Affiliate Programs – Definite guide about affiliate programs

So in affiliate programs, affiliate links and banners are two basic thing to know.

Three major roles in affiliate marketing

There are three major roles in affiliates program,  look at them below :

1.  Product owner (the owner of the business)
2.  Affiliates(that is affiliate marketers) and
3.  Buyers / consumers (the people that buys your affiliate product)

How affiliate program works

Hey, I will like to show you exactly how affiliate program works. Based on the roles in affiliate program, I will explain to you how each of them work.

The owner of the the product:

The owner of the product is the one that owns the product or service, it can be in form of eBook, software etc.

Affiliates:

Affiliates are the ones that are interested in promoting and selling the products which the owner has created.

Buyers/consumers:

The people that buys the products which the affiliates promotes.

See the typical example of how affiliate program works below.

Mr John has a product which he wants people to help him sell the product very fast.

Mr James applied to help him {Mr John} to sell his product.

Mr David saw a product promoted by Mr James and he bought the product from Mr James.

Mr John pays a commission to Mr James for the sale he made.

So,  above is the example of how affiliate program works .

There are two ways which affiliate program operates. Below are the two ways which affiliate program operates.

Two ways in which affiliate program operates.

• Sales affiliate program and
• Referral affiliate program

What is sales affiliate program?

Sales affiliate program are those affiliate programs that pay affiliates for referring sales.  People need to buy your affiliate products before you will be paid a commission.

What is referral affiliate program ?

Referral affiliate programs are those affiliate programs that pay affiliates for just referring members to join an affiliate program . You don’t need to sell any product, just to refer people and earn money.

What is the difference between sales affiliate programs and referral affiliate program?

The difference between sales affiliate programs and referral affiliate programs are:

Sales affiliate programs requires you to sell products or services before you are paid a commission while referral affiliate programs requires you to get people to register for a program and get a commission.

Recommended reading for you : How to start online importation business in Nigeria

How to join any affiliate program

Like you already know,  affiliate marketing is all about selling another person’s products or services and in return you get a commission. Before you join any affiliate program, the first step you need to take is to

make a thorough research about the particular affiliate program which you want to join.

Take your time to discover how it works.

You can consider reading their terms and conditions to know exactly how they pay their commission.

Once you are done with your thorough research about the affiliate program which you want to join.

The next thing you should do is to go straight to their affiliate registration page and register your account.

If your account is not activated immediately,  then you need to wait till you are approved to become an affiliate.

Conclusion:

Affiliate programs are said to be the promoting and selling another person’s products or services and in return you get a commission.

According to Neilpatel, he said :

For 99% of people, affiliate marketing is how they get started.

Read more about Neilpatel’s article on Affiliate marketing made simple: A- step-by-step-guide

Recommended reading for you: List of best affiliate marketing websites in Nigeria

AffiliateCashSystem

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