Affiliate marketing is a technique of promoting a business, event, or cause in which an affiliate is given a commission for their promotion efforts. The commission may be based on a sale, a visit or a registration. This concept started in the 1990’s and has been growing steadily ever since.
Businesses offer affiliate programs because they only have to pay the affiliate upon performance. Since the affiliate is paid strictly on commission, the business doesn’t have a marketing expense until results are achieved. Affiliates enjoy these programs, as it allows them the opportunity to earn a passive income from home.
To find out if a company has an affiliate program, visit their website and try to find a link that says something such as “affiliates” or “associates”. In most cases, this will be found at the bottom of the home page. If the company has an affiliate program, there will be a sign up page. If the company outsourcers its program to an affiliate network, there will be a link to that site.
An affiliate network is a company that manages the affiliate programs for other companies. Two of the most popular ones are Commission Junction and Linkshare. These companies handle affiliate programs for big names such as Wal-Mart, Target, Apple, and more.
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What is Affiliate Marketing?
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