AFFILIATE MARKETING

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What is Affiliate Marketing?

  • A way for retailers/advertisers to sell more products with little up front cost
  • A publsher drives traffic to an ecomerce site in return for an agreed commision, paid out for visitors taking a specific action within a timeframe. 

Whos involved?

Affiliate Marketing is split between four participants:

1. The Merchant: AKA the retailer or advertiser. They are looking to increase sales.

2. The Network: Acts as the middle man between the merchant and publishers. A publisher could sign up and gain access to any merchant that the network is working with, and vice versa. (Amazon, Commission Junction / Affiliate Window)

3. The Publisher: These include affiliate links to retailers and their sites and promote the products of said retailers, in the hope the traffic converts into a sale on the retailers site. 

4. The Customer: The online consumer who clicks on the links on the publisher website and is then redirected to the retailer/advertiser site to complete the purchase. 

Affiliate models

Affiliate Marketing has three affiliate model options:

In-House: The advertiser builds and manages the affiliate network themselves to keep costs low and keep knowledge and best practice in-house, this model can take a long time to build depending on resources.

Affiliate networks: In order to scale quickly, the advertiser will use

Comments

Razin91

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This information is really useful, thank you! I believe that many people who are interested in making money on the internet will find this article beneficial too. Affiliate marketing is definitely one of the best ways to profit, and I'm thinking about joining an affiliate program by the link to increase my income.