Our Affiliate program was discontinued on August 23, 2022.
Affiliate marketing is an additional tool for promoting a brand and raising income. Affiliate programs make sense for businesses and people who want to set one more channel of earning money.
Three primary roles are involved in an affiliate program:
- a business – the service that launches an affiliate program (like Amazon, Airbnb, Short.cm);
- a partner – the one who takes part in the affiliate program and promote a particular affiliate link to get a reward;
- an internet user – the one who clicks an affiliate link and purchases a product.
There are several types of affiliate programs, depending on the reward a service offers to its partners. The bonus could be paid for:
1. Sales – probably the most effective choice for a business: a partner is paid a particular percentage of the purchase made by an internet user. Money is transferred after a user has made a purchase.
2. Clicks – when an internet user clicks an affiliate link, the partner gets a reward. However, the cost per click is just a few cents, whereas the cost per sale could vary from 5% to 30% of the purchase. By “hanging out” the affiliate link in a “visible” place, partners promote the affiliate link to attract more visitors and clicks.
3. Registration – if a user, who clicks an affiliate link, fills out a form or answers some questions, a partner gets a reward. This scheme is used to conduct marketing research or create a database of potential customers.
What did you learn?
- affiliate marketing
- best affiliate programs short links, URL shortener
- What is an affiliate program and how does it work?
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