Introduction: What is Affiliate Marketing?
If you run an ecommerce site or work with a marketer, the affiliation is a marketing lever all the more beneficial as its ROI is totally mastered. Indeed, it is a form of performance marketing that involves paying a third party (the affiliate, a website for example) for X or Y action completed. Generation of qualified leads, sales, registration to a loyalty program
For each share and under well-controlled conditions, a percentage of the sale or a fixed amount will be donated to the partner.
So getting into affiliation has a lot of potentials, if you do it right. Choice of tools or platform, supervision of validation conditions, choice of allocation and remuneration model, fight against fraud, setting up regular commercial activities …
Some figures on Affiliation Marketing
affiliate marketing overview
Thus, there is a 10.1% increase in affiliate marketing spending in the United States each year, which means that by 2020, that number will reach $ 6.8 billion.
In 2018, content marketing costs were estimated at 62% of the costs of traditional marketing programs while simultaneously generating three times more revenue than traditional methods. In fact, 16% of all orders placed online can be attributed to the impact of affiliate marketing.
In March 2017, the Amazon Affiliate Program changed, offering rates of 1 to 10% of product revenue to creators, allowing affiliates to significantly increase their passive income based on their Marketing Tools.
For example, Jason Stone’s affiliate marketing, also known as Mentor Millionaire, has reached $ 7 million in retail sales during the summer of 2017.
Read more : builderfly.com/what-is-affiliate-marketing-and-how-you-can-get-started-with-it-in-2019
17 days ago