Affiliate Marketing
Wednesday, June 10th, 2009What is Affiliate Marketing?
Affiliate Marketing is an internet based marketing practice where a business rewards an affiliate for each customer resulting from the efforts of the affiliate. Basically a well managed way of earning commissions on products you promote.
Affiliates are also called promoters, publishers or associates.
The concept of revenue sharing —paying commission for referred sales—predates affiliate marketing and the Internet. The internet provided an excellent mechanism for tracking and rewarding the delivery of customers.
An example of an early affiliate program, online bookstore Amazon, launched its associate program in July 1996. Amazon associates could place banner or text links on their own site for individual books, or link directly to the Amazon home page. When visitors clicked from the associate’s (affiliate’s) website through to Amazon and purchased a book, the associate received a commission. This program used the basic principles of affiliate marketing.
Affiliate marketing has grown quickly since its inception. The ecommerce website, viewed as a marketing toy in the early days of the Internet, has become an integrated part of the overall business plan and in some cases grown to a bigger business than the existing offline business.
Affiliate marketing is an excellent way to generate income. It can be built gradually whilst holding down a ‘real job’. Costs are very minimal and mainly requires time. It is not physically demanding so suits those who Kevin Rudd is making work longer. The more time you put in the more you learn and the more you make. It can provide pin money to retirement income to lifestyle of the rich.
This is how WallCann started. Affiliate income built WallCann and now WallCann employs a team of talented people building and managing online marketing solutions. It has become a ‘real job’.
Also WallCann has built an affiliate system that provides what affiliates need. Built by super affiliates to create super affiliates. Join Now.