Affiliate Marketing

Affiliate Marketing

What is Affiliate Marketing?

​Affiliate marketing is the process by which an affiliate earns a commission for marketing either a product or service from another company or partner.

How do they earn?

When the affiliates promotes that product or service, he or she will earn a reward (certain amount of commission) from each sale that he or she make.
These sales are tracked via an affiliate links that was given to them. 

1. Pay Per Sale : the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases through their site.
2. Pay Per Lead : based on the conversion of leads such as filling out a online form or signing up a trial of a product/service.
3. Pay Per Click : generating traffic to website and getting the consumers to take action. The affiliate is paid based on the increase in web traffic.  It can in the form of Cost-Per-Acquisition (CPA) or Earnings-Per-Click (EPC). 
4. Pay Per Install : to get consumer install a mobile app or a software via merchant's website.

Who are the parties involved?

1. Seller or Product Creator
2. The Affiliate or Publisher
3. The Consumer

What is the 3 Types of Affiliate Marketing?

Unattached Affiliate Marketing	Advertisers in this model don't have any connection with the product or service they're promoting. ​Affiliates are not required to provide recommendations or advice since they are not attached to the potential customer and product.
Related Affiliate Marketing	Affiliates generally make connections between their niche and the product or service they promote. The affiliate is able to generate traffic thanks to his influence and expertise, and their authority makes them a reliable source of traffic. ​Affiliates do not make any claims regarding the effectiveness of the product or service.
Involved Affiliate Marketing	Having used or currently using the product, they are confident that others can benefit from their experiences. Their experiences serve as advertisements, and they provide trusted information. ​As they are providing recommendations, they may also lose their reputation as a result of problems related to the offering.

What so great about being affiliate marketer?

1. To receive passive income even when you are sleeping or having a vacation
2. No need to do customer service or follow up after sales as this will be done by the merchant itself
3. Who don't wish to work from home, right?
4. Very convenient as all the information can be easily obtain from the merchant

The different types of Affiliate Marketing channel?

1. Bloggers
2. Influencers
3. Email
4. Paid Search Focus Sites
5. Large Media Sites