Affiliate Program Basics
Affiliate Program is a ground floor opportunity. All you have to do is send visitors to your affiliate web site by placing a textlink or banner on your website and receive a commission on each sale, without the complication and expense of selling anything yourself.
Instead, you earn a commission for producing a transaction. Affiliate programs, also known as Referral Programs, Associate Programs, Profit Sharing Programs or Reseller programs, give affiliates the ability to create an online business selling
thousands products and services.
One of the first affiliate programs was run by the mega- bookstore, Amazon.com. They still have the largest base of affiliates on the net although they may not be the best affiliate program for many! with over 600,000 web sites being affiliated.
Affiliate programs are generally offered by sites selling goods or services, although some affiliate programs reward other types of transaction such as getting a visitor to sign up for a free newsletter, or a download.
Some affiliate programs pay per lead rather than per sale, in other words, you bring them a prospective customer and they pay a fixed "finder's fee" for the chance to market to that customer.
This is a typical arrangement for affiliate programs in the insurance, real estate and credit card industries, for example:
Types of Affiliate Programs
Pay per sale: If you refer a visitor to the online merchant's site and if visitor makes a purchase you get a percentage of the sale as commission.
Pay per lead: You get paid a one-time fee for generating a lead for the merchant. Usually you get paid $2-$5 if the visitor you referred fills out an application.
Pay per click: You get paid for every visitor you send to the online merchant regardless of any sale or purchase. Usually companies pay $0.05 - $0.15 per click.
Two-Tier: You get commission on direct sales you generate and also you get commission on sales generated by affiliates you recruited. Usually companies pay 25% commission for direct sales and 5% for sales generated by your affiliates.
Bounty: You get a one-time finder's fee payment for the visitor you referred. You will not get commission on any future purchases that customer makes.
The Benefit of an Affiliate Program
Is that you just need to drive traffic to your affiliate site. Write a few articles and provide a few links.
You don't need to find or deal with brokers, wholesalers, inventory, process orders, shipping & handling, customer service, tech support, handle returns, warranties, employees, etc-
An affiliate doesn't even have to be present, your site will keep earning money while you're sick, on vacation, or just doing something else.
Another advantage of being an affiliate, is that you do it from almost anywhere in the world..
How The System Works?
When you join an affiliate program, you will be given a specially formatted URL (Links) that you should use to link to the affiliate provider's site.
This will enable the affiliate provider to monitor traffic to your site and pay according to the type of affiliate program.
Many affiliate programs pay a commission based on a percentage of the revenue generated by purchases made by visitors coming from your website.
For example; if you're participating in an affiliate program that offers a 25% commission and you
send a visitor who purchases US$100 worth of products, you've just earned US$25 in commissions.
The commission rate itself can vary from 20% up- to 50%+ in the case of intangible products such as eBooks or website subscriptions.
Affiliate programs vary widely in terms of overall quality, reliability, commission, statistics, the amount of help that the merchant site offers in marketing the products or services it sells, and so on.
By thoroughly understanding an affiliate program, you'll minimize the risk of not getting paid - and maximize your potential earnings.
Owner of netbizreview.com">netbizreview.com (Guide To Internet Based Business) Albert is known for interviewing online business experts and Helping Entrepreneurs Doing Business On The Internet
The headlines across the media are talking about how much the Trump and Pelosi shutdown is costing. Most of it is true to varying degrees but the words are telling only part of the story. This post also reviews the major economic releases issued this past week - although several scheduled releases were not made -
Tesla 160 TSLA 160 CEO Elon Musk is making headlines once again this morning following his decision to cut 7 of the work staff from his leading electric vehicle manufacturer No specific amount of job cuts were announced but estimates are north of 3000 or 3100 Shares took a hit upon
We re again somewhat light on economic data this morning with new Housing Starts and Building Permits for December going unreported due to the partial U S government shutdown which tomorrow will reach four full weeks and already an all time record Thankfully Q4 earnings season and
With the partial U S government shutdown extending its longest period in history at this time next week should it remain closed it will have been for longer than a full month we do not have updated information on Retail Sales for December shedding some light on 2018 holiday shopping
At long last we finally see our first pre market of the new calendar year with multiple earnings reports from major companies in the S amp P 500 We even get new data on the Producer Price Index PPI this morning as well as Empire State results for January In short we re glad to bring you
Pre market futures are soundly in the red this morning following discouraging trade data out of China Exports which had been expected to come in at 0 6 year over year have fallen instead to 4 4 The pales drastically to the previous read of 5 4 Imports were even worse at 7 6 more
The fourth quarter earnings season is finally here. And one way or another, all of the concerns investors and analysts have had regarding a slowing global economy, impact of the trade war and the effect of rising interest rates on corporate profits will be revealed — if not within the numbers themselves, certainly
There is a general downward trend of economic data. Many are forecasting a recession in 2019. I am not convinced that the downward momentum will lead to an economic contraction. This post also reviews the major economic releases issued this past week - although several scheduled releases including factory orders,
Pre market futures this morning are down again although when we ve woken up to red indexes ahead of the opening bell in past days this week we ve managed to finish in the green each time The markets are currently riding a 5 day winning streak as astutely pointed out by Zacks Exec VP
Welcome to day 20 of the government shutdown over a $5-billion border wall that’s taken the SEC offline and put the future of ready-to-go Initial Public Offerings (IPOs) at risk. As of December 27 th , the SEC had only 285 of its 4,436 employees working, even though the agency’s electronic system for filing
We re certainly not above tooting our own horn here at Zacks but we try to be somewhat dignified about it when we do and only when it s truly justified Currently we see ourselves with an excellent opportunity to crow about the developing trend in the stock market first spied by Zacks
For newcomers to the stock market, or any financial market for that matter, one of the hardest things to come to terms with is the frequency with which the market reacts to news in a way that seems completely illogical. Sometimes it is just a matter of digging a bit deeper. An earnings report that shows a bottom
“The outlook for the global economy in 2019 has darkened.” That conclusion came from a new report from the World Bank, citing a variety of data, including softening international trade and investment, ongoing trade tensions, and financial turmoil in emerging markets over the past year. “Storm clouds are brewing
"Bull markets are born in pessimism, grow on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” The above quote came from John Templeton, who made a name for himself during the height of the great
This morning with no economic reports expected to inform investors with new macro data our pre markets up once again today are turning to public commentary from Fed presidents along with the release of minutes from the Fed s last meeting at which time interest rates rose another 25