In internet world when any individual, company or organization markets the products or services of another company through their website is called affiliate program. Companies pay an affiliate commission for each sale generated in exchange for marketing their products and services.
Affiliate programs are present for many different industries, such as travel, clothing, technology, and online services. Affiliate programs provide free marketing for merchants and an additional source of income for the web publishers.
Its commission depends upon average sale of months. For example Low-margin products, such as consumer electronics, may offer commissions as low as 2%, while high-margin products, such as computer software, may offer commissions as high as 75%.
Most affiliate commissions fall in the range of 5 to 20%. You can pay an affiliate marketing agency to go out and find new customers for you to grow your business faster.
Do you know ?
The hard disk was invented on September 13, 1956 by IBM team led by Rey Johnson (considered as “father” of the disk drive). Earlier hard disk drives were large and cumbersome devices.