99% of people start with affiliate marketing. The idea is to sell other people's products through an affiliate link and earn a commission. But what is the process? Here we have covered a detailed working of affiliate marketing, have a look!
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How does affiliate marketing work?
1. HOW DOES AFFILIATE
MARKETING WORK?
Affiliate marketing is a system where each
party shares the revenue of its successful
contribution.
It has two sides:
The product creator or seller1.
2.The affiliate marketer
Step 1. Affiliate sign up for merchant affiliate program
Step 2. Affiliate uses the special link given by the merchant
program wherever they mention the product on affiliate websites.
Step 3. Customer visit affiliate websites
Step 4. Customer click on the affiliate link and land to the
merchant site.
Step 5. Customer purchase the product.
Step 6. Merchant detects the purchase happen from the link
shared to the affiliate
Step 7. An affiliate gets paid a commission for the referral.
AFFILIATE MARKETING
FRAMEWORK HAS 3 CHANNELS
2.The Publisher is also known as
an advertiser. This marketer
advertises the products or
services to reach the potential
customers.
3.The Consumer allows the
affiliate marketer to run along for
the offers and discounts. With
successful deals, there won’t be
any commission to distribute.
1.The Merchant creates an
item, product, or service
and wants to sell.
The affiliate marketer uses social media, landing pages, search engines, content
marketing to attract prospects. As the affiliate system has the tracking framework
at the back-end to verify each sale happens from the affiliate marketer, so you
can’t cheat here.
Affiliate Marketing Example-