subject: Basic definitions of "Affiliate programs" [print this page] Affiliate Programs are the associate programs collaborated by the producers and the intermediary working on internet; they both earn money through the business promotion activities on the internet. Basically, "affiliate" is to receive internet sale commission.
The commission can be divided base on the value of the sold products (pay per sale), or the value of each click (pay per click), or introducing consumers to register and download (pay per lead).
To join as a freelance, you can register to the producers or service providers. If you are accepted, you will be given a code in order to monitor your own mediate business activities. Then, if you become successful in recommending and selling products to one customer, you will be paid percentage; some service providers are willing to pay you a big sum of percentage.
For the enterprises/firms, co-operating with the "affiliates" is the most effective marketing strategy in order to increase the sale volume, or to broaden the brand name .etc.
For the "affiliates", doing business on internet requires only a small capital, but simple and stable.
Operating description of "Affiliate marketing":
1. Participate in an affiliate program; after receiving an username and password, sign in your account to take links (the connected links that the company provide to you) called "affiliate links"
2. Put the affiliate links on your own website
3. The visitors will click to your affiliate links and buy products, services, or fill in the form in the company's website.
4. You are paid percentage for recommending consumer to buy company's products.
Types of Affiliate:
1. Pay-Per-Sale and Percentage Programs
The company will pay you fixed money when you sell one product of them, or give you percentage (%) per sold product's value. For instance, the firm will pay you $20 for each sold product (pay per sale), or they will pay you 40% per product's value; the product's price is $100, so you will be paid $40 for one sold product (percentage program)
2. Pay per lead and Pay per action
The provider will pay you a sum of money if you recommend consumer to fill in a form, or download software on the company's website.
3. Pay per click program
Similar to Pay per lead, the company will pay you a sum of money when visitor click on your affiliate link, and visit the company's website.
4. Pay per call
The firm will pay you commission if you recommend the customers to give a phone to the company.
8 basic steps to build Affiliate Business
1. Market research: indentify the title/topic of your website, and the potential profit of its topic. After finding the title/topic, searching for the companies which have affiliate program to join in as a member to sell the products.
