Business & Finance Electronic Commerce

Understanding the Affiliate Program

An affiliate program is an excellent way for a new internet entrepreneur to start an Internet home based business.
Affiliate marketing is an Internet based marketing practice.
A parent company rewards promoting partners for each visitor or customer brought by the promoting partner's efforts.
Affiliate Internet marketers are people who promote and market other companies' businesses on the internet.
When a sale is made, a commission is paid to the affiliate marketer.
Commissions can range from 10%-70% depending upon the company.
There are affiliate marketers who make comfortable incomes and are very successful with their work at home business.
Using one website to drive traffic to another is the form of online affiliate marketing, Affiliate Marketing is a method of promoting web businesses in which an affiliate is paid for every visitor or customer provided through affiliates effort.
It is a practice of paying introducer fees for the introduction of a new client to a business.
Compensation are based on certain norms - Pay per click, Pay per lead, Pay per Sale.
An affiliate program in another sense is, a reseller, referral or partnership program in which the affiliate receive payment from the owner of a product or service that affiliate promote on their behalf.
There are various types of affiliate programs.
The simplest is the affiliate placing a banner ad or text link at the affiliate's site which is linked to the site of the business the affiliate is promoting.
This link is coded with a unique affiliate ID so that the site visitor is recorded at the parent site as having originated from the affiliate's site, thereby allowing the affiliate to be credited with the sale.
Another is "pay per click", where the affiliate is paid a certain amount for every time a site visitor clicks on the link at the affiliate's site, whether or not a sale is made.
The advanced affiliate programs are multi-tier which allows the affiliate to earn commissions not only on the traffic they directly refer to the parent site but also a proportion of sales generated by their sub-affiliates.
Affiliate Marketing is a great opportunity to earn money online.
Having your own business as well as the freedom of working at home as well as time to spend with your family and friends with a minimum start up costs.
It takes hard work and it is not a get rich quick program.

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