What Is Affiliate Marketing, Really?
Affiliate marketing is the process by which an affiliate earns a commission for marketing another person’s or company’s products. The affiliate simply searches for a product they enjoy, then promotes that product and earns a piece of the profit from each sale they make. The sales are tracked via affiliate links from one website to another.
In other words, when you help another company generate sales, you get a cut!
The best part is that you don’t have to spend the time and money to create your own products, because someone else has already done the hard work. You can begin making money as an affiliate as soon as you have a place to recommend products, whether that's a website you have, a podcast, or even on social media.
So, all you have to do is send traffic through a link to that product, and everything after that is out of your hands . . . right?
Wrong. There's so much more involved to make this work well, which is why most people who attempt affiliate marketing fail, or just see a few dollars coming in from their efforts. I want you to see amazing, life-changing results from affiliate marketing, which is why I'm thankful you're here.
How Does Affiliate Marketing Work?
Because affiliate marketing works by spreading the responsibilities of product marketing and creation across parties, it manages to leverage the abilities of a variety of individuals for a more effective marketing strategy while providing contributors with a share of the profit. To make this work, three different parties must be involved:
A quick and inexpensive method of making money without the hassle of actually selling a product, affiliate marketing has an undeniable draw for those looking to increase their income online. But how does an affiliate get paid after linking the seller to the consumer? The answer is complicated. The consumer doesn’t always need to buy the product for the affiliate to get a kickback. Depending on the program, the affiliate’s contribution to the seller’s sales will be measured differently. The affiliate may get paid in various ways:
1. Pay per sale.
2. Pay per Click
3. Pay per Lead
1. Pay per sale.
This is the standard affiliate marketing structure. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of the affiliate’s marketing strategies. In other words, the affiliate must actually get the investor to invest in the product before they are compensated.
2. Pay per lead.
A more complex system, pay per lead affiliate programs compensates the affiliate based on the conversion of leads. The affiliate must persuade the consumer to visit the merchant’s website and complete the desired action — whether it’s filling out a contact form, signing up for a trial of a product, subscribing to a newsletter, or downloading software or files.
3. Pay per click.
This program focuses on incentivizing the affiliate to redirect consumers from their marketing platform to the merchant’s website. This means the affiliate must engage the consumer to the extent that they will move from the affiliate’s site to the merchant’s site. The affiliate is paid based on the increase in web traffic.
https://tapfiliate.com/
Grow Your Business with Affiliate Marketing
Easily create, track and optimize your own affiliate marketing program with Tapfiliate. Our affiliate tracking software integrates seamlessly with your site, so you can begin using affiliate marketing to grow your business in just minutes.
We believe that advertising is a great driver for a lot of good things on the internet
The wealth of free content for everyone to enjoy, exists mostly because of advertising.
However, the further we explore technical and novel possibilities of online advertising, the further we seem to wander from a balanced model, where consumers, advertisers and content creators all benefit.
We have made it our mission to try and help bring back some balance to the ecosystem. We believe that putting the human touch back into advertising will be a great step towards a better ad experience so that people can enjoy advertising again.
Because affiliate marketing works by spreading the responsibilities of product marketing and creation across parties, it manages to leverage the abilities of a variety of individuals for a more effective marketing strategy while providing contributors with a share of the profit. To make this work, three different parties must be involved:
A quick and inexpensive method of making money without the hassle of actually selling a product, affiliate marketing has an undeniable draw for those looking to increase their income online. But how does an affiliate get paid after linking the seller to the consumer? The answer is complicated. The consumer doesn’t always need to buy the product for the affiliate to get a kickback. Depending on the program, the affiliate’s contribution to the seller’s sales will be measured differently. The affiliate may get paid in various ways:
1. Pay per sale.
2. Pay per Click
3. Pay per Lead
1. Pay per sale.
This is the standard affiliate marketing structure. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of the affiliate’s marketing strategies. In other words, the affiliate must actually get the investor to invest in the product before they are compensated.
2. Pay per lead.
A more complex system, pay per lead affiliate programs compensates the affiliate based on the conversion of leads. The affiliate must persuade the consumer to visit the merchant’s website and complete the desired action — whether it’s filling out a contact form, signing up for a trial of a product, subscribing to a newsletter, or downloading software or files.
3. Pay per click.
This program focuses on incentivizing the affiliate to redirect consumers from their marketing platform to the merchant’s website. This means the affiliate must engage the consumer to the extent that they will move from the affiliate’s site to the merchant’s site. The affiliate is paid based on the increase in web traffic.
https://tapfiliate.com/
Grow Your Business with Affiliate Marketing
Easily create, track and optimize your own affiliate marketing program with Tapfiliate. Our affiliate tracking software integrates seamlessly with your site, so you can begin using affiliate marketing to grow your business in just minutes.
We believe that advertising is a great driver for a lot of good things on the internet
The wealth of free content for everyone to enjoy, exists mostly because of advertising.
However, the further we explore technical and novel possibilities of online advertising, the further we seem to wander from a balanced model, where consumers, advertisers and content creators all benefit.
We have made it our mission to try and help bring back some balance to the ecosystem. We believe that putting the human touch back into advertising will be a great step towards a better ad experience so that people can enjoy advertising again.