Read Moya’s Article: Just What is an Affiliate Program and Why Do I Need One?
Read Cody Moya’s article titled “Just What is an Affiliate Program and Why Do I Need One?”.
Cody Moya’s article is reprinted here.
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Just What is an Affiliate Program and Why Do I Need One?
Many owners or would be owners of online businesses have heard of affiliate marketing, but many of those owners are unsure just what affiliate programs really are and how they can help business owners profit. Understanding what affiliate programs are and how they can be used is one of the most important things for any new business owner to grasp, since the choice of the right affiliates can have a significant impact on the bottom line.
Simply put, an affiliate program is a system whereby the owner or manufacturer of a product allows a network of people outside that company to promote the product for them. In exchange those who promote the product or products are entitled to a percentage of the sales and profits that are generated. In this way, the affiliate program works like a sales force, but a sales force that harnesses the vast power and reach of the internet to reach a huge audience.
The power of affiliate marketing is easy to understand. Instead of the product being sold by a single source, affiliate marketing allows hundreds of different people to market and sell those products, and this greatly increases the chances of new people finding the products you have to sell. This network approach has a great many advantages, including greater reach, more visibility and of course more profits for the owner of the business and for the affiliated web sites.
The beauty of affiliate marketing is that it provides a win win situation for all parties involved. The owner of the referring web site is entitled to a cut of each sale made through the affiliate links placed on their web sites, and this of course gives those web site owners a built in incentive to market those products effectively.
And of course the owner of the product or products being sold profits from a stronger marketing network, reaching many times the amount of potential customers they could reach on their own. The affiliate network works to spread the word about the product being sold far and wide, and this can in turn provide greater profits, and additional streams of revenue, for the owner of the products being sold.
ABOUT THE AUTHOR:
Cody Moya writes about “Affiliate Program Creation And Management” in his Free Courses on Internet Marketing. You can sign up for his free Courses and get additional information at his website: http://FreeInternetMarketingCourses.com
*IMNewswatch would like to thank Cody Moya for granting permission to reprint this article.
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