MAKE EXTRA MONEY FROM Refferals
& Affiliate Programs
What
is an Affiliate Program?
Affiliate
programs are also known as associate, reseller, or referral programs.
They are revenue sharing programs between companies (the merchant)
and individuals (the affiliate).
An
Affiliate can be likened to an independent contractor. Affiliates
are basically self-employed people who are marketing the products
and/or services of another company. They are then paid by the company
they represent for referring customers to the company's website.
Put simply, it allows merchants to extend their marketing reach
by advertising on web sites other than their own. Companies
promote their products & services from your website via their
banner. The Affiliate Program banner [on your site] is specific
to pay you commissions for everyone who orders a product via the
affiliate banner link. Flowers, Office Supplies, Computers, etc.
can be ordered from your website and commissions are paid by the
companies directly to you, typically monthly. Joining an Affiliate
Program or Affiliate Network is easy and adding their banner to
your site is simple.
If
you have a service that you provide, you could maximise revenues
by setting up your own affiliate program and letting the power of
the internet expand your market place anywhere in the World.
When
joining a program there are certain things you need to do to maximise
your chances of success. Firstly, make sure the links and adverts
you carry fit the theme of your site. Don't just have a bunch of
links and banners on your site and nothing else. Content is King!
You need to have good content so your visitors will use your site
as a valuable resource.
The
key to success is to choose the right program. Whilst it might be
tempting to go for the program that pays the highest commissions,
you have to be certain that the service you’re promoting is of genuine
interest to the kind of people that are visiting your site, or the
people that you are attracting by advertising.
The
key value to look for when comparing rates is the EPC (Earnings
Per Click). This gives you a value of what a program has paid out,
on average, per hundred clicks received and is a useful guide to
your earnings potential versus what you can realistically spend
in marketing.