1.1 What is Affiliate Marketing ?
Affiliate Marketing is a simple way of earning money online by recommending products from online shopping sites. like Amazon https:amzn.to/2xNRj5W
From which your have recommended to purchase the product from. That retailer will pay commission on the purchase of that product.
1.2 How Does Affiliate Marketing Work ?
Essentially affiliate marketing involves a merchant paying a commission to other online entities, known as affiliates, for referring new business to the merchant's website. Affiliate marketing is performance-based, which means affiliates only get paid when their promotional efforts actually result in a transaction.
1.3 common FAQs regarding Affiliate marketing.
IS THERE A COST ASSOCIATED WITH SIGNING UP FOR AN AFFILIATE PROGRAM?
There is no cost for signing up as a partner to promote a brand through their affiliate program. You can sign up for as many programs as you would like across any affiliate network at no cost to you.
WHAT IS A COMMISSION RATE?
Typically, commission rates are based on a percentage of the total sale (e.g. 10%), and in some cases it can also be a flat fee for a transaction. Your commission rate is set by the merchant.
WHO MANAGES YOUR AFFILIATE PROGRAM?
Some merchants manage their affiliate programs in-house, others turn management over to a network or an external agency, sometimes referred to as an OPM (outsourced program management).
WHAT KINDS OF COMPANIES OFFER AFFILIATE PROGRAMS?
There are thousands of companies that offer affiliate programs — from large retailers (Target, adidas, eBay) to small niche retailers. In fact, it’s estimated that over 80 percent of brands utilize affiliate marketing to drive sales, according to a Rakuten Affiliate Network survey.
DO AFFILIATES NEED A CERTIFICATION TO BE AN AFFILIATE?
There is no certification needed. However, we do recommend that you learn as much as possible about what it means to be an affiliate. Fortunately, there is a lot of information out there to help educate new affiliates, including podcasts, blogs, webinars, research reports and much more.
DO AFFILIATES NEED TO HAVE AN ESTABLISHED WEBSITE TO GET STARTED?
Not necessarily. While it is possible to register a site that is not live, it’s important to understand that most merchants look to partner with affiliates who have an established blog/website with a good network of readers/visitors. They also want to work with affiliates who have a track record of providing high-quality content to a targeted, loyal audience that’s relevant to their vertical.
TO BE CONTINUED.... IN SECOND POST
