According to Webpopedia, an affiliate program is an automated marketing program where a Web advertiser or merchant recruits webmasters to place the merchant’s banner ads or buttons on their own Websites. Webmasters will receive a referral fee or commission from sales when the customer clicks the affiliate link to get to the merchant’s Website to perform the desired action, usually, make a purchase or fill out a contact form. The most common types of affiliate programs include pay-per-sale, pay-per-lead and pay-per-click.
Watch the video below to learn about the advantages of affiliate marketing:
Types of Affiliate Programs
Basically, there are two types of affiliate programs, the affiliate program for the seller and affiliate program for the vendor. The affiliate program is for affiliate members to promote and sell products and services provided by the merchant who owns the particular affiliate network, and they are paid a commission which is a certain percentage of the sale. The affiliate member does not have to handle order fulfillment and payment, they are managed by the merchant. Therefore an affiliate member is getting a kind of passive income, which means he or she can earn money while sleeping and playing, and just watch the cash flowing into his or her account!
Successful affiliates may earn up to five-figure income monthly, a few can even become millionaires, so the potential of affiliate business is great! There are many affiliate programs for sellers available on the Internet, two of the better-known companies are Amazon.com Associate program and Clickbank affiliate program. If you wish to look up for other affiliate programs, you can check out this affiliates directory site at http://www.affiliatescout.com.
If you have created your own digital products such as ebooks or software and wish to sell them over the largest affiliate network for downloadable products in the world, you should join Clickbank as a vendor by clicking the image below:
Learn how to sign up a Clickbank account by watching the video below: