{"id":7520,"date":"2014-06-05T18:42:05","date_gmt":"2014-06-05T18:42:05","guid":{"rendered":"http:\/\/www.123print.com\/blog\/?p=7520"},"modified":"2015-07-16T18:44:47","modified_gmt":"2015-07-16T18:44:47","slug":"affiliate-marketing-what-it-is-and-how-to-get-started","status":"publish","type":"post","link":"https:\/\/blog.123print.com\/blog\/affiliate-marketing-what-it-is-and-how-to-get-started\/","title":{"rendered":"Affiliate Marketing \u2013 What It Is And How To Get Started"},"content":{"rendered":"<p><figure id=\"attachment_7522\" aria-describedby=\"caption-attachment-7522\" style=\"width: 540px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-7522  \" alt=\"Affiliate Marketing - What it is and how to get started\" src=\"http:\/\/blog.123print.com\/blog\/wp-content\/uploads\/2014\/06\/Affiliate-Marketing-What-it-is-and-how-to-get-started.jpg\" width=\"540\" height=\"255\" srcset=\"https:\/\/blog.123print.com\/blog\/wp-content\/uploads\/2014\/06\/Affiliate-Marketing-What-it-is-and-how-to-get-started.jpg 1000w, https:\/\/blog.123print.com\/blog\/wp-content\/uploads\/2014\/06\/Affiliate-Marketing-What-it-is-and-how-to-get-started-300x141.jpg 300w\" sizes=\"(max-width: 540px) 100vw, 540px\" \/><figcaption id=\"caption-attachment-7522\" class=\"wp-caption-text\">[credit: tweakyourbiz.com]<\/figcaption><\/figure><span style=\"font-weight: bold; font-size: 18px; color: #ff771c;\">What is Affiliate Marketing?<\/span><\/p>\n<p>Affiliate marketing basically stemmed from the realization that companies had an opportunity to market their products and services to consumers with the millions of websites that are visited each day. At the same time, website owners were realizing that they should be compensated for the hard work they put into providing their visitors valuable content. So, affiliate marketing emerged as a solution to help form relationships between advertisers (your business), publishers (websites that promote your business) and consumers (people you hope to buy from your business).<\/p>\n<p><!--more--><\/p>\n<p>More clearly defined, an <b>advertiser<\/b> is a company that sells a product and\/or service and is willing to pay others to help sell and promote them. A <b>publisher<\/b> is a company (or in some cases, an individual) that promotes an advertisers\u2019 product and\/or service in exchange for a payment (in most cases, this payment is in the form of a commission based on sales). Advertisers and publishers enter into an agreement with each other where the advertiser provides the publisher with whatever they need, such as creative banner ads, text ads, links, etc., to successfully advertise their product and\/or service. Finally, a <b>consumer<\/b> solidifies the relationship. The consumer, presumably a visitor on the publisher\u2019s website, sees an advertiser&#8217;s ad and clicks through to (hopefully!) make a purchase.<\/p>\n<p><span style=\"font-weight: bold; font-size: 18px; color: #ff771c;\">How does Affiliate Marketing work?<\/span><\/p>\n<p>Please meet every affiliate marketers best friend \u2014 the cookie. Unfortunately, we\u2019re not talking about Grandma\u2019s homemade chocolate chip cookies. We\u2019re talking about an internet cookie \u2014 a technology that works with web browsers to store information. When it comes to affiliate marketing, a \u201ccookie\u201d is put into a consumer\u2019s browser when they click through an ad on a publisher\u2019s site onto an advertiser\u2019s site. SO what is this cookie storing? It is storing info such as who the advertiser is, who the publisher is, the specific ad the consumer clicked through, commission amount determined in the advertiser\/publisher agreement, etc.<\/p>\n<p><span style=\"font-weight: bold; font-size: 18px; color: #ff771c;\">How do I get started?<\/span><\/p>\n<p>If you\u2019ve determined affiliate marketing is the right choice for your business, what are you waiting for? If you\u2019re getting ready to do some serious affiliate marketing, it may be best to consider joining a network like <a title=\"www.cj.com\" href=\"http:\/\/www.cj.com\/\" target=\"_blank\" rel=\"nofollow\">Commission Junction<\/a> or <a title=\"www.linkshare.com\" href=\"http:\/\/www.linkshare.com\/\" target=\"_blank\" rel=\"nofollow\">LinkShare<\/a>. Some factors you\u2019ll want to think about when setting up your program are:<\/p>\n<ul>\n<li><strong>What kind of commission do I want to pay my Publishers?