Affiliate Programs


Basic Idea

Affiliate marketing is a type of marketing in which revenue sharing between online merchants and online salespeople (affiliates), whereby compensation is based on performance measures, typically in the form of sales (Pay Per Sale), clicks (Pay Per Click) and impressions (Pay Per Impressions).

Merchants run affiliate programs to generate leads and sales from other Web sites. They pay an affiliate to generate sales from a button, banner, or link placed on affiliate's website, newsletter, e-mail or pay per click ad. For example, if a site owner signs up for any merchant's affiliate program, he will receive banners or links from this merchant that he can place anywhere on his site. Then, if a visitor clicks on this banner or a link on his site and buys something, he will receive a commission.

The introduction of affiliate programs in the late 1990s brought Internet marketing to a new level. The first companies that offered these programs saw sales increase dramatically. These companies basically get free advertising and only pay their affiliates a percentage of the sales they generate. It's a win-win situation for the company that runs the affiliate program.

Now there are thousands of companies in hundreds of industries that will pay commissions to you for sales, leads or impressions.

How does it work?

1. First of all you are looking for products and services sold online and used an affiliate program.

2. Then you should sign up for free as a reseller (affiliate). How to become an affiliate you can find below.

3. After that you should advertise these products and services. How to promote them you can find below.

4. After all you'll receive commission checks.

How to become an affiliate?

There are two ways to become an affiliate:

1. Some merchants have their own affiliate programs. You can join them on their sites.

2. But the most typical is to use Affiliate Program Providers (APPs). There are several large APPs. They connect a lot of merchants and affiliates in different industries. APPs collect payments from merchants and consolidate affiliate reporting and payments. For example, the affiliate places links to the merchant on their website, email, newsletter, or Pay per Click ads. When a potential customer clicks through the link they are sent to a specified page of the merchant's site. If this potential customer buys something, fills out a form, or completes any action desired by the merchant the affiliate is gotten a commission. The APP tracks all elements of the transaction. Joining an APP is absolutely free. You should only fill out a form. The affiliate should usually wait a few days for approval, sometimes applying is automatic. You can find the Top APPs at www.RichTrack.com.

Advantages

Affiliate Programs are the ideal way to get money quickly and easily online:

You don't need to launch a new product;
You don't need to handle any products; v You don't need physical inventory;
You don't need a huge investment. You can start with $10 and 2 hours a week;
You don't need a website because you can use Pay per Click ads.

Disadvantages

The very important disadvantage is a low click-through to conversion rate. Only a few percent of your visitors will click on a banner or link; of that percentage, a few percent will actually buy something. It can be disheartening to see that there have been thousands of visits to your site, and only small percent of them have bought something you promote. Recommendation: If you focus on the affiliate programs to the theme of your site and the interests of your audience then the better the results you will achieve. Also text links, "odd" ads (i.e. advertising that doesn't immediately look like advertising) will generally give rise to much better results than banners or buttons.

You should be reliant on a merchant's ability to sell to the visitors the products that you're promoting. Of course you can improve the chance of a sale by effectively pre-selling the product or service, but it's still up to the merchant to close a sale. And if they don't sell anything to your visitors, you get nothing. Recommendation: Before promoting any product you should learn it and decide for yourself: "Would I buy it?" If the answer is "Yes" that's greate, but if "No" you should look for better productsto promote.

You can find books to read first and AdWords helping tools at www.RichTrack.com">www.RichTrack.com.

Written by Helen Peshkova, RichTrack.com.

www.RichTrack.com">http://www.RichTrack.com is one of the first business oriented education portals. It's the leading online business information network for millionaires. The goal of RichTrack.com is to present business content in a professional, helpful and practical format that helps you getting rich.


MORE RESOURCES:
By  Chad Rixse, CRPS® It’s easy to feel spooked or pessimistic about the financial future with the endless material online. While there isn't sufficient evidence to suggest  a recession is anywhere near , that doesn’t mean you can’t be prepared. Financial preparedness should be built and maintained regardless of

Thanksgiving is a very American holiday, and not just because that is where it originated. To me, as an immigrant to this nation, one of the best things about the national psyche here is the propensity to be thankful. The families of almost all Americans have, at some point in their history, been the victims of

It s a truncated trading week with Thanksgiving this Thursday Of course this means 160 Black Friday 160 the traditional day of the year when retailers all across the country change the ink in their ledger books from red to black also happens this week which is also a half day for

In past posts, I have stated that the pundits expectations of a devastating trade war was overblown. For October, there were a record number of loaded sea container imports that passed through the Ports of Los Angeles and Long Beach. The graph below shows the significant growth of import containers in October.

Shutterstock photo For most retailers, the 2018 holiday shopping season will present their biggest opportunity of the year to engage with customers. It will also represent the bulk of their annual sales.  As a result, this time of year is crucial for retailers to achieve success. With that in mind, current

It s almost as if a perfect storm of negative sentiment has descended on the markets in recent times from open critiques of Federal Reserve interest rate policy to tech leaders like 160 Facebook 160 FB 160 coming under fire for unsavory business conduct to plummeting oil prices

Today, the European Central Bank (ECB) President, Mario Draghi, made an interesting comment. The amount of times that happens can be judged by the fact that when you enter “Mario” into Google, the suggestions include a lot of “Super Mario Brothers” themed searches along with several other Marios, but you have to get

Some days there s just not much to talk about ahead of the opening bell for regular trading if there are big fluctuations in pre market activity often we must look overseas or to a particular company s unique set of circumstances to help explain the move Today is not that day we have plenty

There is no need to take any action to halt the decline of oil prices that started a month ago, even though it accelerated sharply yesterday, with both Brent and WTI shedding 7 percent and more inside a day, Russia’s Energy Minister Alexander Novak said, as  quoted  by Reuters. Novak was speaking at an industry

New 160 Consumer Price Index CPI 160 numbers were just released this morning following the Producer Price Index PPI that hit the tape last week These metrics track economic inflation in the U S based on how companies are pricing their offerings compared with how much customers

Global oil demand will peak by 2040, according to a new report, although oil supply shortages could emerge before then. The International Energy Agency (IEA)  published  its highly-anticipated World Energy Outlook 2018 on Tuesday, one of the most important energy forecasting reports published each year. In this

After a blood red Monday in the U S market indexes including more than 2 sell offs on both the Dow and Nasdaq including a 600 point drop in the Big 30 we see some green across the board in today s pre market albeit relatively slight A negative supply outlook for 160 Apple 160

On the surface, things are going well in America. The unemployment rate — at 3.7 percent — is at  its lowest level in decades . Annual wage growth recently hit a nine-year high. And the latest figures from the Commerce Department show that the U.S. economy continues to grow. But that doesn’t mean all Americans are

As traders get ready for Thanksgiving next week, it seems that they are being anything but thankful. Rather than concentrating on the good news about the economy that keeps on coming, the market is casting its thoughts far and wide to find things to be concerned about. That worry is focused on three things, all of

Following the celebration of the 100 year anniversary of Armistice Day which brought an official end to what was then referred to as the war to end all wars in remembrance of all U S veterans we celebrate Veterans Day today It s a bank holiday and while the domestic stock market is open

Alopa.com ©