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What You Need To Know Before Joining Affiliate Programs
What You Need To Know Before Joining Affiliate Programs @2004 by Shelia Garrett
An affiliate program is a revenue-sharing arrangement, whereby the affiliate (you), receive payment from the owner of a product or service that you promote on their behalf. They are also called Associate Programs, Re-seller Programs, Commission or Pay-Per-Sale, Pay-Per-Click and Click-Through Programs.
Affiliates refer surfers to someone else’s product or service, and get paid a “referral fee” or “commission” for every sale that is made. It's a win-win situation! You get extra traffic and sales, and they get a piece of the action for their products being sold.
An affiliate makes a commission that may vary between 5% and 15% of the purchase price. Some programs offer as much as 50%.
There are two types of affiliate programs. They are Single-Tier and Two-Tier. With a single-tier you are paid a commission for any sale that you refer and that’s it. With a two-tier you are paid a small percentage of any sales generated by affiliates that you recruit to join their program. The best tier to join is the Two-Tier.
Who should join Affiliate Programs?
- People looking to
start Internet businesses that do not have a product or service of their own.
- Established e-business owners looking to diversity their income
- E-business owners who have an established Affiliate Program of their own
These are some benefits to joining an Affiliate Program:
- it allows you to start a home business immediately
- you do not need to develop a product or service yourself to sell
- it is a great way to start earning a sizeable income on the internet without many of the hassles that come with running your own business
- They are great tools for promoting your web business
Remember to always read the Affiliate agreement before you sign up for a program. You do not want to do business with a company that has a really high pay out. These programs require you to accumulate hundreds of dollars in sales before they will issue you the first check.
About the Author
Written by Shelia Garrett Shelia Garrett has been on the net for two years. She has joined the number one affiliate program, The Internet Marketing Center (IMC) Affiliate. This program can be found at this website: http://www.marketingtips.com/sr/t.x/792559
Written
by: Shelia Garrett
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