Affiliate marketing is an online sales tactic that lets a product owner increase sales by allowing others targeting the same audience – “affiliates” – to earn a commission by recommending the product to others. At the same time, it makes it possible for affiliates to earn money on product sales without creating products of their own.
The cost to the customer purchasing the product or service through an affiliate is the same as buying directly from the product owner.
While product owners make less money per sale because they must pay a percentage of the sale to the affiliate, they are also reaching potential customers they probably wouldn’t reach on their own.
Affiliates can earn commissions on a one-time purchase or recurring income through sales of subscriptions or membership programs.
Smooth Starting Of Program
We provide a simple to understand as well as a deeply integrated NopCommerce Plugin, which will help our client start the marketing program very easily. This Plugin will Provided all the integration needed for affiliate program to work like unique id, discount integration upper-cap for regular payments.
When someone applies or we recruit someone into an affiliate program, marketers receive a unique URL that includes their affiliate ID. They share that unique URL with their subscribers, site visitors, and social networks via text links or ads. When someone clicks on that link, affiliate software records that click and any resulting product sales in the affiliate’s account. When commissions reach a pre-determined threshold, the affiliate is paid.
Most importantly, FTC guidelines require that affiliates disclose when they’re using an affiliate link, whether it’s on a website or in an e-mail message, tweet, or social network status update.
Affiliates are most successful when the products they promote match the interests of their followers and subscribers. In addition, many successful affiliate marketers advise recommending and promoting only products that the affiliate is personally familiar with. That’s because familiarity with the product, program, or service helps build trust between the affiliate and end-user.