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Top 10 Affiliate Programs – Part 1
https://youtube.com/shorts/JOyiPhisy84
Top 10 Affiliate Programs – Part 2
https://youtu.be/qlyeZJgXQS0
Amazon Associates
https://affiliate-program.amazon.com/
Junction Commission (CJ)
https://www.cj.com/
ShareASale
https://www.shareasale.com/info/
Click on Bank
https://www.clickbank.com/
Shopify Affiliate Program
https://www.shopify.com/ph/affiliates
Affiliate programs are marketing agreements in which individuals or companies, called affiliates, promote products or services offered by another company, called a merchant or advertiser. Affiliates earn a specific commission or reward for each customer they refer to the merchant's website or for each sale made through their promotional efforts.
Here's an overview of how affiliate programs typically work:
Affiliate Registration: Affiliates register for an affiliate program offered by the merchant. This process typically involves providing contact information and agreeing to the program's terms and conditions.
Unique Affiliate Links: Upon approval, affiliates receive unique tracking links or affiliate IDs. These links allow the merchant to track sales or leads from the affiliate's promotions.
Promotion and Marketing: Affiliates promote the Merchant's products or services through various channels such as websites, blogs, social media, email newsletters or other online marketing methods. They include their unique affiliate links in these promotions.
Customer Referral: When a potential customer clicks on an affiliate's link and visits the merchant's website, the tracking system identifies the referral source. If the customer makes a purchase or takes a specific action (like signing up for a service), the affiliate is credited for that referral.
Commission or reward: Affiliates earn a commission or reward based on the agreed terms. Commissions can be a percentage of the sale value, a fixed amount per sale, or a hybrid model combining the two. Rewards may also include bonuses, incentives, or tiered structures based on performance.
Tracking and Reporting: Merchant tracks and records Affiliate referrals and sales through the Affiliate Program tracking system. This data allows both the merchant and affiliate to monitor performance, track revenue, and optimize their marketing strategies.
Payment: The merchant pays affiliates their commissions or rewards based on the program's payment schedule. Payments can be made by different methods, such as bank transfers, PayPal or checks.
Affiliate programs provide benefits to both merchants and affiliates. Marketers can expand their reach, increase brand visibility, and generate more sales through the efforts of an affiliate network. Affiliates, on the other hand, can earn passive income by promoting products or services they believe in, without needing to manage inventory, customer support, or product creation.
It is important to note that the specific details and terms of affiliate programs can vary widely, including commission rates, cookie duration, promotional guidelines and payout thresholds. Affiliates should carefully review the program terms and conditions before enrolling to ensure a clear understanding of the requirements and potential rewards.
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