Affiliates are very popular and useful term in the marketing field. On the online network, there are many facts define for affiliate marketing and affiliates. As per me, affiliate marketing can be described in very easy line which is “Getting rewards per sale ”
In easy words, the affiliate marketing is a marketing process in which an affiliate give rewards to its users on reference based sales. For example, let’s take an example of coupons and discount promo codes which are very common in this time. For different marketing strategy, each biggest selling company populates different promotional campaigns. Promo code and discount coupons are one of them. When a user uses a promo code he can avail the discounts on the total price of the product.
On same way referral programs are also very popular. To make the referral program more useful and easy returns for users, affiliate marketing comes into action.
In affiliate marketing, anyone can signup for the affiliate account. When he get approved by the store, use can use the custom code or affiliate URL anywhere on the internet. Now the normal user who find that particular URL and get redirected to the store website with affiliate ID, he counts as a referral visit. Also, when the particular buy some product in the same session, a particular personage of sale commission is delivered to the affiliate user.
How Affiliate works:
Understanding the term affiliate is based on three terms:
1. Advertiser Group ( Seller who sell products)
2. Publisher user (affiliate signup account holder- who referred the product)
3. End User (Consumer- who buy the product)
The first one is Advertiser who wants to sell his product on the internet. There are two ways for an advertiser to join affiliate marketing. The first is to produce his own affiliate network and give facility to the affiliates to join his referral program. In such way, he doesn’t need to pay extra commission to middle affiliate websites like commission junction.
Amazon is the perfect example for such advertisers. They have their own biggest platform for users to signup and sell their products.
The second way is to join some middle affiliate program networks who charge a second amount of commission. All advertising networks play the same role.
Google Adwords, commission junction, Yahoo Gemini, Bing ads and other many affiliate networks are very popular in this term.
The bloggers, website owners, and social networking users come in this term. The users who have their personal website, blog or social account can signup for a publisher account on affiliate networks and can show the Affiliate ads, products on their own web pages. Users who follow their link and buy goods on affiliate store, the publisher will earn commission on their sale. It is the easy and very fine way to earn money online.
3. End User:
The role of an end user is very simple but important in affiliate marketing. As everything is just depend on sale. Whatever he buy from a product website through a referral program he gives an opportunity to the publisher to earn profit through him.
For top and best affiliate network list click on the link below: