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Affiliate, Partner &  Associate

 

What You Need to Know About Affiliate, Partner &  Associate Marketing

Well you have finally done it. You have packed in the rubbish job and told your boss exactly what you think. You have taken the plunge and made the decision to begin your own Affiliate, Partner &  Associate marketing business. Affiliate, Partner &  Associate marketing can be very lucrative. It provides people with the opportunity to work for themselves with very little risk to them. Those that are sales savvy, good at marketing and are not afraid of a little hard work can often do incredibly well with an Affiliate, Partner &  Associate marketing program.

Affiliate, Partner &  Associate marketing sounds easy but you do need to exercise some caution. You want to avoid the Affiliate, Partner &  Associate marketing pitfalls that can ruin your business and worse, have you crawling on your hands and knees back to that boss that now knows how you truly feel.

People tend to get excited when they start a new venture. Unfortunately this excitement and eagerness can cause them to miss key things in their agreement. Whenever you sign up for an Affiliate, Partner &  Associate marketing program, you will be expected to sign an agreement. The terms and conditions of the agreement for both sides should be outlined. However, if they want to hide something this is where they will put it. It will either be in the small print, so get your magnifying glass out, or they will baffle you with legal language. Either way, you need to read and understand your agreement thoroughly to avoid disappointment and lost earnings.

If you are signing up for a commission based Affiliate, Partner &  Associate marketing program then you need to understand how the term revenue is defined. This is one of the biggest pitfalls of the contracts. They may advertise 5-10% commissions but it all fall on how they define revenue. Most Affiliate, Partner &  Associate marketing programs will calculate commission on the gross value of the sale. In other words, the amount of money the site will get at the completion of the sale. You may think that this sounds great. However, you need to read this part of the agreement very carfully. The amount of the sale almost always excludes credit card or debit card payment surcharges. They also are likely to exclude payment and delivery charges as well as any gift wrapping or other surcharges. What sounded like a nice commission is soon shrinking before your eyes. Ask these questions specifically before you sign an agreement.

Some Affiliate, Partner &  Associate programs are even stricter in their definition of revenue. Your commission may be based on the profit margin of the sold product. For example, if you help sell a book for 20 dollars but the company only makes 10 dollars profit, you’ll receive a percentage of 10 dollars not 20. This can make a substantial difference in your earnings. Again, make sure you understand these things and ask specifically what your commission will be based upon. Read your agreement and look out for odd sounding clauses. These could come back to haunt you later.

Something else to beware of when you work on commission is returns. Many Affiliate, Partner &  Associate marketing companies only pay commission out on completed sales and then only if the customer keeps the item. If they return the items your commission could be cancelled. To really rub salt in the wounds, you could be billed for the outstanding commission if you do not have sufficient commission credit built up. Make sure you understand this before signing on. You cannot expect a company to pay you a commission on an item that is returned but make sure you understand their return policy. Find out your rights in this situation.

Affiliate, Partner &  Associate marketing can be a great way to earn money. If you have good sales and marketing skills then it can give you the opportunity to out them to good use. You’ll be able to work for yourself and not someone who undervalues and does not appreciate them. One needs to consider Affiliate, Partner &  Associate marketing carefully. Make sure you understand your agreement and exactly what you will be paid for. You don’t want to have to go crawling back to your boss begging for your old job back.

 

What You Need to Know About Affiliate, Partner &  Associate Marketing

Well you have finally done it. You have packed in the rubbish job and told your boss exactly what you think. You have taken the plunge and made the decision to begin your own Affiliate, Partner &  Associate marketing business. Affiliate, Partner &  Associate marketing can be very lucrative. It provides people with the opportunity to work for themselves with very little risk to them. Those that are sales savvy, good at marketing and are not afraid of a little hard work can often do incredibly well with an Affiliate, Partner &  Associate marketing program.

Affiliate, Partner &  Associate marketing sounds easy but you do need to exercise some caution. You want to avoid the Affiliate, Partner &  Associate marketing pitfalls that can ruin your business and worse, have you crawling on your hands and knees back to that boss that now knows how you truly feel.

People tend to get excited when they start a new venture. Unfortunately this excitement and eagerness can cause them to miss key things in their agreement. Whenever you sign up for an Affiliate, Partner &  Associate marketing program, you will be expected to sign an agreement. The terms and conditions of the agreement for both sides should be outlined. However, if they want to hide something this is where they will put it. It will either be in the small print, so get your magnifying glass out, or they will baffle you with legal language. Either way, you need to read and understand your agreement thoroughly to avoid disappointment and lost earnings.

