therefore, referral is considered much more trustworthy while affiliate can help you to automatically spread products to more customers without so many advertisement activities.

In Magento Ecommerce, there are a limited number of functions for Marketing supported by default Magento. Therefore, Magento store owners often look for other better solutions to apply these 2 Marketing strategies in their business for the purpose of boosting sales. One of the most common way is to install a Magento extension called Affiliate into websites. This module will help businessmen easily create affiliate and referral programs, manage commission and transaction, control withdrawal as well as assist customers to use and track their affiliates.

In this blog post, we will provide you 5 biggest Magento 2 Affiliate extensions that are now available in the market to help you select which one is the most suitable and proper with your business financial situation and your customers.

Some Must-Have Features of a Fundamental Magento 2 Affiliates Extension

For administrators or store owners:

• Affiliate promotion: Pay per Sales is the most popular type
• Commission management: setttings for commission amount or commission types.
• Affiliate account management in the backend including commision or withdrawal of each affiliate.
• Transaction management in the backend with all information about products, affiliates, customers, order amount, commission of each order and so on.
• Withdrawal management for each affiliate account.
• Banners management or links for affiliates to be placed in their websites.

For Affiliates:

Affiliate account management in Magento stores about transaction and withdrawal.

Now we will review 5 Best Affiliates Extensions in the Market:

1. Magento 2 Affiliate Plus by Magestore – $199

This Affiliate Plus extension provides users almost all basic functions of a typical module for Affiliate marketing.

In addition, there are some interesting features the  Affilite Plus extension supports such as:

• Refer friends via social networks beside websites.
• Lifetime Sale Commission.
• Multiple payment methods that are very convenient in the withdrawal process.
• Paypal Mass Pay for an automatic payout.
• Style configuration for Affiliate page such as color and text.

Although Affiliate Plus extension has higher price than other ones, it offers users a very adequate number of functions to create efficient affiliate programs to make Win – Win for both store owners and affiliates.

2. Affiliate for Magento 2 Extension by Mirasvit – $149

Along with must-have features, this Magento 2 Affiliate extension provides 4 types of promotions for administrators to choose to apply for their affiliates such as Pay per Click, Pay per Sales, Pay per Lead and Pay per Impression. In each promotion program, store owners can set up commissions as fixed amount or percentage of total order amount. When affiliate customers meet requirements of these programs, they are rewarded according to these commision types setup in the backend. Besides, affiliates can place 4 options on their websites to achieve sales, clicks, leads or impression for products of  stores: Banners, Links, Widget and Coupons. Therefore, compared with other  Magento 2 Affiliate extensions, this module brings users most adequate promotions and options for an affiliate program, which can benefits for both store owners and customer to benefit and also help them to manage more effectively.

In addition, Magento 2 Affiliate extension by Mirasvit also support two more awesome features:

• Account Dashboard in the backend to track affiliate insights such as number of active affiliates in the previous week, total number of affiliates, list of affiliates with latest activity, vistis, revenue and commission amount.
• For banner options, admins can see reports about the number of clicks or CTR (Click-through-Rate) and even impression on each affiliate banner placed on their website.

Therefore, it can be said that the Affiliate extension is good enough to use because it meets most of fundamental requirements of an Affiliate program and especially its price is very proper for small and medium Magento stores.

3. Magento 2 Affiliate/Refer Friend Extension by Mageplaza – $149

One of the most important basements and the most outstanding features of this Magento 2 Affiliate extension from Mageplaza is Multiple Affiliate programs created by store owners according to their purposes. Each active campaign can be assigned for affiliate groups in a dertemined period of time and administrators will set up the amount of commission as well as required conditions for customers to receive those financial rewards. The Magento 2 Affiliate extension is more special than others when supporting Multilevel Marketing or in the other hand, it allows admins to create comission tiers for the first buyers, the second buyers recommended by the first one, the third buyers referred by the second one and so on. Therefore, this multilevel system helps store owners get the bigger oppotunity to engage more leads as well as enables affiliates to receive more finacial benefits.

This Affiliate extension also allows customers to refer friends by social networks conveniently and quickly beside putting banners and links on their websites. Admin can get statistics about traffic coming these from banners and links.

4. Affiliate System for Magento 2 extenions by Webkul – $45

This is a very cheap Magento 2 Affiliate extension but still supports some must-have functions for both store owners and affiliates to have a good cooperation program. The module helps administrators to manage affiliate accounts, configure banners with links, manage sales and payment records, traffic records as well as neccessary settings in the backend. Therefore, configuration is very simple to use and if you want to have more features, you can contact with them for customization.

5. Magento 2 Affiliate Free Extensions by Landofcoder

A new Magento 2 Affiliate extension is brought to users for FREE till 2017 September 21st and it includes most main features of a basic Affiliate module to equip for websites. Besides, this Affiliate free extension also supports multiple affiliate programs with different conditions and commission and Multilevel marketing, which are very similar to Mageplaza’s product.

However, it is noticeable that Magento 2 Affiliate extension is only FREE until September 21st. Therefore, let’s take a careful consideration to find out the best Magento 2 Affiliate extension for your Magento stores.

With the 5 above Magento 2 Affiliate extensions, you must have had your own choice for website to increase more sales quickly and simply. By installing Magento 2 Affiliate extension, you really create a win-win game which is much beneficial for both sides: your business and your customers. Contact us to submit your extension to our list. See you in the next Magento 2 article