Perhaps the simplest way to explain affiliate marketing is that it is a way of making money online whereby you as a publisher are rewarded for helping a business by promoting their product, service or site.
Affiliate Marketing Meaning
Affiliate marketing is better known in Spanish as affiliate programs and comes from the English “affiliate marketing” (or programs). In that language there are other terms used in the same sense: “marketing associate (or programs),” reseller programs “,” referral programs “,” partnership programs “,” bounty programs “,” revenue-sharing Programs “” ambassador programs
There are a number of forms of these types of promotions but in most cases they involve you as a publisher earning a commission when someone follows a link on your blog to another site where they then buy something.
Affiliate Marketing Variations
Other variations on this are where you earn an amount for referring a visitor who takes some kind of action – for example when they sign up for something and give an email address, where they complete a survey, where they leave a name and address etc.
Commissions are often a percentage of a sale but can also be a fixed amount per conversion. Conversions are generally tracked when the publisher (you) uses a link with a code only being used by you embedded into it that enables the advertiser to track where conversions come from (usually by cookies). Other times an advertiser might give a publisher a ‘coupon code’ for their readers to use that helps to track conversions.
It is important not to confuse marketing with affiliate marketing (MLM), which usually created a pyramid structure based more on the payment of the membership to enter, and less on the sale of a product or service. Affiliate programs generally do not charge to members.
Well, specifically …
Affiliate marketing means that a company or individual, merchant, has implemented an automated way for a person-affiliate-receive commissions for promoting their products or services.
The leading online bookstore in the world, Amazon.com, was the first company to heavily promoted affiliate marketing on the Internet. Perhaps you have come across a banner on Amazon.com …
Most web surfers have seen countless ads like these in all kinds of Web sites. Typically they are advertising banners that say “Click here” (for the benefit of being promoted), but More and more often, they are using text-based links and usually with better results.
There are also affiliate marketing notices on bulletin boards, e-mail signatures, articles, even in print advertising.
… Must be something very good at this!
Affiliate marketing allows the merchant to pay only for the people who are actually doing what it wants (by clicking a link, the sight of a banner, filling out a web form, the purchase of a product)
This is the quintessential focused marketing … Getting the right people, people ready to buy, and precisely when they are thinking about it!
Moreover, for the member, this is-perhaps-the fastest way to start making money online …
If you do not have much time to devote to the business online, you can concentrate on advertising to other and even having to produce (and store or send) a product or service yourself.
There are entire Web sites dedicated to act as mechanisms of prevention for bids for a company affiliated …