What is in a affiliate program?
An affiliate program is basically a deal between a company and a person (or another company) where:
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The company wants to sell more of its product or service.
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The affiliate (that's the person or partner) promotes the product, usually online (like on a blog, Instagram, YouTube, etc.).
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When someone clicks the affiliate's special link and buys something (or signs up, depending on the program), the affiliate gets a commission — like a percentage of the sale or a set fee.
A typical affiliate program includes:
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Unique tracking links: So the company knows who referred the customer.
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Commissions structure: How much money affiliates earn per sale or action.
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Payout methods and schedule: How and when affiliates get paid (PayPal, bank transfer, monthly, etc.).
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Marketing materials: Some companies give banners, email templates, images, and other resources to help affiliates promote.
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Rules and guidelines: Stuff like "don't spam people" or "only advertise in certain ways."
Example:
Amazon's Affiliate Program lets you link to any product on Amazon, and you can earn a small percentage if someone buys through your link.