What is affiliate marketing?

Affiliate marketing is where you refer someone to any product online and when that person buys the product based on your recommendation, you will receive a commission. This can be broken into four simple steps;

  1. 1. Individual is online surfing the web and decides to buy a item. He does a google search and somehow…
  2. 2. Ends up on your website, which may be a blog that happens to be advertising the product or item this individual is looking for
  3. 3. Individual clicks on the product on your site and is redirected to the merchant who is actually selling the items web site
  4. 4.The individual purchases the product on the merchants website and the merchant will give you the affiliate a commission for the referral.
  5. Why do merchants want affiliates and why they are willing to give good commissions? Because they would not have received the sale at all if it wasn’t for you, which means they, the merchant are happy get the sale even if they have to give you 30%.

For those new to the affiliate marketing world here are some commonly used terms:

  • Affiliates: Indviduals who are using an affiliate program to get links and promote and make sales.
  • Affiliate software: This is specially designed software used by companies that want to create an affiliate program for their products.
  • Affiliate marketplace: There are many marketplaces like Clickbank JVZoo. These work as central databases for affiliate programs for various different niches.
  • Custom affiliate income and or account: This is where companies can offer custom affiliate income to individuals making the majority affiliate sales for them.
  • Affiliate link: This is the special tracking link given by an affiliate program to track the progress of your affiliate advertising.
  • Link clocking: Many affiliate tracking links are lengthy and ugly. Using a link clocking technique like URL shorten, link supercharger etc., you can turn these links into links that are shorter and can be easily read.
  • Payment modalitiy: Different affiliate programs offer different methods of payment. Paypal is common, but also wire transfers and checks.
  • Affiliate Manager/OPM: Many larger companies have individuals who are dedicated affiliate managers to help individuals like you and me earn more by giving them optimization and advertising tips.
  • Commission percentage: This is the amount or percentage you will receive from your affiliate sales.
  • 2-tier or sub-affiliate marketing: This is where you can actually earn money by recommending or referring others to join an affiliate program, and when they do you will earn a commission.
  • Affiliate ID: This is comparable to the affiliate link, but some affiliate programs may offer you a unique ID which you can add to any page of the product or item site.

Good Day

Go Forth and Give

Ms. Julia

 

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