What is An Affiliate Program?
An Affiliate Program is a commission based system where a company pays you a commission (also known as a Referral Fee) percentage when a visitor of your website, blog or social media sites, ends up purchasing a product.
EXAMPLE: We’ll use ClickBank as an example because they have an Affiliate Program.
Let’s say you have a website that is reviewing a particular software and it costs $100. On your software review webpage, you will have a special affiliate link that takes people to ClickBank and everytime someone buys that software (who come from your link), you get a commission of 30% to 75% based on the volume of monthly sales. That equates to $35 to $65 per sale.
ClickBank handles all the payments, tracks all of your commissions and even provides you the links and tools needed.
Essentially, all you need to do is drive traffic to ClickBank and they’ll take care of the rest.
Creating an internet business is all about doing the learning and the work once and then letting your online system do the work over and over again for you. In that way, it really is magic. But you have to do the work once first!
How Do You Get Paid?
The affiliate gets paid good commissions each time he or she promotes a merchant’s products and services. Therefore, if you join Clickbank or Amazon Affiliate Program, you get to promote their products. Each time a visitor sent from your website makes a purchase from them you will get paid a commission.
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