Affiliates are not employed by the advertiser whose services or product they promote, but the payment systemapplied to affiliate marketing are very similar to the ones used for people in the advertisers nternal sales department phrase, "affiliates are an extended sales force for your business", which is sometimes used to explain affiliate marketing, is not completely accurate. The primary difference between the two is that affiliate marketers provide little if any influence on a possible prospect in the conversion process once that prospect is directed to the advertiser's website.
This is a money sharing venture between a website owner and an online merchant. The company owner will place advertisements on his websites to either help sell the merchant's products or to send potential customers to the merchant's website, all in exchange for a share of the profits.
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There are several ways to earn money through internet marketing every time a potential customer leaves the affiliate website by clicking on the link leading to the merchant's website, a certain amount of money is deposited in the affiliate's account. Perhaps the simplest way to explain affiliate marketing is that it is a way of producing cashflow online where by you as a publisher are rewarded for helping a business by promoting their product, service or site. There are a number of forms of these types of promotions but in most cases they involve you as a publisher earning a commission when someone follows a link on your blog to another site where they then buy something. Other variations on this are where you earn an amount for referring a visitor who takes some kind of action. For example when they sign up for something and give an email address, where they complete a survey, where they leave a name and address etc.
Commissions are often a percentage of a sale but can also be a fixed amount per conversion. For obvious reasons, the shady affiliate marketing business continues to do well because a lot of their deals are targeted at desperate people looking to get rich quick or eliminate all their debt with a magic formula.
Affiliate marketing is being monopolized - good or bad? in the hubpages business & jobs forum affiliate marketing is a web-based marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate's marketing efforts.
This is a legitimate and effective method of making money on the internet without having your own product. It is a very simple business system and is ideal for people with entrepreneurial mindsets.
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