Affiliate & Viral Marketing: Spreading The Word
To best explain affiliate marketing, let's reference wikipedia for their definition and illustration:
"Affiliate Marketing is an Internet-based marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate's marketing efforts. It is an application of crowdsourcing...... Affiliate marketing—using one website to drive traffic to another—is a form of online marketing, which is frequently overlooked by advertisers. While search engines, e-mail, and website syndication capture much of the attention of online retailers, affiliate marketing carries a much lower profile. Still, affiliates continue to play a significant role in e-retailers' marketing strategies." As you can see from the illustration to the left, your objective is to have others (affiliates) who are actively promoting your products or services in exchange for a commission for each sale they make through their affiliate site or through an affiliate link back to your site. When a sale is made via an affiliate referral, the site tracks where that sale came from and compensates the affiliate for that sale at the agreed commission. Everybody Wins The right affiliates can literally explode your business. The affiliate is responsible for doing their own marketing and advertising to generate sales and have the advantage of not having to maintain an investory, ship or deliver the goods and services they promote. The business owner wins in that they have no cost in additional marketing or advertising and generate sales that they otherwise would have never had. They don't pay a salary, workmen's comp or insurances they would pay with a paid sales employee. They simply pay the agreed to commission AFTER the sale is made and normally after the return policy on that product or service has expired. Build an army of affiliates around your product or service and watch your business multiply at light speed. | Want to Start Building Your Own Army of Affiliates?
What would it mean to your business if you had a virtual sales force out selling your products or services that you only had to pay when they made a sale? Pretty awesome, don't you think? Let Performance Marketing guide and assist you in putting together an effective affiliate marketing program. We have all the resources you need to put your program together and to go out and start recruiting affiliates to promote your businesses products and services. for more information on our affiliate program services, contact Jim at 920-435-1995 or email webtipsguy@gmail.com today to get started To Register for Performance Marketing's teleseminars, webinars, video tutorials, special reports and more, simply leave your name and email address below. |
