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You place your affiliate link on your website
Visitors click your affiliate link and are taken to bestvibe.com
The customer buys something form bestvibe.com
Your earn a commission which is usually a percentahe of the sale.
In short, affiliate marketing is a strategy in which a brand pays a commission to an individual (an affiliate) based on sales generated through their referrals.
In a nutshell, if you’re an affiliate (also referred to as a publisher), you use your skills as an online marketer to refer your audience to a product. When someone in your audience decides to buy a product or take an action based on your recommendation, you get a commission.
An affiliate can be an individual or a company. Most of the time, affiliates are bloggers or other content producers. They usually work in industries that are the same or closely related to that of the company whose products they’re promoting.
Affiliates are individuals who help promote a product or service by writing posts, making videos, and conducting other marketing efforts. When an affiliate’s visitor makes a purchase or submits a lead form on the affiliate company’s website, the affiliate gets paid.
How much and for what (lead or purchase) the affiliate gets paid for depends on the affiliate program terms. Generally speaking, the commission is often based on a fixed percentage of the product in question. It can also be another amount agreed upon between the advertiser and publisher.
An affiliate company (also known as a merchant, advertiser, retailer, or brand) is any company willing to pay commissions to affiliates who promote their products.
Affiliate companies pay their affiliates for helping them increase traffic and sales. Payments are usually determined on a pay-per-click, pay-per-lead, or pay-per-sale basis (more on these later). This structure is sometimes referred to as performance marketing.
Affiliate Networks act as a middleman between companies and their affiliates. They manage the relationship and providing third-party checks and balances.
These networks track, report, and manage payments to affiliates. When you sign up with an affiliate network, you usually gain access to all the affiliate companies managed within the network.
Some popular affiliate networks include ClickBank, Commission Junction, and ShareASale. These three networks work with all kinds of brands, or advertisers as they are sometimes called.
After signing up with an affiliate program, you’ll get an affiliate link. This is a special URL that contains your affiliate username or ID. You’ll use this link whenever you mention the advertiser’s product on your website or in other marketing efforts, such as in a blog post or on social media.
As an affiliate, you’re paid for performance. Following are the three types of performance-based models common in affiliate marketing:
Commission payouts usually occur on a monthly basis. But this varies depending on the terms of the affiliate program. Affiliate marketers can get paid in many different ways, including monetary commission, credit commission, and discount commission.
Some programs offer discounts to affiliates who create enough referrals. This type of payout is popular with retail and health-related affiliate programs. After a certain number of sales and conversions, the publisher’s discounts can increase, which gives them more buying power on products they love from companies they trust.
Anyone can become an affiliate marketer. There are no standard qualifications.
However, knowing how to write a blog post, string a great review together, or do video are all a big plus because they mean you don’t have to pay for content in the beginning. Also, any existing marketing knowledge you have will be a great advantage to you.