Understanding The Concept Of Affiliate Marketing
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Transcript Understanding The Concept Of Affiliate Marketing
Understanding The Concept
Of Affiliate Marketing
What is affiliate marketing?
Affiliate marketing is one of the genuine and oldest forms
of marketing strategies. This type of marketing is done on
the online portal only. It is a very trending form of
marketing lately. Affiliate marketing is a form of
marketing that is a process of earning a commission by
selling or promoting other people or other company’s
products.
The people who get into this type of marketing earn on the
basis of the commission on the product that they promote.
The product is certainly not theirs. They promote someone
else’s product to people. If people are interested and buy it,
then the owner of the product send the commission to the
affiliates. It is processed on the permission and approval of
the owner itself. The process is not illegal. The government
approves of this kind of marketing.
How does affiliate marketing work?
Signing up: The first step is to sign up for the affiliate
marketing program. There are various programs available
on the internet. One just needs to sign up for the most
suitably targeting site. The signing up is of no cost.
Provision of link and ID: A proper Affiliates ID is
provided by several affiliate companies. This ID helps in
tracking of the order. A link is also provided to the affiliates. The
link is the unique URL for each product, that helps in tracking
the proceedings of the marketing and selling.
Commission or salary: The salary or the commission is
never fixed for an affiliate. It totally depends on the
amount of sales executed. The other factor is also to be
considered which the amount of the product sold is. It
depends on both the things as to how much commission
would be provided to the affiliates.
Payment mode: The payment is made timely every
month. There are different modes of payments. It depends
on the affiliate program that one chooses. Some offer the
mode of check, while some may prefer transferring online
through PayPal or other sources.
The next product: The search of the next product or new
project depends on the affiliate. There is variety of options
all over the internet to choose from.
Important Note:
1. The process of affiliate marketing is not illegal or
dangerous. It is according to the set laws by the
government.
2. There is no qualification required to become an affiliate.
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