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
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.
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.
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 ...