What is an affiliate program? How it help you to earn money online
Many times you see “Affiliate Program” in e-commerce website or others too. Today, we understand what is an affiliate program and how it work.
So let’s get started…
Affiliate programs, also known as associate programs or publisher programs, are actually quite simple.
You get paid for selling someone else’s product or services.
It is like being a salesman. All you have to do is sign up with the affiliate program of some company, such as Best Buy or Circuit City.
You will then be given an affiliate account and associated link that contains your affiliate referral code.
You place that advertisement on your web sites.
When someone clicks on that link, their visit is tracked. If they decide to make a purchase, you will get a percentage of amount on every sale.
For example some companies will pay 10% commission so if a visitor from your web site clicks on your affiliate link and makes a purchase of $100, you will get $10 (these type of programs that pay you per sale are normally called pay per sale affiliate programs).
Type of affiliate programs
There are many different types of affiliate programs so not all of them will pay you per sale or a percentage of a sale.
Some of these different types of affiliate programs include pay per lead, residual income (also known as recurring commission, recurring income, lifetime commission and lifetime income), affiliate networks, cpa networks, etc.
No matter what type of commission these affiliate programs pay;
You still will earn from them. The amount you earn depends on how much effort you put into working with them.
Most major companies and retailers, such as Yahoo!, Amazon, eBay, Wal-Mart, Best Buy, Sears, Macy’s, GameStop, Circuit City, and thousands of others have affiliate programs that pay at varying rates so you should do your research before placing an affiliate link on your blog.
To be successful with affiliate advertisements, you must select a company that offers a product that your customers will be interested in.
For example, if you run a video game site, don’t place associate links for flowers or home depot on your blog, they will seem out of place and do very poorly.
You have a much better chance of making money by placing affiliate links to Game Stop, EBGames, GameFly, or other video game companies that have affiliate programs.
Also, make sure that you do not have too many affiliate advertisements on your web site because it will draw visitors away and you will not make any money and lose traffic.
One great way to make money is – create a product review blog with affiliate link.
You can review any product that you like, it may be a cell phones to MP3 Players or any furniture and everything in between.
Place an affiliate link to a web site where the product being reviewed can be purchased.
This is especially useful if you gave a certain product a very good review and tempted readers to purchase that specific item.
Something that those who are new to affiliate programs do not know how to do efficiently is find high paying affiliate programs that well best complement their web site.
There are a number of ways to go about this. First of all, you can go to the web site of every company that sells products related to the topic of your web site and check if they have an affiliate program and see how they pay.
However, a much better and quicker method to finding quality affiliate programs is to visit affiliate program directories.
You will find the best affiliate programs in your category, no matter how specific it is.
So, I think you easily understand “what is an affiliate program”.
Affiliate programs are really great way to monetize your blog and earn money.
You should definitely take the time to look into them and choose best affiliate program.
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