“Affiliate marketing is one of the oldest forms of marketing wherein you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission.”
This commission varies from $1 to $10,000 depending on what product you are promoting.
Many online companies who sell products such as shoes, web-hosting spaces, or some other service, usually offer an associate program. You can simply sign up for the program and get your unique tracking link.
If your readers buy anything, you will get a commission.
Every affiliate program has a set TOS. For example, many of them offer a 60-day cookie period, which means that if a visitor uses your special affiliate link to land on the sales page of the site and buys something within the next 60 days, you will be entitled to the sale’s commission.
Affiliates:Publishers like you and me who are using affiliate program links to promote and make sales.
Affiliate marketplace: There are many marketplaces like Shareasale, CJ, and Clickbank. These work as central databases for affiliate programs in different niches.
Affiliate software: Software used by companies to create an affiliate program for their product.
Affiliate link: Special tracking link offered by your affiliate program to track the progress of your affiliate promotion.
Affiliate ID: Similar to the affiliate link, but many affiliate programs offer a unique ID which you can add to any page of the product site.
Payment mode: Different affiliate programs offer different methods of payment.
Example: Check, wire transfer, PayPal, and others.
Affiliate Manager/OPM: Many companies have dedicated affiliate managers to help publishers earn more by giving them optimization tips.
Commission percentage/amount: The amount or percentage you will be receiving in affiliate income from every sale.
Landing pages: A unique product sales or demo page used for the purpose of increasing sales. Most of the programs that you will be promoting have many landing pages, and you can run A/B testing to see which pages convert best for you.