If you are signing up for a commission based Affiliate, Partner &  Associate marketing program then you need to understand how the term revenue is defined. This is one of the biggest pitfalls of the contracts. They may advertise 5-10% commissions but it all fall on how they define revenue. Most Affiliate, Partner &  Associate marketing programs will calculate commission on the gross value of the sale. In other words, the amount of money the site will get at the completion of the sale. You may think that this sounds great. However, you need to read this part of the agreement very carfully. The amount of the sale almost always excludes credit card or debit card payment surcharges. They also are likely to exclude payment and delivery charges as well as any gift wrapping or other surcharges. What sounded like a nice commission is soon shrinking before your eyes. Ask these questions specifically before you sign an agreement.

Some Affiliate, Partner &  Associate programs are even stricter in their definition of revenue. Your commission may be based on the profit margin of the sold product. For example, if you help sell a book for 20 dollars but the company only makes 10 dollars profit, you’ll receive a percentage of 10 dollars not 20. This can make a substantial difference in your earnings. Again, make sure you understand these things and ask specifically what your commission will be based upon. Read your agreement and look out for odd sounding clauses. These could come back to haunt you later.

Something else to beware of when you work on commission is returns. Many Affiliate, Partner &  Associate marketing companies only pay commission out on completed sales and then only if the customer keeps the item. If they return the items your commission could be cancelled. To really rub salt in the wounds, you could be billed for the outstanding commission if you do not have sufficient commission credit built up. Make sure you understand this before signing on. You cannot expect a company to pay you a commission on an item that is returned but make sure you understand their return policy. Find out your rights in this situation.

Affiliate, Partner &  Associate marketing can be a great way to earn money. If you have good sales and marketing skills then it can give you the opportunity to out them to good use. You’ll be able to work for yourself and not someone who undervalues and does not appreciate them. One needs to consider Affiliate, Partner &  Associate marketing carefully. Make sure you understand your agreement and exactly what you will be paid for. You don’t want to have to go crawling back to your boss begging for your old job back.

 

What Is Affiliate, Partner &  Associate Marketing And Can I Get Rich Using It?

Simply put, Affiliate, Partner &  Associate Marketing is the Internet version of commission sales. You make a deal with a company where they agree to pay you some amount of money to display some type of ad to visitors at your site to get them to go to the company’s site and do something.

That something may be as simple as clicking on the ad itself (Pay Per Click), identifying themselves to the advertiser for further action (Pay Per Lead), or getting the visitor to buy something, either on the s...

Simply put, Affiliate, Partner &  Associate Marketing is the Internet version of commission sales. You make a deal with a company where they agree to pay you some amount of money to display some type of ad to visitors at your site to get them to go to the company’s site and do something.

That something may be as simple as clicking on the ad itself (Pay Per Click), identifying themselves to the advertiser for further action (Pay Per Lead), or getting the visitor to buy something, either on the spot or within an agreed upon timeframe (Pay Per Sale).

There is tremendous debate about who started the first Affiliate, Partner &  Associate program, but Amazon’s is probably the most successful (it was started in 1996). Around that time Linkshare, arguably the first Affiliate, Partner &  Associate network, was launched. I met with the Linkshare folks when they were first getting started, and they struck me as clever people with a great idea. BeFree, another early ad network that is now part of Commission Junction, was another company that got in early.

Unfortunately the dot com bust also caused a bust for Affiliate, Partner &  Associate marketers. Google’s Adsense, combined with a growing economy and Internet ubiquity, brought the business and ecommerce in general back to robust growth.

Can you get rich from Affiliate, Partner &  Associate programs? More generally: Can you get rich from Internet Marketing?

Sure. This is America. Just don’t expect to get rich overnight. There’s no such thing as getting rich quick. It takes time, energy, and a lot of hard work. The poster boy for getting rich off the Internet has to be Darren Rouse of problogger.net. Darren admits to making several hundred thousand dollars a year with his blog, which shows other people how to make money on the Internet.

My first observation in getting back into the online world after six years offline is that the people who seem to be making the most money are the people who have products and services that they sell to people who want to make money on the Internet. I think that’s pretty funny, but it’s not going to last forever.

What’s the formula? It’s all about numbers. Get people to visit your site, engage them with your content and your ideas, and get them to do something that will make you money. The more people you can get to the site, the more chances you have to get people to take the action that enriches you.

Since you’re reading this article I am assuming that you think you have a program for getting people to your site that is working well. If not, you shouldn’t be reading about Affiliate, Partner &  Associate Programs…you should be reading about programs for getting good traffic to your site, which I plan to cover at a later time.

Here are some examples of sites that make money, and how much they make (they are from sites for sale listings around the Internet):

A myspace.com support website has 60,000 unique visitors a day and makes about $1.8M per year.
A free tattoo website has 1,500 visitors a day and makes about $6000 a year.
A weight loss blog has 1,600 visitors a day and makes $36,000 a year.
A dictionary, encyclopedia and reference site has 1,800 visitors a day
and makes $2,400 a year.

How much will you make? It all depends on the nature of your site, how good the content of your site is, how well the ads are integrated into the site, and if you have chosen the right offers for your audience.




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