<\/strong> Do I want to do a percentage of sales or a fixed amount? Note that as you get more advanced, you can offer different types of commissions on different types of purchases.<\/li>\n<li><strong>What kind of referral period do I want to set?<\/strong> As in, how long will I allow cookies to be stored in consumers\u2019 browsers while still paying out publisher commission? A good tool to determine this time frame is to look at your Time to Purchase tab in Google Analytics. Do the majority of your customers purchase within one day? If so, you may want to consider a shorter referral period.<\/li>\n<li><strong>Do you want to limit the number of referrals that come in?<\/strong> In most cases, this answer will be no, but the option is there for many affiliate networks!<\/li>\n<li><strong>Do you want to offer additional incentives for Publishers that bring in a lot of sales?<\/strong> For example, an extra commission?<\/li>\n<\/ul>\n<p><span style=\"font-weight: bold; font-size: 18px; color: #ff771c;\">Some last things to keep in mind<\/span><\/p>\n<p>When determining the scope of your affiliate program, competitive research will be key. I highly recommend that advertisers create a fake publisher account first, and then check out their competition. What commissions are they offering to pay? What kind of referral period do they have? Do they offer any incentives? You want to give publishers a reason to join YOUR program and choose to promote YOUR products and services. Another thing to watch out for in affiliate marketing is publishers violating your terms. Some common mishaps are publishers hosting coupon codes or links that you didn&#8217;t provide them (most likely grabbed off emails or another marketing channel) or publishers using your trademarked name in paid search. In some cases, this is actually a tactic for affiliate strategy, but it must be monitored carefully. When setting up your program terms, you have the option of making strict rules on things you don\u2019t want, so you can call on them later if they are violated!<\/p>\n<p><strong>Are you considered adding affiliate marketing into your online strategy? If you already have, what other tips would you have for those getting started?<\/strong> We\u2019d love to hear from you! Leave a comment below or connect with us on <a title=\"facebook.com\/123Print\" href=\"https:\/\/www.facebook.com\/123Print\" target=\"_blank\">Facebook<\/a>, <a title=\"twitter.com\/123print\" href=\"https:\/\/twitter.com\/123print\" target=\"_blank\">Twitter<\/a> or <a title=\"plus.google.com\/+123print\" href=\"https:\/\/plus.google.com\/+123print\/posts\" target=\"_blank\">Google+<\/a>.<\/p>\n<p style=\"text-align: center;\"><em>Interested in becoming a publisher in 123Print\u2019s Affiliate Program?<br \/>\n<a title=\"123Print Affiliate Program\" href=\"http:\/\/www.123print.com\/about-us\/affiliate-program\" target=\"_blank\">Check out our program and apply here!<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Affiliate Marketing? Affiliate marketing basically stemmed from the realization that companies had an [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1443,1444,1448,1452,8],"tags":[1604,1605,731,1526],"_links":{"self":[{"href":"https:\/\/blog.123print.com\/blog\/wp-json\/wp\/v2\/posts\/7520"}],"collection":[{"href":"https:\/\/blog.123print.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.123print.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.123print.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.123print.com\/blog\/wp-json\/wp\/v2\/comments?post=7520"}],"version-history":[{"count":11,"href":"https:\/\/blog.123print.com\/blog\/wp-json\/wp\/v2\/posts\/7520\/revisions"}],"predecessor-version":[{"id":8955,"href":"https:\/\/blog.123print.com\/blog\/wp-json\/wp\/v2\/posts\/7520\/revisions\/8955"}],"wp:attachment":[{"href":"https:\/\/blog.123print.com\/blog\/wp-json\/wp\/v2\/media?parent=7520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.123print.com\/blog\/wp-json\/wp\/v2\/categories?post=7520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.123print.com\/blog\/wp-json\/wp\/v2\/tags?post=7520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}