Affiliate marketing



Affiliate marketing is the process by which an affiliate earns a commission for marketing another persons or other company's product.
Affiliate marketing can be seen as the process of spreading the product creation and product marketing across different parties, where each party receives a share of the revenue according to their contribution.
The affiliate simply searches for a product and earns a piece of the profit from each sale they make the sales are tracked via affiliate links from one website to another.
This party is occasionally also called as the publisher, it can also range from individual to entire companies. An affiliate promote the single or multiple affiliate products and tries to attract the customers and detailing the value of products.

What is an affiliate networks?

Affiliate networks is a third party that behave as linkage between affiliate and shipper. It allows shipper to find affiliate sites that more easily expands reach to their target audience and it include tracking technology, payment aggregation and processing.

 Aim of affiliate marketing

Fund  
Obtain sales leads 
Goods Awareness
Brand publicity 
Market share 

 How does affiliate marketing work?


Affiliate  marketing is a step by step process

Step 1: The affiliate shows an advertisement for the shipper on their website.
Step 2: Customer  open the site or click the advertisement. 
Step 3: Customer is sent to the shipper site through tracking links.
Step 4: customer purchase on shipper site.
Step 5: Affiliate network record  of purchases and transaction.
Step 6 : The purchase is confirmed by sipper as a valid sale.    
Step 7: Transaction is easily credited to the referring affiliate
Step 8: Affiliate gets paid commission 

Advantage: 

1: Shipper gain a broad platform to sell their products and services.  
2:Shipper reached  new audiences without spending valuable time in searching them. 
3: It required a low cast investment. 
4: Easily promote and resell the products.
5: Working  time is few hours.
6: Reduce diversity risk.
7: Generate new opportunity.
8: Operate from anywhere.

Disadvantage: 


 1: Affiliate catch up in wrong and misleading advertising  in order to get sales commissions. 
2: Shipper may promise high commissions to attract new affiliates then drop commissions rates after a week or more.
3: Affiliates may exploit your rank. 
4: There are also misusing advertising of trade names brands logos.
5: Hardly pay on back-end sales. 
6: No control over affiliate programs.