|
Affiliate - How To SucceedBackground
Affiliate marketing is an internet-centred
sales technique in which a business rewards one or more of its
affiliates for each visitor or customer that is introduced by the
affiliate's marketing efforts. It may also be defined as an internet
version of the well established sales concept of an agent or fee for a
referral basis. An e-commerce affiliate is a website that
links back to an e-commerce site, such as Amazon.com. This form of
internet marketing is also applied by affiliate networks, which act as
an intermediary between publishers, which is another name for
affiliates, and merchant affiliate programs. In this way,
publishers are able to find affiliate programs which are applicable to
their website. It helps websites, which offer affiliate programs, to
reach their target audience. Merchants receive access to tracking
technology, reporting tools, payment processing, and a large pool of
publishers. Affiliates, receive access to new merchants, reporting
tools, and payment collection. Affiliates can join these networks for
free, whereas the merchant has to pay a fee. Many affiliate
networks charge an initial setup fee, and possibly even a recurring
maintenance fee, either monthly or annually. However, not all networks
act in this way. It is not uncommon for affiliate networks to charge
merchants a certain percentage of the commission that is paid to the
affiliates. Some affiliate networks allow the merchant to offer its
publishers a revenue sharing arrangement or a cost per action incentive
as a form of compensation. However, the majority of merchant programs
give preference to the revenue sharing procedure rather than the cost
per action method. Affiliate marketing coincides with other
internet marketing approaches, and affiliates, like other internet
users, use universally accepted advertising methods. Such methods include: Organic
search engine optimisation. This is a method of increasing the volume
of traffic to a website. This form of traffic is generated from search
engines by way of normal search results obtained from targeted
keywords. Normally, the earlier a site is presented in the Search
Engine Results Pages, or SERPS, or the higher it is ranked by the
search engines, the more searchers will visit that site. Paid
search engine marketing, is a form of internet marketing that aims to
promote websites by increasing their ranking within the search engine
result pages, or SERP’s. Email marketing, which involves the use of emails to communicate directly. Display advertising, which is often applied to posters positioned to receive maximum exposure. Alternatively,
affiliates may use less orthodox methods, such as offering to publish a
series of relevant reviews relating to various products or services. The
role of affiliate marketing is to drive internet traffic between
websites. However, there are other methods that are also effective.
These include email, the use of search engines, and website syndication
such as RSS, which is a web feed used to publish regularly updated
items such as audio, and video. Publishers benefit by using web feeds
since it allows them to distribute content over a wide area both
quickly and automatically. Readers benefit since they can subscribe to
frequent updates from favored websites or to consolidate feeds from
many sites into one place.
|
|