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Author: shakshi dutta
Date Created: Feb 21, 2009 - 10:17:05 PM
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Affiliate marketing is a popular, Internet-based marketing method, wherein a business rewards one or more affiliates for each visitor or customer brought about by the efforts of the affiliate. This modern marketing method is increasingly being used by Web sites for better revenue generation.
The Internet is filled with thousands, or possibly millions of online affiliate networks that give various unique offers for both merchants and affiliates. Each marketing program has its own set of advantages and disadvantages. For more details www.affiliate-manager-pro.com The system of payment is based on a variety of principles, as agreed upon by a merchant and his affiliate/s.
Basic Facts To Learn In Getting Revenues
There are certain methods of running an affiliate program, and there are certain ways of doing things right. The same goes for affiliate marketing as well. To multiply your chances of assured success and acquiring more considerable revenues in the affiliate marketing business, it is important to follow certain guidelines and remember a few important tips. These will help you race ahead of your competitors in the business.
One major aspect is that, if you have found a model, or method that has provided the desired success and has proved its efficiency time and again, it is better to use the same model for other projects as well. For more details www.articles-page-machine.com Since the model has already been tried and tested, it would be a safe bet for assured success in all endeavors.
Different Types Of Marketing Schemes
Affiliate networks today have broadly the following types of payment processes and methods, and each method may not be suitable to some, however for others, it serves as the right avenue for widening their marketing reach, and earning significant revenues.
- Pay Per Click. In these kinds of of system, the merchant pays a predetermined amount to affiliates for every click that is generated through the latter's promotional campaign on his website. Commission is therefore paid on the basis of number of visitors who are routed through the affiliates website. Usually, these methods do not generate a considerable amount of money for affiliates, as the amount of commission is relatively small.
- Pay Per Lead. In pay per lead programs, affiliates get commissions only when a visitor turns into a prospective buyer. And even though this may not eventually turn into a sale, a lead nevertheless is beneficial for a merchant.
- Pay Per Sale. This is probably the most common method in online affiliate programs. In this system, an affiliate is liable to a predetermined amount of commission on the sale of products or services made by the merchant. Generally, these payment system also has the option of offering incentives and gifts to affiliates who perform exceedingly well in diverting traffic to merchant's websites.
- Flat fee system. Many of these types include both pay per sale and pay per lead aspects of affiliate marketing. A predetermined amount is paid on per customer or per order basis. However, this kind of affiliate method is not very popular and does not find many takers.
According to marketing experts, a good way of succeeding in this field is to let affiliates invest back a minimum of 30% of the revenue earned. this will help the affiliates in expanding and growing faster in the industry. All strategies and plans must be aimed at directing the maximum traffic to the websites.
If a particular affiliate method is not bearing the desired results, then the affiliates and merchants should together make considerable changes in the marketing program. It is always wise to opt for such affiliate programs that are easy to market and yield high results.
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