You are highly welcome to 2k online business blog,
today, I shall be discussing with you what an affiliate program means and why
we are bringing up the topic here under our blog post.
INTRODUCTION:
Many people want to venture or start their own
affiliate program but they don’t know exactly what an affiliate program means
and why they should start it from the first place.
What is Affiliate Program?
An Affiliate Program is a type of online business
module whereby a company have a company have access to a wide varieties of
product and want someone called the affiliate to help them promote their
product and get some commission along the line for doing just that.
What is an Affiliate?
An Affiliate is the person who promote the product
the affiliate company otherwise called a machant is selling. An Affiliate gets
a percentage commission when a sale is made through the promotion of the product.
When you take a look at an Affiliate Program, you
will discover that there is a relationship and chain of distribution that facilitate
the whole process and I am briefly going to analyze it for you.
Company ->Product->Affiliate Recruitment
->Tools->Affiliate ->Sale ->Affiliate Commission ->buyers
Satisfaction
Following the above simple sketch you will discover
the simple chain of distribution that take place in an Affiliate program.
First, A Company will normally lunch or create products and these really need to sale
their product to the public
Second, this Company will look for people who can
help them promote the same product to the public these becomes Affiliate Recruitment
Third, the company will offer series of tools and
means to promote the product, these tools can be Banner Ad, Text, Sponsored
Post, Videos, and Links etc.
Fourth, the Affiliate after getting accepted to
promote the company product, will be giving access to the above tools and
membership grant to promote the product through a Blog Post, Social Media, Emails
etc.
Fifth, along the line, the Affiliate may drive a
sale to the product he or she is promoting and that will eventually turn out to
be a sale.
Six, when the Affiliate have finally get sale the
company product, the company normally pay the affiliate a certain amount of
commission otherwise called Affiliate Commission
Seven, after the whole process have being complete
the buyer of the product get immediate delivery of the product he or she
purchase and if he or she likes the product it give him or her the buyers
Satisfaction is looking for.
The above are the Key area and chain of distribution
of affiliate program and any affiliate program must pass through this affiliate
chain of destruction before affiliate program get complete.
Physical Product VS Digital Product
1.Physical
Physical product is the type of affiliate product that need physical shipment to the buyer before the affiliate chain of distribution get completed, what this means is that the company is actually dealing on physical that need to be ship out from the company to the buyers destination.
Physical product is the type of affiliate product that need physical shipment to the buyer before the affiliate chain of distribution get completed, what this means is that the company is actually dealing on physical that need to be ship out from the company to the buyers destination.
2.Digital Product
This kind of product requires no physical delivery
of the product from the company to the buyer. Once the buyer place an order,
the product is delivered via email Address.
Which Product should I Promote?
Normally both, means of promoting of product are
okay. The only Disadvantage of Physical product is that the company has to ship
the product to seller and the product may get damage along the line of shipment
which may lead for buyers Satisfaction not reach and the company may decide not
to give you the commission of the product except when the product is deliver to
the buyer while digital product seems to be very easy because delivering of
product is normally done via email Address. I encourage you to start promoting
Digital Product instead of promoting Physical Product. I shall be stopping here
on what is Affiliate program, Our next topic will go into details about
affiliate program and how you can actually start it. Keep a date with us.
