Affiliate marketing is a business arrangement that has existed for many years. This is a very basic form, it is a way to pay sales personnel for products or services that have already been sold. Let us look at the various factors involved. Maybe we should study the "who, what, why" of affiliate marketing to understand how it benefits internet marketers.
Who - Affiliate marketing utilizes a partnership involving 2 or more people. The manufacturer owns the product he wants to sell. He will reach an agreement with one or more branches to sell or promote his products. For their efforts, branches will pay commissions for each sale.
What - This type of business plan allows two or more people/companies to earn income or income by working together. Their economic alliance makes money for all participating partners.
Why - In affiliate marketing, the owner of a product/service needs an agent or promoter to help sell his product. Many times, the product owner does not have the time or expertise to sell his product. He asked the branch to help him do it for him.
Where - Partners can use several different ways to promote marketing plans. For our purposes, we will use the Internet to gain the attention of a wide audience. Thinking of the Internet as an electronic highway, we can place advertisements and billboards throughout the landscape for millions of viewers.
How - and how successful is this joint economic risk? Very simple, there is a well-thought-out plan and a lot of hard work! Use a tried and tested cliche, "plan your work ... and develop your plan."
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Orignal From: Affiliate Marketing - Common Interests
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