Affiliate Marketing is one of the comfortable ways for most of the Affiliate Marketers to make passive income online just by promoting others products. If you’re a newbie who doesn’t know anything about the term Affiliate Marketing then we have brought before Affiliate Marketing 101: The Complete Guide that will teach you all about Affiliate Marketing, its Jargons, How Affiliate Marketing got started, What is the background of it, What are its Pros & Cons, How it works, How to make money through affiliate marketing and much more.
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Affiliate Marketing 101: The Complete Guide For Beginners
What Is Affiliate Marketing?
Affiliate Marketing is the process of promoting the merchant products to the customers and each customer that you refer to the Merchant and then purchases anything from the merchant’s site, you get a Commission, Bounty or also known as CPA for that action.
Here let me show an example of the Payoneer Affiliate Program. Payoneer offers an Affiliate Program to Affiliate Marketers to promote Payoneer, bring new customers to it and for each new customer that you bring to Payoneer, you will earn a whopping bounty.
How it works, let me share with you here.
Step 1:- Sign up for Payoneer Affiliate Program.
Step 2:- Once your account is approved, just log into your affiliate account and copy your unique tracking link.
Step 3:- Promote your tracking link and whoever registers with Payoneer through your unique tracking link and receives at least $1000 into his/her account, you will earn the commission.
Affiliate Marketing Pillars
There are 4 main Affiliate Marketing pillars on which the whole marketing process is based on.
Merchant is also called as the Creator or the Producer of the products. It also gives the Affiliate Program to the Affiliate Marketer or the Promoter and pays a commission to the Affiliate for successfully referring a customer.
2. Affiliate Marketer
It’s the one who signs up for the Merchant’s Affiliate Program and promotes the Merchant’s products for earning money & commission.
It’s the one to whom the Affiliate Marketer promotes the Merchant’s products & refer to the Merchant’s site. Once this customer is referred to the Merchant’s site and he/she made a sale there, the Affiliate or also known as Affiliate Marketer earns a commission for that sale.
4. Affiliate Network
This is the network that connects Merchants & Affiliate Marketers and provides promotional tools & resources and is responsible for other tracking processes.
Final Words ⇒
Our Affiliate Marketing 101: The Complete Guide Infographic has all the info that you are looking for to learn about Affiliate Marketing. In case you got any question in your mind, don’t hesitate to ask it below in the comments.