A vast number of individuals are making their way to the internet to take on the task of increasing their cash flow. Advertisements online, in newspapers, billboards and television all proclaim the possibility that there is money to be made quickly, easily, and painlessly. However, not all affiliate programs are created equal, so your own due diligence is a must.
When responding to one of these advertisements, it is best to understand what type of program you may be considering. If you are not going to set up shop yourself - make and run your own website - your next course of action will be joining the right affiliate program.
In order to understand what your chosen affiliate program has to offer, exploring and understanding some broadly used terms is in order:
Affiliate Program
This term is used interchangeably with the words Associate Program, Partner, Referral or Revenue Sharing Program. Payouts vary from pay per lead to full commission on sales. Always be sure to read the details and know what you are joining prior to signing up.
Affiliate Program Network
Ever come across a web site geared toward both the advertiser (affiliate program owner) and "publisher?" This is an affiliate program network.
Groups of affiliate program owners post their affiliate program opportunities inside these networks, making the affiliate's (aka publisher's) job of finding the perfect affiliate program "easier." Typically listed by category or type, finding something suitable can still be a challenging chore. Longevity and payment history should be investigated as you make your choice(s).
Affiliate Program Directories
Another source for locating the right affiliate program, directories are listings of available money-making possibilities online. Information is most often provided by the affiliate program owner, so checking out the website first should be your top priority. Again, background research into the affiliate program is always advisable.
Affiliate Program Marketing
Even with a 10 year (plus) history, the term "affiliate [program] marketing" has never been so confusing. According to Wikipedia.org:
"Increasingly, voices in the industry are recommending that "affiliate marketing" be substituted with an alternative name. The problem with the term affiliate marketing is that it is often confused with network-marketing or multi-level marketing. "Performance marketing" is a common alternative, but other recommendations have been made as well."
Ask your neighbor what they think "affiliate marketing" is and, assuming they will even hazard a guess, they will probably respond with the word "Amway." However, nothing could be further from the truth. Nowadays one's choices in regard to an affiliate program are virtually limitless. Many affiliate programs are not MLM. Read the website carefully and any terms of service to ensure you know the type of program you are joining.
Conclusion
This article makes a mere dent in the terms used in connection with affiliate programs, their owners, and their online business "employees." Be sure to educate yourself thoroughly before choosing to join any affiliate program online. Proper research will help ensure your success.
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Richard Morgan highly recommends investigating an easy to get started affiliate program at Affiliate Marketing Steps.com. Click here to sign up for your free affiliate program marketing newsletter.
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