What is affiliate marketing
Affiliate marketing is the process of earning the commission in the form of Money, coupon, Discount voucher or in any other form online by promoting other people’s or company’s product.
دوسرے لوگوں / کمپنی کی مصنوعات کو فروغ دے کر کمیشن کی شکل میں آن لائن پیسہ کمانے کے عمل ے
According to Wikipedia
“Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.”
In affiliate marketing website owners can receive a commission when a client has visited the affiliate link and completed the required action, like purchase or opt-in for downloading, complete a survey or Sign up for the newsletter.
Some basic terms of Affiliate Marketing Program.
Affiliate’ means to link/connect/associate with something Marketing’ means present product/services in such a way to make them desirable.
Merchant is the owner of the business/Product/Services. Somebody who sells goods, especially as a wholesaler or internationally. In affiliate marketing like Click bank, Amazon, eBay etc.
Publishers who own the website like me and you who are using an affiliate program to promote and make sales for the merchant.
Affiliate website and Link
When you sign up for any Affiliate program you select a product to promote. The merchant affiliate system gives a unique link to insert into your website. Whenever a visitor clicks that link he/she is redirected to the merchant site. This link is called affiliate link. The website holding the affiliate link called affiliate website.
Remember to get any affiliate program association you must have a website.
Some programs allow you to place a banner or a backlink to the product or a website, others enable you to set up a shopping or store page that provides things relevant to the content of your internet site, and others want you to easily place banner ads or management buttons.
When someone gets to the merchant site using an affiliate link and purchases any product/Service it will make a sale that sale is called Affiliate sale.
One the every successful affiliate sale the merchant affiliate system identifies the affiliate using his/her Affiliate ID and tracks the affiliate and pays a commission to them according to an agreed percentage of the product/services. Commissions are often a percentage of a sale but can also be a fixed amount per conversion/Sale.
All affiliate marketing programs don’t work in an equivalent method or pay the same prices. Different affiliate programs offer different amount of commission on same product or services. It starts at 4% and can be high up to 70%.
How it Works
Affiliate marketing is a comparatively trouble-free way for bloggers and other website owners to earn money because they don’t need a lot of money for investment. Just need motivation and patience.
It doesn’t require affiliates to offer their own products/services for purchase, they just need to put promotional links on their sites for other merchant’s products, it liberates affiliates from many of the duties and complications of traditional sales models.
Generally, Affiliates are able to join Affiliate network for free .while merchants has to pay a fee to associate a network. Affiliate marketing programs normally work by taking all the responsibilities by the merchant to handle all the logistics involved in selling products or services, like processing customer orders, payments, and shipping merchandise— while the affiliate sits back and collects a commission for each Purchase that has been sent by him/her to merchant’s online store through an affiliate link.
If you have a content rich website and the good amount of targeted traffic then there are hundreds of affiliate programs and affiliate networks available on the web that can make a lot of money with little effort.
How you get paid for your earned commission. Different affiliate programs offer Different Modes of payment. Example: Check, wire transfer, PayPal, and others
Famous Affiliate marketplace / Programs. There are many marketplaces like
- Click bank
- RAKUTEN LINKSHARE
- Shareasale etc